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this post was submitted on 01 Apr 2024
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Privacy
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i wonder why this happens. are you from somewhere where this is common or were your transactions shady? i only got my bank block one transaction for me and that was because i didn't know i had to 'activate' the ability to send money to accounts in the eu
Likely its because of all the other privacy tools that I use. Banks don't like it when they can't track you. Every time they think I have a new device. They interpret "oh shit we can't track this person between sessions" as "its suspicious! Lock the account!" ...even though I use the correct username & password on the very first try. Smh
Ultimately this is the result of Machine Leaning algorithms, but terrible ones because they never learn that they false positive 100% of the time on my account.
Anyway, this is never an issue with monero. The transactions can't be blocked. It literally works every time. And I hold the keys, so I don't have to worry about loosing my money because my bank gets hacked (or someone calls them with the knowledge of my mother's maiden name and the last 4 street addresses I had, and uses this public information to reset my password and steal my money)