Ugh this gives me shivers. Moreso than a recent terrible banking experience I had. I try to use my bank as little as possible and hold as little cash in there as possible. But my checking account is used to pay ever bill and credit card statement. It's a volatile account balance.

I went to play poker at my local casino last week and took the bus/train to do so. When I got there, I realized I had forgotten my damn cash at home but no big deal because I had $800 in my checking at the time and I could withdraw $600 which would be plenty for the days playing. Everything at the ATM went smoothly right up until the very end when it canceled my transaction for reasons I still do not know (or care). I tried once more and then got an insufficient funds error (and fee) so when I used my mobile to check my balance, I saw that I had been credited the $600 from the initial transaction. I called the bank and all they could tell me was "yes it was canceled, and your money will be refunded in two business days". Well, this was Friday evening so two business days was Tuesday! There was nothing I could do now except get back on the train and go home. Fiat and banks are so frustrating.

I almost wrote a sob post about this event, but it never happened so I'm telling the story here. Even though you had seemingly less inconvenience in your situation I really can't help but shudder to think you now need an ID to even deposit! That is so much worse than a random ATM error or perhaps my bank "protecting me" from a casino ATM withdrawal which in their defense almost never happens. I prefer to manage my own cash. This stuff really baffles me when people can't grasp at least this particular why of bitcoin. Do they not desire control?