Not that long ago I made a small mistake with one of my bank accounts for my businesses (yep, I still have those). As directed by support I called the bank's support line to fix the issue. A couple days later my account was shut down and I had no access to any of my accounts with this bank. Long story short, the support person had made a mistake when they logged my info and the bank security flagged me as attempting fraud. Thankfully after several weeks and many calls to the bank I was able to resolve the issue and my funds and access were restored.

Nothing like this had ever happened to me before. I typically only use credit unions but my credit union doesn't support business account so I had to go with a commercial bank. I had always liked the idea of having the option to be my own bank. To run my own node. To host my own lightning routing node (Bank). This event made it real to me. The frustration, anger, and helplessness I felt was massive. I would venture to say most folks on SN have never experienced this. For the most part I doubt most people in advanced economies deal with these issues. But, it made the value of self-sovereign bitcoin real to me in a way that it was not before.

Read my previous posts in this series.