Disrupting The Banks The Cryptocurrency & Bitcoin Way

by Charles Severson | Jun 25, 2019 | Uncategorized | 175 comments

I remember a certain fee that still upsets me from my days of credit card and bank account churning where I’d sign up for new accounts, perform the necessary actions to receive the bonus, and keep the account open long enough to validate the bonus.

Bank Of America, which I have no issue telling you to stay away from, gave me $100 to open an account with them. Once I did that, I removed the money from the account and went about my business. Now, they have the gall to charge people for not having enough money in their account. In my case that was $0. So, seeing this, the next month they slapped my account with a $25 fee for a failure to meet the minimum account balance requirement. Then, seeing that I now had a -$25 balance, they then hit me with a negative account balance fee of $35.

Because I no no intention of using this account after I had gotten the bonus, I didn’t log in for several months.

Imagine my surprise when I logged in to close the account only to find that it was over a hundred dollars overdrawn.

Now, this wasn’t the end of the world for me, but I can imagine someone with different circumstances would have a very different opinion. Today’s banking institutions make a large portion of their revenue from fees like these, and I think that’s extremely malevolent given that people are entrusting them with their money to begin with.

Not to mention, globally 1.7 billion adults remain unbanked, yet two-thirds of them own a mobile phone that could help them access financial services.

Banks will refuse to service “high risk” individuals who then have to turn to even more unscrupulous businesses like check cashing services which take money out of people’s paychecks.

So, clearly, the banking industry is letting people down. But, how does this involve Robinhood?

For one, I think the checking and savings accounts will be a loss leader. After all, Robinhood’s core business is commission-free investing in stocks, options, bonds, ETFs, and most recently cryptocurrencies.

Because customers will have to open a brokerage account with them to get access to the cash management accounts, I think there’s a connection being built here.

Robinhood’s vision, it seems, is to be a turnkey solution for all consumer investment and cash management needs.

Speaking more broadly, the idea of separate banking and brokerage accounts will someday seem archaic.

Instead, we’ll see a day where one account is used for everything.

We’ll have one account for our investments, our assets, and our cash, allowing us to buy, sell, and hold assets on a whim.

Essentially, instead of being beholden to banks that clearly are overcharging and under delivering, we’ll see a customer-first banking and investment approach.

The conversation will change from, “how can we make more money from our customers?”, to, “how can we help meet our customer expectations and help them succeed?”

Banking as it exists today is extremely susceptible to disruption.

We will either see banks ready to embrace more efficient, cheaper, and more enjoyable experiences, or we will replace them.

The bigger they are, the harder they fall.

175 Comments

afghan kush on February 11, 2021 at 11:11 pm

Nothing succeeds like success.
Marcosfab on March 5, 2021 at 5:52 am

tadalafil daily use: http://tadalafilonline20.com/ tadalafil 40
Wesleyobliz on March 5, 2021 at 3:15 pm

buy tadalafil tadalafil pills
tadalafil dosage
MichaelNum on March 8, 2021 at 7:47 am

buy cheap prescription drugs online: https://genericwdp.com/ generic drugs without doctor’s prescription
RandyOdomb on March 8, 2021 at 8:49 am

prescription drugs online without doctor cheap tadalafil
MichaelNum on March 9, 2021 at 8:20 am

generic pills for ed generic pills for sale
RandyOdomb on March 9, 2021 at 9:15 am

drugs without doctor script: https://genericwdp.com/ generic drugs without doctor’s prescription
MichaelNum on March 10, 2021 at 6:58 am

prescription drugs without a doctor india pharmacy drugs
Jeffreydaymn on March 11, 2021 at 8:00 am

viagra cost per pill viagra amazon
viagra amazon
WayneBex on March 11, 2021 at 9:21 am

viagra cost per pill buy viagra online usa
viagra from canada
Jeffreydaymn on March 12, 2021 at 6:34 am

over the counter viagra 100mg viagra
where to buy viagra
WayneBex on March 12, 2021 at 7:41 am

when will viagra be generic buy viagra online usa
best place to buy viagra online
Jeffreydaymn on March 13, 2021 at 5:16 am

cost of viagra viagra without a doctor prescription usa
price of viagra
WayneBex on March 13, 2021 at 6:18 am

where to buy viagra viagra online usa
where to buy viagra online
Jeffreydaymn on March 14, 2021 at 4:04 am

viagra amazon best place to buy viagra online
viagra over the counter walmart
WayneBex on March 14, 2021 at 5:02 am

viagra 100mg price price of viagra
100mg viagra
Jeffreydaymn on March 15, 2021 at 2:41 am

cost of viagra viagra cost
how much is viagra
WayneBex on March 15, 2021 at 3:38 am

where to buy viagra cost of viagra
viagra amazon
Ricardojak on March 16, 2021 at 9:54 am

buy valtrex without get a prescription online purchase valtrex online
ed dysfunction
Stanleymuh on March 16, 2021 at 9:55 am

aralen phosphate buy chloroquine phosphate
Stanleymuh on March 17, 2021 at 9:03 am

diflucan prices canada diflucan oral
Ricardojak on March 17, 2021 at 9:06 am

diflucan 125mg diflucan prescription
home remedies for ed
Ricardojak on March 18, 2021 at 10:34 am

best over the counter viagra https://viagrapills100.com/ how much is viagra
Thomasheido on March 18, 2021 at 12:12 pm

viagra over the counter https://viagrapills100.com/ viagra without a doctor prescription usa
Ricardojak on March 19, 2021 at 10:08 am

viagra over the counter https://viagrapills100.com/ buy viagra online canada
Thomasheido on March 19, 2021 at 11:20 am

buying viagra online https://viagrapills100.com/ viagra 100mg price
Ricardojak on March 20, 2021 at 10:52 am

viagra discount https://viagrapills100.com/ buying viagra online
Thomasheido on March 20, 2021 at 12:20 pm

buy viagra online canada https://viagrapills100.com/ cheap viagra online
RichardTub on March 21, 2021 at 7:40 pm

viagra over the counter viagra amazon
over the counter viagra
Marvinpaipt on March 22, 2021 at 6:58 am

buy ed pills from canada ed and diabetes
natural ed
Elmerrak on March 22, 2021 at 8:29 am

ed pills online ed pills online
buy ed pills
Terryveire on March 23, 2021 at 4:59 am

order ed pills cheap ed pills from canada
online ed pills
Marvinpaipt on March 23, 2021 at 5:37 am

cheap ed pills from canada buy ed drugs
cheap ed pills
Terryveire on March 23, 2021 at 12:59 pm

order ed pills ed pills online
cheap ed pills from canada
Elmerrak on March 23, 2021 at 3:15 pm

buy ed pills from canada buy ed drugs
online drugstore
Terryveire on March 23, 2021 at 9:34 pm

ed pills without a doctor prescription ed pills without a doctor prescription
over the counter ed remedies
Marvinpaipt on March 25, 2021 at 4:01 pm

generic prednisone cost: generic prednisone – prednisone 20 mg pill
JasonTut on March 25, 2021 at 4:55 pm

https://zithromaxst.com/# generic zithromax azithromycin
Marvinpaipt on March 26, 2021 at 4:50 pm

where can i buy zithromax uk: zithromax – zithromax cost australia
JasonTut on March 26, 2021 at 11:36 pm

https://gabapentinst.com/# neurontin buy from canada
Marvinpaipt on March 27, 2021 at 5:36 pm

medicine neurontin 300 mg: buy neurontin – neurontin price in india
Marvinpaipt on March 28, 2021 at 3:18 pm

can i buy zithromax online: generic zithromax – zithromax 500mg
JasonTut on March 28, 2021 at 10:02 pm

http://gabapentinst.com/# prescription price for neurontin
VictorMal on March 29, 2021 at 8:04 pm

https://zithromaxproff.com/# zithromax tablets for sale
where can i buy zithromax capsules
ScottEvipt on March 29, 2021 at 10:55 pm

http://zithromaxproff.com/# zithromax prescription in canada
zithromax capsules
VictorMal on March 30, 2021 at 9:39 pm

http://zithromaxproff.com/# zithromax z-pak
buy zithromax online
ScottEvipt on March 31, 2021 at 3:11 am

https://zithromaxproff.com/# can you buy zithromax over the counter in australia
where can i buy zithromax capsules
Frankhaw on April 1, 2021 at 6:42 pm

buy chloramphenicol online: minomycin for sale
generic cipro
ScottEvipt on April 1, 2021 at 8:23 pm

order cefadroxil online: noroxin for sale
ampicillin online
Billyvew on April 1, 2021 at 11:52 pm

minocin for sale: order cefixime
order cefadroxil online
Frankhaw on April 2, 2021 at 8:25 pm

flagyl generic: buy cefixime online
minocycline tablets
ScottEvipt on April 3, 2021 at 12:30 am

order ceftin online: biaxin for sale
order cefadroxil online
Michaellergy on April 4, 2021 at 3:27 pm

meds from india: india pharmacies shipping to usa generic pills india
Charlessek on April 4, 2021 at 8:16 pm

trusted india online pharmacies: order prescription drugs from india india pharmacies online
StevenHeifs on April 4, 2021 at 11:37 pm

overseas pharmacies shipping to usa: india pharmacies shipping to usa india pharmacy mail order
Michaellergy on April 5, 2021 at 1:18 pm

prescriptions from india: all generic meds from india order medications online from india
Charlessek on April 5, 2021 at 10:25 pm

buy medication online from india: cheap online pharmacies from india trusted india online pharmacies
StevenHeifs on April 6, 2021 at 2:16 am

best india pharmacy: order prescription drugs from india generic pills india
Michaellergy on April 6, 2021 at 11:49 am

buy prescriptions from india pharmacy: india pharmacies online united pharmacy india
RobertNof on April 7, 2021 at 5:01 am

erectile dysfunction pills: https://edpillsonline24.com/# male erectile pills
AlfredLum on April 7, 2021 at 9:53 am

viagra pills: best erectile dysfunction pills best erectile dysfunction pills review
Billyadage on April 7, 2021 at 12:19 pm

viagra pills: ed meds mail order erectile dysfunction pills
RobertNof on April 8, 2021 at 3:36 am

buy erectile dysfunction pills online: https://edpillsonline24.com/# top erectile dysfunction pills
AlfredLum on April 8, 2021 at 10:52 am

viagra pills online: ed meds generic viagra pills
Daniloevown on April 8, 2021 at 2:09 pm

single women dating
dating personal ads
Billyadage on April 8, 2021 at 4:20 pm

best male erectile dysfunction pill: levitra pills ed meds
RobertNof on April 9, 2021 at 1:43 am

generic viagra pills: https://edpillsonline24.com/# over the counter ed medication
AlfredLum on April 9, 2021 at 6:22 pm

best ed pills: cialis pills online ed pills for sale
Billyadage on April 9, 2021 at 7:08 pm

best ed pills: cialis pills ed pills for sale
MichaelIdody on April 10, 2021 at 3:04 am

is there a generic for viagra: viagra without a doctor prescription usa non prescription viagra
Harryviomb on April 10, 2021 at 6:10 am

how to buy viagra viagra without a prescription viagra without a doctor prescription canada
JamesLix on April 10, 2021 at 9:57 am

viagra cost viagra without prescription viagra without a doctor prescription canada
Timothycooff on April 10, 2021 at 7:50 pm

dating seiten
100% completely free dating sites
MichaelIdody on April 11, 2021 at 12:24 am

when will viagra be generic: viagra online no prescription no prescription viagra
Harryviomb on April 11, 2021 at 3:04 am

order viagra online viagra without prescription viagra without prescription
JamesLix on April 11, 2021 at 11:50 am

viagra over the counter usa 2020 buy viagra without prescription viagra without a prescription
Timothycooff on April 11, 2021 at 3:57 pm

online dating
personals sites
Claudesono on April 13, 2021 at 12:12 pm

purchase clomid online: clomid – clomid canada
RobertoDah on April 13, 2021 at 2:00 pm

https://doxycyclinest.com/# buy doxycycline hyclate 100mg without a rx
JamesLix on April 13, 2021 at 6:00 pm

http://amoxilst.com/# amoxicillin discount
RobertoDah on April 14, 2021 at 11:21 am

http://diflucanst.com/# diflucan pill canada
Claudesono on April 14, 2021 at 12:17 pm

clomid canada: clomid – clomid coupon
JamesLix on April 15, 2021 at 12:57 am

http://clomidst.com/# clomid online no prescription
RobertoDah on April 15, 2021 at 8:47 am

http://amoxilst.com/# where can i get amoxicillin 500 mg
Claudesono on April 15, 2021 at 12:06 pm

online clomid: clomid – clomid alcohol
JamesLix on April 16, 2021 at 5:41 am

https://clomidst.com/# clomid buy online
RobertoDah on April 16, 2021 at 6:37 am

http://diflucanst.com/# diflucan for sale
Claudesono on April 16, 2021 at 1:49 pm

doxycycline 100mg: doxycycline hydrochloride 100mg – how to buy doxycycline online
RobertoDah on April 17, 2021 at 5:03 am

https://amoxilst.com/# amoxicillin generic brand
JamesLix on April 17, 2021 at 7:31 am

http://amoxilst.com/# amoxicillin 875 mg tablet
Pierrepinty on April 17, 2021 at 4:27 pm

http://edpillsonline24.online/# pills erectile dysfunction
RafaelNip on April 17, 2021 at 7:14 pm

paxil for children: buy paxil – paxil ocd
Robertrindy on April 17, 2021 at 11:32 pm

metformin india: cheap metformin – metformin prescription cost
RafaelNip on April 18, 2021 at 5:08 pm

20 mg paxil: paxil generic – paxil cr generic
Robertrindy on April 19, 2021 at 4:04 am

ed medications online: buy ed pills – ed pills comparison
RafaelNip on April 19, 2021 at 3:05 pm

medicine erectile dysfunction: erection pills – erectile dysfunction drug
Robertrindy on April 20, 2021 at 6:15 am

paxil weight loss: paxil generic – paxil weight loss
RafaelNip on April 20, 2021 at 12:49 pm

paxil er: buy paxil – paxil ssri
JamesBrant on April 21, 2021 at 7:22 pm

buy propecia cheap: cheap propecia – can you get propecia without a prescription
purchase finasteride without a prescription
JamesBrant on April 22, 2021 at 12:45 pm

propecia 5 mg for sale: propecia – buy propecia online
propecia india
JamesBrant on April 23, 2021 at 6:27 am

ventolin price us: albuterol inhaler for sale – generic ventolin medication
finasteride price
austin pool removal on April 23, 2021 at 9:03 pm

One does not wash one’s dirty linen in public.
JamesBrant on April 24, 2021 at 12:04 am

propecia hair growth: finasteride – buy propecia without prescription
propecia no prescription
JamesBrant on April 24, 2021 at 5:24 pm

where to buy ventolin singapore: buy ventolin – ventolin uk price
cheap propecia
JamesBrant on April 25, 2021 at 10:31 am

where can i order valtrex: valacyclovir without a doctor’s prescription – valtrex 500mg price
generic propecia canada
GeorgeJouro on April 26, 2021 at 10:50 am

best pills for ed: erectile dysfunction pills – ed remedies
ed dysfunction treatment
GeorgeJouro on April 27, 2021 at 4:43 am

ed dysfunction treatment: best otc ed pills – generic ed pills
medications for ed
RaymondLox on April 29, 2021 at 11:58 am

www canadianonlinepharmacy canadian pharmacy sildenafil – canadian discount pharmacy
good value pharmacy
RaymondLox on April 30, 2021 at 5:25 am

canada pharmacy 24h promo code for canadian pharmacy meds – mexican pharmacy what to buy
24 hr pharmacy near me
Williamteere on May 3, 2021 at 1:11 pm

cialis tadalafil portugal: erectile dysfunction medications – buy cialis insurance
Williamteere on May 4, 2021 at 6:39 am

buy cialis online overnight: ed drugs – cialis 20mg for sale
Williamteere on May 10, 2021 at 12:46 am

viagra samples: viagra pills – how long does viagra last
buy viagra generic
Williamteere on May 10, 2021 at 5:58 pm

generic viagra 100mg: viagra online – viagra for women
buy viagra generic
Charlespesia on May 13, 2021 at 12:43 pm

generic cialis 20 mg tadalafil: ordering cialis online australia cialis 20mg low price
buy cialis toronto
Charlespesia on May 14, 2021 at 8:08 am

can i buy cialis in uk: buy cialis now canadian pharmacy cialis 20mg
safe buy cialis
dumpsters austin on May 15, 2021 at 7:06 pm

If you are an anvil be patient if you are a hammer be strong.
ElbertFroth on May 17, 2021 at 10:42 pm

ivermectin 4000 mcg: generic stromectol – stromectol 3 mg tablet
ElbertFroth on May 18, 2021 at 5:56 pm

can i order lisinopril over the counter: buy lisinopril – lisinopril pill 10mg
ElbertFroth on May 19, 2021 at 12:40 pm

lisinopril 20g: buy lisinopril – lisinopril 20mg 25mg
Georgeadani on May 20, 2021 at 3:26 pm

buy cialis philippines: cost of tadalafil without insurance cialis 20mg for sale
generic cialis daily pricing
Georgeadani on May 21, 2021 at 7:32 am

safe buy cialis: cheap generic cialis buy cialis drug
buy cialis online viagra
Felixwep on May 24, 2021 at 1:53 pm

buy cialis in miami – buy cialis rush cialis soft tablet
Felixwep on May 25, 2021 at 7:37 am

fastest delivery of generic cialis – order original cialis online buy cialis drug
Felixwep on May 26, 2021 at 1:23 am

rx pharmacy: mexican pharmacy online – best pharmacy
Felixwep on May 26, 2021 at 6:51 pm

77 canadian pharmacy: canadian online pharmacy no prescription – online pharmacy australia free delivery
Howardmen on May 27, 2021 at 11:51 pm

buy cialis tadalafil tablets can i buy cialis in toronto order original cialis online
Howardmen on May 28, 2021 at 5:05 pm

ordering cialis online australia п»їhow much does cialis cost with insurance buy cialis rush
Howardmen on May 29, 2021 at 11:49 am

buy cialis cheap canada cialis for daily use cialis 5mg tablet
Howardmen on May 30, 2021 at 6:43 am

cialis tadalafil portugal buy cialis united kingdom cost of cialis without insurance
Howardmen on May 31, 2021 at 1:33 am

how to get ciails without a doctor buy cialis online generic cialis 20mg low price
Howardmen on May 31, 2021 at 8:29 pm

generic cialis canadian buy cialis online europe generic cialis daily pricing
Altonlax on June 1, 2021 at 4:01 pm

order wellbutrin sr wellbutrin xl – wellbutrin online india
Altonlax on June 2, 2021 at 8:54 am

price generic wellbutrin buy wellbutrin – wellbutrin 65mg
Altonlax on June 3, 2021 at 3:06 am

wellbutrin 4 wellbutrin – purchase wellbutrin
Altonlax on June 3, 2021 at 9:29 pm

wellbutrin medication wellbutrin xl – can i purchase wellbutrin without prescription in canada
Altonlax on June 4, 2021 at 3:55 pm

amoxicillin price canada how much is amoxicillin – amoxicillin 500 coupon
Altonlax on June 5, 2021 at 10:03 am

purchase amoxicillin online without prescription amoxil – amoxicillin where to get
Shanewhore on June 7, 2021 at 3:57 pm

62.5 mg benadryl purchase zyrtec – allegra 80 mg
Shanewhore on June 8, 2021 at 9:16 am

amoxicillin 50 mg tablets buy antibiotic – amoxicillin 500mg prescription
Shanewhore on June 9, 2021 at 3:22 am

mail order prescription drugs from canada cheapest pharmacy – professional pharmacy
Shanewhore on June 9, 2021 at 9:20 pm

benadryl price india generic claritin – zyrtec 20 mg
Shanewhore on June 10, 2021 at 3:39 pm

allegra 24 price allegra medication – benadryl pills in australia
DelmerVeism on June 11, 2021 at 4:49 pm

viagra without a doctor prescription erectile dysfunction pills – ed dysfunction treatment
DelmerVeism on June 12, 2021 at 10:24 am

buy medication online ed pills – erectile dysfunction cure
DanielWat on June 14, 2021 at 11:39 am

order viagra online – viagra 100mg price п»їviagra pills
DanielWat on June 15, 2021 at 5:07 am

п»їviagra pills – buy generic 100mg viagra online viagra discount
LarryHer on June 18, 2021 at 5:17 pm

order neurontin over the counter gabapentin 300mg – can i buy neurontin over the counter
LarryHer on June 19, 2021 at 12:27 pm

amoxicillin medicine over the counter buy amoxicillin – where to buy amoxicillin over the counter
LarryHer on June 20, 2021 at 7:41 am

neurontin brand name 800 mg buy neurontin online – neurontin 800 mg
candyland strain genetics on June 20, 2021 at 8:29 pm

All cats are grey in the dark.
LarryHer on June 21, 2021 at 2:54 am

order aralen online aralen – order chloroquine phosphate
purple haze strain thc cbd on June 21, 2021 at 5:50 pm

There is a time for everything.
LarryHer on June 21, 2021 at 11:18 pm

drug neurontin neurontin generic – neurontin 100mg cost
LarryHer on June 22, 2021 at 8:07 pm

amoxicillin 500 mg tablets price for amoxicillin 875 mg – cheap amoxicillin 500mg
DanielceAft on June 23, 2021 at 4:59 pm

where can i buy viagra over the counter viagra from india – cost of viagra
DanielceAft on June 24, 2021 at 12:17 pm

price of viagra viagra – best over the counter viagra
DanielceAft on June 25, 2021 at 7:35 am

over the counter viagra buy generic 100mg viagra online – where to buy viagra
KennethLeArd on June 26, 2021 at 7:50 pm

impotence treatment canadian pharmacy online – ordering drugs from canada
KennethLeArd on June 27, 2021 at 10:36 pm

injectable ed drugs buy prescription drugs without doctor – www canadianonlinepharmacy
KennethLeArd on June 28, 2021 at 8:36 pm

canadian pharmacy online canadian pharmacies not requiring prescription – overseas online pharmacy
DallasCaume on June 30, 2021 at 10:26 pm

zestril 5 mg india lisinopril for sale – lisinopril pills 2.5 mg
DallasCaume on July 2, 2021 at 12:15 am

zestril 10mg buy lisinopril – lisinopril 20mg discount
DallasCaume on July 3, 2021 at 1:33 am

metformin 1000 mg price in india online no prescription metformin – cost of metformin 500mg
DallasCaume on July 4, 2021 at 5:49 am

hydroxychloroquine sulfate cost plaquenil buy – generic plaquenil pills
DallasCaume on July 5, 2021 at 10:23 pm

plaquenil 200 mg hydroxychloroquine – best price for plaquenil
DallasCaume on July 6, 2021 at 1:39 pm

how much is generic plaquenil plaquenil from canada – plaquenil for sarcoidosis
DallasCaume on July 7, 2021 at 5:47 pm

http://ivermectinstr.online# stromectol without prescription
DallasCaume on July 8, 2021 at 11:36 am

ivermectin 6mg stromectol tablets – ivermectin online
TravisAngex on July 10, 2021 at 6:26 pm

male erection – buy online drugs cheap online pharmacy
TravisAngex on July 11, 2021 at 11:04 am

buy canadian drugs – ed pills cheap buy medications online
MelvinGeade on July 16, 2021 at 9:39 pm

when will viagra be generic viagra without a doctor prescription – over the counter viagra
MelvinGeade on July 17, 2021 at 11:39 am

viagra price buy real viagra online – viagra cost per pill
MelvinGeade on July 18, 2021 at 2:48 am

online doctor prescription for viagra viagra pills – how much is viagra
AnthonyNop on July 20, 2021 at 7:10 am

cheapest generic cialis australia buy cialis 36 hour online – where can i buy cialis without a prescription
AnthonyNop on July 20, 2021 at 10:59 pm

buy cheap cialis overnight cialis without presciption in usa – where can u buy cialis