I too had something like this happen. After a burnout and extensive travel I somehow got my whole account frozen and emptied just after I got back home. I spen

I too had something like this happen. After a burnout and extensive travel I somehow got my whole account frozen and emptied just after I got back home. I spend weeks begging friends to pay my bills (i.e. server bills, domains, ...) Because otherwise my business would have died because I couldn't pay for anything. It took several weeks until I had a cash flow established again. In no world am I going to trust a bank with my active money anymore. I rather loose 50% within a week than everything within a day. Edit:// or the one time I couldn't buy any food before Monday because I forgot (or rather didn't care) Thursday and Friday is a holiday and transferred money on Wednesday afternoon only to arrive on Monday at noon. And this is within the same bank! Also: Imagine doing international business like a SaaS in a Industrie Visa/MasterCard doesn't allow. Without crypto I would be having 50 PayPal (Payeer, PM, ...) like accounts from several countries and fees multiplying all over. Edit2:// Or when I was living abroad but couldn't open a bank account because I also live in Switzerland and EU banks are afraid of money laundering so much that they simply refuse to open an account for someone that could 'launder so easy'. Even thought I do have an EU passport, and a legit business.