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Why Banks are About to Get Canceled- Sorry Jamie Dimon

Scott Debevic
7 min readOct 15, 2021

I had an extremely unpleasant experience yesterday. I hasten to say that it was worse than getting blood drawn (I loathe needles), worse than going to the dentist, and worse than going to your niece’s neverending dance recital. Yes, you guessed it. I went to the bank.

Picture of a man with a face tattoo reflecting in the middle of train tracks.
Picture by Dublin Portraits from Pexels.com

My mom explained it would take about 15 minutes to add me to one of her accounts. So, I loaded the car with my parents and took the 20-minute drive to the dreaded place that crushes so many dreams. We were greeted by Sherry, a middle-aged banker who was nice.

Mum explained to Sherry that she wants to add me to the safe box and put my name on their account. Sherry pulls up the account and notices that it currently has three names: mom, dad, and…grandma. To add me to the account, she would need signatures from all 3 names on the account. The only problem is that grandma died 8 years ago.

Sherry proceeded to explain that they would need a death certificate and a long-drawn-out process, or they could create another account with my, my mom, and my dad’s name. We opted for selection 2 and proceeded to close their current account and open a new one.

Waiting to get a Covid Test is faster than opening a new bank account

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Scott Debevic
Scott Debevic

Written by Scott Debevic

My goal is growing wealth and earning passive income. Mainly focused on Bitcoin and crypto. Feel free to contact me at: scottdebevic@gmail.com

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