Homeless people cannot open a bank account

Without proof of address, a homeless person cannot open a bank account. This person can obviously not provide proof of what he does not have.

One good way to get out of his difficult situation, is for the homeless person to find a job. However, the employer will usually require a bank account to pay his wages in. In other words, there may be no point in getting a job either, because the homeless person would not get paid anyway!

As everybody in the bitcoin world knows already, the fiat banking system is a depravity. Their treatment of the homeless is just one of the so many ways in which the fiat banks destroy the lives of the poor and the destitute.

We are at war. The ultimate goal of the bitcoin project is to eliminate the banks altogether:

A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.
Fiat banks are evil. We must not rest until all the fiat banks have been eliminated. Whatever it takes, we must go to the bottom of this.
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Published by

eriksank

I mostly work on an alternative bitcoin marketplace -and exchange applications. I am sometimes available for new commercial projects but rather unlikely right now.

One thought on “Homeless people cannot open a bank account”

  1. How does a homeless person set up a Bitcoin account? How does he get his employer to pay to that Bitcoin account. There are many homeless shelters that will provide you an address for both a job and a bank account. I have never had a bank ask me for proof of my address, just my state issued ID or passport (which does not have an address) and my SSN. There are many small businesses that still payroll by a check to their employees.

    You are correct though in the UK if you do not show up in the computers as a voter or having a residence at one time then you could be out in the cold.

    Like

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