Andreas Antonopoulos, one of the most well-known ambassadors for bitcoin and the industry of crypto, says that the financial software company Intuit attempted to restrict his use of cryptocurrency.
In a series of tweets published Dec. 4, Antonopoulos explained that Intuit had attempted to prevent him from accepting credit card payments due to his concomitant use of cryptocurrency. Intuit is best known for its tax prep software TurboTax and financial management software Quickbooks.
According to Antonopoulos, the software firm asked him to remove cryptocurrency from his official website in order to continue using the company’s accounting services.
Intuit Merchant Services @intuit just told me that I can't be using crypto if I accept credit cards for my invoices. They asked me to remove crypto from my site. I instead elected to remove Intuit and their credit card services from my life.
😂🤣😃
— Andreas ☮ 🌈 ⚛ ⚖ 🌐 📡 📖 📹 🔑 🛩 (@aantonop) December 3, 2019
Antonopoulos blamed the imposed restrictions on the “banking cartel,” rather than putting a disgruntled employee at fault.
Hardly. They did their job exactly as specified in policy.
The banking cartel doesn't want competition or risk. They prefer monopolies, kleptocracy and captured regulators.
The minimum wage person on the phone is only following policy.
— Andreas ☮ 🌈 ⚛ ⚖ 🌐 📡 📖 📹 🔑 🛩 (@aantonop) December 4, 2019
While Antonopoulos says he was not outright banned from using Quickbooks, the company did disable his ability to accept credit card payments and invoices due to his participation in cryptocurrency.
they didn't kick me off Quickbooks (yet), just disabled my ability to accept credit card (which given how it's gone so far is not a disappointment, more a relief).
— Andreas ☮ 🌈 ⚛ ⚖ 🌐 📡 📖 📹 🔑 🛩 (@aantonop) December 4, 2019
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