Thursday 26th June 2025

We live in a world where we trust banks to keep our money safe. But what if I told you that the money in your account isn’t really just sitting there, waiting for you? In fact, it’s probably already gone, loaned out, leveraged, and moved around. And now, with Barclaycard planning to block crypto transactions from June 27th, it’s more obvious than ever: we don’t control our money, they do.

Let’s break it down, plain and simple.

What Actually Happens to Your Money in the Bank?

When you deposit money in your bank, it doesn’t just chill in a vault with your name on it. Nope. Under the fractional reserve banking system, banks only need to keep a fraction (usually around 10% or even less) of total customer deposits as reserves.

That means if you deposit £1,000, the bank may only keep £100 and lend out the other £900 to someone else. And that person might deposit it in their bank… which lends it out again. It’s a giant loop of lending and re-lending, creating money that doesn’t actually exist in physical form.

It’s like musical chairs with your money and you hope the music doesn’t stop.

So... What About Blocking Crypto?

Barclaycard’s recent announcement that they will block crypto transactions starting June 27th is just another example of how banks decide what you can and can’t do with your own money.

It’s not illegal. It’s your cash. But suddenly, because a financial institution is uncomfortable or unprepared, your access is cut off. That’s not freedom, it’s permissioned finance.

And it happens more than you think:

• Banks freezing accounts during economic uncertainty
• Crypto purchases flagged or blocked
• International transfers delayed or denied
• Cash withdrawals limited

Crypto Flips the Script

Crypto was born out of frustration with traditional finance. In 2008, while the banks were collapsing, Bitcoin was quietly launched with a message in its first block: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.”

Crypto gives you the keys, literally. You don’t need permission to send funds, make transactions, or store your wealth.
You don’t need a bank.
You don’t need a credit check.
You don’t need their terms and conditions.

Instead, you have:

• Self-custody wallets
• Peer-to-peer networks
• Transparent public ledgers
• Decentralized power

So Why Isn’t Everyone Doing This?

Because banks don’t want you to.
Because change is slow.
Because most people don’t realize what’s happening with their money.

But knowledge is power and with the rise of crypto, you can start taking your power back. Use a cold wallet. Learn what a private key is. Explore decentralized finance. Ditch the gatekeepers.

Barclaycard might be blocking crypto, but they can’t block awareness. The more people understand how fiat money really works, and how crypto empowers them, the stronger the movement becomes.

This isn’t about rebellion. It’s about freedom. Financial freedom. Knowledge. And choice.

If you would like to support Crypto Coinfused and fuel the work we are doing to help spread the word about crypto, please donate if you can, it helps more than you think!

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