Just opened a bank account for a non-profit that I am Board Treasurer of that is not Bitcoin based (for now). Just wow, the amount of questions, time, and red tape was absolutely incredulous.
Not only did we have to clear our “good standing” status with the State of Maryland by filing reports with them, but it also took us over 3 hours and 50 questions to get the bank account opened. The fiat system needs to die.
