And Why is this good?
I've have never seen an ATM that let's you withdraw 1000's at a time but I guess they are around. I've read different articles on the war on cash, eliminating 100 and 50 dollar bills under the guise preventing criminal activity but I think this one at JP Morgan is because they are in deep do do...
We will have to keep an eye on these activities.

The problem is with ANY transfer of large amounts of funds. This happened to us this week when Bank of America put the screws to us. We sold property in another state and the title company sent us a large check. The check was promptly deposited but the funds would not be available to us for at least seven days. In effect we gave the bank an interest free loan for one week. If the reverse happened we would have been charged over $800.00 interest. We had planned on paying off some debt but couldn't because the funds were not available to us as anticipated. We have been with this bank for decades but will close our account and find a local bank with which to deal.

It might be a good idea to figure out ways to secure wealth that cannot be touched by the state.

I misplaced a comma, folks - sorry about that. It should have read, "This is it, good people!' Mea culpa. Sorry about that.

Next will come the confiscation of guns. When they come for mine, I will do my damdest to take onr or two, at least, to the Judgment with me. It will be interesting to see how they attempt to justify their lives' actions with their own pathetic self-rightousness.

isn't this like Greece?? . no dollars besides milk money
for you, even if you have millions. . it's a guard against
a run on the bank -- and big brother is watching all of this. -- j
.

Negative interest rates will be next.
This is why I've been pulling excess cash out of my account.
Bitcoin, gold, silver

Well it makes sense if your the Leviathan, in today's day every non cash transaction is known by many groups.
But the beast can't track the whores, the good drugs, the tips, plus more and that's gotta bug the hell out of the beast.

Long Live Cash, especially a man named Johnny Cash

Total nonsense.
See my comment in a similar thread here:
https://www.galtsgulchonline.com/post...

How old are you? Do you not remember checks? You identified the payee and the amount, and the date, and you signed it. Were you terrified of Big Brother? Why not?

I repeat that every banknote has a unique serial number: cash is not anonymous. It is not Big Brother that enslaves you: it is your lack of knowledge.

In the days of gold money, to open a National Bank, you needed to put at least $25,000 in gold in the US Treasury. They gave you interest bearing bonds for that. In return, your bank could issue (lend) its own notes up to 90% of the value of the bonds. And still some banks failed. It's a business. Do you hate shoe stores that fail? Do you vilify the unsuccessful pharmacist who moves to another town to start over? Why do you hate bankers, calling them "banisters"?

And in those glory days, business was not anonymous. In fact, if you read anything about capitalism whether Ayn Rand or Deirdre McCloskey, you must know that reputation was everything. Anonymous transactions are for criminals.

In no way is this good!!

There will always be cash! The man who goes to the shop to buy a bar of chocolate, Even a car where both people want to avoid tax, I can think of other things too