Fidelity Just Locked My Mom Out of Her Life Savings

As I become more attuned with my finances and the finances of my close family, I am becoming more and more convinced that we need to break away from centralized finance.

My mother was locked out of her life savings and managed accounts because she upset a call center representative at Fidelity by giving them a bad review for failing to protect another family member with Alzheimer’s from fraud. This employee at Fidelity abused their power by locking my mother out of her account until she appoints a power of attorney or names a co-trustee due to my mom’s age (over 65), claiming she has “diminished capacity.” If you knew my mother (like her other Fidelity advisor does), you’d know this is absurd.

I have been reading other similar cases where, in their infinite wisdom, Fidelity is locking out senior citizens from their accounts for months if not years and forcing them to live in squalor because they cannot pay for their daily living expenses. Major transactions and other expenses are often scrutinized not to protect YOU as they claim, but to protect THEIR investment.

We the people NEED Bitcoin and other cryptocurrencies to succeed. Big banks, corporations, and big government will continue to take control of our freedoms and extract our wealth until nothing remains.

This is a bipartisan issue. Whether you are right wing or left wing, we can all agree that we should all have the right to manage and preserve our wealth and power, and be able to support our families and loved ones.