Max Karpis

@stats_feed @grok give me numbers at the surrounding countries and countries with the highest numbers in the world.

Population density 🇱🇻 Latvia: 30 people per km² 🇪🇪 Estonia: 32 p/km² 🇱🇹 Lithuania: 45 p/km² (Worldometers)

@HotSkulll Don't know.

@maxkarpis That seems extremely low considering the number of users in Europe. Do you have to pay for the cards ?

Revolut has 122 ATMs in Spain🇪🇸 and, in its first year, distributed 70,000 cards and processed €60 million in withdrawals. Using linear growth assumption (average ~66 active ATMs over the period): → Each ATM issued ~2.9 cards per day → Each ATM dispensed ~€2,490 per day These are averages - some locations almost certainly performed much better. Meh… solid but not explosive numbers for a new network. What do you think?

More likely, these ATMs are more valuable as stationary billboards, providing reassurance of physical presence and building trust.

@0xApollo440 The issuer has the kill switch and will do whatever the authorities tell them.

@maxkarpis Issuer matters. Circle can't freeze your account by law. The ECB can.

The Digital Euro is bad news. It enables total transaction surveillance, programmable restrictions on your spending, and direct government control over money. Say goodbye to financial privacy and cash-like freedom. I hate it with a passion.

@0xApollo440 Stable coins are not dissimilar to CBDCs.

@maxkarpis The real hedge isn't Bitcoin. It's private stablecoins scaling faster than CBDC rollout. ECB knows this, that's exactly why they're rushing.

Revolut is repositioning its Irish🇮🇪 business as Revolut Bank to challenge AIB and Bank of Ireland and win more deposits. The move is mainly marketing-focused — no change to day-to-day operations — but aims to remove consumer doubts around deposit protection. Antoine Le Nel, CMO said: “We want this repositioning to alleviate any inertia and be a moment of realisation for Irish consumers… now we’re saying ‘we can be the only bank you really need’.” My take: Smart play to build trust and convert users to primary accounts. With 3.4M customers in Ireland, the “Bank” name adds credibility. Whether it drives real switching remains to be seen. What do you think?

@mulusan_ They are working on. So far, it's not clear how they will get the licence.

@maxkarpis Türkiye’ye gelme süreçleri ne oldu Max?

Revolut, UniCredit and Deutsche Bank are among 36 payment service providers that will participate in a digital euro trial, the European Central Bank said today. #DigitalEURO

@bitferatu I hate the idea of CBDCs, if you do, I don't blame you, but would closing Revolut change anything?

@maxkarpis Time to drop my revolut account. Cheers

UK rapper @ceebosweezy has released his new single “Revolut”. The track, produced by @fullstopnathan and @chefbkay, reflects on perseverance, ambition and personal growth. It comes with a cinematic video directed by the Ying Yang Twins (in their directorial debut). Note: This is not a collaboration with @Revolut — the title is used metaphorically. Ceebo, known for his sharp lyricism and acclaimed mixtape Blair Babies, continues to build momentum in the UK underground scene. Stream link: youtube.com/watch?v=pEufjV… What do you think? Is this the first unaffiliated music track that mentions Revolut?

@Cieszynski64349 Also could be.

@maxkarpis Usually it's dodgy crypto trading, or not living where you say you are (according to Reddit)

Some people are screaming that "everyone" with a Revolut account is getting their money frozen and that it's "the worst bank in the world" Let's get real: Revolut has 75M customers. Even if 10, 100 or even 10,000 accounts get restricted, that's still a tiny percentage - nowhere near "everyone". If your account gets flagged, you usually have time to verify and resolve it. Comply with the requests, and most people are fine. A lot of restrictions happen because people (sometimes "unknowingly") break the terms of service or transact with risky or flagged accounts. Revolut sees the pattern and acts. This isn't unique to Revolut. Every bank and fintech has to follow the same anti-money laundering rules. They all restrict accounts when something looks off. Revolut isn't perfect, but the "everyone is getting blocked" narrative is pure exaggeration.

Revolut nor any other bank, can not give you reasons what has caused the red flag, that is the thing. Also same people may not be totally honest when they give their explanation of what has happened. Again, if you have done nothing wrong, you can provide evidence of the source of funds and get the matter resolved.

Je suis d’accord avec toi, mais par contre c’est vrai que je vois de plus en plus de personnes qui ont des comptes bloqués, alors que les personnes ont un salaire à une situation plus que stable et ne font pas n’importe quoi ou d’arnaque avec leur compte. J’avoue que ça fait très peur quand même, surtout que le support veulent jamais se justifier ou te donner vraiment la vraie raison. Ils veulent même pas que tu expliques la situation que tu essayes de voir pour trouver une solution.

@Possessor1980 😁

@maxkarpis Below 10000 euro is not money laundering I'm saying

@pschadi Agree.

@maxkarpis It's the same with every (neo) bank, tbh. Most customers are satisfied, but those who aren't are the loudest.

@Possessor1980 So below 100 EUR is not money laundering you are saying 😂

@maxkarpis Well when it comes to restricting after a 100 euro transaction for quasi anti money laundering it pissed me off because we all know who is really money laundering in this world and how they make it real, it is what it is

@RCK1980 I have to provide evidence of the source of funds to Revolut a few times, and to other banks as well. I don't see a major difference.

@maxkarpis I’ve been banking with them for 9 years and never had an issue. I think this is the normal user experience