That’s no protection in UK. I know for example that trying to buy £200 of crypto has caused a UK bank to lock the account.
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God forbid you get to spend your OWN money on something of your OWN choosing 
I understand there is a lot of fraud but if the bank simply contacts you and says do you approve this transaction like they do when online shopping what business is it of the bank what you spend your money on? Same as when you try to withdraw large sums of cash and the cashier interrogates you. It’s none of their business what you spend YOUR money on Until we as consumers collectively tell them to f#*k off and mind their own business the worse it will get.
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The reason they are doing this is regulations to protect people from fraud.
This might be valid if you are dealing with people who see likely to get into difficulties for various reasons, though I know some will argue it should never be valid. But there are always edge cases. I manage my mum’s financial affairs because she is incapable of handling them, but there are many situations between incapable and capable where intervention could be argued as valid.
I think it is uncharted territory for regulators, banks and everyone else. Crypto has bypassed all the reasonable working mechanisms and government is thrashing around in several areas trying to respond to the challenges of technology in multiple fronts.
I don’t think the answer is, my money no regulation, nor that a £200 purchase by someone with obvious means should throw them into financial turmoil by withdrawing access to their funds.
Ideally we’d all have family and friends around to make regulation redundant, people who know and care would be much better at getting these calls right, but that’s not practical either so what’s the answer? 
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Very, very good point!
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I agree with what you are saying with the regulations to help against fraud but if I decide I want to buy something and then okay it through the banks various anti fraud mechanisms what gives them the right to then deny me access to my own money? I should be able to spend it wherever and however I want surely? And if you enter a bank and show the relevant ID to make a large cash withdrawal you should under no circumstances be asked what are you spending this money on, it’s ridiculous.
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I recall, from a previous comment on upcoming Beta, that it won’t have a graphical user interface - which in my book doesn’t qualify as a readily accessible Beta for the majority of potential users.
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This much is true - but…
A working beta, even with a CLI will hopefully make waves in the wider dev/privacy/security community and attract talent who can create GUIs - but Id much rather they were inspired by @JimCollinson 's previous work.
It will also stimulate interest/demand for eMAID, bring us many more potential noderunners.
The surge in clients will take place later as SAFE v1.0 looms on the horizon.
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Nice drop in MAID. This is because of the Bittrex situation right?
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I expect the significant dumping on Bittrex is the main cause of this drop.
3 test nets in a row that died young could also be spooking some, but I expect that’s insignificant vs the effect of Bittrex closing down.
The dumping won’t carry on beyond 4th Dec, at least not on Bittrex, as trading will be halted.
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A larger no of generally successful testnets previously was not translated into a detectable upward trend so would say the price collapse is 100% down to the Bittrex news. I’m guessing not enough of those trading MAID are aware or even care about the actual tech news.
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Aug & Sept had a steady uptrend vs BTC, though not sure if that correlated with the stable tests?
I think you’re right that technical developments aren’t a huge driver of short term price moves.
I definitely buy more when progress looks good, but not sure how common that is.
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Adding a bit more history for future reference…
Total tradeable emaid supply:
https://etherscan.io/token/0x329c6E459FFa7475718838145e5e85802Db2a303
Currently minted 7,798,307 eMAID which is 1.72% of 452,552,412 omni maidsafecoin tokens
Curious to see how this changes over the coming months.
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If no Exchange initially accept SNT, we will facilitate OTC trades within the community.
I can even imagine eSNT/eMAID liquidity pools on Uniswap and/or alt.co acting as a SNT/eSNT on and off ramp.
But what’s happening today with Bittrex shutting down is something the community has refused to see was coming. I think and hope conversion to eMAID will intensify over the next few weeks since it’s the only path to liquidity I can see.
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One reason is that stolen card details are often used to by crypto. Its a fraud flag.
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I think many people can be grateful for the work that has been done! Luckily this was realized and people understand the importance of it.
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We’re approaching the 8 million now 
MAID burned 7,919,410
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Which is why I mentioned the verification process similar to online shopping. If I make a large online purchase I have to verify it on an app so unless the fraudster also steals your phone it’s highly unlikely it’s fraud. I also understand there are edge cases but the majority of the population should not be punished for these.
For clarification I have no problem with the checks for fraud I have a problem with the banks deciding what you can and can’t spend your own money on. Banking fraud was happening a long time before crypto and will continue to happen regardless of crypto. Again my problem is I can approve a transaction multiple times and the bank can say NO we don’t want you spending YOUR money there, that is my issue.
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My impression is that Revolut allows purchase of BTC that it sells but limits import of it… the route through Coinbase for GBP is a simple one… but the setup is a know your customer, which is inevitable as it’s a bank in the old way that loops all regulation. I’ve not seen any older bricks and mortar banks being as wise on this… Revolut setup as crypto was born so on top the difference perhaps.
Just an FYI for people - when you “put” currency into a bank account, you are loaning it to them. So it’s no longer your currency. Instead you have a claim on it and an agreement with the bank that they will repay you the loan on your demand, usually with some stipulations - make sure you know what these are before giving them currency … and also woe be to you if they go bankrupt - as their loan (debt to you) may be canceled.
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