Comment by dangerlibrary

As a consumer spending money from a checking account or credit card, the only reasons a bank would stop a payment or freeze a balance are because they suspect fraud or illegal activity. In the first case, it's a service they are providing you - peace of mind as a result of extensive fraud protection measures. In the second case - then mostly_harmless is correct. If the only benefit of bitcoin is "no fraud protection and the freedom to use for illegal transactions" how is mostly_harmless wrong?