Comment by blacklion
Can it sets terms on my religious and political views? I'm not speaking about race and sex, you cannot choose them (ok, sex you could in some jurisdictions, and there is difference between sex and gender, please, don't be nitpicky here), but about things I can choose same as I can choose my hardware and software to run.
If there is real effective market (which is not in any country on Earth, especially for banks), you could say: vote with you money, choose bank which suits you. But it is impossible even with bakery, less with banks on market which is strictly regulated (in part as result of lobbying by established institutions, to protect themselves!).
So, on one hand, I must use banks (I cannot pay for many things in cash, here, where I live most of bars and many shops doesn't accept cash, for example, and it is result of government politics and regulations), and on other hand banks is not seen as essential as access to air and water, they could dictate any terms they want.
I see this situation completely screwed.
You DO understand you can own more than one phone, right? Just use one that isn't rooted as a dedicated banking device and the rooted phone for whatever else you need. You are making life far too hard.