Bitcoin Forum
May 13, 2024, 11:06:36 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Capital One Refuses to Let Customers Buy Cryptocurrency From Any Exchange  (Read 44 times)
Elby (OP)
Member
**
Offline Offline

Activity: 252
Merit: 10


View Profile
January 14, 2018, 06:26:36 PM
 #1

Capital One Refuses to Let Customers Buy Cryptocurrency From Any Exchange
https://themerkle.com/capital-one-refuses-to-let-customers-buy-cryptocurrency-from-any-exchange/

If people would leave to banks who adopting cryptos, then they would change their policy for sure. This decision makes me think about the crisis back in 2008. So some banks decide what we do with our money. Another proof why people don't trust banks and are so interested in cryptocurrency.

I hope a lot of customers will leave the banks who are refusing transactions, because these banks are now deciding what we need to do with our funds, how more crazy can it get?

1715641596
Hero Member
*
Offline Offline

Posts: 1715641596

View Profile Personal Message (Offline)

Ignore
1715641596
Reply with quote  #2

1715641596
Report to moderator
1715641596
Hero Member
*
Offline Offline

Posts: 1715641596

View Profile Personal Message (Offline)

Ignore
1715641596
Reply with quote  #2

1715641596
Report to moderator
1715641596
Hero Member
*
Offline Offline

Posts: 1715641596

View Profile Personal Message (Offline)

Ignore
1715641596
Reply with quote  #2

1715641596
Report to moderator
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715641596
Hero Member
*
Offline Offline

Posts: 1715641596

View Profile Personal Message (Offline)

Ignore
1715641596
Reply with quote  #2

1715641596
Report to moderator
Omega Weapon
Hero Member
*****
Offline Offline

Activity: 1092
Merit: 501


View Profile
January 14, 2018, 07:48:24 PM
 #2

Capital One Refuses to Let Customers Buy Cryptocurrency From Any Exchange
https://themerkle.com/capital-one-refuses-to-let-customers-buy-cryptocurrency-from-any-exchange/

If people would leave to banks who adopting cryptos, then they would change their policy for sure. This decision makes me think about the crisis back in 2008. So some banks decide what we do with our money. Another proof why people don't trust banks and are so interested in cryptocurrency.

I hope a lot of customers will leave the banks who are refusing transactions, because these banks are now deciding what we need to do with our funds, how more crazy can it get?
This show to us why we need bitcoin in the first place, that bank does not let you to do something with money that belongs to you, if we were talking about bitcoin being illegal that will be different since banks will not want to be part of anything illegal, but bitcoin is legal and yet you cannot do as you wish with your money, if that bank keeps doing that I will not be surprised that in a few years there was a bank run against that bank.
Hydrogen
Legendary
*
Offline Offline

Activity: 2562
Merit: 1441



View Profile
January 14, 2018, 07:55:49 PM
 #3

The trouble with news stories like this is, they won't gain enough exposure to reach those who need to hear about this the most. This type of information will be classified as "conspiracy theories" and those who discuss this in the mainstream will be labeled "conspiracy theorists". There isn't any reliable avenue of disseminating information which can reach mainstream pop culture audiences who will only hear about bitcoin and crypto currencies being "ponzi schemes, scams, frauds, bubbles" and so on.

There's a dire and urgent need for independent mainstream media in society. (Sorry to be redundant and say the sky is blue and water is wet btw for everyone who already knows this stuff)

Capital One denying customers crypto purchases isn't that serious. What could be worse is the likely harsher and more stringent measures they have planned for the future.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!