Post
Topic
Board Bitcoin Discussion
Re: Have Banks conspired to Kill Bitcoin Startups?
by
The_Dark_Knight
on 27/02/2017, 05:12:30 UTC
This article claims that over 36 bitcoin exchanges have closed shop around the world, since October 2015, due to discontinuation of banking services to them.

Is it that commercial banks have conspired to make it difficult for bitcoin startups or they are just trying to abide by the present laws and regulations?

http://www.forbes.com/sites/rogeraitken/2017/02/12/bitcoin-or-bust-taking-british-banking-out-of-exchanges/#1e942876588e
Banks love money more than anything but you still need to follow some rules, but the rules don't come from the banks but from the governments, governments own the fiat and if you are going to do deals in fiat then you need to follow their rules is that simple.