Quote from: The_Dark_Knight on February 27, 2017, 05:12:30 AM

Quote from: Payment21 on February 14, 2017, 06:50:45 PM

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.

The opposite I could say. That is, banks literally put the rules and of course banks have the money. Governments all over the world are groups of people with very good salaries and their main goals are to follow and implement faithfully what the bankers have already decide. On the other side banks always want to fund companies that in the future will succeed and they will have certain profit and possibly as someone above has post they can control through its loans.