People shouldn't be buying crypto with credit anyways. Never invest money you can't afford to lose. And ABSOLUTEL NEVER take out a line of credit on crypto.
People racking up credit card debt buying cryptos are morons ... it's as simple as that.
If anything, smart investors who were perhaps paying for crypto with credit cards and then paying off their credit card that same week/month are going to lose out on some miles/points/cash back -- but they will survive.
Exactly!! I have no problems with this. People should not be invest/gambling with the banks money. The one's who do this are likely the one's who do not understand the market and are buying during the hype. Only invest what you are willing to lose, otherwise you will panic sell and make a loss.