Post
Topic
Board Economics
Re: Debt and Crypto?
by
ylnar123
on 01/03/2018, 11:23:33 UTC
Desperate to get into bitcoin, investors slip into debt. ... Some investors are taking dangerous risks to get into cryptocurrencies. Roughly 18 percent of people who buy bitcoin use a credit card to do so, according to a new survey by loan marketplace LendEDU.

Indeed, people with credit cards use it to purchase bitcoin but since then some credit companies closed their ties with cryptocurrency to avoid being used as passage to cryptocurrency. Though this is not illegal, the companies cut ties because of the volatility of bitcoin and other cryptocurrency which could possibly lead to bunkrupcy.