So many countries now were prohibiting the use of virtual cryptocurrencies.
How many countries are prohibiting crypto? How many banks are doing so?
Banks have started to suffer losses in revenues which they got from transactions and remittances.Also they fear that in future people would totally avoid depositing in banks and would just buy bitcoins which would be a huge loss for them.So they ban the accounts elated to crypto trading.
This whole nonsense about them been scared and fighting bitcoin is stupid.
You realize that all exchnges rely on banks to get funds in and out?
Billions are moved and all that with the help of banks who are taking their piece of the pie in transfer costs.
For them bitcoiners are clients, there is a guy I deal sometimes on localbitcoins and when chatting with him he told me this year (it was November if I recall or October, just before the bull run), he has paid almost ~ 500 euros in simple bank to bank fees.
If there would be a real cartel of banks that would aim at waging war against
BTC they would shut the bank account of the exchnges. You realize where the price would go?
Scared? Why should they?
I see hundreds of individuals here holding their coins in web wallets and complaining about the fees blockchain.info was asking for a tx. What's the difference between that and having a bank deposit ?