Quote from: htsy585 on Today at 07:20:42 PM

Quote from: gokumarket on July 03, 2020, 10:47:23 AM

Reportedly US Banks are going the treat Bitcoin (BTC), Ethereum (ETH), and all crypto purchases same as Cash. In the crypto economy, this move is going to be a milestone. Cool

By merely going through your write-up, i don't think this news is authentic beside you didn't back it up with any source. Let's even assume it happens to be true, i don't think it is actually a milestone for this industry. We are pushing for mass adoption and recognition but definitely not like this one because if the bank of AMERICA should ever treat the purchase of cryptos as a cash, we will definitely lose the good side of crypto besides i see this as a way of feds trying to milk out from crypto enthusiasts

I agree with you, this is indeed not a good news even if it's true becuase it is a way of the government trying to control the activities of bitcoin and if that happens, bitcoin will lose its original use case which is meant to be a decentralised digital assets without no central authority. Next time, posters should always attach a good reference source so that we would be able to verify the originality of the news