Post
Topic
Board Economics
Re: Fiat banks and the government.
by
skarais
on 12/12/2021, 19:58:27 UTC
Yes, there are other banks that is fair and just, whom doesn't interfere with other matters that is not reflecting or may harm certain banks. But naturally, banks do obey what governments are told them to do, besides it's where they get their licensing and policies. So what do we expect? They can't just disobey the government that easily because they aren't independent.
Banks that operate their services in a country have an obligation to comply with government regulations that allow them not to break the rule just to support crypto transaction. If indeed the bank can do anything independently without government intervention, then the people at the bank must be able to be involved in this investment.

I have a friend who works for a local bank, he really can't invest in cryptocurrencies because they are set up not to.