Post
Topic
Board Bitcoin Discussion
Re: The hypocrisy of the UK on Cryptocurrency
by
Ale88
on 07/07/2023, 00:42:36 UTC
Can you imagine? Banks claim to be blocking people and businesses because of the FTX collapse. How many banks have they stopped because of the ugly past of many UK banks that went insolvent?

The problem of one establishment out of many should never be a yardstick in judging others. For me, these banks are anti-crypto and their actions are high level of hypocrisy.
The banks nowadays are fighting against something that, day after day, is becoming bigger and bigger and they don't know how to stop it. The smart banks will embrace cryptos and make a profit out of it; other banks, like those that are blockings transfers for stupid reasons like "your own security" will just end up like the dinosaurs did. Maybe not in 1 year, maybe not in 5 and not even in 10, but eventually they will.