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The banks are running scared from cryptocurrency. Whatever I think of individual examples, they're looking that change in the eye and are terrified of it. They want to kill it.
Unfortunately, disallowing easy means to purchase cryptocurrency may just effectively do that for any but fringe hobbyists, banishing it to the ranks of those using it on silk road to buy illicit drugs again.
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@verius "Banks don't like economic issues" tell that to the mortage crisis.
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@maiyannah @verius From what I've read in the past, banks love #Ripple, and would prefer that #cryptocoin to become the primary surviving !cryptocurrency. I always assumed that means it contains a means for them to control manipulate it easily where other coins may not.
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@lnxw48a1 @verius Oh its certainly about control. They fear what they can't control.
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@verius @lnxw48a1 Yes, but the central banks aren't the ones restricting purchase of cryptocurrencies (they don't deal directly with consumers anyways, they deal with private banks). It's the private banks used by citizens doing this, and a startling number of them too.