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/biz/ - Business & Finance

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7304847 No.7304847 [Reply] [Original]

Just a tip to fellow burgers, the Jews are shutting down crypto purchases in America, get in while you can.

"These banks aren't the only financial institutions backing away from anything associated with crypto. Capital One Financial and Discover also don't allow cryptocurrency purchases with their credit cards. Discover chief David Nelms even described people using virtual coins as "crooks... trying to get money out of China or wherever." A Coinbase staff member has also revealed in a Reddit post that major credit card networks and providers recently changed the terms of digital currency purchases. The new terms allow them to treat those purchases as a cash advance, which carries additional charges and have higher interest rates."

David Nelms Salary: $4,550,000 Ethnicity: Jewish

"A growing number of big U.S. credit-card issuers are deciding they don’t want to finance a falling knife.

JPMorgan Chase & Co., Bank of America Corp. and Citigroup Inc. said they’re halting purchases of Bitcoin and other cryptocurrencies on their credit cards. JPMorgan, enacting the ban Saturday, doesn’t want the credit risk associated with the transactions, company spokeswoman Mary Jane Rogers said."

In other words, they don't want us to buy the dip and make a profit, therefore disabling us from using OUR money how we please.

https://www.engadget.com/2018/02/03/banks-ban-credit-crypto-purchases/
https://www.bloomberg.com/news/articles/2018-02-02/bofa-to-decline-all-cryptocurrency-transactions-on-credit-cards

>> No.7304873

>>7304847
>OUR money
Did you honestly ever really think it was yours?

>> No.7304922

>>7304847

It's only credit card purchases so far. If they block bank transfers and try to use it as "protecting us" then we will actually know it's not really our money. At that point I will actually close my bank account and call them stating why (you don't support crypto purchases, bye). Anyone else with a bank account should do the same.

>> No.7304979

good more barriers to entry so i can accumulate

>> No.7305191

>>7304847
>they’re halting purchases of Bitcoin and other cryptocurrencies on their credit cards.
Why's this allowed in the first place baka

>> No.7305992

bump