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So, 4 percent of people buying Bitcoin are doing so on credit. Does not seem so depressing. Normalize by the amount invested and it probably drops to less than

So, 4 percent of people buying Bitcoin are doing so on credit. Does not seem so depressing. Normalize by the amount invested and it probably drops to less than 1 percent.

andirk 8y ago
Card swiping/virtual terminals are given at the discretion of the payment processors. Credit limits are at the discretion of the issuer, and are the ceiling of what they consider worth the risk. It sounds like the issuers, once again, had too high of a ceiling and then people defaulted. Very little to do with cryptocurrency.