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

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.