3 ms·
Bitcoin at this price level is generally hated by banks, treated with suspicion everywhere around the world, outright banned, and regulators almost actively try
by seydor 2y ago
Bitcoin at this price level is generally hated by banks, treated with suspicion everywhere around the world, outright banned, and regulators almost actively try to grind it to a halt. They don't do those things for gold for example, and gold is still going up
- bondarchuk 2y agoCertainly gold has been the subject of some suspicion: https://en.wikipedia.org/wiki/Executive_Order_6102 https://en.wikipedia.org/wiki/Executive_Order_6102
- TrackerFF 2y agoI don't know why you're being downvoted. Cryptocurrencies in general are a big pain in the ass for banks, due to how much of fraud is associated with those currencies. AML and KYC regulations have made practical use of cryptocurrencies a pain for both parties, for the past 10 years. It's just now, in the very recent years, that it has become somewhat easier and streamlined.