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They move their money from their bank to an exchange and then buy bitcoins. The announcement says nothing about not allowing banks to deal with bitcoin exchang
by waterlesscloud 13y ago
They move their money from their bank to an exchange and then buy bitcoins. The announcement says nothing about not allowing banks to deal with bitcoin exchanges, only that banks can't deal in bitcoin directly.
This "news" (which is really just the official announcement of something announced unofficially a couple weeks ago) changes nothing whatsoever about the status quo.
- bilbo0s 13y agoWait... can't they just tell the banks that they can't deal with bitcoin businesses in the future???
- gokhan 13y agoIn that case, they would tell it today rather than telling that the public should deal with the Bitcoin's risks themselves, wouldn't they?
- bilbo0s 13y agoJust playing Devil's Advocate... but I wouldn't. Those transfers to the exchanges from the banks are currently one of the few reliable monitors of this activity. So I would first put the tech in place to monitor the bitcoin network... then I would say that you can't use banks to get to the exchanges anymore. (Monitoring blockchain changes on that scale is non trivial). Anyway, if I was serious about impeding bitcoin usage... that would be the order I'd do things in.