Hello Guys ,
hope so every one not fine cause bitcoin drop 8K in 3 days it's sad for all ,
Bitcoin Prices Again Below $8K
Ever since Wall Street Guru spoke against bitcoin a couple of weeks ago, the market went down. All I could see while watching that interview was the fear of losing control.
The transference of wealth is here and there’s really nothing anyone can do except pay attention and prepare for the transfer. Sad shame that people want to control the potential of others.
The main reason is
Lloyds Bank bans Bitcoin purchases on its credit cards
Blockchain technology has the potential to revolutionise society in as big a way as the internet has done, perhaps, like the internet, for both good and ill.
And Bitcoin and the other cryptocurrencies that this technology has enabled, have the power to revolutionise global economics and business as well as our own personal financial dealings.
But this new democratisation of money threatens the power of the big banks and financial institutions in a way that nothing has done before.
So what do they do?
They ban it. Using the excuse that buying crypto-currencies might get people into debt, they simply choose to abuse the rights of their customers by telling them what they are allowed to buy with their credit cards.
So, all of a sudden a bank is concerned about someone getting into debt?
It beggars belief. But it also shows how nervous banks are about the potential loss of their power and influence. I'm sure there will be other such bans in the future. They should be challenged and resisted.
