Beating a dead horse

Shock of the century! (Not.)

In the US, Chase, Bank of America and Citigroup have all banned the use of credit cards for Bitcoin purchases, while in the UK the Lloyds group has done the same. The UK ban, reported by Reuters, applies to Lloyds itself, Bank of Scotland, Halifax and MBNA. […] Bloomberg report that banks have a number of concerns – debt, defaults and the risk of fraud and money-laundering.

Then, further down the page:

Update: Bitcoin has fallen a further 10% in just one day. It is now trading at $7,289 against a peak of almost $20,000

Half the people who read my posts about crypto currency are seething mad at the end of them, and the other half don’t know why I keep harping about it. Sooner than one might think, no one will be harping about it.