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Topic: Coinbase: Major banks blocking Credit Card purchases of digital currencies - page 2. (Read 218 times)

full member
Activity: 266
Merit: 100
People shouldn't be buying crypto with credit anyways. Never invest money you can't afford to lose. And ABSOLUTEL NEVER take out a line of credit on crypto.

People racking up credit card debt buying cryptos are morons ... it's as simple as that.

If anything, smart investors who were perhaps paying for crypto with credit cards and then paying off their credit card that same week/month are going to lose out on some miles/points/cash back -- but they will survive.
newbie
Activity: 26
Merit: 1
Per their tweet yesterday, the following banks are now blocking the purchase of digital currencies with their branded credit cards.

Chase
Bank of America
Citi
Capital One

How do you see this affecting the market?
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