BREAKING: The @federalreserve’s blatant attempt to de-bank crypto companies is illegal.
Operation “Choke Point 2.0” is real and illegal.
Discussion
“A recent Fed rule "is the most egregious example of the banking regulators' discriminatory and unlawful efforts to shut crypto out of the banking system," writes Marisa Coppel, policy counsel for the Blockchain Association.”
While it’s convenient easier to build up a decent #Bitcoin position via fiat-based on-ramps, these moves by the establishment highlight the importance of the p2p aspect of decentralisation.
While it’s convenient and easy to build up a decent #Bitcoin position via fiat-based on-ramps, these moves by the establishment highlight the importance of the p2p aspect of decentralisation.