OK wait, can some kind patient person please explain how you can be protected from fraud by not being allowed to buy crypto?

I've seen a few articles today where banks in the UK and Australia are blocking crypto purchases "for your safety"...

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We’re going to block buying fiat with crypto for your real safety.

I’ve seen them too, it’s all just part of the fiat game show.

Not really sure even where to begin to answer your question though.

Crypto is a scam anyways, maybe the banks are starting to realize this?? Idk.

I remember back in the day before all this oversight when the crypto space was really exciting, there were all these ideas and innovation.

Sure you could get scammed so you needed to have your wits about you and keep a sharp eye.

Yes, there’s not much talk about crypto innovation anymore. I think people are just relating it all to being a scam, which it is.

I believe Jeff Booth talks about this, and how once people realize it is just a scam, they’ll start looking towards BTC instead.

Maybe the banks are learning crypto is just that…a scam, and are preparing for BTC??

Time will tell, and BTC will reveal everything about money as we know it.

Little off topic I know 🤪

I enjoy these conversations, nostr is made up of people who think (my experience of it that is).

I think I enjoyed the innovative thoughts and ideas that came along with it in the early days, I liked that the world was thinking. Then something happened and people stopped thinking.

Anyway, back in my box 😂

They don’t want people forsaking debt. If the plebs get rich, no need to be a debt slave 😃

They didn’t stop Americans from banking with Bank of America and Wells Fargo after they were caught defrauding us.

Yes they hate competition really

The lines are blurry there 😀💜