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RE: Crypto News: What Are the Banks Up To? No Crypto for Credit What?

in #bitcoin7 years ago

Definitely think it's a horrible idea to use a line of credit for the purchase of crypto but I don't think banks should ban it all together. Maybe allow a percentage of your credit limit to be available for purchasing crypto. I guess they are worried about credit worthiness and individuals defaulting on their bill due to over purchase of bunk coins

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That sounds like a better arrangement for all parties concerned. Let me put you in touch with JP and BOA real quick, please hold. ;)

Lol! Ya, they can learn a lot from us "know-nothings"

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