18 Apr '13, 4am

There is no term but "fucking idiot" for this article: BitCoin shuts down trading indefinitely

It makes perfect sense. Worldwide adoption of Bitcoin would eliminate most of the functions and costs of banks. No more giving bankers 3-5% of every transaction! So banks fear and hate Bitcoin and will do anything, legal or not, to stop it from growing. This bank decided to close the bank account of one Bitcoin exchange, making it slightly harder for people to convert fiat to Bitcoin. Same thing happened to another exchange in Poland a few days ago. Coincidence? Maybe. Or possibly part of a coordinated assault against the Bitcoin infrastructure. The rich don't like it when you tell them they might have to start working to stay rich!

Full article: http://www.news.com.au/technology/biztech/bitcoin-exchang...

Tweets

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