Bitcoin And . . . cover image

The Storm Never Abates Ep668

Bitcoin And . . .

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The UK Treasury Is Blocking Cryptocurrency in the UK

Bank CEOs in the UK are blocking customers' access to cryptocurrencies due to concerns over fraud and volatility. The frictionless nature of digital money is seemingly seen as a potential risk to the stability of the traditional banking system. All of these events indicate the capacity for the government of the United Kingdom with the help of major companies to lock their citizens into financial obedience. I suspect Canada will be next to fall if this goes through.

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