Coinbase FUD was caused by Visa looking for a money grab

in #bitcoin6 years ago (edited)

After a massive FUD caused by coinbase charging users for past transactions, sometimes charging even up to 50 times the initial charge.

This contributed to the ongoing FUD caused by banks deciding to stop allowing credit cards to buy Crypto

In reality the problem was caused by Visa changing it's policy to make all crypto buys as cash advances thus enabling them to charge bigger fees and get a bigger piece of the crypto market

The best part of all of this? Crytpo FUD was caused by a centralized FIAT money grab, which just shows who is the superior system.

The next time someone asks you why we need descentralization? show them what a company looking for a quick money grab can cause

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