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RE: My Credit Card Company has Declared War on Cryptos
I think cashback are the biggest scam out there. Does anyone even consider where the money for these cashback schemes comes form? I'll tell you: from the obscene, usurious interest rates the Banks charge the working poor.
The war on crypto is just getting started. You watch what happens once the stocks market bubble pops and everyone starts abandoning traditional markets for cryptos. That's when the real war will begin!
I've been waiting for the stock market to come down out of the stratosphere for a few years now honestly. Who knows how much longer it can go on and you make a valid point. That could cause a massive rally in cryptos and precious metals (kind of like the 2008-09 financial crisis did for PM's at the time with gold hitting around $1900 and silver over $40 oz).