Most cryptocurrency companies struggle to get a bank account. This is mainly due to inadequate anti-money laundering procedures and the banks’ fear of being fined. At least, that’s what these centralized institutions with coffers stuffed full of dirty money want you to believe. In reality, they’re out of their depth and scrambling to stay relevant.
Banks Suppress Cryptocurrency Because They Fear It
In June 2016, the British public lost its mind. Driven by an ageing population of right-wing voters clinging to the memory of the “Great” Britain of the colonial years–and voter abstention on behalf of the youth.
Then, just a few months later, the U.S. followed suit and voted a misogynistic reality TV star into the White House.
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What follows only goes to show the danger of having elderly, out of touch rulers at the helm of society.
Experience is valuable and I’m not trying to come across as ageist. But, it is a fact that most of us become resistant to new things as we get older. Now we’re overrun by a bunch of white-haired old men at odds with technology because they fear it.
Why Do We Fight Change As We Get Older?
It’s not just the Tory backbenchers and upper-middle-class Britons who are losing their grip on society. Warren Buffett’s been making the headlines a lot lately for his absurd commentary on Bitcoin. It makes me recall the words of one wise lady I knew long passed.