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RE: Chase Bank To Allow Credit Cards For Gambling And Horse Racing Just After Banning Crypto Purchases

in #money8 years ago

Personally, I think crypto and gambling should be treated the same way and it does seem absurd banning one and then simultaneously allowing another. You can't use a credit card at a casino so I don't know why it should be different if you're doing it online. You also can't use a credit card to buy stocks, so I agree with the decision to limit crypto purchases to debit or cash advance equivalent. It definitely limits some of the money that can get into crypto in the short term but is probably not a bad thing long term. Resteemed.

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