RE: As Cryptocurrencies Grow More Popular, IRS Attacks Bitcoin Exchange
This is why I gave up making my bitcoin exchange in Denmark (Bitcoin Denmark IVS), which I worked on for years.
The bank, Nordea, also refused to open a business account for my company.
Localbitcoins, is a service that is working without a bank involved. There are others like that, and new decentralized exchanges. So in the end we dont need the banks to exchange bitcoin for cash. On the other side, they are trying to ban cash, so yes its a fight between the old system and the new system.
They cannot stop the blockchain, but they can try to make life missirable for people that use the blockchain. So yes there is a war between the old and the new. That is why we need somekind of support services for people that are victims of this war.
Steem on!
Lasse Ehlers