Wells Fargo Bans Credit Card Cryptocurrency Purchases (2024)

Nick Chong

1. CryptoScarface says:

   6 years ago

   Wells Fargo shouldn’t be talking with their own fraudulent scheme operations they running…lol

   Reply

   • Steven Flaherty says:

     6 years ago

     lol exactly, its these very guys that got me to finally go 100% into crypto and turn my back completely on fiat lol. So if I can survive 2 straight years without em, sure these users can figure it out without them too

     Reply

     See Also

     Debit Card Alerts – Wells FargoMajor US banks hostile toward Bitcoin, accounts at risk of closure, cryptocurrency businesses prohibited

2. Steven Flaherty says:

   6 years ago

   Wonder when these guys will realize that we all kind of have the right to spend our own money on what we want. I am not sure where this steps within some constitutional rights going on around the globe but if I want to buy Crypto with my own money, be damned if I would stick by a company trying to stop me from utilizing my funds on my own terms.

   These systems doing these kind of moves on people, its clearly not customer protection, its to drive down market values, scare people from opposing systems and in the end the individual is actually losing their rights of ownership on their own finances. This is why crypto is here, stop these idiots

   Reply

   • Jt says:

     6 years ago

     While you certainly can spend YOUR money on crypto purchases, this is specifically not allowing people to use credit (i.e. the BANK’S money) out of fear they’ll default on their card after they lose in the market

     Now should any bank start prohibit crypto purchases with debit cards or ach checking withdrawals, then yes I’ll agree that’s a step too far

     Reply

3. Jim Kelly says:

   6 years ago

   Too many people are trying to buy crypto on credit. That is a bad sign for sure. Prices will continue to erode as 2 rising wedge formations have been breached. Lower prices ahead. Word to the wise.

   Reply

1. CryptoScarface says:

   6 years ago

   Wells Fargo shouldn’t be talking with their own fraudulent scheme operations they running…lol

   Reply

   • Steven Flaherty says:

     6 years ago

     lol exactly, its these very guys that got me to finally go 100% into crypto and turn my back completely on fiat lol. So if I can survive 2 straight years without em, sure these users can figure it out without them too

     Reply

2. Steven Flaherty says:

   6 years ago

   Wonder when these guys will realize that we all kind of have the right to spend our own money on what we want. I am not sure where this steps within some constitutional rights going on around the globe but if I want to buy Crypto with my own money, be damned if I would stick by a company trying to stop me from utilizing my funds on my own terms.

   These systems doing these kind of moves on people, its clearly not customer protection, its to drive down market values, scare people from opposing systems and in the end the individual is actually losing their rights of ownership on their own finances. This is why crypto is here, stop these idiots

   Reply

   • Jt says:

     6 years ago

     While you certainly can spend YOUR money on crypto purchases, this is specifically not allowing people to use credit (i.e. the BANK’S money) out of fear they’ll default on their card after they lose in the market

     Now should any bank start prohibit crypto purchases with debit cards or ach checking withdrawals, then yes I’ll agree that’s a step too far

     Reply

3. Jim Kelly says:

   6 years ago

   Too many people are trying to buy crypto on credit. That is a bad sign for sure. Prices will continue to erode as 2 rising wedge formations have been breached. Lower prices ahead. Word to the wise.

   Reply