Quote:
Originally Posted by crucifissio
they dont give a shit at first...but soon visa and mastercard mark them as high risk...then their bank account gets frozen because of numerous complaints...then they get raided by the police like most exchangers got...this all happened before this is not my speculation...
when customers complain they are not always honest...they will blame the person they gave the money to=the exchanger and not themselves for investing in a 30% per hour ponzi...laws practically everywhere have KYC as mandatory...the exchanger can get in serious legal trouble...
evocash got shut down because of freelandops...its that simple...funds got frozen and exchangers closed game over...neither evocash nor the exchangers were to blame for the actions of freelandops but they got shut down never the less...
you need to see the bigger picture...
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Noone uses credit cards to buy Bitcoins anymore anyways the risk of chargeback too high. People still use paypal but only on an OTC trust and rating situation.
Like I said, miners are the ones that create bitcoins. They are really the exchangers here. Bitcoin will have millions of points of exchange instead of a few that can just be shut down. Thats how bitcoin was designed.