Rothschild Owned Banks Ban ALL Bitcoin Purchases In US And UK
Ban has caused massive plunge in cryptocurrencies
Transactions with Bitcoin and other cryptocurrencies been completely banned by Rothschild owned banks and 8 million credit card users both in the UK and the US as the global elites fight back.
A spokeswoman for Lloyds Bank in the UK said: “Across Lloyds Bank, Bank of Scotland, Halifax and MBNA, we do not accept credit card transactions involving the purchase of cryptocurrencies,” adding the decision was made to "protect customers."
The ban was implemented over the weekend by American banks JP Morgan Chase, Bank of America and Citigroup, which has, in turn, caused a massive plunge in Bitcoin value causing bitcoin users t "panic sell" their remaining coins.
Lloyds bank said that credit card owners that by cryptocurrencies in the hopes of a "profit" and getting out of poverty, would have to repay the debt if the price falls.
British Prime Minister Theresa May vowed to regulate cryptocurrencies because of the supposedly "widespread use" by criminals.
According to CBS news: Bitcoin fell below $8,000 for the third time in four days on Monday amid a broader sell-off in cryptocurrencies that has seen over $60 billion of valued erased from the market in 24 hours.
The price of bitcoin traded as low as $7,598.20 on Monday and sat below the $8,000 mark for most of the morning's trade, according to CoinDesk. It's the lowest price for bitcoin since November 18. CoinDesk's bitcoin price index tracks prices from digital currency exchanges Bitstamp, Coinbase, itBit, and Bitfinex.
Rothschild and the US Federal Reserve are reportedly attempting to destroy Bitcoin and other cryptocurrencies, according to top investors.
Portfolio manager Steve Chiavarone has warned that banks and the Fed Reserve will try to shut down Bitcoin because it will not be part of US monetary policy.Chiavarone says that the top banks such as JP Morgan will want to crack down on Bitcoin, but take advantage of the blockchain technology behind the cryptocurrency.
At the beginning of the year, the Egyptian Grand Mufti issued an official fatwa that bans the buying and selling of Bitcoin because "it's similar to gambling" which is forbidden in in Islam.
Independently-controlled cryptocurrencies represent an existential threat to the current debt-based central banking system and the elite has a rapidly increasing incentive to bring about the demise of Bitcoin and other emerging cryptocurrencies.
For the first time in history, people of the world have the potential to have full control over their own decentralized currency.