Coinbase says no to new credit card sign ups

Coinbase says no to new credit card attempts. They have shut down all new purchases along with JP Morgan, Citi Bank, Bank of America and Discover. All people who have already linked their card will be grandfathered in. What are your thoughts on this affecting the coins on the platform and cryptocurrency as a whole?

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it is a step backward for them. it opens the doors for competitors and i am okay with that.

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