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RE: Miner Capitulation - Time to Panic About Bitcoin Price?

in Threespeak7 years ago

I have a UK bank account which I've used in past to buy crypto. I'm now having trouble because it appears I have to do KYC for my wife as well as me because her name is joint on the account!

It's getting far harder to legitimately buy at reputable retail outlets. I can't even send money right now to Coinbase when they've taken and used my cash from this bank account before and I'm not talking big amounts, sub $1000.

When I see this kind of stuff (and I'm a relative newbie and nearly all my crypto is what I've earned here on Steem) I despair at the idea that this can be opened up to a wider audience.

As to the price.. who knows but I did have the good fortune of hearing a presentation the night before last from one of Israel's top Quantum Computing professors and going by what I now understood from him, we are many many years away from that threat materialising, that's for sure so Bitcoin isn't in immediate danger from that.

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