Why No Crypto With Credit?

Monkey Flower Radio - With Ben West

Big US credit card companies have decided they won't let us buy cryptocurrency like Bitcoin using credit cards. Why? They say it's about avoiding the risks related to investing in these assets yet they don't care if you spend your cash on all kinds of products with no financial return. So why this paternalistic stance now? What do they have to lose? --- Send in a voice message: https://podcasters.spotify.com/pod/show/ben-west/message