Is Using A Credit Card To Buy Bitcoin The Same As Getting A Cash Advance? Chase Says Yes!
GDB Firm Blog
OCTOBER 2, 2019
First, let's get the clutter out of the way. I think cryptocurrencies are useless and have no social utility other than to allow people to gamble without going to a casino, if you call that social utility. For over 5 years, I have been challenging Bitcoin proponents at public forums to give me one useful case, and other than protecting against Venezuelan hyperinflation by parking local currency in a Bitcoin wallet, no one has met my challenge by providing a justification for its existence.
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