The Cryptocurrency end is near!

Sound the alarms fellow steemians!

Recently, some users have tried to send funds from a Portuguese Bank to Coinbase, and we were presented with the following message:

The intended transfer is destined to Coinbase UK in Estonia, which is an entity that deals with digital currency and is not regulated in Portugal.
As such, the bank is not authorized to make transfers to that IBAN.

Well, well... The Banks are quite a bit afraid of cryptos aren't they?

Why can we not transfer our own money into what we wish?

They sure don't stop us from paying our taxes.

Oh come on guys, that's no biggie, you still got TenX or Bitwala or Xapo to withdraw money!

We would, if Visa wasn't being severely pressured into cutting out those handy tools.

A couple of days later from the bank incident, we had these notices via e-mail:

So our banks don't let us transfer money directly into Coinbase, and two of our sources of crypto to fiat withdrawl were cut off.

And thus, a couple of our portuguese fellows are worried quite a bit.

And as we explained in one of our first posts - we saw this coming.

You see, change is always met with resistance.

Real accomplishments, deep change is achieved not by panicking but by fighting back.

Imagine a Tug-of-War between us that wish cryptocurrency and blockchain technology into real-use cases and financial institutions and governments that see to keep things they way they are.

Now don't get us wrong, we are not saying that they are some sort of evil dungeon master and intend to keep us chained-up - But they seem to be contorting quite a bit with the idea of having "digital coins" being spent in the real world.

So TenX, Bitwala and Xapo have been disabled because of Visa, and some portuguese banks are cutting off the easy access to cryptocurrency - possibly in hopes that cryptocurrency dies off a bit.

But we at Primus Investing know different. This is just the beggining and not the end.

While access is becoming more difficult, people are now aware of cryptocurrency, of blockchain and smart contracts and of the new possibilities that they entail - and people will fight for what they believe in.

Cryptocurrency isn't going to just up and vanish.

It is on it's way to everyday use as we speak - and if you wish to help it grow, spread the word, keep supporting projects you believe in and keep fighting during these hard times.

If nothing else, let us reach 2020 and see if John McAffee's prophecy is true - lest he miss one very necessary body part.