It's been roughly eight days since the LUNO's last update and its been 6 days into the new year with over 4 working days and yet still no withdrawals and deposits. It seems that even with Bank Negara Malaysia releasing their regulations and procedures, bank authorities are still not clearing LUNO, this leaves much to be desired in the world of banking and a whole lot of other questions.
If this isn't enough proof that the old way of handling money is about to be as extinct as using actual gold for transactions. The banking system needs to reach to a point that it is running 24/7 without interruption, if not all those banking fees and interests they charge would be going to waste, especially since centralized companies like Paypal offer uninterrupted services. Moving to cryptocurrencies will only eliminate jobs that are useless.
The Go Theory is certain that Luno is really trying to get a handle on their deal with Maybank and the government but the Go Theory has been notified that another way to get Bitcoin at this current time is to use Remitano, though users will actually have to pay into the sellers local bank account before they will send it to you through Remitano's wallet. There is a rating system, so users may decide on which dealer is thrust worthy.
The Go Theory advice is to pick up some Bitcoin while you can as there have been rumours of big companies trying to get their Bitcoin and will be pumping into it. Though the recession is due to hit likely this year due to the 10 year cycle, we could likely see cryptocurrencies and altcoins take a rise as more and more people lose faith in the fiat system as it declines every recession. Stay strong and dont FUD out.
Steemers keep on Steeming and powering up.
Never FUD out, don't be afraid,
together we can take a stand,
they will take our hands,
and we'll let them know,
HODLer, you're not alone in this stand.
