Big banks should prohibit the purchase of cake, ice cream, candy, sugary sodas, guns, and donations to Donald Trump.
They should also prohibit the purchase of theatre tickets to movies and events they don’t like.
Of course, they should allow purchases of abortions and abortifacients that are not covered by Medicaid or insurance.
Yeah, I like your idea. The banks should make decisions for everybody! Then life will have its BLISS!
The big problem they’re seeing is that you can use this to make a big scam. Cryptocurrencies aren’t listed as assets. So you could buy a whole bunch on credit, declare bankruptcy, the credit card company gets little if anything, then when all the paperwork is cleared you cash out your crypto, you win, banks lose. I wouldn’t be surprised if they’ve already seen some folks doing it.