Last week the world saw the ugly part of traditional banking, with Turkey suddenly freezing millions of accounts and Hong Kong ATMs being out of cash. Incidents like these encourage people from all social strata to consider safer stores of value (SOVs), with Bitcoin being the first reasonable option. Turkey Freezes More Than 3M Bank Accounts On Thursday, local media outlet Sözcü Gazetesi reported that hundreds of thousands of Turkish citizens received an electronic foreclosureRead MoreThe post The Ugly Side of Traditional Banking appeared first on Bitcoinist.com.
