For all the talk about bitcoin (and broadly crypto) being easier to buy than ever before, Friday morning, as bitcoin was topping $41,000 per coin, I spent hours trying to make a small $100 purchase.
According to some, the latest rally was initiated by institutional investors looking for a hedge against fiat inflation and the U.S. dollar’s decline in foreign exchange markets, and they seem to be having no problem buying – the price has shot up $20,000 in less than a month.
But if my experience is an example of what other retail investors are dealing with, there’s still plenty of frustration to be had with the crypto markets. And think how much higher the price could be if all these newbie investors could get their hands on some of that sweet, sweet digital gold.
Transaction declined
This maddening adventure into purchasing more bitcoin to hodl started not