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Most drug and gambling providers engage in criminal activity (beyond the mere violation of drug and gambling regulation) to maintain their market. If you pay s
by skywhopper 9y ago
Most drug and gambling providers engage in criminal activity (beyond the mere violation of drug and gambling regulation) to maintain their market.
If you pay someone in Bitcoin, and they spend that Bitcoin on something else, and none of those transactions are properly reported for their income or capital gains implications, that's tax evasion. Bitcoin facilitates it because it doesn't have the built-in processes for handling large-scale monetary transfers that the traditional banking system does.
"Capital flight" presumably means hiding ill-gotten money by using Bitcoin to transport it across borders. A better term might be "money laundering".
So, sure sharing secrets is not vice, but the rest are or contribute to it. The point is that most of the value of Bitcoin is wrapped up in vice.