The “It’s used for illegal stuff.” argument by and large is just meant to scare off ordinary people. Crypto currencies actually make it easier to uncover dark

The “It’s used for illegal stuff.” argument by and large is just meant to scare off ordinary people. Crypto currencies actually make it easier to uncover dark or illegal transactions because crypto currency transactions are inherently traceable. After all, traceability is the key feature of any ledger, digital or not. It’s precisely because paper money isn’t traceable that laws against money laundering were created in the first place. There’s a real ethical issue with speculating in crypto currencies though: Just as with gold or fiat currencies these assets don’t create any value.