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When it comes to laundering money and ponzi scheming cryptocurrency is second to none in terms of cost, risk & speed. Edit: Strugglinng to type on my phone.
by elliekelly 8y ago
When it comes to laundering money and ponzi scheming cryptocurrency is second to none in terms of cost, risk & speed.
Edit: Strugglinng to type on my phone.
- QuackingJimbo 8y agoYou got me there. I am in the 99th percentile of crypto bears but I myself have used Bitcoin very effectively to buy illegal drugs, buy illegal steroids, and bet on sports illegally. Bitcoin is truly second to none in these domains.
- 3mtj20 8y agoIf you're doing those things because you think your transactions are anonymous...you're putting yourself at risk. Bitcoin is not private, like at all.
- seibelj 8y agoYou are 100% wrong! Traditional banks have order of magnitude more fraud than crypto, and the nature of blockchain makes it extremely easy for analysts to trace money laundering with little effort. Google “chainalysis”