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> There are exchanges to buy gift cards or Amazon credits with Bitcoin which you can use in real life to buy food. Which I’m sure are totally legit and not at
by spookthesunset 7y ago
> There are exchanges to buy gift cards or Amazon credits with Bitcoin which you can use in real life to buy food.
Which I’m sure are totally legit and not at all primarily used to launder money.
- AshwinDurairaj 7y agoI'm sure other forms of exchange, for example, USD to GC, can still be used to launder money. This is not exclusive to cryptocurrency as you would imply.
- chabes 7y agoWhy so quick to assume? Maybe you’ve never heard of Fold app or Bitrefill. Some of us are actually trying to build a circular bitcoin economy. These companies not only offer onramps and offramps to the ecosystem, but they actively fund and incentivize building. Yes, they make a profit too.
- paulddraper 7y agoConsidering Bitcoin's chief feature is skirting legal authorities for money transfers, that wouldn't surprise me.
- zelly 7y agoFeature, not a bug