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I can parallel that for you: Cash is a magnet for fraud Banks were just recently outed for laundering 800x more cash for drug cartels than Bitcoin or any crypt
by BTCOG 6y ago
I can parallel that for you:
Cash is a magnet for fraud
Banks were just recently outed for laundering 800x more cash for drug cartels than Bitcoin or any cryptocurrency system has ever done.
- edm0nd 6y agoAnd HSBC and JPMorgan got nothing but fined and slaps on the wrist. Is it really even a punishment if you made more than the fine imposed?
- cma 6y agoNow re-do it as a percentage of cash activity and as a percentage of bitcoin activity.
- warkdarrior 6y agoSo your argument is that it is OK to promote and launch cryptocurrencies when we know that they are huge avenues for fraud, because banks also do it. Race to the bottom, here we come!