4 ms·

Dollar is STILL the king of criminal activity, money laundering, kidnapping, ransom ... it will take awhile for the shift to happen.

• corty 6y ago
  I didn't say all criminal activity is done via bitcoin. But there are segments of crime like cryptotrojans and CP trading that seem to be almost exclusively bitcoin-based. Others, like internet drug ordering, are at least partially in bitcoin. Edit: replaced "any" with "all" in the first sentence
  • sunshinerag 6y ago
    yeah, agreed some new type of activities were using bitcoin... but after some of these gangs were busted they seem to be switching to monero... Its very risky to buy with bitcoin if you are in a jurisdiction that makes drugs illegal. I think still cash is king in those places.
• aidenn0 6y ago
  I thought the Euro was taking over thanks to the 500EU note?
  • njarboe 6y ago
    They are not printing any more 500EU notes, but they do remain legal tender for now. They might start being worth more than 500EU over time. Seems like a good note to keep your cash savings in if you live in Europe.
    • aidenn0 6y ago
      Decline of cash is really a shame. When the $100 was introduced it was worth about $2k in today's dollars, and in my lifetime even it was worth almost $300
      • njarboe 6y ago
        Yea. When buying a used car it is a pain to count out all those $100 bills. $500, at least, would be nice.