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I'm skeptical of crypto but the strongest case certainly seems to be for funding illegal activities and capital flight. If you had to flee your country gold/si
by meowfly 6y ago
I'm skeptical of crypto but the strongest case certainly seems to be for funding illegal activities and capital flight.
If you had to flee your country gold/silver will be far more trouble than BTC.
- capableweb 6y ago> strongest case certainly seems to be for funding illegal activities and capital flight A currency with built-in functionality to track everything, forever and making that data public seems to be good for funding illegal activities? I would like to think just cash in various currencies would be the best for that. Washing cash is not exactly a new thing and sometimes boring technology is best.
- mannerheim 6y agoThere are cryptocurrencies with anonymity features (e.g., Monero, Zcash), but I recall reading that users often leak information.
- meowfly 6y agoI should have said "engage in illegal activities" to be more precise. If I wanted to, right now, buy drugs online, engage in illegal online gambling, ransom someone's data, etc it will most likely be done in BTC or maybe Monero.