2 ms·
> It's time to eradicate bitcoin. The real problem is the Bitcoin <-> Fiat exchange. Eradicate the exchanges, that will return Bitcoin to its roots, where it w
by ASalazarMX 5y ago
> It's time to eradicate bitcoin.
The real problem is the Bitcoin <-> Fiat exchange. Eradicate the exchanges, that will return Bitcoin to its roots, where it was supposed to replace cash, not transfer it. You want Bitcoin? You don't buy them with USDs, but provide some product/service and accept Bitcoin as payment.
Yes, criminals will get increasingly creative, starting a game of cat and mouse, but in the end it will be too much effort compared to traditional cash bags and money laundering.
Bonus: the value of BitCoin would be unlinked from the value of USD, it would become a parallel economy.