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Bitcoin has nothing to do with all these scams like NFTs and "internet computers" like Ethereum, which are pushed by tech gurus, influencers and marketers. It's
by Geee 5y ago
Bitcoin has nothing to do with all these scams like NFTs and "internet computers" like Ethereum, which are pushed by tech gurus, influencers and marketers. It's time to stop conflating these under the same umbrella. Bitcoiners are not the same people who push these useless things.
- DanHulton 5y agoAbsolutely correct. Bitcoin isn't the domain of NFT grifters, it's the domain of ransomware hostage-takers. We need to be accurate when discussing the various scams proposed.
- Geee 5y agoThat's not even remotely true.
- SwimSwimHungry 5y agoWhat do you mean? Of course it is. How else has ransomware been able to thrive as of late? The sooner governments abolish fiat to cryptocurrency exchanges and make such transactions illegal, the sooner this clown car of sadness will come to an end. As much as I'm not a fan of China and the CCP, they are making some good moves in this department recently to eliminate unneeded capital flight. The US should follow in their steps here.
- Geee 5y agoIt happens, but it isn't "the domain" like he meant. There are hundreds of millions Bitcoin users already, and the vast majority of them are not criminals. According to Chainalysis, only 0.34% of total transaction value was criminal in 2020.[0] [0] https://blog.chainalysis.com/reports/2021-crypto-crime-report-intro-ransomware-scams-darknet-markets https://blog.chainalysis.com/reports/2021-crypto-crime-repor...