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It's really not clear that crypto is disproportionately used for criminal activity, in fact there's evidence it might be less commonly used for criminal activit
by X6S1x6Okd1st 5y ago
It's really not clear that crypto is disproportionately used for criminal activity, in fact there's evidence it might be less commonly used for criminal activity
https://www.forbes.com/sites/haileylennon/2021/01/19/the-false-narrative-of-bitcoins-role-in-illicit-activity/?sh=73d08a303432 https://www.forbes.com/sites/haileylennon/2021/01/19/the-fal...
- debrice 5y agoIn proportion, I can’t see 2% of the transactions being done for goods and services (since I can’t think of a place accepting crypto for payment)
- maybe_pablo 5y agoOn the contrary, nowadays you can buy several types of gift cards with crypto[0]. [0] https://www.bitrefill.com/buy/usa https://www.bitrefill.com/buy/usa
- dkersten 5y agoBinance, wirex, crypto.com and others offer credit cards backed by cryptocurrency balances. Sure, technically, they sell the crypto for fiat as you use it, but to the user it’s the same as spending the cryptocurrency directly. And there are at least some online businesses that accept crypto, certainly security focused services like Mulvad and ProtonMail but I’ve occasionally seen it for other SaaS products too, although not too often.