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> Or how Bitpay has stagnated heavily... Bitpay publishes their merchant mix and it's literally all money laundering and crime havens. 45% (!!) Gift Cards. 15%
by arcticbull 5y ago
> Or how Bitpay has stagnated heavily...
Bitpay publishes their merchant mix and it's literally all money laundering and crime havens. 45% (!!) Gift Cards. 15% "Internet." 12.25% "VPN." 9% "Computer games." [1]
That's 81.25% the darkest shadiest industries out there.
[1] https://bitpay.com/stats/ https://bitpay.com/stats/
- notch656a 5y agoThat's utter bullshit. APMEX (precious metals) for instance allows BitPay, and that's actually how I buy bullion from them because it's the fastest way to clear payment without paying credit card fees. All the money I spent was legal income reported on a W-2.
- arcticbull 5y agoPrecious metals is 3.77% of Bitpay volume. Which part exactly is bullshit? I'm quoting their site.
- notch656a 5y ago"it's literally all money laundering and crime havens." Which is my silver coin purchase being used for, money laundering of my legally reported electronics design or is it my criminal enterprise of liking silver?
- arcticbull 5y ago"literally all" in this context was hyperbole, which was then quantified two lines lower down at 81.25%. I think most folks would agree that is substantially all, or hyperbolically "literally all." In the "literally got your back bro" way. [1] [1] https://theoatmeal.com/comics/literally https://theoatmeal.com/comics/literally
- FabHK 5y agoI wonder in which category OnlyFans, Chaturbate, etc. fall? Normally porn is quick with adopting new tech. (or don't they accept crypto?)