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> I highly doubt they wouldn't have found another way to purchase a car, though There was no cash. ATMs we’re dry. > boon cryptocurrencies have been to crimin
by schappim 5y ago
> I highly doubt they wouldn't have found another way to purchase a car, though
There was no cash. ATMs we’re dry.
> boon cryptocurrencies have been to criminals and con artists
It is probably overstated.
Orders of magnitude more criminal activity would be going through cash and even orgs that are meant to KYC, such as Western Union or even iTunes gift certificates. How many grannies are sending crypto vs providing logins to their bank accounts?
I’m not a crypto-apologist, I just haven’t heard any solid arguments against it that can’t also be said about cash or the traditional banking system.
- fnomnom 5y ago> There was no cash. ATMs we’re dry. paypal, venmo, cashapp etc would have worked the same. for all of them and for crypto you need to be in the ecosystem (need wallets, accounts, apps etc) and internet access.
- schappim 5y agoAll very US centric apps (with the exception of Paypal), but PayPal would gouge them on fees. I guess what I want to get across is I’m not evangelising crypto, I just don’t necessarily want the space to die. I want them to keep iterating on the concept and see what other benefits can be generated.
- deleted 5y ago[deleted]