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At least if the are fake they can't be used for drugs and terrorism. Otherwise it wouldn't be fake :) You're contradicting yourself many times in this thread.

• colesantiago 5y ago
  Wrong. I explicitly do not call them currencies because they cannot be used as such in the real world. All these tokens are extremely volatile and always used by speculators which makes them useless to be used as a currency. It is fake money that is being cashed out for fiat money on these unregulated token exchanges, not to mention the decentralised ones.
  • dallashoxton 5y ago
    But you just outlined use cases for crypto (illicit activity, etc) in your grandparent post while simultaneously claiming crypto can't be used as a currency. Which is it?
    • colesantiago 5y ago
      Both. As I said, they aren't useful at all in the real world legally, only on unregulated exchanges where only mostly criminals are able to swap their tokens for fiat from their scores of ransomware raids and scams. I would be in favour of regulations needing to kill this part off as Monero and Zcash isn't accepted on most of them. Not to mention you cannot even pay your taxes with these crypto tokens.
      • xiphias2 5y ago
        It's quite easy to be ,,just'' a criminal nowdays. All you need is just be born in a country led by a multibillionaire dictator who wants to nuke the world and want to receive your salary for your hard work from an American company.