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Buying drugs, laundering money, ransomware, there are literally dozens. Oh, did you want legal ones?
by patmcc 4y ago
Buying drugs, laundering money, ransomware, there are literally dozens.
Oh, did you want legal ones?
- bogota 4y agoYep that is it. It’s certainly not massively easier to do cross country transactions with it and much cheaper… Its massively telling how much this and other forums completely neglect that a world outside the west exists.
- WFHRenaissance 4y agoShouts out to bogota
- tluyben2 4y agoPeople buy illegal prescription drugs with their credit cards. Almost no one uses crypto.
- latchkey 4y agoNah, USD is still king there.
- tristanMatthias 4y agoThis. All Fait. All one has to do is look into the history…
- WFHRenaissance 4y agoSee reply
- DeRock 4y agoMore specifically, it is > Buying drugs, laundering money, ransomware over the internet. And I’m only being slightly facetious, these are serious industries. Bringing the coordination and scale of the internet to these activities is big business.
- WFHRenaissance 4y agoYeah a lot of weird morality policing— these are massive industries being served by the crypto space rn
- beebmam 4y agoSuper weird reading comments like this, when you're saying that being opposed to these industries is "morality policing": - illegal drug trafficking/sales - sex trafficking - immigration trafficking - child sexual abuse material sales - contract killing If being opposed to these industries makes me into the "morality police", then I think you're delusional. You could make the same argument for any crime; that all laws are "morality policing". These industries destroy an enormous number of lives and we should be crushing the people who profit from them.
- gingkoguy 4y agoAbsolutely! These are also industries. Maybe our morals are not aligned with it but it is one of the biggest industry.
- razemio 4y agoYou would be really stupid to buy anything illegal with Bitcoin or any other non anonymous crypto. Cash / Fiat is king there.
- dang 4y agoPlease don't be snarky on HN or take threads into predictable flamewars. There are ways to make substantive points about this topic, but this way just leads to yet another tedious conflagration. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html