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If this were true then cryptocurrency would not replace regular currency for drugs, assassinations, and dark market activities generally. I believe KYC, bankin
by ALittleLight 4y ago
If this were true then cryptocurrency would not replace regular currency for drugs, assassinations, and dark market activities generally.
I believe KYC, banking regulations, and traceability all reduce the utility of conventional money for bad things. You can't easily transfer large amounts of money without leaving a trail that investigators may find in the conventional system. Bitcoin solves this!
- ziddoap 4y agoWhat do you mean "If this were true [...]" ? How do you think crimes were paid for before BTC? On a related note, my dealer takes cash and even accepts electronic transfers, but not BTC.