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Exactly. It’s like the folks who say these things don’t understand they are defending criminal activity. Now, one can argue things like the sale of “illegal dru
by godzillabrennus 4y ago
Exactly. It’s like the folks who say these things don’t understand they are defending criminal activity. Now, one can argue things like the sale of “illegal drugs” shouldn’t be illegal in the first place, but that’s an advocacy issue not solved by decentralized payments. All you do with decentralized payments is make it exponentially more efficient to engage profitably in illegal activity. Not exactly ideal given much of what constitutes illegal activity is well deserved to be outlawed (sex trafficking, murder for hire, etc…)
- ThatPlayer 4y agoHow about decriminalized drugs? There's also still on-going issues with getting bank accounts if you're handling decriminalized drugs like marijuana. There was even an attempt to pass a law that specifically for this in the United States (SAFE Banking Act) that is faltering. Without a bank account, it's near impossible to accept credit card or any other alternative. You can pretty much only accept cash. And since you can't just deposit it into a bank account, retail has to pay growers (and employees and withhold taxes) in cash, and they have to find agricultural equipment suppliers who will accept cash. And in my experience, even they can get their bank accounts shutdown just for being in an adjacent industry and handling too much cash.
- brutusborn 4y agoI’m not defending criminal activity. I’m being a realist and recognising it exists, and thus there is a logical reason for the existence of crypto. It’s all well and good to say the solution is to not break laws, but that is not how the world works. It’s like saying the solution to lung cancer is for people to stop smoking, it’s absurd.