3 ms·

You forget about drug trade, tax evasion, bypassing currency controls and many other illegal use cases.

• windex 3y ago
  All while assuming it was super private.
• jedimind 3y ago
  Can you provide sources for your claims and make good faith comparisons based on evidence? As I posted below: Crypto doesn't even hold a candle to the criminal activity that's going on in traditional banking. It's a public ledger after all, that's why more and more chain analysis startups are gaining traction and more criminals are brought to justice. "The crypto community must be applauded for its focus on identifying and measuring – and mitigating – illicit crypto activity. And the fiat community has much to learn from the crypto community." - https://antimoneylaundering.wtf/f/financial-crime-estimates- https://antimoneylaundering.wtf/f/financial-crime-estimates-...
  • kozikow 3y ago
    > Can you provide sources for your claims and make good faith comparisons based on evidence? Pick any illegal use case online at random. 99% probability there's an option to pay via bitcoin or other crypto. Pick any legal use case at random. 95% probability online, 99.9% probability offline there's no option to pay in bitcoin. What kind of evidence would you expect to see?
  • mattmaroon 3y ago
    That is true. Criminals thought it was a safe way to pay for things anonymously online but it turned out to be the opposite.