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He's not entirely correct. Crime is a major application but by far the largest use case for crypto is "investing" (gambling) in crypto.
by api 3y ago
He's not entirely correct. Crime is a major application but by far the largest use case for crypto is "investing" (gambling) in crypto.
- dismalpedigree 3y agoLike being famous for being famous!
- uLogMicheal 3y agoThe number one facilitator of crime/gambling is USD, might want to check your facts.
- HDThoreaun 3y agonon-sequitor. The question is what bitcoins use is, not how crimes are most often facilitated.
- misnome 3y agoOn the topic of checking facts, is gambling/crime the number one use of USD, which is the equivalent statement?
- vore 3y agoYou are intentionally reversing the direction of the claim to be disingenuous here. By your logic, the number one facilitator of crime/gambling is also breathing air and drinking water, might want to check your facts.
- vaxintar 3y agoFor some people crypto is the only way to keep their wealth away from the hands of faulty and corrupt governments.
- tyre 3y agoGiven that almost all of that is violates securities laws, this still fits.
- Semaphor 3y agoI don’t know, I’m relatively certain securities laws do not affect me.
- uLogMicheal 3y agoUS securities law effects all US citizens. In current state, they act as a moat for the most profitable investments in society. People claim that securities laws are there to prevent grandmas from getting scammed, but grandmas (and many others) still get scammed on the daily. I would rather them lose $5,000 from investing into a high profit potential startup that could 1000x, instead of a call center in a distant country. US securities laws are geared to give the privileged private knowledge and prevent the poor from getting wealthy in their current state.
- Semaphor 3y ago> all US citizens Yes.