2 ms·
There's a huge difference between physically transporting a large amount of cash and disposing of it usefully without being detected versus electronically movi
by MattPalmer1086 3y ago
There's a huge difference between physically transporting a large amount of cash and disposing of it usefully without being detected versus electronically moving it around the world and exchanging it for fiat currency entirely anonymously.
Here's a clue: one of those is hard to do and massively increases your risk of being caught, and the other actually enables further criminal activity which would not otherwise be easily possible.
So no, not just like USD.
- matheusmoreira 3y agoAnd yet every criminal out there seems to be using USD. Funny how that works. Maybe we should ban USD too.
- MattPalmer1086 3y agoWell, if you want to actually spend your ill gotten gains, you pretty much need it in fiat currency. I don't see the point you are making.
- matheusmoreira 3y agoThe original purpose of cryptocurrency was to replace fiat by getting everyone to use it for their transactions. People would be pricing things in bitcoin or monero instead of USD.
- MattPalmer1086 3y agoWell, yeah, that was the original idea. Didn't work out like that though.
- matheusmoreira 3y agoYes. That's the point. The fact it didn't work out like that, and turned into stonks line go up instead, is the tragedy of cryptocurrency.