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> So transactions are difficult because they are illegal, and blockchain helps to facilitate crime? Let's say I make drinking water illegal, would you still do
by Izikiel43 1y ago
> So transactions are difficult because they are illegal, and blockchain helps to facilitate crime?
Let's say I make drinking water illegal, would you still do it? Sure you would, you need it to live, laws be damned.
In Argentina it was a similar situation, financially speaking, but with USD, as Argentina had like 1000% accumulated inflation since 2019, so basically the ARS melted in your hands, and the USD/Euros/crypto where your only safe havens.
So yes, the government made the transactions illegal, but the alternative was becoming poor (we ended up the previous government with around 55% poverty).
- bloggie 1y agoI'm certainly not going to moralize against breaking the law, just curious why an American company would (apparently) build a business off of facilitating it.
- Izikiel43 1y agoThey aren’t breaking any American laws
- dragonwriter 1y agoAmerican companies of all sizes do that a lot; its profitable, and even if it is eventually punished, the punishment is almost never sufficient to deter pursuing the profits.