• @[email protected]
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    541 year ago

    Cryptocurrency is the number one vector for scams and money laundering today despite blockchains.

    • @Squizzy
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      -21 year ago

      I’m not cryptobro but I hate that people give out about it’s use in crimes… it’s a currency, it being used in crimes is only evidence of it being used as a currency. All my drugs are bought with euros.

    • 520
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      -61 year ago

      That’s because transactions can’t be rolled back, opening accounts doesn’t require identifying info, and there’s no possibility of payments being intercepted by a third party.

      Sure, fiat can be safer when your bank is being responsible. It can be much more dangerous when they aren’t. Just ask a victim of Wells Fargo.