Yeah right, ban crypto and all financial crime disappears? Nope, less than 1% of it disappears, the other 99%+ continues as it always has.
Fuck Gates, governments and regulators and their opinions mate.
On the flip side, look at all of the persecuted people around the world in dictatorships etc that have been able to freely receive funding via cryptocurrency when their national banks have closed their accounts and prevented them from being able to use the mainstream financial system.
Look at all of the people in Venezuela that have been able to transition their funds in to Bitcoin when the value of their own currency has done a daily swan dive for years, taking what little amount of wealth they had left with it, where after buying BTC not only has their wealth not been devaluing any more, but they've actually been making money.
Crime is a tiny, tiny insignificant fraction of the total application of crypto on a daily basis.. it used to be a majority in 2011/2012/2013, but now things are vastly different.
Cash is used by criminals for centuries, does that mean we shouldn’t use it? Crypto is the one thing that can’t be controlled and they hate it.
You should have the right to do whatever you want with your money without having someone up your ass.
I understand that, it's just a bit rich to put forward the argument that crypto is a significant facilitator of financial crime, when it's had such a tiny impact on increasing financial crime compared to prior to it being in existence.I didn't say that. Don't put words in my mouth.
Absolutely it isn't.It's just easier to do something bad and avoid consequences with crypto than with cash.
salty because you are a poor I guess. no cry friend.Bitcoin is so trash. I hope the central banks destroy it
They are visible but they are not associated with your data (first, second name, address, and so on). Moreover, Monero is hidden. So isn't it? If you are sure about that, please elaborate why all internet crimes are using crypto instead of cash when hacked institutions don't have the crypto.Absolutely it isn't.
[...] With cryptocurrencies, any payment is recorded, and al except for Monero and a handful of others also public display that transaction to anyone in the world that wants to see it.
Maybe you can't see, but payment provider, bank, website owner, police, court, and civil servant can check when, where, with who, from what device, what place, what IP, etc. transaction has been done.Ever with credit card, I can't just see all of your payments whenever I want to.
I didn't say that. Don't put words in my mouth. It's just easier to do something bad and avoid consequences with crypto than with cash.
I didn't say that we shouldn't use it. Moreover, I didn't say that anyone hasn't right to do whatever he wants with the money.
You're right. It was a big mental shortcut, sorry. I was thinking about "[...] it allows for certain criminal activities." part, of course.You said Bill was right. Bill's quote was that "the world would be better off without it".