Post
Topic
Board Bitcoin Discussion
Re: Spain – busted - Crypto ATMs used to launder narco money on a large scale
by
lukew
on 09/05/2019, 18:26:16 UTC
Imagine the case where a drug dealer converts the dirty money to potatoes chips and send to Colombia. Will the potatoes chips reputation damaged? No. Replace it with gold, will it have a damaged reputation? No.

Why when it's about Bitcoin the mass population feels the need to label it as criminal paradise currency.

Well, because it is. I can sell heroin, shove 100k into Bitcoin ATM's and send it anywhere instantly. Can't do that with gold, or anything else really.
You can sell heroin, inject the money to buy gold (no gold ATM yeah but it's not the point) not different. So?
What people do with Bitcoin is something else. Otherwise, we would need to agree to say that the dollar is also a criminal paradise currency.
Before Bitcoin was alive what were they using do you think? Gold, big banknotes

You can't buy gold at a machine and be untracable, then send the gold anywhere in the world instantly.