Post
Topic
Board Bitcoin Discussion
Re: Do we need bitcoin?
by
BlackHatCoiner
on 20/07/2020, 08:34:07 UTC
Cash is more often used in money laundering and do you think that cash isn't even used for illegal activities? It's even the most used currency for those methods and this taboo about bitcoin must be changed.

Bitcoin is very much welcome in commercial use and from the perspective of being used illegally, that's changing into the mainstream day by day. It doesn't mean you use bitcoin because you are into illegal activities. You use bitcoin because you know that it's a good investment and a good alternative payment method.

Did I say that fiat is not used for money laundering? No.
Indeed, the most used cash system would be normally used for money laundering too.

What I'm saying that if you start accepting bitcoin in your business, no one will track you. And no one will tax you.

If you start selling drugs and accept bitcoin instead of cash nothing will change. You will have the same possibility to get caught.

Quote
Bitcoin is a store of value and the main indicator of the industry, we cant live without it
We can't live without internet too. But the world didn't begin in 1995  Smiley