Post
Topic
Board Bitcoin Discussion
Re: Bitcoin could destroy economy
by
stompix
on 27/10/2020, 15:04:12 UTC
No matter what you said about bitcoin, Fiat is still the most used currency in criminal acts that are recorded in history. It is much more used by criminals, hackers, and scammers especially that it is the most used in many transactions compared to bitcoin that only circulates in a digital world.

How many people bought food today with fiat? How many people bought food today with bitcoin?
How many car crashes have been today involving VW cars and how many with Saab ?

Just stop with those comparisons, yeah, bitcoin is better, because is not crappy as fiat and just because of that it will also be used by criminals. And just think for a second, if bitcoin does replace fiat in the end, does it mean crime will stop? No, they will all move from fiat to bitcoin, I just don't understand this denial.

Since the end of the 19th century which coincided with World War I, terrorism has existed, with substantial funds, and also with money laundering which is often carried out by the authorities, as well as the kidnappings that have occurred.

Terrorism has existed for far longer if we take the by the book definitions since the 18th century, but otherwise, it's a common occurrence in the last two millennia. But, anyhow, the end of the 19th century didn't coincide with ww1, you're off by 18 years Smiley.