Post
Topic
Board Economics
Re: Does Bitcoin Help The Poor
by
bits4books
on 20/02/2021, 07:17:23 UTC
I'm sorry, but these points are sucked out of the finger. With the same success I can write that "Bitcoin is helping the criminals."

#1 BTC is Hard to Track
Which allows the criminal world to use it and other coins for their "black" calculations so as not to use fiat money.

#2 BTC allows you to Sell Illegal Goods
Thanks to the anonymity of BTC and mixer services, you can safely buy drugs/weapons/prohibited substances and so on on the black market and at the same time not light up fiat money that is easy to track (easier than cryptocurrencies)

#3 BTC expands the possibilities of the criminal world
Thanks to its decentralization and lack of control, criminals can freely transfer their money between countries without the risk of being noticed by financial supervisory authorities and the police, which greatly simplifies life.

And who's right about that? Do you think that BTC helps the poor, or do I think that BTC helps criminals?