Post
Topic
Board Economics
Re: Why criminals prefer cash (Fiat) on top of crypto?
by
glendall
on 04/02/2022, 16:59:02 UTC
Maybe criminals prefer Fiat because of its high level of adoption in the mainstream world? Or maybe because Fiat has an easier learning curve than crypto?



it is true that fiat is easier to retrieve and can disappear immediately if it escapes pursuit and can immediately spend it, but if crypto requires a very complicated process and level of account freezing, KYC is exchanged which can immediately capture data, so fiat is more popular with robbers than crypto