Post
Topic
Board Economics
Re: Why criminals prefer cash (Fiat) on top of crypto?
by
goku19
on 23/02/2022, 17:03:57 UTC
Maybe because it is very complex to convert the money from crypto and it requires KYC where personal details are required before getting the money.

So they prefer the traditional thing and besides not all of them are capable of hijacking cryptocurrency.

It's obvious that it's easy for criminals to use the traditional which has easier transaction processes.