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I guess that it is easier to get paid a ransomware in any crypto rather than through a bank transfer, but it is also not that difficut to trace if using non-privacy coins. Despite that, everyday you get other crime that is paid in USD and nobody here is challenging the fact that the USD is quite useful in general and cannot be banned.
I guess that it is easier to get paid a ransomware in any crypto rather than through a bank transfer, but it is also not that difficut to trace if using non-privacy coins. Despite that, everyday you get other crime that is paid in USD and nobody here is challenging the fact that the USD is quite useful in general and cannot be banned.
Yes, I know. It is rather a double standard when comes to morality and which system is friendlier for criminals to carry out their crimes and go around unpunished.
FIAT, specially cash will continue to be king among criminals because the fungibility and the many ways they can still laundet that capital in a relatively easy way, under the eyes of authorities, there has been already many scandals with European banks like Deutsche Bank and their involvement with the laundering of money. Despite of it, regulators and the very same bankers will continue to demonize Bitcoin and crypto as if we were the ones incentivizing illegal activities with our decentralized liquidity and projects.
One of the biggest economical hipocrisies or our life time as investors and part of this economical system.