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by BTCOG
2098 days ago
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Perpetuating myth and propaganda that even the US government doesn't say about Bitcoin, I see. Did you pay attention to the recent Bloomberg article about cryptocurrencies being the best gaining asset class of 2020, or the article about the $2 trillion dollars worth of laundered money being done using traditional USD and banks? And how much money was laundered through Bitcoin again? A money that is very hard to hide. Bitcoin has smart contracting so it would appear you're just regurgitating things you've read rather than reaching into an in-dept knowledge on this subject. |
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And tulips were the best gaining asset class of 1636. The existence of speculation is not proof of the soundness of the underlying asset.
> trillion dollars worth of laundered money being done using traditional USD
The difference being that I have firsthand knowledge of honest economic activity being conducted with USD. I see practically zero evidence of cryptocurrencies being used in any honest economic activity, other than speculation.
> Bitcoin has smart contracting
Yes, but my understanding is that Ethereum can handle much more complex contracts.