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by vb6sp6 1683 days ago
> Then it's going to be weaponized to launder money

We should stick with USD. No one does anything illegal with USD

2 comments

Holy fucking strawman, Batman!

Way to skip over the different potentials for abuse and just dive to the cryptonerd's handwaive argument.

Looking forward to your insights about rubber and glue.

"bitcoin is for illegal things" is the OG handwaive argument so nothing substantial was needed to swat it down :)
There you go strawmanning again.

The claim wasn’t "BitCoin is for illegal things (and by comparison, USD is never used for crime)", it was "BitCoin's lack of support for KYC makes it more likely to be attractive to criminals and therefore likely to have its use criminalized" which you CAN'T just hand waive away.

I can trade stacks of USD without any KYC.
Yes, which is why all ransomwares ask money in USD, right?
Your point being what? That because USD is uncommonly used in ransomware it can't be used to commit crimes? Do you really think that no extortion has ever taken place via USD? Because I can guarantee you that money-related crimes and scams happen in just about every single form of currency, even things that technically aren't even currency like gift cards.
> ransomwares

this is not even worth looking at compared to other money-related crimes (just new and in media so people are scared)