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by alcio 1667 days ago
> Any application that could be done on a blockchain could be better done on a centralized database. Except crime.

In a weird way, this quote is a good explanation of why cryptos exist: they give the possibility of creating systems evading state controls.

Crime is a relative thing: moving money outside of certain countries is prohibited, in others it's owning property for certain category of people.

1 comments

The definition of crime is not only a relative thing, but also a moving target which is quite unpredictable and has a lot of long tail events.