Lower counterparty risk, and harder to confiscate. Money can sit in a crypto wallet and be used for illicit transactions until favorable circumstances allow conversion out of btc. You can’t do that with cash in a bank.
With the amount of shady alt coins and defunct btc exchanges separating authentic vs bogus transactions is even tougher for regulators.
With the amount of shady alt coins and defunct btc exchanges separating authentic vs bogus transactions is even tougher for regulators.