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by noelsusman 1401 days ago
International money transfers cost money because complying with international financial regulations costs money. Crypto transfers are cheaper and faster because they evade these regulations, which is just a downstream effect of committing crimes being the only real use case for crypto.

To be clear, I don't think it's bad for you to use crypto for this purpose. I would do the same. I just think systems that allow anyone to evade laws are a net negative for society.