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by noelsusman
1401 days ago
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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. |
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