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by bediger4000 259 days ago
With all due respect, isn't Bitcoin useful for paying ransomware ransoms, buying illegal guns and drugs, eluding sanctions, and settling debts with other multinational crime organizations? Are cartels the biggest suckers? Respectfully, I hope not!
2 comments

Wooden nickels were useful for paying too -- if you could find a sucker willing to accept them. Doesn't change the fact that they were essentially worthless.

Criminals are all about taking advantage of people --- at high risk.

They accept the risk (and cost) of using bitcoin in their niche only as long as they remain confident that suckers will trade real usable currency for them.

They undoubtedly make this trade at the earliest opportunity.

ye i know i've been signaling them for over 8 months to migrate, i think they are doing it