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by daveguy 19 days ago
Don't forget about regimes like Iran and North Korea using crypto to receive bribes, ransomware payments, and launder money. Crypto is a cesspool. Just wait for the bank runs when everyone tries to bail out. There's a reason we have banking regulations.
2 comments

Don't forget about regimes like the USA a using crypto to receive bribes, ransomware payments, and launder money. Crypto is a cesspool.

Sadly, it's not limited to "evil dictatorships" on the other side of the world.

> Crypto is a cesspool.

Wait until you hear about the US Dollar.