[Slartie]

True, it's very useful for scammers, grifters, international terrorists and authoritarian governments to funnel monetary value around without having to rely on the traditional financial system where they may be blocked and their money confiscated.

[ozgrakkurt]

It costs 150 usd to send 5k usd between two countries I live in.

It costs the same amount of money to literally go there by plane and bring it as cash. This is not fair obviously. So traditional finance is a scam itself.

It takes 10 seconds and no fees to make the same transfer via blockchain.

I am pretty sure you know basically nothing about those crimes or the people that do crimes or how they actually transfer money. Just doing casual newspaper intellectualism while talking about things you never interacted with

[misiti3780]

what percentage of BTC transactions do you think are being used for international cash transfer in 2026 ?

[tasuki]

> funnel monetary value around without having to rely on the traditional financial system where they may be blocked and their money confiscated.

Yes. Unfortunately the traditional financial system is governed by a country which has been behaving increasingly erratically, threatening its long-term allies with invasions and committing obvious war crimes. This is not a "good guys vs bad guys" scenario.