this post was submitted on 04 Aug 2024
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I mean it has its issues but a non regulated currency not controlled by a government is cool imo
Its supposed benefits are vastly overshadowed by their only practical application: allowing online crime to flourish.
I suppose you don't use cash then. Come on, there is almost no online crime anyway
I can buy almost everything with cash but with shitcoins I can only pay ransom. And the FBI probably won't agree there's virtually no online crime.
Semi-legal activities such as donating to wanted individuals, purchasing non regulated non illegal to ship medicine, purchasing digital goods (such as commissioned art) from countries that were banned by SWIFT (Russia).
I’ve already paid a lot of legal things and donated a lot with crypto. It’s pretty much the only way to pay online without giving away your personal info