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Old 08-05-2022, 10:02 AM  
SpicyM
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Join Date: Aug 2006
Posts: 4,542
Quote:
Originally Posted by jscott View Post
^^ this guy doesn't even know that Bitcoin is a public ledger But goes to show how early it for the technology.

Criminals who use it get caught. Cash is for criminals, mostly untraceable. You should use more than headlines to learn about Bitcoin

Don't have to believe me, you can check the data:

Source Bitcoin (0.5-2%, or $10-$20b):
https://blog.chainalysis.com/reports...arknet-markets

Source fiat (2-5%, or $800-2,000b) (United Nations office on Drugs and Crime):
https://www.unodc.org/unodc/en/money...20US%20dollars

2-5% of dollars are laundered compared to 0.5-2% of crypto. Which makes total sense because public ledgers are easily traceable.
eat shit

I can imagine the whole FBI investigating a thief who paid $20 with crypto currencies to join a porn paysite for the purpose of ripping it's content and using it on his own piracy site, you dumbass.

Any form of anonymous payment method = a tool for criminals
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