Universal Monk@sh.itjust.worksM to Cryptocurrency News@sh.itjust.worksEnglish · 5 days agoCryptocurrency may be evolving into a shadow banking systemwww.msn.comexternal-linkmessage-square7linkfedilinkarrow-up12arrow-down11
arrow-up11arrow-down1external-linkCryptocurrency may be evolving into a shadow banking systemwww.msn.comUniversal Monk@sh.itjust.worksM to Cryptocurrency News@sh.itjust.worksEnglish · 5 days agomessage-square7linkfedilink
minus-squaresapetoku@sh.itjust.workslinkfedilinkarrow-up2arrow-down1·5 days agoAlways has been. Crypto is mostly money laundering and criminal activities.
minus-squareUniversal Monk@sh.itjust.worksOPMlinkfedilinkEnglisharrow-up3·5 days agoActually, cash is used for money laundering and criminal activities much more than crypto.
minus-squarePeruvian_Skies@sh.itjust.workslinkfedilinkarrow-up2arrow-down1·5 days agoCrypto allows it to be done at a much larger scale. Caah is used more than crypto for everything other than speculation, but what really matters is that proportionally, crypto is more used for crime and money laundering than cash.
minus-squareuntakenusername@sh.itjust.workslinkfedilinkarrow-up1·5 days agoI wouldn’t say mostly, but yeah, its been used for that
Always has been. Crypto is mostly money laundering and criminal activities.
Actually, cash is used for money laundering and criminal activities much more than crypto.
This. So much this.
Crypto allows it to be done at a much larger scale. Caah is used more than crypto for everything other than speculation, but what really matters is that proportionally, crypto is more used for crime and money laundering than cash.
I wouldn’t say mostly, but yeah, its been used for that