Re:Coinbase is exploring the addition of new currencies
by richardknop on Sunday December 09, 2018 @11:47PM
(#18645295)
Bitcoin will probably never go back to zero. The money laundering and selling of drugs / other criminal activities will continue using it therefor it will keep some small value. It has a long way to drop from $3500 though. Altcoins though will probably go to zero as they are completely useless compared to BTC at least being useful for criminals.
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Re:Coinbase is exploring the addition of new currencies
by gl00pp on Monday December 10, 2018 @04:17AM
(#18646404)
But criminals don't want their transactions recorded in a immutable ledger for all eternity...
...I hear they use Monero
Re:Coinbase is exploring the addition of new currencies
by richardknop on Monday December 10, 2018 @05:03AM
(#18646617)
It's just Bitcoin addresses, not linked to individuals, doesn't matter it's in the ledger. These people don't go through exchanges with KYC I'd assume. They might do something like localbitcoins or shady exchanges in countries like China/Russia.