Re:Is Web3 Bullshit?
by paulryanrogers on Sunday December 05, 2021 @10:01AM
(#29449756)
The ratio of crime to harmless fun does concern me. For example if Monero is 90% ransomware and violent gangs and only 10% innocent gambling then I'd rather not use it.
[ Parent
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Re:Is Web3 Bullshit?
by aptidude187 on Sunday December 05, 2021 @10:13AM
(#29449853)
The number 1 choice of criminals is still and will always be fiat. It doesn't require any sophisticated tools or knowledge and is accepted everywhere.
The 'crypto is for criminals' narrative has been debunked so many times, but if you still need convincing just look how crime infested traditional banking is in comparison: https://youtu.be/f8iPIV9cBAs
Do you think that the ratio of legitimate uses to criminal use is higher or lower for crypto vs fiat?
They're both currencies. The possible uses are the same.
Re:Is Web3 Bullshit?
by ClumsyPilot on Sunday December 05, 2021 @10:13AM
(#29449849)
As far as wel can tell fron panama papers, etc, most money laundering and corryption schemes use 'normal' money