this post was submitted on 02 Feb 2024
1892 points (96.5% liked)

Memes

45886 readers
1413 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 0 points 10 months ago (1 children)

Sure, drugs and fraud surround Bitcoin, but drugs, fraud, and banking imperialism surround the petrodollar

[โ€“] [email protected] 5 points 10 months ago

I didn't say cryptocurrency was any better or worse for fraud and abuse than regular currencies. Honestly I have no idea which one is better or worse for fraud and abuse. I'm just saying it's not clear that the particular way that cryptocurrency is more secure than regular banking is actually beneficial.