alt Hacker NewsThe #1 use case for crypto is that it's anonymous like cash. And yes, this enables people to use it for crime... just like they use cash. The unavoidable cost of freedom has always been that some people will misuse it. Personally, I would rather have freedom even if it gets misused than not have freedom even if it means crime is over.
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hn_acc1 • yesterday at 10:38 PM
I'll bet $100 that the percentage of crypto used for crime is higher than the percentage of cash used for crime.
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> The #1 use case for crypto is that it's anonymous like cash. And yes, this enables people to use it for crime... just like they use cash.
Not quite like cash: collecting and transferring US$1.7B in cash—actual physical paper—is probably more logistically challenging than BTC.
I understand the argument for freedom, but depending on the scale/dosage many things that could be fine in small quantities aren't as good in large ones.