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daveguytoday at 1:05 PM2 repliesview on HN

Don't forget about regimes like Iran and North Korea using crypto to receive bribes, ransomware payments, and launder money. Crypto is a cesspool. Just wait for the bank runs when everyone tries to bail out. There's a reason we have banking regulations.


Replies

alistairSHtoday at 2:12 PM

Don't forget about regimes like the USA a using crypto to receive bribes, ransomware payments, and launder money. Crypto is a cesspool.

Sadly, it's not limited to "evil dictatorships" on the other side of the world.

acejamtoday at 2:08 PM

> Crypto is a cesspool.

Wait until you hear about the US Dollar.

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