The seedy side of crypto is 100% the reason I am staying away. One of it's biggest benefits (lack of institutional control) is also it's biggest detraction; anyone who is trying to avoid law enforcement is using it. When you purchase bitcoins, there's probably a good chance you are funding: hackers who are holding systems hostage; child pornography/prostitution rings; illegal arms and drug dealers; scammers; etc. etc.
The banking system, for all its issues, makes collecting and moving large amounts money around very difficult. We are going to quickly find out that that is a Good Thing.
I really think the debate about crypto has been poisoned with malicious intent. We all sit behind our computers thinking the people on the other end are just like us, with wonderful ideas for a technological revolution, but we have no clue what the real motives are behind its push.
The banking system, for all its issues, makes collecting and moving large amounts money around very difficult. We are going to quickly find out that that is a Good Thing.
I really think the debate about crypto has been poisoned with malicious intent. We all sit behind our computers thinking the people on the other end are just like us, with wonderful ideas for a technological revolution, but we have no clue what the real motives are behind its push.