Yeah. It’s ridiculous how crypto gets so much hate here, yet there are constant, often heart wrenching posts about the failures and even near-malfeasance of payment processing systems. The paradoxical claims that crypto has no use case except fraud and crime, juxtaposed with the lamentation and gnashing of teeth over the misery of traditional payment systems is enough to provoke an existential examination of the senses.
I honestly think it must be mostly sour grapes, since by far, cash and other traditional payment methods facilitate the vast, vast majority of crime and fraud, and cryptocurrency is the only universally accessible, trustless, (nearly) costless, instant, global system for the transfer of value between two parties.
It is by far a better system, even with its flaws. Which is why, yes, many criminals use it, just as they use cash. Because it works.
I honestly think it must be mostly sour grapes, since by far, cash and other traditional payment methods facilitate the vast, vast majority of crime and fraud, and cryptocurrency is the only universally accessible, trustless, (nearly) costless, instant, global system for the transfer of value between two parties.
It is by far a better system, even with its flaws. Which is why, yes, many criminals use it, just as they use cash. Because it works.