this post was submitted on 02 Feb 2024
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Blockchain: the wave of the future (lemmy.world)
submitted 9 months ago by [email protected] to c/[email protected]
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[โ€“] [email protected] 0 points 9 months ago (1 children)

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

[โ€“] [email protected] 5 points 9 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.