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To: OddLane

Not bothering to read/watch. Bitcoin is dead and used to launder money, pay for illegal activities and products, and avoid taxes. It is also home to its own cottage industry of scams and schemes.


2 posted on 07/15/2018 1:29:43 PM PDT by Reno89519 (No Amnesty! No Catch-and-Release! Just Say No to All Illegal Aliens! Arrest & Deport!y)
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To: Reno89519

3 posted on 07/15/2018 1:33:34 PM PDT by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)
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To: Reno89519
...Bitcoin is dead and used to launder money, pay for illegal activities and products, and avoid taxes.

I don't know what you mean by dead. In 2010 you could buy Bitcoin for $13. Today one Bitcoin costs over $6300. And all forms of money are used to pay for illegal activities.

What's wrong with avoiding taxes?

It is also home to its own cottage industry of scams and schemes.

"It" isn't "home" to anything. Bitcoin is just a distributed ledger by which cooperating individuals store wealth.

6 posted on 07/15/2018 1:46:55 PM PDT by SeeSharp
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To: Reno89519

You want to dismiss money laundering and terrorist financing, get rid of the $100 bill. Fiat currency is used in a lot more crimes that bitcoin.

I don’t dispute at bitcoin is speculative as an “investment” but it’s NOT the “cause” of bad things any more than a gun is responsible for murder.


71 posted on 07/16/2018 3:01:09 AM PDT by Vermont Lt
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