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RE: Dispelling the Myth - Cryptocurrency and Criminal Activities
More crimes were committed using the USD than anything else in the history of the world.
Look at the fines paid by the international banking cartel of Citi and Goldman....they pay fines in the amounts of billions....that means they got away with billions more.
The major banks have paid fines that total more than Bitcoin's entire market cap over the last 10 years. It isnt even close.
I agree! Cryptocurrencies should not be held to a double standard when fiat currencies are so capable at facilitating criminal activity!
The regulators are in the pockets of the banks which means they will do all they can to protect them against outside threats. Cryptocurrencies present an attack on them and the regulators will step in to protect them.
Hopefully, the continued inflation of fiat currencies convinces certain countries to start switching to cryptocurrencies to facilitate their needs. I think that cryptocurrencies will be impossible to stop in the long-term.