jamin4d ago

Crypto as a Payment Method?

https://lemmy.zip/post/61401917

Crypto as a Payment Method? - Lemmy.zip

So I am not really into cryptocurrency and only have some basic knowledge. As far as I understand the idea between crypto (or especially bitcoin) was a decentralized payment system. Everything I heard about crypto the last few years was only about trading and value going up and down blabla. How is it going so far for using it as a payment method? Are there countries, systems, spaces in the internet or anything that actually use crypto for paying? Whar are some good examples? Do you yourself use some of these? And are there maybe even PayPal-like Apps which you can use for paying in crypto to others?

Show threadchoui44d ago

Crypto is, and always has been a way for money laundering to happen. Right now, its almost exclusively used bt speculators, corruption and Libertarian perverts.

I cant remember which Latin american country attempted to switch to it, but basically it just facilitated massive corruption. Same with the trump regime.

Its fucking stupid and only serves to enable corruption. Also, Jefferson Epstein was a crypto pervert

Show threadWhyJiffie3d ago

Crypto is, and always has been a way for money laundering to happen.

could say the same about cash, when looking at large scale usage

Show threadchoui42d ago
Yes, but, its nearly impossible to launder 250 million dollars of bills into your pocket like trump did
Show threadWhyJiffie
the Hungarian kleptocracy would like to have a word on that
Mar 28 at 9:42amWeb
Show threadchoui41d ago
I dont know anything about that, tbh. But I struggled to imagine they are bringing that much american currency into their banks. PLUS, trump has done this multiple times and many others have, too. Thats a very different thing, I think youll agree.
Show threadWhyJiffie1d ago
they are stealing billions of hungarian forints recently, and privatizing public institutions. they have been in power for more than a decade.
Show threadchoui422h ago
Well, you know what you need to do, right?
Show threadWhyJiffie21h ago
you have changed the topic. crypto is not needed for money laundering, there are other avenues for doing that.
Show threadchoui420h ago
Me? You changed the subject first haha. Is it just as easy to launder both?
Show threadWhyJiffie21h ago
you have changed the topic. crypto is not needed for money laundering, there are other avenues for doing that.