this post was submitted on 02 Feb 2024
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[โ€“] ComradeKhoumrag@infosec.pub 0 points 10 months ago (1 children)

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

[โ€“] Tehhund@lemmy.world 5 points 10 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.