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0 sats \ 2 replies \ @guerratotal 4 Jul \ on: bitcoin ain’t for criminals bitcoin
In a sense, Bitcoin meets (and surpasses) the rule of fiat money: it's usable by anyone, without discrimination. In fact, this neutrality makes it even more useful to criminals than the traditional banking system, which is precisely why many criticize it. Paradoxically, this "dark" use is what most stands out in the media, although in reality, Bitcoin is a tool of freedom that empowers ordinary people, as we see in Africa, as well as those living under dictatorships (in this case, myself when I lived in Cuba), or, in these cases (like the one in the news), criminals.
But fiat money, if you don’t run it through the banks, leaves no trace. Bitcoin’s the opposite, it leaves a trail.
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Absolutely true, physical cash, well used, can be invisible. But personally, I don't see moving a million in bills as the same as moving it online (in terms of logistics, risk, and speed). Bitcoin leaves a mark, yes, but it also allows for the movement of large amounts of money without borders or intermediaries, and that has a power that cash simply can't match. I say this with certainty, because I did it when I left Cuba, coming back with a handful of satoshis without anyone knowing (or even seeing it).
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