Hacker News Reader

This is crazy, no wonder a lot of people in there are turning to cryptocurrencies, particularly stablecoins.

Crime begets crime

Buying stablecoins is not illegal though.

It probably is in countries with capital controls, if you use it as a means to circumvent those capital controls.

as if capital controls are not a crime in of themselves...

"crime" here means that crypto incentivizes crime itself, not that it is "illegal" in the country: pump and dump, scams, cybercrime, tax evasion, etc.

Reply on news.ycombinator.com