how was my friends grandpa impacted by this?
clue: developers are not ordinary people
1,124 karma · joined July 25, 2017
how was my friends grandpa impacted by this?
clue: developers are not ordinary people
I really cannot find any examples anywhere of this.
maybe if cryptocurrency and those exchanges was regulated you would see less of this blocking happening.
downvoters:
tsb, natwest, barclays and more banks are blocking these exchanges with illicit activity. this is a good thing.
I am being proven right no matter if you downvote or flag.
say no more.
All I'm just asking for clear evidence to a claim, like someone asked me for evidence of a claim I made, I provided a source and evidence. Not hard, seems you and others have an issue with it.
> You clearly won't believe that most drug transactions are done in cash unless you see incontrovertible evidence. That's fine. But no-one cares, so I don't know why you expect demands for a source to be met.
Do you expect me or anyone else to believe a random person like you making a bold claim at first glance?
So unless you have a source to a bold claim, I can dismiss it.
> But in this case, it's such a well-known and obvious fact that there's no such benefit.
Then the refutation should be quick and easy right? Again, I see none so far.
You really are confused. I'm pretty much against cryptocurrencies, I see no benefit in it, read the thread 3 or more times again.
> The drug stores never closed. They've been open the entire time, and the entire time they have only accepted cash.
So you can purchase these drugs such as weed legally in Texas, Georgia, Idaho and all these other states right?
So the source is you then? If so, that is an anecdote and that isn't a reputable source, try again.
> The illegal drug dealers only took cash, and now that buying drugs is legal, the legal dealers only take cash too. They have an ATM in their shop, but that's because they only take cash.
So you are saying that cryptocurrencies was never an option for these people at all? If it was legal bank transfer or credit cards would be just fine.
Would be nice if you provide sources for your claims to these.
> Guess who stayed open the entire time? The drug dealers. They were excluded from lockdowns due to ostensibly being essential businesses who sold "medicine". And guess what, the entire time they have only accepted cash.
Again, do you have any reputable sources for these claims?
Burden is on you to provide proof.
Also, did you just forget we were (and we are) in a pandemic that started a year ago, forcing almost every person in lockdown?
What do you think was the mode of choice for drug dealers to launder their money through? I'll give you a hint, it is certainly not cash.
If you care about your privacy that much, just drop the envelope in your local postbox and it sends it to them.
The fact that this is making ransomware run rampant and now the victim is also part of the unfortunate process of paying the ransom in Bitcoin, (and now apparently they can also pay in Monero at the hackers, 'convenience')[1] it's getting to a point where regulators need to step in before this happens to more companies and the general public.
[0] https://www.ft.com/content/13fb66ed-b4e2-4f5f-926a-7d34dc40d...
[1] https://www.cnbc.com/2021/06/13/what-is-monero-new-cryptocur...
> But is not any excuse for banning, good person can sometimes not want to make a public purchase.
It is when ransomware is on the rise [1] and the cryptocurrency exchanges like binance are letting them get away with it.
[0] https://www.cnbc.com/2021/03/04/survey-finds-one-third-of-cr...
Some self respecting VPN providers allow you to pay with cash, you don't need crypto.
I can play Windows games and use Linux on Windows (WSL)
I don’t see the point of running Linux distros on bare metal anymore.
What coin has never been affected by bitcoin's volatility, except for stablecoins?
Since you claimed it's a solved problem, I am assuming these coins never had congestion issues which is why you chose them?
Or are you 'just saying this' because...?
Sounds like this is a huge issue in El Salvador [0].
YES.
So it's pointless for me to use something like Cardano only for the price of it to fall because of Bitcoin rendering my holdings significantly less than what it was.
And don't get me started on Ethereum fees due to congestion and networks like Polygon going down all the time, doesn't seem advanced to me if congestion is still going on.