alt Hacker NewsThe only buyers are criminals, sanction evaders, and probably the dumbest people in the world given that the entire crypto ecosystem is focused on one thing and one thing only. Creating the most deflationary monetary system in history.
Replies
HighGoldstein • today at 1:02 PM
There are a lot of places in the world where crypto payments are now prevalent, not because users are the "dumbest people in the world" but because they have no better alternative for electronic finance. Either conventional banking is nonexistent/abysmal for this purpose or their national currencies are in such bad condition that it's better for them to hold and use cryptocurrencies.
➕ show 1 reply
And also the most unerasable, and hence traceable, system. You can't delete records from a blockchain.