alt Hacker NewsThey are supposed to be a replacement for suitcases of cash for illegal transactions (drugs, [kidnapping] ransoms, that sort of thing). With a side of gambling and tax evasion.
They are supposed to be a replacement for suitcases of cash for illegal transactions (drugs, [kidnapping] ransoms, that sort of thing). With a side of gambling and tax evasion.
It's also couple percent cheaper to send money internationally using bitcoin as the "rails" when compared to e.g. Wise. Even for sending money from classical bank in one country to a classical bank in another country. On bigger amounts you can save quite a lot of money.