"How to Not Get Caught When You Launder Money on Blockchain?" https://arxiv.org/pdf/2010.15082.pdf #bitcoin
@kravietz I mean I know this isn't the point of the article but you could just not commit crimes.. The reason that Butcoin, Monero, and to a lesser extent Etherium and any other crypto gets a bad name is because of all of the cybercrime that revolves around them. I know its an inevitability but still.
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100% agree personally but to be honest I don't see any practical use for BTC, ETH etc in real world usages. The only kind of economic activity that can tolerate their incredible volatility and thus potential to lose tens of percents of transaction as a matter of seconds is money laundering 😂
@kravietz @ThreeBadgersInATrenchcoat
I think btc does have value in being an open permissionless system of money. Sure it's volatile, but the core idea still remains. With innovations like lightning network I'm very happy how bitcoin is progressing.
Monero is also good for privacy. Though Lightning network has good privacy as well.
Ethereum is a shit storm right now but for good reason. They're building something that hasn't been done before and I'm excited to see where it goes.