RE: "We Need To Shut Bitcoin And All Other Cryptocurrencies Down - Here's Why"
Wow, this is a mind blowing article!
You would want to call it just a work of stupidity,
however, there was probably someone paying GOOD money to have this article published.
However, the biggest "lie" in this article is one that almost everyone accepts.
bitcoin is used for ... Money laundering. Funding terrorism ...
Where people do not realize, because they have never been told, that these two items are larger than they could imagine.
Only the LARGEST banks can handle the money flow from drug money laundering. And all the big names have been fined for it.
And the "terrorism" thing... well, the CIA has been seen to flying C-130s into those countries filled with pallets of 100 dollar bills.
Bitcoin just isn't big enough (yet) to do those kinds of things.
If more criminals actually did start using crypto, then the market would probably more than double very quickly. Right now, a few of the wealthiest criminals could probably buy out the majority of the crypto market. They use banks like everyone else. They just figure out how to get around the rules.
Nah, the banks figure out how to get around the rules.
The banks are not part of it, THEY ARE IT.
The fines they pay are just spreading the wealth. One hand washes the other.
If any serious criminals got into crypto, the market would 1000x overnight.
I am waiting for just one rich person to get on an exchange and buy out the whole thing.