Comment on SEC says it will deregulate cryptocurrencies with 'Project Crypto'
fodor@lemmy.zip 6 days agoYes. There are a few legitimate non gambling non crime uses. But those are typically very minor transactions. The problem is that it is somewhat anonymous and not refundable. It turns out that we really do want those features for almost all medium-high price purchases. Otherwise the thieves and scam artists will jack our shit.
Knock_Knock_Lemmy_In@lemmy.world 6 days ago
Illicit cryptocurrency transactions experienced a notable decline, representing approximately 0.4 percent of the total transaction volume. … Scams accounted for 24% of total illicit activity.