Would have had better luck with bitcoin to buy illegal drugs or traffick some folks. - ThreadSky

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erinkelleyaz.bsky.social • 78 days ago

Would have had better luck with bitcoin to buy illegal drugs or traffick some folks.

More likely to find people using it as a store of value which is proving to be wildly successful

Only if people keep investing it in. See FTX…but so far, Bitcoin has been a pretty good, if fluctuating, store of value.

FTX was pure fraud.

Probably still one of its primary uses.

Why would criminals use a public ledger instead of untraceable cash?

Because they use crypto tools to make it hard to trace the ledger.

It is pretty fascinating stuff.

https://www.watchungbooksellers.com/item/rbwr187Writ7v26wazLgoA

The book overview looks interesting

North Korean hackers have stolen $1.34 billion worth of cryptocurrency across 47 cyberattacks that occurred in 2024 ...

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"crypto tools"

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