394
Buying a $250 Residency Card From a Tropical Island Let Me Bypass U.S. Crypto Laws
(www.404media.co)
this post was submitted on 03 Mar 2025
394 points (96.0% liked)
Technology
65819 readers
5194 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Money of course. I have been paying my bills with crypto since 2023.
And i have been using my bank account and cash to pay all my bills since i have had bills to pay. What's the advantage of using something that is less convenient, less secure, and more resource intense than a normal checking account with direct deposit? You keep dodging the question on what use cases you think crypto currencies have an advantage over fiat currency.
And you keep demanding a use-case like the other commenter is proselytizing.
If were just going to ask people questions they have no responsibility to answer: Do you know why BTC was developed?
I asked what that 1% of useful applications are and he gave a whole dog and pony show to avoid giving any examples. He said that there are times where cryptocurrency is better than your government's currency (assuming you are in a stable country with a stable currency).
Bitcoin was developed by dudes upset by the 2008 financial crash who wanted to be the ones on top the next time everything imploded. Bitcoin is 100% useless at anything other than speculation.
And buying drugs online.
I just know where to buy the drugs i want here in town, and then i offer cold hard cash that can't be traced back to me, even if the dealer rats me out. Much safer and more secure than buying them online.
Yobs like this always come out the woodwork when Bitcoin hits an all time high, talking about how cryptocurrency isn't all bad, but once you push them it's the same tired old talking points. They don't want to help you financially. They just want you to hold their bag while they cash out.
Edit: if you are familiar with the Alt-Right Playbook series by Innuendo Studios, Crypto Bros use the exact same strategies he points out. That's why it shouldn't surprise anyone that crypto firms were the largest donors to Republican campaigns this election season. Just something to think about as people keep espousing how crypto is gonna change the world...
No, they responded to your argument that crypto uses tons of electricity, and responded that the one they use, Monero, doesn't do that. Then later responded and said they pay bills with it.
What more do you want?
There are a number of services that take crypto, such as:
Btw, all of those take Monero. If you look, you'll find more.