Actual__Wizard t1_j51dtdk wrote
Reply to comment by point_breeze69 in Russian founder of cryptocurrency exchange arrested in Miami, accused of dealing with dirty money as part of "high-tech axis of crypto crime" by Clem_Doore
You have certainly used the US dollar for legitimate and legal transactions.
Cryptocurrency is not currently used for those types of transactions...
[deleted] t1_j51qpzj wrote
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point_breeze69 t1_j53h5t5 wrote
Maybe not in the US but in a lot of other countries it is being used for everyday things. Latin America, Ukraine, parts of Africa for example.
It’s coming to the US soon too. Mastercard and Visa are currently working to integrate the Ethereum blockchain into their payment process system. Layer 2s are faster and cheaper then traditional ways of payment processing.
Ed_Durr t1_j53vgn4 wrote
El Salvador has lost nearly $100,000,000 in the year since they adopted bitcoin as a currency.
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