02-12-2022, 11:46 PM
Criminals deal with tons of cash. You're right though transportation of funds isn't an issue with crypto.
The other big thing is the only country that I really see backing it is El Salvador (they also have a vested interest in the value going up, since they hold a decent amount of BTC). Currencies are generally backed by a country (or multiple-countries).
I made over a hundred thousand dollars in a short period of time with BTC specifically; a few years back but I've never trusted it enough to hold it more than a very short term. Looking at the prices now of course I should have held out for longer.
The other big thing is the only country that I really see backing it is El Salvador (they also have a vested interest in the value going up, since they hold a decent amount of BTC). Currencies are generally backed by a country (or multiple-countries).
I made over a hundred thousand dollars in a short period of time with BTC specifically; a few years back but I've never trusted it enough to hold it more than a very short term. Looking at the prices now of course I should have held out for longer.