US Treasury sanctioned alleged Russian hacker Sergey Ivanov and Cryptex — a St. Vincent and Grenadines registered virtual currency exchange operating in Russia
Neither of those things are true. As the majority of crypto is used for above-board legal transactions, just like most fiat currency transactions are legal and above-board. As for the pyramid scheme, the biggest example of one that I can find right now is the US Dollar and its inflation.
Found the cryptobro. Neither of your statements are true. Crypto is absolutely a pyramid scheme, and if you took out the quick ability to convert to USD or other fiat currency, it would collapse.
Not totally. monero is building a circular economy of people who price items in Monero, and buy/sell in Monero. Some of us desire to flip fiat the bird and do the best we can to live on Monero only. It works too. As an example i have bought groceries with monero for over a year and a half.
Neither of those things are true. As the majority of crypto is used for above-board legal transactions, just like most fiat currency transactions are legal and above-board. As for the pyramid scheme, the biggest example of one that I can find right now is the US Dollar and its inflation.
Found the cryptobro. Neither of your statements are true. Crypto is absolutely a pyramid scheme, and if you took out the quick ability to convert to USD or other fiat currency, it would collapse.
Not totally. monero is building a circular economy of people who price items in Monero, and buy/sell in Monero. Some of us desire to flip fiat the bird and do the best we can to live on Monero only. It works too. As an example i have bought groceries with monero for over a year and a half.