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HappyFunNorm t1_j50j1bw wrote

What?!? Money laundering using crypto?!

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Drone314 t1_j50qsrt wrote

Even Pikachu ain't shocked anymore. Nothing good has come from crypto, just a waste of electricity and graphics cards....

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LTuvok t1_j50sso9 wrote

That's why you use an NFT as your profile pic?

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InevitableAvalanche t1_j5113bc wrote

How is it good? It is just a picture. If they are making it an NFT it is just another waste of energy for no reason. Can't really judge someone for using it since Reddit hands them out.

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IronMyno6 t1_j53bvtn wrote

Its the geek version of I'm gonna put all my mediocrity into being a basketball or rap, movie star.

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MarkMoneyj27 t1_j55cod2 wrote

Distributed ledgers are like bendable glass, it's an invention looking for a problem it will eventually find.

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ryansgt t1_j53vktq wrote

It's the wild west, that's for sure. Saying there isn't a use for it just shows a general misunderstanding of the technology.

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apcolleen t1_j53ysut wrote

Wait does this mean NFTs are bunk too... god... this is world shattering... I have some calls to make!

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ryansgt t1_j53trje wrote

I mean if it's a privacy coin, sure. You'd have to be a major idiot to attempt to launder through most because it's literally a public ledger. There is a completely public record of every transaction on chain since inception.

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[deleted] t1_j53g3o4 wrote

[deleted]

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Ed_Durr t1_j53waw8 wrote

I convert $10,000,000 into bitcoin. I send that bitcoin to my good friend Pablo, who in turn ships me a few tons of cocaine. Pablo then converts that bitcoin into pesos.

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