So Is Crypto Criminals Money?
It is easy to blame something and shut it down. When people hear some negative things about something, they try to avoid it. Whether that's true or not, people simply don't like to talk about it.
If someone makes up his mind just by reading the headline saying criminals use crypto for illicit activity, you will find it hard to talk about crypto with him. So which currency do criminals use most to commit crimes? Is it cryptocurrency or fiat currency?
The use of fiat currency is way higher than cryptocurrency to do something illegal. So do you blame fiat currency as criminal money? No, you don't. People can use fiat currency to do anything. It does not make fiat currency bad just because criminals use that.
So how come they consider cryptocurrency as criminal money? Due to spreading negative news about crypto, when people know you are into crypto, they think you are doing something bad.
Nowadays more and more people get into crypto and use cryptocurrency. You are not getting involved in any illicit activity. They cannot blame crypto like you don't blame fiat currency.
It is difficult to trace when criminals use fiat currency. But you can trace where the crypto is going in case criminals use cryptocurrency. It is on the blockchain and anyone can see that. Criminals got caught before because they used crypto.
People get to know more about cryptocurrency day by day. Their perspective on crypto is changing. People will not give you a weird look when they know you are into crypto. Focus on your work and take advantage of this time to accumulate cryptocurrency.
It can change your financial situation completely. When people see how crypto helps you to achieve your financial goals and you contribute to society, they will come to you for advice. Now they want to get into crypto and bring a positive change in their life.
What you think and feel, you will see a reflection of that in your action. So visualize your future, feel it, and make your move. How do you feel when some people say crypto is criminals' money?
Please feel free to leave your comments. Thank you for reading this post. That's it for now. I'll be back with another post.
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I feel: "Whatever! Your thinking doesn't change my mind."
Very underrated and important topic. Simply explained and a little kick of motivation. Good job on the SEO too. :)
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It's not criminal's money and fiat is still the largest money used for laundering. So it just depends and I don't think a majority of crypto is doing anything illegal financially.
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I completely agree with you. Way more illicit activity is going on in fiat currency, but no one blames fiat currency for that.
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