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This makes a lot of sense and it was an expected side effect of any decentralized currency from the very beginning. Bad actors/fraudsters/tax evasionists etc are going to eventually become the biggest users and end up owning a big chunk of it.

Without a shred or actual evidence, I'd be ready to bet that many terrorist groups are buying their equipment/weapons in crypto. Arms, drugs, laundering, etc, it's just so convenient.. And in time it will become worse.

That being said, I also understand that crypto is unavoidable - eg the concept of the blockchain would have been discovered sooner or later and now it can't be stopped.


Crypto (specifically USDT) is already in use by some commodities traders for international settlement (I used to work in this space). So I wouldn’t be surprised at all if terrorists do the same.

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