The fact that cryptocurrencies can help criminals and the black market transfer funds has always been a point of contention. But in reality, this is complete nonsense.

Cryptocurrencies have only existed for a little over a decade, and have only been truly accepted by people for a few years. Meanwhile, human criminal history spans thousands of years… Before cryptocurrencies, prisons around the world were filled with criminals of all races… Is this a consequence of cryptocurrencies?

Before cryptocurrencies existed, did criminal organizations and the black market not launder money? Did they not transfer funds? Of course they did. They still laundered money and transferred funds. Otherwise, what would sustain their extravagant lifestyles? If they couldn't obtain money and funds, what would be the point of their crimes?

You've established bloated anti-money laundering agencies worldwide, yet criminal organizations still manage to move freely, ultimately reaching criminals who buy luxury cars, yachts, private jets, and live in mansions… indulging in a life of extravagance and debauchery. And all of this is done under your so-called strict financial regulations. And all of this happened before cryptocurrency existed. Is this cryptocurrency's faul