LogFAQs > #978665151

GunmaN1905 posted...

I was going more from the angle of unregulated money flow.
Before crypto, it wasn't that easy for even technologically illiterate people to anonymously send money around without sender or receiver being known. Now everyone can figure it out in minutes.
And a lot of reputable sites added crypto option.
Considering how goverments in biggest countries want to tax everything, seems kind of strange they just allowed crypto to become the easiest way to anonymously make bigger transfers online.

Crypto is taxed at least in America. Banks make their money off interest, not in the transfer of money. They have no reason to care about crypto any more than they care about the government (finally) spinning up their way to transfer money natively for free.