Contrary to popular ignorance, #Bitcoin isn’t the go-to currency for organized crime. If it isn’t dollars, it’s usually stablecoins: faster, cheaper, and easier to launder. In fact, criminals are 3x more likely to use stablecoins than Bitcoin, though most still prefer traditional non-crypto methods.
Bitcoin never promised me anything except that it would never shut down…even if my government does. I’m not worried about collapse; I’m only watching liquidity.
Onchain scrutiny makes it nearly impossible to use Bitcoin illicitly today, and that scrutiny will only intensify. Parking a billion dollars’ worth of Bitcoin in one spot isn’t bold; it’s bad opsec.
And honestly, I couldn’t steal that much Bitcoin and still sleep at night. That takes a different kind of talent (or lack of conscience).
If such hoards were ever dumped, it’d mean cheap sats for everyone: a dream that might already be behind us. As Bitcoin climbs, so do the incentives to take it. One can only hope that being a pleb never becomes a crime.
