Category: CEO

Monero lost more than 50% of its network hash rate

This is old news to many but I’ve been watching it, the hash rate on Monero was just over 1000 MH/s prior to the algorithm update as a way to combat ASIC mining by companies like Bitmain.  It plunged to as a little as 157MH/s initially but as of now (2018-08-08) 461 MH/s.

Monero-Hash-Rate-460Mhs-2018-08-09

This is significant and the move wasn’t without controversy but I think it was the right way to go.  Monero wanted to stop giant mining farms like you see for Bitcoin and Litecoin.

I think it worked, initially and clearly a lot of mining was disrupted because all the mining software had to be updated such as xmr-stak or xmrig etc.. Today if you use a pre April 2018 miner you will get “invalid results” or “share not accepted” from the pool because the algorithm has changed.  This effectively bricked Bitmain’s Monero miners but all was not lost for them as it is believed they were probably mining with them for several months if not more before releasing them publicly.  For any critics at least Monero clearly communicated almost immediately after Bitmain’s announcement that they would update the algorithm and would be sure to brick them.  And in all fairness at least Bitmain warned of this on their own sales page so it is nice to see an issue like this handled well by the main parties involved (of course those who still bought a Monero miner are out of their money).

Considering that months later the old hash rate of 1+ GH/s is now only about 460MH/s I think it is fair to say there were ASIC mining farms controlling over half of Monero!  This very well could have been Bitmain and other manufacturers themselves.  But going back to the whole mining thing, most know I am against it.  One inherent vulnerability of any mineable coin is that whoever has the most hashing power wins or controls the network allowing them to steal from others essentially.  As illustrated in my picture earlier one pool supportxmr.com has 80 MH/s, Nanopool 95MH/s, minexmr 94 MH/s so essentially 3 pools control about 60% of the hashing rate or about 20% each on average.  If you check out the list of Monero pools essentially the hash rate is concentrated among numerous pools which puts it in a similar situation as Bitcoin in a sense.

The current situation is better but nothing stops people from spending millions on GPUs and CPUs in order to dominate the network. With Monero only worth around $100 USD at the moment there is little incentive to do so unless an organization simply wanted to kill Monero.  I would imagine criminal organizations like the ones who targeted Bitcoin Gold and other coins will be ready and waiting to do the same though.

What do you think?

Cheers,
A. Yasir

VMWare 6.7 A Blast From The Past

Or A Blast To Their Market?

I’ve used VMWare on and off over the years but mainly during the pre-opensource days before the days of Virtualbox, KVM, Xen, OpenVZ etc…  and have dabbled and helped maintain some VMWare clusters over the years.

Anyone familiar with VMWare or who Google’s it will see lots of dire warnings about upgrading to the next version since the upgrades often break existing servers.  This is mainly not because of the Linux Kernel but VMWare seems to have a policy of blacklisting and hardcoding what network adapters, ILOs and CPUs are supported in each release.

Indeed the majority of blogs you will find deal exclusively with warnings of what is not supported and how to get around various restrictions.

But 6.7 seems like a marked departure from the standard.  It has dropped support for the majority of CPUs previously supported even up to 6.5.

I’ve also found it be fairly buggy especially getting vSphere working nicely on 6.7 ESXi hosts.

So this brings me to the next point, VMWare has literally shrank their market share but making it so their existing customers or a lot of people who may have used VMWare literally cannot use it (at least not with the latest 6.7 version).  Since there is not a lot of hardware that supports 6.7 the logical solution for many, even existing users is to simply migrate their VMWare VMs to something opensource based on KVM whether that would be Proxmox, oVirt, OpenStack etc…

Now, I do understand VMWare wants to prevent their marketshare and they’ve likely worked out agreements with hardware manufacturers on what gets obsoleted since a lot of large corporate customers will simply just buy brand new hardware that is supported.

But to me it’s just not a green solution when the same “obsolete” hardware is more than capable of supporting large scale computing infrastructure for a long time to come.  Computing power is so affordable and up there today the problem for hardware manufacturers is that so many organizations even with old hardware don’t need to upgrade (of course save for VMWare mandatory hardware obsoletion).

Aside from all of this VMWare is a fairly good system but I feel it is starting to quickly become attractive after reviewing a lot of community feedback and talking to colleagues in the industry.  There’s a huge push to migrate to KVM based virtualization and I feel the latest VMWare 6.7 will hasten this move.

Trons Disappointed Fans

Fans That Disappoint

Fans and supporters took to social media to show their disappointment after the ‘secret announcement’  late last night. Justin Sun and the Tron Team apparently didn’t deliver the ‘marketing & shine’ that people expected.

They were expecting the ‘secret’ segment of the announcement to have more ‘pizazz’ and when they didn’t get it, sent off a twitter storm to console each other or complain. Some going as far expressing how they need to do better marketing and hire people who can do a better job presenting with more enthusiasm….

The other side were die hard supporters (who are capable of ignoring even the bad portions of what Tron does) were saying for once something I agree with: that it’s not about the marketing, it’s about the project.

This complaining about the lack of marketing is a serious issue for me. In an age of ICO scams because of all the marketing glitter, you would think the project is what matters most, not the marketing. If you only focus on the marketing you’re going to miss out. And many thousands missed the followings from the Tron Secret Announcement:

1. TVM- Tron virtual Machine. Is lightweight, Turing complete virutal machine devised for the development of Tron’s ecosystem. It aims to provide millions of global developers with a custom- built system for blockchain that’s efficient, stable, secure and easy to optimize, essentially developer-friendly.

2. 40 mainstream exchanges including Binance, Bittrex, Bitfinex, Upbit, Huoni and OKEx have completely the token migration from the worthless ERC20 tokens to Tron’s mainnet TRX without any financial loss so far for the users- although not all normal users/investors have made the exchange.

3. Tron mainnet so far is running smoothly.

4. There are a total of 92,424,664,154.355837 ERC20 Tokens burnt, accounting for 92.42% of the total issued. Before the migration is completed, the remaining ERC20 tokens will remain valid for exchange at Binance and Gate.io.

5. The TRON network will serve as the underlying protocol of Project Atlas. Hundreds of millions of BT users across the globe will become part of the TRON ecosystem. BT will be the largest application on the TRON network, which will allow TRON to surpass Ethereum on daily transactions and become the most influential public blockchain in the world.

As some might know from my previous post about Tron’s lack of care during this migration, I’m not exactly happy with Tron. The migration itself really unsettled me on their ability to actually do properly what they want with investors in mind. But this ‘marketing and glitter’ issue that most of the supporters and fans are complaining about, makes me uneasy that I’m investing in something that people heavily depend on to be marketing savvy.

Dogecoin is a better investment than many of these ICOs and new coins yet it lacks excitement and flair.  Cryptocurrency users and investors are inviting an ecosystem that rewards exciting sound scams and widgets that are guaranteed to fail.  This may work for the short-term but in the long-term it will be the difference between life and death for currency, projects and profit/loss to the investor.

Tron is actually a really good project, it’s made some great strides, and taking steps in the right direction. Do they need to be marketing hype all the time, especially when Investors like me just want the straight talk about what’s happening and what they are doing.

There’s a serious lack of common sense in cryptocurrency and the investors too.

This is money. This isn’t a high school popularity contest, where you need sparkles every time they hold a dance. And this should mean a lot coming from me, considering I am incredibly hard on Tron for their fiasco of a migration.

These are not issues. Their job is to make the project a success and take Tron to new levels, not to sit there with a marketing team to sparkle you with every meeting.

We have real issues here with Tron, and none of it has to do with their marketing. People really need to look at those issues instead of being upset about the marketing or Justin Sun’s lack of ability to wooo you.

What do you think, am I wrong? Should there be more marketing sparkle for cryptocurrency projects?

Cheers,
A.Yasir

 

Bitcoin Anonymity at what cost?

Wasabi Wallet

We’ve already heard of “tumblers” which make it very difficult to trace the true sender or receiver of a Bitcoin transaction.  Now we have the “Wasabi” wallet project, which does something a bit differently.  It actually uses the Tor network to anonymize you on the Bitcoin network.  However, I think this is a risky move because malicious actors on the Tor network (especially exit nodes) have been setup by malicious groups including government agencies for surveillance and other use.

The problem with depending on the Tor network and a third party client is what if someone injects malicious code such as the Bitcoin Gold client scam?  Even if that’s not the case what if some malicious Tor node runners get together and target Bitcoin users and use it to successfully trick the Wasabi client into thinking you’ve received money you don’t have?  It would certainly be an effort and tricky but with enough time, money and resources it is a likely possibility based on the reward value alone.

So, well the idea is well-intentioned I think trying to solve it any other way  is risky and it should be the Bitcoin code base that is modified to support these features.

Another personal alternative is that you can use your own personal proxy or server to hide your real IP as this is already a supported feature of the Bitcoin client itself.

What do you think?

Cheers!
A.Yasir

Amazon’s Racist Shop

Shopping For Hate

Despite Amazon’s strict policies against the sales of racist, homophobic, anti-semitic, Islamaphobic and general ‘hate glorifying’ goods, these items are still for sale and are being bought on Amazon.  According to Reuters, Action Center on Race & The Economy and the Partnership for Working Families, released the report today hammering Amazon the online shopping king, for failing miserably to enforce their policies.

Amazon’s policy prohibits:

“Products that promote or glorify hatred, violence, racial, sexual or religious intolerance or promote organizations with such views.” The two groups say they found toys with propaganda symbols, books and other products aimed at children to further normalize these intolerant or racist beliefs.

The report criticized that Amazon was profiting from sales of these items since it takes a cut of the sales, and that it, “provides a number of channels through which hate groups can generate revenue, propagate their ideas and grow their movements.”

Through writing e-books and through Amazon’s Music store, they are giving these hate groups the ability to spread their hateful speech and message. Using these Amazon platforms, racist writers, musicians and ‘racist activists’ including violence against black people, Muslim, Jewish & LGBTQ people, supporters are able to sell their hate and make Amazon millions in profits, as well as fund the racist/hate groups.

The two watchdog groups that reported Amazons dirty shopping, through their report insist that Amazon take down these hate sellers, and also make a public stance against these hateful, racist, intolerant ideologies, as well as promising not to profit from them. They’re asking Amazon to remove these items from their platforms as well as destroy any physical products that are currently in their warehouses.

 Amazon spokesman did say that they will shut down anyone breaking their rules, it’s a weak statement considering they should have been already removed.  Another spokesperson said they are currently removing some neo-Nazi bands that had been identified from its music platform.

Spotify, Google and Deezer all purged their libraries of racist music back in August 2017. In the same month, Apple removed Apple Pay support from white nationalist sites and Squarespace culled hate sites from its web hosting service.

Amazon also has a track record of holding payments for small businesses for small infringements or sometimes no particular reason, or even shut them down completely. It makes me wonder why it’s taken so long for them to purge the hate sellers.

It remains to be seen how much is actually left over, or how many try to circumvent the rules. Nobody thought tiki torches would ever be used a white supremacist march- but here it is. Of course this tiki torche company had nothing to do with the group.

tikitorchesracist

Shatner’s Not Giving ETH

Shatner Scam Smack Down

With the release of new cryptocurrency reports, we have seen a total failure of multiple projects that either were flat out scams or failed projects that made billions of dollars with no intention of ever following through.

But it’s not just ICO projects that took billions in revenue from scamming or not producing their projects, it’s the flat out Multi Level Scams (which are basically pyramid schemes) or businesses that promise to send you 20 ETH or Bitcoins after you send .05 of the said cryptocurrency. Most people know, this is a warning sign. Even if they insist they need that 0.5 to confirm your address, it’s still a warning sign that many people have obviously missed. Millions are said to be lost this way.

Privacy coin “Verge coin”, set up a twitter account earlier this year, and 2 days later it was hacked.

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Of course, they regained control of their account, but the damage had been done. And this alone should have killed Verge, as a privacy coin token to get so easily hacked by scammers who told people to send any amount of XVG to get double back. We can only hope that the people investing weren’t stupid, but it happens. After all this is their official account that these hackers took over.

In my opinion this alone should have killed the Verge token altogether, but I guess people were able to forgive it and continue on, after all, people had invested heavily in this project and need it to succeed. I had demanded my investment back, as I demanded from Finom– another scam project that has no intention of actually producing the project. To Tron, that suddenly threw a curve ball to have people transfer their money from their wallet to the Exchange or risk losing your entire investment…yeah these aren’t good signs and it makes me extremely distrusting of their project. If this were a bank, people would be outraged and the lack of outrage is why these Projects like Tron are getting away with it.

Then we have celebrity endorsements? Should we hold celebrities like Mayweather responsible for supporting projects, even if they are scams without their knowledge or with? Most celebrities endorse products and services that they don’t necessarily believe in, but aren’t held responsible for those endorsements.

And then there’s the celebrities that without their knowledge had their name hijacked to sell a scam. William Shatner was one said victim, Shatner posted on twitter:

“BTW another fake me is pushing a pump and dump crypto Ponzi scheme: @Wiliiamshatners
– William Shatner (@WilliamShatner) July 2, 2018

Other celebrities who have been impersonated include John McAfee (who is very active in the cryptocurrency world); Elon Musk, Vitalik Buterin, one of the founders of Ethereum; Sir Richard Branson and even Donald Trump.

When choosing a project to buy into or invest in, you have to make proper choices. If an account like @WiliamShatners is tooting that they will give you 20 ETH if you send 0.5 ETH, do some due diligence. Confirm if this is an official account, go on reddit and see what people have to say about it. Directly message your doubts and concerns. If it’s the real deal, well then they should have to prove it.

But sometimes even with all the proper research, you will still fall victim to shitty projects and scams, but that’s life. I’m sure even though Mr. Shatner from his official twitter account posted that he isn’t the scam twitter account giving ETH, people will have probably still bought from it before it was taken down. How many thousands? Or millions? I guess we won’t know.

But this is just another reminder, that we need to centralize cryptocurrency under the general crypto community, or have these scams continue under the guise of decentralized. Nothing, not even Bitcoin or Ethereum is truly decentralized.  And even real coins can act like scams with their policies and sudden changes to the scope of the project. If the project no longer values the investor, it’s a shit coin and you should dump it. If a celebrity is endorsing a project, find out if its really them- reddit is usually a good place to filter the garbage or see some garbage.

And in the end, you have to do your own research. RESEARCH is key.

Cheers,
A.Yasir

Dogecon 2018: Vancouver

Such Wow! Much Conference!

Amongst the sea of self serving blockchain conferences, and large scale multi-million dollar Internet of Things conferences and expo’s, was a refreshing Dogecon held in Vancouver that captured the heart of cryptocurrency. The meme essence came to life.

What started off as a fork of Bitcoin, and a running meme joke, became the largest most dedicated community of cryptocurrencers ever. More than Bitcoin, more than Ethereum, Dogecoin’s strong and proudly loved. It’s community strong, not just about value, but about substance. From tipping to charity, to car racing, the Dogecoin is actually the most viable coin out there. And to celebrate the ‘such wow’, Dogecon was held in Vancouver BC.

A conference where nobody talked about panic selling or the market crashing, instead dance parties, rap shows, dinner and a freaking puppy parade- that’s right, a freaking Shibu Inu parade, was held. You can only wish in your dreams that you had seen it in real life, it was just that amazing.

It wasn’t ‘tradition’, with high rolling investors in thousand dollar suits, no this conference was down to earth, honest and genuine- something you don’t see often in the superficial world of Instagram cryptocurrency.

No twitter cryptoinvestors and enthusiasts had lots of good genuine things to say. Four days of celebrations, real discussions, and Dogecoin worship took place in Vancouver British Columbia. And the reviews are in: It was awesome.
Yes Rocco, this is what it should look like.

Even the sponsors proudly stood by Dogecon with ETH Classic joining in.

Just over 200 participants attended Dogecon, and tickets were sold out by the time I posted about it- sorry about that…  It was a breath of fresh air from the stuffy blockchain conferences, it was relaxed and real, and showed what this amazing Dogecoin community is.

So if you’re looking to invest in a good coin, Dogecoin is it.

Why do I say this:
1. Dogecoin is used more frequently than even Bitcoin cash
2. 40th in Market Cap
3. Has been in use since 2010 for tipping, charities, to car racing etc etc
4. It’s the 4th most popular cryptocurrency (yes that’s right, Dogecoin is the 4th)
5. More viable since the community even after the Creator abandoned it, kept it up.
6. Unapologetically a joke currency that became seriously serious.
7. Doesn’t fall under SEC regulations as a original coin
8. Faster and cheaper to use
9. Dogecon!!!
10. It’s a freaking Shibu Inu, who doesn’t like dogs!
11. It’s not all about ‘Bitcoin level value, or pumping and dumping’, its about the coin itself.

Such wisdom! So get yourself some Dogecoin, and bow to Lord Doge.

It’s safe to say that Dogecon 2019 is going to be even larger and better! What do you think of Dogecoin? Is it still a joke coin to you or are you showing some Doge love! I personally mined and owned Dogecoin, and I’ve easily used it, and it’s honestly one of my top 5 favorite coins. If I had to pick something to invest in, I’d skip the ICO’s and Ethereum tokens, and go straight to Dogecoin.

Cheers!
A. Yasir

Does the CIA know Or Not?

Who Is “Satoshi Nakamoto”

A video titled, CIA Project Bitcoin: Is Bitcoin a CIA or NSA project? made by a group calling themselves the “CIA Project” surfaced on youtube. This group is dedicated in finding all the governments secret projects and making it public. And in this latest video, they are claiming that Bitcoin is actually the creation of the US National Security Agency (NSA).

Now don’t scoff it off as a conspiracy theory or ‘FUD’ and run away. Lets have a gander at what this group is claiming to be their biggest proof.

Satoshi Nakamoto- the name itself.

Now I do touch on this subject a little in my post here, so have a read of that as well to put some other very important pieces of this together.

Satoshi (meaning ‘clear thinking, or intelligent). Nakamoto is a common Japanese surname meaning “central origin or one who lives in the middle) This surname is commonly found in Ryukyu Islands of Japan, which is strongly associated with the Ryukyu Kingdon, a highly centralized kindgom that originated in the Okinawa Islands.  This Island in particular was known as the ‘the place where cannibals lived’….not sure if this gives any weight to Warren Buffets fantastic quote, where he equates Bitcoin mining to harvesting baby brains…

Combined, both names could be interpreted as “Central Intelligence”- could be, loosely. There is in fact a real Satoshi Nakamoto (well Dorian Satoshi Nakamoto) but he vehemently denies he’s the Bitcoin creator and even hired a lawyer to clear his name. How badly do people want to know who this guy is?

The next claim is that no one has actually met Satoshi Nakamoto in person or spoken on the phone with him or her or even them.  Even Gavin Bell (known as Gavin Andresen), who only has contact by email, never in person or over the phone.

Other evidence includes the fact that Bitcoin uses a common PRNG (crypto program) to create secure keys, which is itself believed to have an NSA backdoor. Numerous Reddit threads linking Bitcoin or Satoshi Nakamoto with the NSA have been removed; and that Bitcoin is not decentralized as it is being controlled by a small group which is led by Gavin Bell. Which is true, I’ve said it before that cryptocurrencies are not decentralized in the sense people assume, there is a central body controlling it, and right now with Bitcoin it’s the 80% hashing power Chinese mining farms and Gavin Bell.

But do the CIA Project’s claims have any merit? I think there is- even just a little, is still too much.

The NSA creating Bitcoin has been rumor for many years. People have questioned why it uses the SHA-256 hash function- which by the way we designed by the NSA and published by the National Institute for Standards and Technology..

The fact that the NSA is tied to SHA-256 leads some to assume it’s created a backdoor to the hash function that no one has ever identified, which allows it to spy on Bitcoin users.

“If you assume that the NSA did something to SHA-256, which no outside researcher has detected, what you get is the ability, with credible and detectable action, they would be able to forge transactions. The really scary thing is somebody finds a way to find collisions in SHA-256 really fast without brute-forcing it or using lots of hardware and then they take control of the network,” cryptography researcher Matthew D. Green of Johns Hopkins University said in a previous interview.

This alone makes it worrisome for Bitcoin users or Cyber security specialists. Snowden is very harsh on Bitcoin and says it’s being watched by government agencies- more on that in a different post.

And of course this comes just at the heels after the CIA refused to confirm or deny if they knew who Satoshi Nakamoto is- leaving many to speculate, if they know.  And like Snowden says, ‘they know’.

I myself didn’t want anything to do with Bitcoin in 2009 when my wife told me about it- because of the sheer nightmare that is security and fraud. (Of course I’m glad I reconsidered it and mined as much as I could back then), but it did have the distinct smell of ‘government’ even back then.

Then there’s recent news of 21e8….that’s for another post.

What do you think? Does this prove that Satoshi Nakamoto is actually the NSA? Or does it simply just add another layer of conspiracy theories to an already large mystery.

We may never know.

Cheers,
A.Yasir

The Dark Web Bust

2000 Bitcoins, Hard Cash & Gold Bars

I think we can lay rest the claim that Bitcoin is used for crimes only, considering cash and gold bars (fiat system) seems to be thriving in the latest Dark Web crimes bust.

The US Department of Justice, together with multiple government agencies such as the Homeland Security, The Secret Service, Postal Inspection Service, and the DEA have busted over 35 dark web drugs and arms dealers across the nation.

To be clear, these are the drugs and arms the government didn’t deal themselves, but notorious crime syndicates on the Dark Web (which is why this is a bust and not a government investigation into their own operations).

The different agencies confiscated military grade weapons, drugs and drugs manufacturing equipment.  On top of this they also seized over $30 million dollars in cash, gold bars and around 2000 Bitcoins (which alone totals to over $12 million)

The Department of Justice said in their press release that it was “a year long coordinated national operation that used the first nationwide undercover action to target vendors of illicit goods on the Darknet”.

Agents from the HSI acted as money launderers on the dark web marketplace such as the Silkroad, AlphaBay, Hansa and others, exchanging cryptocurrencies for cash.

Yes you read that right, the government itself used cryptocurrencies in crimes in order to lure in criminals. With this tactic the different levels of federal agencies were able to root out the network of black market dealers.

“Through this operation, HSI New York was able to identify numerous vendors of illicit goods, leading to the opening of more than 90 active cases around the country. The Money Laundering and Asset Recovery Section (MLARS) of the Department of Justice’s Criminal Division, working with more than 40 U.S. Attorney’s Offices throughout the country, coordinated the nationwide investigation of over 65 targets, that lead to the arrest and impending prosecution of more than 35 Darknet vendors,” the press release states.

Nearly all the charged individuals used bitcoin or other cryptocurrencies to some degree in their operations. In one case, the federal officials are seeking the forfeiture of an additional 4,000 bitcoin that they suspect to be tied to online drug sales. If seized, the supplementary stash will put the government’s cryptocurrency requisitions to just over $40 million.

“The Darknet is ever-changing and increasingly more intricate, making locating and targeting those selling illicit items on this platform more complicated. But in this case, HSI special agents were able to walk amongst those in the cyber underworld to find those vendors who sell highly addictive drugs for a profit,” HSI Acting Executive Associate Director Derek Benner states in the official press release. “The veil has been lifted. HSI has infiltrated the Darknet, and together with its law enforcement partners nationwide, it has proven, once again, that every criminal is within arm’s reach of the law.”

This investigations findings came after Congress’ own efforts to police crimes online trafficking and the use of cryptocurrencies. The findings went public just a day after the House of Representatives passed the “Fight Illicit Networks & Detect (FIND) Trafficking Act of 2018 (H.R.6069). It’s a bipartisan bill : “to study how virtual currencies and online marketplaces are used to facilitate sex or drug trafficking and propose regulatory and legislative actions to put an end to these illicit activities.”

Rep. Juan Vargas who proposed the bill, expressed in a press release that the House’s approval is “an important first step in helping Congress understand the full extent of how virtual currencies are being used to facilitate drug and sex trafficking and will help us propose effective legislative solutions to fight these crimes.” As the bill moves up to Congress’ upper house, he “[hopes] to see the same level of support for this legislation in the Senate.”

In a 2017 National Drug Assessment, the U.S. Drug Enforcement Administration found that cryptocurrencies like Bitcoin, Dash, ZCash and Monero —(with Dash, Zcash & Monero being relatively anonymous) — have become increasingly popular payment options for dark web trade. Along with fueling the human trafficking market, they are also funding marketplaces that are contributing to America’s growing opioid crisis, the administration claims.

This though implies that fiat and other methods such as wiring funds wasn’t also prominently used in human trafficking, drug trafficking and other crimes on the Dark Web. Cryptocurrencies aren’t new just this year, and have existed since 2009, Bitcoin being the most prominent. But of course the Deep Web existed before 2009, and was active and full of crimes and trafficking prior to Cryptocurrencies birth.

This investigation also implies that governments like the US don’t sell weapons to Dictators and genociders ,which we have seen a track record of throughout history. So the governments readiness to blame cryptocurrencies solely for crimes on the Dark Web is biased set to fit a narrative that ‘only the government can commit illicit crimes’.

The growing American opioid crisis also comes after the US illegal invasion and occupation of Afghanistan (which they remain in to this day).

What do you think? Yes cryptocurrencies are being used to commit crimes, but Fiat and gold bars also have track records of being used to commit crimes, both on the Dark Web and on the government level. Should we not then first deal with Fiat’s crisis with money laundering and crimes deals?

Cheers,
A.Yasir