SQ2 0.93% $107.50 block inc.

Maybe you should have another look at WTC.As you know, growth...

  1. 7,196 Posts.
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    Maybe you should have another look at WTC.

    As you know, growth comes from number of users, size of transactions and number of transactions. How much of that shouldn't be there? Who knows.

    As far as im aware criminals still use cash and crypto. Making cash app out to being the choice way of moving money for crims is a bit of a stretch. Maybe Jake sends $ 350 to Bob for his fun on the weekend, but so does a bank. Take a look at SVB and FRC, they were facilitating billions for the likes of Justin Sun.

    Regulators will eventually take a look, but you cant have strong security and checks and democratised payments at the same tine. Balance between the two, whats the minmal level acceptable and what leakage is acceptable.
    Last edited by pastperformer: 24/03/23
 
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