Is Bitcoin heading to Valhalla

[Stompix]

I don't know where Valhalla is located

It's a fictional place
https://en.wikipedia.org/wiki/Valhalla
And contrary to popular beliefs sprung from movies and anime it's definitely not heaven on earth, also not going into specific but the whole thing is about to Valhalla rather than normal Till Valhalla is another butchering of folklore by the tiktok generation.

I'm not sure though if crypto is being used by drug cartels as way to launder or wash their dirty money. I mean it could be very complicated for them right? I will assume that they are still using the old and traditional fiat system to launder their money.

They use it, it's old news but for years cartels both in South America and Europe have used ATMs to launder money and move it around, pretty convenient since they owned the ATMs themselves.

[satpol_PP]

I'm not sure though if crypto is being used by drug cartels as way to launder or wash their dirty money. I mean it could be very complicated for them right? I will assume that they are still using the old and traditional fiat system to launder their money. And it's not that easy to hide your wealth in crypto, they can easily track it. But I will also like to see his crypto friendly policy as he said during his campaign that he will foster Bitcoin and crypto in the US. I think he might be looking to have someone who really knows about crypto to be put as SEC chair unlike Gary Gensler who goes at every project and then file charges against crypto project.

It is not impossible that this issue is true, it's just that it will always be there, not only in crypto, because activities in the black market or various activities outside the control of the government will always exist. However, that does not mean that the crypto is wrong, only its users are wrong. That's why it is always blown up in several countries related to the issue, this is what makes it difficult for crypto to develop rapidly. However, for now, it seems that it has begun to be avoided because society is increasingly aware of the various positive and negative sides of something.

Actually, the fear of crypto misuse is because they do not understand and do not have knowledge about crypto technology. In fact, illegal activities are not only in crypto, there are also FIAT money. Maybe because of the decentralization of this system that makes them afraid that crypto will be misused.

[taufik123]

Actually, the fear of crypto misuse is because they do not understand and do not have knowledge about crypto technology. In fact, illegal activities are not only in crypto, there are also FIAT money. Maybe because of the decentralization of this system that makes them afraid that crypto will be misused.

Crypto is only used as a tool for illegal activities and basically crypto technology is decentralized and no one can extract it,
especially on Blockchain, transactions that will be permanently recorded and no one can delete them.

Don't blame the underlying technology, but of course see what projects are being developed.

Now when Bitcoin reaches a new ATH, many say that Bitcoin is a replacement for Fiat and such,
whereas previously many were skeptical of Bitcoin and only considered Bitcoin a scam and would end up with ZERO.