To address @anon61221983 's original post: I’d say that Larry Elliot in the Guardian is half right. Nixon is to blame, but it was the “War on Drugs” that got us here, not the collapse of Bretton Woods or leaving the Gold Standard.
A Guardian article on Marbella, Dubai, and drug smuggling in Europe illustrates another key use for crypto. Bruce Schneier discusses the various ins and outs of Bitcoin, Ransomware and the “DeFi” industry and how DeFi serves to launder money now that block-chain transactions can be linked to end users.
