No it's not. Our monetary systems depends on very few companies that restrict things that go way further than the law.
You cant use credit cards for thousands of things you never thought about, PayPal is banning even more, wire transfer isn't international and banks may still complicate things, not even talking about how long these can take internationally and how that doesn't work for realtime services.
There are dozens of things like perfect money, Payeer, Payoneer that could also be blamed because it is used for bad things. But reality is we need those to pay for things that visa doesn't want us to pay for.
Crypto is one solution to this obvious problem. It's easy to say it's all drug money and money laundering but only if you never happen to be in a position where you have to trust untrustworthy russian credit card gateways because it's nearly impossible to charge for a skin colored dildo.
You cant use credit cards for thousands of things you never thought about, PayPal is banning even more, wire transfer isn't international and banks may still complicate things, not even talking about how long these can take internationally and how that doesn't work for realtime services.
There are dozens of things like perfect money, Payeer, Payoneer that could also be blamed because it is used for bad things. But reality is we need those to pay for things that visa doesn't want us to pay for.
Crypto is one solution to this obvious problem. It's easy to say it's all drug money and money laundering but only if you never happen to be in a position where you have to trust untrustworthy russian credit card gateways because it's nearly impossible to charge for a skin colored dildo.