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I wonder why the ex CEO of Paypal and Intuit, founder of an actively managed fund doesn't like Bitcoin.

There are many valid points to be made against bitcoin but "It's used by criminal" isn't one of them.

There are many published studies highlighting the volume of Bitcoin transactions associated with illegal activities. For example, this one from the University of Oxford: https://www.law.ox.ac.uk/business-law-blog/blog/2018/02/sex-...

Sure I'm not arguing that Bitcoin isn't used by criminals. But, to make the obvious straw-man, USD and knives are used by criminals too, should we ban them ?

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