Banks launder trillions more than crypto per year

Many people, private institutions or government agencies believe that everything about cryptocurrencies is wrong. Since their rise to popularity and value appreciation, cryptocurrencies have been criticized, especially in the case of bitcoin, for causing harm to the environment as a result of mining activities that consume too much power. Cryptocurrencies have also been bashed for not having any value, with many people calling these virtual currencies the “biggest scam of all time”.