Son of Jhon Lennon Defends Bitcoin (BTC)

in LeoFinance4 years ago

Sean Lennon, son of the late famous musician Jhon Lennon, defended Bitcoin (BTC) again on his Twitter. Bernada reminded him that he said that Bitcoin was not used entirely for criminal acts, but the US dollar.

Sean Lennon seems to be teasing the critics of Bitcoin, about the crypto asset being used massively for money laundering and other crimes. For him, the "object of value" that criminals use more often is not crypto assets, but US dollars.

Specifically for criticism about money laundering using Bitcoin, he reminded the case involving banking giant Wachovia. In the case that occurred in 2006, Wachovia was proven to have helped the Mexican drug gang to launder US $ 378.4 billion. The bank ended up paying a fine of 2 percent of the fund.

“People who support the idea that crypto assets and BTC are entirely used for criminal acts are simply crazy. 99.999999 percent of crimes use US dollars. In 2006 the Bank of Wachovia laundered US $ 378.4 billion in drug crime money. The bank pays 2 percent. Think about it. Do not be fooled!" said Sean.

Previously, Sean Lennon was featured on the [](Max Keizer podcast). He emphasized that Bitcoin empowers people like never before and refers to its quality as a transferable and immutable “currency”.

Posted Using LeoFinance Beta

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