According to the financial director of payment giant Visa Vasanta Prabhu, thanks to the anonymous nature of crypto-currencies and their inadequate regulation, digital money is very popular among criminals and dishonest politicians.
This is reported by Business Insider. Prabhu is also convinced that bitcoin and other crypto-currencies are now "in a bubble".
This is evidenced by the fact that a large number of inexperienced investors tirelessly insists on investing in crypto assets. "The last warning that you are in a bubble is when the shoe cleaner tells about which stocks are better to buy," the financier shared the wisdom of the world.
Criminals, convinced Vasant Prabhu, it is very difficult to launder money through the banking system. For operations with "dirty money," he believes, digital money is much better suited: "Crypto currency is the best for such things.
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I bet, every swindler and unscrupulous politician uses crypto-currencies ". Recall, at the beginning of this year Visa left the bitcoin users from Europe without debit cards.