Call me crazy
Crazy.
can be applied in numerous projects.
can =/= is
and that is the problem. the cryptocurrencies (altcoins in this case) are not really being used in anything serious. they don't go outside of the scope of an exchange. they remain there and be traded only. that is why many say "they are only for speculation."
in fact the only reason bitcoin is not dead yet and instead it keeps on rising despite all the attacks from all sides, is that it is being used in real world.
this means as long as altcoins are like this, you shouldn't expect much out of them.
This is old news but crypto will undoubtedly be used for money laundring due to some protecting your anonymity.
i think it is more of a misconception from cryptocurrencies and money laundering. money laundering is not just "hide your money somewhere then it becomes clean". it is a lot more complicated than that.
in simple terms money laundering means doing something to pretend the dirty money you've earned was earned through legal ways. and you do NOT want that way to be anonymous because you have to prove the way used.