Post
Topic
Board Bitcoin Discussion
Re: Debate: Do you think criminals do more good than harm to bitcoin?
by
medUSA
on 29/10/2015, 11:36:44 UTC
However medias keep spreading false information on bitcoin, like stating 'bitcoin is using widely in criminals' etc.
So how do you think? Does the advantages outweigh the disadvantages?

I do think bitcoin IS widely used by criminals. Media is not spreading completely false information. The point is USD is also widely used by criminals and people are used to it. Media believes "bitcoin" is more news worthy.

No, I don't like it. There is no advantage when bitcoin is being associated with crimes. When Bitcoin is portrayed as criminal money, real users like us have to explain to people that this isn't the case. It isn't easy too. While explaining to them, I have to consciously avoid bitcoin's role in gambling, scams and prostitution too.

I believe we simply need to wait for more commonly legit way of spending bitcoin before this stereotype can disappear.