Bitcoin is a currency and it can be used for legal and illegal activities.
So its the person who uses currency. It can be any currency.
So bitcoin is not bad in itself, it the usage with determines the action
Good explanation.
You can use a knife to cut bread or to stab someone...
Its the person who decides if something is used for good or bad action.
Yes bitcoin is getting used for criminal activities, but does not every currency is used for criminal activities.
I think it will not hurt the bitcoin because every currency has this problem right ?
ofcourse bitcoin (just like any other currency) is being used by criminals too but i think it is going to hurt bitcoin more than other currencies even though this usage is so small.
the reason for that is the fact that bitcoin is a new currency while others are old and already being used by many people.