Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin being used for illegal activities
by
GetClams.com
on 29/05/2016, 20:59:39 UTC
that's dumb statement, bitcoin is a currency and currency can be used for anything if the user want,just like people do use dollar to buy drugs or anything illegal? its the same like  when you use btc,and about money laundering, its possible to be done through any currency, do you ever saw people buying a very simple painted canvas with only 2 colors like red and blue ? and they bought it for $5 million? do you think its normal or money laundering?

Yes, with exception that governmetns and banks control fiat. And they wont do anything to ban fiat. Why would they? they can print it at will and do whatever they want with it.

They dont control bitcoin, they cant print bitcoin, and they can cheat with bitcoin. This is a reason you see lots of negative press about bitcoin. Banks and gavernments dont want ppl to use it. Thus, the easiest way is just to scare ppl that bitcoin is only used by criminals or it is a scam.


All kind or all classes people can use Bitcoins,Criminal, hijacker every one. Its not meaning using bitcoins for illegal activities. Bitcoin is legal the person who are using those probably they can be Illegal, If I miss use that is my fault.
And that's one of the probably disadvatages of bitcoins, as well as an advantage. I mean, on the side of the law, it's a disadvantage because it's a way for people to be able buy items or even services to do illegal things. But on the consumers' side, we are free to buy anything. Literally anything without the fear of government tracing our transactions.


..... the government cant trace our transaction???