Quote from: Legasean on July 04, 2016, 02:11:06 PM

Quote from: owm123 on February 06, 2016, 12:29:32 PM

Quote from: aubert on February 06, 2016, 12:16:28 PM

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.

Off course are criminals using bitcoins for illegal activities for what else are they using something where you almost can buy everything from and dont pay tax and is not
trace able i dont know what to use other when i am a criminal lol. So off course are they using bitcoins.

Reason why bitcoin is used for criminal activities is because it's just like money with the exception of that it doesn't care of the nature of the business. It doesn't matter what bitcoins are used for as long as there is a transaction done, that's what's bitcoin is.

Plus, it doesn't track the owner of the coins rather, only the wallet used and that very wallet can be used by multiple people or can be discarded without any trace of the previous owner.