Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin being used for illegal activities
by
boyptc
on 13/09/2016, 00:57:12 UTC
Everythin is used for q criminal activity, i eon't believe that that fact could hurt bitcoin thqt much on the long run. Thqt fact could slow down btcs progress at the beginning but i believe it wont have any impact later on.

Yes, just because bitcoins are used for criminal activities should not be an argument against bitcoins. Any fiat currency is used for illegal activities and people still don't want to get rid of them.
I agree with you completely because a gun can be used for protecting someone while it can also be used for killing innocent people. Lets forget if bitcoins are used for illegal activities and lets appreciate the fact that bitcoins have given us all enormous profits and the early adopters have become millionaires.

Well as long as there is monetary unit involved anything can be used in illegal activities or trades. Just like real money they are being used for buying illegal things.

So I guess they are just the same, we all knew about it that bitcoin has been used in illegal activities but we can't stop that.

Because it is also happening in real life with the use of our fiat money.

That is certainly true, bitcoin digital currency is the most preferred and widely used for illegal transactions. We can only let go over it, because it gives a very system bitcoin demand by the mafia who perform illegal transactions. Better use bitcoin for profit than discuss it

I do believe it too, bitcoin has anonymity so the illegal activities can be done with it and the people involve in the circle are not going to be traced easily. So they are using bitcoin as medium of payment for their transactions, especially if you are going to go in the deep web. A lot of illegal trades are happening there but the eyes of the FBI are always there.