Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin being used for illegal activities
by
machinek20
on 09/10/2016, 06:50:08 UTC
Bitcoin will be used for good as well bad things the same way it happens for several years with fiat, soo nothing new here, besides its harder to trace the people who are under the dark marketplaces.

Indeed you are right but I think its logical because every currency is used for some criminal activity these days and we can do nothing about it too.
I think its logical and not bad that it is used for it because we cannot do anything about it, it may even give the bitcoin a boost.
of course it is a natural thing and very logical if one uses currency bitcoin for something they need, whether it's illegal or legal is up to them, the difference with another currency bitcoin is more secure and hidden, that's why I see a lot of issues who came on this matter, I think it is not a problem right ?
Our only concern is we can see a big increase on the circulation of bitcoin so in that way our investment will grow, that is something we are hoping to happen as for sure the price will abruptly increase, if they are using it for illegal activities that is their problem anymore and not for bitcoin.
We need to concern if someone used bitcoin for illegal activities, if the government banned this coin we will lose users and by losing user bitcoin price and transaction rate can fall down, it will cause the price to fall down