Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin being used for illegal activities
by
South Park
on 14/10/2016, 22:32:46 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.
I think although Fiat is also used for illegal activities as well but I think it will not be as perfect as bitcoin, because you can be easily tracked when you use fiat to transact. with bitcoin you can not be tracked and there is no evidence of when you really use for illegal activities

This is a mistake, unless you know what are you doing then tracking your bitcoins is very easy, cash in the other hand is very anonymously by its very nature.
Yes, bitcoin does not support complete anonymous because bitcoin is providing us only pseudo-anonymous. So, we need to take necessary steps to protect our identities. I agree cash dealing are complete anonymous but carrying them is very much difficult whereas bitcoin has the feature to carry out across borders too.
Yeah, this is a mistake that I see over and over again in the forum bitcoin does not offers anonymity it offers pseudo anonymity and steps are needed in order to achieve a good level of anonymity. That is why cash is still king when dealing with illegal stuff.