Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin being used for illegal activities
by
mirakal
on 27/10/2016, 07:37:49 UTC
Well, the hard truth is that every currency is used for illegal activities, and bitcoin is one of them.

In the dark web there's a lot of illegal things you can buy with bitcoins.

Fact is that all kinds of currencies and precious metals are being used to finance illegal activities, but still the media and average joe is blaming Bitcoin for this. They somehow don't realize that Bitcoin is nothing different than fiat. It's money. In that regard it shouldn't be weird to see that people use Bitcoin for all kinds of illegal things. Especially when you consider how convenient using Bitcoin is.
Well, everything can be used for good and evil, just look at a knife, knifes are very useful tools try to imagine your life without valuable tool, but there are bad people out there that will use knifes to steal or worst.
totally agree with you, very good analogy with a knife. I think it depends on the wearer himself do not blame the object because it is just a facility which uses the full responsibility. so do not blame bitcoin for involvement in illegal transactions, because everyone is free to do anything with bitcoin.
It will not be bitcoin who will be help accountable but the person who are making illegal activities, bitcoin is just a means that we can use in transacting online and we should be even thankful that bitcoin is here, and do not abuse it by using it in illegal activities as though it has a good system you will be trade if authorities work.