Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin being used for illegal activities
by
South Park
on 02/11/2016, 14:10:26 UTC
Of course, Bitcoin is a currency, Therefore it's being used for illegal activity and that's a given, even USD is being used for illegal activity as well as any currency in the world... The fault is on the one using it for illegal activity not the currency.
Correct the currency does not have some kind of magical power in order to determine if the trade it’s being used is legal or illegal so it’s the responsibility of the user.

Yes it depends on the user on how he is going to use bitcoin, for good or for bad things. Since many people are already into bitcoins. We can't deny the fact that it is being used for different illegal activities. Since bitcoin is anonymous, the people who are doing that are taking advantage for using it since their information are not included per transaction.
Just a small correction bitcoin is not anonymous its pseudonymous since in order to reach a good level of anonymity you will need to take some measures like washing your coins and using Tor or something similar.