Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin being used for illegal activities
by
YuginKadoya
on 10/11/2016, 08:39:50 UTC
I see more and more acrticles of bitcoin being used for illegal activities
will this hurt bitcoin in the long run , will governments ban this just like they started to do wih paying in cash for some services
to harden the use of illegal , and money laundering

I really think that your thread really meant nothing because bitcoin is a currency and just like other currency like dollar or other fiat money that are mostly involve in illegal transaction and can be involve in some illegal organization bitcoin is just the same if apply to some illegal activities that is why it is really common sense on what would people do with their bitcoin.

As long it has a value  it would surely  being  used   on  illegal services and  transaction. as  you said   its up to people  decision on how they gonna handle this  things and  how they would  use  up their  money. Bitcoin is  being used  for sure on  illegal things because of  its anonymity feature.

Yup! and that secure feature often times being used by people who's been illegally making transaction with bitcoin and I guess that is why the government wants their hands on controlling bitcoin so they could use it for themselves and I think there are other people that are imitating bitcoin that is why there are other coins out there.