Quote from: stergium on October 26, 2017, 08:30:35 PM

Quote from: pokeronlinestatus on October 26, 2017, 02:50:18 PM

Quote from: Gozie51 on October 14, 2017, 12:47:56 PM

Quote from: awesome31312 on September 18, 2016, 09:18:13 AM

I see more and more articles of the USD being used for illegal activities, such as funding of terrorists and unconstitutional, illegal wars, funding of wars that cause severe infringement of civil liberties like the war on drugs, among other things. I am pretty sure that when goons smash into convenience stores and steal stuff, then the money they probably steal is USD, which makes it criminal currency. Also, I am pretty sure that the baseball bats that majority of the goons have bought were paid for by the USD.

Also, most people collect rain water, drink raw milk, and throw cannabis seeds in soil, all three acts which are considered serious illegal felonies punishable by seriously expensive fines and extensive jail time, possibly life in prison.

Some people also walk, drive, fish, or hunt without a permit that can easily be bought for in USD.

Will this hurt USD in the long run? Will governments ban this just like they started to do with paying in cash for some services to harden the use of illegal activities, and money laundering?

The simple fact is that all the illegal items you enumerated has no negative effect or impact on USD.

The explanation as to why USD is used or preferred in these illegal or even legitimate transactions is that it has high value and when local fiat I'd converted to USD to be used for transactions, it makes it compacted and comfortable to be carried about without suspicion.

On the contrary, this role played by USD is currently being taken over by bitcoin because of its high value also. Fiat are these days converted to bitcoin to be carried on just a mobile gadget like a mere phone. Shaking my head. Grin

Well, for me, all currencies are being used for illegal activities, and not only USD or Bitcoin as some would say. The only thing I would say makes Bitcoin seem like the worst is because the people behind such activities can hardly be traced, and it also makes things easy for them.

Good and bad people are present in every society, and they may be using their local currency for their illegal activities, So the American may be using Dollar easily and Indialn may be use Ruppee for their activities therefore we can say that almost all kind of currencies may be using for illegal activities and not a single currency can be assumptive from that.

I agree, all about money is being used in all of the illegal activities. No on cares about that. If the illegal activities will always be there and we will always see the money will be used for the illegal activities. Even the digital currency like bitcoin in which some of the illegal transactions can be happened.