Bitcoin is being used widely in porn sites, gambling and drug dealing sectors. Is that why the btc made for ?
nope. I think satoshi did not make bitcoin for that bad use.
I have seen a lot of members in this forum discussing about buying drugs, gambling and enjoying porn with bitcoin. Is not it a misuse of a currency ? Block chain tech is a awesome tech and btc is getting popular. I hate these misuses of precious btc. It hurts me. This will lead into unhealthy society along with unhealthy future generation.
yeah, actually it will make people who do not use bitcoin will think that bitcoin is for criminals. and I ever read someone made a thread who said that his father did not agree his job to earn bitcoin. it was reallt bad.
It depends upon the person on how they will use bitcoins but i dont think that this is being developed in the bad side.
Let me enlighten you guys. Satoshi don't have a single intention for Bitcoin to be used in such manner. Its just that, the concept of Bitcoin itself dragged it down to this lewd and illegal contents. You see, porn sites and the 'black market' are all illegal, therefore if a currency (let's say Dollar) is being used in this kind of platform, it will easily going to be tracked by that government (those transactions) and eventually caught these people that are behind all of these.
But, what if they use a currency that are free to its utilization? Free from crime, and free from recognition. Here comes the concept of cryptocurrency, decentralization. By this people who're using this kind of currency to that platform will just going to easily slip through any illegal acts. They can pay for the Porn, buy weapons, drugs etc. and won't be caught by the government, because they are incognito.
Also this is one of the reasons why some country bans cryptocurrencies.