From recent news in India it is heard that bitcoins are used to sell drugs..I know its a currency and it is also used as a normal money... but these can create a bad space in people's mind that bitcoins are used to sell drugs..so they will not use bitcoins... Conclusion is that BTC is also a currency which is having a high value in the market..and bitcoins must not be used in these illegal activity which can reduce its usage and value.
thats some great bias in your statement there. another classic of the forum. you know what else is used for illegal activities? just about every currency in circulation in the world today, precious metals and gems, computers, you name it. it's probably been used for some sort of crime in one way or another. its not as if bitcoin is the sole object of value used in illegal transactions, people can just hand each other a suitcase full of bills, diamonds, gold, whatever.
Well, it is not the problem with Bitcoin but the human involved. There are also cases whereby people buy and sell drugs or involve in any illegal activities using fiat.
exactly. as long it holds value to someone, it can be one of the objects in a trade, be it illegal or not.