Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin used by criminals ?
by
bgsmrtftboy
on 25/01/2018, 09:41:44 UTC
I once read an article that says bitcoin is used as a payment transaction for terrorists and hackers. And maybe you guys in this forum also already know it. But here i want to convey my personal opinion in that matter. I think that internet and bitcoin interrelated. Many terrorists and criminals use internet .so also with bitcoin which used perpetrator However, despite all these issues, do people make concrete efforts to ban the internet? No. Not because removing and banning Bitcoin is difficult, but because the internet offers more positive than negative. For the same reason, we have to be more careful about our mindset for Bitcoin, because much evidence has shown that Bitcoin brings many positive, if not more, effects than the internet. Internet and Bitcoin are just devices that 'bad guys' and 'good people'. Fortunately, the world is filled with more people in the 'good people' category.
Everything has both good and a bad side. Any transaction with regular debit or credit cards can be monitored and controlled by banks and government.The same way traditional money is used by everyone including criminals.

Not only Bitcoin but many other crypto currencies are being used by criminals. More effective as other coins such as Monero which provide full anonymity and completely un-traceable transactions for it's users.