Since Bitcoin was ever released, I've thought of the possibility of this. Will crimes be easily funded now due to bitcoin and it's anonymity? How do you think the authorities will combat this? Will this lead to a decline in the price of bitcoin? I've had this on my mind for a while now and I would like to hear your guys opinions.
There is a possibility of that happening since bitcoin transaction mostly hides identity of the sender and removes any connection to any crime doer. Bitcoin can be used in both good and bad purposes that may lead to a change in a persons perspective towards it.
That's what the government is concerned about a few years ago? bitcoin with no authority and any control would easily fund a crime. let alone anonymous on bitcoin make sender and recipient become unknown identity? the government is trying to ban bitcoin because of it? but bitcoin can not be stop? do you think any a win win solution for this?