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.
In my own opinion, government should not count the crime that came from cryptocurrency because even fiat are being used by bad people if they really intended to do such illegal activities. Bitcoins is just like fiat and it depends on the people if he will going to use the wealth for good or not but they should not ban cryptocurrency since it was helping different peoples lives.
Exactly, they can't count on the crimes that happened in using bitcoin because the fiats also are often used by the criminals but they can't cut off those criminalities. Besides, not all the crimes related to bitcoin are because of bitcoin it was the problem of the user anyway if he would used it in a good or in a bad way it was there choice.