Post
Topic
Board Bitcoin Discussion
Re: Bitcoin will kill itself
by
Crystacool
on 29/03/2018, 18:39:22 UTC
One of the best features of Bitcoin is it's anonymity. This is also one of the reason why countries are banning or at least hesitant to embrace the technology. From money laundering to illegal drug transactions to human trafficking. We always blame the FUD from mainstream media, financial institutions like banks, the government etal. But do you think, the one that would "kill" Bitcoin is actually the nature of it.

Here's another news where Bitcoin was being used in an illegal activity. This will raise a lot of eyebrows because it concerns our children.

http://www.news.com.au/finance/money/investing/bitcoin-could-become-illegal-after-its-blockchain-was-discovered-containing-child-abuse/news-story/bf486e6e8de453fd7ad2abba019952dd 
Bitcoin is anonymous and decentralized. So some criminals use bitcoin as a way of using money for crime. But only a small fraction of bitcoin is used as a crime fund. This is not a reason to deny bitcoin. Now that most criminals use legal money to commit crimes, should we ban fiat money? I think the answer is no.