Here's a nice read on the growth of cryptocurrency vis-a-vis the attacks that seem to hinder it also:
"Since they first hit financial markets, and moreso as their popularity expands, cryptocurrenciesspecifically the decentralized digital technology that underlies alt-currencieshave also been a lure for individuals looking for an efficient way to hide their identities, activities and illegal financial transactions. Even as the number and types of tokens proliferate, certain alt-currencies have also become the aiders and abbetors of criminal activity, darkside coins if you will."
Read the rest of the writeup here:
https://www.investing.com/analysis/as-cryptocurrencies-proliferate-so-do-certain-criminal-activities-200302190Well, what do you mean by that? What you need to abandon technical progress, because some criminals can use these inventions for their own purposes? Many digital coins, such as monero, Zcash, Dash have a very high degree of anonymity and can be used and will be used by criminals. This is inevitable and natural. Let the law enforcement bodies deal with this problem. , this is their work. And we will do our own thing.
I am sure the law enforcement is actually finding a way to deal with that and over time, lol; we will get to know what stands for the future of these currencies.
For instance, Japan passed a new policy on exchanges removing any anonymous coin by June and if every other country starts taking this cause, I believe there may not be enough room for reputable exchanges for these coins anymore. Crime has been in existence, and this has made it easy for the perpetrators and obviously we cannot expect government to keep silent about it.