Post
Topic
Board Bitcoin Discussion
Re: is Bitcoin used to extort people?
by
choychoy
on 29/05/2018, 13:49:52 UTC
I think not, but it is the individual nature of the mechanism of extortion technique through crypto transactions. Why do so many people use the reason that bitcoin is often used for crime or negative transactions. in fact, the individual itself is the source of evil. When they start to blackmail we can not give them what they ask because if we do not guarantee when the money will come they will not do the same.
Yeah it's not the bitcoin or the cryptocurrency has the problem we as people are so brilliant to find ways how to take advantage on the loopholes in every technology. Even the fiat money had been exploited with those types of people.