Post
Topic
Board Legal
Re: Criminals and Bitcoin
by
Adairbillcoin
on 04/06/2018, 03:30:16 UTC
I have seen some news regarding hackers, terrorists, and other criminals using bitcoin for illegal trades.
How the police can find about these transactions?
Even if is hard to track illegal transactions, I don't think that Bitcoin can be a danger to society, since the problem is the society and its people.
Since the beginning of the internet this is happening ( the bad people committing crimes)  and no one is willing to shutdown internet because of that, so in that matters Bitcoin should be equivalent. I think those illegal transaction are one of the reasons some governments and the media are trying to depreciate bitcoin, but the problem is not Crypto/blockchain or Bitcoin, is just the society.
Everything is good and bad, the US dollar is so, gold is so, and Bitcoin is the same. People who are merely criminals take advantage of Bitcoin's anonymity. This has no effect on Bitcoin itself. It cannot be said that Bitcoin is a bad thing. It can also be used legitimately.