Quote from: Aum Ram on June 26, 2018, 09:43:37 PM

Quote from: Crystal24 on June 25, 2018, 05:40:36 AM

The anonymous structure of the blockchain technology is a breeding ground for criminal activities life money laundering, drug trafficking?

This is noncence. This is the same as saying that knives contribute to an increase in the number of murders. But we use knives every day in the kitchen when we cut bread. A knife is just an instrument. Blocking is also just an instrument. Everything always depends on who will use this tool.

Excellent comparison, but he is saying Bitcoin are more suitable for crime than say, PayPal and we need to debate that angle. I am saying that it is not more suitable, because the knife has 1 sharp point and other payment methods like PayPal and Ice picks is better suited for that purpose.

Most financial crimes are still being done with cash because more people know how to use cash than people who know how to use Bitcoin.