Re: Bitcoin will kill itself

Quote from: otandelapaz on March 23, 2018, 08:28:47 PM

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

Cash has been used for all of the above for decades, and provides just as much anonymity, which is why many governments are pushing for the cashless society. And while BTC transactions are anonymous, they don't happen in a vacuum, especially when used for illegal activity. Just because BTC was used as a payment method, it doesn't mean the criminals have removed all traces of being found.