Post
Topic
Board Bitcoin Discussion
Re: Bitcoin will kill itself
by
guppak
on 03/07/2018, 20:21:44 UTC
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 
One of the best features of Bitcoin is its anonymity, this feature becomes a new crime opportunity under the guise of Bitcoin such as money laundering, illegal drug transactions, to human trafficking. This if left unchecked will bring up the pros and cons, so some countries think this bitcoin is dangerous and that potentially kills Bitcoin, there must be a way to anticipate it!

Bitcoin is like any other currency that serves as a medium of exchange so anyone can use it like any other currency. Yes, we all pout at evil but let us alone; do people not commit crimes before bitcoin comes? What currencies are they using? Criminals will always be criminals whether there is bitcoin or not.