Re: How is bitcoin supposed to be?

Quote from: CDAnggoro on April 11, 2018, 06:32:36 AM

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime.

I think the most likely answer is KYC for the investors in which it is proven effective until today as the government can easily track the Bitcoin holders and investors background. Then for ICOs they should required KYC and SEC regulations to ensure that the facilitators are legit persons with real projects.