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

The anonymous feature is what makes Bitcoin so compelling now that it's hidden, not the function that causes it to crash. If Bitcoin is banned, it may be affected by the price, but it is pushed further because criminals continue to use it for exchanges. So this has helped Bitcoin move to the moon.