Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin will kill itself
by
daoquanghuan
on 09/08/2018, 06:18:33 UTC
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 
Bitcoin is a currency with its own pros and cons. You only mention the disadvantages that forget that the bitcoin has outstanding advantages such as ability to pay transnational, less transaction costs and completely decentralized. For some issues, some countries have not accepted bitcoin yet, but some have accepted and developed it. The market is always growing and hopefully in the future it will become popular.