Post
Topic
Board Legal
Re: How is bitcoin supposed to be?
by
Irvinn
on 11/08/2018, 06:45:31 UTC
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. 
According to studies, bitcoin for illegal purposes is used from one to ten percent of cases. This is a very small percentage. All advanced technologies, and even just sharp objects are used by criminals. Maybe we will not allow people to have kitchen knives, they are very often used by criminals for murders?
 This problem with the use of bitcoin for criminal purposes is absolutely conceived. It is very beneficial for states and banks to further use this topic and restrict it in circulation, or even ban the decentralized crypto currency and, above all, bitcoin.