Ninjastic
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Topic
Board Bitcoin Discussion
Re: Bitcoin will kill itself
by
CrimBit
on 14/09/2018, 13:53:23 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 not made with the intention of being used for illicit activities was made to solve problems in a centralized currency. I think this is a weapon for the government and banks to thwart crypto efforts to be adopted globally because they are afraid of being replaced by crypto. only a small percentage use for illegal activities, and this is exaggerated by the news media.