Post
Topic
Board Bitcoin Discussion
Re: Using Cryptocurrency for Dark Web
by
squatter
on 21/09/2018, 21:40:12 UTC
Last night, I saw a movie called Unfriended: Dark Web wherein one of the main characters stole a laptop, which he later found out that it is owned by a member of an anonymous group in a Dark Web. This member sent him bitcoins totaling to $10m to make him do terrible things, dragging his friends into this mess. This got me thinking, I know it is probably possible to use crypto for dark web, but if this is how it is going to be, don't you think that this will make bitcoins and other altcoins dangerous? Can a person really use cryptocurrency for Dark Web?

I wouldn't take Unfriended as a realistic representation of the dark web. The consensus seems to be that it's a really crappy horror movie which is riddled with technical inaccuracies.

Yes, cryptocurrency can be used for dark web activity. It's much better than anything else so far because it's transferable and pseudonymous. But not all darknet activity is illegal, and the illegal activity is no different than what you see in traditional black markets that trade in fiat currencies.