Re: How is bitcoin supposed to be?

Quote from: CDAnggoro on April 11, 2018, 06:32:36 AM

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.

Requiring Crypto users of their complete details thru Know your Costumers documents are enough to ensure Bitcoin will be use only in legal activities.Most of the contries that regulated Bitcoin thru KYC requirements did not encounter any trouble and difficulties from the crypto users so i believed that this KYC is enough to protect Bitcoin from illegal people.