Post
Topic
Board Legal
Re: How is bitcoin supposed to be?
by
KrishaBitcoin
on 04/12/2018, 02:32:19 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.  

Current regulation is already good for me like KYC as the crypto market is now average declining due to low demand as these illegal people are now prevented to hide their huge dirty money using Bitcoin and crypto currencies. You have read this link when Bitcoin is not fully regulated but with the present regulation status then Bitcoin is now safe to use by the legal people.