Post
Topic
Board Economics
Re: Crimes involving crypto have risen
by
Faxmate
on 27/07/2019, 19:35:47 UTC
"Nearly 2.7 trillion won ($2.3 billion) have been lost to crimes involving cryptocurrency in the last two years, according to South Korean government data."

where do you see the improvements being made against crypto criminal activity. this can really hurt the price for traders/investors if conditions don't improve.
Crimes existed from the very beginning. People steals fiat money everyday. Did we ever say that "no criminal activities will take place with crypto currencies"? Nope, we never said that. Now people may argue that they are anonymously doing all those illegal activities using crypto currencies. Well, people used to do that same thing before crypto currencies were invented. They used prepaid cards or gift cards to do those illegal activities. It is just that the media starts to exaggerate when it comes to crypto currencies.
Yes that is true, because cryptocurrency itself has become something negative for ordinary people so that when there are crimes involving crypto it will become big by many media. But, when mass adoption continues and there are many people who believe in cryptocurrency, I personally believe such crimes do not have a negative impact on cryptocurrency growth.
Crime and  crypto both had no connection because both of then are being done for different purpose we know. Crypto currency is making our life good it has positive change in our life and crime is bring in our life since long from the time when bitcoin was not even invented so bitcoin did not increase the crime in our life.