Post
Topic
Board Bitcoin Discussion
Re: 76% of dark market using Bitcoin
by
Mpamaegbu
on 15/08/2019, 02:44:33 UTC
CipherTrace just published their Q2 Cryptocurrency AML Report and found it interesting that Bitcoin still reigns king in dark markets and cybercrime. Most people associate privacy coins even just 4% involve Monero.

Even in the case of malware and ransomware, ETH used in only 1% of instances and BTC used in 98% of cases.
Whether ETH or Bitcoin, the fact remains that people will always use whatever means that's simple and functional to get whatever they want out of something. I don't think criminalizing Bitcoin just to give it a bad name with the darknet stuff helps the entire crypto industry. Mind you, if Bitcoin goes down all other coins follow too. We have to make it a point to highlight those articles that advance Bitcoin so as to aid this industry.