Post
Topic
Board Press
Re: [2019-08-24] BTC Transactions Lead to Int'l Drug Trafficking Ring’s Arrest
by
nulltxmark
on 28/08/2019, 17:37:30 UTC
This article has a clear contradiction. It speaks of the fact that they are using BTC as a tool of privacy and hence out of sight of governments. On the other hand, governments are monitoring these flows.

Quote
More specifically, they are monitoring Bitcoin revenue streams.

This is a weak argument. When there is no other reason to ban something we start to create fears about it so that people avoid.
I do not know what the real ratio is, but more people are speculating than the number who use BTC for dark activities.

The article mentioned bitcoin as not private nor anonymous, however, it is perceived to be. It is not the article's fault that the clear contradiction is the 2 Chinese individuals who want private transactions but used bitcoin hehehe.

Bitcoin is technically "pseudoanonymous" but most people treat it like Monero for some reason...