Quote from: agustina2 on October 03, 2019, 03:26:31 PM

Quote from: Thefrolly on October 03, 2019, 08:35:56 AM

This is what people and the government say when they want to go against and attack cryptocurrency. It is an agreed upon fact that even before the existence of cryptocurrencies, money laundering and terrorism has always been a major crime, so cryptocurrency is not what is being used to foster these crimes. More energy should be focused on the crimes to tackle them, rather than spreading negativity on crypto.

But still, we can't deny the fact that some of the cryptocurrency users today are using crypto in different illegal activities. It is one of the realities we need to face. And as much as we hate to hear it because it makes such a bad image to bitcoin and other cryptos, it is really happening now. The criminals, terrorists, and drug syndicates are also adopting the use of this kind of technology to make their transactions at ease and their identities are hidden.

Because of that, we can't blame other people to think negatively about crypto though this issue has the same principle with our own money (fiat). It's also use for this kind of stuff, and yes, even before crypto has been invented.

Money is not actually a bad thing. It only becomes bad when it is used for illegal activities. It's the reason why money is defined as the root of all evil, but it is not the evil itself, it's the people who are because they choose to use it that way.

Currency is neutral and can't be good or bad.

You actually can blame people for being ignorant it takes 5 minutes to do research on any topic in today's world. We have a library before our very eyes and in this age of knowledge and technology, there is no excuse for ignorance of any kind.

Thinking crypto is being used to fund terrorist activity is pure paranoia and is ridiculous. Just looking for a place to pass the buck.

Quote from: Herbert2020 on October 03, 2019, 03:40:27 PM

99% of the cryptocurrencies aren't even big enough to be able to cover transactions of a single super market let alone want to be used in money laundering and terrorism that are handling billions of dollars at a time. not to mention that majority of altcoins are indeed shitcoins that lose value in a blinking of an eye. no money launderer would ever want to suddenly lose a huge percentage of their money.

they still stick to using USD because it is the most reliable currency for illegal activities with the most stable value.

Exactly thank you. They go on and on about money laundery but have such low withdraw rates. They want to control us not protect. People who launder money do so in massive amounts not the amounts we trade in.