Post
Topic
Board Bitcoin Discussion
Re: What is the fate of Scammers if bitcoin later becomes a traceable Currency.
by
CookieGums
on 07/12/2019, 13:41:30 UTC
Bitcoin as a currency that is decentralized, they is no Headquarters for Bitcoin and it has no Central office where they distribute information concerning Bitcoin, Like illicit transactions that money was lost but recovered after some investigations through the distributed information.

like someone said on my previous thread that more people will be comfortable using bitcoin if these features comes into place.

Share your thoughts.
When i start bitcoin almost 3 years ago. This is traceable already. But there is no office that can give penalty to scammers and no office and recovery that can help you with scammer. You must fully aware by yourself like me before transacting.

But i think i would be a good thing if there is recovery. The bitcoin will become more centralize. And many more people in the country will enjoy using the bitcoin. I am looking forward to this in future. And seeing bitcoin as the currency in every country