Post
Topic
Board Bitcoin Discussion
Re: Why bitcoin can not become a global currency
by
CarnagexD
on 08/01/2020, 16:07:14 UTC
Hi, Gents,

I think there has to be a way to create a tracking system for bitcoin. Every wallet must contain ids. Otherwise, bitcoin can be always used for money laundering. If you want to launder money, you can find a cash seller everywhere. After bitcoin is bought, noone can prove whose bitcoin it is. I think this is the only think that preventing bitcoin to become a global currency. Do you think it would worth this much if it is trackable. I dont think so. There will be altcoins that work with tracking system and ids. They will become a global currency. Bitcoin? I think never. What do you think?
Setting up a tracking ID for wallets that store bitcoin will defeat bitcoin's purpose of being a decentralised and secure coin. Since anyone who can get a hold of someone's ID can just steal money from them in any case. Bitcoin in itself has the potential to become a globally accepted coin. It just so happens that we don't have the best technology as of yet to support bitcoin. That is why it's currently used as an asset