Quote from: o_e_l_e_o on July 12, 2020, 08:32:43 PM

Quote from: avikz on July 12, 2020, 01:41:54 PM

But most over-used feature of bitcoin by the scammers, money launderers, terrorists, drug dealers, arms dealers, Child pornography makers, PII sellers, contract killers etc.

A meaningless argument. Privacy is the most over-used feature of cash by the scammers, money launderers, terrorists... etc.

The entire point of money is that it can be traded for goods and services. The entire point of trustless, decentralized, money is that it can be traded for any goods and services. Drugs are the second largest market in the world after food. Every fiat in existence has been used to buy drugs for thousands of years. If bitcoin couldn't be spent on drugs, then it's not really money, and it definitely isn't decentralized money.

A minority of bitcoin spending is on illegal goods and services, and of all illegal goods and services being bought, a tiny minority of them are bought with bitcoin.

Makes sense, only if you want to glorify the crime! I understand drug is a big market worldwide and fiat has been used since thousand years for drugs but is it really where you want bitcoin to thrive on? Personally, I don't! But that matters least!

I also understand the fact that bitcoin network can never be cleaned completely. It will continue to be used for darknet transactions and for various illegal things just the way fiat money were used earlier.

The only thing I want to point out that "Privacy" is a feature that is being leveraged by the criminals worldwide and darknet is one of the prime examples! This illegal things would have thrived without bitcoin as well, but bitcoin (and Monero offcourse) is making it smoother for them!