Post
Topic
Board Bitcoin Discussion
Re: 900,000 illegal bitcoins.
by
iTradeChips
on 08/08/2020, 07:11:50 UTC
At least 870,000 bitcoins are associated with illegal activities. This is about $ 10 billion.
....
One day, all these bitcoins will somehow hit the market.  Undecided
So what?
There is no doubt many more 10's of billions of dollars in fiat associated with illegal activities.
Fun Fact: At least in the West, check any large random sample of paper currency and there will be traces of cocaine on much of it. Does anyone worry about that? No.

Well if you put together all the money being generated by illegal drugs, black market, and illegal arms trade then it will surpass the amount of bitcoins that is being discussed here. So I do not really worry that this will affect bitcoin altogether. All of believe that Bitcoin makes us anonymous and most of us believe that we  can't remove the fact that there will be organizations and persons that would do illegal things with Bitcoin and crypto currencies.