Post
Topic
Board Bitcoin Discussion
Re: Early signs of crime with bitcoin.
by
masterrex
on 14/12/2020, 10:56:52 UTC
When the world is gradually accepting bitcoin, the already made bitcoiners are using those little opportunity to commit various crimes with bitcoin.
  A Russian was sentenced to French prison for bitcoin laundering.
 Source : https://apnews.com/article/cryptocurrency-paris-money-laundering-bitcoin-russia-61b5109e954f494b80d51c452b3b18e2
It is also said that this is not his first crime using crypto currency.
 This are one of the reasons crypto is still rejected .
 What are your thoughts on these?.
 


Mate that was a personal motive, and does not reflect why Bitcoin is rejected in some countries. For me, the biggest issue/causes why Bitcoin was put on hold/rejected in some countries/territories is because of the regulatory issues/laws while some countries impose the ban on cryptocurrencies in order to protect their financial services/Finance base industry because they know already that Bitcoin and other cryptocurrencies are more efficient compared to the old system that most countries have using. just my opinion!