Post
Topic
Board Bitcoin Discussion
Re: Early signs of crime with bitcoin.
by
so98nn
on 17/12/2020, 03:17:10 UTC
[...]
 This are one of the reasons crypto is still rejected .
 What are your thoughts on these?.


I dont think just because crypto is being used for money laundering is the prime reason for its rejection?
That's a obsolete statement because every currency or commodity can be used to launder your "one form of the money into another".

I mean, the laundering itself means you hide your assets by covering it up with another asset. Whether it is bitcoin, fiat, gold or diamonds for that matter, they all can be used for the laundering of money.



Bitcoin, on the other hand has more potential than just money laundering.
It's technological advancement for easing day-today transaction or the way we make payments. Comparatively it might be slow, but it's giving us lot more opportunities than negative feedbacks.

It's a decade worth artwork, still under preparation. Give it time, and they will understand it has lot more positive things to accept it.