Post
Topic
Board Bitcoin Discussion
Re: Bitcoin adoption and increase in crime rate, how correlated are they?.
by
rodskee
on 17/08/2021, 10:18:32 UTC


Just to highlight a paragraph from the article;
Quote from: Kidnappers Kill Venezuelan Citizen for Not Paying Ransom Requested in Bitcoin
The popularity of cryptocurrency in the country has caused an increase in scams and crime using these new assets. Cryptocurrencies, due to their innovative design, can sometimes be more difficult to track than money moved via traditional fiat avenues.
https://news.bitcoin.com/kidnappers-kill-venezuelan-citizen-for-not-paying-ransom-requested-in-bitcoin/

 
This is alarming because the crypto related cases is not just increasing but also getting dangerous each year , in the past ransom is being asked but there is no killing happens but now? this is an obvious attempt to scared all crypto holders in the world that they can be treated like this if they don't cooperate in those crimes.
Now this made me the think of declining to expose any other way of my KYC as this is the only way why we are being exposed from this criminals.