Post
Topic
Board Bitcoin Discussion
Re: Countries have banned Bitcoin; Do you believe is because of criminal activities
by
darkv0rt3x
on 18/07/2022, 10:01:47 UTC
We all know that bitcoin/crypto being used for criminal activities is only minuscule. Countries just ban Bitcoin because they know they can't control it; simple as that.

This is kind of my stance too.
But now we start seeing other arguments such as the mining operations consuming too much energy. This is another crappy argument as we see from several studies and statistics that the financial system uses way much more energy than Bitcoin. And as the time goes on, renewable energies will be cheaper, so eventually they will become profitable to mine bitcoin.

The argument that Bitcoin is used for illegal/criminal activities is just a joke. Tell me which currency is not used for criminal activities?? Or tell me the volume of fiat money involved in criminal activities and the volume of Bitcoin involved in criminal activities. This must be a joke! lol