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
The real problem is that the government and the world can't control, so they are frightened by the flow of crypto funds. The crypto decentralization system cannot be controlled by anyone and it is against the government. The problem of misappropriation of crypto funds, I think it is only a small part of the problem. The government is trying to raise as a tool opponents of digital money policy. Although I believe that currently there are still some peculiarities such as transaction fees, dense networks, scalability. In addition, instability may make people disadvantaged or benefited. But that's not a good reason in my opinion.
Sure, but my point is that those scumbs talk about crypto (and they include Bitcoin here, I do not) as if criminal aactivities were only performed with crypto. This is sand thrown into the eyes of the less aware people. People that knows very little about crypto (and Bitcoin mostly). And they take it as true without even thinking of what is actually going on with all fiat currencies which moves billions in crime, mostly polititians (governments, states) and big enterprises financial crime. It's absurd the statement that crypto is used mostly for crime!
This is common with the cryptocurrency market. Some people can't be made to understand what is cryptocurrency or something else. When they themselves start knowing about it, they'll progress and some unwanted clash. Now things were different and people know the truth happening with bitcoin. So, for some people to have the real meaning is not easy and until then holding is the right choice.