Post
Topic
Board Bitcoin Discussion
Re: Btc crime
by
Beparanf
on 22/08/2022, 10:28:12 UTC
Recently 3 suspects were arrested by Israel police for laundering money internationally through crypto. This money was stolen from France. This is a major international money-laundry.
I don't really understand that what do you meaning by your title . How it could be called  Bitcoin Crime? The crime was committed by those three people, those who stole money from France. The crime word should be attached to their name, not to the name of Bitcoin. And everything has both good and bad sides. The real issue is where and how we are using it. There is no point in blaming that thing for our mistakes.

I think he just want to emphasize crime that involves Bitcoin which newbie user usually overreacting when they heard this kind of news as if fiat money is not use on this kind of illegal transaction. Anti Bitcoin people usually focus on the negative side of Bitcoin use compared to the benefits of Blockchain technology in different financial aspect.

In my country this kind of news is the reason why Bitcoin has a bad reputation to common people here. They are afraid to invest on Bitcoin because they think it was scam since it was being use by scammer to scam uneducated people to a ponzi scheme.