Bitcoin and other cryptocurrencies undoubtedly offer new opportunities for financial transactions. However, they can also be used for purposes of financial crime, such as fraud and money laundering. The absence of central control and the pseudonymous nature of transactions make cryptocurrencies appealing for illicit activities.
What do you think can be done to mitigate the risk of cryptocurrencies being used for criminal purposes? What measures should be taken?
What do you think can be done to mitigate the risk of cryptocurrencies being used for criminal purposes? What measures should be taken?
Fiat existed hundreds of years before bitcoin, and for those hundreds of years, criminals have also used fiat money for their crimes. Why haven't I heard of any solutions to reduce the use of fiat by criminals? Have you ever thought about how without bitcoin, criminals would completely disappear? If so, I also hope bitcoin will go away, and criminals will be gone.
Are you a government person trying to spread FUds about bitcoin? Why don't you think of measures to prevent criminals from using fiat instead of bitcoin? The fiat market is still taking over the majority of our daily transactions as well as criminals.