Quote from: serveria.com on August 11, 2023, 10:57:44 PM

Quote from: Y3shot on August 07, 2023, 09:22:05 PM

Because of bitcoin does not give public details of people who make transaction with it, some people do say it promote crime. People needs to understand one of the features of bitcoin is freedom that anybody can get access to it, it does not discriminate. The privacy features of bitcoin is very important to humanity, which I know one of its advantage is for safety by using cryptography that makes all transactions safe and encrypted.

Privacy in transactions of bitcoin is much important, if their was no privacy it would have cause several criminal attacks. For those who think bitcoin encourages crime because of hiding public data of users don't understand the importance of bitcoin being private. Before bitcoin started existing monetary crime have been existing. Bitcoin is not a reason for monetary crime, bitcoin is just for everyone and does not discriminate but accept everyone.

Anonymity and privacy is not a crime! Although Bitcoin is only quasi-anonymous and transactions could be traced down to an exchange account/address for example. There are some ways to avoid detection though by using Bitcoin mixers, Tor and DEX exchanges. Everybody should have a right to stay anonymous.

It will only become a crime if it is used to evade taxes but still, it is not the problem of the feature of Bitcoin, it is the problem done by the person using Bitcoin to evade taxation.

Quote from: Sakanwa on Today at 03:25:56 PM

Quote from: Agbe on August 11, 2023, 09:36:24 PM

Quote from: qwertyup23 on August 11, 2023, 09:29:08 PM

I just find it very unfortunate that media capitalized on this idea, thus increasing the stigma that BTC had been used for criminal activities.

anyone that so saying that bitcoin has been used for criminal activities so bitcoin is for criminal purpose, lack the reason of creating bitcoin and also don't know the uses of bitcoin and he is even confused about bitcoin so he need extra moral classes on bitcoin so he can develop the understanding of bitcoin and can talk about in anywhere. I have heard people saying that bitcoin is meant for criminal activities. They don't even know anything about bitcoin.

Illiteracy and ignorance make people say what ever they like about Crypto,it is normal for them to express the feelings about it but not to talk I'll about it because this is what has really made some many people live bouyantly.I wish they understood that Bitcoin is not related to crime in any way,it is a legit and legal way of making money through investment,either long term or short term.This question of whether Bitcoin is crime related was asked by someone I know sometimes ago,and it only takes time for you to explain in details what it's all about before they will believe you.But if they don't believe after explanation,then there is nothing to worry about because you owe no one explanation.
One will wonder what the activities in bitcoin are that gives them the money,but it is left for you to tell them the things one does that makes the money available which also gives them and edge over other financial sources.

Not only Illiteracy but mostly those who wanted to demerit Bitcoin has their own agenda and wanted to stop Bitcoin from growing. They are probably more knowledgeable than us when it comes to Bitcoin understanding, the reason why they can easily twist facts and promote misinformation to the masses. Illiterate people will not come up of something and say it, they will just listen to others and make a rumours about it.