Quote from: buwaytress on December 13, 2023, 04:47:32 PM

Quote from: Nwada001 on December 13, 2023, 07:10:58 AM

Why is it always bitcoin? Making the news and headlines look like bitcoin is always used for illegal things, and all of that as if it's the only coin that could be used by criminals and it won't be traced.

It's not always Bitcoin. But perhaps it's a recognition of the fact that Bitcoin is, in fact, the most widely accepted currency in the world. Someone forgot to tell them it's a lot more traceable than regular money though...

You're right of course, this is the typical misleading headline that makes you think this equates Bitcoin to crime. No one demonises the US dollar -- by and large the most popular ransom currency.

Well, they demand bitcoin simply because it's untraceable. Yes, bitcoin has nothing to do with this thing, but the thing is, people or hackers like the group mentioned taking advantage of the advanced technology of bitcoin to ensure that no one could track them. They used bitcoin to hide where the money goes or who's going to receive it. This indicates that the hackers are knowledgeable about bitcoin, and that's why they are using it for their own good. That's exactly why bitcoin or cryptocurrency is still hard to accept by the government, as no one owns it and no one could manipulate it. That's why many people are using it for crimes. I'm not against bitcoin; in fact, I'm a long-time investor in this coin, but yeah, let's not ignore the fact that bitcoin is being used in multiple crimes.