Bitcoin Forum

Many prominent BTC people are in US jails.

When you hear some service or website related to crypto has been closed, anywhere in the world, the FBI/US authorities are always involved.

The US dollar is of course the biggest currency in the world, and the US is printing it.

Don't you get the feeling the US is trying to kill a currency that could compete with its own, and that it couldn't control ? I do.

Discuss !

i dont think so btc has been missused which it had to be since it had to gain some acceptance as a currency, you need to be able to buy something with it to get it accepted as a currency.
they just clean up  bad "roumors/press" since btc is mostly connected with crime
just my 2 cents

Do you have evidence to prove what you are saying. It does not been involved by illegal users alone, its been used mixed society people even USD condition is also same. So are gonna arrest the USD users, I am citizens of USA. Simply disgusting about bitcoin. These kind of thread will never let any newbie investors to invest on blockchain based projects.

USA is one among the biggest market for bitcoin, also it has got the increased user base. Everywher scammers will be there, but in USA this kind of crimes can be taken to the police for investigation and the persons were caught. In other countries its hard for people to take it to the police as they itself is unaware of cryptocurrencies.

It's been quite obvious from the start that the US government does not like the idea of cryptocurrencies as it takes away the ability for them to manipulate your own money in their interest. Too keep Bitcoin at bay, they try to take it down as harsh as they can, but due to the sheer demand of Bitcoin, I do not think that it will be possible any time soon.

I still remember back in Libya when Hussain wanted to be paid in Gold instead of USD for the oil that the US exported from there. The US didn't like this as Gold actually holds physical value while the USD doesn't. As a result, they labelled him as a bad person and had him killed.

Those prominent BTC people are in jails because of any illegal activity (just like any illegal activity with fiat) not because of Bitcoin. I am glad governments and law enforcement agencies are curbing illegal activities. This will increase the trust of people in Bitcoin and this will make those criminals realize that they can't hide behind Bitcoin. It is not completely anonymous and thus Bitcoin is not the one which helps criminals rather it helps law enforcement.

For me it's not news. Capitalization of bitcoin is now $ 45 billion and that the direct loss of America. Previously, these amounts were kept in dollars. This is only the beginning. Americans understand this and will declare war on bitcoin. We are only at the beginning of this process.