Bitcoin not the choice of criminals anymore

[sambel90129]

many countries are starting to collect data on bitcoin ownership, and many law enforcers have begun to validate blockchain by following all records that record each transaction up to the first transaction of satosi nakamoto the creator of bitcoin, so the perpetrators will certainly think again if they want to hide their money in bitcoin , and they will also think that transacting through bitcoin is very transparent, so how can bitcoin be the choice of criminals? ... unless a stupid villain ...

[St4yInTh3D4rk]

many countries are starting to collect data on bitcoin ownership, and many law enforcers have begun to validate blockchain by following all records that record each transaction up to the first transaction of satosi nakamoto the creator of bitcoin, so the perpetrators will certainly think again if they want to hide their money in bitcoin , and they will also think that transacting through bitcoin is very transparent, so how can bitcoin be the choice of criminals? ... unless a stupid villain ...

Bitcoin transactions can be traced but if we don't know the address of the user then it may be impossible to identify the users,I am not saying that bitcoin is used by criminals only but still it can be the choice of the people who want to make crimes like the hackers who want the payments in bitcoin for the ransomware attack and it will be hard to trace them once they got the bitcoins.

[maarx]

Many countries allowed their people to use bitcoin with some rules and regulations. This is to avoid illegal activities of using bitcoin. I would say, I it's one of the best platforms to convert the black money into white money. This leads to another criminal activities.

[KrishaBitcoin]

BTC us getting a much-improved image as US law enforcement acknowledges that BTC criminal use has declined dramatically.

https://forexmarketslive.com/bitcoin-not-the-choice-of-criminals-anymore/

Yes this is true that most of the bad guys are avoiding the use of Bitcoin in their self interest agendas but some time i wonder if this is will favor us or not because we all knows that these bad guys are Bitcoin holders before in which they help to increase the real demand of this investment but just in illegal ways.

[Seeker#9]

This is one of the reasons why some governments are imposing regulations on cryptocurrency exchanges because some lawless elements particularly in the online world are using bitcoins in their illegal activities. With the intensified monitoring and tracking by authorities that involves in anti cyber crime operation, many cyber crimes can be prevented successfully. Some FUDsters have been spreading fake news on the use of bitcoin by some criminals to make bitcoin as a bad cryptocurrency.

[DeadCoin]

I would say IT IS one of main platform for criminals to have transactions. Criminals are just hiding. Now they are educated and found routes to have decent steal like hacking. It's hard to stop them. Not where money is much circulated, there criminals be there to do their job religiously. No surprise though.

[St4yInTh3D4rk]

This is one of the reasons why some governments are imposing regulations on cryptocurrency exchanges because some lawless elements particularly in the online world are using bitcoins in their illegal activities. With the intensified monitoring and tracking by authorities that involves in anti cyber crime operation, many cyber crimes can be prevented successfully. Some FUDsters have been spreading fake news on the use of bitcoin by some criminals to make bitcoin as a bad cryptocurrency.

Darkweb is the place where most of the bitcoin transactions taken place,we need to agree that but the governments intention of regulating the crypto currencies just to make revenues that's all they are not interested in preventing those criminals because 10 years back they have full control over the money but did any country have crime free? So governments can't control the criminals because of the corruption.

[Pattart]

Many countries allowed their people to use bitcoin with some rules and regulations. This is to avoid illegal activities of using bitcoin. I would say, I it's one of the best platforms to convert the black money into white money. This leads to another criminal activities.

Then do you think every government should ban their people from using bitcoin? lol. it is not a solution but a government dictatorship
and failure to seek mutual benefits, in my opinion there is a middle ground to this, namely regulation..