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Author Topic: [2018-07-05] Bitcoin’s Next Big Battle: Restoring its Reputation  (Read 262 times)
gentlemand
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July 08, 2018, 10:54:33 PM
 #21

Not once have I ever heard anyone with any skin in the game whine about illicit transactions. It's still wheeled out by the clueless media but no one should care about them.

In this day and age you'd have to have a death wish to be attempting dodginess with BTC. The tools out there are too good to risk it, and we don't know what they're not telling us about.
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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July 10, 2018, 07:00:57 AM
 #22

We're already seeing this process happening, in my opinion.

Bitcoin has obviously been called various names and generalised in the past, but with the growing adoption base as well as the institutional investors now coming into the market, bitcoin has really been legitimised as a currency and as an investment. Not to mention new government regulations in certain countries that recognise bitcoin as something that is legal and legitimate as well.

It's not bitcoin's next big battle, it's probably a battle that has always been fought.

It's going to come naturally, imo. As adoption climbs and more legitimate businesses adopt bitcoin, it'll prove itself legitimate, and people and corporations will look at its positives more and more.
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