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Author Topic: Crypto, Cash and Drugs: Crypto Use Grows as Drug Trade Digitalizes  (Read 247 times)
eaLiTy
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October 12, 2019, 01:29:31 PM
 #21

This wouldn't have been possible to do without advanced technology like that Ciphertrace provides. Imagine if we had similar tracking to that of fiat
It just shows that BTCitcoin is transparent and each and every transaction can be monitored and people conducting illegal services with BTCitcoin can be traced and brought to justice and that cannot be said about fiat currency and still these stupid government stick to the claim that a percentage of BTCitcoin is used for illegal activities and in reality if you compare that with illegal fiat transaction it will be really miniscule.
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October 12, 2019, 10:40:27 PM
Last edit: October 12, 2019, 10:52:57 PM by rodel caling
 #22

Possible that is one of the sadness for this new technology crinminal use the technology for their illegal activities  using darknet transaction and of course difficult to trace the identity of the people use it in the bad.
But I think not only for the drug trades and so far their have nothing contrete evindence for that negative news effect from crypto and I believe all the problem have an solution.


This wouldn't have been possible to do without advanced technology like that Ciphertrace provides. Imagine if we had similar tracking to that of fiat
It just shows that BTCitcoin is transparent and each and every transaction can be monitored and people conducting illegal services with BTCitcoin can be traced and brought to justice and that cannot be said about fiat currency and still these stupid government stick to the claim that a percentage of BTCitcoin is used for illegal activities and in reality if you compare that with illegal fiat transaction it will be really miniscule.


Actually I still believe much more percentage that people use fiat currency than to crypto because we know not all country are accept crypto as legal.


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