Bitcoin's concept of anonymity is a hot target for the greedy. Its structure helps criminals do their criminal acts. They can easily participate on illegal transactions without being traced (or a high possibility of not being traced) by the authority. Decentralization also helps them in accomplishing some serious thefts and laundering because nobody has the power to freeze their money unless they're traced by the government. This is just one of the many things why merchants all over the world doesn't accept the idea of using bitcoin into their business. It seems to risky for them to touch knowing that there are many possibilities that they can be victimized by theft and frauds.
Nonsense. if that was the case they would not accept dollars.
Dollars fund wars.
Bitcoins do not fund wars.
War is in general a criminal act, few if any wars are in self defense, most wars are theft by a larger country against a smaller one because they can get away it.
but not because it if theft by a country it stops being theft, it may not be theft under the law because that same country that doing the theft is the one writing the law, but if we were to hear from the smaller country the one that is on the losing end they would say it is theft.
That is why in the world an international court with power it is highly needed, not a symbolical one with absolutely no power.
Going back to Bitcoin, Bitcoin is much more transparent than the dollar, the rules are precise and well known by everyone, there is even a public ledger which is the blockchain, on the other hand the Dollars operates in a very closed way with no transparency.
So if you are a crook your currency of choice should be the dollar, plus in comparison to Bitcoin they are easy to counterfeit.
I agree that wars suck, and dollars do fund wars. But how do you know that bitcoin doesn't fund wars, or that it won't in the future? How do you know that people on the other side of the world aren't funding some of the wars going on in the Middle East and Ukraine? Not to mention the potential use for funding terrorist activities...
To engage in a war, you have to
1. Buy lots of weapons
2. Remove large parts of the productive workforce (the workers) to use as soldiers.
2a) EDIT: Change the remaining productive capacity from consumer goods to war goods.
3. Tax the people
4. Confiscate land, buildings, ships, planes and vehicles
5. Loan money from the people of the country
6. Print money
When this is done, the people are hungry, freezing and sick.
The war will just die out due to lack of resources.
7 But wait... then there is banks. They can lend money to buy more weapons, and foodstuffs to the people. (Example now is IMF that lends to the Kiev government, demanding the donbas people crushed).
Bitcoin takes away points 3, 6 and 7. And with wealth hidden in bitcoin, much of 4 also. And if people understand the cost of war, and that loans probably will not be paid back, 5 also.
This is why bitcoin can change the world, if widely adopted.
