7 ms·

Yikes. Bitcoin: the best for illegal transactions. That's not a positive attribute.

• atwebb 9y ago
  Might be a good thing for bitcoin (heh) if that surprises you. That was pretty much it's public face for a long time thanks to the Silk Road and various mainstream pieces about money laundering.
  • daveguy 9y ago
    Actually it doesn't surprise me that much. Parents asked when bitcoin was around 10k on the way up if they should invest. I told them there will probably be value for a while because it is a money laundering Mecca, but definitely risky. For a while (up to 19k+) I thought I might have burned significant tech trust.
    • celticninja 9y ago
      money laundering via bitcoin, is overhyped and not as much of an issue as people make out. cash is always going to be king.
• modeless 9y ago
  It's not though; it's really a misconception. It's much more traceable than cash. Monero would be what a criminal would use.