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Bitcoin won't fail because the criminal underground have accepted it. It is the perfect way to pay for drugs or other illegal activities. No way to stop, no way
by Cort3z 13y ago
Bitcoin won't fail because the criminal underground have accepted it. It is the perfect way to pay for drugs or other illegal activities. No way to stop, no way to trace. They reduce the risk of acting out their criminal affairs. They no longer need to move money across boarders, thus basically halving the risk of smuggling things.
Power to the people, right?
- aianus 13y agoI wonder if the price of drugs will go down as Bitcoin becomes more liquid and/or anonymous.
- djur 13y agoCriminals are still going to need to convert their BTC to currency in order to do most of the stuff they want to do with it. Enforcement agencies will just have to keep track of large transactions where people are cashing out their coins.