Reply to post: Re: Should Conversion of Bitcoin to Money Be Illegal?

Should Conversion of Bitcoin to Money Be Illegal?

imanidiot Silver badge

Re: Should Conversion of Bitcoin to Money Be Illegal?

the only people who currently use Bitcoin are criminal hackers, money launderers and drug dealers.

You are wrong there already. Only a very small portion of bitcoin is used for criminal activities. I would argue the vast majority of it is used as either a substitute for stock trading or as a form of tax evasion.

On top of that the only way to track bitcoan to a person when it gets exchanged for goods, services or "old fashioned" money. So no, it should not be illegal

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