Myth;Cryptocurrencies Are Used For Illegal Activities.. How On Earth Is That Possible

**It’s not a good idea to commit crimes with cryptocurrency, immediately you have a weak link in your operational security all your history is now exposed. It’s not just traceable and easy to control, it’s much more trivial to trace these things..**

This is going to debunk most problems that exists, “How do you see or visualize cryptocurrency generally?” A figment of what is used only by drug dealers, money launderers and maybe some more criminals. “Do you believe it’s the greatest scam the world has ever seen or heard of?” Sure that’s what we all hear and it gets worse. We can confirm this that from years back compared till this point it is a lot less because most people irrespective of the name realize how ridiculous it may be, but there are millions or billions of others who still believe it.

Firstly saying it’s only used by criminals would mean 100 percent of all transactions are illicit but don’t we all know it’s the opposite sides, where not one transaction on the blockchain should be considered as being illicit. Secondly, How will people bank on performing illegal transactions over a network that saves every transactions forever, inevitably the blockchain has been built over for that purpose so it’s not the smartest move or decision to take.

There will be an exposure to whomever it is, planning a coup to this function. You don’t disengage an activity, saying cryptocurrency is illegal is not the problem but trying to believe that all function based programs can be pulled down by just a singular act is more like saying all mobile carriers can be shut down because someone used a cellphone to channel money somewhere. The goal is to change the structure, to make criminal mindset towards incentives less attractive.

Bitcoin and it’s counterpart’s can’t suddenly fade away when it becomes an instrument or a device to engage in the wrong path, it will retain what it is for years to come. It can actually be a force for peace and freedom, and the good sides always outweigh and knock off the bad.. it must depend on what it’s main usage is for and based within a controlled asset, not just for any form of criminal actions. Take note on what aspect all of this really comes into play, on a more comprehensive note I will like to ask everyone “What have you used your crypto earnings for, right from when you started earning on these two platforms (read.cash and noise.cash) or any other channel?”

If anyone has what it takes to pull of a breakthrough or a heist within the system, have it in mind that no one gets past a specific barrier. You are being monitored and every activity altered leads back to the main link. The mistake most people fail to understand before now is that, high crypto based project have public ledgers that can be seen and eventually that person will be caught. No transaction is anonymous to a main user, because everything is booked into a public ledger.

There will be many more cryptocurrencies that will exists months and years from today and maybe Bitcoin itself can be used for payment as a store of value.. So basically we can see a lot of public establishments and no one would want to take the back sides.. So therefore, there are still people or group of people who are still using and have made use these opportunities for good and not bad.

For everything good in life, it always has something trying to pull it down or spoil its reputation even when it’s so tight to do so.. Then I practically ask myself “why try so hard to successfully take down a chain when we can just do things normally like everyone else..

Can we all try to perform this thing together and let’s see if we will get caught… this could be me trying to bring everything all up in my head to life…where do we all start from;

Image source

“let’s say we planned how to divert certain funds of people separately into a wired source and we all agreed to move out a total of $2m. After days of working tirelessly, we had a full team with several jobs allocated.. and after the first one was gone and successfully placed in the right destination we felt pleased with ourselves. And we began moving the second, third and fourth from four individuals respectively.. in our minds there’s no one monitoring but whilst we where about celebrating our victory, we noticed a change in the coding system and all that was moved where traced back to the wired source… it’s not even making sense at all, that this could even be thought of..”

I really do hope I have said a few back stories to support my point of view… this isn’t a financial advice whatsoever, pease learn to DYOR if you have to.. we can’t take off the intention of anyone towards a criminal act, but it’s simply a waste of time and energy on what is impossible to do.. There will be rug pull, we can see that happen in recent times but most of these things happen when a system isn’t decentralized… I believe we must conduct a research on where we place our money and bet on..

slp address:

simpleledger:qpwnqc4skmkm8uterwfkzyuyn986dd7qau7fgcgk0p

Smartbch wallet:

0x3c13dC5662d437de2a4102dA3B00A8f57d5e1E20

December 2021