Bitcoin, Cryptos and their criminal veto

2 29
Avatar for martinezdamp
4 years ago

We know many topics related to Bitcoin and cryptocurrencies, their great momentum and growing popularity make them the target of countless criticisms and alleged weaknesses that their detractors do not skimp on educating with depth and content.

The eternal fight of Bitcoin and cryptocurrencies against criminality has become almost a quality that many still associate without even knowing that less than 1% (2018 record) of crypto transactions are associated with illicit activities . Personally, I don't think this number has changed much over the years.

Under these conditions, consider that the original and underlying digital assets make up the platform for all dark market businesses to evolve and transform this path into an optimal path for the delivery of whatever misdeed is imagined.

Certainly you can search and find a lot of information on how Bitcoin and cryptos are used in money laundering; You can find all kinds of illegal activity and all kinds of companies or criminal institutions with initiatives to use these networks to go deeper into money laundering as a result of these criminal actions.

The interesting thing about this world is knowing that the words decentralization and independence are perhaps the most important property that we observe in the cryptographic world. Nothing is except malice and comprehensiveness, but if we compare with the criminal affluents that associate with the fiat world, or even with metals and other equity derivatives, cryptography at least has the descent to be able to leverage responsibility and even now more than ever know regulations that reinforce the control of your operations.

There is still concern in many government entities; The advancement of technology is inevitable, in these times it is part of our evolution, and already the issue of illegalities with Bitcoin is a scenario that does not hit much, unfortunately for the detractors of cryptocurrencies, the regulatory institutions, are the first to offering freedoms and this is the dynamic of Bitcoin, despite having a "semi-decentralized" scheme, it can operate with low rates that impact the black market.

This crime, is a taboo that must be overcome, and yet, do not get me wrong, it will exist, of course, but not with the magnitude that they always want to qualify and postpone its massification that, personally, is unstoppable and its stay alone it marks the versatility and freedom that we all crave and that distance us from this debtor system and in which we are already beginning to suffer its effects.

I make it clear that this article is my own creation and you can also find it on my Publis0x blog under the following link.

https://www.publish0x.com/cryptographic-alchemy/bitcoin-cryptos-and-their-criminal-veto-xmdleon

8
$ 0.45
$ 0.45 from @TheRandomRewarder
Avatar for martinezdamp
4 years ago

Comments

I hope so

$ 0.00
4 years ago

Yes,bitcoin cash is becoming popular day by day. Thanks for sharing an amazing article.

$ 0.00
4 years ago