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Topic: Bad name of bitcoin (Read 541 times)

legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
May 08, 2013, 01:04:56 PM
#5
If you can do it with dollars, you can do it with BTC. Including scams, money laundering, tax evasion. But just as with dollars, you may go to jail for that. 
In the future there will be more bitcoin regulation. I'm as sure of that as I am of bitcoins success. 
hero member
Activity: 980
Merit: 500
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May 08, 2013, 12:57:17 PM
#4
Whoever said it's purpose is to evade taxes. I dont think you actually understand bitcoins

You buy something from me, you pay with bitcoin, I give you merchandise. There is no middleman (government) . Therefore there's no additional taxation.
It's not a purpose, rather side effect.
legendary
Activity: 2142
Merit: 1010
Newbie
May 08, 2013, 12:43:02 PM
#3
... ponzi scheme, exchange, scammer lists, gambling and so on...

Sounds like u r talking about dollars. Smiley
hero member
Activity: 602
Merit: 500
May 08, 2013, 12:40:54 PM
#2
Whoever said it's purpose is to evade taxes. I dont think you actually understand bitcoins
hero member
Activity: 980
Merit: 500
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May 08, 2013, 09:07:59 AM
#1
Is bitcoin all about scammers, pyramids, forex and all that crap?

I got in on the prospect of mining, thinking bitcoin is a tax-free super currency which can be used to simplify trading around the globe.
I must say - it does not look good enough to be presented for local businesses. If you visit marketplace branch for example, feeling of complete distrust is overwhelming. I'd rather see topics full of drug/child porn/guns offers, than these ponzi scheme, exchange, scammer lists, gambling and so on...
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