Bitcoin is use as a money or payment for transaction in the deep web. It is because bitcoin is protects its users identity but the FBI tracks and hunts the illegal dealers and buyers of drugs and guns in the dark web. How can they track and arrest the user if bitcoin is anonymous?
Share Your Thoughts
Merit me please
In Actual bitcoin is not that much private thing but it is in actual a public thing where we can see everyones transaction and we can know that which adress have how much bitcoin etc etc .Share Your Thoughts
Merit me please
And also let us if we consider that people are using it in bulk amount for illegal work then surely at the end people will use it for the cash out in Fiat currency and at that end he will need to declare that from.where he got that amount of bitcoin and he will need to show everything for that bitcoin history ( like buy sell of coins or if any work he did to get payment in btc invoice ) .
So we should not think that bitcoin is using for the illegal ways and also even when bitcoin was not available then still people were doing illegal works easily , so don't blame bitcoin for those illegal works.
