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Topic: The anonymous structure of the blockchain technology encourages crime? - page 4. (Read 501 times)

legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
The anonymous structure of the blockchain technology is a breeding ground for criminal activities life money laundering, drug trafficking?

No, pseudo anonymity of Bitcoin does not encourage criminal activities. The fact that we are dealing with something that has value, gives it more incentive to be used for crime. Do not forget that Cash is more anonymous than Bitcoin. Criminals do not have to be encouraged to use anything of value for crime, they just do.

Bitcoin transactions are traceable on the Blockchain, under certain conditions, which makes using this for criminal activities a very stupid idea.  Wink
copper member
Activity: 294
Merit: 1
Yes. I said yes because the structure makes it hard for cryptocurrencies to be tied directly to the crypto owner offline.
Its almost impossible to link an on line crypto account to its owner offline.
So so many are leveraging off that to commit crimes, after all their identities is not known!
newbie
Activity: 98
Merit: 0
The anonymous structure of the blockchain technology is a breeding ground for criminal activities life money laundering, drug trafficking?
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