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Topic: The dark side of bitcoin/ the lie (Read 19 times)

legendary
Activity: 3822
Merit: 2703
Evil beware: We have waffles!
November 18, 2024, 05:50:52 PM
#3
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'Ive been thinking about this lately: bitcoin is used to scam people, launder money, and it's impossible to trace
Incorrect.
What part of Bitcoin being an open and Publicly accessible ledger do you not understand? Every single transaction made is VERY traceable. Just do a search for ' chain analysis'. As to who owns the BTC addresses - not so easy but law enforcement routinely eventually does do it.

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The people who have the most bitcoin individually are not engaged in legal activities.
Your PROOF of that blatant lie? The 'I know hundreds of thousands of people who have tried to buy something with bitcoins and have not received anything (scam)' is also pure bull. Again - proof please.

I've bought many many things from computers, miners, TV's etc totaling over 10's of thousand of dollars with ZERO problems - just use reputable vendors.
member
Activity: 239
Merit: 59
a young loner on a crusade
November 18, 2024, 05:34:24 PM
#2
I know hundreds of thousands of people

You must be fun at parties
?
Activity: -
Merit: -
November 18, 2024, 05:02:54 PM
#1
The dark side of bitcoin / the lie

I've been thinking about this lately: bitcoin is used to scam people, launder money, and it's impossible to trace, that is, it's used by thieves.
The question is: was it created for this?
The foundations don't talk about it. Everyone talks about it being the currency of the future that is not controlled by anyone, which is not true because the currency is practically quoted by the dollar, that is, it is a parallel to the dollar.
The place in the world with the most bitcoin is the USA. Coincidence?
The people who have the most bitcoin individually are not engaged in legal activities.
I know hundreds of thousands of people who have tried to buy something with bitcoins and have not received anything (scam), and of course you have to complain to God because they are ghosts.
A monster has been designed and I don't think they can control it (or curiously they don't want to).
Not even the "creator" shows his face...
And not to mention what the large computers for mining crypto entail, the environmental damage they generate...
There are good people, of course, who like the crypto world and have a few bitcoins but they are the exception. They believe in something that they may not even understand.
In reality, bitcoin is part of this capitalism, it is not decentralized, it is part of, it is an accumulation of wealth in the hands of those who have the most money and they do not obtain it in a very legal way.
Perhaps it was thought of differently but then over the years it became more of the same and without any kind of control or security.

PS. It is my own reflection. I accept a diversity of opinions, but someone have to say the truth.
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