Using Bitcoin for Illicit Purposes Is Harder Than Using U.S. Dollar

Bitcoin is used for illicit purposes. This is an undeniable fact and further proof, if needed, that Bitcoin were to become a real currency.

Real currency is used for legal as well as illegal purposes.

It’s an unfortunate thing, but that’s the way life is.

On the other hand, the study of the figures clearly shows that Bitcoin is used less than the U.S. Dollar for illicit purposes.

The reason for this is basically simple.

This makes it easier for the authorities in each country to track down people using Bitcoin for illicit purposes than with the traditional banking system, where some people try by every means to conceal fraudulent transactions.

In fact, many criminals using Bitcoin for their activities have already been found and arrested.

Bitcoin is being used more and more and the volume of transactions on its Blockchain will continue to grow in the coming years.

In fact, the amount of Bitcoin transactions to the darknet markets will probably continue to increase in the future.

Nevertheless, proportionally, this will still remain tiny compared to what happens in U.S. Dollar with the current monetary and financial system.

In the future, when politicians or bankers criticize Bitcoin with arguments that you find dubious, feel free to take a critical look at the figures.

In this regard, it is important to remember what Bitcoin is promoting:

Don’t trust governments and humans, but trust Mathematics because Mathematics don’t lie.