is bitcoin as evil as some people think. what people think of bitcoin. newsbtc bitcoin news There are times we feel like Bill Murray in the movie “ Groundhog Day .” No matter what we do, we’re subjected to the same surroundings and events. Everywhere we look, we see the same thing over and over again. Things tend to become routine. It becomes mundane and to a degree, even a little irritating.
Today is one of those days; a recently published article details a think tank’s findings regarding bitcoin and digital currency, and surprise! Those involved in the think tank believe that insurgencies and radical groups ranging from drug cartels to terrorist units will find further ways to misuse digital currency for the sake of evil.
In a 100-page report , the think tank participants explain: “Deploying a virtual currency may be an attractive alternative for non-state actors who look to disrupt sovereignty and increase their own political or economic power by displacing state-based currencies. Virtual currency deployments are particularly attractive in developing countries and in countries undergoing internal turmoil, where the existing financial infrastructure is either insufficient or weakened.” If you feel you’ve seen anything like this in the past, you likely have. Government officials and news outlets have been reporting for years about how bitcoin and digital currencies are magnets for wrong-doing. They’re particularly favored among terrorist groups, as these currencies allow them to stay anonymous. We’ve all heard this before, and many of us don’t really want to hear it again.
Furthermore, there’s really no reason whatsoever for us to hear it again. For one thing, bitcoin has been established as anonymous, but it’s certainly not private. There’s a big difference. It’s likely no one will see your name following a purchase of bitcoin or anything with bitcoin, but […]
