Quite the opposite. Bitcoin is transparent and all transactions get recorded permanently on a public ledger. With enough resources everything can be tracked and it has been tracked in the past with the silk road and other criminal activities.

Currently the amount of illegal transactions done on Bitcoin are 0.1% of those done with cash. Bitcoin could truly make life difficult for organized crime.

Don’t believe the FUD, do your own research.

--

--

--

Author of ´Bitcoin For Mere Mortals´ available @Amazon. Subscribe and drop me a line and I’ll send you a copy for free, no strings attached.

Love podcasts or audiobooks? Learn on the go with our new app.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Alberto Guerrero

Alberto Guerrero

Author of ´Bitcoin For Mere Mortals´ available @Amazon. Subscribe and drop me a line and I’ll send you a copy for free, no strings attached.

More from Medium

Music Can Change People’s Buying Behavior…and a Lot More!

How Much MATIC Will Burn Over the Next 10 Years After Recent Upgrade?

Bitcoin, Digital Scarcity, And Nissan.com

Outrageous forecasts for 2022