Bitcoin is Crime?

in bitcoin •  7 years ago 

Virtual Currency

Soaring virtual currency prices such as bitcoin and others have managed to create a row of new billionaires. However, recently the price of virtual currency is also very fluctuating until it had fallen sharply.
image

today there are at least more than 1,500 types of virtual currency circulating in the world. Not only bitcoin, ripple, or ethereum, there are also Dogecoin, PinkDog, to Californium.
Many view the virtual currency as an asset like gold. However, not a few parties who warned the risk of virtual currency because it becomes a means of crime.
The hackers also create malware that looks like a virtual currency app, tricking those who are bewitched by the trend of bitcoin profits and friends.

"(Currency) virtual is usually used for something illegal.It is estimated that 99 percent of illegal activities using virtual currency,"
The reason the virtual currency is now a trusted and valuable currency has the same aspect that the instrument is a valuable asset for cyber criminals, who want to earn money from their actions.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

I dont think its a crime tho.

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by ikramfirda from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.