Governments Using Crypto as a Reason to Spy on Us

in bitcoin •  7 years ago 

It was founded in 2009. Bitcoin adopted the path to cryptocurrencies and in 2017 the mainstream consciousness grew. Blockchain Technology promotes freedom from centralized banking, but its anonymous nature also places it in the places of government and security agencies. This is a prime example, now a Silk Road, an online market that allows users to buy and sell everything from drugs and guns, information for bitcoin.

This will clearly bring you in trouble world of buying and selling illegal items if you are caught. This is really the dark side of the cryptocurrencies world, which allows the business of drug dealers and illegal arms trading to trade in an anonymous and undiscovered way of doing business. The FBI closed down the Silk Road and arrested its founder Ross Ulbricht, which ends the run of the biggest player in the business history of the dark web. Ironically, investigators were found guilty of stealing bitcoin from Silk Road, one of the agents, while they were checking the online platform.

source - https://cointelegraph.com/news/governments-using-crypto-as-a-reason-to-spy-on-us

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Good post

good post. i studied the source full. governments are not willing to loose their grip on citizens. they go to any extent. they are the real terrorists.

Great post... Never thought it this way... Followed you upvoted you
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