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RE: Bitcoin and cryptocurrencies are great for the environment! Don't believe the mainstream media!

in #bitcoin6 years ago

i m clearing my doubts tho... isnt it so Bitcoin definitely makes it easier. You can hide your currency without governments or banking institutions from knowing and they cannot confiscate it. Cash is used under the table...that is true, but it is not a NEW currency that is not printed by a central bank. It is not regulated like fiat currency. You can't have your cake and eat it too. Bitcoin is not related to any government and it will inspire privatization. The Bitcoins are "traceable" on the "bitcoin system"....but they are private institutions and the government or banking institutions cannot gain access to it. it is not a viable idea and beg people to not purchase them. it's another bubble and a scam.

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yeh btc can be traced , and if you look long enough and have the capability's, its 100% traceable.. thats why vpns are worth paying money for !