Criminal Underworld Is Dropping Bitcoin for Another Currency
Bitcoin is now being dumped by criminals to a more secure unground currency called monero.
So criminals were using Bitcoins to get money through ransom demands. Now through 'monero' the data from the blockchain can now give you a misleading address as to where that transaction took place.
This tells me that the value of bitcoin may not rise as quickly as once thought. But will still rise nevertheless.
how criminals were using BITCOIN for buying drugs and conducting transactions to avoid law enforcement. I knew it was going to be a big hit. Because, lets face it, drugs has always been in high demand. Look no further than Pablo Escrobar, or movies made featuring blow, or Johnny Dep or whatever. Anyway, criminals would conduct business with bitcoin and send drugs on through the mail system. You could always buy "other "illegal stuff that we dont talk about. Anyway, I was not interested in drugs or whatever but the potential of what it was going to become. And, now, Bitcoin has become mainstream and other companies are becoming shadow operators. Here is another chance to invest into cyrpto currency.
Monero and Zcash are the more likely choices due to the way they work... These factors serve the honest, sincere, and intelligent users of these crypto-currencies that protect privacy, too.
I honestly already saw this coming. Bitcoin was great but the feds are starting to deepen their claws into it. The IRS is already investigating transactions and privacy is pretty much being thrown out the window. Every time that privacy becomes an issue, Dash, Monero, and Zcash will see price spikes.