Does bitcoin facilitate criminal transactions?
I'm interested in hearing from as many people as possible on whether you think bitcoin makes black market transaction easier or harder at the current point in time.
Years ago bitcoin was used to allow a large number of illegal transactions to be conducted on silk road - https://www.theguardian.com/technology/2013/oct/02/alleged-silk-road-website-founder-arrested-bitcoin.
Just recently bitcoin was discovered to have been used in Russia's election meddling - https://www.cryptocraft.com/news.php?do=news&id=792504.
The questions here are:
Did bitcoin aid Russia in moving money in ways that they could not have using traditional fiat?
Did bitcoin (or blockchain technology more specifically) ultimately provide investigators with a more effective method to track the flow of funds?
Have the tools to investigate such crimes become more sophisticated since the silk road incident?
What is the future of crypto-currencies in relation to crimes in both committing them and investigating them?
To the question in your title, my Magic 8-Ball says:
Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.
Congratulations @helgastrxd! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Award for the number of comments
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOP
Do not miss the last post from @steemitboard:
Congratulations @helgastrxd! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!