BitCoin Enables Fraud and Other Criminal Activities



Modern currencies are based on trust and accountability. They’re rarely, if ever, backed by things like precious metal these days – instead, they are backed by a universal sense of trust that the currency will be honored. To a degree, this allows for the regulation of currency. If currency is not regulated, it’s possible for the trust in that currency to lessen and the currency to become devalued. It’s a process that has stood the test of time – at least, until today.
Read more: cryptoconsumer.com/bitcoin-enables-fraud-criminal/


Modern currencies are based on trust and accountability. They’re rarely, if ever, backed by things like precious metal these days – instead, they are backed by a universal sense of trust that the currency will be honored. To a degree, this allows for the regulation of currency. If currency is not regulated, it’s possible for the trust in that currency to lessen and the currency to become devalued. It’s a process that has stood the test of time – at least, until today.
Read more: cryptoconsumer.com/bitcoin-enables-fraud-criminal/

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