We can't stop only because there are people who are going to use Bitcoin and other cryptocurrencies for illegal activities. The same thing is with guns. The ban of guns won't be a problem for a criminals because they can always buy one on a black market. Average citizens wouldn't be able to defend themselves. This article looks like a clear advertisement of Ripple, especially this quote:


I'm not surprised that they are also trying to convince people to buy Ripple, but it is slowly getting more and more ridiculous. I hope that we won't have any threads in Bitcoin discussion like: "WILL RIPPLE SURPASS BITCOIN" etc. We had enough fun with Bitcoin Cash.

Its like saying that we need to shut down the internet completely since there are viruses and malwares found in the internet instead of using antivirus or anti malware softwares.

We could keep our web filtering tool up to date.We could update our browser extentions since some atackers use malicious browser extentions for illicit crypto mining.

An anti crypto mining or ad blocking extention could be installed in web browsers to avoid cryptojacking scripts being delivered through web ads.

Exentions like MinerBlock or No Coin could be used to block crypto mining scripts.

More details could be found on the links below.

http://www.thewindowsclub.com/block-websites-using-cpu-mine-cryptocurrency

https://www.csoonline.com/article/3253572/internet/what-is-cryptojacking-how-to-prevent-detect-and-recover-from-it.html

Oh, I've read this before. It's an extremely pointless article. The author basically argues that illicit cryptomining will take over the world, so cryptocurrencies should be made illegal before things get that bad. Well, illicit cryptomining is really just another form of cyber attack, so why focus solely on it? While we're at it, why don't we take things a step further and make the internet illegal so no one gets their data and/or processing power stolen?

But yeah, that's just about how stupid his logic is. You don't burn your house down just to get rid of a few vermin. I don't even think the author is stupid. He probably just really needed to write something controversial about crypto and this is the most original thing he came up with.

I would also like to note that the author forgot a dead simple way to stop most illicit crypto mining attacks: the NoScript browser extension (or ScriptSafe for Chrome), which everyone who wants to be safe on the internet should be using anyway.

Shutting down cryptocurrency would actually being more harm then good. As first there is a sudden drop in the market for everything then there would come a time that those who integrated itself to bitcoin forstly would have this backfire at them. I think that the best way would be to have it regulated and this would actually make bitcoin more palatable to everyone

Look in his post history. What does he even get out of it? Why is he so obsessed with Bitcoin?

Those kind of articles are what motivated me to open this thread:

Matthew 7:12 - Whatever they do to you, you shall also do to them
https://bt.irlbtc.com/view/3149611.0

There a lot of people out there are still skeptical with Blockchain technologies while other party such as Bank are ready to seek opportunities adopt it.
sources: https://techcrunch.com/2018/01/28/bank-based-blockchain-projects-are-going-to-transform-the-financial-services-industry

Do we make decision to invest Bitcoin based on their opinion, I don't think so. Many parties are worried by Bitcoin popularity, it has become commonplace that the party will make FUD news to create negative opinion in market.

The whole article is completely pointless. Under the authors perspective, all fiat should be shut down. His arguments walk around the control of the crypto in order to stop money laundery and other illegal activities. His concern is basically that the blockchain is supported by the people instead of corporations, and he presumes that behind the blockchain system there are many bad people. To me, this is but a child's speech, based on the authors fear towards the new technology.
What he basically proposes is that the money, every type of it, needs to be controlled by corporations in order to have a "good use", for his arguments doesn't pay attention to the money laundery or illegal activities in general, but those made with crypto. Well, then, what happens with money laundery on fiat or paper money? He seems to forget about it.
Pointless, completely pointless and misinformed article. Even his proposal is brainless: to stop everything new, everything whose control does not reside on corporations, for the humanity, as some stupid child, needs to be taken care. His presumption is based on this whole idea: most of the humanity is bad, but corporations. Corporations are good and clean from his point of view, no matter, though, tax evasion, money laundery, even slave traffic, no, that doesn't matter, this is not even mentioned, for the most important problem is for corporations to have control over the people. Besides, he seems to forget how many big corporations are already into crypto. Are they wrong too? His beloved corporations?...
Nasty.

Well, to be honest a few lines in the article got me thinking.
Not about shutting down bitcoin (lol), or that miners might use txs for drugs crime terrorism...that's the usual crap.

But miners nowadays are acting selfishly and instead of a a company like Visa that imposes taxes on the payments we have ended up with miners who are rejecting txs under a certain value and are preferring to mine empty blocks even while the mempool was full.
I was so pissed at some of the pools in December I wished that there would be a way to have your tx included in a block mined by a certain pool, or prevent your tx to be included in a block mined by pool x so I wouldn't contribute to their mining operation.

We need  a system which allows us to send free tx, unlimited transactions and high security with no chances of a 51% attack on the network.... a bit too much to ask unfortunately right now.
And of course ripple which is a bit too much pumped in this article isn't even close to being a solution.

If they had the power to do such a thing, they'd already done it. Since Bitcoin first appeared, we've seen bans, blocks and regulates. The result is obvious.