I am an advocate for Bitcoin and It pleases me to tell people about Bitcoin. But there are issues we need to attend to. Bitcoin was created as a means of payment, and some people are using it for that purpose. Unfortunately, this includes criminals. The rate at which criminals use Bitcoins to enhance their operation and make their footsteps sophisticated is just increasing! Haven't you heard that "Bitcoin is a scam"? This phrase only comes up because people have been seeing Bitcoin used for such purposes. Bitcoin is available to everyone, so how can we stop/reduce the misuse of cryptocurrency? Considering that KYC is not involved because I and some people prefer being discreet about our identity. So, how can we stop this, and I'd still have my secrecy? This is already rubbing dirt on us and needs to be attended to.
Get used to it because no matter how hard we do try it is impossible to get rid or to solve out on where people do make use on illegal things.Just like on what we do saw in typical fiat
where it is mainly used in some illegal transactions which are pretty common.The difference here in Bitcoin that it is been attached into that certain situation where it do
end up on tainting its reputation specially to the eyes of those newbie investors or first encounters which would really be giving out that kind of impression which would really
result into the negative side but just let them be because sooner or later they would able to realize that they have wrong perception about bitcoin once they do able to know
the truth.