bitcoin is a currency not an entity, organization, etc. it also can not perform miracles or change the human nature. whoever told you otherwise was lying.

This is probably the first time I've read such narrative so I don't know how that became popular. The usual narrative was actually the opposite. BTC is used by crooks to launder money, drugs, dark market, and anything that's deemed illegal. I don't see how funding of wars would be any good since it can be used by warring nations.

I surely understand what you mean. Bitcoins is for sure something that can be used like this but we have to understand that, people can fund for wars etc irrespective of the currency. At the same time they need to buy Bitcoins, which they will do so through wallets, now most of the wallets are actually very secure, they need verification, which can be very easily tracked by the government. Well, they are already doing it.

Previously it was used to fund for the wars etc and illegal activities for sure but the restrictions are much more sevear now.

- People are using fiat for ages, what's the point ? If they have to use something they will, does not matter what it is.

We can't blame Bitcoins.
Plus it's way easier to track Bitcoins instead of fiat.
_._

Seriously speaking I am not familiar with the narrative you are talking about and don't think there is any such narrative in our Bitcoin community.

But to its contrary basis many crits and government have claimed btc usage on dark web to fund illicit activities because it's decentralisation nature like dealing in arms and drugs etc.You don't have to go through any third party settlement of funds which provides you freedom of funds but not transparency as each and every transaction prompted from any wallet is stored on public ledger blockchain and you can find address details from that.

Bitcoin was created with aim to be used as deflationary payment system by Sathoshi and to provide your freedom from Central banks and fiat to some extent but not to counter any crimes.

Suppose any funds are transferred to some another wallet you can't take any serious action because daily thousands of Bitcoin are moved on the network by whales and investors.Moreover they prefer to make fiat transaction for such crimes as well so we can't say btc or any other currencies would help in this manner unless government themselves took a step to end geographical and political wars among themselves.

Where did you hear this narrative? I didn't even hear someone say this and became the 'most popular. It's been popular that bitcoin has been used in different markets including the black and dark ones.

But that doesn't mean that it shouldn't be used for good ones. If someone says that it will be the reason for ending those illegal trades, there's no way to do that. Cash can't even do that with the help of the government so as bitcoin as money. It's another medium of exchange for all.

Maybe I was a bit exaggeratory. I have seen it loosely thrown around on this forum a couple of times as well as reddit.

Bitcoin is not design like that, on the contrary, there could be proponents that will tell you that it is being used by terrorists group to send funds across border to fuel wars. That has been the narrative that's why you will hear anti-bitcoin sentiments because of this one. BTC is traceable.

Again, btc is not like a magic bean that will end wars, poverty and every other know problems in the society.

Bitcoin reduces the funding of wars because:

1) War criminals are often funded through dark money. Criminals, despite what news may tell you, would use dollars, other trades, and alt-coins over the more transparent, tracked bitcoin.

2) Wars are often funded through the inflationary tax. Bitcoin reduces that tax burden, so wars must be more open in their causes.

3) Wars are fought over control of production, energy, and of the monetary supply (to control these other two). Even today. The cause of war never changes. If you democratise the monetary supply, then war has to find new ways to control production and energy.

4) Bitcoin ties people more closely together, and ties their best interests with ours. By binding together people across all cultures into a democratic monetary system, your future is more closely tied with their success.

War will find a way to continue, but a democratic currency like bitcoin has the best chance at reducing this inhumane element.

I literally never heard anyone saying that Bitcoin can stop the funding of wars. Also, when people talk about funding wars, they rarely mean money transfers, usually it's weapons, materials, fuel, etc.

Whatever Bitcoin can actually do, it needs to achieve very big adoptions to be able to do it, like more than half of population completely switching to it. For now this seems like a distant dream.

Just because bitcoin is anonymous does not mean that transactions cannot be traced.

The great utility that bitcoin has is that all its operations can be tracked, there is an " * "here with that, but saving that, it is more difficult to wash bitcoin than the traditional one (Fiat), it is a technical issue that compares technologies and it is something not complex but extensive to explain, but to understand it more you should read about the AML laws and how Fiat money evades them, mainly with the use of tangible money (paper money) and that is the big difference for example with the use of bitcoin, It is electronic, it is 100% auditable (minus the exceptions that arise with "*").

Fiat money coexists between physical money and electronic money and although with certain tricks electronic money may not be 100% auditable it can be traced, but when converting it into paper money, its use is practically private and depending on the skill of the person who uses it, can make it anonymous.

If you are still lost on the subject, to finish I can tell you that each bill (paper money) has a unique serial but only serves to identify its end user (e.g.) but it does not describe in which transactions was he involved or by what "hands" this money was used on its existence; with each satoshi that exists you can know its life line in each transaction.

---

Sometimes you have to understand related topics, to understand certain questions or concerns, it is an interesting topic that involves things like AML, KYC, among other topics.
https://www.fatf-gafi.org
www.acams.org