Recent news of Bitcoin Cash creates a perfect storm for FBI attention to it's owners, miners, and facilitators.
Bitcoin Cash is now the currency of choice on the largest illegal drug market in the world, Dream Market. The issue is in numbers: a vast majority percentage of Bitcoin Cash transactions will soon be illegal drug transactions due to low usage for anything else. >Miners can be held legally responsible for facilitating drug purchases and potentially raided by the FBI or other law enforcement agencies for involvement with crime.
>Bitcoin Cash holders will be heavily scrutinized and potentially connected to drug trades through the ledger.
>The man behind Bitcoin Cash, Roger Ver, spent time in US federal prison. He is widely known for public Anti-Government and Anti-FBI statements, a red target for his personal project "Bitcoin Cash".
This is the perfect storm for an FBI / Homeland Security crackdown on crypto / Bitcoin Cash. Especially to send a warning to the crypto space. The writing is in the walls. With all things considered, one does not find involvement with the Bitcoin Cash project to be an intelligent decision.
in other news: lockheed to be raided because jets are used for murder
Christian Hall
kek, implying FBI can raid Bitcoin Cash. You can raid a house or a company, but not a protocol that has spread out around the world, lol. You seem ignorant of cryptos.
And also, BCH trading (not just withdrawing) coming to Coinbase in January.
Brody Price
Top notch fud blockstream, the only use for btc gets blown the fuck out by dream and you spin it as a positive
Owen Brooks
wow dark net markets are switching to Bitcoin Cash?
just bought 100k, amazing news. extremely bullish
Matthew Gonzalez
They're using monero
Owen Foster
Verifying drug transactions using your computer is a crime.
Asher Sanchez
It's a payment option they allowed because bitcoin is so shit and some of them still have BCH. But the vast majority are prefering monero for obvious reasons.
Jonathan Wood
Their website says only withdrawing is possible.
Whats your sauce?
Luke Reyes
I acknowledge people use monero.
However the point is that a vast majority of bitcoin cash transactions will soon be drug related, meaning just buying or selling bitcoin cash even once will place your dollars into the middle of a ledger flow of drug money.
Doesnt matter. Those shuffled dollars are still traceable even if there's 100 transactions between drug buyer and seller using ledger analysis. Even if your only buying as a holder your transaction will fall somewhere within in a chain of drug transactions.
Liam Murphy
Yeah but the second it goes through the shuffle is the exact moment you can't be prosecuted. Normal users won't be affected by this just don't use the shuffle.
Parker Kelly
Bitcoin had it's entire lifespan in these markets and has spent almost 0 time outside of that world.
Julian Clark
so it was ok for btc to be used for years and now bch will be in trouble for it...lol
Angel Ortiz
Which means the "tainted" btc became "tainted" bch. Bitcoin cash already has its hands dirty.
John Moore
The FBI will get you if they want to. A shuffle of transactions is traceable and will not change tahat fact. They also will get you if you are involved with a majority drug protocol like Bitcoin Cash.
Liam Jones
Bitcoin Cash will make it easier for the FBI to crackdown as it will soon be a majority drug trade network.
Dominic Morales
>THEYRE GONNA GET UUUU
Jose Hughes
Which is also bitcoin since bch shared the same blockchain since aug 1st 2017
Samuel Foster
Btc did this forst
Carson Bell
It was this exact same shit before with bitcoin but since that's no longer a remotely functioning currency the blame is getting shifted.
