30.01.2018 Views

Debtfree Magazine January 2018

SA's Free Debt Counselling & Debt Review Industry Magazine. We discuss Bitcoin, Steinhoff, amending the National Credit Act and more in this issue.

SA's Free Debt Counselling & Debt Review Industry Magazine. We discuss Bitcoin, Steinhoff, amending the National Credit Act and more in this issue.

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

BITCOIN & CRYPTOCURRENCIES<br />

BITCOIN<br />

AND CRIME<br />

Another concern is that it is almost impossible to know who is paying<br />

for what, criminals can use the currency to pay for all sorts of nasty<br />

stuff.<br />

Cryptocurrencies have been used to pay for all sorts of illegal things like<br />

assassinations, drugs, weapons, human trafficking and more. Crooks like<br />

to use these currencies since no one can see who they are, and what<br />

they are paying for. Some forms of cryptocurrency, which hide even more<br />

information about all users and transactions, are growing in popularity<br />

with criminals and it is said many have switched from Bitcoin to these<br />

newer currencies.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!