28 Mar '16, 1pm

Why Bitcoin’s Bad Reputation is in the Eye of the Beholder https://t.co/p9V0nq9cwq

Why Bitcoin’s Bad Reputation is in the Eye of the Beholder https://t.co/p9V0nq9cwq

The fact that bitcoin companies can have such amazing visibility on these things is a huge benefit to law enforcement and society at large, but strangely, these same bitcoin companies are being penalized for actually being able to detect it so well. Bank customers are already doing the same bad things at a much grander scale, the banks just can’t make such a direct link between them and their customers most of the time. So they kid themselves into thinking that the problem doesn’t exist for them in the first place.

Full article: http://www.coindesk.com/bitcoin-bad-reputation/

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