Bitcoin are used for criminal activities and that is the major reason why most of the government of the country failed to acknowledge bitcoin. They believed that the faceless terrorism group could use it as a source of fund.
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Even banking sector has also been used for illegal activities as everything that is legitimate also have ways that people try to manipulate and use it for illegal activitiesYes, Bitcoin has been used for criminal activities, but the vast majority of users are law-abiding citizens who use it for legitimate purposes.
It is important to take measures to prevent the use of cryptocurrencies for illicit activities while also recognizing their potential benefits for innovation and economic growth.
Additionally, bitcoin could be used to fund illegal activities because its source cannot be traced. However, the blockchain technology made bitcoin tamper-proof and as such, it could be used for illicit activities.This possibility exists. May be. But it is not very important because the national currency is also used and it is not a big issue. Criminals and crimes always exist in everything . It does not matter if it is Bitcoin or national currency