Summary
Authors argue that Bitcoin is falling out of favor for criminal use due to its transparent ledger, making it easy to trace transactions and leading to legal action against offenders.
Key Points
1. Bitcoin is falling out of favor for criminal use because it is run on an immutable, fully public and transparent ledger.
2. The transparency of Bitcoin’s ledger has made it easier to trace transactions and take legal action against offenders.
3. Despite being seen as a tool for anonymity in the past, Bitcoin is now considered a cursed tool for facilitating illicit activities.