Bitcoin Hard Fact Edition 1 - Fact #10
Bitcoin has faced criticism for its perceived facilitation of illicit activities, stemming from its pseudonymous nature that allows users to transact without revealing their identities. While Bitcoin's privacy features provide a degree of anonymity, they have also been exploited by some individuals for illegal purposes, including money laundering and black market transactions. However, it's important to note that the vast majority of Bitcoin transactions are legitimate, and various regulatory measures and advancements in blockchain analytics have been implemented to address these concerns and enhance transparency within the cryptocurrency ecosystem.