The concept is instilled by the inventor , Satoshi Nakamoto , Bitcoin offers that ownership intact without the need for third -party ties with both private and government , the main attraction for its users .
But over time , it is recognized as a weakness of the currency found in 2009 .
According to an article in Business Insider , Bitcoin be very useful for the criminals who want to hide the proceeds of crime . Because if they put money in the bank , the proceeds of crime can be easily traced .
Bitcoin can also be abused by people who want to hide their income from the government , and avoid paying taxes . Then , state tax revenues that will be lost because the money is not traceable .
Not only on purely criminal act , shortage of the most basic Bitcoin also occur because of the unreal .
