On the afternoon of the 8th, bitcoin prices fell 3.53% to $4.679.87, and prices have soared more than 66 times in the past five years.
Five years ago, the US Drug Enforcement Administration had a lot of bitcoin crimes. Infante invested in blockchain data analysis. She said: The previous 90% of criminal transactions were traded in cryptocurrencies. Now illegal activities have shrunk to about 10%, speculation. The customer is the main use of bitcoin.
But this does not mean that criminals stop using Bitcoin. Since 2013, the total transaction volume of illegal use of Bitcoin has risen sharply.
Infante said: 'The number of criminal cases has grown, and the amount of Bitcoin transactions in the event has also increased significantly year after year, but the proportion has declined. Most of the recent bitcoin transactions are used for price speculation.'
The results of this analysis run counter to the impression of Bitcoin by the general public in the United States. It is widely believed that Bitcoin is mainly a criminal tool used by criminals.
Take the infamous black market shopping site Silk Road as an example. Criminals anonymously trade illegally through this website, highlighting the underground market where Bitcoin holders actually perform their functions.
In addition, the characteristics of Bitcoin decentralized sub-leds eliminate the need for banks and governments, meaning that no one or company line number can be summoned for investigation. Bitcoin and other blockchains are open and unchangeable, but also Providing valuable resources for law enforcement agencies to track transaction patterns. Using the blockchain's 'double-edged sword' feature, law enforcement agencies can now conduct crime tracking.
According to Infante, the blockchain actually provides a number of tools to identify others. Even if people use more cryptographic currencies like Monero and Zcash, we still have a way to track them.