Saturday, 9 December 2017

Unregulated Bitcoin Transactions Create Black Money

Bitcoin trade – How supported?
The promotion of Bitcoin trade is mastermind of hackers or cybercriminals with support of technology experts. USI Tech International like technology savvy companies are backbone of this trade and cybercriminal make use of their platform for their illegal trade. USI Tech membership is easy for anyone to acquire without identification unlike a usual bank account and this is the first step towards ease of illegal transactions. Rewarding USI Bitcoin packages allows newbies to enter this trade which has provided boost to this illegal trade.
Bitcoin trade promotes black money
There are certain factors that help Bitcoin trade to create black money in the real economy. Let’s consider these facts.
•    Bitcoin trade imposes no responsibility on users for identity substantiation and follow regulated centralized screening protocol.
•    For transactions, where someone doesn’t require name or address, there is no disclosure of the parties which means the transaction is not reflected in the government system. When monetary transactions are unregulated, this will obviously be a creation of black money through money transactions.
•    Bitcoin trade is a peer to peer system and are transacted on connected computer systems. One vital fact of Bitcoin trade is that transactions are irreversible. So, these are more secured for users leaving no scope for unintentional transaction. Click here to know more about #usi tech coin.

No comments:

Post a Comment