
Originally Posted by
KaplanTheThird
Yes, money laundering is an issue, but you can launder money with cash in any currency, so excluding Bitcoin just in that note is unwise in my opinion. The fact is that Bitcoin is slowly getting more and more acceptance as a method of payment. The currency rate moves aren't as dramatic and bitcoin is slowly gaining popularity among merchants (Virgin Space is now accepting Bitcoin as a method of payment for space flights). Once enough merchants start accepting it you might see Bitcoin gift cards at your local convenience store. Bitcoins main issue is security. If they can prove it is secure enough to handle broader market transactions I don't see it going away.