Crime is what the government says is a crime. E.g. Wikileaks.
Bitcoin is permissionless money. You might not value that, but others do.
In democratic societies, in theory and largely in practice, crime is what society as a whole decided is a crime.
Bitcoin is indeed permissionless, which means you can use it for things society might find nefarious: tax evasion, drug trade, uncontrolled arms trade, human trafficking, money laundering, etc etc. You might not value that, but society as a whole does.
Re:Crypto lobbying is going ballistic
by asterix_pano on Wednesday December 08, 2021 @10:31AM
(#29485938)
Bitcoin is probably one of the worst asset to use for crimes, since all transactions are publicly available on the blockchain, with no privacy.
Less regulation -> more crime.
Better privacy -> more crime.
Cheaper -> more unstable currency markets.
Faster -> more unstable currency markets.
There is a balance to be found, but at the moment most cryptocurrencies are a nightmare from the perspective of people who value stability and order in social arrangements. And none of the current players seem particularly interested in finding that balance, because they know very well that most of their customers are interested in keeping it wild.