First of all, BITCOIN IS NOT MADE TO REPLACE MONEY.
It has a set number of created or 'minted' coin, 21million. That immediately tells you that there will never be enough Bitcoin to ever be used as a transaction coin.
Not only is it they're not enough to use it as a transaction coin, but it wasn't designed as a transaction coin, therefore it has extremely high rates to send the coin.
Ergo, an ASSET coin.
There are cryptocurrencies however that are specifically designed to be transaction coins. No one cryptocurrency though could ever hope to replace fiat cash, because the value of having physical over digital is never going to be outweighed. The only value in a cryptocurrency they're truly is the value the users give it, in the value in which the encryption and the limited supply of the coin provide.
If you think of them more as specialized game currencies, and they are only used within a platform, but it can be used like real money.
Now we do know criminals are using this TRANSPARENT LEDGER, AND NO AMOUNT OF FUNDS SHUFFLING CAN HIDE THAT YOU ARE MOVING MONEY. THEY WILL BE CAUGHT INEVITABLY, THERE IS NO WAY ATOUND THAT. Cryptos that are made to hide the ledger, I know less about, but since all transactions have to exist in some sort of network where everything is being recorded, no bit of information is ever technically inaccessible.
Banks made Ripple. Bitcoins' creator is anon, and has never surfaced. Anyone could try to take that claim to fame, but there is evidence and records in forums about the creator, and conversations with the creator about its purpose which is to show that money could be decentralized.
Right now, miners all over the world have been COMPETING with CHINA to make sure they never gain 51% of the network! THEY COULD THEN CHANGE BITCOIN HOW EVER WAY THEY WANT!
Bitcoin is an open source project that can only have changes made when people agree on them! If you want to voice a change, you presented to the community, and it's up to the community to transfer over to that, if you fail to have 51% of the community follow after, that means you create a fork of the coin instead and it's value could be nothing.
I will do the best to answer questions, but I spent my time search Bitcon and cryptos in 2017, so I could be a smidge out of date with other replies, but what I say in this particular post is the core of most crypto and Bitcoin discussion in the crypto communities.
First off rude. Reported.
Secondly you have exactly zero evidence to support your claim. I've been utilizing Bitcoin and other cryptocurrencies now for almost 10 years and in all that time I've never even heard this ridiculous position that you just put forward.
Lol.
I can post links all day, and I already did (you ignored because you have an agenda). Go ahead and piss and moan "reported" like a worthless pussy, because POTUS doesn't agree with you. Trump himself, who we fucking listen to on this website, said Bitcoin is a fucking scam. Makes easy sense knowing Jack Dorsey, Jay-Z and Twitter are bankrolling the crypto.
Trump is right. You're wrong. If you have a problem with me telling you that, get fucked. I'll keep posting facts that back up my words while you don't do shit (except attempt censorship against those that agree with our President Donald J. Trump, apparently - in which case you are a traitor this Nation).
Trump said he's not a fan. Big deal. He often seems to come out against something he later embraces. That's his misdirection style / M.O. He also may not have a good understanding of crypto and blockchain tech like most people.
As far as crypto being used for "unlawful behavior" so is cash. So are cell phones. Criminals are almost always the first to adopt and embrace technological advances time and time again. It doesn't make that tech bad, it shows that tech is effective.
Cash, credit cards, gold, diamonds, barter, and even food stamps are used by criminals too. Doesn't make them bad, it means they are effective.
Super simple stuff.
No-one "owns" bitcoin. It's an open source public blockchain. Something your small mind doesn't seem to even remotely understand.
All you are doing is using profanity and calling names while making unsupported claims with someone that knows massive amounts more than you on a subject.
Maybe take some time to learn what you're talking about and HOW to talk.
https://www.youtube.com/watch?v=k53LUZxUF50
https://www.youtube.com/watch?v=97ufCT6lQcY