Comment on US government knows you’re buying opioids with Bitcoin — and it doesn’t like it

US government knows you’re buying opioids with Bitcoin — and it doesn’t like it

The US government has released a series of advisory notes, one of which specifically looks at the role played by cryptocurrencies in the buying and selling of illegal substances such as fentanyl. Published on Wednesday, the advisories are focused on four facets of illegal drug trafficking: manufacturing, marketing, movement, and money. The money advisory states that “convertible virtual currencies,” such as Bitcoin, Bitcoin Cash, Ethereum, and Monero can be used to buy and sell drugs online.

 

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