Problem
Adapting the Law to the Online Environment
a) Despite Bitcoin's oversized presence on the dark web, only about 1 percent of all transactions using cryptocurrency involve an illegal exchange of goods. How does this fact impact arguments in favor of banning Bitcoin?
b) One suggestion for alleviating the problem of "fraud-sourced" money is to require proof of identity from anyone who wants to trade virtual items on online gaming platforms. Do you think this strategy would be successful? Why or why not?