Cryptocurrency and the Darknet

FIAT Financial
Fiat Exchange
Published in
3 min readMar 16, 2020

In the time Cryptocurrency has been known to society, it has unfortunately been associated with illegalities, confusion from the masses and other shady factors until it finally became a successful legal industry across the world, which is what we know it today. But while the year 2017 actually did manage to bring Bitcoin to light up the lives of the common people, its dark past is far from forgotten.

However, with Bitcoin it’s quite easy to track as long as one player makes a mistake and transfers the funds to a hot wallet since it’s the currency being used by mostly everybody, including bad guys who’s home is darknet marketplace. Well known as the selling point for syndicates, mafia and their go-to products of illegal drugs and various other substances, it’s also a hotbed for firearms, people’s credit card information and everything else illegal imaginable.

Smarter bad guys were often found in cases where they’re buying gift cards or foreign currency for cryptocurrency transactions to access real money Bitcoin casinos with the intention of avoiding prying eyes from government bodies. Furthermore, most platforms aren’t actually showing as regular darknet websites where only contrabands are sold, some of them even look like legitimate websites with hidden links! However they hide it though, it doesn’t change the fact that these platforms are where almost every single illegal activity is conducted. Very serious criminal activities such as extortion, gunrunning, money laundering and even human trafficking are prevalent in said platforms.

All over the world, there are those who have literally sold their souls to the devil, selling forbidden stuff for Bitcoins for years, without anyone knowing. When will it stop? How will it end? Will it ever even end? These are questions no one has yet the answer to. All we can do as responsible, honorable and just cryptocurrency enthusiasts is to not succumb to these temptations and enjoy crypto the right way.

In the world of Crypto, finding the right people to do the job can be troublesome and difficult at best. This is why at FIAT Exchange, we offer an all-in-one service encompassing everything there is to launching a token offering, as well as ensuring that everything is safe and transparent with all of the legalities done first. As a pioneer in the consensus industry, we offer the tools to democratize access to finance and through our platform, investors, start-ups and established companies are able to find opportunities they otherwise never would have.

At FIAT Exchange, we have consultants to help innovative start-ups, promising businesses and even well-established corporations launch their own Initial Exchange Offering, Initial Coin Offering, Security Token Offering or Reverse Token Offering effectively, efficiently and successfully. As a constituting body, we act as partners and assist each and every project from compliance, fundraising, and to final listing in our Digital Marketplace.

While there already are other operating equity crowdfunding platforms in the European Union, we are the first to expand to become a broker-dealer and introduce to our investors an alternative Smart Securities layer, offering a secondary market where investors can trade their startup securities.

If you are an Investor looking to unlock access in the FIAT Exchange ecosystem and discover new investment opportunities or if you are an Entrepreneur looking to raise capital, we can definitely help! Please feel free to contact us: support@fiatxs.com

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