Criminals may ditch Bitcoin for Litecoin, Dash, study says


(Bloomberg) — It may seem like everyone from Grandma to Goldman Sachs Group Inc. has piled into Bitcoin in the past year, but there’s at least one group that’s looking for a way out: Criminals. In the next six to 12 months, the most widely used digital coin is poised to lose its spot as a dominant payment method on the dark web, according to a study by cybersecurity firm Recorded Future. Its biggest competitors? Litecoin and Dash. Transacting with Bitcoin has become more expensive and less efficient as an influx of users has put strain on the network, leading to higher fees.…

This story continues at The Next Web

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