Currently, Bitcoin is in its seventh year and continuing its path as the freedom currency of the 21st century. 2016 is showing significant growth within the network as far as adoption, infrastructure, transactions, and value. The cryptocurrency still shows versatility and money characteristics like no other satisfying the needs of both the white and black markets.
Bitcoin has continued to prosper over the course of its life and has become a recognized safe haven for both black and white markets. A white market is the official and legal market performing out in the open so the public and lawmakers can regulate its conduct. The black market is a vast array of illegally trafficked goods and services that operate in the shadows of the global economy. At present and universally the digital currency Bitcoin fills the roles of a medium of exchange within both of these types of markets.
The cryptocurrency that was born in 2009 has become a popular vehicle for wealth appropriation, that leaves this option in the hands of individuals and organizations without the