A member of the Teachta Dála, the lower house of Irelandâs Parliament, has urged fellow lawmakers and the parliamentary communications committee to investigate the effect of digital currencies on illicit financial transactions.
Patrick OâDonovan, who is a member of the centre-right Fine Gael party, wrote to the committee asking them to investigate the use of digital currencies, claiming that they have created an âonline supermarketâ for illegal goods and services. He also called for more controls on payments made using digital currencies, reports The Journal.
OâDonovan argued that the anonymity of online transactions (made possible by digital currencies) has allowed the black market to flourish. He said digital currencies make it extremely difficult to identify the buyers of illegal goods such as firearms and drugs. He added:
 âWe need a national and international response to clamp down on this illicit trade.â
In addition, OâDonovan plans to raise the issue with the executive branch, namely the Department of Justice and Department of Communications.
OâDonovan added that an EU-wide response should be developed to address concerns raised by the advent of open-source internet browsers, adding that such browsers âprotect anonymityâ to facilitate illegal online activities.
This, of course, has nothing to do with bitcoin â itâs a clear swipe at the deep web and the Tor browser, previously known as The Onion Router.
It should be noted that The Pirate Bay recently announced plans to create a new peer-to-peer internet standard that might irk OâDonovan as soon as he hears about it.
It is unclear whether OâDonovanâs crusade against digital currencies and anonymous browsing will yield any results, as earlier attempts to clamp down on deep web have failed miserably.
Although some of the currencyâs proponents tend to argue that the deep web should be left unregulated, others are just as hostile toward the service as most lawmakers.
As long as the deep web is a bazaar for all things illegal, it seems the public perception of bitcoin will continue to suffer.
Flag Image via Shutterstock