Which most accurately describe the risk of using bitcoins in a virtual black market place? ( select all that apply)

1. New virtual currencies make bitcoin users seem old fashioned.
2. The complicated bitcoin process may not be worthwhile to learn.
3. Bitcoin-related fraud is difficult to prosecute us to anonymity.
4. Law enforcement agencies raid markets and seize all bitcoins assets.
5. Vendors often pull “exit scams” and vanish with millions in bitcoin.

I am positive it is 5 , 3 , and 2

Agree with 5 and 3, not so sure about 2.

To determine which options accurately describe the risk of using bitcoins in a virtual black market place, let's go through each option:

1. "New virtual currencies make bitcoin users seem old fashioned." This statement does not directly relate to the risks of using bitcoins in a virtual black market place. It pertains more to the perception of bitcoin users.

2. "The complicated bitcoin process may not be worthwhile to learn." This option can be a potential risk. Bitcoin has a learning curve, especially for those who are new to cryptocurrency. If users find the process too complex or time-consuming, it may not be worth their effort.

3. "Bitcoin-related fraud is difficult to prosecute due to anonymity." This option accurately describes a risk associated with cryptocurrencies like bitcoins. Due to the inherent anonymity provided by bitcoin transactions, it can be challenging to trace and prosecute individuals involved in fraudulent activities.

4. "Law enforcement agencies raid markets and seize all bitcoin assets." This statement is not specific to bitcoin's use in a virtual black market place. While law enforcement agencies can seize assets, it is not limited to bitcoin or black market activities.

5. "Vendors often pull 'exit scams' and vanish with millions in bitcoin." This option accurately describes a risk of using bitcoins in a virtual black market place. Exit scams refer to situations where vendors suddenly disappear after collecting a significant amount of bitcoin, resulting in financial loss for buyers.

Therefore, the options 2, 3, and 5 accurately describe the risks of using bitcoins in a virtual black market place.