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Topic: 10% americans used bitcoin to ignore identity theft ?is this real or fake news? - page 2. (Read 6558 times)

full member
Activity: 238
Merit: 100
It is definitely not fake news, one of the attractive features of bitcoins is the anonymity.
yes there is no doubt about the anonymity of bitcoin, but how can a person about the exact percentage of bitcoin users who are using bitcoin for illegal activities, as bitcoin  is anonymous. i think that is just a fake new and there is no reality about in this news.
as i have no clear idea about this, but i think these will be true news. as america is an advanced country and their thieves may also be too advance that they will use bitcoin for stealing purposes, therefore to me this will not be a fake news and the thieves my really be using bitcoin for their illegal activities.
sr. member
Activity: 281
Merit: 250
It is definitely not fake news, one of the attractive features of bitcoins is the anonymity.
yes there is no doubt about the anonymity of bitcoin, but how can a person about the exact percentage of bitcoin users who are using bitcoin for illegal activities, as bitcoin  is anonymous. i think that is just a fake new and there is no reality about in this news.
sr. member
Activity: 252
Merit: 250
It is definitely not fake news, one of the attractive features of bitcoins is the anonymity.
but i dont think that the anonymity is so effective for the thieves. they cannot carry the stuff through bitcoin they have to carry it using other local ways, i think bitcoin is effective for smuggler, because anonymity carry meaning for them.
full member
Activity: 224
Merit: 100
here in our area we have no tax on silver or gold while buying or selling in open market. therefore i do not think that there will be any tax on silver or gold while buying it in bitcoin. and may be the govt impose tax in future.
full member
Activity: 238
Merit: 100
my personal view is that it will be totally fake news. because they cannot sell anything they have stolen from someone because it is more easy to find the person as compare to other people who are not using bitcoin.
yes it is true. and i think they will not feel the need to send or receive the money through bitoin. although if we talk about the the big big smuggler then it is possible that they will use bitcoin for their money transaction.
but i think they are very fast and if it is in their favour they must do so. i think bitcoin is anonymous and if they are using it to hide their identity that is the most easiest way of doing so.
full member
Activity: 196
Merit: 100
my personal view is that it will be totally fake news. because they cannot sell anything they have stolen from someone because it is more easy to find the person as compare to other people who are not using bitcoin.
yes it is true. and i think they will not feel the need to send or receive the money through bitoin. although if we talk about the the big big smuggler then it is possible that they will use bitcoin for their money transaction.
but if they really found it convenient to use bitcoin for their exchange of money then defiantly they will do so. i think the american are so advance and they will find it more easy to hide themselves from FBI so they will certainly use bitcoin to hid their identity.
sr. member
Activity: 252
Merit: 250
my personal view is that it will be totally fake news. because they cannot sell anything they have stolen from someone because it is more easy to find the person as compare to other people who are not using bitcoin.
yes it is true. and i think they will not feel the need to send or receive the money through bitoin. although if we talk about the the big big smuggler then it is possible that they will use bitcoin for their money transaction.
full member
Activity: 238
Merit: 100
my personal view is that it will be totally fake news. because they cannot sell anything they have stolen from someone because it is more easy to find the person as compare to other people who are not using bitcoin.
full member
Activity: 210
Merit: 100
i dont think that they will really do it. because i dont think that the American thieves are so advance that they can use bitocin to hide themself from police. i think is not a good idea.
sr. member
Activity: 252
Merit: 250
i have no idea about this that either it is a false news or fact. but if they feel convenient and they really feel safe themselves by using bitcoin then defiantly they will do so. but i think that is not such a big issue. because many criminals uses USD and other currencies for their activities.
sr. member
Activity: 252
Merit: 250
i don't think so. i think these are just the wrong news spreading by the people. there is no reality in such kind of new. i think they can do this even in USD why they feel the need to do it in bitcoin. i think at local level it do not carry so much importance.
legendary
Activity: 1092
Merit: 1001
It is definitely not fake news, one of the attractive features of bitcoins is the anonymity.

It is fake news and this is a old thread.
Bitcoin does not have anonymity.
Don't post about things that you have no knowledge of.
full member
Activity: 135
Merit: 100
It is definitely not fake news, one of the attractive features of bitcoins is the anonymity.
legendary
Activity: 1267
Merit: 1000
Quote
Bitcoin is often referred to as a way to avoid taxes and conduct illegal activity online. However, a recent report by Harris Poll on behalf of the American Institute of CPA shows that 10% of respondents use Bitcoin to avoid identity theft during tax time.

This sentence doesn't even make any sense.
There is no source cited, so one can't even go to the "report" to get additional info to understand what is the correct meaning.
Poorly substantiated, poorly written article.
legendary
Activity: 1624
Merit: 2481
This site doesnt seem very approved to me.
legendary
Activity: 1288
Merit: 1087

It can and have ruined the life of many, which is why I am way careful and almost avoid any services which asks to provide IDs online, whether it be exchanges, casinos etc. Identity thieves can use your personal information to take loans, credit, goods or services, can be used for money laundering, terrorism, phishing, buy drugs, guns, other illegal materials and repercussions for that could be devastating. So be careful with whom you share your personal information online.

Surely if you can prove it wasn't actually you then none of that should affect your life?
legendary
Activity: 1862
Merit: 1004
First of all I highly doubt that even 1% of americans owns bitcoin, 10% Americans maybe know what bitcoin is.
And it is clearly stated in that article that 10% of bitcoin users who were asked this question used it as a method of avoiding identity theft.
There is problem with determining real numbers when it comes to bitcoin users so I don't think polls and questionnaire are good enough to cover it.
hero member
Activity: 812
Merit: 1000
What happens when you do experience identity theft? Does it screw up your life for a long time or is it all taken care of by the banks and stuff?
It can and have ruined the life of many, which is why I am way careful and almost avoid any services which asks to provide IDs online, whether it be exchanges, casinos etc. Identity thieves can use your personal information to take loans, credit, goods or services, can be used for money laundering, terrorism, phishing, buy drugs, guns, other illegal materials and repercussions for that could be devastating. So be careful with whom you share your personal information online.
legendary
Activity: 1288
Merit: 1087
What happens when you do experience identity theft? Does it screw up your life for a long time or is it all taken care of by the banks and stuff?
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
That site sucks ass, loaded with ads and silly "click to read more" garbage.   Don't know if it's fake news but the journalism is questionable.
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