Topic: A neighbor next door - page 6. (Read 837 times)

You can teach him, but you should never teach anything connected with privacy. Just explain about the difference between Bitcoin with fiat or bank, the volatility, the security, how to buy Bitcoin in a centralized exchange etc. If he talk about how to run full node, using mixer, trade in decentralized exchange etc, just skip it and say you don't know about it.

First of all, you should report the neighbour to the police, as you yourself said he is a drug dealer. Moreover, is your neighbour too dumb? Nowadays, anything and everything is available on the internet. If he wanted, he could have easily learned about Bitcoins and how to implement them in his business. But he still went to ask you about it. Nevertheless, as a Bitcoiner, you should tell him about Bitcoins, but along with this, warn him about the consequences if he uses Bitcoins for illegal means.

Even though he is your neighbor, he is a criminal, so there is no reason for you to be more friendly with him if you do not want to get in trouble. I see the problem is not so big that it is difficult to solve, why don't you provide some online material for him to teach himself about bitcoin instead of having to teach him little by little? You make the excuse of not having time and give the material to him to learn on his own. That way, you won't have to lose heart with your neighbors and also keep yourself safe.

That nature of the guy's business does not concern you if it is not terrorism. I do not see any reason that you should not teach him. He is not asking you to buy drug or to be in drug business. Just teach him the little part about sending and receiving.

There are many of them in the business that are using fiat. The help he is asking is not about what is illegal.

I don't mind whatever that person's business is but I'll be off and go away from him and tell simply that I've been done with Bitcoin. It's not about teaching him how to buy Bitcoin but it is about knowing if you still have them.

From that point, you're already checked mate by him and is now aware that you own Bitcoin. It's easy to buy Bitcoin if both of you have got internet in your area.

That's why there could be other ill intention knowing that he's into such crimes. So, take care if it's someone know you physically because a $5 wrench attack could potentially happen.

"All traces of crimes remain in the blockchain"(C)
Bitcoin has long been not the best tool for crime. After the server of a store or trading platform is seized by the police or other special services, blockchain analysts will find many participants in transactions and ways to cash out money.

OP I really do not get the context of  what you meant by drug as you never explained to us what drug you meant and if you meant hard drugs which are highly prohibited then It is obvious you got entangled in such a situation. I know you are trying to avoid such for your own safety and security reasons as well but you guys share same neighborhood which makes it very difficult to handle.  It could be very dangerous for you to have a link to that because if anything happens your name would definitely be mentioned and if that should happen you know the cop would come pick you up and possibly label you fellow in the crime which you have no knowledge about. I think you should be open to him telling him to meet a blockchain consultant who would teach him all he needs to know about bitcoin as you have no much idea about it or better still you relocate from that environment if you are on rentage because drug dealers could be very daring and dangerous as well.

The safest way for you OP not to be involved is recommend him YouTube tutorials, or respectfully say to him that he can do it by himself by asking google what he wanted to know about bitcoin or other cryptocurrency. I'm sure he wouldn't force you to teach him if you will reject him.

Since you don't know what's his real deal about Bitcoin, it's better to be at your safe zone rather than risking it by teaching him, because either he'll invest the money he earned from dealing drugs so that he would have a strong alibi just in case police would question him where did he get such big money.

I think the answer to op's question depends a lot on the circumstances and personal beliefs.
Do you think that dealing drugs is a crime (not from a legal standpoint, but from a moral standpoint)? What kind of drugs or does it not matter to you? Another question is whether this person wants to abandon the current activity for something Bitcoin-related or not.
To me, it matters what kind of drugs the person's dealing, whether this person is engaged in other, more violent forms of crime, and it's a big plus if this person is seeking to escape the drug-dealing industry.
I wouldn't help a violent person, or someone who deals heroin and something of similar very strong and very negative impact. I also wouldn't help a person who deals drugs to minors. But if it's something lighter that adults get for themselves, and the person is alright (not aggressive), I wouldn't hold it against him.
All that aside, I wouldn't give anyone financial advice, I can merely help to learn more about the currency, wallets, basic security, and stress the risk of investing. Also, I wouldn't normally dedicate my time to someone I'm not friends with, unless it's something like paid private lessons.

I think I understand what you are worried about in this matter. Because in this situation it will actually be difficult for you to avoid teaching your neighbor. Especially if your neighbor already knows that you have taught other neighbors.

You have several options in this situation. You pretend that you are busy and don't have time to teach him about bitcoin and try to get him to learn independently because it can be found on the internet easily. Because if you are involved in teaching bitcoin to your neighbors, you will definitely feel worried that your neighbors will make illegal transactions or something like that with these bitcoins.
Another option is that you don't need to be prejudiced and teach your neighbor as if you don't know what your neighbor's job is. You can pretty well think maybe he wants to learn to invest and wants to leave his old job. We don't know the real reason he wanted to learn bitcoin and if you have the right moment then you can ask him directly.

I agree with you on this opinion, but two things are involved here

1. Either he wants to learn about Bitcoin to use it in continuing his illegal drug dealing business or
2. He is looking for a place to stockpile the money he already made from the drug dealings or will make from the business in the future, for the reason that his transactions would not be traced to him, unlike a transaction done in the local fiat currency.

What an awkward position to be in. It's something that you wouldn't want to be in knowing that it's dangerous and you could get mixed up with the wrong people. That's just madness.

Anyway, if it's just simple that you don't know what he is doing about it, I would decline if you understand why he will be utilizing it to do those illegal transactions.

Is it even safe in your neighborhood if you have that kind of person within your perimeters?

it will be better if you stay away from that person. Although we do not know his real purpose but it seems that there is big probability that he will use bitcoin for illegal transactions. we should prevent people to use bitcoin for illegal transaction so bitcoin image will be better, by this way I hope government will see bitcoin more positively. I suggest you to contact with good people only because positive people will make your life more positive too and negative people will make your life negative too.

I'm not interested in how people and my neighbors earn their money, it doesn't concern me.

The real question is more (from my point of view) : is it a good idea for your neighbors to know that you own Bitcoin? Depending on the place, the neighborhood, the country, this can be a pretty risky choice. Personally, I'm a little wary of telling everyone. I only tell friends, and if it's the same for you, it implies that you're friends with your neighbor. So if you can be friends with a drug dealer, you can talk to him about BTC too, can't you?

In any case, it's enough to advise people to read some books, there's no need to be more specific. And if they're smart enough to understand the White Paper or the Bitcoin Standard, for example, they won't need any more advice. If you just point them in the right direction, and then they can get on Bitcoin without you, at least they won't bother you if they have a problem or get ripped off

The question should be, "Will I teach him for free?" No, I won't. Secondly, just because he is into drugs doesn't mean his purpose for wanting to learn about bitcoin is to use it for doing drugs. What if life circumstances forced him into it, and learning about bitcoin is the only alternative to leaving the drug business?

50 Cent did drugs but left and started making music. Do you think that if Dr. Dre had said, "No, I won't give you a chance because you are into drugs and gangs," he would have become a celebrity? I don't think so. There's nothing wrong with teaching your neighbor. He may just want a better life for himself, and Bitcoin may rightly be what would offer him that freedom.

The popular saying that it is easy to hide illegal activities using Bitcoin is wrong, especially if the amount is in the millions of dollars.
Cash is easier, more widely accepted, and it is difficult to track it. most of the drug trade is based on cash, where they can trade without being tracked, but your purchase or payment for a cryptocurrency product is recorded for life, and after 10 years, when the fraudster is caught, all buyers can be known. Which is almost impossible in the cash.

If my neighbor suggests learning bitcoin, I will learn him because he probably won't use it for most activity, or at least it won't be for large sums.

If you are certain that he is a drug dealer, you shouldn't teach him. Your conviction that he deals drugs shouldn't be based on hearsay or speculation but on concrete facts and evidence. Teaching him will lead to using Bitcoin to hide his ill-gotten wealth and also use it to engage in illegal transactions.

But you should also be careful in handling such criminals because they can be dangerous. You have to seek a way to say no without offending them. Arrange a meeting with him and ask him why he wants to use bitcoin. If he informs you that it is for his business. Most of them have this misconception that Bitcoin transactions are secrets. You can politely tell him that the bitcoin transaction system is public and traceable. He should know that such transactions are recorded in the blockchain and can be tracked or traced by law enforcement agencies. He should know that bitcoin is not an ideal currency when it comes to drug dealing transactions.

Reporting a drug dealer to the police is very risky in my country. Some of them have connections with the police. They pay the police heavily for protection. The police will even tell them that you are the person that reported them and you have to be ready to bear the consequences. So you might be attacked by these drug dealers or even implicated by the police. They best option is to mind your business and live in peace.

I have a neighbor who is a drug dealer and I am not telling police is one concern itself. If you are fine with that, you shouldn't have to worry about teaching him about Bitcoin and how it works.
And the question arises, how does he know you know about Bitcoin? If you yourself told him about it in the massive bull run, you should help him out in the current period too no matter what he deals in. That's how I think this should be thought of.

First of all how did your drug lord neighbor got to know that you're into Bitcoin.

If you feel you don't want to teach him, then just tell him that he has to look for someone else to do it since the knowledge you have is not sufficient enough to tutor someone and if he should listen to your teaching that there is a high chance of him losing his money.

This should be a warning to you and others, if you know you're not ready for the outside world then keep your financial life to yourself, don't go around telling everyone about your financial life unless you're ready to handle what comes after i.e aside from the health risk.

If it were me, I would refuse to teach him bitcoin because I don't know his real purpose. I am thinking negative things that he is looking to use bitcoins for his illegal activities, so I will decline. Not for the reputation of bitcoin but for my safety, because if the police catch him and find out that he is using bitcoin to buy and sell drugs, that means I am abetting with the criminal, and I am his accomplice. So I won't get into that unnecessary trouble. There's so much bitcoin knowledge on the internet, you could say he should learn everything on his own.