Bitcin does not support financial crimes and is not involve in political affairs

Bushdark

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Quote from: traderethereum on November 18, 2023, 04:43:40 AM

Quote from: Victorik on November 15, 2023, 02:43:27 PM

Why are we always quick to attribute crimes to Bitcoin and crypto generally? For God sake people launder money using Fiat. People buy weapons using Fiat and other source of extend.
Why is it that the beam light is now on crypto.
I honestly do not think it is right to blame Bitcoin for the fight between Israel and HAMAS.

The government is saying it and linking crime to bitcoin and crypto, so more people don't like crypto. But that doesn't stop other people from finding out the truth about crypto so they don't care much about the propaganda put out by any government.
The current spotlight on crypto is because crypto has become more popular than it was a few years ago, so there are people who haven't liked crypto from the past now trying to influence other people not to use crypto.
It is normal that there are people who blame bitcoin and crypto for being used for illegal transactions between warring countries or for illegal activities.
But there are still many people who actually use crypto for good and are interested in changing their lives for the better by making bitcoin a long-term investment.

I think people need to understand many things about Bitcoin for that they would not see Bitcoin has just a cryptocurrency but a medium for exchange for Payment of goods and services. There are several things we can use Bitcoin for without worrying about the use of fait. As Bitcoin is getting recognize the use if it will soon be centralized and counties that are against the use of Bitcoin would start seeing reasons why they don't need to be left out of the trend.

Victorik

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Quote from: Lorence.xD on November 18, 2023, 05:56:16 AM

Quote from: traderethereum on November 18, 2023, 04:43:40 AM

Quote from: Victorik on November 15, 2023, 02:43:27 PM

Why are we always quick to attribute crimes to Bitcoin and crypto generally? For God sake people launder money using Fiat. People buy weapons using Fiat and other source of extend.
Why is it that the beam light is now on crypto.
I honestly do not think it is right to blame Bitcoin for the fight between Israel and HAMAS.

The government is saying it and linking crime to bitcoin and crypto, so more people don't like crypto. But that doesn't stop other people from finding out the truth about crypto so they don't care much about the propaganda put out by any government.
The current spotlight on crypto is because crypto has become more popular than it was a few years ago, so there are people who haven't liked crypto from the past now trying to influence other people not to use crypto.
It is normal that there are people who blame bitcoin and crypto for being used for illegal transactions between warring countries or for illegal activities.
But there are still many people who actually use crypto for good and are interested in changing their lives for the better by making bitcoin a long-term investment.

They really discourage people from using crypto as they won't benefit in the end cause people would prefer to use digital currency rather than fiat currency which they cannot control, they can't corrupt the system and manipulate it, plus the tax that they could get from people from it unlike in crypto where it is decentralized. We can't deny that due to Bitcoin's features that even the government couldn't handle, it can be used for illegal activities and crime but if we think of it, even before Bitcoin there were already a lot of people committing crimes like in the banks, money laundering and etc. It's literally normal and fine to have a negative side to a certain thing but if we focus on the bright side which is how Bitcoin's power to change someone's life, maybe we could succeed, for sure those people who say Bitcoin is for crime and illegal activities never experienced or doesn't have knowledge about its profitable market since its volatile in long-term or short-term investment.

They have no idea how many lives this crypto have touched and imparted positively.

Yea, it is true that we have some numbers of persons with fraudulent intents scamming others every now and then, but that doesn't mean everyone using it is bad.
There are people still scamming people using Fiat and why haven't people stop using Fiat because they were scammed.

Victorik

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Quote from: traderethereum on November 18, 2023, 04:43:40 AM

Quote from: Victorik on November 15, 2023, 02:43:27 PM

Why are we always quick to attribute crimes to Bitcoin and crypto generally? For God sake people launder money using Fiat. People buy weapons using Fiat and other source of extend.
Why is it that the beam light is now on crypto.
I honestly do not think it is right to blame Bitcoin for the fight between Israel and HAMAS.

The government is saying it and linking crime to bitcoin and crypto, so more people don't like crypto. But that doesn't stop other people from finding out the truth about crypto so they don't care much about the propaganda put out by any government.
The current spotlight on crypto is because crypto has become more popular than it was a few years ago, so there are people who haven't liked crypto from the past now trying to influence other people not to use crypto.
It is normal that there are people who blame bitcoin and crypto for being used for illegal transactions between warring countries or for illegal activities.
But there are still many people who actually use crypto for good and are interested in changing their lives for the better by making bitcoin a long-term investment.

Only an ignoramus will run with these tales and rumors of Bitcoin/crypto been used to perpetuate crimes.
It is important that not all news about crypto should be believed without making personal research. Some of these news are put out there to discourage people's interest.

But on the long run, no amount of propaganda will make someone who is knowledgeable about crypto to lose interest.

Victorik

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Quote from: Blitzboy on November 18, 2023, 12:48:53 AM

Quote from: Youngkhngdiddy on November 17, 2023, 09:12:56 AM

Quote from: Victorik on November 15, 2023, 02:43:27 PM

Why are we always quick to attribute crimes to Bitcoin and crypto generally? For God sake people launder money using Fiat. People buy weapons using Fiat and other source of extend.
Why is it that the beam light is now on crypto.
I honestly do not think it is right to blame Bitcoin for the fight between Israel and HAMAS.

True they are quick to tag cryptocurrency and Bitcoin as the problem but then money gets going to offshore accounts for malicious reasons, money laundering is has always been the order of the day for fiat currency. They even fund some of this terrorist organizations using fiat currency, so if they really want to cancel bitcoin they should also consider canceling the fiat currency as well, then we can all go back to using your ancestors method which is the trade and barter system. The introduction of bitcoin as brought a lot of good benefits than the fiat and majority are moving to hop on it. They are willing to grab the bull by its horn.
The system, government and even some individuals who feel threatened by the introduction of bitcoin will do anything to prevent the growth of bitcoin because of their personal gains, they tend to pretend they are acting for the benefit of the people, but clearly it’s for their own interests. The masses are fully in support of bitcoin any wise investor will want to own bitcoin and some few alt coin. Regardless of the speculated news going around to scare investors away.Bitcoin is here to stay and it’s not going anywhere. Good thing it’s not control by the government. So they have no power over it.

Fiat cash, historically used for money laundering, raises questions, while Bitcoin is over investigated. This double standard. The old guard feels threatened by the new in this classic. Systems, governments, and vested interests all want power. But Bitcoin? Its the rebel who isnt bound by government rules.

Bitcoin's surge is about financial autonomy, not just digital cash. Think about it; a decentralized currency free from government manipulation is revolutionary. The old system's defenders will resist, fearing loss of control. The tide is turning. Bitcoin is supported by the masses, forward-thinkers, and visionaries. It symbolizes financial power shifts and freedom.

Bitcoin's durability is no small feat; it shows its strength. Please accept Bitcoin and its ability to change our financial future. Its a sign of change, not just currency. Wink

Yeah. You are right. The old guards are threatened by the Advent of this novel technology that they have no much control over.

The point is that they are afraid because they cant seem to be able to totally control it and have resorted to blackmail. But, in all it won't work because we know what their agenda are.

Victorik

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Quote from: Youngkhngdiddy on November 17, 2023, 09:12:56 AM

Quote from: Victorik on November 15, 2023, 02:43:27 PM

Why are we always quick to attribute crimes to Bitcoin and crypto generally? For God sake people launder money using Fiat. People buy weapons using Fiat and other source of extend.
Why is it that the beam light is now on crypto.
I honestly do not think it is right to blame Bitcoin for the fight between Israel and HAMAS.

True they are quick to tag cryptocurrency and Bitcoin as the problem but then money gets going to offshore accounts for malicious reasons, money laundering is has always been the order of the day for fiat currency. They even fund some of this terrorist organizations using fiat currency, so if they really want to cancel bitcoin they should also consider canceling the fiat currency as well, then we can all go back to using your ancestors method which is the trade and barter system. The introduction of bitcoin as brought a lot of good benefits than the fiat and majority are moving to hop on it. They are willing to grab the bull by its horn.
The system, government and even some individuals who feel threatened by the introduction of bitcoin will do anything to prevent the growth of bitcoin because of their personal gains, they tend to pretend they are acting for the benefit of the people, but clearly it’s for their own interests. The masses are fully in support of bitcoin any wise investor will want to own bitcoin and some few alt coin. Regardless of the speculated news going around to scare investors away.Bitcoin is here to stay and it’s not going anywhere. Good thing it’s not control by the government. So they have no power over it.

Because they have limited control over crypto, that's the more reason why they are trying very hard to discredit it in whatever way they see.

Before crypto came into the limelight, crimes was already been funded, so why would someone now be attributing funding of criminal activities to crypto?

Lorence.xD

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Quote from: traderethereum on November 18, 2023, 04:43:40 AM

Quote from: Victorik on November 15, 2023, 02:43:27 PM

Why are we always quick to attribute crimes to Bitcoin and crypto generally? For God sake people launder money using Fiat. People buy weapons using Fiat and other source of extend.
Why is it that the beam light is now on crypto.
I honestly do not think it is right to blame Bitcoin for the fight between Israel and HAMAS.

The government is saying it and linking crime to bitcoin and crypto, so more people don't like crypto. But that doesn't stop other people from finding out the truth about crypto so they don't care much about the propaganda put out by any government.
The current spotlight on crypto is because crypto has become more popular than it was a few years ago, so there are people who haven't liked crypto from the past now trying to influence other people not to use crypto.
It is normal that there are people who blame bitcoin and crypto for being used for illegal transactions between warring countries or for illegal activities.
But there are still many people who actually use crypto for good and are interested in changing their lives for the better by making bitcoin a long-term investment.

They really discourage people from using crypto as they won't benefit in the end cause people would prefer to use digital currency rather than fiat currency which they cannot control, they can't corrupt the system and manipulate it, plus the tax that they could get from people from it unlike in crypto where it is decentralized. We can't deny that due to Bitcoin's features that even the government couldn't handle, it can be used for illegal activities and crime but if we think of it, even before Bitcoin there were already a lot of people committing crimes like in the banks, money laundering and etc. It's literally normal and fine to have a negative side to a certain thing but if we focus on the bright side which is how Bitcoin's power to change someone's life, maybe we could succeed, for sure those people who say Bitcoin is for crime and illegal activities never experienced or doesn't have knowledge about its profitable market since its volatile in long-term or short-term investment.

traderethereum

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Quote from: Victorik on November 15, 2023, 02:43:27 PM

Why are we always quick to attribute crimes to Bitcoin and crypto generally? For God sake people launder money using Fiat. People buy weapons using Fiat and other source of extend.
Why is it that the beam light is now on crypto.
I honestly do not think it is right to blame Bitcoin for the fight between Israel and HAMAS.

The government is saying it and linking crime to bitcoin and crypto, so more people don't like crypto. But that doesn't stop other people from finding out the truth about crypto so they don't care much about the propaganda put out by any government.
The current spotlight on crypto is because crypto has become more popular than it was a few years ago, so there are people who haven't liked crypto from the past now trying to influence other people not to use crypto.
It is normal that there are people who blame bitcoin and crypto for being used for illegal transactions between warring countries or for illegal activities.
But there are still many people who actually use crypto for good and are interested in changing their lives for the better by making bitcoin a long-term investment.

Blitzboy

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Quote from: Youngkhngdiddy on November 17, 2023, 09:12:56 AM

Quote from: Victorik on November 15, 2023, 02:43:27 PM

Why are we always quick to attribute crimes to Bitcoin and crypto generally? For God sake people launder money using Fiat. People buy weapons using Fiat and other source of extend.
Why is it that the beam light is now on crypto.
I honestly do not think it is right to blame Bitcoin for the fight between Israel and HAMAS.

True they are quick to tag cryptocurrency and Bitcoin as the problem but then money gets going to offshore accounts for malicious reasons, money laundering is has always been the order of the day for fiat currency. They even fund some of this terrorist organizations using fiat currency, so if they really want to cancel bitcoin they should also consider canceling the fiat currency as well, then we can all go back to using your ancestors method which is the trade and barter system. The introduction of bitcoin as brought a lot of good benefits than the fiat and majority are moving to hop on it. They are willing to grab the bull by its horn.
The system, government and even some individuals who feel threatened by the introduction of bitcoin will do anything to prevent the growth of bitcoin because of their personal gains, they tend to pretend they are acting for the benefit of the people, but clearly it’s for their own interests. The masses are fully in support of bitcoin any wise investor will want to own bitcoin and some few alt coin. Regardless of the speculated news going around to scare investors away.Bitcoin is here to stay and it’s not going anywhere. Good thing it’s not control by the government. So they have no power over it.

Fiat cash, historically used for money laundering, raises questions, while Bitcoin is over investigated. This double standard. The old guard feels threatened by the new in this classic. Systems, governments, and vested interests all want power. But Bitcoin? Its the rebel who isnt bound by government rules.

Bitcoin's surge is about financial autonomy, not just digital cash. Think about it; a decentralized currency free from government manipulation is revolutionary. The old system's defenders will resist, fearing loss of control. The tide is turning. Bitcoin is supported by the masses, forward-thinkers, and visionaries. It symbolizes financial power shifts and freedom.

Bitcoin's durability is no small feat; it shows its strength. Please accept Bitcoin and its ability to change our financial future. Its a sign of change, not just currency. Wink

Youngkhngdiddy

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Quote from: Victorik on November 15, 2023, 02:43:27 PM

Why are we always quick to attribute crimes to Bitcoin and crypto generally? For God sake people launder money using Fiat. People buy weapons using Fiat and other source of extend.
Why is it that the beam light is now on crypto.
I honestly do not think it is right to blame Bitcoin for the fight between Israel and HAMAS.

True they are quick to tag cryptocurrency and Bitcoin as the problem but then money gets going to offshore accounts for malicious reasons, money laundering is has always been the order of the day for fiat currency. They even fund some of this terrorist organizations using fiat currency, so if they really want to cancel bitcoin they should also consider canceling the fiat currency as well, then we can all go back to using your ancestors method which is the trade and barter system. The introduction of bitcoin as brought a lot of good benefits than the fiat and majority are moving to hop on it. They are willing to grab the bull by its horn.
The system, government and even some individuals who feel threatened by the introduction of bitcoin will do anything to prevent the growth of bitcoin because of their personal gains, they tend to pretend they are acting for the benefit of the people, but clearly it’s for their own interests. The masses are fully in support of bitcoin any wise investor will want to own bitcoin and some few alt coin. Regardless of the speculated news going around to scare investors away.Bitcoin is here to stay and it’s not going anywhere. Good thing it’s not control by the government. So they have no power over it.

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Quote from: Fivestar4everMVP on November 11, 2023, 04:40:00 PM

so i am personally wondering why this set of people we call the government or lawmakers are acting like they don't know all this.

We all know that the decentralized nature of Bitcoin and other crypto currencies poses an unimaginable threat to those so called government and law makers so it is no longer news that they've shown nothing but hate and displeasure towards Bitcoin, and would stop at nothing to destroy the growth of Bitcoin. They know too well that if Bitcoin eventually attains the height that's been prophesied, they would completely loose control of the economy and this is their greatest fear and the reason they'll fight Bitcoin with everything in their armor, including cooking up cheap lies to aid their fight.

I've not mentioned how the fast rising of Bitcoin also scares the hell out of them, come on you don't think they'll stoop as low as coming up with crazy false accusations to give Bitcoin a bad reputation. Because they clearly have no legal ground to pin Bitcoin down.

Victorik

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Why are we always quick to attribute crimes to Bitcoin and crypto generally? For God sake people launder money using Fiat. People buy weapons using Fiat and other source of extend.
Why is it that the beam light is now on crypto.
I honestly do not think it is right to blame Bitcoin for the fight between Israel and HAMAS.

coolcoinz

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Quote from: CryptoHeadlineNews on November 15, 2023, 01:58:54 PM

So what makes these lawmakers think that this terrorist who could afford to raise millions of dollars in funding Hamas and Israelis fight through crypto, if they had an alternative can't afford doing so with the use cash fiat (i.e dollar notes), which is the most common global currency in the purchase of the ammunition needed for this fight? Because this is one area government will always keep getting it wrong since they literally have no control over Bitcoin, and as such always sees Bitcoin as the main sponsor of internet crimes, which is not so. But however, I look forward to see the authenticity of this story, if is it true Hamas terrorist raised $130 million in cryptocurrency donations in support of the fight or not.

I have a better question. How come one of the best intelligence units in the world (Mossad) did not know that Hamas was preparing an offensive? They did not build all those rockets in a day.
They did not dig all those tunnels and bunkers under Gaza in a day. IMO Israel knew what was coming and used this "opportunity" to launch an offensive meant to take over Gaza once and for all, but that's just my opinion.

If they were getting military support from other countries, it really did not matter if they got some money too, be it in cash, fiat currencies, gold, or cryptocurrencies. It doesn't matter.
What matters is that they got mortars, rifles, ammunition, all that was smuggled from other countries like Syria under the nose of the Israeli intelligence. Stop blaming crypto and start looking at politicians and whole countries involved this attack.

tjtonmoy

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Everyone has two sides. No matter how much you try to flip the coin, there's always going to be two side to it. That applies to everything in this world. Receiving donation in cryptocurrency is good for Hamas and bad for Israel. It changes with people's perspective. If you look at it in a good way then it is good and if you look at it in a bad way then it is bad.
What I believe is, nothing in this world is bad unless a people use it for a bad intention and make it bad. Give me one example of a bad thing and I am ready to argue.

People has been doing crimes. Wasn't there any crime when there was no such thing as cryptocurrency? Of course there was. People were using traditional currency or assets for transactions to do crimes. Not going to lie, but Bitcoin made it easy. Just because it made it easy doesn't mean that it's a bad thing. We as humans, we try to find advantage in everything. Bitcoin has that advantage and people are using it in order to do bad things. That doesn't make Bitcoin bad. Stop focusing on other people's opinion. Maybe in a year or two they will be gone. And their opinion will worth shit. So focus on what you believe and keep believing that.

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Quote

1. Bitcoin itself is not tied to any financial crimes. Yes, it can be use by criminals as a means to receive payment from. There is a difference between misuse by individuals and the Bitcoin technology itself. Bad people are going to do bad things just like the sender said, regardless of the rules surrounding the technology. Even if there is a law to stop Bitcoin in a particular country criminals will not still stop to use the technology in other countries.

Everything in this world has the two sided effect which is the use of it as a means of good or it's use negatively and both are done with the choice of the particular user so tagging Bitcoin as an easy means of financial crimes is just bogus because I believe even the fiat currency is used to money laundering and so many illegal activity as it is also used to complete trade of evil activities so every currency fall under this category because good and bad is seen in almost everything we do in the world today.

syedakhlaque

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It is fact that bitcoin is a business purpose coin. The community joins it have trading or business purposes. It does not support any kind of crime or it has some political purposes but it supports a community that has not proper job or service. It enable them to earn and get a respectable life in the society. It also provide an opportunity to a lot of students males and females to earn to meet the needs of their education requirement. it also support retired and old ages to earn money at home. Bitcoin also provide a positive activity on internet and computer.

CryptoHeadlineNews

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Quote from: Agbamoni on November 11, 2023, 03:11:41 PM

More than 100 lawmakers came together to sign a letter to national security leadership calling for a crackdown on cryptocurrencies. What was their argument? That the Wall Street Journal article proved that terrorists were using cryptocurrency to raise obnoxious amounts of money.

So what makes these lawmakers think that this terrorist who could afford to raise millions of dollars in funding Hamas and Israelis fight through crypto, if they had an alternative can't afford doing so with the use cash fiat (i.e dollar notes), which is the most common global currency in the purchase of the ammunition needed for this fight? Because this is one area government will always keep getting it wrong since they literally have no control over Bitcoin, and as such always sees Bitcoin as the main sponsor of internet crimes, which is not so. But however, I look forward to see the authenticity of this story, if is it true Hamas terrorist raised $130 million in cryptocurrency donations in support of the fight or not.

coolcoinz

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Who's to blame then?

WSJ?
Elliptic?

IMO every single party involved made fools of themselves.
Elliptic provided false data.
WSJ wrote an article without contacting the authors of the research to confirm
Lawmakers filed complaints based on an article...

That last one is probably the dumbest. I'd expect more from elected officials... or not. We all know how dumb and biased politicians are. Just look at Elizabeth Warren.

Die_empty

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Quote from: oktana on November 11, 2023, 03:27:57 PM

Forget all of these, before guns and bombs were invented, people were already killing people. Before crypto, weren’t people being paid in fiat to do illegal activities. Haven’t politicians been doing all of this before 2008? Now Bitcoin is coming up, there are a lot of fingers pointing at it, countries have banned it as if their politicians don’t use it behind the scene. All Satoshi built was a currency accessible to everyone (just like fiat is), so I don’t see why they keep pointing at Bitcoin. If all of these happened in USD, will people highlight USD as a bad currency?

Bitcoin is just a currency like fiat. Money will not select who uses it and for what purpose. Anybody that has access to money can use it for either good or evil. Bitcoin might have been used to finance terrorism but if investigated further we might discover that fiat currency was used more than cryptocurrencies. But fiat money laundering cases don't get the same wide publicity as cryptos.

Quote from: Agbamoni on November 12, 2023, 04:52:25 AM

Obviously, I have deleted the message from my email. I was only concerned that the mail contains a message of a threat on something I found valuable, which is Bitcoin. Perhaps you're not bothered because of the country you live in. There are some countries that are particularly affected by actions taken from countries considered to be world powers, and these actions will also impact those countries. We are talking about the US government, and if such actions are taken there, it may affect many Bitcoin enthusiasts in my country and even our government's decisions on Bitcoin and cryptocurrency at large.

Every day Bitcoin is facing so many attacks and suppression by the government and other unfriendly actors. You can't stop the government from enacting policies but we can always use every option at our disposal to protect our privacy. Ensure you are not giving out your details to centralized platforms. However, the use of criminal activities as an excuse to make unfriendly polices is not new and it will continue to resurface until they find another flimsy excuse.

danadc

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You have to see bitocin for what it is, a safe asset, a money-making tool that offers the highest returns, with the exception that bitoin can always reach the price you want in a new way, in the world there are many that are delicious, they can use fiat money, money in bitcoin to do their misdeeds, politicians too, they can use this to do what they want most, and anyone can avoid it, it's what you give them use for, no one controls bitcoin, no one uses it. owner of bitcoin, the owners are those who have always bought and have it, nothing more, that is the beauty of this technology.

panganib999

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Quote from: oktana on November 11, 2023, 03:27:57 PM

Forget all of these, before guns and bombs were invented, people were already killing people. Before crypto, weren’t people being paid in fiat to do illegal activities. Haven’t politicians been doing all of this before 2008? Now Bitcoin is coming up, there are a lot of fingers pointing at it, countries have banned it as if their politicians don’t use it behind the scene. All Satoshi built was a currency accessible to everyone (just like fiat is), so I don’t see why they keep pointing at Bitcoin. If all of these happened in USD, will people highlight USD as a bad currency?

That's the point. Sensationalize the hate for crypto and bitcoin to divert the hate of the people from those who actually deserves it. If journalists instead emphasize on the fact that some of US's allies are donating money towards the attacks, that would not spell great for the US and for its allies, but if they instead divert the reader's attention towards the fact that they are using cryptocurrencies to facilitate these donations, that allows them to not only clickbait, but also inspire people to hate cryptocurrencies as if it's the reason why these people are getting funded in the first place.

Besides, it's not as if the Hamas are the ones that are oppressing Israel right here. They've literally suffered the brunt of the attacks against Israel for years after World War 2, with their kids being killed and used as target practice for drones at the Israeli borders, now that they press the attack to fight for what's rightfully theirs, they are getting hated? What the flying fuck people.

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