Topic: Bitcoin and Organized Crime - page 2. (Read 801 times)
bitcoin is always associated with criminal organizations. we know that there are many that provide bitcoin statements used for terrorism, drugs, pornography and other crimes. but believe if criminals still need money to be more important than just using bitcoin
money and bitcoin can always be used as any tool, good or bad depending on the user. Like a knife, if you use it wisely, it will be useful.
Yes, sure - it is not correct to blame Bitcoin. It is not a very convenient tool in the hands of the criminal authorities. Most guys that deal with the guns and drugs are very conservative people and prefer USD - mostly cash.
Has bitcoin become the preferred payment method of organized crime groups?
I think there is high possibility that organize crime group use bitcoin in their transaction to misdirect the investigation of police officers in the place they are committing an offense.
I am sure that now a lot of money is being washed with Bitcoin, but this does not mean that this is his main problem at the moment
money and bitcoin can always be used as any tool, good or bad depending on the user. Like a knife, if you use it wisely, it will be useful.
It all depends on the user, one policy in using bitcoin is a positive thing. But there are still many people who use bitcoin and crypto for a fraud and enrich themselves, and all that goes back to the owner.
Lol. Any thinking person wouldn't make a big deal out of this. Obviously what you can do with fiat, you can also do with bitcoin. Given btc's decentralized and anonymous nature, it gives illegal activities more options so why wouldn' they use it.
money and bitcoin can always be used as any tool, good or bad depending on the user. Like a knife, if you use it wisely, it will be useful.
It all depends on the user, one policy in using bitcoin is a positive thing. But there are still many people who use bitcoin and crypto for a fraud and enrich themselves, and all that goes back to the owner.
Lol. Any thinking person wouldn't make a big deal out of this. Obviously what you can do with fiat, you can also do with bitcoin. Given btc's decentralized and anonymous nature, it gives illegal activities more options so why wouldn' they use it.
When Satoshi created bitcoin in 2009, it was never his intentions for bad guys to use it in proagating organized crimes.
The bad guys are using bitcoin because of the anonymous structure, where you cannot be directly linked with your cryptocurrency wallet.
So they see it as a means of hiding their activities away from public scrutiny.
The bad guys are using bitcoin because of the anonymous structure, where you cannot be directly linked with your cryptocurrency wallet.
So they see it as a means of hiding their activities away from public scrutiny.
Bitcoin is by no means 'fueling' organized crime. They are simply taken advantaged of. It is meant to empower people, and people here just happen to include the bad guys. 
Well if you think bitcoin is an organised then satoshi nakamoto would be the godfather 
Well that's just a very wrong view about bitcoin
Well that's just a very wrong view about bitcoin money and bitcoin can always be used as any tool, good or bad depending on the user. Like a knife, if you use it wisely, it will be useful.
It all depends on the user, one policy in using bitcoin is a positive thing. But there are still many people who use bitcoin and crypto for a fraud and enrich themselves, and all that goes back to the owner.
money and bitcoin can always be used as any tool, good or bad depending on the user. Like a knife, if you use it wisely, it will be useful.
It all depends on the user, one policy in using bitcoin is a positive thing. But there are still many people who use bitcoin and crypto for a fraud and enrich themselves, and all that goes back to the owner.
A French security official was arrested last week on charges of selling state secrets on the dark web and accepting bitcoin in return.
https://www.coindesk.com/french-officials-allege-intelligence-agent-sold-state-secrets-for-bitcoin/
Has bitcoin become the preferred payment method of organized crime groups?
Of course not, when bitcoin becomes the preferred payment method under any circumstance then that is when you can say that it has become the preferred method for criminals, until that happens bitcoin is still a currency that is only used by a very small segment of the population and that is not really popular, so like always people are overreacting for a single news that does not represent what really happens. https://www.coindesk.com/french-officials-allege-intelligence-agent-sold-state-secrets-for-bitcoin/
Quote
The agent had been working with members of an organized crime group, as well as specialists in economics, according to the report.
Has bitcoin become the preferred payment method of organized crime groups?
money and bitcoin can always be used as any tool, good or bad depending on the user. Like a knife, if you use it wisely, it will be useful.
Unfortunately yes, most of the "secret" transaction that require more anonymity, the people will prefer to used bitcoin, if we are talking about darkweb then all of the transaction will be using bitcoin, but bitcoin is just a medium, so whatever the transaction happen people should not blame the bitcoin, fiat also constantly being used for crime
I think that criminals should beware of using Bitcoin. Bitcoin stores all transactions that have been online and this will make it harder for criminals to hide the relationship between their wallets.
...Has bitcoin become the preferred payment method of organized crime groups?
Nope. The U.S. dollar still reigns supreme as the currency of choice for organized crime.
Bitcoin is accepted by dumb criminals that don't realise that bitcoin is traceable. They should start to accept anonymous / privacy based crypto like deeponion or xspec
Despite the fact that bitcoin is use for online payment in a decentralized approach, which can never be trace the truth still remains that bitcoin is the best and secured mode of doing transactions in a peer to peer platform. But even the us dollars euro are all use to carry out crimes so is not only bitcoin that is use for organized crime.
I believe bitcoin just like other currencies can be used for both good and bad intentions depending on the holder of the money. Hence one cannot easily say that bitcoin is use for dishonest purposes.
I am very happy to know that I own a coin that is compliant with AML and KYC. AML BitCoin rests on a privately regulated public blockchain that facilitates AML-KYC compliance and identifies criminals associated with illicit transactions while maintaining and strengthening the privacy protections for legitimate users.
Has bitcoin become the preferred payment method of organized crime groups?
Lol,quite a funny one, Judas sold Jesus Christ for 12 pieces of silver,one of the highest crimes till date,and up till now silver is still precious and it's popularity hasn't wanedIf bitcoin can be used as payment for more crimes in exchange for far more popularity,acceptability and stability,i think more payments should definitely be made
Judas sold Jesus for 30 pieces, know your Bible
and the "bitcoin is the preferred payment of organized crime" has been debunked ages ago
it dwarves in comparison to USD in terms of volumes, hell in every aspect there is
the thing is that bitcoin is a relative novelty and anything that happens to it crime related immediately makes the news
while there are millions of dollars stolen and paid in ransoms, bribes etc. daily that nobody really cares about
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