Topic: Bitcoin Are Now Used in Crimes - page 13. (Read 13114 times)
Yes, definitely, every year the New Year sees a big increase in the rate due to the high activity of the black market, there are large purchases of drugs before the holidays, and then where from January 3 there is a correction!
It seems to me that the dollar and the euro are much more used for criminal purposes than bitcoin, but this is not a reason to forbid them. If someone says that cryptocurrencies support crime, then this is nonsense)
Precisely this - treat the disease not a symptom. Go after the criminals for the crime they actually committed. The bottom line is governments want the ability to track every penny you spend/take in so they can get a cut. They care way way more about that than the small amount of crypto used in crimes.
As more and more banks and governments are starting to take Bitcoin and blockchain technology seriously, you will see that cryptocurrencies will be used to counter crime rather than stimulate it. Maybe some banks have just been telling scary stories about Bitcoin to delay the inevitable while they prepare their systems for acceptance. In other words, make people sell so they can buy low.
In this scheme, I don't quite understand how they quietly cash out bitcoins to pay suppliers of equipment. Another thing, if the providers accept bitcoin. Then again, it is unclear how providers will cash out bitcoin to Fiat. Or is it only in some countries problems with the exchange of bitcoins?
It seems to me that the dollar and the euro are much more used for criminal purposes than bitcoin, but this is not a reason to forbid them. If someone says that cryptocurrencies support crime, then this is nonsense)
Yes bitcoin are used in crimes because it is intractable network based currency. Bitcoin help criminals to attacks. Internet and computer security is extremely weak, while hackers have been getting much more sophisticated, so it would make sense that attacks would rise. It is clear that Although bitcoin is a secure currency yet it can be dangerous.
Just because you do not know the method of hacker attack your system, so, you do not know the solution to avoid it. Nothing is safe 100% and risk 100%, everything all balance and as long as you understand how it works, you can avoid it.
Yeah that advantage of bitcoin of decentalized and untracable so people using for crimes
Since btcoin was an right of entrance source, it is not fantastic that bitcoin was best used if the person is a bad person were they are abusing the usage of bitcoin. But if the individuals are not play a role any illegal happening bitcoins will be abuse of course.
Bitcoin can be the best payment criminals can ever had. Since transaction cannot be track and they remain anonymous that way. Base on what i heard they are using darkwebs in order not to be track by their IP.
Yes bitcoin are used in crimes because it is intractable network based currency. Bitcoin help criminals to attacks. Internet and computer security is extremely weak, while hackers have been getting much more sophisticated, so it would make sense that attacks would rise. It is clear that Although bitcoin is a secure currency yet it can be dangerous.
Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.
There's always good and bad in everything. The internet was suppose to help students to improve in class but it's more on the opposite. Bitcoin is made for improving our economy but bad people used it for crimes.
Any type of currency can be used by criminals. I don't think that terrorists use bitcoin while buy weapons
yes, there are some people who use bitcoin for crime and are very unfortunate, they cheat and harming many people, they choose to use bitcoin because it is difficult to track bitcoin and there is no law governing it.
Not only bitcoin, because nowadays any one who have a value can use in crimes. And we do not control it though.
Bitcoins has regained its strong value, As of this posting, the value per 1 bitcoin is exactly 4786.59 US Dollar. Soon we will see more ways people can squeeze the most out of bitcoins. Since the advent of the internet to be profit oriented in the 90's, no one would possibly have imagined that the Internet would breed Facebook, Google, Uber, online streaming, etc. This is where we are with the Blockchain now. There exists a whole world of opportunities out there.
These opportunities have the unrighteous users of this cryptocurrencies to also used its advantage. We cannot deny for a fact that cyber crimes have been committed since the birth of the internet. Once, stealing was done with having guns, now, robbers can easily hack bank accounts or counterfeit credit cards to their advantage. Sooner, cryptocurrencies can be used to pay crimes such as services for creating counterfeit birth certificates and this is not far from happening. Actually, the US has already cases on this matter.
Another is the crime of buying illegal-drug emporium that used Bitcoin as a medium of exchange, politicians and policymakers took notice. Criminals, it turns out, really like bitcoins, which can be exchanged for nefarious purposes on the "Dark Web," with complete anonymity and, it seems, impunity.
Although, there are some articles that i have read regarding criminals cannot hide behind bitcoins, still, there are difficulties tracing transactions using cryptocurrencies. That is why law enforcement agencies should have a to change their procedures to pursue criminals who make use of the latest technology to commit crimes. Let the law find a way to evolve to address new tech challenges. There is no reason to expect that law enforcement won’t be able to get a handle on this new cybercrime.
Yeah. It is one of the reason of the some government ehy they banned or illegalized the bitcoin in their country because bitcoin is used for the crime activity. And bad people used the advantage of bitcoin to do what they want like the bitcoin is untraceable so they safe if they had a negotiations like in the black market and other illegal site. These opportunities have the unrighteous users of this cryptocurrencies to also used its advantage. We cannot deny for a fact that cyber crimes have been committed since the birth of the internet. Once, stealing was done with having guns, now, robbers can easily hack bank accounts or counterfeit credit cards to their advantage. Sooner, cryptocurrencies can be used to pay crimes such as services for creating counterfeit birth certificates and this is not far from happening. Actually, the US has already cases on this matter.
Another is the crime of buying illegal-drug emporium that used Bitcoin as a medium of exchange, politicians and policymakers took notice. Criminals, it turns out, really like bitcoins, which can be exchanged for nefarious purposes on the "Dark Web," with complete anonymity and, it seems, impunity.
Although, there are some articles that i have read regarding criminals cannot hide behind bitcoins, still, there are difficulties tracing transactions using cryptocurrencies. That is why law enforcement agencies should have a to change their procedures to pursue criminals who make use of the latest technology to commit crimes. Let the law find a way to evolve to address new tech challenges. There is no reason to expect that law enforcement won’t be able to get a handle on this new cybercrime.
From the things what I read about bitcoins some people use this as opportunity to deal with illegal activities.
This kinds of activities are not tolerated and allowed by the company of bitcoins. They have a coordination with the government to stop this illegal activity
This kinds of activities are not tolerated and allowed by the company of bitcoins. They have a coordination with the government to stop this illegal activity
The illegal activity which use bitcoin is transaction methode is reduced, now most of people are use their bitcoin in exchange site and online shop or service. Its more positive now.
Bitcoin was and still used for illegal stuff in the dark web. Being untraceable was the main reason for bitcoin being used on illegal stuff.
In the first two years, bitcoin was more money laundering, but this year it has changed, and bitcoin has begun to play a big role, and its role has changed.
Jump to: