Topic: Bitcoin Are Now Used in Crimes - page 14. (Read 13114 times)
Bitcoin is used for crime. You can look back and see for yourself. I doubt it will change soon in the near future, but that should not be a reason for people not to accept Bitcoin. Because bitcoin can not be traced.
Bitcoins are being banned in some of the countries because the government are avoiding problems like this, Bitcoins is a digital currency and can be used for illegal transactions by the terrorist and government are only taking precaution that's why they are banning bitcoins.
Not the bitcoins fault for the crimes made. The criminals are just taking advantage on bitcoin's anonymity. Don't make the bitcoin become the suspect here and remember that bitcoin has more helpful features than helping criminals.
The single most criminal currency on the planet is US dollar. Black market all over the world relies on cash dollars. So, in order to destroy the black market, cut of the terrorists money supply and install democracy all over the planet, we shall abolish the dollar.
Any advanced technology was used primarily for military purposes and crimes. Therefore, it is not surprising that the digital currency is now used by criminals, given its anonymity and decentralization. However, this should not affect the prospects of introducing a digital currency into our life, which makes it much more convenient and comfortable.
From the very start, we all knew here that Bitcoin is very much an open source to use it for good and bad purposes, depending on the users of bitcoin if that people is a bad person. But I know which everybody knows it too that Good people are prevails in entire world. So, still majority of the bitcoin users are using it for good purposes and legal activities as well.
I think the title should be "Bitcoin Can Be Used In Crimes". That's right only few people use it in bad ways and the majority use it for good. In my opinion any kind of currency can be used in crimes as long that it has value and it only needs common sense to understand that.
(don't get me wrong) Additionally, We are in a free world we can do what ever we want but in the end we will be accountable on all things that we do even if it's good or bad.
From the very start, we all knew here that Bitcoin is very much an open source to use it for good and bad purposes, depending on the users of bitcoin if that people is a bad person. But I know which everybody knows it too that Good people are prevails in entire world. So, still majority of the bitcoin users are using it for good purposes and legal activities as well.
That's 1 insanely broad discussion if you ask me.People use paper money in crimes, what's so strange about BTC and crimes ? I can't really find a difference tbh. Your thread subject should be renamed to "Money (in general) is now used in crimes" lmao.
Everything has it's pros and cons if you ask me ... sadly nothing can be done about it.
Everything has it's pros and cons if you ask me ... sadly nothing can be done about it.
yes obviously coz its untraceable and thats why its banned in few countries.
Yes, it is true bitcoin is used crime like deep web you command to kill someone or anything that you hate in earth but consequence you give a bitcoin to move and work what you say base on my opinion.
what if bitcoin are made by the crimes and for crimes ?
have anyone thought like this ?
have anyone thought like this ?
This kind of publicity it's what big media wants to convince people that bitcoin it's bad, it's used for ilegal things.
Yes, it can be used in crimes, like any other currency.
But for true - gorernment can track all BTC transactions, and can track people who payed for some crimes.
But for true - gorernment can track all BTC transactions, and can track people who payed for some crimes.
Yes indeed...Just like cash, Bitcoin is now also being used as an exchange medium in illegal activities. Even more today since the price is consistently rising and Bitcoin demand is massively increasing. Due to Bitcoin anonymity, criminals can freely use Bitcoin in their trades. This is sad, but since Bitcoin is an open access digital currency, criminals also have the benefit of an easy transaction.
Due to the fact that the government has no hold of it because its decentralized, no way that they can intercept illegal activities. On top of that, bitcoin can be good tool for criminals who launches ransomware which will only ask for their victims to deposit their ransom money at a particular btc address since transactions made over the blockchain is completely anonymous where you wouldn't know who is the sender or the receiver.
I seriously do not care about btc or other lat used in DarkWeb because Drug deaers will be with or without it and there are a ton of other arguments.
But I do care that btc /alts could be used by countries like IRAN or northkorea to bypass sanctions, that realy su**s
But I do care that btc /alts could be used by countries like IRAN or northkorea to bypass sanctions, that realy su**s
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.
Technically speaking, even the fiat moneys are always used for crimes. Money/currency is not the matter. It is the user who use it for crime or illegal matters. Do not be surprised if the bitcoin is actually used for so called crimes^. Even you and me could use it on crimes and yes of course we could use it for legitimate stuff like what we really wanted to. 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.
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.
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.
Bitcoin is used in crimes since day one man, i mean lots of money laundering comes over this kind of untraceable technology.
In the world of bitcoin, vigilance is the key to avoiding crime on the internet that mode is very diverse. The uses of all available security facilities provide a sense of security to bitcoin users. The rampant bitcoin that is used for crime is our responsibility so that more and more people can trust bitcoin as a transactional tool for the sake of development.
As any othe type of money, Bitcoin is used for all sorts of activities, including crimes. It shouldn't stop people from investing in it though.
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