All in the world have enjoyable and bad effect. But it depend on the devotee that how the fan can use bitcoin. Bitcoin is a portion and if the enthusiast used it for something goods subsequently it is best for him and plus for group and if the user used. It for bad thing taking into account criminals etc subsequently it's bad for society and bitcoin behind as well as.
Yes it can be and I think being decentralized I think it is an easy way to the criminals to transfer money. I think that is the reason that it is bann in most of the countries. BTC transactions can't be detected. This helps the criminals to make a financial transaction easily and quickly without much efforts. This is the biggest threat of BTC usage. Govt. also taking this issue more seriously now, and therefore either want to regulate the BTC Transaction or BAN it to remain safe. 
Topic: Bitcoin Are Now Used in Crimes - page 15. (Read 13102 times)
The media very often emphasize that criminals use bitcoin for criminal activities. It seems to me that they want to create an association with something negative. Nobody says that dollars are used in criminal activity.
more than 10$ fee no one will use bitcoin in any thing not in crime.
all just holding and wallet give notification
Yes some criminal minded people used bitcoin to do crime. Like to buy drugs and weapons. So in sense money is also used to commit crimes and criminal activities. So it depends on mentality there is always two side of mirror good and bad. It depends on people what to choose good or bad. all just holding and wallet give notification
Bitcoins are used in crimes because of the added security to it, which would result in the mush higher difficulty to trace who used the currency to transact something illegal.
There are a lot of criminal groups using bitcoin to wash money. There are many ways to get rid of bitcoin thanks. And the government can not control the money flow of its own country
All in the world have enjoyable and bad effect. But it depend on the devotee that how the fan can use bitcoin. Bitcoin is a portion and if the enthusiast used it for something goods subsequently it is best for him and plus for group and if the user used. It for bad thing taking into account criminals etc subsequently it's bad for society and bitcoin behind as well as.
USD is used in crime.
/thread
/thread
Unfortunately Bitcoin uniqueness paved the way to those with criminal mind to use Bitcoin in their activities, money laundering, scamming, selling knock offs on-line, any kind of criminal activity bitcoin can be used because one can use this and remain anonymous. When the Government starts to step in and regulate, this will not stop them from using it, they will just think of other ways.
Yes many people has been used bitcoin in crime. There are many people out there that doing bad things so you should be careful. One of example of crime that people's doing is scamming people. They will make you believe that your money will get doubled if you invest your money to them then after a while the company will close suddenly.
BTC being decentralized and anonymity in a transaction is one of the major reasons why BTC is used in illegal activities like drug abuse(sale and purchase) and even terrorist activities.
This is the only reason why most country's central authorities are unable to evaluate the legal entity of BTC as a payment mode.
This is the only reason why most country's central authorities are unable to evaluate the legal entity of BTC as a payment mode.
Do not be too thoughtful, real money is often made for crime. It all depends on the user, we can not limit a user to what will be done to what he has. It's their right.
maybe bitcoins can be use for crimes for example on ransom money. instead of fiat money they will only use bitcoin wallet for the transactions. and because bitcoin is decentralized digital currency which does the transactions with Anonymously no one can trace them. bitcoins can be use also to buy illegal drugs.
My question is: every single currency is being used for criminal acts. Should we ban all of them?
In fact USD is being used for illegal stuff much more than cryptos
In fact USD is being used for illegal stuff much more than cryptos
There's nothing we can do about bitcoin being used in crimes. Since it is untraceable, btc can be used easily for payments in illegal transactions. But let us be reminded that even before bitcoin, criminals are still using money illegally so whichever comes to them, bitcoin or fiat, they will use it.
Dude anything and everything is used in crimes. Also it is funny you say that bitcoin transactions are hard to trace in crimes. When has it ever been easy to trace criminal activity? That is the point to make it as untraceable as possible. Do you think before bitcoin was born that criminals never had other methods? Then people also go on about laundering money, that has also been going on for many many years long before bitcoin ever came along.
A pillow can be used in a crime to suffercate someone. Does that make the pillow bad? Bitcoin is a tool. People use tools or abuse tools. If a criminal can abuse something then they will. It does not matter what it is. If it can be abused and used to make money they will use it.
A pillow can be used in a crime to suffercate someone. Does that make the pillow bad? Bitcoin is a tool. People use tools or abuse tools. If a criminal can abuse something then they will. It does not matter what it is. If it can be abused and used to make money they will use it.
It is sad to say that Bitcoin is taken advantage by the criminals to transfer the bigger amount of money from one country to another country. This practice is widely used by most of the companies located in China. According to the report, the money-laundered already reached to millions of dollars. You can check this link for the detailed information: http://www.bitcoinsan.com/2017/11/the-volume-of-laundered-money-is.html
In today's world crime rate increase speedily and somehow bitcoin playing a effective role in it. Although bitcoin is used for various good propose it is also used in many criminal activities. Anti money laundering is of the serious issue related with it. Many Anti social activities are also associated with like kidnapping, bomb blasting, child pronography, etc. Many terrorists organisation use bitcoin for their criminal activities, they use bitcoin for their money transaction, because money transaction through bitcoin doesn't need any third party like banks, so it is difficult to trace.
more than 10$ fee no one will use bitcoin in any thing not in crime.
all just holding and wallet give notification
all just holding and wallet give notification
for criminals, anything could be an opportunity for them to commit a crime including in bitcoin because in bitcoin their deeds are hard to trace and there is no law that can protect the bitcoiner from losing their money, it's unfortunate there are people who do that, harming others
Yes this true but sad. I am also very shocked to know that now Bitcoin is also used in crimes. A true Bitcoiner will never do such things. The people who use Bitcoin in crimes they are not belong to Bitcoin community.
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