Topic: Bitcoin Are Now Used in Crimes - page 40. (Read 13114 times)
Any currency in the world can be used in the "dark web". Money laundering happens with both bitcoin and fiat currencies. Bitcoin offers more anonymity? Yes,of course.. but that doesn't mean bitcoin is the only currency used in crimes.. Money is a tool that helps us human make transactions and bitcoin offers us a more reliable way to do that,without the centralization and control of banks and governments.
bitcoin is a one of high value and legal currency.. not only bitcoins but also all valid currencies use for crime..
Bitcoin became more popular due to recent crime.
Bitcoin became more popular due to recent crime.
To be honest this time I just found out that bitcoin can be used for crime, so we all have to be alert and vigilant, so we will not be trapped or get crime from people who abuse or use bitcoin names for crime, thanks for the information, so who who do not know now can be more careful. Hopefully those who use bitcoin for crime are immediately aware.
if in my country that Indonesia is often heard bitcoin news is used as a means of transactions between countries for drug transactions because the payment is easy and can not be traced by the police government, making it difficult for the government to track transaction activities. Even so we have it own that technological progress has a positive impact and negative impact of our lives that determine will be in use for good or bad things.
Sometime bitcoin are used in crime. I know every work has some good and some bad site. If we avoid bad site it is help for all. Our country didn't want to permission bitcoin because our govt thik it is best of the key for crime. So I thik bitcoin needs special rules for crime. Sorry for my bad English
if in my country that Indonesia is often heard bitcoin news is used as a means of transactions between countries for drug transactions because the payment is easy and can not be traced by the police government, making it difficult for the government to track transaction activities. Even so we have it own that technological progress has a positive impact and negative impact of our lives that determine will be in use for good or bad things.
sad but true
well even the real money used in crimes
my mean everything that have currency or sale value can be used in crimes
well even the real money used in crimes
my mean everything that have currency or sale value can be used in crimes
I believe that whenever something new come it come with advantages and so as with disadvantages. As bitcoins allow a lot of cyber criminals new opportunities. Bitcoin’s underlying blockchain technology offers would-be cyber criminals two distinct advantages. By operating as a decentralised currency, whereby people pay each other without a middle man (like a bank or other financial institution), it provides a considerable amount of anonymity.Bitcoins can be held in virtual wallets identified only by a number. According to a recent Cambridge University study, as many as six million people around the world have a wallet of this kind, and spend bitcoins on goods from the increasing number of retailers now accepting the currency, as well as illicit goods like drugs and firearms on the digital black market.Sometimes perceived as the “wild west of finance”, the cryptocurrency space has been connected to various scams, hacks and other criminal activities which have taken advantage of this
This causes the bitcoin became popular and thus it affects its demmand.People are free of there actions so they can do whatever they want especially with bitcoin.Crimes are everywhere and criminals really finds way how they can transact such a big money and they see the opportunity that using bitcoin can help them untraceable and p2p transaction is so easy.We know that bitcoin is not created to do such criminal activity but we cant control people's mind doing such bad intention.
Everything may happen, but do not look at the bitcoin from the negative side, the positive side of bitcoin is also very much. Such as helping us who hate the current bank system, taxes and other things.
Bitcoin is better than any traditional currency, decentralized system where we do not
depend from government will. I do not hate current bank system, over the years people
are using that system to become more rich on other people misery and that is how whole
world works.
With new system that bitcoin offer to use we can see better days. Criminals in suits and
with guns will use any medium to fulfill their intentions, bitcoin is just a tool for them and if
they can they will use what ever is on their way.
Bitcoin may help crime individuals in the way authorities define what is crime and what is not. For example in some country holding alcohol is not a crime but selling alcohol is crime then if a dealer sells alcohol with bitcoin he does not do a crime, because bitcoin is not money. And many other cases as well, such as avoiding taxes, illigal international tranfers etc.
But you know what, the fact that kitchen knives is common tool for crimes does not mean it is gonna be forbidden. Same with bitcoin
But you know what, the fact that kitchen knives is common tool for crimes does not mean it is gonna be forbidden. Same with bitcoin
I think the same as you as you can see from my words. Traditional currency can be a knife, bitcoin
is laser cuter. When you use bitcoin you need to open computer to make transactions and it is
transparent, I like idea behind it criminals will be able to hide their actions.
Bitcoin has the same purpose with money. Anything that money does, bitcoin can also do. It's not shocking anymore that bitcoin will be used in illegal matters. And also Bitcoin is more convenient is this type of transaction since one's identity can hardly be traced.
Indeed. Any one who is commiting and will do crimes will do anything just to do it. So like you said, whether it was in the form of cash or bitcoin, they will still do it for the sake of committing crimes. Bitcoin is the best way to do such acts because like you said, no one can trace your identity.
Everything may happen, but do not look at the bitcoin from the negative side, the positive side of bitcoin is also very much. Such as helping us who hate the current bank system, taxes and other things.
Bitcoin may help crime individuals in the way authorities define what is crime and what is not. For example in some country holding alcohol is not a crime but selling alcohol is crime then if a dealer sells alcohol with bitcoin he does not do a crime, because bitcoin is not money. And many other cases as well, such as avoiding taxes, illigal international tranfers etc.
But you know what, the fact that kitchen knives is common tool for crimes does not mean it is gonna be forbidden. Same with bitcoin
But you know what, the fact that kitchen knives is common tool for crimes does not mean it is gonna be forbidden. Same with bitcoin
I think it can happen also. That's maybe the worst ever happen with bitcoin. Its really a broad idea on how to regulate these crimes. I just hope that those using it for good and best welfare of everyone will not be included. This is invented by human beings so probably there should be some formal conference about this between the authorities and the inventors of bitcoin. Well, these are just my ideas and opinion. As for now, we'll just pray for peace and order.
Bitcoin has the same purpose with money. Anything that money does, bitcoin can also do. It's not shocking anymore that bitcoin will be used in illegal matters. And also Bitcoin is more convenient is this type of transaction since one's identity can hardly be traced.
Indeed. Any one who is commiting and will do crimes will do anything just to do it. So like you said, whether it was in the form of cash or bitcoin, they will still do it for the sake of committing crimes. Bitcoin is the best way to do such acts because like you said, no one can trace your identity.
Its totally possible that bitcoin is having an unfair share of bad press. Criminals will always find a way to hide their nefarious engagements. Studies have shown very minimal usage of bitcoin by crime organizations for funding illicit activities.
Long back itself bitcoin has got its usage into crimes. In specific it got its increased usage into illegal transactions as well into drug purchases. Recently several countries legalized the usage of certain drugs for medicinal usage. As a part one ico too has got existed based on marijuana. Hope in the upcoming days the usage of bitcoin into crimes will decrease drastically.
haha, so is fiat. Everything is used in crimes. gold, fiat, crypto, cash, wires, banks, dont think you can FUD bitcoiun with comments like that my friend.
This is an irony, when everyone enthusiastically uses bitcoin precisely some people use bitcoin for illegal purposes such as criminal drug sales, illegal weapons, human trafficking and so on.
It's no different to people using fiat money as a medium for drug trafficing and prostitution, the only difference is that bitcoins costs way much and is untraceable after transaction. This distorts the image of bitcoins and I hope this stops.
This is an irony, when everyone enthusiastically uses bitcoin precisely some people use bitcoin for illegal purposes such as criminal drug sales, illegal weapons, human trafficking and so on.
Bitcoin has the same purpose with money. Anything that money does, bitcoin can also do. It's not shocking anymore that bitcoin will be used in illegal matters. And also Bitcoin is more convenient is this type of transaction since one's identity can hardly be traced.
Indeed. Any one who is commiting and will do crimes will do anything just to do it. So like you said, whether it was in the form of cash or bitcoin, they will still do it for the sake of committing crimes. Bitcoin is the best way to do such acts because like you said, no one can trace your identity.
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