Cash/fiats are much widely used in crimes than bitcoin. After all criminals needed cash more than bitcoins or other crypto. Government should regulate more crimes than crypto just sayin
If bitcoin is used in crimes then it is not the fault of bitcoin it totally depend on the user and yeah flat is more used In crimes so one can start blaming bitcoin just because it is used in the crimes see the positivity of bitcoin that is being given to investor one can easily shop from everywhere in this world and more of it is like knife one can use it for cutting throat as well as for surgery so it’s not fault of bitcoin. 
Topic: Bitcoin Are Now Used in Crimes - page 42. (Read 13106 times)
Yes, bitcoin can be used for or in criminal activities. It's easier to pay with and stay untraceble.
Bitcoin is traceable and that is why it is better for survival than monero or zcash which I am sure the "authorities" will hate in the future more than they do bitcoin.
I'm pretty sure that dollars, pounds, euros, reminbi, ducats, shekels, drachmas, francs, rupees and rubles have also been used in crimes.
Yes, bitcoin can be used for or in criminal activities. It's easier to pay with and stay untraceble. But youcan not blame bitcoin for that. You could have money laundry and other illegal stuff with bitcoin, but it's the user who should be blamed.
Criminals also use USD, and more money is used to scam with USD than bitcoins. The more you know!
everything in the world have good and bad effect. but it depend on the user that how the user can used bitcoin. bitcoin is a money and if the user used it for something goods then it is best for him and also for society and if the user used it for bad things like criminals etc then its bad for society and bitcoin future also.
Bitcoin likes a kind of money. For sure, there is no way to prevent crimes use Bitcoin for money laundering, drug trafficking,... The good way is that we can set rule to restrict them.
everything in the world have good and bad effect. but it depend on the user that how the user can used bitcoin. bitcoin is a money and if the user used it for something goods then it is best for him and also for society and if the user used it for bad things like criminals etc then its bad for society and bitcoin future also.
You can use almost any tool for criminal purposes. What if we ban knifes from being produced because someone can use it to kill people, what about the majority of people that use and needs knifes just to prepare his meal ? Some consensus must be reached and that consensus is that majority cannot pay for the minority doing bad !
Wel based on the news i haves heared bitcoin is really involved into illegal things they used it as a payment gateway to pay those illegal crimes happens in the real world since bitcoin doesn’t have much needs idendity which is safe for those who are paying to paying nowadays its becoming into a big reality and becoming the payment of all illegal crimes
Probable, nowadays it’s being used in crime but just as real money is being used. Not just bitcoin are used for crime.
From centuries, pirates, robbers, thieves are stealing all valuable things.
After digitalisation hackers are hacking computers, bank, duplicating Debit & credit cards asking valuable currencies USD$ as ransom.
As bitcoin has become the most valuable and continuously uprising currency it is obvious they will use it.
It is quiet hard and almost impossible to crack blockchain and steal bitcoins so hackers are not touching it directly.
They are using backdoors and hacking wallets, stealing private keys.
Current WannaCry ransomware attack, shocked many personal and government institutions get affected badly.
These hackers asked all their payments in Bitcoins.
They used bitcoins because they are entirely untraceable.
One cannot stop these crimes but bicoin community must stop the bad publicity of its most valuable currency.
After digitalisation hackers are hacking computers, bank, duplicating Debit & credit cards asking valuable currencies USD$ as ransom.
As bitcoin has become the most valuable and continuously uprising currency it is obvious they will use it.
It is quiet hard and almost impossible to crack blockchain and steal bitcoins so hackers are not touching it directly.
They are using backdoors and hacking wallets, stealing private keys.
Current WannaCry ransomware attack, shocked many personal and government institutions get affected badly.
These hackers asked all their payments in Bitcoins.
They used bitcoins because they are entirely untraceable.
One cannot stop these crimes but bicoin community must stop the bad publicity of its most valuable currency.
Not now bitcoin is used for crimes after it launch on the market
The tendency that bitcoin is used to perpetuate crime is very obvious, even before bitcoin western union money transfer was fraudulently used to transfer cash by terrorist, money laundering is commonly used to send cash to criminals and it is likely that bitcoin is also used to transfer cash but in the point of exchanging to fiat if it is a huge amount of money the recipient may be questioned to get the source of the money by security agents
Always feared Bitcoin will be used for things that are not true, and this is what makes my country's government has not legalized Bitcoin. Only irresponsible people do it all, I am very disappointed because people who destroy Bitcoin ..
It CAN be traced unless you mined it yourself. You have to register on an exchange or meet up with someone to buy it!
it doesnt matter who mined it, weather it be some middle school student that just discovered bitcoin, a major pool, or yourself. regardless of who actually finds the block, your transaction's hash is still public on the blockchain for everyone to see, as well as the source and destination addresses of the funds. don't know where you got that idea though. excuse to try to criminalize bitcoin, like other currency is not being used as criminal tools
exactly. i bring this point up every time someone tries to say 'bitcoin is used by criminals,' which isnt untrue, but always fails to examine the fact that just about anything of value can be used in a trade, and therefore, in a criminal trade. gold, dollars, euros, weapons, etc, can all be used in part of a trade.
Since bitcoin was an open source, it is not astonishing that Bitcoin was being used if the person is a bad person were they are abusing the usage of bitcoin. But if the individuals are not doing any illegal activities bticoin will be abuse of course.
I heard more about bitcoin used in criminals through the media, but not the only currency or code used in the crime.
Why do you think Bitcoin can develop so far if it's completely legal? I think everything always has its downside, and Bitcoin, too, has the money from the illegal activities that drive Bitcoin's development and everything is secure so this is the ideal place for Illegal transactions occur. Because of this, I always worry about the future of Bitcoin
New technologies have always been used primarily by criminals and the military. Then they already entered the everyday life of ordinary citizens. Also, criminals are always one step ahead of law enforcement agencies in the ways of committing crimes. Therefore, it is not surprising that relatively anonymous crypto currency is used for criminal purposes. It is the task of law enforcement bodies to find ways to uncover them. We should not give too much attention to this issue.
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.
We can not really avoid such situations especially Bitcoins is also a form of money on the internet. So what we can do is to report it but to whom? The Bitcoins are decentralized and nothing plays them if not all of us.
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