Topic: Bitcoin Are Now Used in Crimes - page 45. (Read 13138 times)
Actually this is not the time where this certain matter occurs. In fact, the main currency in deep web is the main cryptocurrency we've known. Bitcoin. Bitcoin is the currency in which they use in buying drugs and Etc.
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.
OF course they are it was only a matter of time when the criminals or the syndicate heck the mob figured out how to integrate this into their schemes. With bitcoin it is digital fast, paperless almost gives off no trace and can be accessed anytime which is very perfect for them.
I agree with you, although reluctant to accept it, I have to say that there are a lot of transactions in bitcoin traders, such as the Silk Road website.
It is one of the base currencies of the dark net. I can only hope that the users of bitcoin will become more civilized and welcome this peaceful era.
It is one of the base currencies of the dark net. I can only hope that the users of bitcoin will become more civilized and welcome this peaceful era.
this issue bitcoin are now used in crimes are not good for the cryptocurrency reputation i suggest need to study how to prevent bitcoin used by the criminals people, i think have an solution to resolve this problem to kickout the criminals into the crypto world.
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.
First of all there is no "NOW" in bitcoin usage in illegal activities.
Also there are several levels of illegality so to speak since , you can speak of illegality when people do not pay taxes from their bounty campaigns also.
Second " with complete anonymity " bitcoin does not give you complete anonymity.
There always be some DarkSide of any currency. I think that worst thing about BTC and alt-coin use is that nations like NorthKorea can use them to bypass International sanctions.
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.
Look, most of the money in your wallet is coated with trace ammounts of illegal drugs. Diamonds that end up o our streets are traded for the deaths of child soldiers in Africa. basically everything has a bad element to it. To keep associating Bitcoi with drugs is to ignore the fact that criminals simply use any means that works and Bitcoin is only 1 part of that.
There are a lot of cases that bitcoin has been use for illegal transaction and i think that is one of the reason why it is being thought as a scam by most people.
Yes, I know that a lot of people are using btc for selling drugs or even worse. But the point is that government can not ban it because it’s oblind money and it’s so hard to track it.
Cash is used way more in crimes then BTC ever will !
actually it’s not just bitcoin can be used as a tool for crime, the government’s fiat money is also used ass tool for crime, so either we want or not we have to accept the bad news about bitcoin because there are many people who still misuse the bitcoin. I've also read a thread with a title bitcoin is used to buy drugs and I hope governments in the world who have accepted bitcoin can prevent crime by using bitcoin.
Since Bitcoin is decentralized and can be used without proper identifcation, it has been used in crimes eversince it was created. Let's not judge it because of that. Let's look on the brighter side. Bitcoin is now giving hope to people and helping them to reach their dreams. It is teaching us the alue of investing.
You’re right, actually bitcoin is created with a very noble purpose. Bill Gates once said that with the bitcoin existence it can help to reduce poverty in this world, and the problem is there are still people who misused bitcoin for crime and scam that can incur losses to the victims .
many poor people have helped by bitcoin, become better in financial because of additional income from bitcoin
Since Bitcoin is decentralized and can be used without proper identifcation, it has been used in crimes eversince it was created. Let's not judge it because of that. Let's look on the brighter side. Bitcoin is now giving hope to people and helping them to reach their dreams. It is teaching us the alue of investing.
You’re right, actually bitcoin is created with a very noble purpose. Bill Gates once said that with the bitcoin existence it can help to reduce poverty in this world, and the problem is there are still people who misused bitcoin for crime and scam that can incur losses to the victims .
many poor people have helped by bitcoin, become better in financial because of additional income from bitcoin
Crimes are not only in bitcoin present. Of course anyone can use bitcoin then it can also be use crime specially for transfer or paying money which are not being detected or traced. Good and bad are present in everything, bitcoin is not an exception to it.
Yes, bitcoins are now being used in crimes. But I would just like to remind all of you guys that it is not the fault of bitcoin. Crimes will always do whatever tools they can to make whatever it is in their minds successful. These are people who can easily set aside and trample upon virtues and morals. They don't care much about anything except their shit motives.
for me the one that made bitcoin really expensive nowadays was its usage in illegal activities.
many have said that bitcoin during its early ages wouldn't have become popular if not for the use of it in crimes.
therefore it is absolutely true to say that bitcoin is indeed used in crimes not only in the present day.
but also in the past and will be in the future..
"
many have said that bitcoin during its early ages wouldn't have become popular if not for the use of it in crimes.
therefore it is absolutely true to say that bitcoin is indeed used in crimes not only in the present day.
but also in the past and will be in the future..
"
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.
Of course more and more people will abuse because some advantage that bitcoin has over fiat.
Its anonymity is a great advantage to be used on illegal trades, and more mixing the coins are now available which will make it harder to track the origin of your coin,
It being decentralized, no need to explain to banks about the high deposits that you have and the source of it.
Hard part of it is converting your coin to fiat, maybe they can formulate another money laundering strategy for it.
we can say that bitcoin is used in illegal activities because of the dark web, the darkweb sale of what is illegal like drugs, weapons and guns for hire or hitman so that bitcoin is illegal, but here it is forum is another purpose. we are different from those who use bitcoin in illegal activities for us bitcoin is blessing because we are having support for our daily needs
I agree with you, although reluctant to accept it, I have to say that there are a lot of transactions in bitcoin traders, such as the Silk Road website.
It is one of the base currencies of the dark net. I can only hope that the users of bitcoin will become more civilized and welcome this peaceful era.
It is one of the base currencies of the dark net. I can only hope that the users of bitcoin will become more civilized and welcome this peaceful era.
As far as I know, every currency is also used in crimes in any part of the world. As long as the currency has it's own value, criminals will use the most practical way to store / use their money. You can't say that if Bitcoins are used in crimes, then Bitcoin should be banned but what about other currency such as Dollar? Aren't they are used by criminals? Shouldn't they be banned?
Well people were paid in cash for crimes too, bitcoin is just another currency. And why now, BTC rose with the darknet markets that sold guns and provided what all services. Still provide I think
Even when there was no bitcoins, crime was very rampant and criminals were still making money. People should stop attributing bitcoins for use by criminals alone because there are lots of people including myself who uses bitcoins for legit things only.
Yes it's but not only nowaday, it has been used in crimes for a long time when it became more well known. As you know Bitcoin is being used the most in money laundering and drug trafficking cause the transaction is really secure so it's hard to find out the owner of any transaction. Beside, when Bitcoin is not appear, if crimes want to make a deal they need to bring cash or tranfer from Bank and it's really easy to find out but with Bitcoin they just need to do few clicks and everything done and it's not easy to find out anyone did that. Do you remember what happened to Btc-e few months ago? It's a typical example for this case 
Jump to: