Topic: Bitcoin has nothing to do with crime - page 2. (Read 1176 times)
Before the Advent of cryptocurrency and Bitcoin there has been crime, so it has nothing to do with BTC. There have been cyber fraud way before BTC was birthed, so why would one now be attributing crime to BTC. This is just one way of painting BTC in bad light.
They were just against bitcoins in the first place that's why when they see some opportunity when bitcoins are used as props in a Ponzi scheme scam, they will highlight the name bitcoins so that whoever watches the news will think the headlines were all against bitcoins and sometimes they won't just clear the name bitcoins because that was their intent, they want to destroy its name because most likely the banks paid them to do so. Wrong information is always shown by the media and we need to consider clearing Bitcoin names for our friends and families because we are not only giving them the opportunity to save their money but also preventing them from becoming victims of the real scammers.
When a crime occurs using ordinary fiat, what is highlighted is the type of crime and the name of the fiat will not be highlighted at all. But if the crime uses bitcoin then the media will highlight the word bitcoin which is highlighted. Even the funny bits of evildoers seem to be ignored by readers and they instead highlight bitcoin and start badmouthing it. And it seems that it is exactly what you said that basically those who are cynical about bitcoin have been against bitcoin and have not liked it from the start. So when there is positive news involving bitcoin, they will ignore it. but when there is crime and ugliness involving bitcoin, it is as if bitcoin is what they will make a scapegoat for. And they will start spreading it and make it FUD to attack bitcoin. But luckily nowadays people have become smart readers. The proof is that bitcoin adoption continues to grow very quickly. Even now, FUD news seems to be slowly being ignored by crypto and bitcoin users.There is always the possibility of such news being made. Does anyone believe the news on the news channels these days? No one even watches the news, except for the elderly, who are not very interested in technology. Bitcoin has passed the period of being affected by such bad news.
I think the importance of celebrities and famous companies investing in Bitcoin is huge. Bitcoin investors can defend Bitcoin in the face of bad news about Bitcoin. There are Bitcoin investors from all walks of society. Therefore, we should not worry about bad news about bitcoin. Bitcoin has proven itself.
Nothing has anything to do with crime till it's brought in. As you know money has nothing to do with crime except it's brought in by any of the parties. Murder is a crime as well as suicide and cyber-bullying. We have many crimes that occur and has nothing to do with even money but if one decides to give any form of appreciation for the crime doesn't make that media of appreciation a crime or whatever I'd say it's better we all know that, tagging Bitcoin as something that promotes crime is literally unfounded and baseless. If you do that then the fiat note currency we use is also a crime source. Let's get it right!
They were just against bitcoins in the first place that's why when they see some opportunity when bitcoins are used as props in a Ponzi scheme scam, they will highlight the name bitcoins so that whoever watches the news will think the headlines were all against bitcoins and sometimes they won't just clear the name bitcoins because that was their intent, they want to destroy its name because most likely the banks paid them to do so. Wrong information is always shown by the media and we need to consider clearing Bitcoin names for our friends and families because we are not only giving them the opportunity to save their money but also preventing them from becoming victims of the real scammers.
When a crime occurs using ordinary fiat, what is highlighted is the type of crime and the name of the fiat will not be highlighted at all. But if the crime uses bitcoin then the media will highlight the word bitcoin which is highlighted. Even the funny bits of evildoers seem to be ignored by readers and they instead highlight bitcoin and start badmouthing it. And it seems that it is exactly what you said that basically those who are cynical about bitcoin have been against bitcoin and have not liked it from the start. So when there is positive news involving bitcoin, they will ignore it. but when there is crime and ugliness involving bitcoin, it is as if bitcoin is what they will make a scapegoat for. And they will start spreading it and make it FUD to attack bitcoin. But luckily nowadays people have become smart readers. The proof is that bitcoin adoption continues to grow very quickly. Even now, FUD news seems to be slowly being ignored by crypto and bitcoin users. 
Whatever that the government cannot take in control of, it will always be considered a tool for crime. And since bitcoin does not give access to the government due to its privacy, the latter will eventually put bitcoin as the source of monetary crime. Just because the government does not favor bitcoin, then automatically it will become unlawful from the eyes of the people without even hearing the side of bitcoin.
Bitcoin is never designed to become a tool for monetary crime. If there’s any, I believe it’s fiat whom majority use it for any types of fraud in order to satisfy their personal greed or desires.
Bitcoin is never designed to become a tool for monetary crime. If there’s any, I believe it’s fiat whom majority use it for any types of fraud in order to satisfy their personal greed or desires.
I just don't understand why other's would be branded as criminal when they use Bitcoin or crypto even though they haven't done anything illegal.
I don't see anyone saying this, what I heard is that bitcoin is used a lot by criminals, and hence many people misunderstand that bitcoin encourages crime. And I've never heard anyone say that people who use bitcoins are considered criminals. Elon or many other rich people also use bitcoin, so are they criminals too? that's really funny and bullshit. But anyway, bitcoin doesn't have any relationship with criminals, but we can't stop them from using bitcoin either.
I agree that Bitcoin has nothing to do with crime, it is just being used for it.
I just don't understand why other's would be branded as criminal when they use Bitcoin or crypto even though they haven't done anything illegal.
Yes crypto are being used by criminals but not everyone is using it for illegal purpose.
I just don't understand why other's would be branded as criminal when they use Bitcoin or crypto even though they haven't done anything illegal.
Yes crypto are being used by criminals but not everyone is using it for illegal purpose.
They were just against bitcoins in the first place that's why when they see some opportunity when bitcoins are used as props in a Ponzi scheme scam, they will highlight the name bitcoins so that whoever watches the news will think the headlines were all against bitcoins and sometimes they won't just clear the name bitcoins because that was their intent, they want to destroy its name because most likely the banks paid them to do so. Wrong information is always shown by the media and we need to consider clearing Bitcoin names for our friends and families because we are not only giving them the opportunity to save their money but also preventing them from becoming victims of the real scammers.
You made some sense but just as everyone else scammers are aware of Bitcoin potentiality. It has the capability of making transactions very discreet and untraceable if used properly that's why bad actors like ponzi scheme perpetrators used it in their nefarious activities. If a ponzi was to be operated using fiat and bank accounts are used in receiving funds, there are greater tendencies that the perpetrators would be apprehended. Resorting to bitcoin makes it difficult for the authorities to follow the trail If they do not store or trade the tinted Bitcoin on a CEX or use a coinjoin service to mix it. My point is bad actors use of Bitcoin might not be a deliberate attempt to tarnish the image of the coin, they use Bitcoin because it has the capability of covering their trail. 
Blaming Bitcoin for crimes is like blaming the internet for crimes committed with the internet. It's like blaming the kitchen knife that was used to commit a murder. It just doesn't make sense.
Crimes were committed before the emergence of the internet, talk more of before Bitcoin.
People have used every single thing you can think of to commit crimes. Religion, political position, government appointment, financial status, fame, technology, just think of anything at all and you'll see that that thing has been used or are been used to commit a crime one way or the other. So the argument of "Bitcoin promotes crime" is dead on arrival.
You have spoken very well about this topic. Bitcoin I know is not about crime, but you cannot stop anyone from using the Bitcoin and the Bitcoin network. And that is the reason why criminals have found a way to use it and they are using it. It is now left for government to find another way to stop the criminals using the bitcoin to commit crime. Not necessarily using it to commit crime but as a means of payment for crime. Crimes were committed before the emergence of the internet, talk more of before Bitcoin.
People have used every single thing you can think of to commit crimes. Religion, political position, government appointment, financial status, fame, technology, just think of anything at all and you'll see that that thing has been used or are been used to commit a crime one way or the other. So the argument of "Bitcoin promotes crime" is dead on arrival.
There are several other means whereby criminals actualize their aims, but why that of Bitcoin is so popular is because it is a new technology which the government has never find an accurate way to deal with the criminals using it. And again the government is in fight against bitcoin. So they are looking for any reason to bring it down.
Governments have always had a hard time keeping up with new technical developments. Anything they cannot effectively manage or tax poses a threat to them. They would rather characterize Bitcoin as a weapon of criminals than change. Isnt that convenient? How quickly they nonetheless forget the innumerable banking scandals that took place under the trusted cover of regulated fiat currencies! Its the purest form of hypocrisy.
The world is gradually process of getting into technology where many things will be limited and transparent, which Bitcoin has created to solve the problem and to reduce the high level of crime in the society for lack of integrity, when it comes for financial sector or service Bitcoin is more reliable and transparent and having said that, Bitcoin has nothing to do with any crime.
Blaming Bitcoin for crimes is like blaming the internet for crimes committed with the internet. It's like blaming the kitchen knife that was used to commit a murder. It just doesn't make sense.
Crimes were committed before the emergence of the internet, talk more of before Bitcoin.
People have used every single thing you can think of to commit crimes. Religion, political position, government appointment, financial status, fame, technology, just think of anything at all and you'll see that that thing has been used or are been used to commit a crime one way or the other. So the argument of "Bitcoin promotes crime" is dead on arrival.
You have spoken very well about this topic. Bitcoin I know is not about crime, but you cannot stop anyone from using the Bitcoin and the Bitcoin network. And that is the reason why criminals have found a way to use it and they are using it. It is now left for government to find another way to stop the criminals using the bitcoin to commit crime. Not necessarily using it to commit crime but as a means of payment for crime. Crimes were committed before the emergence of the internet, talk more of before Bitcoin.
People have used every single thing you can think of to commit crimes. Religion, political position, government appointment, financial status, fame, technology, just think of anything at all and you'll see that that thing has been used or are been used to commit a crime one way or the other. So the argument of "Bitcoin promotes crime" is dead on arrival.
There are several other means whereby criminals actualize their aims, but why that of Bitcoin is so popular is because it is a new technology which the government has never find an accurate way to deal with the criminals using it. And again the government is in fight against bitcoin. So they are looking for any reason to bring it down.
Bitcoin isn't inherently a privacy coin; rather, it stands as a genuinely decentralized cryptocurrency. Your level of privacy is determined by the measures you take to safeguard it, given that Bitcoin transactions are publicly accessible. If I possess your specific Bitcoin address, I can still trace your activities. Bitcoin's objective is to establish a decentralized payment system, eliminating the need for third-party intermediaries.
That's what makes bitcoin a stand out among the pile of shitcoins and competing cryptocurrency out there, it protects you but at the same time is flexible enough that you can still find the culprit if they use bitcoin as one of their implements to commit a crime. I like the idea of bitcoin being neutral but I also don't want criminals to use this to be able to get away with their crimes, it just seems so unfair and I believe that any crimes should be punished in a just manner but I do agree that it's not bitcoin we should blame because it's not the problem, the real problem is the incompetence of the cybercrime policing around the globe, they should already know that technology is innovating fast so they should never stop learning about the new ways that someone can commit crimes online. 
Blaming Bitcoin for crimes is like blaming the internet for crimes committed with the internet. It's like blaming the kitchen knife that was used to commit a murder. It just doesn't make sense.
Crimes were committed before the emergence of the internet, talk more of before Bitcoin.
People have used every single thing you can think of to commit crimes. Religion, political position, government appointment, financial status, fame, technology, just think of anything at all and you'll see that that thing has been used or are been used to commit a crime one way or the other. So the argument of "Bitcoin promotes crime" is dead on arrival.
It simply provides us with choices, and it's up to our behavior to do what. Similar to your mention about the knife, I know that it was originally found to be used for easier cutting purposes but those who use it as a weapon to kill others are due to the behavior itself their own, and the conclusion is like a knife used to cause harm. Sometimes in life many people refuse to look directly at the truth but prefer to blame roundabouts for things that they themselves are the cause of. BTC brings equality that everyone can access and the results they create themselves, so calling it a place of many criminals is just an act of judging the force of laughter of those who only see it with limited knowledge narrow self.Crimes were committed before the emergence of the internet, talk more of before Bitcoin.
People have used every single thing you can think of to commit crimes. Religion, political position, government appointment, financial status, fame, technology, just think of anything at all and you'll see that that thing has been used or are been used to commit a crime one way or the other. So the argument of "Bitcoin promotes crime" is dead on arrival.
We are here who need to clarify the truth and aim for the positive, seeing the things bitcoin brings in life is something that over time for people to approach and acknowledge it.
Blaming Bitcoin for crimes is like blaming the internet for crimes committed with the internet. It's like blaming the kitchen knife that was used to commit a murder. It just doesn't make sense.
Crimes were committed before the emergence of the internet, talk more of before Bitcoin.
People have used every single thing you can think of to commit crimes. Religion, political position, government appointment, financial status, fame, technology, just think of anything at all and you'll see that that thing has been used or are been used to commit a crime one way or the other. So the argument of "Bitcoin promotes crime" is dead on arrival.
Crimes were committed before the emergence of the internet, talk more of before Bitcoin.
People have used every single thing you can think of to commit crimes. Religion, political position, government appointment, financial status, fame, technology, just think of anything at all and you'll see that that thing has been used or are been used to commit a crime one way or the other. So the argument of "Bitcoin promotes crime" is dead on arrival.
So this is why Satoshi has never shown his real identity (Anonymous), he has foreseen the possible causation that could occur if everyone who transacts using Bitcoin provides public details. Yes, I agree Bitcoin has nothing to do with crime, but it is crime that targets Bitcoin users if the person making the transaction provides public details.
The standard nature of Bitcoin depends on its users, Bitcoin can be an investment medium if users want to invest, Bitcoin can also be a medium for exchanging goods and services if users use Bitcoin as a transaction tool. Bitcoin users must be more careful in publishing their assets on social media because it can invite crime to come to them, publishing assets held through social media is the same as opening their identity to the public.
The standard nature of Bitcoin depends on its users, Bitcoin can be an investment medium if users want to invest, Bitcoin can also be a medium for exchanging goods and services if users use Bitcoin as a transaction tool. Bitcoin users must be more careful in publishing their assets on social media because it can invite crime to come to them, publishing assets held through social media is the same as opening their identity to the public.
Actually, for money laundering or for black market actions, everything can be traced, because in the end they will convert it to fiat, and many exchanges are currently required to do KYC. indeed from the start it was debated that bitcoin has a negative side, so the government is still considering it, until now even the regulations are not clear, and in this case for bitcoiners it is of course difficult to take legal action if there is a criminal action against their assets. but this is something that naturally happens, because wherever there are pros and cons there will always be actions
With the decentralized nature of bitcoin, I don't think bitcoin can be traced. The movement from the open source wallet to the exchange platform before converting it to fiat will be cumbersome. And some launders would used per to per straight from the open source wallet and you don't know who own the wallet because there is no name attached to the wallet and that make it anonymity decentralized out of authority control. And regulation affact only exchanges. Money launders use p2p than using exchange.However, none of that actually makes Bitcoin a bad thing, even if criminals use it or money launderers launder money using it, it's just a currency and it is not to be blamed for those crimes. As everyone already said, crimes were there even when Bitcoin was not created, so that should make every currency a criminal currency.
using Bitcoin in a field that is not praised by a group of irresponsible people will make Bitcoin image a little tarnished. I admit anyone can have Bitcoin and there is no limit for anyone who wants to collect as much Bitcoin as he wants, including people who do business in the underworld.
the anonymity that is very tight with Bitcoin makes them able to control the business easily, but who can stop or prevent them from involving Bitcoin in their business. Bitcoin is still Bitcoin, it has nothing to do with crime.
the anonymity that is very tight with Bitcoin makes them able to control the business easily, but who can stop or prevent them from involving Bitcoin in their business. Bitcoin is still Bitcoin, it has nothing to do with crime.
Every technology is like a double edge sword, has both good and bad usages. Even today most of crimes are done using fiat currency that is very much centralized. Bitcoin like other inventions has both good and bad usage. We can't label bitcoin as a method of payment that promotes or facilitates crime since crime in the world is centuries old and will continue even without bitcoin.
Of course there were still some illegal stuffs happening using it, but come on, even fiat currency are being used to those kinds of stuffs.
using Bitcoin in a field that is not praised by a group of irresponsible people will make Bitcoin image a little tarnished. I admit anyone can have Bitcoin and there is no limit for anyone who wants to collect as much Bitcoin as he wants, including people who do business in the underworld.
the anonymity that is very tight with Bitcoin makes them able to control the business easily, but who can stop or prevent them from involving Bitcoin in their business. Bitcoin is still Bitcoin, it has nothing to do with crime.
the anonymity that is very tight with Bitcoin makes them able to control the business easily, but who can stop or prevent them from involving Bitcoin in their business. Bitcoin is still Bitcoin, it has nothing to do with crime.
Every technology is like a double edge sword, has both good and bad usages. Even today most of crimes are done using fiat currency that is very much centralized. Bitcoin like other inventions has both good and bad usage. We can't label bitcoin as a method of payment that promotes or facilitates crime since crime in the world is centuries old and will continue even without bitcoin.
To be precise, bitcoin is just a currency created by Satoshi with the aim of providing us with a better payment method than the fiat currency. The difference between both is centralized currency and decentralized currency. And whether we use them for good or bad is up to each of us, we cannot blame bitcoin or fiat. Those who are saying that bitcoin is related to crime are stupid, uneducated people, they get jealous seeing bitcoin perform better and hate it.
using Bitcoin in a field that is not praised by a group of irresponsible people will make Bitcoin image a little tarnished. I admit anyone can have Bitcoin and there is no limit for anyone who wants to collect as much Bitcoin as he wants, including people who do business in the underworld.
the anonymity that is very tight with Bitcoin makes them able to control the business easily, but who can stop or prevent them from involving Bitcoin in their business. Bitcoin is still Bitcoin, it has nothing to do with crime.
the anonymity that is very tight with Bitcoin makes them able to control the business easily, but who can stop or prevent them from involving Bitcoin in their business. Bitcoin is still Bitcoin, it has nothing to do with crime.
Every technology is like a double edge sword, has both good and bad usages. Even today most of crimes are done using fiat currency that is very much centralized. Bitcoin like other inventions has both good and bad usage. We can't label bitcoin as a method of payment that promotes or facilitates crime since crime in the world is centuries old and will continue even without bitcoin.
It's a pity that some people use Bitcoin to perpetuate crime because of it anonymity thus trying to tarnish it image and paint Bitcoin in a bad light, however even fiat and other payment gateways are also used to commit crime yet no one complain about it, I think there should be a massive awareness of Bitcoin to clear the doubt of many people who think it is the only tool used by criminals and I am aware that no individual or organization can exchange a huge amount of Bitcoin to fiat without KYC I think this measure will scrutinized those people who intended to commit crime with Bitcoin particularly those who laundered Bitcoin for their nefarious activities.
Well, using Bitcoin in a field that is not praised by a group of irresponsible people will make Bitcoin image a little tarnished. I admit anyone can have Bitcoin and there is no limit for anyone who wants to collect as much Bitcoin as he wants, including people who do business in the underworld. the anonymity that is very tight with Bitcoin makes them able to control the business easily, but who can stop or prevent them from involving Bitcoin in their business. Bitcoin is still Bitcoin, it has nothing to do with crime.
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