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Topic: Bitcoin is for criminals - Or so they say. - page 3. (Read 3508 times)

sr. member
Activity: 336
Merit: 250
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The news sites only show the bad news about bitcoin. And they didn't explain than more than 90% of criminals don't use bitcoins, the % of drugs sold for bitcoin is small, most users pay with dollars or its national fiat money.
thats true and for me it seems to be really sad to be honest, i think that the news should show positive things either because right now there is way too much negativity on it
hero member
Activity: 3024
Merit: 629
The news sites only show the bad news about bitcoin. And they didn't explain than more than 90% of criminals don't use bitcoins, the % of drugs sold for bitcoin is small, most users pay with dollars or its national fiat money.
Yeah not all details were explain in the article. bitcoin is a currency just like fiat money and everyone can use it wether its for good or bad purposes. they just publish the bad side that some people might misunderstand.
legendary
Activity: 1470
Merit: 1001
The news sites only show the bad news about bitcoin. And they didn't explain than more than 90% of criminals don't use bitcoins, the % of drugs sold for bitcoin is small, most users pay with dollars or its national fiat money.
hero member
Activity: 770
Merit: 500
It's what sells news and gets readers.  That's the problem with 24/7 news, you're expected to churn out content all the time.

Man buys keyboard for bitcoin doesn't attract readers.
yeah, people are keen on hearing negative news about stuff and bitcoin is not any kind of exception unfortunately, we just need to get through all this hate right now
newbie
Activity: 11
Merit: 0
Bitcoin isnt omly for criminals that isnt true anc it will never be.Most butcoin criminals are admin of scam online every kind of investemnts ponzi scheme sites.
hero member
Activity: 1204
Merit: 500
I think its not true, we only heard the news from rumor that bitcoin is used for buying weapons, drugs or any illegal stuff, but they dont really have the data or the real number and not all bitcoin is use for bad purpose there is decent people try to make a living using bitcoin in honest way by selling stuff or service online
I guess they do not have any data about it because the transaction was done illegally. bitcoin is not made for a criminal, but I guess the sophistication of this technology makes it a perfect tool for the transaction criminals. I think bitcoin has long been used as a means of transaction as it was in the deep web.
legendary
Activity: 1666
Merit: 1001
I think its not true, we only heard the news from rumor that bitcoin is used for buying weapons, drugs or any illegal stuff, but they dont really have the data or the real number and not all bitcoin is use for bad purpose there is decent people try to make a living using bitcoin in honest way by selling stuff or service online
hero member
Activity: 2954
Merit: 533
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I just saw on the news again another article on ISIS using Bitcoins to buy weapons, yet no one is saying the obvious: Cash is the number one used tool to get weapons, not to mention art and oil most of the time delivered by western countries.

This is my point exactly... those terrorist use the internet to spread their propaganda and nobody is blaming the internet, but it's still one of their tools. Bitcoin has been under the spotlight long enough,

and we must take a stand against this or we will go down in history as the technology preferred by criminals. This being true or not, do not mind here... because many people are being deceived and

most of them are starting to believe it. Go onto every forum and news site and challenge these idiots, and you will see a difference... these people do this {spreading wrong information} without being

challenged... and we need to go against this trend and debunk this nonsense.  Angry
Yeah right this is i think also the problem here in my country terrorist we dont know wy they are still have a weapon and how they are get those weapon.
Because of internet anytime they can transfer money or use it to by illegal weapon online...

Maybe there are another parties in their background to supply their weapons and funds, because in some cases in my country the terrorist is always charming a man to getting a funds for their live or rob.
hero member
Activity: 1498
Merit: 547
Be nice!
Well yes it can be for criminals due to its anonymity but now i don't think so since there's a lot of things now that keeps bitcoin away from those kind of people. But it's not only for criminals for all people whether they're good or bad.
sr. member
Activity: 336
Merit: 250
It's what sells news and gets readers.  That's the problem with 24/7 news, you're expected to churn out content all the time.

Man buys keyboard for bitcoin doesn't attract readers.

Thats what the people are always doing. When you do something good they dont notic it but only one single mistake and all your good efforts will be buried 10 feet below the ground. This applies to bitcoin also, the usefulness of bitcoin was stained by the nefarious activities of some and then that single stain will be the focus of attention and will gain more attention.
legendary
Activity: 1232
Merit: 1030
give me your cryptos
Criminals now is making a progress now. They can use technology to do crimes and i guess the bitcoin is their perfect choice to do such a crime. We all know bitcoin has a anonimity feature so they  can use that as a tool to be not exposed. They can buy goods and other stuff with ease you this. Im not a criminal but i prefer to use bitcoin coz it.is the fastest way to tranfer and easy to accept by other countries.

Nope. There are altcoins way easier to keep business private with. A criminal would be out of their mind to use bitcoin. It's surprisingly easy to track.

There are altcoins with more stable value, stronger cryptography, faster blocks, and fully anonymous out there that are free for the taking, like Monero.
member
Activity: 70
Merit: 10
Criminals now is making a progress now. They can use technology to do crimes and i guess the bitcoin is their perfect choice to do such a crime. We all know bitcoin has a anonimity feature so they  can use that as a tool to be not exposed. They can buy goods and other stuff with ease you this. Im not a criminal but i prefer to use bitcoin coz it.is the fastest way to tranfer and easy to accept by other countries.
sr. member
Activity: 490
Merit: 250
Criminals are using bitcoin for doing transaction because bitcoin anonymity, that way officers will be hard to track them. Those actions made bitcoin has bad reputation.
If this keeps continue, I'm afraid people will avoid bitcoin and make bitcoin lost it's popularity.
Even that so, I believe, there more good users than the bad ones.
hero member
Activity: 575
Merit: 500
W should not have to blame bitcoin for crimes around us, bitcoin is a currency and criminals use any currency which they find convenient for their use, by the way in my country only those people use bitcoin who are educated and those educated people do not like crimes, while those who love crimes are uneducated and do not know about bitcoin and its technology.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
bitcoin goal made not for the criminal, but to make transactions on the Internet becomes faster, and better. I think if you compare between bitcoin transaction with another tool, then you might choose bitcoin as a means of transactions on the Internet, because bitcoin is an excellent means of transaction, although many people who use it for illegal transactions
hero member
Activity: 1190
Merit: 534
Actually they are misunderstanding it. If a knife is useful for cutting fruits then it is also used by criminals to threaten people so according to them ‘knife is for criminals’ is it right? Of course not.

Yes, bitcoin is anonymous, global, user friendly and most importantly free from third party control so let’s be honest, it could be good for criminals but we should really find a solution instead of destroying it.  I am assuming the number of criminals using bitcoin is too small right now and the worst thing is we can’t trace them. We should come up with better solution for it otherwise things can go out of control.
legendary
Activity: 1638
Merit: 1046
I just saw on the news again another article on ISIS using Bitcoins to buy weapons, yet no one is saying the obvious: Cash is the number one used tool to get weapons, not to mention art and oil most of the time delivered by western countries.

This is my point exactly... those terrorist use the internet to spread their propaganda and nobody is blaming the internet, but it's still one of their tools. Bitcoin has been under the spotlight long enough,

and we must take a stand against this or we will go down in history as the technology preferred by criminals. This being true or not, do not mind here... because many people are being deceived and

most of them are starting to believe it. Go onto every forum and news site and challenge these idiots, and you will see a difference... these people do this {spreading wrong information} without being

challenged... and we need to go against this trend and debunk this nonsense.  Angry
Yeah right this is i think also the problem here in my country terrorist we dont know wy they are still have a weapon and how they are get those weapon.
Because of internet anytime they can transfer money or use it to by illegal weapon online...
legendary
Activity: 1904
Merit: 1074
I just saw on the news again another article on ISIS using Bitcoins to buy weapons, yet no one is saying the obvious: Cash is the number one used tool to get weapons, not to mention art and oil most of the time delivered by western countries.

This is my point exactly... those terrorist use the internet to spread their propaganda and nobody is blaming the internet, but it's still one of their tools. Bitcoin has been under the spotlight long enough,

and we must take a stand against this or we will go down in history as the technology preferred by criminals. This being true or not, do not mind here... because many people are being deceived and

most of them are starting to believe it. Go onto every forum and news site and challenge these idiots, and you will see a difference... these people do this {spreading wrong information} without being

challenged... and we need to go against this trend and debunk this nonsense.  Angry
legendary
Activity: 1610
Merit: 1183
I just saw on the news again another article on ISIS using Bitcoins to buy weapons, yet no one is saying the obvious: Cash is the number one used tool to get weapons, not to mention art and oil most of the time delivered by western countries.
legendary
Activity: 2870
Merit: 7490
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They don't care about truth at all, they either want to blame criminal activity on something else, just hate bitcoin or make controversial news which people would like to hear/read Roll Eyes
They should blame the criminal, not the tools they use.
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