Topic: Bitcoin is for criminals - Or so they say. - page 4. (Read 3505 times)
i believe some people has blame bitcoin for criminals actions because bitcoin have good feature who liked by the criminals too such as anonymity but in my country i didn't see any bad guys using bitcoin for their criminal acts and i don't understand why they only blame bitcoin will using by illegal activities because long time ago before bitcoin was born the criminals has already using another currency for their activities
for many years from the invention of bitcoin the media has been running this propaganda against bitcoin to ruin its good image in the minds of the users so desperately to try and prevent its growth. but so far the only thing they could achieve is to slow it down. bitcoin is still growing strongly and moving forward.
well just curious they doing it for the sake of what, if the media were have no connection with any financial thing or government,maybe they just need a clickbait news so they'll get so many visitor beside destroying bitcoinI think it is two reasons and it mostly depends on what news site you are talking about.
I believe all these news sites are either
1) posting things that only LOOK HOT so they can attract the most attention (aka click-bait) so they get the most clicks and can earn the most profit because of their CPM ads.
2) they may be some agenda behind what they are doing, like spreading some FUD about bitcoin to pump ethereum which happens a lot these days. or some of them are linked to banks and government.
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.
Man buys keyboard for bitcoin doesn't attract readers.
this statement is unreasonable and have no evidence behind it,you're saying most of criminals,did you calculate all of those criminals uptill now? i guess no,so can't just generalize like that,every currency ever being used by criminals that's the main thing
yeah right, I think the criminal could use the money in any form up to them. And certainly I think bitcoin is not money for criminals, as an example I use bitcoin for trading and buying needs of the school. so a criminal or not it was not his money but it depends on the person. thanks
Any kind of money can be used in illegal activities and bitcoin is another form of money so obviously it can also be used in illegal activities. and the thing that bitcoin is for criminals annoys me cause it must be depend on the user
any money or currency in this world can be use by criminals because money is evil but in deep web they bitcoin as a money to make a evil thing like just that some criminals use this currency to buy weapons buy some illegals drug (cocaine,shabu) It's a secret that some criminals are using Bitcoin for their bussiness to make them anonymous 
Everyone knows that cash is still the number 1 tool used by criminals to obtain weapons and so on, so of course Bitcoin being a tool for terrorists is very small percentage. The question is: What happens when cash is removed in the next 10 years? Then Bitcoin will be indeed the number one way for criminals to obtain weapons, that is when I think they will try to ban it on full force and we better be ready by then with a very anonymous and robust Bitcoin (this means small blocks, tor support, confidential transactions, schnorr signatures for default coinjoin... in other words we need Core team in charge).
Nobody can know what is gonna be in the future. Maybe all the bitcoin system will fall already next few years or bitcoin will grow into next world currency. Now nobody can reply on that. I do not think bitcoin is for criminals. Never even heard that that terrorists are yousing bitcoin in their businesses or something like that.
most criminals use cash not btc. however if criminals want to make international transfers btc is better than cash or banks.
this statement is unreasonable and have no evidence behind it,you're saying most of criminals,did you calculate all of those criminals uptill now? i guess no,so can't just generalize like that,every currency ever being used by criminals that's the main thing 
Bitcoin does have desirable features for it to be used as a tool for criminals to buy illegal things online. However, such transactions definitely occupy only a small portion of the total Bitcoin transaction volume. Actually, there are various other methods to transfer money that can potentially be better than Bitcoin for making illegal transactions. Money laundering became harder with governments locking down on exchanges to require them to verify their customer's identity.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
for many years from the invention of bitcoin the media has been running this propaganda against bitcoin to ruin its good image in the minds of the users so desperately to try and prevent its growth. but so far the only thing they could achieve is to slow it down. bitcoin is still growing strongly and moving forward.
well just curious they doing it for the sake of what, if the media were have no connection with any financial thing or government,maybe they just need a clickbait news so they'll get so many visitor beside destroying bitcoin
for many years from the invention of bitcoin the media has been running this propaganda against bitcoin to ruin its good image in the minds of the users so desperately to try and prevent its growth. but so far the only thing they could achieve is to slow it down. bitcoin is still growing strongly and moving forward.
This topics annoys me, I don`t mean OP, I mean stories that bitcoin is for criminals, and news about it, why bitcoin is for criminals? And what all this criminals did before bitcoins? Maybe someone wish to say that before bitcoin criminals didn't exist? Lets be clear about one thing, there will be always good and bad people. That is a fact! Bad people have bad intentions and they will use everything they can to achieve they goals, no matter if its bitcoin or dollar, or other people..
Bitcoin have one purpose and that is to make things easier for people. We can earn on internet without any limitations where we are, as long as we have internet connection. So bitcoin is for people of this earth, not for criminals.
Bitcoin have one purpose and that is to make things easier for people. We can earn on internet without any limitations where we are, as long as we have internet connection. So bitcoin is for people of this earth, not for criminals.
Well man to answer your questions bitcoin aint criminal money. It's just that some criminals use this currency to buy weapons, drugs and many more at the deepweb. I think that many of the criminals use cash not bitcoin only a small percent of them use bitcoin to buy weapons its just that the media make bitcoin look that way to those who don't use it since the only thing they can see is the bad uses of criminals to bitcoin.
ANY currency in this world can be used for criminal activity. There's absoluetly no difference - the Bitcoin being anonymous and secure doesn't mean all criminals are using Bitcoin. There are criminals doing this for sure - we can't prevent it. People are buying weapons and drugs with cash too.. it's just the criminal's prefference.
Well man to answer your questions bitcoin aint criminal money. It's just that some criminals use this currency to buy weapons, drugs and many more at the deepweb. I think that many of the criminals use cash not bitcoin only a small percent of them use bitcoin to buy weapons its just that the media make bitcoin look that way to those who don't use it since the only thing they can see is the bad uses of criminals to bitcoin.
Everyone knows that cash is still the number 1 tool used by criminals to obtain weapons and so on, so of course Bitcoin being a tool for terrorists is very small percentage. The question is: What happens when cash is removed in the next 10 years? Then Bitcoin will be indeed the number one way for criminals to obtain weapons, that is when I think they will try to ban it on full force and we better be ready by then with a very anonymous and robust Bitcoin (this means small blocks, tor support, confidential transactions, schnorr signatures for default coinjoin... in other words we need Core team in charge).
YEah you are defenitely right because cash can be easily in transactions unlike bitcoin that needs to be converted before we can use them and there are only few criminals who knows bitcoin and I don't think some of the criminals will pay time and effort just to study bitcoins so that they can use it in doing their illegal activities. Bitcoin is for everybody and we should keep it in mind.
Such as a knife , he has two surfaces that can be used .
so , It depends on the person holding the bitcoin bro . if bitcoin right hand would be nice but if bitcoin in the wrong hands would be worse then than it all depends on the person holding the bitcoin . It is true , bitcoin could be one of the many access money goes to the laundry or criminals etc . But back to the person who holds the bitcoin and I believe that the people using bitcoin is not just for makes it a crime , they use bitcoin with good intention and this is the best way .
so , It depends on the person holding the bitcoin bro . if bitcoin right hand would be nice but if bitcoin in the wrong hands would be worse then than it all depends on the person holding the bitcoin . It is true , bitcoin could be one of the many access money goes to the laundry or criminals etc . But back to the person who holds the bitcoin and I believe that the people using bitcoin is not just for makes it a crime , they use bitcoin with good intention and this is the best way .
Ok, so in every article or podcast or interview... we have to hear that Bitcoin is the preferred tool for criminals. If that was the truth, we should all be filthy rich by now... right? ....The question is, where
are all this money from money laundering, drugs, prostitution and all the nasty stuff, Bitcoin is being blamed for.... I do not see it, do you? Should we play to our strength then, if Bitcoin is only good for
criminal purposes? ... I mean to say, if we only attract say 10% of the total amount of money spend on drugs alone, we would most probably be millionaires in a month or two.
" With estimates of $100 billion to $110 billion for heroin, $110 billion to $130 billion for cocaine, $75 billion for cannabis and $60 billion for synthetic drugs, the probable global figure for the total illicit
drug industry would be approximately $360 billion. "
This is a tongue in the cheek poke at all those people, who points fingers at Bitcoin for being the culprit and those who are saying Bitcoin is the primary tool for criminals to do their business online.
Can you smell the bullshit in their statements? The numbers just do not match up, with what they are saying.
http://dcebrief.com/digital-currency-for-commerce-or-criminals/
are all this money from money laundering, drugs, prostitution and all the nasty stuff, Bitcoin is being blamed for.... I do not see it, do you? Should we play to our strength then, if Bitcoin is only good for
criminal purposes? ... I mean to say, if we only attract say 10% of the total amount of money spend on drugs alone, we would most probably be millionaires in a month or two.
" With estimates of $100 billion to $110 billion for heroin, $110 billion to $130 billion for cocaine, $75 billion for cannabis and $60 billion for synthetic drugs, the probable global figure for the total illicit
drug industry would be approximately $360 billion. "
This is a tongue in the cheek poke at all those people, who points fingers at Bitcoin for being the culprit and those who are saying Bitcoin is the primary tool for criminals to do their business online.
Can you smell the bullshit in their statements? The numbers just do not match up, with what they are saying.
http://dcebrief.com/digital-currency-for-commerce-or-criminals/
Yeah,that`s right.The world drug industry is 360 billion and bitcoin market capitalization is around 10 billion.
The whole idea that criminals use bitcoin is a big lie.Criminals use cash.
During the early days most users of bitcoin used it for illegal purposes. For this reason people say bitcoin is for criminals. Now scenario has changed, people have understood the potential of bitcoin and started giving preference as an additional earning as well a better investment.
It's not a secret that some criminals are using Bitcoin for their bussiness but these articles that blame Bitcoin for their actions are nothing more than the typiacal media bs that exaggerates and lies about everything in order to get a few more clicks.
For people like us who know what's going on it's not a big deal we even find it funny sometimes,but it may prevent someone who does not know much about cryptos,this is where we must take action and let our relatives and friends know the truth.
For people like us who know what's going on it's not a big deal we even find it funny sometimes,but it may prevent someone who does not know much about cryptos,this is where we must take action and let our relatives and friends know the truth.
If thatq was true then majority of people on.this forum would bew criminals. And we all know that isn't true. Butq because of anonimity and the fact that Bitcoin transactions are hard to track, Bitcoin is very convenient for criminal activities and that puts the bad light on it.
Jump to: