Bitcoin is virtual currency for criminal

Xester

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Quote from: YIz on August 15, 2016, 04:25:41 AM

You can use bitcoin to buy candies and US dollars to buy drugs, that's up to you, the money doesn't spend itself.

Yes agree with you, money is not bad of course, it is the one who spend it.

Maybe that person who said that virtual currency is for criminal because he maybe watching too much tv and movies. And it is because that virtual currency is not governed by the government rules and regulations. People with bitcoin wallet and have funds can easily transmit and receive money without anything on it. And maybe movies link the usage of transmitting money through the use of program just like cryptocurrencies right now.

TGD

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Bitcoin can use in criminal activity,when you go back when it's new there is more people hired a hired killer and paid bitcoin and buy drugs using it.but not this time many good use of bitcoin right now and one of them is trading, and many other use of it now.

relq

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It's looks like your friend thought bitcoin is for criminal currency because the media. Just tell im that bitcoin is like real money and you buy or sell anything with bitcoin and it's not illegal.

The Sceptical Chymist

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Your friend has swallowed a large dose of horse shit. People who don't like thinking see bitcoin as some sort of black market currency, and it's absolutely silly to see it (or any currency) as that. You can use fiat just as easily as bitcoin to buy drugs and guns and all that other stuff. Hasn't anyone seen Breaking Bad?

Yes, criminals use bitcoin. And terrorists, I guess. But those people also use combs and foot powder, and neither of those items gets tarnished because of the association.

nejibens

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Bitcoin isn't virtual currency, it's real currency and people use it for legal and illegal purposes, just like they use fiat for legal and illegal purposes

zodin

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Quote from: sim sim on August 16, 2016, 11:28:28 AM

it is really a virtual currency and every one is using it equally, there will be so many people who will use it from for goods and there will be so many other people who will be using it for criminal activities.

yes i am agree with you. money can be use for good purposes as well as for bad, so bitcoin is also a currency, and some people will use it for good purposes and other will use it for wrong, but i think there is no fault of bitcoin in it, we cannot stop a person from using bitcoin, either he is using it for good or bad, it is the duty of the low and other to prevent the criminal from such kind of activities.

oceanriver

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Quote from: BellaBitBit on August 16, 2016, 08:46:11 AM

Quote from: Jannn on August 15, 2016, 04:38:48 AM

Criminals use more dollars than bitcoins. The currency can't help being used by criminals.

Exactly. Criminals also use cash and regular banks. Why the FUD title? What is the point in saying it, spreads FUD.

you are right, criminals even use cash way more often than bitcoins so bitcoin is definitely not a bad currency in my opinion

bithasher

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This is one side of the picture by high lighting Bitcoin only for illegal purposes by criminals. Bitcoin has vast market in remittance and made easy money transfers for good purposes by lowering dependence and cost of completing the transactions but they don't talk about this. Everything which can be helpful for criminals they will use whether it is gold,paper money or other existing material things.

giammangiato

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Quote from: YIz on August 15, 2016, 04:25:41 AM

You can use bitcoin to buy candies and US dollars to buy drugs, that's up to you, the money doesn't spend itself.

i print this phrase and make a BIG "painting"

harizen

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Quote from: isen on August 16, 2016, 12:49:52 PM

Big media is to blame about this misinformation,most of the time they are spreading lies without caring if they affect people's lives.
What we can do to stop it is to avoid reproducing their lies,sharing their articles etc. and try to inform our friends and relatives about what bitcoin and the rest cryptocurrencies really are.

Media is always like that. People who listen and believe easily are the one to blame. Like I said in my previous post, if a person really wants to know more about bitcoin, that person will seek information by themselves and media is just a part of the story.

Same principle applies also to other things other than bitcoin.

Kevin77

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That's a very rude thing to say. How can one assume that criminals only use bitcoins?
It's like saying all those who have gold blocks are smugglers. People are so negative and cruel towards the currency and the users who trade in it and say things without even understanding the use. BTC can be misused too but it's not a criminal currency.

isen

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Big media is to blame about this misinformation,most of the time they are spreading lies without caring if they affect people's lives.
What we can do to stop it is to avoid reproducing their lies,sharing their articles etc. and try to inform our friends and relatives about what bitcoin and the rest cryptocurrencies really are.

SvenBomvolen

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   We can say that criminals use bitcoins like they use everything else for their own interest. They don't care what they use, its when someone have a bad soul. Everything they use become bad over time.
   Statement that some currency can be for criminals doesn't have logic and common sense. Currency is here to make things easier for everyone, depending from one person moral currency can be used for good or bad purposes.
   Other's think the same and this thread just confirms that we here share same opinion about this topic. OP can make conclusions in final post and lock this thread.

dothebeats

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And everyone in the government likes to portray that bitcoin is more evil compared to its fiat counterpart ^_^

Seriously people, this is some heavy bias and shit. Yes, bitcoin is used in online illegal activities, everyone knows that, but that doesn't mean that the people behind or who is using bitcoins support this idea. Everyone of us is disgusted with shady shit, and would not want to take part into something like that. If someone tells you the same thing, kindly bring up a nice discussion and defend bitcoin. It is not all about drugs and illegal things. It's about the freedom of using one's money.

newcripto

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Bitcoin can not be blamed for all these criminal activities involved by different bad guys. It is for innovation and credit card or fiat money has been used by criminals for decades for such activities. There is lack of protection and doesn't have some legislation in this regard once we see more regulations all begin to be all right. Criminals always try to hide behind anything which can provide them shield and Bitcoin is perfect for these purposes.

jak3

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they got informed by news channels and newspapers that some terrorists used bitcoin for trasactions and now if they see us using bitcoins then they will think we are bad people and doing bad thinks but they were wrong completly wrong

beerlover

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He's not really to blame though for having to know bitcoin having a reputation of "criminal's currency" since the mass media would always only inform the public about the criminalities involved with bitcoins.
I too have encountered conversations like that. Worse, my parents are actually against me using bitcoin because they think I may be doing illegal things.

Hellacopter

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Criminels and terrorists use fiat as well as currency , and they used it already in the past before the creation of Bitcoin, so there is no any solid proof that the Bitcoin is the virtual currency for criminal

harizen

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Quote from: salsa321 on August 15, 2016, 04:17:00 AM

Hey guys,

I want discuss about bitcoin.
2 weeks ago my friend asking me,
'What's your job now,i said trading bitcoin bro'

He surprised about my statement.
I ask 'why?why you looks like that'
He said,'it possible?money for criminal like that can be used for trading?'

I answer,'why not?that legal,thats money is depend ur purpose,buy or sell something,or you will donation for terrorist.

Any have same statement like me?

Feel sad for your friend since he received some misleading information of bitcoin. Your friend does have an idea about bitcoin since he stated some his own insights about that currency. What's lacking is, he is really not interested since if he really wants to know more about bitcoin, no such statement like that will be made.

Well if you want you can give him a nice study but if he's not interested then just let him have a thinking like that.

sim sim

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it is really a virtual currency and every one is using it equally, there will be so many people who will use it from for goods and there will be so many other people who will be using it for criminal activities.

Topic: Bitcoin is virtual currency for criminal (Read 2560 times)