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Topic: Bitcoin is virtual currency for criminal - page 4. (Read 2560 times)

legendary
Activity: 1358
Merit: 1014
August 15, 2016, 09:34:00 AM
#25
Tell them that they are idiots since they don't know that most of the crime is being used under fiat currencies. Show them the data and then they cannot say that again:

hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
August 15, 2016, 07:29:53 AM
#24
And fiat money is a real life currency for criminal. Whats your point?
hero member
Activity: 1372
Merit: 503
August 15, 2016, 06:58:30 AM
#23
it is not true !!! bitcoin payments are digital media that is designed to facilitate everyone to make remittance.
those who use it for criminal actions are irresponsible. bitcoin provides positive impact !!

Yes. Thats true. Bitcoin is created only for positive things. Not for doing some crimes online. But if you would look how bitcoin is used, you can see that bitcoin is also used to buy and sell things without telling your own Identity. And thats one reason why bitcoin is used for anonymous transactions online.
hero member
Activity: 1372
Merit: 503
August 15, 2016, 06:54:12 AM
#22
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 agree with that. Bitcoin cant count as a criminal case unless used it at bad things. For example, you bought some drugs that are illegal in your country, that will count as a crime. But if you use your bitcoin to buy a Legit Car, then that will not count as a crime.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
August 15, 2016, 06:53:47 AM
#21
Sure, Bitcoin probably started out that way and unfortunately keeps its reputation as the "drug money of choice". I remember reading the original Galker and Slashdot articles in 2010-11 explaining how to use Bitcoin for the Silk Road complete with onion links. (It used to piss theymos off so much back then if you linked to the Galker article in a post your post would be deleted. LOL)

I was intrigued and wanted to know more about this "Bitcoin" thing. It was the first time I ever heard about Bitcoin or the Silk Road. I came here to look around and ended up having a few mining discussions with organofcorti and Goat. I slowly realized I could be at the start of something that could make history (or at least make me some extra scratch). I started mining heavily because of the influence of the two guys mentioned above and TerryTibbs (for ltc).

I definitely would never have found out about Bitcoin without its notorious drug connection.
sr. member
Activity: 672
Merit: 250
August 15, 2016, 06:17:25 AM
#20
That is a reputation of bitcoin made by media in the minds of people not using bitcoin, who says bitcoin is criminals currency?
What if a criminal hacks an account of a hospital and asks for US dollars? Will US dollar be called a criminal currency after that? Absolutely not, then why that rule applies for bitcoin?
It is upto the person who uses a currency if what way he uses it, if someone uses it for well then it is good for himself and if someone uses it for bad actions then that will become bad for himself, just by some evil people using bitcoin in a bad way does not make the whole coin "the criminals currency".
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
August 15, 2016, 06:12:55 AM
#19
Criminals use more dollars than bitcoins. The currency can't help being used by criminals.

How can you know that? if ever there was a survey that happened. Because I do not think anyone knows for sure criminals, more use dollars or bitcoin. But I think because the dollar is better known, the majority of criminal use this currency. IMO

But I agree if the currency can not be considered criminal. Because currency only objects used by criminals and money should not be blamed.
well it's easy to know,from when dollar was created compared to bitcoin,and if you look back,there's so many drugs lord before bitcoin was created,so they'll definitely using dollar to do an international transaction,that's enough to give you reference that dollar is even worse than bitcoin
legendary
Activity: 1162
Merit: 1000
August 15, 2016, 06:06:30 AM
#18
it is not true !!! bitcoin payments are digital media that is designed to facilitate everyone to make remittance.
those who use it for criminal actions are irresponsible. bitcoin provides positive impact !!
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
August 15, 2016, 06:04:43 AM
#17
if bitcoin is a currency for criminal,and so does with any fiat or physical money,bitcoin's transaction history can be traced and physical money can't so anwer me,which is the most match for criminals? i guess the answer is physical money,just let your friend know what's bitcoin and they'll not interpret bitcoin like that
legendary
Activity: 3304
Merit: 1617
#1 VIP Crypto Casino
August 15, 2016, 05:46:07 AM
#16
These crappy spam threads are tiresome. What do you think was used to pay for drugs, prostitution, prople trafficking etc for the last hundred plus years?

Yes that's right fiat money.
Anything that has a value will/can be used to pay for stuff.

What % of the annual billion dollar drug trade is paid for using bitcoins? I bet it's a minimal %.
hero member
Activity: 518
Merit: 500
August 15, 2016, 05:33:47 AM
#15
Can't blame your friend for thinking that bitcoin is equivalent to "criminal's money". I have a friend who also thought it that way. I think that is a result of years of bad publicity on bitcoin. What the common people doesn't get to hear about are the benefits bitcoin gives to the ordinary people and how it can empower those who didn't have access to such a currency. Bitcoin really has a long way to go towards being viewed generally as a trustworthy digital currency.
hero member
Activity: 1372
Merit: 647
August 15, 2016, 05:20:51 AM
#14
I think this situation is not new anymore. Most people who are just informed by media sometimes knew that bitcoin is used by criminals, just used in doing bad things, even they don't even tried it. It's good that you let your friend understand, that's the least you (or anyone here) can do imo. In the end he is still the one to decide about it.
sr. member
Activity: 644
Merit: 261
August 15, 2016, 05:08:57 AM
#13
Whatever currency it is may it be digital currency or fiat currency,it can be use by the criminals. People should not generalized that bitcoin is only for criminal because any other currency or commodity is use for crimes as long as it's acceptable as payment. Maybe the one who are thinking that it is for criminal are the ones who didn't really know the nature of bitcoin and just they just believed what they have seen or heard in the news or media which is sometimes fabricated just to let people believe that it is use for bad purposes.
legendary
Activity: 2170
Merit: 1427
August 15, 2016, 04:54:19 AM
#12
People blindly following and believing everything the media is saying are just dumbasses. They think that Bitcoin is being used by criminals while they can't even get a clue of what's happening with their fiat money. Bitcoin will not even come close to the 0.1% of all the dirty things done such as wars that are being financed with fiat. Shame on them.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
August 15, 2016, 04:46:58 AM
#11
Criminals use more dollars than bitcoins. The currency can't help being used by criminals.

How can you know that? if ever there was a survey that happened. Because I do not think anyone knows for sure criminals, more use dollars or bitcoin. But I think because the dollar is better known, the majority of criminal use this currency. IMO

But I agree if the currency can not be considered criminal. Because currency only objects used by criminals and money should not be blamed.
legendary
Activity: 2674
Merit: 2965
Terminated.
August 15, 2016, 04:46:44 AM
#10
You're friend is a primary example of an ignorant person that is being led on by the media. Jumping to conclusions just based on what you've heard somewhere is very wrong. I would argue that a currency that can not be used for everything (this includes all types of illegal stuff) is not a true currency.

You can use bitcoin to buy candies and US dollars to buy drugs, that's up to you, the money doesn't spend itself.
Nicely said. Isn't it ironic how the western media sometimes portrays Bitcoin as a currency used by criminals when the US dollar is the primary currency used in everything illegal.

Lot of people now a days said that person who have bitcoin is they are using it for the illegal activities online.
Simply put, such people are ignorant idiots.
hero member
Activity: 798
Merit: 505
August 15, 2016, 04:43:34 AM
#9
You can use bitcoin to buy candies and US dollars to buy drugs, that's up to you, the money doesn't spend itself.
correct the problem is not with any kind of currency .bitcoin is fine and it is the same as eu\usd .

Yup! that true. IT doesn't mean that if we say Bitcoin that means that we are using bitcoin to buy drugs in the deep web! pay to enter a website in deep web for the child pornography or some one else. Lot of people now a days said that person who have bitcoin is they are using it for the illegal activities online. But lets say yes! but it doesn't mean all of us using it .
legendary
Activity: 994
Merit: 1000
August 15, 2016, 04:39:29 AM
#8
Mostly fiat and gold are being used by criminals rather than bitcoin or virtual currency however government like to hype about bitcoin being criminal money because they fear that one day bitcoin like decentralized currency can dominate the entire economy of world.
legendary
Activity: 854
Merit: 1000
August 15, 2016, 04:39:11 AM
#7
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?
Bitcoin was introduced in 2009 and terrorism and other criminal activities all have a long history.Man created weapons for self defense and hunting but same weapons are also uesd for killing and violence.It is upto you how you use something
hero member
Activity: 1120
Merit: 502
August 15, 2016, 04:38:48 AM
#6
Criminals use more dollars than bitcoins. The currency can't help being used by criminals.
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