Crypto is a currency, criminals are humans. Money is used by everyone here on earth. This can be a criminal or can be a honest person, fiat or crypto coins can be used by any. If criminals can not use crypto currencies, what would you say to money launders. Crypto platform has been the most supportive platform for all who convert black money into white money. So this is upto an individuals to use the money.
Yeah that's what we have to admit that crypto is indeed the right place to money laundering from their corruption because crypto has an anonymous nature which makes all identities undercover, I think there will still be illegal transactions spinning in crypto, we can't hold it back 
Topic: Bitcoin not the choice of criminals anymore - page 2. (Read 1834 times)
same goes with bitcoins -the numbers pale in comparison to fiat when we speak about crime, it is less than a drop in the ocean figureswise
Bitcoin is the new kid on the block, so it has to be the one that's catching all the trash talk from bitter and skeptical human beings.
I have had numerous discussions to convince people around me that money (whether it's Bitcoin or fiat or Gold) is only a tool and for that reason should never be blamed. Instead, blame abusers, and for instance, governments are the worst ever abusers of money where they use it to fund wars and whatnot. It's a counter argument that's strong enough to convince even some of the most brainwashed average joes.
Another thing is that crime is a very subjective term that's different for each person. Most average joes consider buying and selling weed to be a crime. They consider smoking weed to be a crime. They consider tax evasion to be a crime. I don't consider any of these to be a crime at all. If we take that into account, the actual criminal use (the heavy shit that's bad for real) is negligible. People need to grow a thicker skin and not instantly label others as criminal.
ah the good old fallacy - bitcoin is not and has never been the choice of criminals
this is similar to saying that chainsaws is the weapon of choice of murderers, just because we see it in horror movies
and there are people killed by it every year, but it doesn't mean that in the grand scheme of things it is in any ways the weapon of choice
same goes with bitcoins -the numbers pale in comparison to fiat when we speak about crime, it is less than a drop in the ocean figureswise
some links:
https://www.ccn.com/terrorists-and-criminals-are-rarely-using-bitcoin-or-ethereum-eu-study-finds/
https://bitcoinist.com/bitcoin-not-good-crime/
this is similar to saying that chainsaws is the weapon of choice of murderers, just because we see it in horror movies
and there are people killed by it every year, but it doesn't mean that in the grand scheme of things it is in any ways the weapon of choice
same goes with bitcoins -the numbers pale in comparison to fiat when we speak about crime, it is less than a drop in the ocean figureswise
some links:
https://www.ccn.com/terrorists-and-criminals-are-rarely-using-bitcoin-or-ethereum-eu-study-finds/
https://bitcoinist.com/bitcoin-not-good-crime/
BTC us getting a much-improved image as US law enforcement acknowledges that BTC criminal use has declined dramatically.
https://forexmarketslive.com/bitcoin-not-the-choice-of-criminals-anymore/
A new study recently conducted in the European Union showed that bitcoin is used with an illegal target in just 0.67 percent of cases. That is, the whole problem with the illegal use of bitcoin is in fact far-fetched. For various illegal purposes, coins with a higher degree of anonymity are used, such as Monero, ZCash and others. Bitcoin is only relatively anonymous.https://forexmarketslive.com/bitcoin-not-the-choice-of-criminals-anymore/
And this problem was far-fetched and contrived right from the start. Satoshi himself never considered Bitcoin anonymous and untraceable as he uses the term “anonymous” only in reference to public keys in his WP. In fact, the Bitcoin blockchain, the so-called "public ledger", is a perfect tool for forensic analysis. First Bitcoin users like those unbanked from Silk Road and other similar DarkWeb markets may have been too optimistic in this regard and got caught in the end when their transactions had been properly analyzed and scrutinized. And I don't think other coins are totally safe either
As only time will tell if they are truly secure and anonymous in practice
Due to this reason many countires still not accepting bitcoin as legal. Because the bitcoin money has no tax thats why some people used it for illegal purpose.
Government are afraid of this thing, because they cannot collect taxes from their people and if this thing continues, government will be dead. People are tend to use bitcoin to escape paying taxes, and also people are just want to make good money through bitcoin. Criminals will always find ways to do their business as usual, government can't stop them for sure. BTC us getting a much-improved image as US law enforcement acknowledges that BTC criminal use has declined dramatically.
https://forexmarketslive.com/bitcoin-not-the-choice-of-criminals-anymore/
A new study recently conducted in the European Union showed that bitcoin is used with an illegal target in just 0.67 percent of cases. That is, the whole problem with the illegal use of bitcoin is in fact far-fetched. For various illegal purposes, coins with a higher degree of anonymity are used, such as Monero, ZCash and others. Bitcoin is only relatively anonymous. https://forexmarketslive.com/bitcoin-not-the-choice-of-criminals-anymore/
Due to this reason many countires still not accepting bitcoin as legal. Because the bitcoin money has no tax thats why some people used it for illegal purpose.
Can the government convince that money fiat isn't to be used for illegal transactions? If this is used as an excuse for the government, I guess the government must read all the components about bitcoin, because when compared with money fiat, bitcoin which should be chosen as a secure payment system even can reduce illegal transactions in their country.
Bitcoin is a technology that is very capable of helping regulate finance, bitcoin is not for criminals but bitcoin is for everyone who wants to change their financial situation for the better.
Due to this reason many countires still not accepting bitcoin as legal. Because the bitcoin money has no tax thats why some people used it for illegal purpose.
but now many countries try to legalize bitcoin even adopt it, and when that happens bitcoin is getting safer and not an option for thieves because there are already those who regulate it and protect it that country. 
Crypto is a currency, criminals are humans. Money is used by everyone here on earth. This can be a criminal or can be a honest person, fiat or crypto coins can be used by any. If criminals can not use crypto currencies, what would you say to money launders. Crypto platform has been the most supportive platform for all who convert black money into white money. So this is upto an individuals to use the money.
Its because unlike the before, the system is more decentralized. There are a lot of circumstances happen that the government and system adopts in it. It includes asking of KYC for ICOs and investors and also with the exchanges used to encash or buy coins. Crypto is decentralized but the system around it isnt.
It has become much more difficult to dig through to the purses, cryptography does everything possible so that more people trust.
BTC us getting a much-improved image as US law enforcement acknowledges that BTC criminal use has declined dramatically.
https://forexmarketslive.com/bitcoin-not-the-choice-of-criminals-anymore/
https://forexmarketslive.com/bitcoin-not-the-choice-of-criminals-anymore/
Good study though. Went through the news given in the link. Bitcoin transactions were reduced by criminals due to heavy security of blockchain? Or Criminals do have support of normal people waging them to do transactions from their ids? Then what really made criminals stop their transactions? I dont think criminals have stopped their actions. I would say, they have found another way of dealing with crypto currencies? Need to have a deeper studies on it?
Added to what you have said, the Media also plays a major role in changing the public's opinion which I believe to be a sort of manipulation. The media is powerful and it is against cryptocurrency. We noticed that it also spread negative feedbacks about bitcoin as well as false predictions so people give up on it or be afraid so they would sell their coins and avoid taking risk. It is also noteworthy that big whales are manipulating the price as they want.
the game in the world of commerce is indeed full of tricks, for the big players to go up the price drop is very influential for their profits so the price movements are strongly influenced by the situation that is happening in this world. there are still many parties in business that still use social media in playing with the emotions of market participants, so we must understand it and always confirm the news that is not clear to the truth.
It was only five short years ago that the majority of bitcoin transactions involved a criminal element. That number has now dropped to less than 10% of BTC transaction. This was revealed in a recent Bloomberg interview with a DEA official.
I do not know how these studies were done, and how criminal elements were identified? But I totally agree that the rate of bad use has fallen.
I think the main reason for this shift is the encouraging heights 'bitcoin up to 19000" and the positive news "Media effect".
The other thing is how will legislation be prepared for all cryptocurrencies since many of it have been used for dark activities and money laundering? The standards of financial institutions also lose the structure of decentralization.
A 90% drop in the illicit use of Bitcoin will have an immense impact on lawmakers and open up those who might have been previously for an all-out crypto ban.
Even if these numbers are true, It will not has an impact on lawmakers, it just means that "Bitcoin is not bad".
okay, maybe you think crime has drastically reduced. How to deal with people who do free trade such as sex, drugs, illegal weapons, and funding an illegal community like ISIS. Isn't that a crime that must be eradicated?
I don't think crime must be erradicated through bitcoin, because it has an independent body that will be used for independent spending. The decentralized currency isn't a preference of these criminals and terrorists like as you said ISIS, due to traceability of blockchain transparency. Those unrightful acts of these people who had illegal and devious acts couldn't do at their freedom, because bitcoin cannot be into cash form if not being deposited to the bank or any money transfers establishments, like western union.
But still ISIS can used crypto to channel funds globally and its hard to trace them specially going to a wallet with no names associated to it. They can even try to used privacy coins to check how well their "privacy" can be protected and traceability is going to be difficult to authorities. I think criminals are also getting smarter, maybe most of them are still using bitcoins to move funds around, but they are now very careful what wallet it go and how they can properly convert it to cash.
Government will never stop until they wont have full control of cryptocurrency.
I support them to keep going hard against crypto currencies. Not because of criminals and whatnot, but purely because of how it stimulates people to ditch centralized services and strictly use crypto as peer to peer medium of exchange. China has been a perfect example of how their anti crypto sanctions fueled the decentralized economies there. Try to stop these people. It's next to impossible. These criminals are slowly walking away from the "safe heaven" they considered, as not too soon they will all be compromised.
No need to exaggerate. Criminals are creative enough to figure out an alternative route and thus always be a couple of steps ahead of the rest. Just like how regular people are slowly taking distance from centralized services, so have criminals too, but then in a more serious form. As long as none of their coins gets converted to fiat, there is pretty much no risk to it, and this to some extent also applies to XMR. 
Even criminals wanted something stable too. This only happened because they can't rely too much on bitcoin with it's fluctuating prices that affects whatever their business is. I know they'll go back again once btc makes noises and become the main topic of financial news.
Maybes its not just the price of bitcoi, I believe they don’t care much about the value since criminals can make easy money buy maybe because of the strong regulations are now out in some places. Remember that cryptocurrency is a decetralized market and crimina wants to remain anonymous but since regulations are coming maybe they are going to exit in the market slowly.BTC us getting a much-improved image as US law enforcement acknowledges that BTC criminal use has declined dramatically.
https://forexmarketslive.com/bitcoin-not-the-choice-of-criminals-anymore/
https://forexmarketslive.com/bitcoin-not-the-choice-of-criminals-anymore/
This shows how effective is the regulation is in which it reduced the chances of Bitcoin to be use in illegal activities. Although the market investors was also reduced because probably there are lot of illegal people are investing in Bitcoin before just for their illegal means but this is better as Bitcoin and the whole Crypto currency market are now more cleaned and more safe for an investment.
BTC us getting a much-improved image as US law enforcement acknowledges that BTC criminal use has declined dramatically.
https://forexmarketslive.com/bitcoin-not-the-choice-of-criminals-anymore/
Very good news, this can happen if the government participates in controlling bitcoin in its use by the public, because the thing that some countries fear is criminal acts like this, maybe if some countries know they might follow...https://forexmarketslive.com/bitcoin-not-the-choice-of-criminals-anymore/
I guess these transparency will lead us soon to a generalized global regulation for Bitcoin and other cryptocurrencies. From Bitcoin and ICO banning, to regulating, and KYC verification. Government will never stop until they wont have full control of cryptocurrency. These criminals are slowly walking away from the "safe heaven" they considered, as not too soon they will all be compromised.
Jump to: