Bitcoin used for illegal activities on telegram - page 2.

SaShiRaJaVu

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Quote from: fiulpro on October 17, 2020, 05:13:48 PM

People are now using social media and telegram to buy illegal things like : drugs , they are paying through Bitcoins.

If someone gets in contact with such agents , they should timely inform the authorities, make sure you don't engage with things like this. It is not only bad for the whole community but it's also attracting negative attention from the black markets.

People are doing illegal activities well before bitcoin is in existence and if not for bitcoin they will be using other forms of currencies to transact, for a long time coupons were used to do these sort of activities but that does not mean it is used entirely to do illegal activities. If people are using bitcoin then it will having public trial and they will be caught eventually.

tanjiran

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Quote from: error08 on October 19, 2020, 12:04:58 PM

The anonymity that cryptocurrency provides lead government to blame bitcoin and want to ban it.
However, drugs and many other illegal activities have been banned for years but it still remains to date.

There are always those who take advantage of something for negative things. Likewise, with bitcoin, everyone knows that we can use it anonymously, and this is what the government is warning against. There are many loopholes used by "criminals" to hide their illegal activities in bitcoin, I realize this, but on the other hand, bitcoin can be exploited for something more useful and profitable. Realizing this, the government cannot completely ban bitcoin and only impose limits as much as possible to reduce illegal acts.

ChrisPop

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We can really do anything. Bitcoin is a means of exchange. It holds a value and its main feature is that it grants freedom to its users. We can't cut the whole tree because of a rotten fruit. We must treat the human behavior and not modify the technology.

Bitcoin cannot be banned in the whole world. I don't think that any big nation can cut its citizens the potential for massive appreciation in value that Bitcoin possesses. Even if there were a ban, Bitcoin will still be used underground.

A potential ban would slow the growth of crypto currencies, but wouldn't stop it.

error08

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Quote from: fiulpro on October 17, 2020, 05:13:48 PM

https://news.bitcoin.com/a-system-of-robot-drug-dealers-on-telegram-allows-people-to-buy-illegal-products-for-bitcoin/
~~~
But this time what's unfortunate is : Government will make this the fault of bitcoins and the people themselves, put up huge restrictions or might even think about issuing a ban.

People are now using social media and telegram to buy illegal things like : drugs , they are paying through Bitcoins.

The anonymity that cryptocurrency provides lead government to blame bitcoin and want to ban it.
However, drugs and many other illegal activities have been banned for years but it still remains to date.
The point is, people always find a way to do it, using bitcoin or monero but it's relatively small compare to fiat money.
It's better for the government to regulate cryptocurrency transaction, not easy to convert bitcoin into cash as the transaction easily tracked through blockchain, although it's a game of patience to track down all the transactions.

kentrolla

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BTC is uncontrollable a lot of articles are coming across regarding this and really hard to judge. After lot of appreciation on this technology many of them use this for illegal purpose is really heartbreaking and now telegram has been targeted.

Governments of every country should come up with strong regulations on this only then we can a safe transaction everywhere else there is no guarantee in future that people will use it and automatically it will get scammed.

Tamim121

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Some people use Bitcoin for illegal activities on telegram and other fields. Because Bitcoin transaction can't trace by anyone. Transaction is so much easy and fast. They can buy any illegal things easily by Bitcoin. So they use Bitcoin illegally.

gerica0613

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While I absolutely agree on reporting and fighting scam, illicit substances will always be sold until government takes control over its distribution and production and stops punishment for using

sheenshane

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Quote from: yayayo on October 18, 2020, 11:33:04 PM

This could be dangerous even for the normal users who are using telegram, even the telegram was used for illegal activities
anyone should be inform the authorities about the illegal activities engaging to this kind of services would really give you a lot of trouble.

ya.ya.yo!

I tend to agree, it quite full of scam and fraudulent out there.

IMO, I don't think the Government is doing the good steps against illegal activities by putting the blame on Bitcoin. I just find them too desperate and guilty for not being able to stop these illegal activities. If I were them, I would focus on the core of it because the reason why there are illegal activities are that there is a producer, pushers, runners, and admins and those are the things that has to be stopped. Unless they are also involved with it.
In our country, it has the same system. The government is the one that is running very scalable illegal businesses. I'm aware.

bryant.coleman

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Quote from: FinneysTrueVision on October 18, 2020, 07:11:43 PM

The drug war has failed. I believe if we decriminalize drug use the world would be a better place. It would take power away from violent cartels and the prison population would be drastically reduced, saving tax payers money that could go towards more beneficial things like healthcare and education.

I have already posted about this. Decriminalization is the best way to move forward. But the governments don't want to do that, because it can have a negative impact on multiple sectors. For example, the private prison industry is very big in the United States. If the drug trade is decriminalized, then the prisons would go bankrupt. Also, the pharma cartels make tens of billions of USD every year by selling synthetic opioids such as hydrocodone and oxymorphone. If the soft drugs are legalized, then they will also suffer huge losses.

yayayo

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This could be dangerous even for the normal users who are using telegram, even the telegram was used for illegal activities
anyone should be inform the authorities about the illegal activities engaging to this kind of services would really give you a lot of trouble.

ya.ya.yo!

maydna

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Quote from: Lorence.xD on October 18, 2020, 12:29:50 AM

Quote from: maydna on October 18, 2020, 12:03:21 AM

~snip~

Pretty crazy thing that Telegram does not do anything about this prevalence in scam. If I were the owner of Telegram and all that is associated with my application is that it is a cesspool of scam, it would spur me into a campaign in preventing the proliferation of scams and eventually annihilation of this scams in my platform. I do not have that much legal knowledge but I think they can be prosecuted for being negligent when it comes to scams on the platform.

I am sure Telegram is neutral, but Telegram is not responsible for every user will do. But Telegram can ban that person if he abuses the rules. But I am sure that a person can find the other way to use Telegram and scam other people. It is not easy to manage the platform, which has a thousand people who use the apps. So we need to be careful with ourselves if we join groups in the Telegram, and always avoid talking or chatting with people we don't know.

But still, we see many case in Telegram that has been used for illegal activities, and perhaps, if we join in one or more groups, we will get interesting offers that allow us to make a big profit in a short time.

Quote from: MCobian on October 18, 2020, 06:58:41 PM

I am not surprised if someone says Bitcoin is widely used by illegal activities on the telegram platform, because indeed the number of
victims who were deceived on telegram was very large. Usually scammers invite investments that promise double profit or scammers
use Ponzi schemes to deceive their victims, by promising great rewards. Many newbie are deceived by rewards to be good to be true,
maybe from the beginning many newbies misunderstood that Bitcoin could make money instantly. Why do scammers use telegram to
do illegal activities, because most of the crypto community and crypto projects use telegram for communication media.

So that is what bitcoin will get if many people get scam from Telegram, and we are difficult to find that scammers. People out there will think that the Telegram will only to be used for illegal activities as they see many cryptos projects scam people.

Sayma83

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Hi! It is anything but another thing, digital currency is only a benefit and some gigantic crimes are additionally utilizing fiat in the exchange. So it's not a direct result of the cryptographic money, this is on the grounds that there are individuals who like doing terrible things and they simply utilized the highlights of crypto to their departure. Anything can be utilized in crimes, the progression of innovation isn't the shortcoming that there are numerous hoodlums. Indeed, even at clinical innovation, many are utilizing it to their benefit as opposed to utilizing it for building up the medical services framework. The innovation isn't the issue, it's the human's issue that for a criminal attitude, utilizing it to their benefit. Thank you all crypto lovers

FinneysTrueVision

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The drug war has failed. I believe if we decriminalize drug use the world would be a better place. It would take power away from violent cartels and the prison population would be drastically reduced, saving tax payers money that could go towards more beneficial things like healthcare and education.

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Quote from: Yatsan on October 18, 2020, 06:38:48 PM

The people specially the government thinks that illegal activities are always associated on using Bitcoin on which the fact that even before that Bitcoin is not yet existing, illegal activities are already there no matter what currency there is. The ones who must be blamed in here are the people for taking advantage of the Bitcoin's usage and make use of it on criminal and illegal activities. The ones who must be regulated and restricted are the people for doing related stuffs concerning illegal activities for they are the ones who are making such illegal behaviors and Bitcoin have been the one being pointed out when at the first place it is just being used by those people out there for their own personal usage including illegal activities.

i think not only the govt but those noncrypto users who dont have the indepth knowledge about crypto esp those that are just watching the media. it is true that illegal activities were already rampant even before we learn the name of bitcoin. and right now, those criminals just got another one good avenue to play their game.
but if we compare it to the laundered fiat, crypto is not even close.
last month's article from asia times also pointed out that crypto involvement has just been exaggerated in money laundering activities and fiat still remains the biggest contributor in this activity

https://asiatimes.com/2020/09/money-launderers-use-fiat-not-crypto-report/

MCobian

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I am not surprised if someone says Bitcoin is widely used by illegal activities on the telegram platform, because indeed the number of
victims who were deceived on telegram was very large. Usually scammers invite investments that promise double profit or scammers
use Ponzi schemes to deceive their victims, by promising great rewards. Many newbie are deceived by rewards to be good to be true,
maybe from the beginning many newbies misunderstood that Bitcoin could make money instantly. Why do scammers use telegram to
do illegal activities, because most of the crypto community and crypto projects use telegram for communication media.

Yatsan

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Leading Crypto Sports Betting & Casino Platform

The people specially the government thinks that illegal activities are always associated on using Bitcoin on which the fact that even before that Bitcoin is not yet existing, illegal activities are already there no matter what currency there is. The ones who must be blamed in here are the people for taking advantage of the Bitcoin's usage and make use of it on criminal and illegal activities. The ones who must be regulated and restricted are the people for doing related stuffs concerning illegal activities for they are the ones who are making such illegal behaviors and Bitcoin have been the one being pointed out when at the first place it is just being used by those people out there for their own personal usage including illegal activities.

pixie85

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A new automated deep web marketplace? Why not? It's great that these places weren't shut down and are evolving to become better and harder to destroy.

I don't care that it's illegal. If people want to buy something it's their choice. The government should not interfere in simple trades between people.

Law of supply and demand at its finest!

mezzaluna

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Quote from: Haunebu on October 18, 2020, 06:35:44 AM

It's basic human nature to do illegal shit through different ways and the ones that have issues with these things can't really do much to be honest. Cryptocurrencies like BTC etc have always been exploited by scammers due to their anonymity aspect.

There are 2 sides to everything op. Even BTC has its cons along with its pros which is something that the cryptocurrency community is aware of.

The best approach here is for newbies to stop falling for these scams so that the scammers lose interest in these shady activities themselves.

Also, people would not stop to think of ways to take advantage of others even though they are already earning a big amount of money. Its kinda hard to setup scams like this so it would be surely come from who is a veteran developer since they already knew what would entice users. Even though Telegram is already marking up group chats that may be harmful, its still good to review some group chats before joining.

Newbies need to at least have to think twice before joining group chats.

pawanjain

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Nothing lasts forever

Governments should understand that it's not the fault of bitcoin since it didn't change it's behavior since inception.
It was designed to become a peer to peer payment network and that's what it is. It's the people who use it for illicit activities.
I am sure that the so called "Televend" was also created to make a positive impact in the market but it's the people who leverage it for illicit activities like drug dealing.
If people are using a good thing for a bad purpose it doesn't mean that the good thing is bad rather it means that the person is himself bad.
Besides that the governments can't do anything to bitcoin other than restricting it's use, so they should rather go behind the people who are dealing with drugs.
The drug dealers will surely find some other way if bitcoin is not an option to them. So why not catching the drug dealers itself at the first place.

3meek

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God, save BTC!

Quote from: wildan88 on October 18, 2020, 07:14:23 AM

i think this is the negative side of bitcoin and other cryptocurrency they can be used through illegal activities. i know that it commonly used in deep web but never thought that some users will use telegram for doing illegal transactions.

This is not a minus of cryptocurrency at all! If you follow your judgment, is trading weapons or drugs a minus fiat money?

I don't defend illegal actions, but it is thanks to the darkmarket that bitcoin got its popularity! Because it is really convenient to use it, bypassing the laws ...

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