Topic: Bitcoin used for illegal activities on telegram - page 3. (Read 832 times)
As long as the demand is there, the dark market business will flourish. Even if the authorities shut down all the dark markets, the drug users are going to secure their supplies through street vendors. As far as I can see, the "war on drugs" in the United States is causing more harm than good. It is just forcing the drug users to consume synthetic opioids, rather than soft drugs such as cannabis. And if I am not wrong, overdose deaths crossed the 40,000 mark last year (with the vast majority as a result of fentanyl and other synthetic opioids). Those lives don't matter, because the pharma giants get billions of USD in profit every year from manufacturing synthetic opioids.
https://news.bitcoin.com/a-system-of-robot-drug-dealers-on-telegram-allows-people-to-buy-illegal-products-for-bitcoin/
I came across this news which is unfortunate but inevitable, people use fiat, bank accounts , gold, anything which is worth any value to do illegal activities.
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.
Given that any sort of money or assets is used for illegal activities, it's illogical to blame Bitcoin and yet ignore, say, USD. Bitcoin needs strict regulations because criminals use it? Okay, how about anyone paying for anything with dollars has to verify identity now? And Telegram is also the kind of platform used for tons of things. I, for one, use Telegram very actively because it's the most popular messenger for young people in my country. So most of my communications regarding studying (I'm finishing my MA this year) and just talking with friend occurs there. And it's not my fault that some use it to buy/sell drugs. I came across this news which is unfortunate but inevitable, people use fiat, bank accounts , gold, anything which is worth any value to do illegal activities.
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.
~snip
It's just about time that the authority have to make an action of what they're suppose to be doing to stop this kind of transaction.
This is what government in many countries want with bitcoin. They want to control bitcoin but still can't. Bitcoin is used as a scapegoat and is always blamed because there are people who use it for illegal activities. In fact, fiat has been proven over the year to be the most commonly used tool in illegal activities, including those carried out by government official themselves. I don't think news like this will have much impact on the already strong bitcoin community. As long as we can use it in activities that do not violate the law then I will not leave bitcoin. It's just about time that the authority have to make an action of what they're suppose to be doing to stop this kind of transaction.
They can't be serious if they(the government) were going to blame it on Bitcoin because no matter where I look at it. A currency has nothing to do with it–it's just the people who uses and exploit Bitcoin on their advantage. It's just about time that the authority have to make an action of what they're suppose to be doing to stop this kind of transaction. Nonetheless, they have a countermeasures already when it comes to dealing with narcotics, it's just–they have to make a good plan to stop those people from doing illegal activities.
You said it already that it's inevitable, not only for fiat but for things that have value. These people will use any medium or platform they can just to continue doing illegal activities and will continue to find ways that make it convenient for them, and not to easily get caught by the authorities. It's not bitcoin's fault when criminals use it for transactions because it was not made for that purpose, it's just that greedy people will always abuse something for their benefits, and that's one of the examples.
Also, I just want to mention that news headlines with bitcoin always beside illegal activities can give a misconception to people (especially for those who don't have much idea about it) that bitcoin is something bad although it's not actually like that.
Also, I just want to mention that news headlines with bitcoin always beside illegal activities can give a misconception to people (especially for those who don't have much idea about it) that bitcoin is something bad although it's not actually like that.
Well, I always have this perspective that there really is a possibility that this is just a setup. Because it really is stupid, I find it really stupid when the government is putting the blame on bitcoin because of the illegal activities with them knowing then fact that it's not really because of the bitcoin. And since then, --any type of store of value is being used for illegal activities they still try to stop until now. I think someone is trying to stop the disruption of cryptocurrency but doing setup stuff.
Through the same telegram illegal stuffs and more other things can be bought for fiat. Why people don't make it a news ? We need to understand this is also a way of manipulating the market and creating negativity upon bitcoin. Whether it is bitcoin or something else, people use it for the good and bad.
Most of the time the negative part gets revealed and in rare occasion the good about bitcoin gets revealed. Just reporting it to the authority nothing is gonna change unless the person involved realise the need of bitcoin for good.
Most of the time the negative part gets revealed and in rare occasion the good about bitcoin gets revealed. Just reporting it to the authority nothing is gonna change unless the person involved realise the need of bitcoin for good.
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.
If the technology upgraded any illegal activity will adjust base of what they think they need with it since they know it is much secure place for having transaction they will use it. Thats the advantage and disadvantage of technology it can be helpful for many but it can also be helpful for the people committing illegal activity.
We cannot blame bitcoin for that, something that is illegal by people using bitcoin. real money can be forgiven that way that it depends on the use of each for the positive or the negative
I supposed not to blame Bitcoin for a such a crime or sort of illegalities. Everyone can buy Bitcoin and anything they do with that number of Bitcoin are their own decision. What it makes difficult is that they are taking advantage of having an untraceable transaction, using social media to make their devil intention, that was the most devastating event that makes the authorities never find crypto as the best solution to a long delay of transaction. Instead, this gives them a reason to hate crypto. 
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 new, Have known about this for more than 5 years even before my first bitcoin transaction. The Darknet has always been an avenue for such transaction, for drugs, weapon, human trafficking even oil transaction but who do more of oil transaction than the corrupt country leaders. More of this anonymous coin are used there than bitcoin especially monero, you never wondered why the rarely mentioned monero still has the high volume of trade, high price and market cap. They give USA more concern that allow so much fund to break the privacy.
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.
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.
Even USD and fiat can be used for illegal activities on telegram and other platforms. This does not mean that we think that bitcoin is a scam itself.
Newbies and even the experienced bitcoin users need to understand and get trained so that they do not get scammed by anyone.
Bitcoin is a decentralized which is different from fiat money which is control by the government. Some people are using bitcoin illegally in some of the social media, to scam people money and destroy the image of bitcoin.
I think those using bitcoin illegally on social media are people who don't have any idea of bitcoin or who don't want bitcoin progress in the country.
I think those using bitcoin illegally on social media are people who don't have any idea of bitcoin or who don't want bitcoin progress in the country.
The news like this will not make some big impact on the community but the people who contribute to doing this thing will likely help those people who have bad intentions to bring down bitcoin. Therefore, reporting this kind of illegal activity will be the best option to save the name of bitcoin being tag with their illegal activities. Hopefully, things like this will not affect the price of bitcoin like how it used to be at an early age.
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.
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.
We cannot blame bitcoin for that, something that is illegal by people using bitcoin. real money can be forgiven that way that it depends on the use of each for the positive or the negative
Telegram isn't the only place to find illegal stuff online.There are lots of Discord servers offering carding,money transfers,refunding services and other illegal products(most of those vendor are usually scammers,who aren't delivering the illegal stuff they are selling.They just want to some quick BTC,by scamming naive people..The Discord team is doing a great job by banning such servers,but they continue to popup.
I don't think that anyone could blame Bitcoin such activities.The process of selling and buying illegal products and services would exist,even if Bitcoin wasn't created.
I don't think that anyone could blame Bitcoin such activities.The process of selling and buying illegal products and services would exist,even if Bitcoin wasn't created.
Telegram was already banned in Russia. People were using VPN. Some time ago it was allowed. But it doesn't solve the problem. All messengers are easily interchangeable. Such as Jabber (OMEMO) and others.
I read the entire article.
This is a whole country of drug addicts under the name "Televend"
. With their reviews, reputation, and "merits". And what surprised me is that everything works on trust. "Kind and honest" people? 
They competentlyeducate process their clients. Bitcoin only plays an additional role here. While this selling option works for them if it stops they will likely find other ways and means.
There is no need to blame bitcoin for various cases of fraud, but you need to look for the root cause and specifically deal with the fight against drug dealers. Because they are cancer. It is necessary to remove this tumor. All methods of fraud will evolve in the same way as technology, so it is wrong to blame all the means that criminals use. Even the Kalashnikov assault rifle was invented not for murder, but for protection. Likewise, bitcoin was not invented to serve criminals.
I read the entire article.
This is a whole country of drug addicts under the name "Televend"
. With their reviews, reputation, and "merits". And what surprised me is that everything works on trust. "Kind and honest" people? They competently
There is no need to blame bitcoin for various cases of fraud, but you need to look for the root cause and specifically deal with the fight against drug dealers. Because they are cancer. It is necessary to remove this tumor. All methods of fraud will evolve in the same way as technology, so it is wrong to blame all the means that criminals use. Even the Kalashnikov assault rifle was invented not for murder, but for protection. Likewise, bitcoin was not invented to serve criminals.
Nothing has changed since Silk Road, and bitcoin is still the number 1 payment means for trading in illegal goods!
Personally, I do not see anything wrong with it, I am sure that bitcoin will be fine!
Personally, I do not see anything wrong with it, I am sure that bitcoin will be fine!
They're using any possible ways to transact their products with instant payments through the use of digital apps like telegram andmake it into a bot so the buyer will easily buy and purchase drugs easily. Since digital payments is also a convenient way to use, bitcoin or crypto payments is their first choice. Government will definitely see this again as unfavor to bitcoin.
Eventually, even bitcoin wasn't made by this illegal purposes but criminals, fraudsters, black market users will definitely use this to mask the transaction's identity or to take advantage of the anonymous and conveniency of btc.
Eventually, even bitcoin wasn't made by this illegal purposes but criminals, fraudsters, black market users will definitely use this to mask the transaction's identity or to take advantage of the anonymous and conveniency of btc.
Jump to: