Topic: Bitcoins for illegal activity - page 7. (Read 2141 times)
Smart people understand that there are illegal activites with real money too. So, this does not mean that only Bitcoin is used for money laundering. But people that don't do any research about Bitcoin will continue to blemish it without doubt.
Well, it is not the problem with Bitcoin but the human involved. There are also cases whereby people buy and sell drugs or involve in any illegal activities using fiat.
Bitcoin isa digital virtual currency it is used in various activities, shipping, shopping, buying, selling, trading 💹 etc. Some illegal person use bitcoin as illegal activities ie smuggling.
I therefore conclude that bitcoin's use are getting worst as most of the cindicates are using bitcoin's privilege to get what they wanted,which is total anonimity when they are doing their illegal businesses.This is the only thing that i see bitcoin's disadvantage compare to other currencies like what we have in fiat currencies.
Bitcoin is the product of the innovation of technological advancement. Its role and function is to make our life innovative, easier and vigorous. It aims to be a platform to make a living, a tool for making transactions and to bring us more possible benefits. Yet, this vision isn't attainable because of the people with their difference of intention.
Most people are eager to be involved to attain the benefits of Bitcoin that will give them like being a channel of earning money through making investments and working on signature campaigns as well as bounties. But there are also people who take advantage of these privileges and put Bitcoin into their offensive acts against the law.
People are uncontrollable. Whatever image that the Bitcoin has, cryptocurrency and digital world have is all because of the action done by the people using it.
Most people are eager to be involved to attain the benefits of Bitcoin that will give them like being a channel of earning money through making investments and working on signature campaigns as well as bounties. But there are also people who take advantage of these privileges and put Bitcoin into their offensive acts against the law.
People are uncontrollable. Whatever image that the Bitcoin has, cryptocurrency and digital world have is all because of the action done by the people using it.
From recent news in India it is heard that bitcoins are used to sell drugs..I know its a currency and it is also used as a normal money... but these can create a bad space in people's mind that bitcoins are used to sell drugs..so they will not use bitcoins... Conclusion is that BTC is also a currency which is having a high value in the market..and bitcoins must not be used in these illegal activity which can reduce its usage and value.
which can also be used for illegal activities, it back again to us as users, ma used for what bitcoin we have. I think the news was made by the sentiments against bitcoin so they highlight bitcoin only when it is used for something illegal
As, some people have been using it for illegal activities, I think that people should stop blaming bitcoin for that. As, anti-social elements and criminals have been using gold, dollar and other currencies for illegal activities for a long time and they would continue to adopt new means in future too. So, it is not the fault of bitcoin. We shouldn't blame bitcoin for it.
The technology is innocent, the guilty are those who use technology, and bitcoin itself has no problem, and bitcoin is now rarely used for illegal activities,
As far as i know,there will be no problem if you arent going to use bitcoin buying illegal things in the deepweb,as long as you are using it in good things you wont have any problem to these Feds,which is why we need to be sure that we are going to use cryptocurrencies legally because if not you might be surprised if those feds are going to show up in your doorstep.
Thank you, you may be right. Almost every good thing has a bad side of it. And the bad people will always look for any avenue to keep their bad work moving.
Anyways its quite unfortunate to know that Bitcoin is used for drug exchange. But not everyone is affected by that.
Bitcoin's main purpose was for criminal use until the last few years. I think after Silk Road got busted it changed a little bit, but more criminals then heard of Bitcoin from the big news agencies reporting it and then became involved in the black market from there. In many ways if Bitcoin was never used in the black market, it wouldn't be what it is today. Anyways its quite unfortunate to know that Bitcoin is used for drug exchange. But not everyone is affected by that.
are not . I think the problem that criminals use bitcoin to pay for illegal purposes and the responsibility to prevent criminals using bitcoin for payment is the responsibility of the government. Actually criminals can use any currency to carry out illegal activities.
Thank you, you may be right. Almost every good thing has a bad side of it. And the bad people will always look for any avenue to keep their bad work moving.
Anyways its quite unfortunate to know that Bitcoin is used for drug exchange. But not everyone is affected by that.
Anyways its quite unfortunate to know that Bitcoin is used for drug exchange. But not everyone is affected by that.
If there’s money involved, crypto currencies or fiat, they are freely to use it in illegal activities. There’s no problem with the bitcoin. The problem is, the people who are absolutely abuses the use of bitcoin.
Maybe they think that bitcoin is very safe to use as a criminal media, but in fact not. in my country many people use bitcoin as a criminal transaction, and they are still easily caught by the police.
This is one reason why some people do not believe in bitcoin, because some people use bitcoin in illegal activities like drugs and others, but we should not blame the bitcoin we should blame the bad guys, because they use bitcoin for bad things, the BTC's name is contaminated
Illegal businesses are everywhere whether with bitcoin or not. Banks and its officials around the world are illegal people as well. As it goes by, it will create standard and seive those that are fraudulent. Pls it’s really not an excuse to reduce the operations of bitcoin.
It is matter of sorrow that Bitcoin is used for doing many illegal work in the world.It is used to sell drugs,hire shooter, hacker and so on.Those are the bad impact for Bitcoin.Really, Bitcoin is used for doing illegal activities
I also listen the same that in many counties around the world bitcoin is being used for illegal activities and because of this the counties are again bitcoin and cryptocurrencies because they don't want their counties to do illegal activities like this.
Of course, if fraudsters have an opportunity to be able to withdraw money in the world where drug dealers are smugglers' weapon sellers, like Bitcoin, if you have the possibility to withdraw money in the minute you want, you can of course use it but it is almost impossible to get ahead of it because you can send money everywhere and ask for as much money as you want.
peoples use all currencies even paper money in illegal activities, why we blame only bitcoin.I thing bitcoin user should avoid illegal using of bitcoin for it's long lasting.
I think, bitcoin can be used for anything even can be used for something illegal because the government will not know the use of bitcoin and they can not trace it, that's the reason why there are some countries that prohibit bitcoin
Jump to: