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Topic: Could bitcoin prevent crime? (Read 9664 times)

legendary
Activity: 3038
Merit: 1169
March 13, 2017, 07:16:28 AM
Its all about the mindset of people who uses bitcoin. If only bitcoin will be used in a positive way. Since bitcoin doesn't need personal meet ups or face to face transactions, it will indeed help to lessen the rate of theft. Especially in the for of cash transactions.

of course not all transaction are positive and not all users gonna use bitcoin in a positive ways there are always ups and downs even in the most perfect system there is, there will always be a human error, and in my opinion bitcoin would not count as a theft lessen transaction because even escrows would do such crime!
sr. member
Activity: 406
Merit: 250
https://gexcrypto.io
March 13, 2017, 06:42:56 AM
Its all about the mindset of people who uses bitcoin. If only bitcoin will be used in a positive way. Since bitcoin doesn't need personal meet ups or face to face transactions, it will indeed help to lessen the rate of theft. Especially in the for of cash transactions.
hero member
Activity: 686
Merit: 500
March 13, 2017, 05:46:32 AM
Bitcoin willnot prevent crime.It has nothing to do with it.If you say about the money sent from one person to other via blockchain transaction and hence it cannot be stolen.Then, what would you say if the bitcoin account was hacked with stolen password and all the savings in the wallet gone?
legendary
Activity: 1512
Merit: 1041
March 13, 2017, 03:07:31 AM
Could bitcoin prevent crime?
Bitcoins can prevent crime if they are being used in the right way while if you see right now most of the guys are using it for storing black money and some people for criminal activities. I think if everyone starts using bitcoins then it would be awesome and kill crime as no one can then rob you on roads and a positive impact at the very least !
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
March 12, 2017, 01:55:28 PM
Bitcoin can't prevent crime because we already witnessed it can't. One of the factors why bitcoin can't prevent crime because it is anonymous and people like scammers can take advantage of that feature and scam other people without worrying about his/her personal information. In my opinion, there is no currency that can prevent crime even though it is bitcoin or fiat.
sr. member
Activity: 308
Merit: 250
March 12, 2017, 01:38:59 PM
i think its not because bitcoin that can prevent crime but the human that can prevent crime. bitcoin is only a tools that could help people to prevent or to help people. but what kind of crime that bitcoin could prevent? i am curious about this and i wonder what crime. bitcoin itself is like two side, positive and negative, and only us that can know about good and bad.
in fact bitcoin is a currency just like other fiat currency and it can be used as tool for good or bad activities by the people, just like other currencies that are using for difference activities. my personal view is that i do not think that bitcoin will be use for criminal activities i do not think that it will be so much effective in controlling criminal activities.
I think we can just use bitcoin for many purposes because bitcoin is anonymous and we have a freedom to use it anywhere..
Bitcoin is not only use for criminal purposes if you are member of perfect money  they are some same feature. that can be also use for illegal activity..
I hope that they can realize that they are wasting time since the price of bitcoin is increase slowly..
And more crimes will happens in bitcoin because they are still anonymous.

I don't think so, I agree that there were some illegal and criminal activities carried out and the culprits were paid in bitcoins in the past but it's not bitcoin which increases the crime rate it's the sick mind of people they might use bitcoin today for illegal activities but it will be just a temporary median for them as they might find a new way of carrying on illegal activities without bitcoin so bitcoin is not directly proportional to the crimes.
hero member
Activity: 1484
Merit: 624
Maintain Social Distance, Stay safe.
March 12, 2017, 01:32:07 PM
i think its not because bitcoin that can prevent crime but the human that can prevent crime. bitcoin is only a tools that could help people to prevent or to help people. but what kind of crime that bitcoin could prevent? i am curious about this and i wonder what crime. bitcoin itself is like two side, positive and negative, and only us that can know about good and bad.
in fact bitcoin is a currency just like other fiat currency and it can be used as tool for good or bad activities by the people, just like other currencies that are using for difference activities. my personal view is that i do not think that bitcoin will be use for criminal activities i do not think that it will be so much effective in controlling criminal activities.
I think we can just use bitcoin for many purposes because bitcoin is anonymous and we have a freedom to use it anywhere..
Bitcoin is not only use for criminal purposes if you are member of perfect money  they are some same feature. that can be also use for illegal activity..
I hope that they can realize that they are wasting time since the price of bitcoin is increase slowly..
And more crimes will happens in bitcoin because they are still anonymous.
legendary
Activity: 1120
Merit: 1000
March 12, 2017, 01:19:32 PM
i think its not because bitcoin that can prevent crime but the human that can prevent crime. bitcoin is only a tools that could help people to prevent or to help people. but what kind of crime that bitcoin could prevent? i am curious about this and i wonder what crime. bitcoin itself is like two side, positive and negative, and only us that can know about good and bad.
in fact bitcoin is a currency just like other fiat currency and it can be used as tool for good or bad activities by the people, just like other currencies that are using for difference activities. my personal view is that i do not think that bitcoin will be use for criminal activities i do not think that it will be so much effective in controlling criminal activities.
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
March 12, 2017, 11:21:59 AM
I think personally Bitcoin can help alleviate the corruption in bad governance and big companies. As the blockchain is a edger of transactions, accounting can be done on the blockchain in all public service departments so no corruption can be done through public funding and government funds.
legendary
Activity: 3374
Merit: 1824
March 12, 2017, 11:14:36 AM
I don't think so, really.
In fact, I feel that bitcoin is perfect tool for criminals.
They can, for example, buy drugs in the dark web and sell to others without to big risk because they don't need to prove (or show) identity in the bitcoin network.
For police is very difficult to find such criminals.
Recently, I heard such news in our country.
Police explained how criminals used bitcoin and dark web in order to do buy and sell drugs.
Because of such news, connected with bitcoin, some people don't like bitcoin and avoiding us.



full member
Activity: 150
Merit: 100
March 12, 2017, 11:02:09 AM
Yeah bitcoin via online help stop many crime as can see it today. As we are join our head thinking and working everyday it prevent many to out over there to do other things that does not good. So for me i think  bitcoin have done a lot of good for many of us.
legendary
Activity: 3542
Merit: 1352
March 12, 2017, 11:01:32 AM
It cannot and will not prevent crime in any way because in the first place. it became one of the safe havens of criminals due to the fact that you would be nearly anonymous and untraceable when using the said currency. And to begin with, bitcoin carries value so why would it prevent crimes when it is also one of the roots in the first place?
hero member
Activity: 2632
Merit: 833
March 12, 2017, 10:45:59 AM
It cannot prevent crime. On the contrary, they can use bitcoin in illegal activities because it is pseudo-anonymous. However, if criminals think that they can it, they will be wrong because it can still be trace where the bitcoin comes and where it will go. Or maybe the criminals will be one step ahead of those local exchanges, maybe they will used fake documents, similar to opening a fake bank accounts and the money will just flow in there and the criminals will just withdraw it.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
March 12, 2017, 10:41:23 AM
i think its not because bitcoin that can prevent crime but the human that can prevent crime. bitcoin is only a tools that could help people to prevent or to help people. but what kind of crime that bitcoin could prevent? i am curious about this and i wonder what crime. bitcoin itself is like two side, positive and negative, and only us that can know about good and bad.
newbie
Activity: 10
Merit: 0
March 12, 2017, 10:21:29 AM
as 2 factor authentication codes and API keys exits..bitcoin can prevent the crime
legendary
Activity: 1372
Merit: 1005
March 12, 2017, 10:14:02 AM
In my opinion, I think bitcoin and crime has no relations. So bitcoin cannot help preventing the crime.
Bitcoin's just the currency, like others currencies. You know that, people still use USD but we still catch the high rating crime in every country. And with the bitcoin, we have many types of scams,... and cybercrime.
Btw, if you know the way to stay away from trouble, stay secured, you will be safe in the internet. Good luck Wink


Nope you are wrong. Just take bitcoin address is been legal in your country and your government budget ledger under one btc address. In this case bitcoin will save us from this corrupted politicians. If the amount from one to another we can easily identify it then responsible minister should answer for it. This is main reason still any government staying away the bitcoins. It will secure our taxes from these corrupted politicians and officers.
newbie
Activity: 21
Merit: 0
March 12, 2017, 09:57:50 AM
In my opinion, I think bitcoin and crime has no relations. So bitcoin cannot help preventing the crime.
Bitcoin's just the currency, like others currencies. You know that, people still use USD but we still catch the high rating crime in every country. And with the bitcoin, we have many types of scams,... and cybercrime.
Btw, if you know the way to stay away from trouble, stay secured, you will be safe in the internet. Good luck Wink
legendary
Activity: 2170
Merit: 1427
March 12, 2017, 07:53:04 AM
Bitcoin cannot prevent crime. Actually, it is one of the things that a criminal uses. According to what I've read in the past, bitcoin is widely use in the Deeo Web because many illegal activities were done and the mode of payment is via bitcoin. One of the characteristics of bitcoin is that you can use it anonymously. The criminals' identity can be hidden when using bitcoin as a mode of payment in their illegal activities.

The way you put it here, it seems that instead of blaming the people that abuse Bitcoin for whatever shady purposes, it's Bitcoin that is receiving your part of the blame. It doesn't work like that. Bitcoin is nothing more than a tool, where people are reponsible for how they make use of Bitcoin as tool. There is a general saying; Blame the people and not the tool.

Other than that, people often take the 'anonymity' aspect of Bitcoin a bit too serious. There are dumb people just buying Bitcoin from whatever exchange they are fully verified at, where after that they spend these coins to buy drugs or whatever other illegal goods. From the moment the coins are withdrawn from the said exchange, the exchange in question can follow every single step you set. You can be easily linked to the purchase of illegal goods, where in some cases the exchange can even play all this precious information to the government in case they are forced to do so. In order to avoid all these problems, you should run your coins through a mixer.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
March 12, 2017, 07:52:54 AM
I assert that bitcoin can not prevent crime, that's for sure, and vice versa, I think they will take advantage of bitcoin to do more offenses, because bitcoin is not legal and Not managed, not subject to any taxes, so it will be used as a tool for money laundering, bribery and other implicit transactions, we can do nothing and can not check. Control that. Right now, perhaps a series of transactions like that happen, and criminals are taking advantage of bitcoin to work
This is in fact the reality on bitcoin world and you are right its not regulated,cant be traced,cant be imposed tax and inable to control then for sure this is the best feature on most criminals would really use and make it as an advantage to commit crime.We cant do anything about it but accept the reality on how bitcoin can be used.
newbie
Activity: 33
Merit: 0
March 12, 2017, 07:51:02 AM
Could bitcoin prevent crime?

I believe Bitcoin transactions via online wallets could prevent crime. People are going to use Bitcoin for legal and illegal transactions, however criminal transactions are susceptible to crime as cash is used for the transaction...which encourages theft. If bitcoin were used for these shady transactions, perhaps with escrow, there would be no opportunity to steal currency - couldn't this prevent crime? (Aside from the original criminal transaction of course!)
No, i think cause btc has a faceless transaction and no one knows who is the one who is paying and who is accepting so there is a chance that people can use btc for wrong purposes as well because people think of every for doing their work and complete it no matter what.
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