Topic: Could bitcoin prevent crime? - page 2. (Read 9664 times)
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
Sorry, let me rephrase - not prevent crime exactly, but prevent violence during criminal transactions.
In a criminal transaction Escrow would be the safest option because if the escrow jets with the money he'll have two criminals after him, not just one!
In a criminal transaction Escrow would be the safest option because if the escrow jets with the money he'll have two criminals after him, not just one!
This just change the topic by giving the details of what are you pointing at, but a lot of users was just commenting on your starting post I think you need to edit that, because I really think that bitcoin can be use by anyone and it can be use by an ordinary people and by the criminals but even if transactions are not physical you still will withdraw your bitcoin with fiat that is why there would still be some violence that can occur.
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.
I would say yes it can and its by looking at the good side of bitcoin by innocent users who just want to make decent income doing some basic functions and even rendering their services online and where distance is no longer a barrier. By offering these services means generating income which if gathered over a period of time could substitute for unemployment and in turn reduce the crime people would have delved into in the course of looking for money to meet basic needs.
According to OP, bitcoin could prevent crime if we use escrow, so no one will be screwing anyone in the deal. It nas nothing to do with real life unemployment and living of people. Instead OP is telling us that when we are in a deal, when we use bitcoin, it could prevent a crime.
Escrow could not prevent a dispute when the escrow starts to become biased, who knows, probably one of the two know the escrow and there is already a conspiracy.
I would say yes it can and its by looking at the good side of bitcoin by innocent users who just want to make decent income doing some basic functions and even rendering their services online and where distance is no longer a barrier. By offering these services means generating income which if gathered over a period of time could substitute for unemployment and in turn reduce the crime people would have delved into in the course of looking for money to meet basic needs.
The most hideous crime is that, goverments control our finances. Bitcoin succesfully prevents this crime 
Hahahah
but true, this can't be deny 
at least we cannot by control by them because bitcoin was decentralized, I think that's one of the powers of bitcoin can' t be control by the government or any private sector company. We keep and control our own bitcoin, but to prevent in real crime bitcoin can't do anything for that things due to its an open source. 
For me that is nonsense bitcoin is a currency not a some sort of police or citizens security
Why not ? I believe both bitcoin and blockchain technology could be used to for a transparent transaction system so that we could track where the money flows is occurring. But we need more advanced technologies for implementing it but there are many conceptual implementations are taking place worldwide for such a system.Wait and watch how blockchain technology will work for preventing crimes in very near future.
Are you sure, dude? bitcoin desirable because it can anonimous although it was not entirely because by the way the authorities can still track it.
Just imagine if bitcoin and blockchain implement such technologies, which certainly is closely connected with the police and the police are part of the government. So we are not directly make bitcoin is not decentralization, rigth? IMO, thank you
For me that is nonsense bitcoin is a currency not a some sort of police or citizens security
Why not ? I believe both bitcoin and blockchain technology could be used to for a transparent transaction system so that we could track where the money flows is occurring. But we need more advanced technologies for implementing it but there are many conceptual implementations are taking place worldwide for such a system.Wait and watch how blockchain technology will work for preventing crimes in very near future.
Are you sure, dude? bitcoin desirable because it can anonimous although it was not entirely because by the way the authorities can still track it.
Just imagine if bitcoin and blockchain implement such technologies, which certainly is closely connected with the police and the police are part of the government. So we are not directly make bitcoin is not decentralization, rigth? IMO, thank you
For me that is nonsense bitcoin is a currency not a some sort of police or citizens security
Why not ? I believe both bitcoin and blockchain technology could be used to for a transparent transaction system so that we could track where the money flows is occurring. But we need more advanced technologies for implementing it but there are many conceptual implementations are taking place worldwide for such a system.Wait and watch how blockchain technology will work for preventing crimes in very near future.
Are you sure, dude? bitcoin desirable because it can anonimous although it was not entirely because by the way the authorities can still track it.
Just imagine if bitcoin and blockchain implement such technologies, which certainly is closely connected with the police and the police are part of the government. So we are not directly make bitcoin is not decentralization, rigth? IMO, thank you
For me that is nonsense bitcoin is a currency not a some sort of police or citizens security
Why not ? I believe both bitcoin and blockchain technology could be used to for a transparent transaction system so that we could track where the money flows is occurring. But we need more advanced technologies for implementing it but there are many conceptual implementations are taking place worldwide for such a system.Wait and watch how blockchain technology will work for preventing crimes in very near future.
How can bitcoin exactly prevent a crime? This is not possible especially if bitcoin provides privacy feature(which is very high). Stop thinking about it. For me that is nonsense bitcoin is a currency not a some sort of police or citizens security
Through the usage it won't prevent crime, but the blockchain contracts management and other technology advancing. Crime investigation were much supported by the technical real time identification of the individual involved into the activities. 
How can bitcoin exactly prevent a crime? This is not possible especially if bitcoin provides privacy feature(which is very high). Stop thinking about it. For me that is nonsense bitcoin is a currency not a some sort of police or citizens security
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!)
You can see the bitcoin in two ways . 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!)
In one direction bitcoin is fully a open source where we can see every transactions which is making is everything clear without hide anything about the transaction payment in the bitcoin .
But opposite of this you can see that use of Bitcoin doesn't need any verification of documents . Most of the wallets directly available to use without any email/mobile number , the best example for this is mysellium wallet , where you don't need to give your any detail .
So it is only the way of thinking in the bitcoin to prove it bad and good .
For me the bitcoin is only that can kill criminal activities for illegal payment but it need some changes .
I think that the use of bitcoin in the form as it is now does not affect the level of crime in any way. Bitcoin is anonymous and nobody wants to change it. So, the criminal will be able to hide his identity
Think deeper, do you think this criminal will not cash out their bicoins to enjoy it? One can hide his identity with his transactions online but when it comes to the exchange sites, we are required to comply with the KYC and all information must be real before we can be approved and use their services. I don't know with other countries if their government is not strict now, but in my country we are required by our exchange site to comply with the basic requirements, it's like the same process as the bank does before approve your account application. Bitcoin can be used to hide crime transactions, and there is no way to know where the money camed from. Only exchanges able to see where the money comes, with their rules to trade and invest big ammounts, soo criminal has several tiny accounts and stay out of radar always, without the need to wash the money with a regular business anymore.
Yeah, probably many people don’t really know this but the amount of bitcoin is used in the black market for drugs guns and other illegal stuff, is more the amount of bitcoin used in the good way like investments and trading, and that gives a bad reputation for it and makes people think that it is something that is used by bad people only and we as a community who believe in bitcoin’s potential we need to change that.
I think that the use of bitcoin in the form as it is now does not affect the level of crime in any way. Bitcoin is anonymous and nobody wants to change it. So, the criminal will be able to hide his identity
It maybe permanently recorded but the problem is tracing who is the owner of such Bitcoin address. We all know as long as the transaction does not link the personal info of a person, it is really hard to track. One of the example is Satoshi Nakamoto. We are still guessing who he is until now.
If a person involved will use bitcoin address came from bitcoin exchange that needs an identity verification, chances to track that person is possible. If it will just look at the blockchain record then it will took a deep investigation and lots of time to make it successful and honestly odds are low that it will become a success.
Bitcoin can prevent crimes on some of the ways but also it can also be used to play an important role during a crime. That's how vulnerable bitcoin is because of it's non regulated status.
Basically transaction on the blockchain are publicly visible, and permanently stored on blockchain, you can discover where bitcoins are allocated and sent, so for this reason i might say that bitcoin could prevent crime, but there are many ways for people to increase it's anonimity in order to protect their privacy like use a new bitcoin address each time you receive a new payment and also use a mixing service, well it's not a secret anymore.
if all bitcoin transactions recorded, I think we can follow the footsteps of transactors, and can prevent crime. but, if bitcoin has been in the mix, we will be very difficult to trace. besides, it is very difficult to know the real identity of bitcoin. 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!)
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!)
At the first place we are knowledgeable that bitcoin is not designed to prevent crimes. Instead it is schemed for transactions to be ttansacted quickly and efficiently. Therefore theres no assurance that it can prevent crimes especially its anonymity that could possibly be used by illegal doings.
Basically transaction on the blockchain are publicly visible, and permanently stored on blockchain, you can discover where bitcoins are allocated and sent, so for this reason i might say that bitcoin could prevent crime, but there are many ways for people to increase it's anonimity in order to protect their privacy like use a new bitcoin address each time you receive a new payment and also use a mixing service, well it's not a secret anymore.
It maybe permanently recorded but the problem is tracing who is the owner of such Bitcoin address. We all know as long as the transaction does not link the personal info of a person, it is really hard to track. One of the example is Satoshi Nakamoto. We are still guessing who he is until now.
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