Topic: Could bitcoin prevent crime? - page 3. (Read 9664 times)
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.
I think it is actually preferred by the people involved in these kind of things to prefer exactly BTC for their use,it's not like they would prefer cash and they can be traced,so I don't think BTC is a good example of a prevention,it's rather an encouragement
all depends on the people who use. people who had evil nature must always take advantage of everything that exists. bitcoin basically created as digital currency to help finance our activities. good people using bitcoin for positive activities. while bad people using bitcoin to a criminal act. 
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. 
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.
I believe it is the other way around. Bitcoin is not really designed to prevent the occurrence of any type of crime per se nor should it encourage anybody to commit the same. However, the concern is that due to its seeming anonymity it can be used by criminals to launder money. But to be fair to Bitcoin, any form of money can be utilized by criminals so singling out Bitcoin may not be that all right.
I think it is actually preferred by the people involved in these kind of things to prefer exactly BTC for their use,it's not like they would prefer cash and they can be traced,so I don't think BTC is a good example of a prevention,it's rather an encouragement
I don't see any possibility bitcoins could ever protect anyone from crime or prevent it because just like fiat, it is also being used as a mode of money laundering as well as terrorism activities which is shaping a bad image in the views of newer investors that are coming in daily, and most of them get out of this with some profits as this currency has no hold as well as impossible to know how the funds are being moved by whom... Sometimes, this advantage becomes a disadvantage for us too...
Bitcoin preventing crime i think will be possible.But much risk still just like youre paying a real money for something.Bitcoin i think is anonymous enough to identify if it is used for bad or not.They are invulnerable of traces in making illegal transactions so they can freely make a purchase of illegal things like drugs,prostitution and many other
A big no. Some of bitcoin transactions are being used in illegal activities only the officials of the government can prevent crime. I've seen in deepweb that you can hire a hitman using your bitcoins
bitcoin government precisely in order to bring disaster in addition to facilitate criminals to launder their money and many criminals will take advantage of anonymous bitcoin for selling drugs, etc
That's not a big problem now because in reality bitcoin is not really that anonymous as you think, blockchain is very transparent and the government has the power to verify transactions and that is their job to prevent illegal activities regardless of the means. Bitcoin cannot prevent crime but it is widely used making crimes and only the government can prevent the crime despite bitcoin is decentralized by nature. 
bitcoin government precisely in order to bring disaster in addition to facilitate criminals to launder their money and many criminals will take advantage of anonymous bitcoin for selling drugs, etc
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!)
Has invention of guns prevented crime or deterr criminals? 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!)
Bitcoin can not prevent crimes on its own.It is neither an objective of bitcoin.
Bitcoin is a currency and it can be used for good or bad purposes alike.
It will be the home of criminals! 
Crime is created by human bitcoin cannot prevent that. It will always be the user who will be responsible for his actions and not the thing that he used.
Now there are a lot of illegal transactions that is done under the use of bitcoin because they know they can hide with it. Imagine this knowledge being passed to new users. It will be a chaos.
True,bitcoin could really be used more on crime because of its anonymity features and you are right there are people who will use it to commit crime since they know they could able to make money and cant be traced if they do something illegal. This is the disadvantage of bitcoin does depend on users aims on how to use it. Crime is created by human bitcoin cannot prevent that. It will always be the user who will be responsible for his actions and not the thing that he used.
Now there are a lot of illegal transactions that is done under the use of bitcoin because they know they can hide with it. Imagine this knowledge being passed to new users. It will be a chaos.
It will be the home of criminals!
Crime is created by human bitcoin cannot prevent that. It will always be the user who will be responsible for his actions and not the thing that he used.
Now there are a lot of illegal transactions that is done under the use of bitcoin because they know they can hide with it. Imagine this knowledge being passed to new users. It will be a chaos.
Crime is created by human bitcoin cannot prevent that. It will always be the user who will be responsible for his actions and not the thing that he used.
Now there are a lot of illegal transactions that is done under the use of bitcoin because they know they can hide with it. Imagine this knowledge being passed to new users. It will be a chaos.
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!)
That is not possible, bitcoin as we really all know was very open to anybody, which means whether good or bad person they can used bitcoin for good and bad also. Meaning in that case, we can see that it can't be happen even there is an escrow it will b useless.
Bitcoin cannot completely prevent or eradicate crime, but with the successful blockchain development in all investigation sector can make effective tracking and locking of the criminals in a very short time.
i don't think if bitcoin can prevent crime but otherwise bitcoin can be used to criminal activity
like money laundry buy some drugs or etc because bitcoin is anonymous the government can't track it easily
like money laundry buy some drugs or etc because bitcoin is anonymous the government can't track it easily
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!)
No it can't never help to prevent any crime via bitcoin. Though bitcoin was an open source, and can be use for any illegal or legal activities. this could be the reason of some other country of why bitcoin is not welcome to their place.
For me it would help prevent crime because of the ability of bitcoin users to be anonymous, and digital currency is not that visible to human eyes unlike when you're holding a fiat currency cash bicoin has more advantages. Btc cannot be stolen directly from your direct position, which you compared from fiat currency cash it can be easily stolen like crimes of money roberry or crime related on hold ups.
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!)
I don't think bitcoin can prevent crime, it is because if bitcoin can be use for legal and illegal activities transaction there's now way to resolve any crime situation. Unless if all bitcoin users are gonna use bitcoin for legal or good purposes only, perhaps that's possible.
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