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Topic: Could bitcoin prevent crime? - page 4. (Read 9664 times)

sr. member
Activity: 406
Merit: 250
March 05, 2017, 10:02:45 AM
Hats off to your way of thinking. Bitcoin is not a magic wand which will prevent crime. Bitcoin is being used for illegal transactions as well from a long time. Specially in money laundering industry bitcoin is a big hit! So it can't prevent crime in any way.

 
it all happened because of a mistake the culprit. they can not control the use of the money is right. as well as good a financial system there must be a crack / things that can be used by people who are not responsible.

I think money could not be blamed if used for ilegal thing. That is not the money dude, but users who are not responsible use it for crimes. I think it has become the authority of the authorities, let us leave it up to them. The most appropriate way to prevents the crime itself is to start from ourselves to not commit a crime. thank you
legendary
Activity: 1596
Merit: 1011
March 05, 2017, 09:39:43 AM
Hats off to your way of thinking. Bitcoin is not a magic wand which will prevent crime. Bitcoin is being used for illegal transactions as well from a long time. Specially in money laundering industry bitcoin is a big hit! So it can't prevent crime in any way.

 
it all happened because of a mistake the culprit. they can not control the use of the money is right. as well as good a financial system there must be a crack / things that can be used by people who are not responsible.
legendary
Activity: 3080
Merit: 1500
March 05, 2017, 09:08:32 AM
Hats off to your way of thinking. Bitcoin is not a magic wand which will prevent crime. Bitcoin is being used for illegal transactions as well from a long time. Specially in money laundering industry bitcoin is a big hit! So it can't prevent crime in any way.

 
legendary
Activity: 1372
Merit: 1008
March 05, 2017, 08:33:20 AM
This would be very hard. Unfortunately bitcoin is largely being used for illegal transactions and activities and therefore it got to the bad reputation. But everything could be misused and so the bitcoin too and honestly I can't see how bitcoin could be used to prevent crime.
we are not too hypocritical although we do not know what people does with their bitcoin, but I'm sure with the anonymous nature of bitcoin, This makes bitcoin used for illegal activities.. this certainly
hero member
Activity: 3052
Merit: 651
March 05, 2017, 07:53:19 AM
Actually in my opinion it is the other way around.
The bitcoin thing could actually lift up the crime. I am not giving a good opinion but it is the truth.
I have seen so much in the deep web and been offered a lot to sell my bitcoins to them.
This things should be avoided to prevent more crime.
It is just hard though. When they say they will double the price to how much you would sell them you could not just resist it easily.
hero member
Activity: 658
Merit: 505
March 05, 2017, 07:40:37 AM
This would be very hard. Unfortunately bitcoin is largely being used for illegal transactions and activities and therefore it got to the bad reputation. But everything could be misused and so the bitcoin too and honestly I can't see how bitcoin could be used to prevent crime.
hero member
Activity: 1400
Merit: 571
March 05, 2017, 07:24:50 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!)

You mean crimes here in bitcointalk forum like being scammed by someone? if it is, then yes, obviously with escrow, we are sure that we are not going to get scammed by someone, but if we are talking here about those crimes like buying drugs, guns, and using bitcoin in other illegal stuffs, then I'm afraid bitcoin can not prevent it just by itself.

That is why Government just pop in in this story, people use bitcoin in the wrong way, that is why the Government get rid of it. They banned bitcoin in those countries they know which are using bitcoin in illegal stuffs and for their own reasons that can affect they countrymen.
legendary
Activity: 2170
Merit: 1427
March 05, 2017, 07:24:39 AM
I think there is nothing to talk about any preventation here. Bitcoin can only support crime, because of through bitcoin may be provided many illigle transactions for who knows what kind of activity are going to be used.

Bitcoin can't prevent/support any form of crime. It's the people that happen to abuse whatever they can to accomplish their goals. I find it unfair that people and the media always easily point at Bitcoin when something negative happens. I don't really expect any different from the media with their anti Bitcoin campaign, but from a fellow Bitcoiner? Nope. Blame the people and not the tool!
copper member
Activity: 2940
Merit: 4101
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March 05, 2017, 07:24:14 AM
There is no way bitcoin to prevent crime. Criminals don't need bitcoin to commit crime either. On top of that regarding using crypto for criminal activities, there are far better and more smart to use than bitcoin, for exemple monero. Secondly, in case bitcoin could prevent crime they will  find others ways for theirs dirty act... They are always full of imagination
hero member
Activity: 2744
Merit: 541
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March 05, 2017, 06:54:37 AM
how is it possible for bitcoin to stop if it's even used by people to commit crime . it is the characteristic of bitcoin which is not so good although we can say that it is like the money we usually use and even though bitcoin would be safe for people who are going to conduct a criminal transaction still the illegal activity and crime is done .
hero member
Activity: 588
Merit: 500
March 05, 2017, 06:46:51 AM
I think there is nothing to talk about any preventation here. Bitcoin can only support crime, because of through bitcoin may be provided many illigle transactions for who knows what kind of activity are going to be used.
hero member
Activity: 1106
Merit: 501
March 05, 2017, 06:39:09 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!)

Bitcoin cant prevent crime, we use bitcoin for a transaction that is not needing to meet face to face, the problem is, it can be used or is usually being used for an illegal transaction, and it will be harder for the Police, NBI, etc. to track them because they used bitcoin for transaction.
legendary
Activity: 1596
Merit: 1011
March 05, 2017, 06:28:55 AM
I think bitcoin could make crime lesser but could not prevent it. Because there are still many crimes when it comes to trading of bitcoins. Like scamming, hacking, frauding, etc. Which all of those are cyber crimes.
in my opinion it can not be removed if there are still people who commit crimes. bitcoin not wrong, wrong is the use (people).
sr. member
Activity: 1666
Merit: 276
March 05, 2017, 06:24:49 AM
I think bitcoin could make crime lesser but could not prevent it. Because there are still many crimes when it comes to trading of bitcoins. Like scamming, hacking, frauding, etc. Which all of those are cyber crimes.
Bitcoin cannot completely prevent crime. It can be kept under control. In the mean while governments can make changes to eliminate crimes if bitcoin would be officially adopted as the main currency of the country.
member
Activity: 70
Merit: 10
March 05, 2017, 06:18:54 AM
I think bitcoin could make crime lesser but could not prevent it. Because there are still many crimes when it comes to trading of bitcoins. Like scamming, hacking, frauding, etc. Which all of those are cyber crimes.
hero member
Activity: 2590
Merit: 644
March 05, 2017, 06:00:24 AM
I don't think that bitcoin can prevent crime because bitcoin has anonymity feature which criminals can abused because if they do transaction using bitcoin then they can't be traced by the authorities so i think bitcoin cannot prevent crime because of its feature that been abused since then.
sr. member
Activity: 336
Merit: 250
March 05, 2017, 05:55:43 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!)

Well as for crime it won't stop Smiley and for the bitcoin it cannot prevent crime as criminals use bitcoin for crimes here in the internet like buying drugs and scamming also it depends on what should you spend on bitcoin people who do crimes they put a bad name to bitcoin >.< this is my opinion Cheesy
hero member
Activity: 2954
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March 05, 2017, 05:47:54 AM
bitcoin prevent crime? maybe ..
but in reality bitcoin instead being misused as a means of black market
It's not maybe, it's no. You don't even doubt about it. How can bitcoin prevent crime when it's just a payment system or currency as we call it?
The final say will always on the owner of bitcoin and if they decide to use it in illegal activities, that's always possible as the system is decentralized and no one will check prior to the actual transaction if it's for legitimate transaction or not.

In short, it's systematic and automatic, and bitcoin has no brain to control transactions.
hero member
Activity: 1862
Merit: 574
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March 05, 2017, 05:16:24 AM
bitcoin prevent crime? maybe ..
but in reality bitcoin instead being misused as a means of black market
sr. member
Activity: 1638
Merit: 300
March 05, 2017, 03:22:21 AM
I think it must be, but its not. It is really hard to hack a wallet but there are lot of news about wallets that are being hacked. And I think there will be not only hacking but also murder in the future, it is a currency, people will kill for it.
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