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Topic: Could bitcoin prevent crime? - page 7. (Read 9664 times)

hero member
Activity: 1302
Merit: 532
January 29, 2017, 07:42:23 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?
I am certainly not sure about what you are really thinking when you are writing this up ,you mentioned online wallets does that mean online wallet providers ,if it is the other way round then hope you have heard about hacking of bitcoin wallets and exchanges and hope you know that it is a crime where ever you do Tongue, so the fact of the matter is if some one intends to do a crime he will do it irrespective of the currency he is using .
hero member
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Student Coin
January 29, 2017, 07:37:11 AM
Just the opposite OP it facilitates crime.  Have you ever heard of Silk Road?
You mean the Silk Road, which appeared in the Golden Age, and served as a transport route across Eurasia?

   Nothing can prevent crime, that is sad truth. There is too many people who wish to earn a lot without hard work, they turn to criminal because there is high risk of losing freedom but profit is also high with minimal efforts.
   Bitcoin is just a currency, and bitcoin cant prevent people from using this currency for their needs, whether they are legal or illegal.
Those people who are doing crimes are not those who are seeking for to earn money without any hard work but these are people who do not have any job or work for to earn money to fulfill their needs and these people are convinced by some bad company to start crimes. So I think bitcoin can stop crimes because if a person will be unemployment then he will have a chance to earn some money from bitcoin.
Many situations happening to people who are indesperate of finding money just to sustain their needs have to do crime in order for them to find money.That is so rampant to those country who have lots of jobless people,the best solution is that their must be job for everyone.If someone who is oriented and know how to earn bitcoin and if that person previously indesperate need of money then there's the possibility that his interest really matters on how to earn money in a good way then possibly bitcoin prevent crime.Because it is really interesting to earn bitcoin of someone who is seeking to have an income.
hero member
Activity: 798
Merit: 500
January 29, 2017, 07:14:48 AM
Just the opposite OP it facilitates crime.  Have you ever heard of Silk Road?
You mean the Silk Road, which appeared in the Golden Age, and served as a transport route across Eurasia?

   Nothing can prevent crime, that is sad truth. There is too many people who wish to earn a lot without hard work, they turn to criminal because there is high risk of losing freedom but profit is also high with minimal efforts.
   Bitcoin is just a currency, and bitcoin cant prevent people from using this currency for their needs, whether they are legal or illegal.
Those people who are doing crimes are not those who are seeking for to earn money without any hard work but these are people who do not have any job or work for to earn money to fulfill their needs and these people are convinced by some bad company to start crimes. So I think bitcoin can stop crimes because if a person will be unemployment then he will have a chance to earn some money from bitcoin.
hero member
Activity: 658
Merit: 500
January 29, 2017, 06:46:49 AM
Nothing can prevent crime, even some of those going after criminals are criminals, like the police that confisticate Bitcoin and stole some of it.

Bitcoin can facilitates crime, that is the negative side of it and that is why it is a darling of Dark markets and even some hackers
legendary
Activity: 1918
Merit: 1012
★Nitrogensports.eu★
January 29, 2017, 06:20:49 AM
Just the opposite OP it facilitates crime.  Have you ever heard of Silk Road?
You mean the Silk Road, which appeared in the Golden Age, and served as a transport route across Eurasia?

   Nothing can prevent crime, that is sad truth. There is too many people who wish to earn a lot without hard work, they turn to criminal because there is high risk of losing freedom but profit is also high with minimal efforts.
   Bitcoin is just a currency, and bitcoin cant prevent people from using this currency for their needs, whether they are legal or illegal.

If the risk of getting away is minimal and the penalties are high, criminals will think twice before committing crimes.
The question is will Bitcoin aid in that? I don't think so unless its adoption is universal.
hero member
Activity: 588
Merit: 500
January 29, 2017, 06:05:40 AM
Just the opposite OP it facilitates crime.  Have you ever heard of Silk Road?
You mean the Silk Road, which appeared in the Golden Age, and served as a transport route across Eurasia?

   Nothing can prevent crime, that is sad truth. There is too many people who wish to earn a lot without hard work, they turn to criminal because there is high risk of losing freedom but profit is also high with minimal efforts.
   Bitcoin is just a currency, and bitcoin cant prevent people from using this currency for their needs, whether they are legal or illegal.
full member
Activity: 168
Merit: 100
January 29, 2017, 04:12:56 AM
Just the opposite OP it facilitates crime.  Have you ever heard of Silk Road?
You mean the Silk Road, which appeared in the Golden Age, and served as a transport route across Eurasia?
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
January 29, 2017, 03:40:56 AM
 Just the opposite OP it facilitates crime.  Have you ever heard of Silk Road?
sr. member
Activity: 240
Merit: 250
January 29, 2017, 03:32:51 AM
Any interested persons who will seek only the negative aspects in the use of bitcoin and that all financial institutions of the world and the people who own them. So what about how to fight crime using bitcoin question is no longer relevant.
full member
Activity: 179
Merit: 100
January 29, 2017, 02:49:10 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!)
Here is an interesting question, and answer it more difficult, especially in view of the fact that many businesses manage to break the law and thus commit crimes using bitcoin. So, how to deal with small to reverse it out of the realm of fantasy.
hero member
Activity: 770
Merit: 500
January 29, 2017, 02:46:35 AM
Bitcoin can prevent crime but not much if we see how many transactions is linked to criminals and illegal buying. I think that the biggest problem is that a lot of criminals is using bitcoin for illegal trade.
It's a fact that bitcoin is being used in many illegal things like buying drugs, weapons, etc. without being recognised but I don't see why bitcoin can prevent crime. I think that you missed a "not" or something because it's clear that the number of people using bitcoin in illicit stuff is still high and there is no way of stopping it. And it makes no sense just for a currency to stop crime once and for all.
hero member
Activity: 615
Merit: 500
January 29, 2017, 01:27:05 AM
No, bitcoin can not prevent crime because bitcoins can be used for good and bad everything
depend on users bitcoins what will do with bitcoins,
bitcoin is same with other money although bitcoin can be tracked via wallets and the peoples can see it
but bitcoin is more like new technology for save value than prevent crime.

Yes I almost agree with the comments above, Bitcoin will not be able to prevent crime on the Internet, while in the real world Bitcoin will be relatively safer because transactions.
If it's safe or not an issue, then it's back to the individual self, how strong you are to protect and prevent the crime itself.
hero member
Activity: 518
Merit: 500
January 29, 2017, 01:07:36 AM
No, bitcoin can not prevent crime because bitcoins can be used for good and bad everything
depend on users bitcoins what will do with bitcoins,
bitcoin is same with other money although bitcoin can be tracked via wallets and the peoples can see it
but bitcoin is more like new technology for save value than prevent crime.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
January 28, 2017, 11:20:54 PM
Could bitcoin prevent crime?

I don't see any possibilities that it could prevent crime. We have all the freedom to transact online, so we can do anything we want and that includes doing criminal activities.

It will not prevent crime but we can trace crimes.
copper member
Activity: 1330
Merit: 899
🖤😏
January 28, 2017, 09:47:04 PM
There is too much laughter in this thread's title, wtf do you think bitcoin is, a sheriff maybe? or did you think an experimental software could take the justice in it's hands? judge Dredd and stuff lol. now answer my question: Could bitcoin prevent global warming or maybe abortions while you are at it.

I also need a house and a car please tell bitcoins and friends to provide them for me Cheesy.
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
January 28, 2017, 09:42:15 PM
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 think yes , It can be possible to destroy the crime from bitcoin only . Because everyone making or doing their work only for money  .
When the bitcoin get accepted officially by every country then it will remain possible to the government to track every transactions clear and for what reason they are transfered .
Second one thing which is also a bug thing for the development of country and hence for world . The tax will be paid by everyone which no one can hide their money like real life practical cash .
newbie
Activity: 23
Merit: 0
January 28, 2017, 09:35:42 PM
Bitcoin can prevent crime but not much if we see how many transactions is linked to criminals and illegal buying. I think that the biggest problem is that a lot of criminals is using bitcoin for illegal trade.
sr. member
Activity: 322
Merit: 251
January 28, 2017, 09:14:18 PM
Naw ya dumb fool.  Lookit all the bitcoin crime that's goin' on jist on this forum!  You ain't never seen such a collection of scammers as ya seen here.  I ain't read anythin' in this here thread thet would convince me thet bitcoin is a McGruff tha crime dog crime buster.  It jist ain't so.
legendary
Activity: 1414
Merit: 1001
January 28, 2017, 09:14:03 PM
I think with bitcoin opportunities may occur more comprehensive crime. for example, is like money laundring and also transactions of illegal goods on the internet. This was one of the weaknesses of the current bitcoin. the absence of appropriate regulations causing bitcoin can be used for various activities.
hero member
Activity: 2954
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January 28, 2017, 09:07:24 PM
I think bitcoin can't prevent crime cause Satoshi Nakamoto create it for the anonymity of all of its user,

So even if there are many bitcoin user that use's it for bad things we can't even know who they really are.

It is not thing for to start bad things if a person will say that bitcoin will be used for crimes then he will be at wrong because every user of bitcoin is teaching to others in the way that other only know that it is another type of currency. None of the user promote it with bad words. In my country most of the criminals are uneducated so for them it is impossible to adopt bitcoin but only nice and well educated people are adopting it for their benefits and for the benefits of their country.
yes you were right mate. just because you were told that one of bitcoin's advantage is the anonimity, that doesnt mean you were about to use it directly for bad or illegal stuffs. people must be educatedby the concept of bitcoin so that people will adopt it and use it for their benefit and not use it for doing crimes.
Smart people does not mean they have to make good things, there are smart people who uses bitcoin just to make their illegal activities untraceable. Bitcoin is freedom, that's why some people abuse the freedom they have and they do such illegal things, it's not our control anymore, we just have to do what we think is right.
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