Criminality and Bitcoin | Bitcointalksearch.org

muarip

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WATANABE

Quote from: demonz666 on April 14, 2018, 06:39:44 AM

I do not think there is anything to do between crime and bitcoin. if there is a crime committed with bitcoin it's a person's fault instead of bitcoin. Anonymous bitcoins are often associated with crime. then to avoid such news we should use our official identity in bitcoin transactions.

That's true because Bitcoin is not a mistake for everyone because it's all in yourself to use Bitcoin with something better.

LigwagGanern

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Quote from: Xester on May 24, 2017, 12:11:25 AM

https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/

Would you believe that the existence of bitcoin has increased the number of criminality in some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities.

This just shows that as bitcoin develops both advantages and disadvantages will tag along.

Bitcoin can use in criminality because I read in a newspaper that kidnappers kidnapped a kid and their ransom is they want to have a bitcoin. So that the family of that kid give the kidnappers a bitcoin to take their son from the bad people. Like what I said earlier bitcoin can use in criminality but not all criminality use bitcoin.

act now

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The main thing is not to tell anyone that you have bitcoins or other cryptocurrency. There are a number of both frauds and real robberies in this area.

george888055

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Just as bitcoin has increased in value and popularity, so has the attention given to the digital currency by law enforcement agencies, making it a less attractive method of payment in the criminal world.

Colt81

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Quote from: Xester on May 24, 2017, 12:11:25 AM

https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/

Would you believe that the existence of bitcoin has increased the number of criminality in some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities.

This just shows that as bitcoin develops both advantages and disadvantages will tag along.

Well, Bitcoin is not just a bitcoin yes this a currency and asset to human now. It is a really big help for everyone cause we earn high profitable income. And the transaction are easily and fast. It is money and finance is always tied to all things, the good and the bad. It is the person that will determine what will he do to his money so let us not blame bitcoin for the crimes that has been reported.

pthnmj

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In fact, the popularity of bitcoin now has emerged criminality, and it happens to my country. Bad guys in my country kidnapped a kid and asked his parents to provide bitcoins as the ransom of their son. Besides criminals invest in bitcoin by using money they robbed from ATM (automatic teller machine). Thus, we need to be careful of keeping our bitcoins.

Jerzzz

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I think bitcoin really helps financially that's the good side of bitcoin but it can also have a negative impact because bitcoin access that can be said to be free it refers to the easy access of funding for terrorism activities.

load1ng

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Some of criminals are really taking advantage of using bitcoin for their illegal activities. I heard bitcoin is using in the dark web. Many governments would definitely take actions once these criminal activities financed by crypto currencies become rampant and banning them could be one of the options when push come to shove

charlemagne_15

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Quote from: Xester on May 24, 2017, 12:11:25 AM

https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/

Would you believe that the existence of bitcoin has increased the number of criminality in some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities.

This just shows that as bitcoin develops both advantages and disadvantages will tag along.

What you have stated above has a point. Although criminality is widespread even before the development of bitcoin, it is true that the existence of it increases the misdeed of people. As a matter of fact, some media flashes a news about bitcoin as a scam. It is maybe also use as a tool to do or done some cybercrimes like hacking someone's account or money.

barabarian1

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yes. bitcoin have advantages and disadvantages. and many people use both.
for normal people they prefer to choose take much profit as much as they can with good ways. for bad person they will take profit with bad ways like criminal and the other like that. and bitcoin is make much profit if use for criminal, because they dont know who is send the money

Odelkaleng

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Criminality is made about bitcoin. Such as cyber crime. Such as someone hacking your account with cyber crime and transfer your money to your account.

spiritguardcharles

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I believe it's a yes although people will get some benefits by using bitcoin as a new form or way of living still it has a lot of negative impact of it to the society such as many cases has been reported to the authorities involving bitcoin.Scamming is one of the existing illegal act involving bitcoin in their transactions in which affects the perspective of people towards bitcoin.The existence of illegal activities which involves bitcoin is happening everywhere,that's why we should always be aware and prepared

Zeeks

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Quote from: Hitesh Ohri on April 14, 2018, 07:15:28 AM

Bitcoin has become the currency of choice for cybercriminals. Its distinctive characteristics of decentralisation and pseudo-anonymity are also attractive to criminal actors in general, and yet Bitcoin has been assessed as representing only a low money laundering risk. In many respects, cryptocurrencies are still viewed as an unfamiliar, marginal phenomenon restricted to the purview of specialists.

When you know there is like 25 billion usd of cc fraud every year than yes of course fraud through btc will be small.

Tiger Junk

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Quote from: lunnatic on April 05, 2018, 04:45:35 AM

Criminals have been around all along, only a bitcoin is used as their transaction. Bitcoin does not cause criminal activity to continue to increase It's just that bitcoin can make it easier for them to transact without having to meet.

Well i agree with you that many criminals now is being smart and wise by using bitcoin for there transaction, and i am sure that right now many criminals now is engaging themselves with bitcoin, because bitcoin is the future and there identity is will not show with bitcoin.

Hitesh Ohri

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Bitcoin has become the currency of choice for cybercriminals. Its distinctive characteristics of decentralisation and pseudo-anonymity are also attractive to criminal actors in general, and yet Bitcoin has been assessed as representing only a low money laundering risk. In many respects, cryptocurrencies are still viewed as an unfamiliar, marginal phenomenon restricted to the purview of specialists.

redsap

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Harmony for One and All

i think criminalty have been exist before bitcoin itself made, they just using it as their currency
no matter what, we as the right people must use it wisely, we know every good invent have a shadow among it, we can denied that

Hippie Tech

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All cryptos are FIAT digital currency. Do not use.

BitFiat.. I mean coin.. is criminal.
http://sacramento.cbslocal.com/2018/03/21/bitcoin-blockchain-illegal-child-porn-study/

popoyuyun

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These are all attempts by the government to blame bitcoin. They have already started a smear campaign of bitcoin. In fact the government is stealing perfectly Fiat and in my eyes they are greater criminals than those who uses for illegal transactions bitcoin.

Stromspirit

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yes I believe it will have the opportunity of criminality that occurs, the more advanced technology and stronger in the criminality. only here bitcoin is developing for the security of one's transactions and ownership in bitcoin. bitcoin has a significant role in the world economy because of the ease of getting and having accessible wherever and whenever.
Therefore bitcoin and police experts are very aggressively doing security for the occurrence of things that are not in want that can harm many people.

demonz666

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I do not think there is anything to do between crime and bitcoin. if there is a crime committed with bitcoin it's a person's fault instead of bitcoin. Anonymous bitcoins are often associated with crime. then to avoid such news we should use our official identity in bitcoin transactions.

Topic: Criminality and Bitcoin (Read 31307 times)