Not all criminal activities can be spread with Bitcoin. But we can agree with the use of Bitcoin, those who become ransom have increased their chances of not blowing them up. The same thing was said about the internet and now people use the internet more for legal business than crime. All technology has a "dark" side.
Those who use money as drugs, addictive, can use Bitcoin to keep it and not. However, nothing can be used for this, keep in mind that there is more time bigger and smaller for cash and virtual currency.
Topic: Criminality and Bitcoin - page 11. (Read 31307 times)
Every currency instrument has its gaps, the currency management is excellent, we need to control the trading floor, force the user to verify his identity, the account with the deposit flow Too big to be strictly controlled.
Bitcoin has advantage and disadvantage, all of them depend on each user. I think because of bitcoin transaction can't be track, so it will give way for criminality works.
The relationship between criminality and bitcoin should be of advantage in the sense that bitcoin helps those underemployed and unemployed through giving additional income not of making criminality rate to the high extend. But if it is the case now, we should help bitcoin to surpassed the negativity effects by improving it's security feature.
Transactions on bitcoins can be said to be safe because it can not know the identity of its users. This is beneficial to the criminal. So, bitcoin is used as payment in criminal activity. But it does not mean increasing the criminality. I think only transactions are turned into using bitcoins.
I think that bitcoin affect on criminality but mostly in cyber-criminals ..Mafia's ..Dark web..
A lot of people talking about criminality involved in BTC,
but it's wrong to think in that way.
Bitcoin changed tendencies, but everyone uses it in their own responsibility and way.
The same with Fiat money, it circulating not only in clean hands.
but it's wrong to think in that way.
Bitcoin changed tendencies, but everyone uses it in their own responsibility and way.
The same with Fiat money, it circulating not only in clean hands.
I also once read a news about the use of the blockchain as a medium of financing of terrorism. They choose the blockchain, because the blockchain can not be controlled by the government.
I think they're using the anonymous feature of Bitcoin to make some transactions that supports those terrorism but that problem isn't clear yet, maybe yes but maybe no it's not true. Noone can confirm that fact unless the insiders.
I also once read a news about the use of the blockchain as a medium of financing of terrorism. They choose the blockchain, because the blockchain can not be controlled by the government.
This is just an excuse governments use to ban cryptos. Maybe Bitcoin transactions are untrassable and criminal uses it to pay for their crimes but thats not Bitcoin problem. Ask your self: how criminals managed their activities before the shown of Bitcoin?
Should we stop using bitcoin just because some people use it to do bad things?
Should we stop using bitcoin just because some people use it to do bad things?
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.
Yes, there are a lot of criminals using bitcoin as money for crime. This will increase the probability that the police will solve the case. Some governments don't accept bitcoin. But I think very little bitcoin is used for crime. 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.
yeah many people are using it, and many people are different from each other
i want to doubt about it but we know about dark weeb transaction, there just a few unwisely people doing some transaction for illegal stuff
but bitcoin can do more, we are the people must use it wisely with this kind of technolgy
i want to doubt about it but we know about dark weeb transaction, there just a few unwisely people doing some transaction for illegal stuff
but bitcoin can do more, we are the people must use it wisely with this kind of technolgy
No, I do not think that bitcoin contributed to the increase in crime. Criminals using fiat money too but nobody cares about it.
Bitcoin is a freely currency that anyone can invest and use so even the criminals can use it freely. Bitcoin can use on illegal businesses and other stuffs. It depends on how the people will use bitcoin. Bitcoin is just like an innocent kid.
Actually by using Bitcoin then some crime can be reduced, cash will continue to be the preferred medium for criminal activity as it is more difficult to trace. All Bitcoin transactions are recorded and publicly viewable. Only the identity of transactions that can not be seen but still can be obtained with little effort.
As i see this topic, i wonder what does criminals do to be involve in bitcoin. I think criminals using bitcoin isn't possible because bitcoin has its very own security, so how would that criminals can get into bitcoin? That ain't east just to think of.
The presence of bitcoin certainly gives freedom to anyone to use bitcoin, even for criminal activities and transactions, but I think this is not a bitcoin error but from people who use bitcoin.
I do not think that bitcoin has increased crime but has replaced the use of cash in certain criminal activities making them easier.
It will be more correct - did not replace, but expanded possibilities of receiving profit in the illegal way with a bigger level of anonymity.
I do not think that bitcoin has increased crime but has replaced the use of cash in certain criminal activities making them easier.
obviously not. No bitcoin increases its criminality is sure to happen, it also depends on the people who use bitcoin want to use with bad things or even the opposite
When police can't handle something they used to blame something and bitcoin is the best target. Criminals using fiat money too but nobody cares about it. 
Criminals use bitcoins for their bad intentions, which is a concern in the recent past, but I think there are just a few minor disadvantages that bitcoin brings to life just as if it were not with the bitcoin the criminals will also use other forms to perform their misconduct. Jump to: