Criminality and Bitcoin - page 16. | Bitcointalksearch.org

shoreno

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Quote from: nandamo on March 05, 2018, 09:10:08 AM

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.

Let say BTC played a role in criminality but is it the only reason or factor why it's getting worse? Lets remove BTC on the picture, does UK metropolitan Police doing their job properly? If the population is growing the crime rate also grow. I think instead of looking at the bad side of the picture (cryptocurrency) look at the brighter side of it.

crimes and illegal activities will always be there because they are part of the of chain. Not only in crypto or digital world but also in real life , we cant totally stop them all but we can rather minimize the risk of having them by being aware and to be more cautious whatver we do. besides police and cyber crime unit will always do their duty in order to stop these badass from spreading on the web.

btc78

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Eloncoin.org - Mars, here we come!

Quote from: Sniper44 on May 24, 2017, 12:17:59 AM

i doubt it.
criminal activities were happening even before bitcoin. for example the ransomware that everyone is talking about these days have been around a very long time before bitcoin was created!

and besides since bitcoin doesn't offer real anonymity it can not really help the criminals as much as things like hard cash helps them.

maybe in some point OP is right ,he had mentioned that criminalities increase with the presence of bitcoin,since the anonymity of this coins are indeed to unmasked those criminals using this coin..but your right mate when you said that criminal activities ate there even the bitcoin has been created so maybe its the advantage and dis advante of this coin is the issue here,and let the cat catch the rat in due time

popoyuyun

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It will happen, that was and will be in the future. People want a better life and some of them could do anything to change their life for the better. So they're making scams and steal goods.

nandamo

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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.

Let say BTC played a role in criminality but is it the only reason or factor why it's getting worse? Lets remove BTC on the picture, does UK metropolitan Police doing their job properly? If the population is growing the crime rate also grow. I think instead of looking at the bad side of the picture (cryptocurrency) look at the brighter side of it.

Crash21

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It's obvious that criminals will try use currency that can't be tracked by government and police. Bitcoin is good for it and also expencive but it doesn't matter for default users i think.

verasity

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Verasity is a Protocol and Product Layer Platform

It always makes me smile when people talk about the "massive amount" of criminal activity happening on crypto. Just compare it to the criminal activity and money laundering happening on FIAT currency around the world every day.

Goodday

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If for me criminality and bitcoin are always concerned when I think if there is no connection if only to fund another currency could be most people become negative thinking about bitcoin.

always1337

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People are saying about Bitcoin is crime or related to crinimals but actually they're just using the anonymous feature of Bitcoin to do it , not cause of Bitcoin at all so it's wrong when you're saying bitcoin is crime.

ostrovagaly

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Yes, there is a lot of criminal activity in the crypto currency, and that's why you need to protect yourself from criminals with good protection

Seeker#9

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There are many reports recently that cryptocurrency like bitcoin is being used in many illegal activities like money laundering, drug trafficking, and in funding a terror group. These activities are mostly done in the so called dark web where online activities are hard to monitor. This is also one of the reasons why many governments are planning to impose regulations in cryptocurrency exchanges to monitor and control the movements of bitcoin transacions.

Sacred Fires

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One of Bitcoin's most helpful highlights is that clients don't have to reveal individual data when managing and that is useful for some, individuals including offenders. They will exploit Bitcoin revenue driven, wrongdoing. Furthermore, the most grounded confirm is that the quantity of Bitcoin clients increments, and the quantity of offenders increments.

dado7

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Everybody is talking about Bitcoin's use in criminal activities, but don't you think that Monero is actually the one that will be used more in the long term (since it's main advantage is anonymity).

In any case, you cannot prevent that, up to now it was a dollar, now Bitcoin, it is not like Bitcoin is contributing to the increase of criminal activities in any way.

deklitt

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Indeed, so far there are people who use bitcoin for various criminal activities by utilizing the bitcoin decentralization feature, so the government always takes into account the legality of bitcoin, but we know not all bitcoin activity for criminal purposes.
in fact there are many useful bitcoin activities so bitcoin can be a source of income for some people who have the skills and knowledge in bitcoin.

Saodesu

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Well in the event that you think altogether, Bitcoin increases guiltiness since hoodlums could utilize bitcoins to do unlawful installments and in addition putting away their cash. This case apply to corruptors where they can purchase bitcoins, purchase another altcoin and blend them.

phewinteristi

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everyday in the world criminal activities always there. abusing the use of bitcoin become a possible thing because with bitcoin, it is more easy to do some transactions to buy something without knowing who you are and where you are. for example some people who use money as payment to drugs, gun smuggling etc. However, not every criminal in this world are into this kind of technology, and not every people who use bitcoin committing criminal activity.

Colmegs

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On the off chance that there's a voracity on cash guiltiness can happen. It is available wherever on account of the voracity of the general population for cash. They are not satisfied on the cash they have or they need a pain free income however would prefer not to endeavor to gain it. Bitcoin can be earned by buckling down however in the event that you have a higher rank it can be considerably less demanding than the fledglings yet guiltiness still exist on this due to their avarice.

Bitompel

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Bitcoin is an open source where dominant part of the people devotees of bitcoin knows this things. In any case, it doesn't mean we should be panic of it, obviously not! Bitcoin can be use for unlawful exercises if the client are one of the abusers. In any case, if not, frequently bitcoin being use to help other people not to hurt anybody. Also, I never heard that bitcoin being use in culpability as far back as I began here, I don't know in the other nation if that happen

Aliya Taj

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Well the fact that outlaws use BTC as a form of payment or funding of criminal activities doesn't make BTC directly responsible for the increase in crime. Before BTC, they found a way of carrying out their activities and without it they will still find other ways.A medium cant be blamed for serving its purpose, the users should.

neymarjunior50

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I think, There is no direct relationship between bitcoin and the Criminality.

chocomartin

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While I do believe that bitcoin, because of its decentralized nature, is convenient to use in illegal transactions online and is somehow giving "bad guys" an easier way to go about their business. Upon reading the article, I don't think that bitcoin is to blame when it comes to hackers. Hackers have been around even before bitcoin and will still be around long after. My point is that there will always be people with malicious intent regardless of motivation.

Topic: Criminality and Bitcoin - page 16. (Read 31307 times)