Bitcoin transactions are psuedonymous, but not actually anonymous. Essentially, your account has a number instead of a name (which, as you probably know, is also how bank accounts work in Switzerland).
There’s not any way to stop a bitcoin transaction (unless everyone in the world with powerful computers teamed up and agreed). If you tried to wire money to a hitman, the bank would tell the government and the government would tell the bank not to hand over the money. With Bitcoin, you could send money to anyone and no one can stop it.
However, if the government figures out which numbers/wallets belong to you, they could still trace the evidence that it was you who sent (or received) the money. Everything can be traced! There are other cryptocurrencies that don’t have a public ledger, however.
Topic: Criminality and Bitcoin - page 17. (Read 31307 times)
I am not believe that the existence of bitcoin has increased the number of criminality in some countries in the world, its just the bulshit and it wrong. Bitcoin and criminality did not have the relationship between them, everything will be criminality if have the chance not at the bitcoin, how can the bitcoin will be in the part off criminality, how can it happen ? it just the wrong news to make bitcoin will negative effect for the people.
Bitcoin be the most popular cryptocurency tan the other coin because the bitcoin is the main all of altcoin, the altcoin price and value will depend on the bitcoin value. So why the bitcoin most popular then the other altcoin, and the other way why the botcoin most popular than the altcoin because the bitcoin have high price that the altcoin price, the compare off them so far and bitcoin have high value. So is the most make the bitcoin popular than the other.
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, it's easy to believe in things that bitcoin is used my criminals in some countries. Well, as you can see it is considered as money where you can use it for transactions worldwide. One thing that bitcoin can really be used for crime because it is really hard to track every transaction. Bitcoin already played a huge role in the individual because someone can really make a real progress in life but others can used it for crimes. However, I don't think we can avoid criminals by banning bitcoin. It's not an easy thing to do. 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, bitcoin maybe used for payment in their activities but not necessarily bitcoin is the root of the increase of criminality. Before bitcoin, there were already criminality that is happening in the world, it just upgraded for some uses bitcoin for their transactions.It can be their love for money, revenge, greed and many more. Crime has been on the society even when before came into existence.
Bitcoin is an extremely encouraging type of speculation. This is the thing that influences offenders to carry out hoodlums dibitcoin, some extremely incredible highlights in bitcoin is positively exceptionally gainful for everybody. Furthermore, this does not preclude the culprits of lawbreakers will exploit existing highlights in bitcoin to make exchanges for wrongdoings they conferred. The numerous types of criminalization of the presence of bitcoin absolutely should diwaspadi by bitcoin clients, for fear that we lose the activities of culprits who can hurt us.
There will always be connection bitcoin criminals and cryptocurrencies
Bitcoin, the Internet currency beloved by computer scientists, libertarians, and criminals, is no longer invulnerable. As recently as 3 years ago, it seemed that anyone could buy or sell anything with Bitcoin and never be tracked, let alone busted if they broke the law.
There will always be connection bitcoin criminals and cryptocurrencies
Bitcoin, the Internet currency beloved by computer scientists, libertarians, and criminals, is no longer invulnerable. As recently as 3 years ago, it seemed that anyone could buy or sell anything with Bitcoin and never be tracked, let alone busted if they broke the law.
Yeah, sometimes, but not all the time. This is the reason why some other people did not give their real identity when it comes like this, cause for sure they'll dead. In fact, there are some instances, that if they knew you personally and got envy on what you achieve in life probably, it will send you death. So, we've better to be quit.
Criminality often occur in every places. We could not stop it tho. So the only thing we can do is it become be very careful.
Criminality often occur in every places. We could not stop it tho. So the only thing we can do is it become be very careful.
I think not all lawbreakers dependably utilize exchanges to do with bitcoin and imagine a scenario in which somebody utilizes bitcoin on the grounds that the notoriety of financial extension in each state truly assists with that but then relies upon bitcoin clients will be utilized for wrongdoing or goodness. , Ideally Bitcoin advancement process so as not to be manhandled from the client, Smiley
Criminals use Bitcoin to collect ransom from the victim just like extortion scheme,but nowadays it was already well known to expertise and to government about this kind of cyber crime attack,Bitcoin helped fuel the rise of ransom ware attacks like the recent WannaCry cyberattack.
When we talk about crime involving the use of computer and internet, it is called cyber-crime. In the Philippines there is an existing law that punish these criminal act. However, since Bitcoin is not regulated by the government they cannot prosecute the act because it is not stated in the Revised Penal Code and there is no Special Laws defining prohibited acts in using Bitcoin. I believe that sooner or later the government will realized that there is a need to address regarding this matter. We cannot ignore the facts that criminals will used Bitcoin for their advantage but it is also our human nature to combat it and win in the end. I've mentioned some of these in one of my post.
Yes bitcoin can used to criminality because of anonymous account in bitcoin, they can fund and transfer bitcoin anytime anywhere in the world. I don't think how to regulate bitcoin to monitor criminal activities using bitcoin.
Very utilizing Bitcoin then some wrongdoing can be decreased, money will keep on being the favored medium for criminal movement as it is more hard to follow. All Bitcoin exchanges are recorded and freely visible. Just the character of exchanges that can not be seen but rather still can be acquired with little exertion.
There will always be connection bitcoin criminals and cryptocurrencies
Criminals can be retraced even with Bitcoin as long as they did not use private coins and darknet .. And governments just turn that to a massive problem to hide the positive side of Bitcoin.
Presumably. In view of the unknown of bitcoin they can utilize it to different reasons. Indeed, even that reason is awful and identified with guiltiness. It doesnt matter on them, yet the picture of bitcoin may be influenced individuals will just imagine that all the bitcoin originates from guiltiness amd individuals that are utilizing it is criminal.
Bitcoin is a money and if you have a bitcoin then it mean you have enough money. Now it depend on the user of bitcoin that how he want to used their money. If he want to used their money for criminality then its up to them.
There is no denying that bitcoin is used by anyone including for criminal transactions such as drugs, illegal weapons, money laundering and so on, this is because in just 10 minutes people can make wallets and can be used for bitcoin transactions.
Exactly..the fan part is no gonna ever know. And this is happening literally Bitcoin first used in criminality and dark net, and recently coming in mass.
After statements that btc not anonymous will created new full anonymous coins and btc went into the background
Everything is just the rumor about Bitcoin is not really anonymous, but the fact, the criminal used Monero and other anonymous altcoins more than Bitcoin for their crime.After statements that btc not anonymous will created new full anonymous coins and btc went into the background
Maybe, that rumor is true and the criminal know which coin is better than for their crime.
Can you stop or haunt him down if some one make a donation in AL-Qayeda. Can you stop the corrup govt system if he or she involved with money laundering?
Can you stop or trace down for making investment in buying arms which might have financed to make a terrorist attempt to your country or your brother hood?
You cant.. if you know thats the person dealing btc in bad way you may get arrest him as a suspect but you cant proove if he she never accept about the account he/she have dealt with.
So stop spreading bull shits. Block chain is a great evoloution but the world arent really for this awesome tech to admire cause people are so self centric they killing for other people for money.
Btc is a threat for mankind if it is misused ever.
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