Do not think it have increased criminality .
The most obvious transactions are and were in DarWeb, I for one think that it decreased criminality in a way since interactions between criminal entitys decreased because of btc, people did not have to search for dealers on the street and dealers did not have to search for distributors thus violence decreased.
Something else is bothering me- that countries like IRAN and NorthKorea can easily bypass sanctions because of btc.
Topic: Criminality and Bitcoin - page 30. (Read 31307 times)
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.
This is just a tactic or strategy to destroy and stop bitcoin. As far as I remember, cybercriminals has long been existed before bitcoin came into scene. These cybercriminals used a lot of strategies like credit card fraud, skimming and other online scamming. They are just using bitcoin because of its fast-growing value and popularity around the world. 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 is fully Anonymous so chance to use criminality. Bit coin is used to buy drugs and weapons.Bit coin exchange is used for most cyber crime activities.
Not all people used their bitcoin in cybercrime activities, here in my country bitcoin now is so popular and many people used it every day in their life and i never heard any bad news about bitcoin that used in criminal activities like buying drugs and guns. But since bitcoin transaction is anonymous and easy to use it is a big percentage to use it in criminal activities.
Well Bitcoin can be relate to criminality when it is use to illegal transaction. Like on deepweb, we know that there are illegal jobs or doing ongoing there. To keep being anonymous, i think the transaction there is in Bitcoin since its transaction keep you being anonymous. And also using Bitcoin that way, there transaction would be fast.
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.
I don't think the bitcoin has been a connection to it.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.
Although it is a good way to launder money, there are and always will be ways.
if its not the bitcoin it will be something else.
Bitcoin is popular so some other people use bitcoin for scam or involve in criminality. . They can use bitcoin for black markets like buying illegal drugs or criminal activities.
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. This article seeks: to demystify the Bitcoin concept; to demonstrate that, far from being low-risk, Bitcoin constitutes a substantial danger in terms of criminal enterprise; and to promote the case for greater awareness among criminal justice professionals and law enforcement officers in particular.
You have the point there mate that criminals may feel very interested and maybe are currently using bitcoin because of the bitcoin functionality of anonymity compared to transacting with your regular fiat money.
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. This article seeks: to demystify the Bitcoin concept; to demonstrate that, far from being low-risk, Bitcoin constitutes a substantial danger in terms of criminal enterprise; and to promote the case for greater awareness among criminal justice professionals and law enforcement officers in particular.
Bitcoin is fully Anonymous so chance to use criminality. Bit coin is used to buy drugs and weapons.Bit coin exchange is used for most cyber crime activities.
Actually criminality already exist since long time ago. But I can not deny that some people also use bitcoin for criminality. They can use bitcoin in black markets for buying drugs or other criminal activities. I even ever heard that some people post video which contain criminality on social media so many people see and share their video and they can get more coin. I wonder why. It depends on us in using bitcoin. It could be two ways, positively and negatively.
Well, it's evident that exists because there are a lot of things that happened in the past that have cost specific events to happen now. I have noticed that like you said in social media, there are current Ponzi schemes that are getting promoted to scam people.
The company and management of bitcoin is against from all kind of criminalities and illegal activities which use their product.
They will provide a immediate action for these actions once they have notice about it and they will provide sercuirty to avoid it.
They will provide a immediate action for these actions once they have notice about it and they will provide sercuirty to avoid it.
I think Bitcoin is common in the black market or in the deepweb since there are many illegal transaction there that is going on. Bitcoin will be only give a easier transaction since you can transact to it anonymously faster and simpler. But even if Bitcoin doesnt exist, criminality will always be there as long as there are people with evil deeds.
I dont think that cryptocurrencies are rising the crime rate. There were drugdealing sites on the internet before bitcoin. So maybe its now easier for them to pay, but even without any cryptocurrencies the criminals would find a way to do ther ilegal businesses!
That is true - it is not because the bitcoin that criminality online flourishes, even without bitcoin, criminality still thrive because they will always finds a way how to transact their illegal transactions.
I dont think that cryptocurrencies are rising the crime rate. There were drugdealing sites on the internet before bitcoin. So maybe its now easier for them to pay, but even without any cryptocurrencies the criminals would find a way to do ther ilegal businesses!
Actually criminality already exist since long time ago. But I can not deny that some people also use bitcoin for criminality. They can use bitcoin in black markets for buying drugs or other criminal activities. I even ever heard that some people post video which contain criminality on social media so many people see and share their video and they can get more coin. I wonder why. It depends on us in using bitcoin. It could be two ways, positively and negatively.
Well, it's evident that exists because there are a lot of things that happened in the past that have cost specific events to happen now. I have noticed that like you said in social media, there are current Ponzi schemes that are getting promoted to scam people.
uses bitcoin without any identity support Crime, Dark markets and bad use for bitcoin.
if government support bitcoin will add more rules about identity
if government support bitcoin will add more rules about identity
Bit coin is also used for crimes.The bid coin does not require any identity for the sender and recipients.Absolute indirectly can be used for illegal activities.You can send more money without any identity.It is possible to use bit coin for activities such as terrorism, drugs and weapons. But it is a great challenge to monitor all of this
I guess somewhat because of bitcoin, criminality has raised, sadly hackers and phishers are being the ones responsible for this, and because of it bitcoin is being declared illegal onto some countries, in this case bitcoin will have a hard time and other cryptocurrencies to manage this, online may not be reliable because of tons of hackers, this would be hard for each cryptocurrency to gain such popularity they need.
Nowadays, Bitcoin is not useful to use for payment of crimial.The government can track the transaction through exchange, unless they can find exchanger in private market.
I have just watched a facebook video exposing some scam using bitcoin - the guys said that criminals give 10% of all the money they laundered with exchange (possibly private exchange) so if they laundered 10 million dollars worth of bitcoin, the exchange get 1 million worth.
But this is not a problem related with bitcoin. Every thing has some good and bad aspects. We can buy drugs and weapons with money.
And that is why one needs an off line wallet for these notorious criminals on line.
Actually criminality already exist since long time ago. But I can not deny that some people also use bitcoin for criminality. They can use bitcoin in black markets for buying drugs or other criminal activities. I even ever heard that some people post video which contain criminality on social media so many people see and share their video and they can get more coin. I wonder why. It depends on us in using bitcoin. It could be two ways, positively and negatively.
Well, it's evident that exists because there are a lot of things that happened in the past that have cost specific events to happen now. I have noticed that like you said in social media, there are current Ponzi schemes that are getting promoted to scam people. Jump to: