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Topic: Criminality and Bitcoin - page 32. (Read 31307 times)

hero member
Activity: 840
Merit: 520
December 16, 2017, 12:29:05 AM
Now days bitcoin has been chosen as a host for criminality. Although it has a good and bright helpful side but many antisocial people choose the dark side of the bitcoin and doing their criminal activities. Many criminal activities like kidnapping, murdering, child labourring, pronography, cyber crime etc. Anti money laundering is of the serious issue  which related with bitcoin. Many politicians, business using bitcoin transaction to hide their black money transaction. Terrorist organisation also doing money transaction through bitcoin.
full member
Activity: 994
Merit: 138
December 15, 2017, 10:02:56 PM
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.
before the existence of bitcoin, crime and criminality already exists. it's just that the perpetrators use bitcoin because of the excess bitcoin that is anonymous. so bitcoin is not completely blamed
full member
Activity: 287
Merit: 100
December 15, 2017, 09:57:48 PM
Indeed bitcoin can be used for crime They are the dark side of bitcoin that is associated with criminality. With criminality just because the currency is decentralized.Most criminals and scammers use fiat primarily to complete the transaction. We must be careful and stay alert
full member
Activity: 210
Merit: 128
December 13, 2017, 04:30:53 PM
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, 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.
full member
Activity: 154
Merit: 102
December 13, 2017, 03:49:47 PM
Why they are only looking at the possibility of bitcoin being used for criminality or any related violence funding? Criminality acts are even existing bitcoin is not yet created. And they are only taking advantage bitcoin for it's anonymity so they found a way for supporting their criminality.
sr. member
Activity: 612
Merit: 250
December 13, 2017, 02:41:08 PM
in my opinion, it's a natural thing, because the value of bitcoin is very high, therefore criminality occurs in bitcoin, such as hackers who try to hack bitcoin sites and want high income and instantly, so secure your bitcoin account  Shocked
Yeah it has high value and it will remain same even if the criminality will come into it. Bitcoin is an amorous currency and everyone can use bitcoin at the same time, there is nothing like only special people can use bitcoin. a lot of good things are happening in the world because of bitcoin so if some criminals will use bitcoin even then the value and price of bitcoin will not get affected.
member
Activity: 252
Merit: 17
December 13, 2017, 04:40:04 AM
Criminality is always linked in all business or investments that are growing fast. We all know that Bitcoin nowadays is growing fast, its value is going higher and higher. In this status of Bitcoin, some people think that it is a sort of scam or fraud, that it is criminality. We all know that they are all wrong, they just need to be enlighten about bitcoin. But if the reason why they linked bitcoin to criminality is jealousy, we can’t do anything with it. There are people who are always jealous with someone or something they don’t have or they can’t have.
jr. member
Activity: 159
Merit: 1
December 13, 2017, 03:08:52 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.
in some matters yes it will increases but in the otherway  around
some of the criminals will used their own wallet to transfer bitcoin to their wallet but in some case it can be traceable
the existence of bitcoin + having the huge value will really increases the criminality  of an area in the coming future
full member
Activity: 168
Merit: 106
No success in a short time
December 13, 2017, 03:04:31 AM
not because an irresponsible party who misuses bitcoin for criminal purposes then considers bitcoin to cause a new crime mode, criminals always have their own way, before any bitcoin crime already exists, but I am not sure if bitcoin causes crime rates in a country that uses bitcoin services are increasing
newbie
Activity: 234
Merit: 0
December 13, 2017, 12:50:40 AM
in my opinion, it's a natural thing, because the value of bitcoin is very high, therefore criminality occurs in bitcoin, such as hackers who try to hack bitcoin sites and want high income and instantly, so secure your bitcoin account  Shocked
full member
Activity: 161
Merit: 100
December 12, 2017, 07:12:31 PM
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.
It is true that bitcoin can be used to some illegal activities that causes the criminality of a certain country to increase thats why some of the governments in some countries in the world already banned bitcoin in their place. Bitcoin can be used to buy illegal guns, drugs, hiring a hitman and many more illegal things in the internet. That is one of many disadvantages of bitcoin and the reason why some people are against it.
full member
Activity: 229
Merit: 108
December 12, 2017, 06:36:43 PM
Criminal activities have been linked with any currency for eons, before money like seashells, farmers were exploited for livestock, after that seashells, than came paper money, gold, jewelry  , and the likes of it.

Just because bitcoin or cryptos are used for illegal activities is not proof or proper statistics that bitcoin is the reason for more crimes in the world.
Bitcoin is in the form of crypto-currency which it could be used by people anonymously, so we cannot hide the fact that for other people the main purpose of them is to used Bitcoin in illegal matters. But the fact that bitcoin is linked to illegal things we could also assure that its system us proven fast and functional in the sense that it could be used in full depth transaction. But we don't need to used Bitcoin in illegal point just to earn becasue there is a lot of thing that we could earn with the used of Bitcoin.
full member
Activity: 232
Merit: 100
December 12, 2017, 06:16:32 PM
If Bitcoin becomes illegal in that country, almost anyone using it becomes a criminal. Besides the good side of Bitcoin, anyone can recognize the bad side that it brings. That is corruption, money laundering, tax evasion ... Although Bitcoin development brings a lot of advantages for the country and citizens, but it also increased the crime rate used it. .
full member
Activity: 560
Merit: 104
terra-credit.com
December 12, 2017, 06:12:58 PM
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.
in my opinion not only bitcoin being made access or a means of crime and even any aspect there is always a side of crime in it, maybe the future bitcoin will have or apply rules that can reduce the number of crimes using bitcoin
yes, so it can be concluded that the important thing is people who use bitcoin. all things can be used as a crime tool if the one who uses it is a criminal. as the OP explains, there are advantages and disadvantages, depending on where we judge it.
member
Activity: 294
Merit: 10
December 12, 2017, 06:12:24 PM
Bitcoin is a mode like other currency. Criminals or hackers may use it temporary but it is not criminality and bitcoin. In some countries it is banned because there criminals started bitcoin for hacking, purchasing drugs etc these ways of criminals made everyone letting into a negative sign of disgusting. We can't say bitcoin is bad instead we can fel criminal activities are bad.
legendary
Activity: 1596
Merit: 1011
December 12, 2017, 06:09:48 PM
I think we should not concern the bitcoin with crime, because without any bitcoin criminality remains high. it all depends on the user bitcoinnya own, just as with money, gold and others
Yes it can be said to be the right thing. But I think that criminality can make the development of Bitcoin become unbearable, probably will be many people who consider Bitcoin as a risky thing. Illegal use of Bitcoin can worsen Bitcoin's image in the world, even the government may take harsh action on this incident.
hero member
Activity: 644
Merit: 500
December 12, 2017, 06:05:06 PM
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 bitcoins actually made money laundering easier for criminals and the likes because of how much bitcoins cost and how untraceable are they to every who needs money transfers with a single tap of a finger. We just have to accept that the advantages of bitcoins can be abused too.
Bitcoin was abused by the criminal and the people from underground world. They had used it as the primary currency in a time, but currently, they give up it. Bitcoin is not the good coin for criminal transaction at current. Its value made the government spend more attention in this currency.

For me, criminal doesn't really matter as to what currency to use - fiat or cryptocurrency, as long as they will be able to use it as a form of payment and that is it. When they can use bitcoin, they can and that is the same as with fiat money.
Honestly, in the past we had many hackers used for crime. But nowadays, some people proved Bitcoin is worse than other anonymous Altcoin. You can see Monero, almost the transaction through Monero can not track data information of user, not like Bitcoin, you can do that by some methods.
sr. member
Activity: 756
Merit: 294
December 11, 2017, 05:45:07 PM
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 bitcoins actually made money laundering easier for criminals and the likes because of how much bitcoins cost and how untraceable are they to every who needs money transfers with a single tap of a finger. We just have to accept that the advantages of bitcoins can be abused too.
Bitcoin was abused by the criminal and the people from underground world. They had used it as the primary currency in a time, but currently, they give up it. Bitcoin is not the good coin for criminal transaction at current. Its value made the government spend more attention in this currency.

For me, criminal doesn't really matter as to what currency to use - fiat or cryptocurrency, as long as they will be able to use it as a form of payment and that is it. When they can use bitcoin, they can and that is the same as with fiat money.
sr. member
Activity: 463
Merit: 250
December 08, 2017, 01:12:07 PM
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 bitcoins actually made money laundering easier for criminals and the likes because of how much bitcoins cost and how untraceable are they to every who needs money transfers with a single tap of a finger. We just have to accept that the advantages of bitcoins can be abused too.
Bitcoin was abused by the criminal and the people from underground world. They had used it as the primary currency in a time, but currently, they give up it. Bitcoin is not the good coin for criminal transaction at current. Its value made the government spend more attention in this currency.
newbie
Activity: 9
Merit: 0
December 08, 2017, 03:27:52 AM

I think that bit coin can be exploited for crime. It is not yet too much time for the bit coin to be published and there is no regulation, so be careful.
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