Topic: Criminality and Bitcoin - page 37. (Read 31307 times)
Indeed, it is astonishing, because it doesn't quit, it just goes greater and higher... Wish it'll lat for very longs
Of course bitcoin has helped and is helping organized crime now! Crime in general uses modern technology is very active, so it is inevitable.
A vivid example of SilkRoad organization is a shop where you could buy anything (drugs, weapons, people) for bitcoins. Its creator, Ross Ulbricht, received five life imprisonments!
https://en.wikipedia.org/wiki/%D0%A3%D0%BB%D1%8C%D0%B1%D1%80%D0%B8%D1%85%D1%82,_%D0%A0 % D0% BE% D1% 81% D1% 81% D0% A3% D0% B8% D0% BB% D1% 8C% D1% 8F% D0% BC
A vivid example of SilkRoad organization is a shop where you could buy anything (drugs, weapons, people) for bitcoins. Its creator, Ross Ulbricht, received five life imprisonments!
https://en.wikipedia.org/wiki/%D0%A3%D0%BB%D1%8C%D0%B1%D1%80%D0%B8%D1%85%D1%82,_%D0%A0 % D0% BE% D1% 81% D1% 81% D0% A3% D0% B8% D0% BB% D1% 8C% D1% 8F% D0% BC
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.
Unless the usage of the bitcoin has sprung among the common public and its being use widely spread i think it would be more of the common crime like robbery,hold up and the likes. Thus it could also be linked to more of organized crime like hacking and phishing since its digital. We must always be guarding our fort and vigilant everytime we do transactions esp nowadays that BTC is getting popular and high
In my opinion, the increasing crime in the world and bitcoin is also a reason for criminals to use this fake bitcoin for the trading of the weapon ... 
Sure crime has always been around but bitcoin is a tool for criminals to use to easily finance their crimes. Bitcoin is not meant for crimes at all but an alternate paying system that is supposed to eliminate the middle man (banks). That was the intention of the creation of bitcoin. Just with anything that is discovered or invented, there are also unintended uses.
I believe the existence of bitcoin lessen the criminality. Because bitcoin is source of income or money. And according to many of us,money is the root of all evil. Because of poverty or lack of source of income criminal are force to do illegal activity or criminality. But I know when they have a job or some source of income to provide their own and family expense they will not do bad things to live. But in negative side bitcoin can use in criminality,all we know that bitcoin is very convenient and it is not hard to them to do or to buy illegal things or to engage illegal activities using bitcoin.
Unfortunately some people use bitcoin as a medium of exchange in illegal trades through this the wrong practice from the system is blame and carried upon by the company. From the innovation of company and management of bitcoin; they make some effective ways to avoid this thing may happen and not be tolerated. The coordination of the government and bitcoins provides an all days security to monitor all people who are using bitcoin in illegal trade or use medium of exchange in the black market.
Some people use this bitcoin in a wrong practice dealing with illegal trade. Because of this, the management of bitcoin and government provide a full security who can monitor those illegal trade and give some actions that will punish in accordance of the law.
Yes, there are many scams on the net. We can easily be fooled by the high profits that these sites offer. Because of the high bitcoin value, we must be wary of investing in bitcoin
First, we have to remember that people were using fiat currencies for criminal activities for hundreds of years already, and no-one will stop them from doing it any time soon. With cryptocurrencies it became even easier, as people can move large amounts of money via international borders without revealing their identities. I think at some point people might be requested to reveal any of their Bitcoin wallets by different governments. That exists already in some European countries and Paypal accounts, that you have to disclose them for your taxes purposes. For those that will want to cash their cryptocurrencies out, governments will be quick to jump in and ask about the source of all those coins.
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.
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.
For sure, any criminals will utilize anything that will help them succeed in doing a certain crime. This is why it will not surprise me anymore if one day people will start using bitcoin for criminal activities. It is sad to know, but we have accept that because of bitcoin's high value it is possible and would likely happen.
I thought about what you said, the existence of bitcoin can increase the number of criminality in some countries in the world. Crime
activities have occured before the bitcoin was born, after the bitcoin appeared, the activity can grow and more secret. I think
even if bitcoin appear or do not exist, criminal activities still exist, all depend on the nature of the humans .
activities have occured before the bitcoin was born, after the bitcoin appeared, the activity can grow and more secret. I think
even if bitcoin appear or do not exist, criminal activities still exist, all depend on the nature of the humans .
Criminality activities can increase if the exchanges are not regulated and Bitcoin is a currency used in the cyber word and like any currency in the word it is used some illegal activity. bitcoin has got nothing to do with cirme.
Indeed, there are some crimes linked to bitcoin. But it's not a bit of a bitcoin. Some people use guns to commit crimes, and some use guns to defend themselves. Bitcoin is itself an encrypted currency. It is the bad man who uses it, not the bitco
Of course this is a big issue. It is to be expected, considering that bitcoin is a trustless currency. I bet Satoshi didn't factor this into consideration while he was developing the bitcoin technology.
Bitcoin is an Double edged sword , you can either use for good or criminal activity , because bitcoin is anonymous its very hard for the governing bodies to control the criminal activities with bitcoin
In the modern world there are enough different ways to permanently protect bitcoin from criminality. For example, your bitcoins were stolen. We take a service that determines where the bitcoins were transferred. We find an exchange, the exchange usually saves all the info about the owners, we find the owner, we connect the police, and happy end!
For example this one service https://usethebitcoin.com/matbea-net-find-previous-owner-bitcoin/
So I tried it and it works. Extensive address base. Criminality will be forgotten if there are such services in our bitcoin-future. Is not it?
I think the rumors about the close relationship between crime and bitcoin is too exaggerated. Governments of different countries it is beneficial to shape public opinion. The only threat is virus wannacry. Use bitcoin creators definitely expanded the coverage of countries.
I am very much in the countries of the world, bitcoin may be the tool to make illegal trading transactions.
Bitcoins are considered as offenses in some countries
Bitcoins are considered as offenses in some countries
It is unfair if we put all the blames to bitcoin whenever we hear that there are crimes associated with crypto currencies. I do believe that increasing the crime rate is not the intention of bitcoin. But if criminals are using it then we can't help it. That's how the minds of criminals work.
There would always be criminality around the world even if bitcoin does not exist. We really can't do anything to stop criminals in using bitcoin in illegal activities. Even the police can't stop the increasing number of criminality in the society, how much more in bitcoin. The blame should be in the user who do illegal transactions through bitcoin and not with bitcoin itself.
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