Criminality and Bitcoin - page 45. | Bitcointalksearch.org

Thecryptocurrency09

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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.

I guess cybercrime exist even before. Bitcoin could be an online transaction but it doesn't mean it is its main cause of decreasing of crime rates. Yes, some could use it for scamming. But it still depend on us if we will be careless to let scamming work on us.

rickyleatham

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Get your share of the future

Until today criminals always want to threaten us and hide from government control, they are getting more advance, smarter, hard to be traced, from that they use bitcoin as a great tool to commit illegal things, bitcoin can not be traced so they use bitcoin for illegal transactions.

SupportBitcoin

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Before Bitcoin, cash was used in crimes. Doesn't matter what type of currency is used. Crimes will always happen no matter what.

damrianto

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CRIMINALITY AND BITCOIN IS A VERY MUCH DIFFERENT BUT CRIMINALITY CAN BE BECOME ANYWHERE IN THE BITCOINS COULD HAVE THE CRIMINALITY THAT HAPPENED TO INCREASE OWN PURPOSE WITHOUT GUIDING THE INTEREST OF PERSONS. BITCOIN IS ONLY ONLY IN WORKING WITH RULES IT CAN BE BENEFICIAL FOR US. WITHOUT RISK OF CRIMINALITY

kskaclord

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The internet and Bitcoin are just devices that 'bad guys' and 'good people' can use to be filled with more people in the 'good people' category.

DewiKirana

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Maybe it is, if bitcoin is used for criminals. But I think the good benefits are much more than the bad effects of bitcoin. For example, bitcoin bridges the purchase of risk without distributors.

coinsontheroad

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Anything "anonymous" payment method is going to attract criminality. Of course we know bitcoin transactions can be traced but I'm sure there are a great number of criminals out there who think it's completely untraceable.

But the thing is, crime is going to happen with or without bitcoin. People will use fiat or whatever else is out there. So I don't think bitcoin contributes to criminality, but has become a favorite amongst international criminals (ex: terrorism funding).

ngacengan

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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.

crimes involving bitcoin are numerous, most bitcoins are a ransom tool to blackmail victims to pay some money using digital currencies, this can make the name of bitcoin worse.

ripti

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No relation between Criminality and Bitcoin. Maybe Criminality reasons that the government could not make bitcoin a legalize currency im some countries because they are afraid that bitcoin can be used to illegal activities that may increase the numbers of criminals.

zenrol28

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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.

They're just blaming bitcoin for their failure in catching them. Because sometimes huge politicians / businessman are behind those illegal activities. They can't touch them, if they do they lives are on the line including they're families. So pointing out to something else is the safest for them.

Oo ako to

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Of course, there will be advantage and disadvantage. Even before bitcoin existed, internet became the portal for selling private pictures and videos of others but nobody blamed internet for that. People who hate bitcoins will always see it as tool criminal tool even it has more benefits than that.

dafang

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Admittedly, bitcoin is indeed being exploited by criminals, bitcoin is anonymous, so criminals pay with bitcoin and buy illegal items such as guns and drugs. The government can not track this, which is why some countries banned bitcoin.

shark69

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a lot of people are going to abuse bitcoin for criminality, because bitcoin is private.
so what will be done by someone we will not know, for example to buy drugs or to practice the black market. so the possibility of bitcoin being misused for criminals is huge.

SwagFootball

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An excellent example of this was WannaCry

putrii

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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.

a lot of criminal acts in this virtual world, they use bitcoin as a means of payment or ransom to squeeze the victim, very in pity if bitcoin made like that.

Zrs

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bitcoin is one of the popular digital currency. it runs by peer to peer network. it has changed a huge change in payment method.but still some people are misusing it in dping criminal works.thisiis the bad effect of bitcoin.other than this, bitcoin brings a lot advantages for community.

mammoniter

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Quote from: Quartx on May 24, 2017, 12:26:58 AM

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.

I agree with this it is not like bitcoin itself conducted the criminal activities although it has been a tool statistically speaking I'm sure it is not the most used currency by criminals. Bitcoin is just money like everything of value it tends to be used by criminals in various ways and being a cryptocurrency is not a concrete proof that it causes increased in criminality. With or without bitcoin there will still be criminals whenever they see opportunity.

nethan1btc

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Quote from: MAJICOIN on November 07, 2017, 01:55:09 AM

If we say that bitcoin promote criminal activities it will be wrong judgment because it is not the tools by which criminal activities are promoting it is the form of money which can be paid for each and every kind of activity. Bitcoin is the currency which is holding by public and they used this for many purposes.

Bitcoin of course cannot be the reason why crimes are on the increase all across the globe and instead of looking for a scape, all those pointing accusing fingers at Bitcoin should rather throw their weight behind finding lasting solution for the diversed inequalities everywhere we look. Bitcoin is being use for a lot of wise purposes also all I want to say is, that using something depends on the user if how they want to use it.

MAJICOIN

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If we say that bitcoin promote criminal activities it will be wrong judgment because it is not the tools by which criminal activities are promoting it is the form of money which can be paid for each and every kind of activity. Bitcoin is the currency which is holding by public and they used this for many purposes.

alfstep

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Here I come! Again!

Not only bitcoin
Criminals will always be able to find a way to be profitting from a new technology, they always outsmart the system Grin

After all bitcoin has its own pro and cons

Topic: Criminality and Bitcoin - page 45. (Read 31307 times)