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Topic: Criminality and Bitcoin - page 5. (Read 31293 times)

member
Activity: 224
Merit: 10
April 02, 2018, 10:15:35 PM
I think crime can be related with a lot of things nowadays, and that mean with bitcoin as well. Perhaps there is a system that track down those suspect crime data in the future?
newbie
Activity: 261
Merit: 0
April 02, 2018, 11:46:18 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 think that's just negative news for dropping bitcoin, bitcoin is a crypto currency that can be used by anyone, like fiat money that anyone can use and can also be used for crime.
sr. member
Activity: 1638
Merit: 300
April 02, 2018, 11:34:58 AM
I believe that the existence of bitcoin has increased the number of criminals in the world. Because bitcoin situation is very supportive once if used as a place to transact about the criminal. With this anonymous bitcoin property very supportive because with this anonymous makes the criminals feel safe if they use bitcoin for their activities. Criminality does not need to use any identity about them to transact.

What? How can Bitcoin situation became supportive? It is not a situation it is a crypto currency and it is not that anonymous as we know it.

Criminals might know what Bitcoin is and some of them might be using it to do their jobs but I don't think that they will be protected by Bitcoin's anonymity since there are threads and articles saying it is not really anonymous. If they really want to use an anonymous digital currencies, there are a lot of crypto currency that is more anonymous than Bitcoin, you can all just search that out.
newbie
Activity: 1
Merit: 0
April 02, 2018, 11:33:41 AM
damn
newbie
Activity: 80
Merit: 0
April 01, 2018, 07:55:37 PM
I believe that the existence of bitcoin has increased the number of criminals in the world. Because bitcoin situation is very supportive once if used as a place to transact about the criminal. With this anonymous bitcoin property very supportive because with this anonymous makes the criminals feel safe if they use bitcoin for their activities. Criminality does not need to use any identity about them to transact.
full member
Activity: 378
Merit: 102
April 01, 2018, 07:16:42 PM
I think Bitcoin will be used less for this in the future, as Artificial intelligence might find ways to find correlating addresses with people. I think Monero and other anon crypto's might take over that job, leaving bitcoin with a cleaner name.
member
Activity: 434
Merit: 10
April 01, 2018, 06:04:59 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.
I think that bitcoin bears more advantage than negativity, and as for criminality, it has always been, is and will be, and nothing can be done about it. In any field, you can find scammers trying to cash in on others.
full member
Activity: 294
Merit: 100
April 01, 2018, 05:53:30 PM
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.
jr. member
Activity: 224
Merit: 1
April 01, 2018, 05:35:24 PM
I have read another article regards Bitcoin and Criminality. I am not sure but I read that Bitcoin has been using the dark net, Child abuse and in Many illegal Things that's why Many countries governments don't like bitcoin.
full member
Activity: 322
Merit: 100
April 01, 2018, 05:27:40 PM
Cybercriminals use the same tools and schemes as targeted attacks against banks or their customers. One of the most popular methods of attack is phishing. The rogues create sites-clones of known exchanges, like two drops of water similar to the original. A potential victim enters the resource by mistake and enters his unique keys. Passwords become known to intruders, thieves enter the electronic wallet and transfer crypto-currencies to their hacker addresses.
member
Activity: 196
Merit: 10
April 01, 2018, 05:18:56 PM
The company of bitcoins and its management does not tolerate or consider any fraudulent activities which forbidden the jurisdiction of the law. They will provide immediate action for this events incase happen.
member
Activity: 210
Merit: 26
High fees = low BTC price
April 01, 2018, 05:07:42 PM
if you go back to just before the last major spurt in the price of Bitcoins about 14 months ago then
the ransomware WannaCry virus was at it's peek with payments being demanded in Bitcoin !

Well was this seed money needed for the pump-en-dump because interestingly I am told it's back again
so does that mean prices are about to go up again or that the miners are desperate again having become
accustom to the high-life.

Drugs, Sex, Gambling and extortion were built into Bit-Coin from day one so I find it mute to be asking about this
now.
full member
Activity: 420
Merit: 100
April 01, 2018, 05:03:30 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.
Yes it is because it is not traceable and all  illegal can be made easily to all country. They can use bitcoin because it is very secured money.
member
Activity: 100
Merit: 12
April 01, 2018, 05:00:35 PM
Bitcoin has become the currency of choice for cybercriminals. Its distinctive characteristics of decentralisation attractive to criminal actors in general, and Bitcoin has been assessed as representing only a low money laundering risk.
newbie
Activity: 210
Merit: 0
April 01, 2018, 02:49:32 PM
Indeed, crime depends on people. Bitcoin is not a crime, but some people use bitcoin for crime
full member
Activity: 325
Merit: 100
April 01, 2018, 02:47:19 PM
I dont believe that bitcoin is guilty that the criminality is increasing. There was a criminal network on the internet long before cryptocurrencies. And they already had always a way to pay. So bitcoin and cryptocurrencies make it much easier, thats true. So its like with every other thing that was invented for good things. You can always use anything for good and also for bad thinks. So they are people who killing other people with cars. So do we have to ban cars now because some small amount of people abuse it?
You are right, crimes are already everywhere with or without bitcoin here in the world, we cannot eliminate crimes, criminals will do everything they can so that they can commit crimes here.
member
Activity: 392
Merit: 13
April 01, 2018, 02:44:15 PM
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.  
full member
Activity: 280
Merit: 103
April 01, 2018, 02:29:43 PM
I dont believe that bitcoin is guilty that the criminality is increasing. There was a criminal network on the internet long before cryptocurrencies. And they already had always a way to pay. So bitcoin and cryptocurrencies make it much easier, thats true. So its like with every other thing that was invented for good things. You can always use anything for good and also for bad thinks. So they are people who killing other people with cars. So do we have to ban cars now because some small amount of people abuse it?
newbie
Activity: 224
Merit: 0
April 01, 2018, 02:27:05 PM
I don't think bitcoin has played a huge role in the growth of crime. when there was no cryptocurrency, they paid with another currency. previously, they did not say that the currency affects crime
newbie
Activity: 185
Merit: 0
April 01, 2018, 02:15:13 PM
I don't agree much with it. Crimes has been on since long time. Bitcoin had just been around for like a decade only.Though most crimes were done for money, Bitcoin has nothing much to contribute.
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