Bitcoins is a digital currency everyone has access to it
Good and evil are the two side of Same coin , where their is good it has to be nullifyed by evil so to make the thing in equilibrium ,
It's same in the case of bitcoins:-
Many people use it for trading for business purposes for investment and many more things it has many great advantages as a digital currency and people use it to its full potential
While there are many people who use bitcoins to buy drugs and also supply weapons as no one can see their identity all we can see is an wallet address
They are using one of the advantages of Bitcoin transaction
For their are no rules for using bitcoins we can't say it is ileegal on digital scale ,
But yes when we see the consequences and the things they are buying it is illegal and this is one of the reason that many countries are not accepting bitcoins
Topic: Criminality and Bitcoin - page 54. (Read 31307 times)
Yes, bitcoin is helping the criminality.
We have to change some things on I think. More regulation will help bitcoin.
We have to change some things on I think. More regulation will help bitcoin.
well shoes do, too. and knives. and telephones. every technology can be abused. where did the idea come from that a new technology should not be able to get abused? that is impossible.
regulate what? the (possible) criminal use of bitcoin? that is already regulated because it is illegal . the lawful use? why regulate that?
That is so true mate!
Even fiat money that is regulated are subject to illegal use by criminals. Therefore, there is no way for us to be certain that once bitcoin will be regulated it will be free from criminal abuse. Maybe, but I sort of doubt it. The people that are capable of doing signature campaign knows how to speak in English and that skill alone gives you some good choices for a day job with the proper training by the company itself. There are even jobs that only require you to know how to speak in English relatively well. I think that the people that commit crime are not necessarily those type of people. People know their worth and their skills. I think most of the people that commit crime are the people that are uneducated. They have no other choice but to commit crime in order to make money and they know for themselves that they lack the skill to change their lives. You're dumb, what are you going to do to make real money? You kill, you snatch from people, you steal from people. You basically have no choice because all you can offer is the physical part of you. You are lacking the intelligence or knowledge to be an employee that pays really well.
I think that bitcoin has opened up a door of opportunities for a lot of people. But it's not for everyone because some people are not able to digest the ideology of bitcoin.
Yes, bitcoin is helping the criminality.
We have to change some things on I think. More regulation will help bitcoin.
We have to change some things on I think. More regulation will help bitcoin.
well shoes do, too. and knives. and telephones. every technology can be abused. where did the idea come from that a new technology should not be able to get abused? that is impossible.
regulate what? the (possible) criminal use of bitcoin? that is already regulated because it is illegal . the lawful use? why regulate that?
That is so true mate!
Even fiat money that is regulated are subject to illegal use by criminals. Therefore, there is no way for us to be certain that once bitcoin will be regulated it will be free from criminal abuse. 
i wont deny the fact that when i first heard about bitcoin i thought it was a waste of money to invest on it.
thinking that you will need to spend a lot of money to buy computer parts in order to obtain something that hasnt any value.
i also thought it was a scam scheme whose primarily aims to steal people's investments.
but i wont regret it.
since because of that i am now more urged to push more in order to have a successful cryptocurrency journey..
thinking that you will need to spend a lot of money to buy computer parts in order to obtain something that hasnt any value.
i also thought it was a scam scheme whose primarily aims to steal people's investments.
but i wont regret it.
since because of that i am now more urged to push more in order to have a successful cryptocurrency journey..
Certainly Bitcoin can be easily employed in prison pursuits and particular person can continue being nameless using different addresses. But nonetheless there are a lot of situations in which the criminals are easily traced through connecting various transactions and addresses. The thing is Bitcoin is not greater than fiat in any way for funding legal activities. Nations via some rules can make Bitcoin very easily traceable when essential. Fiat is way more anonymous than any cryptocurrency.
Yes, bitcoin is helping the criminality.
We have to change some things on I think. More regulation will help bitcoin.
We have to change some things on I think. More regulation will help bitcoin.
well shoes do, too. and knives. and telephones. every technology can be abused. where did the idea come from that a new technology should not be able to get abused? that is impossible.
regulate what? the (possible) criminal use of bitcoin? that is already regulated because it is illegal . the lawful use? why regulate that?
That is so true mate!
Even fiat money that is regulated are subject to illegal use by criminals. Therefore, there is no way for us to be certain that once bitcoin will be regulated it will be free from criminal abuse. 
Yes, bitcoin is helping the criminality.
We have to change some things on I think. More regulation will help bitcoin.
We have to change some things on I think. More regulation will help bitcoin.
well shoes do, too. and knives. and telephones. every technology can be abused. where did the idea come from that a new technology should not be able to get abused? that is impossible.
regulate what? the (possible) criminal use of bitcoin? that is already regulated because it is illegal . the lawful use? why regulate that?
The emergence of crypto currency can not significantly affect the growth of crime. Indeed, due to relative anonymity, the crypto currency attracts criminals. However, this is not a lack of crypto currency. This is her dignity, as she gives the person an additional degree of freedom. The use of crypto currency for criminal purposes is a problem of law enforcement bodies, and no more. It is not necessary to defame a progressive phenomenon only because it can be used for criminal purposes.
You are definitely correct mate! We should not focus and divert all of the attention as to whether or not bitcoin or any other altcoins are being used by criminals because even in fiat money, criminals can get away with authorities transacting through the mode of fiat payment. It is really the duty of the respective government enforcers to catch these criminals and we just focus on the good side of cryptocurrencies..
The emergence of crypto currency can not significantly affect the growth of crime. Indeed, due to relative anonymity, the crypto currency attracts criminals. However, this is not a lack of crypto currency. This is her dignity, as she gives the person an additional degree of freedom. The use of crypto currency for criminal purposes is a problem of law enforcement bodies, and no more. It is not necessary to defame a progressive phenomenon only because it can be used for criminal purposes.
their is always criminality everywhere even in bitcoin, bitcoin can be used in good terms and also in bad terms because it is anonymous, you can use it in illegal transactions and etc, I think that is also the reason why most of the government around the world is refusing in the bitcoin to be an official currency in their country. But I think the problem is not on bitcoin but on its regularization.
The problem when you invent something is that you never know how people are actually going to use it. Are they going to use it for good or bad or are they going to use it for a much different purpose?
With the reason that bitcoin isn't the official currency of a country because bitcoin is being used by criminals for illegal transactions, then every single fiat should already be burned by now. Bitcoin is known for being used in the deep web but fiat currency are certainly used 1000x more frequently than bitcoin for illegal transactions. With all the corrupt government, all the huge syndicates, and all the drug lords out there, with no question, the amount of fiat being transacted for illegal stuffs exceeds the market cap of bitcoin. Just think about the amount of bitcoin users (around 0.00x percent) and the amount of fiat users. It's all statistical.
I think the reason the governments are not accepting bitcoin is that it exploits the idea of having a non-taxable money and the idea that fiat currency is constantly inflating.
Don't don't forget that all of the money in the US has traces of cocaine on it along with other drugs. Bitcoin is a currency not the activity itself. Many good things have their start in nefarious plots too funny enough.
every crime can be anywhere and anytime, any criminal will commit a crime and take advantage of whatever is around them, including bitcoin. so I think. crime and perpetrators will continue to commit a crime even though bitcoin will never exist
Yes bitcoin may be the one of the currencies that is used for illegal trades such as drugs etc.But you cant change the fact that money is also used in different criminal activities and I think that most of the criminalities are using money.
if there is money of course many people will intend to use that to produce criminality and wrong deeds
One of black side of coins is criminality as now we are trading bitcoin and use it as alternative currency it can use to pay like drugs
due to its decentralization and block chain technology it can travel around the world that is the main reason I think.
One of black side of coins is criminality as now we are trading bitcoin and use it as alternative currency it can use to pay like drugs
due to its decentralization and block chain technology it can travel around the world that is the main reason I think.
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.
Actually, crime rates nowadays are quite large. Not only because of Bitcoin. But Yes, cybercrimes are increasing in rate because of our advanced-technology, criminals are also upgrading their techniques to do crimes. I do not agree that Bitcoin is the reason behind these bad happenings. This is because of us, people who live our life with full of greed and selfishness. That is why we think of doing some kind of bad act. Bitcoin is just the object. But their are a lot of cybercrimes wherein Bitcoin is not involved.
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.
Actually, crime rates nowadays are quite large. Not only because of Bitcoin. But Yes, cybercrimes are increasing in rate because of our advanced-technology, criminals are also upgrading their techniques to do crimes. I do not agree that Bitcoin is the reason behind these bad happenings. This is because of us, people who live our life with full of greed and selfishness. That is why we think of doing some kind of bad act. Bitcoin is just the object. But their are a lot of cybercrimes wherein Bitcoin is not involved.
criminals even before the entry of bitcoin has always been able to find ways in order to proliferate.
no matter what the governments will do in order to stop them from what they are doing they will always thrive.
bitcoin may have indeed contributed in some part in the increase of criminality.
but for me with or without bitcoin criminality will always arise and increase as long as the government did not find the right solution yet.
therefore i would rather blame the governments for their lack of ways to stop criminality rather than blaming it on bitcoin
no matter what the governments will do in order to stop them from what they are doing they will always thrive.
bitcoin may have indeed contributed in some part in the increase of criminality.
but for me with or without bitcoin criminality will always arise and increase as long as the government did not find the right solution yet.
therefore i would rather blame the governments for their lack of ways to stop criminality rather than blaming it on bitcoin
We can't do much about criminality connected to Bitcoin. We can't prevent such things from happening. Bitcoin isn't anonymous at all so I'm kinda suprised that criminals still use it. There are few cryptocurrencies that should be "criminals friendly" because it's nearly impossible to track them. Maybe it's because of stable Bitcoin's price?
you are right there that we really cannot prevent or do much about criminality because it is happening not just on bitcoin but in any form of exchanges and even in fiat money. Criminals will always find ways how they will going to pay or get paid - it is now the duty of the authority to catch them and think of bitcoin as its general use and not focus on how criminals will going to use it.
I think right now the use of bitcoin is mostly used for something natural, although there are some people who use this opportunity to commit crime using bitcoin, such as buying drugs, and other types of illegal crimes. this is indeed one of the shortcomings of bitcoin, the person do this because bitcoin transactions are anonymous in which we can not know who is doing the transaction so they feel safe because the police will be very difficult to find them. but I think there are many positive things that can I do with bitcoin and I am trying not to commit a crime with my bitcoin.
We can't do much about criminality connected to Bitcoin. We can't prevent such things from happening. Bitcoin isn't anonymous at all so I'm kinda suprised that criminals still use it. There are few cryptocurrencies that should be "criminals friendly" because it's nearly impossible to track them. Maybe it's because of stable Bitcoin's price?
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