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Topic: Criminality and Bitcoin - page 55. (Read 31307 times)

legendary
Activity: 1386
Merit: 1001
October 09, 2017, 04:13:50 PM
Fiat currencies is already used for criminality and illegal purposes a lot more than Bitcoin, and its used for this reasons even before the Bitcoin's creation. So we can't link the Bitcoin or crypto currencies with criminality just because its a decentralized currency.
The most part of criminals and scammers are using fiat mainly to complete their transactions.
full member
Activity: 518
Merit: 100
October 09, 2017, 04:00:18 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.
Hello all!!! On my opinion it is a nonsense because a lot of people use bow fishing arbalet for fishing and on this logical its crime also because it can be use against people! They need stop sell cars because some people kill a lot of people on the street because of their religious belief! Problem is not in bitcoin! You know...
full member
Activity: 448
Merit: 140
October 09, 2017, 03:37:11 PM
Criminality  use bitcoins. in my country  drugs are sold  by bitcoins.  also remember one story - huckers  destroyed some goverment websites and asked payment in bitcoin
newbie
Activity: 44
Merit: 0
October 09, 2017, 12:19:52 PM
Everything has two kind of face both good and bad. Bitcoin also has two kind of face good and bad depends upon its use. Criminality not a big matter. ever criminal wants its money transfer process in a secure way so they choose bitcoin.
full member
Activity: 258
Merit: 100
October 09, 2017, 12:03:04 PM
Almost every phenomenon or article of the material world can be used in criminal aims. So, for example, an ordinary kitchen knife or even fork can be used for a damnification to the man, However, it quite not means that these objects it is possible to forbid and eliminate from a turn. Therefore and cryptocurrency can be used as with good intentions so in criminal aims. From it it is impossible to accuse cryptocurrency, that she assists the increase of criminality. Her disposes of and uses foremost man. Exactly he is responsible for any operations with cryptocurrency.
member
Activity: 112
Merit: 10
October 09, 2017, 11:41:48 AM
I think it's just a problem to drop the bitcoin. So far we have known many other coins or other methods that have a higher intensity of criminality. but they never mentioned it.
That's not really the case, indeed, there are other Altcoins involved in criminal activities and accepted in Dark net markets. However, Bitcoin was the first cryptocurrency, hence the first one to be involved into the Darknet.

You are right. So why would we ban illegal usage of Bitcoin. Even if we managed to somehow do it, crimanls would switch to another anonymous cryptocurrency (for example Monero). Criminals may choose it because it's fairly stable and the price has been increasing in the past years. If I were such person, I would also use Bitcoin.
hero member
Activity: 1680
Merit: 845
October 09, 2017, 11:33:38 AM
I think it's just a problem to drop the bitcoin. So far we have known many other coins or other methods that have a higher intensity of criminality. but they never mentioned it.
That's not really the case, indeed, there are other Altcoins involved in criminal activities and accepted in Dark net markets. However, Bitcoin was the first cryptocurrency, hence the first one to be involved into the Darknet.
full member
Activity: 180
Merit: 100
October 09, 2017, 11:07:20 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.

My teacher always tell me: correlation is not = to causation. Those countries are highly urbanized. This metropolitan areas are subjected to high rate of crimes. They are also the first ones to adapt in the progress of tech. For me, it's just a misconception since some people don't like bitcoins because of it's participation in illegal online transactions.
sr. member
Activity: 756
Merit: 294
October 09, 2017, 10:33:19 AM
I think it's just a problem to drop the bitcoin. So far we have known many other coins or other methods that have a higher intensity of criminality. but they never mentioned it.

Just like a tree that bears lots of fruits, it will be the subject of looting or in the case at bar, a subject of bitcoin critics. Those critics don't use their mind that even with fiat money, illegal transactions are also prevalent. Criminals have many ways to use whether fiat or bitcoins with their illegal transactions.
hero member
Activity: 900
Merit: 500
October 08, 2017, 09:04:57 AM
I think it's just a problem to drop the bitcoin. So far we have known many other coins or other methods that have a higher intensity of criminality. but they never mentioned it.
hero member
Activity: 826
Merit: 502
October 08, 2017, 09:00:43 AM
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.
full member
Activity: 291
Merit: 101
https://icoenergy.org/
October 08, 2017, 06:26:51 AM
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.
full member
Activity: 952
Merit: 104
October 08, 2017, 06:02:40 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.

bitcoin use of criminals do you believe you are here in bitcoin for the bad intention i think people here in bitcoin industry the goal is to get better life for the good way of earning but without bitcoin criminal are always criminal fiat money are also can use for criminality using the money transfer for online banking so there have nothing defference bitcoin or fiat using for criminality.
hero member
Activity: 574
Merit: 500
October 08, 2017, 05:45:16 AM
The problem with criminality is that the bigger fishes are remaining to be immune to any persecution from governments.

And those does not have to remain very anonymous. The problem for the country are the small criminals and those use the btc. So it is more like a fight with a small criminality and not big that uses bank anonimity like with panama scandal.
newbie
Activity: 36
Merit: 0
October 08, 2017, 03:02:53 AM
Bitcoin is new sort money.transactions can do any individual with out first names,here we have possibility of criminality. here sending and receiving bitcoins to anybody by way of the handle,some a single overlook direct this for decentralized facility.
newbie
Activity: 45
Merit: 0
October 07, 2017, 03:49:47 PM
Several criminals these kinds of as terrorism and illicit drugs, they started to use the anomaly attribute of bitcoins to illegally and spreading them.
hero member
Activity: 2590
Merit: 644
October 06, 2017, 10:39:28 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.

People who do not understand Bitcoin may think is has to do with criminals because increased anonymity is one of its aspects.  What these same people do not understand is that it is even more useful to non criminals. 
That is right, it is more useful for the people who are not criminals because if you will have a chance to work in bitcoin then the people will realize that bitcoin is not always into bad things because it offers a lot of opportunities that they can grab to earn and change the way of their life and be rich in shorter time than the usual way of getting rich.
full member
Activity: 196
Merit: 100
October 06, 2017, 07:27:29 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.

People who do not understand Bitcoin may think is has to do with criminals because increased anonymity is one of its aspects.  What these same people do not understand is that it is even more useful to non criminals.  
full member
Activity: 168
Merit: 100
October 06, 2017, 07:25:02 PM
I don't believe that criminal are criminal because of bitcoin. Criminal likes to use bitcoin because things we like about bitcoin like anonymity, decentralization and low fees.
full member
Activity: 378
Merit: 100
October 06, 2017, 07:17:06 PM
because of this issues ICOs has been banned by several country now. It gonna rise issues about ICOs funded the terrorist also. Look like not all peoples doing a good thing. That why now some country very strict about ICOs now. For me this is a must do by any country.

I am not sure but i think that the only reason why they banned bitcoin in other countries is that, Bitcoins are being used in illegal transactions like drugs laundering or the currency of the current country is being affected by the bitcoin that's why their government is not allowing it.
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