Criminality and Bitcoin - page 59. | Bitcointalksearch.org

8Habits

sr. member

Activity: 756

Merit: 294

Quote from: jonatuzc on September 27, 2017, 01:17:54 AM

Quote from: Succurs on September 14, 2017, 05:21:13 AM

Bitcoin is the identical as a drug, when a bitcoin person makes use of it properly, then bitcoin will continue to be good. Likewise when used in damaging, bitcoin will be bad. This kind of as cash laundering, payment of criminal offense services and a lot of other point

Wherever there is money there will always be evil following it. As we see bitcoin and its progress, surely there will be many people who are jealous of it and many corrupt people will try and shut it down illegally.

Plus hackers these days are so advanced that they will try and hunt down bitcoin. We need to be careful about it.

the current price of bitcoin and its promising increase in the near future actually lures both good and bad holders of bitcoin. There will always, and we cannot get away with it, people that will transact illegal transactions using bitcoin just like using fiat money.

jonatuzc

hero member

Activity: 854

Merit: 501

Quote from: Succurs on September 14, 2017, 05:21:13 AM

Bitcoin is the identical as a drug, when a bitcoin person makes use of it properly, then bitcoin will continue to be good. Likewise when used in damaging, bitcoin will be bad. This kind of as cash laundering, payment of criminal offense services and a lot of other point

Wherever there is money there will always be evil following it. As we see bitcoin and its progress, surely there will be many people who are jealous of it and many corrupt people will try and shut it down illegally.

Plus hackers these days are so advanced that they will try and hunt down bitcoin. We need to be careful about it.

8Habits

sr. member

Activity: 756

Merit: 294

Quote from: ?? on ??

Quote from: Jose Mourinho on September 22, 2017, 06:11:40 PM

It all depends on somebody, without bitcoin criminality is massive, I think this is not wrong bitcoin system, because bitcoin is just object. if anyone uses bitcoin for the crime then we should report it to the police.

How would you find out who has committed a crime? How would you prove that this person is the owner of bitcoin address? We can't do much about it. Higher demand = higher price, bitcoin is already associated with ransoms. Think about criminals who started using bitcoin 6 years ago. Image how rich they must be, probably they aren't. Why? Because they might cashed out and bought some drugs for it.

Even with fiat money, people can use them freely for any illegal transactions it is still the same with bitcoin. So there is really nothing new about it and it is quite obvious that it is easier to use bitcoin for any criminal or illegal transactions, however, this must not deny the fact the original purpose of the creation of bitcoin which is freedom to use and transact online without any government regulations.

Tim2412

full member

Activity: 448

Merit: 100

I belive in it that criminal use bitcoin, in ukrain goverment networks like post banks networks were hucked by huckers and they demand money in bitcoin, also a lot of ukrainian goverment representatives keep money in bitcoin to avoid taxation.

virtualhero

member

Activity: 161

Merit: 10

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.

Whether you use bitcoin or fiat, criminal will use it. Bitcoin or even fiat is like a "knife". You can use it to cut vegetables and meat to prepare a nice dish or you can use it to cut a throat to kill a person.

GoodLuck2

sr. member

Activity: 630

Merit: 251

Quote from: uelque on September 24, 2017, 07:21:01 AM

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.

Don't be to surprise, everything in our world was made with advantages and disadvantages, so does Bitcoin. This just shows how many opportunist are out there that we should be careful of. And I don't believe that bitcoin increases numbers of criminality, because many criminals exist without bitcoin being existed. So they remain criminals before and after, the only problem is that bitcoin was used by them as a tool to support their illegal doings. Which is one disadvantage of bitcoin.

It is really good to have the thinking like you, you are right now the positive and the negative things often happen. The bitcoin is growing as the time passing. Bitcoin is famous among the good and the bad at the same time so it is not impossible to say that to use bitcoin as the criminality but we cannot blame the bitcoin for this because bitcoin is also being use for the noble deeds also as some NGO are taking the funds and the charity as the bitcoin.

uelque

full member

Activity: 812

Merit: 126

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.

Don't be to surprise, everything in our world was made with advantages and disadvantages, so does Bitcoin. This just shows how many opportunist are out there that we should be careful of. And I don't believe that bitcoin increases numbers of criminality, because many criminals exist without bitcoin being existed. So they remain criminals before and after, the only problem is that bitcoin was used by them as a tool to support their illegal doings. Which is one disadvantage of bitcoin.

8Habits

sr. member

Activity: 756

Merit: 294

Quote from: rivoke on September 24, 2017, 01:58:56 AM

Quote from: Pressessidow on September 24, 2017, 12:08:36 AM

Bitcoin is the same as a drug, when a bitcoin consumer employs it effectively, then bitcoin will remain good. Equally when utilised in negative, bitcoin will be negative. This sort of as funds laundering, payment of crime services and many other factor

That's why my government still forbid bitcoin usage but luckily I can still use my bitcoin without being fear getting jail since there is no regulation yet on my country.
Sometimes it also difficult to introduce for my friend about bitcoin since they heard bitcoin in negative way

Well, that is really the beauty of bitcoin and how it was made in the first place - to be like a revolution and there is freedom from government regulations. Hence, even if any government ban bitcoin, its residence can actually still use it because the transaction is done online and there is just freedom to how the holder will going to use it.

rivoke

legendary

Activity: 924

Merit: 1006

Quote from: Pressessidow on September 24, 2017, 12:08:36 AM

Bitcoin is the same as a drug, when a bitcoin consumer employs it effectively, then bitcoin will remain good. Equally when utilised in negative, bitcoin will be negative. This sort of as funds laundering, payment of crime services and many other factor

That's why my government still forbid bitcoin usage but luckily I can still use my bitcoin without being fear getting jail since there is no regulation yet on my country.
Sometimes it also difficult to introduce for my friend about bitcoin since they heard bitcoin in negative way

millgates

sr. member

Activity: 714

Merit: 250

Quote from: jsscswan on September 22, 2017, 05:54:41 PM

Yes I believe bitcoin is used some for criminal activity. But I resist the bitcoin affecting the increase in criminality in some countries. I think bitcoin makes it easy for criminal activities without any casualties, like the example is Silk Road. The Silk Road site bridges buyers and sellers with no casualties killed in gang fighting.

Every currency have been used for criminality, the law enforcement officer were panicking when bitcoin first emerged. They think that bitcoin is dangerous and made it harder for them to do their job. But now, FBI said that investigators can follow the money. So, when law enforcement can handle bitcoin / understand how bitcoin works, then the crime rate can be reduced.

Pressessidow

newbie

Activity: 56

Merit: 0

Bitcoin is the same as a drug, when a bitcoin consumer employs it effectively, then bitcoin will remain good. Equally when utilised in negative, bitcoin will be negative. This sort of as funds laundering, payment of crime services and many other factor

DoublerHunter

hero member

Activity: 2590

Merit: 644

Quote from: Jose Mourinho on September 22, 2017, 06:11:40 PM

Quote from: ?? on ??

I don't mind people using Bitcoin for criminality, fiat is also used for it and we can't do anything about it at all. The goverments are trying to force us to switch to online banking because they would be able to control all the payments. We can't ban illegal usage of bitcoin because it is not possible. Even if we managed to do it, they would switch to another cryptocurrency which could be more anonymous than bitcoin.

It all depends on somebody, without bitcoin criminality is massive, I think this is not wrong bitcoin system, because bitcoin is just object. if anyone uses bitcoin for the crime then we should report it to the police.

We cannot tell if someone is doing illegal things with bitcoin because it is an online currency and the criminals are smart enough to not become obvious in doing illegal transactions because you can see that they are mostly doing it underground or in the black market so even the police will be reported of criminality with bitcoin then they can't still find the criminal because of the anonymity of bitcoin.

Jose Mourinho

sr. member

Activity: 585

Merit: 250

PredX - AI-Powered Prediction Market

Quote from: ?? on ??

I don't mind people using Bitcoin for criminality, fiat is also used for it and we can't do anything about it at all. The goverments are trying to force us to switch to online banking because they would be able to control all the payments. We can't ban illegal usage of bitcoin because it is not possible. Even if we managed to do it, they would switch to another cryptocurrency which could be more anonymous than bitcoin.

It all depends on somebody, without bitcoin criminality is massive, I think this is not wrong bitcoin system, because bitcoin is just object. if anyone uses bitcoin for the crime then we should report it to the police.

jsscswan

full member

Activity: 266

Merit: 100

Yes I believe bitcoin is used some for criminal activity. But I resist the bitcoin affecting the increase in criminality in some countries. I think bitcoin makes it easy for criminal activities without any casualties, like the example is Silk Road. The Silk Road site bridges buyers and sellers with no casualties killed in gang fighting.

i287853

member

Activity: 93

Merit: 10

Bitcoins pressumed anonymity makes it very appealing or popular for illegal activities. Payments for illegal transactions is easier if done through bitcons as names will not be attached to the actual transactions. However, the actual exchange of products are still done physically. Hence, the use of bitcoins in illegal activities can be considered as a minimal factor in law enforcement.

bitcoindusts

sr. member

Activity: 1092

Merit: 271

Crimes had been increasing even without Bitcoin. I do not think that Bitcoin encourages the growth of crimes and illegal activities. I also think government had been mislead by this anti Bitcoin group into thinking that Bitcoin is the reason why illegal activities like fraud and money laundering increase. If they only knew bitcoin is so transparent that moving even a single satoshi is recorded in the blockchain.

Melquart

full member

Activity: 168

Merit: 100

Criminality is older then bitcoin. Maybe it just make transaction anonymous and easier for them. But they will not quit criminality if bitcoin banned or controlled.

Wilout

newbie

Activity: 16

Merit: 0

Following looking through the blog as you have given it isn't going to shows that the bitcoin is taking part in a position in crime, these types of felony pursuits was happening even just before bitcoin. On-line banking web sites was hacked a lot of times in the globe this will not imply that banking companies also performs a function in criminal offense.

bazar111

full member

Activity: 504

Merit: 100

Its just looks like " If I donnot sell narco to this guys , it will make someone else".

Hishand

newbie

Activity: 41

Merit: 0

The thing that genuinely strikes the temptation button in the brain of a legal is the thought that they can be hidden in cryptography, properly veiled (they feel) from legislation enforcement and many others. Â So it isn't genuinely BITCOIN making criminal offense, it is just than felony - minded people like to conceal. Â

Topic: Criminality and Bitcoin - page 59. (Read 31307 times)