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Topic: Criminality and Bitcoin - page 62. (Read 31307 times)

sr. member
Activity: 826
Merit: 250
Bitgesell (BGL) Decentralized Cryptocurrency!
September 10, 2017, 01:31:11 PM
I am not sure about this.i am heard some days ago some hacker destroy windows system and want to 3 btc for solve this problem.Bitcoin not ideanty any people  o many people use for criminal transaction for using bitcoin.Bitcoin is now most valuable coin in cryptopia currency.so every one know this.If any one doing transaction for crime used bitcoin its is not fault for bitcoin.Bitcoin is easy and securied transaction in blockchain technology.So I think bitcoin try to proper step who use bitcoin for tnere bad purpose.
full member
Activity: 223
Merit: 105
Utrum OOT
September 10, 2017, 12:17:11 PM

This may have some effect on the market today:

https://hothardware.com/news/equifax-hackers-demand-bitcoin-ransom
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
September 10, 2017, 12:10:14 PM
Criminal usage of Bitcoin is very minimal, and I like the way the US authorities is cracking down on the dark net
how sure you are that bitcoin is just use in minimal criminalities? as we knew that even hackers and terrorist already exist inside the crypto industry
just look how the ransom ware make such an impact with those big companies? though we are not happy with that but its been really use in both
good and bad practices.
newbie
Activity: 39
Merit: 0
September 10, 2017, 12:04:25 PM
Bitcoin is arguably a novelty that is why regulation enforcement towards crime involving bitcoin has not acquired much focus. So, the criminals can even now check out it. But I'm certain, quicker or later, as the number of crimes involving bitcoin increases, of system lawmakers will take motion by applying new rules to ensnare the criminals.
newbie
Activity: 39
Merit: 0
September 10, 2017, 07:28:35 AM
Criminal usage of Bitcoin is very minimal, and I like the way the US authorities is cracking down on the dark net
hero member
Activity: 1316
Merit: 502
September 10, 2017, 07:01:50 AM
actually, before the existence of bitcoin, criminality in the virtual world is already very much happening, but with the bitcoin is increasingly becoming a big chance for criminals to act, examples of the biggest things such as drug trafficking, weapons, women, and children. but not only that, people like state officials or other wealthy people can use bitcoin as a money laundering place

Criminals will always have many ways to get through all of their transactions - whether that would be with bitcoin, other altcoins, and fiat money. They are wise and even without bitcoins or not, the transactions will still go on. We should not then focus on the negative side but on the positive side of bitcoin that helps many people using it.
Yeah, criminals have a lot of ways but most of the ways are not so safe with them, however, since the bitcoin came out, all transactions of crime took place more safely and never fear of being detected by police. Bitcoin is actually a good tool to help criminals make their offenses easier but I can not deny the impact of bitcoin on us, it gives us a better economic source, we should be grateful it. Everything has two good and bad sides to help society balance, we need to accept that
sr. member
Activity: 756
Merit: 294
September 10, 2017, 06:09:52 AM
actually, before the existence of bitcoin, criminality in the virtual world is already very much happening, but with the bitcoin is increasingly becoming a big chance for criminals to act, examples of the biggest things such as drug trafficking, weapons, women, and children. but not only that, people like state officials or other wealthy people can use bitcoin as a money laundering place

Criminals will always have many ways to get through all of their transactions - whether that would be with bitcoin, other altcoins, and fiat money. They are wise and even without bitcoins or not, the transactions will still go on. We should not then focus on the negative side but on the positive side of bitcoin that helps many people using it.
full member
Activity: 756
Merit: 100
September 10, 2017, 02:55:28 AM
actually, before the existence of bitcoin, criminality in the virtual world is already very much happening, but with the bitcoin is increasingly becoming a big chance for criminals to act, examples of the biggest things such as drug trafficking, weapons, women, and children. but not only that, people like state officials or other wealthy people can use bitcoin as a money laundering place
sr. member
Activity: 756
Merit: 294
September 10, 2017, 02:46:15 AM
Bitcoin can help many people. One of the main reason for criminality is money. Even the bitcoin involves money it is not the source of criminality because criminality is from the greed of people. People can earn from bitcoin that needs hard work but because of greedy people and who want to get rich instant then they can do wrong and criminality can happen.
I think these are the two things, because bitcoin is a secure source of money, and the people with criminal mind may be never stole a currency which has no physical existence. Criminal people mostly want cash and go away, but here is not the case of their choice. It will be very difficult for criminals to steal someone bitcoin wallet. So I think bitcoin and criminality are the two different things.

It is safe unless you give away your bitcoins to criminals. But on the other hand and on the other view - criminals will going to steal any bitcoins but will going to use it to pay and received bitcoins in exchange for their criminal transactions and criminal proliferation.
legendary
Activity: 1442
Merit: 1025
September 09, 2017, 10:17:45 AM
Bitcoin can help many people. One of the main reason for criminality is money. Even the bitcoin involves money it is not the source of criminality because criminality is from the greed of people. People can earn from bitcoin that needs hard work but because of greedy people and who want to get rich instant then they can do wrong and criminality can happen.
I think these are the two things, because bitcoin is a secure source of money, and the people with criminal mind may be never stole a currency which has no physical existence. Criminal people mostly want cash and go away, but here is not the case of their choice. It will be very difficult for criminals to steal someone bitcoin wallet. So I think bitcoin and criminality are the two different things.
sr. member
Activity: 553
Merit: 250
September 08, 2017, 10:39:09 PM
According to irrelevant linking criminality with bitcoin, before there is bitcoin of course transaction crime has also been rife. many people are saving money to safer and tax-free foreign banks.
legendary
Activity: 2576
Merit: 1860
September 08, 2017, 09:55:19 PM
The article isn't saying that Bitcoin is increasing criminality though. It's saying that Bitcoin is playing an increased role in criminality.

That being said, I don't think Bitcoin is to blame for any rise in cybercrime. It plays a factor, providing an easier form of payment collection, but even if it didn't exist, criminals will find a way as they always do. It is kind of sad that Bitcoins is associated with crime though.

It is sad indeed. But considering the fact that almost all kinds of things are actually associated with crime one way or the other, there is no necessary labeling of what is really a tool for crime. Bitcoin is the same with all fiat currencies around the globe. Criminals choose what they are comfortable using. It so happened that some of them prefer bitcoins.
hero member
Activity: 1834
Merit: 759
September 08, 2017, 09:43:09 PM
The article isn't saying that Bitcoin is increasing criminality though. It's saying that Bitcoin is playing an increased role in criminality.

That being said, I don't think Bitcoin is to blame for any rise in cybercrime. It plays a factor, providing an easier form of payment collection, but even if it didn't exist, criminals will find a way as they always do. It is kind of sad that Bitcoins is associated with crime though.
hero member
Activity: 868
Merit: 500
September 08, 2017, 09:36:01 PM
Since bitcoin borned and raised some sucess authorities used bitcoin to say all criminals and bad things just happen at bitcoin due to be pseudo anonymous protecting the buyer and the seller. Its funny fiat does have the same problems and till today they arent able to stop neither control the big traffic over the world using fiat, but the only one bad is bitcoin because is new isnt supported by the most countries. Sure recently some hackers had focus into cyber attacks and asking bitcoin as payment but before they do the same attacks and ask for fiat, for me nothing changed but banks and politician wanna to make bitcoin to be the only bad currencie.
full member
Activity: 696
Merit: 100
September 07, 2017, 11:17:11 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 it depends on which country you belong. In Europ and Uk they are so advance there and many people are really knowledgeable there about computer and gadgets, they can easily do cybercrimes like hacking because they have a lot of knowledge and they are advance. Unlike here in the Philippines many people are ignorant and lack of skills and knowledge about computer thats why Philippines are not good on cybercrimes. Bitcoin here make criminality lesser because bitcoin here gives job and business.
sr. member
Activity: 658
Merit: 252
September 07, 2017, 11:14:51 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.

Of course bitcoin can increased the number of ongoing criminal stuff in countries. Because , Bitcoin transaction and trading cannot be traced properly . For that reason, Terrorist organisations and other criminal must use bitcoin for their horrible actions. According to me, Bitcoin transaction must be controled by legal forces for the sake of innocent people.
sr. member
Activity: 952
Merit: 323
September 07, 2017, 11:14:22 PM
well dude, some people use advantage of bitcoin to do crime or any illegal activities.
bitcoin is anonymous currency which everyone can use it without submit real identity. so they (peoples in crime) think it's an opportunity to hide their crime.
full member
Activity: 952
Merit: 108
1xBit recovered their reputation
September 07, 2017, 11:02:31 PM
Terrorist activities have happened before the creation of bitcoin.
This is true that It is now easier to make payments through bitcoin.
If people want they can use it for well moreover they Can also use it for bad purposes too.
full member
Activity: 182
Merit: 100
September 07, 2017, 10:47:49 PM
You have to remember that many people also use dollars, euros, pounds, etc. for malicious purposes....the problem is not with the currency, is with the criminals and people who use it for the wrong things... they will find ways to do it, no matter which currency is offered.
full member
Activity: 336
Merit: 100
September 07, 2017, 10:26:01 PM
All criminals are took any currency for there criminality.So
It does not make any sense to blame Bitcoin.At present Bitcoin transaction is very big.But how many bitcoin criminals transactions, it's no way to understand.
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