Criminality and Bitcoin - page 67. | Bitcointalksearch.org

cybersofts

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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.

One man's tool is another man's weapon.
When internet was invented some perverts introduced porn online.
And you can't blame the internet for the guys that puts porn online.
That is same thing bitcoin, you can't blame bitcoin for some criminals.
Bitcoin has more advantages than all of these negative thoughts that you lazy police have.

PokerFace3

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Quote from: carlisle1 on August 19, 2017, 12:42:51 AM

Quote from: geniabelty on August 19, 2017, 12:35:18 AM

Syndicates and Criminals are well equipped of information about Bitcoin, In which they could use to transact under the radar. Decentralization and Anonymity is an advantage for them and abuse it. They can freely do whatever they want and they are total in control of their money without the Government interfering them.

they are using this as an advantage since decentralized will help them doing their evil act but who can control it even fiat can be use in illegal activity
criminals will do what they seen an opportunity, bitcoin is currency and it will served its purpose even if criminals will use it.

Well, I have news for you then! FBI has tracked down illegal activities of Ross. He misused Bitcoins. Pathetic of him! As far as, we do not indulge ourselves in wrong deeds, we can enjoy bitcoins but now don't get the wrong idea that you are being traced also.

You see, people like Ross are the most wanted and FBI has been chasing him for years now. Nobody is gonna snatch our facilities from us until we make a wrong move first.

nuela

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Many who already use bitcoin as a crime like drugs they do and terrorism do, they abuse the anonymity feature of bitcoins to do illegal things freely. With the wrong use bitcoin then we all hrus more heart again again to people People around us.

carlisle1

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Quote from: geniabelty on August 19, 2017, 12:35:18 AM

Syndicates and Criminals are well equipped of information about Bitcoin, In which they could use to transact under the radar. Decentralization and Anonymity is an advantage for them and abuse it. They can freely do whatever they want and they are total in control of their money without the Government interfering them.

they are using this as an advantage since decentralized will help them doing their evil act but who can control it even fiat can be use in illegal activity
criminals will do what they seen an opportunity, bitcoin is currency and it will served its purpose even if criminals will use it.

geniabelty

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Syndicates and Criminals are well equipped of information about Bitcoin, In which they could use to transact under the radar. Decentralization and Anonymity is an advantage for them and abuse it. They can freely do whatever they want and they are total in control of their money without the Government interfering them.

DannaWonder

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it always depends on who uses bitcoin to be a criminal because even Fiat moneys can be use by bitcoin, only who uses it matters

mx667

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It's simple sir. The growing of technology means growing on criminality. The more resource we have to make our life better, the more resource we have to hurt each other and do bad things. Everything has a bad side and a good side, including technology and Bitcoin.

Bitcoin will make the use of cash decrease and robbery decrease. But Bitcoin also make drug dealers and gun dealers is easy to access and their transaction it's hard to track. Bitcoin will make hitman and human trafficking more dangerous and give more power.

Bitcoin, internet, computer, they are technology.

goldenchip

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Recent tracking of Mt. Gox coins through a lot of exchanges shows that Bitcoin has more potential to reduce criminality than increase it. It is enough that investigators make due use of the ledger to investigate.

millgates

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Actually by using Bitcoin then some crime can be reduced, cash will continue to be the preferred medium for criminal activity as it is more difficult to trace. All Bitcoin transactions are recorded and publicly viewable. Only the identity of transactions that can not be seen but still can be obtained with little effort.

valentin68

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yesterday it was the first time when here at bitcointalk I send a 10 USD Amazon gift card, having faith and received mo bitcoin for it (as I was promised). The same thing happened when the other payment processors were at the beginning, you were buying something and that something never arrived. Yet today, on ebay there is plenty of junk sold for good money. Bitcoin is fast and because its anonimity the criminality is higher. One can find unhonest people everywhere, but this is not a thing to report to authorities, just next time be more attentive with your money and everything will be good.

DoublerHunter

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Quote from: Zemangat on August 18, 2017, 10:00:19 PM

Many public mistakes about the use of Bitcoin by criminals, but the thought is wrong thinking. This thought is caused by the many people who think that Bitcoin is anonymous, when in fact Bitcoin is very contrary to it - all transactions Bitcoin transparent and everyone in the world can see the ongoing Bitcoin transactions. People may not be able to connect a particular individual identity to a Bitcoin transaction directly (this is why sometimes Bitcoin is also called pseudo anonymous), but if they find it, then they can see all the transactions you have done on the Bitcoin network. This is why Bitcoin is the wrong way if you use it for things that are not right.

It is still anonymous because even though all the transactions are listed and can be seen on the blockchain network then it is not still enough for you to not call it anonymous because bitcoin doesn't require our information like for personal and because of that we are very safe from exposing our profile and that is how we can be anonymous with bitcoin and also that is why the criminals are very confident to use bitcoin.

Zemangat

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Many public mistakes about the use of Bitcoin by criminals, but the thought is wrong thinking. This thought is caused by the many people who think that Bitcoin is anonymous, when in fact Bitcoin is very contrary to it - all transactions Bitcoin transparent and everyone in the world can see the ongoing Bitcoin transactions. People may not be able to connect a particular individual identity to a Bitcoin transaction directly (this is why sometimes Bitcoin is also called pseudo anonymous), but if they find it, then they can see all the transactions you have done on the Bitcoin network. This is why Bitcoin is the wrong way if you use it for things that are not right.

8Habits

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Quote from: Charot12345 on August 16, 2017, 10:35:27 PM

If there’s a greed on money there’s criminality that can happen. It is present everywhere because of the greed of the people for money. They are not contented on the money they have or they want an easy money but don’t want to work hard to earn it. Bitcoin can be earned by working hard but if you have a higher rank it can be much easier than the beginners but criminality still exist on this because of their greed.

greed is one of the many factors why people tend to do some illegal means in or der to accumulate more money than they needed to. This is really bad especially when the result of that illegal transactions would mean to harm other people's health, life, or future.

Charot12345

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If there’s a greed on money there’s criminality that can happen. It is present everywhere because of the greed of the people for money. They are not contented on the money they have or they want an easy money but don’t want to work hard to earn it. Bitcoin can be earned by working hard but if you have a higher rank it can be much easier than the beginners but criminality still exist on this because of their greed.

131tc01n

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We do not know about it, we just want to invest in bitcoin and expect a little profit. For the criminals hopefully there is a reward.

MWesterweele

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Quote from: basesaw on July 29, 2017, 02:04:33 PM

Criminals use bitcoin as payment they are relatively connected to each other. Bitcoin has a feature that is decentralized and cannot controlled by government or anyone from the position. but it is still traceable if they just effort on tracing transactions.

Yes , they are using it too. Thats the disadvantage of bitcoin now, government cannot traces transactions thats the disadvantage thats why they will not yet easily to search criminals so it is disadvantage.

Babyrica0226

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Bitcoin is an open source where majority of the individuals believers of bitcoin knows this things.
But it doesn't mean we must be scare of it, of course not! Bitcoin can be use for illegal activities if the user are one of the abusers.
But if not, most often bitcoin being use to help others not to harm anyone. And I never heard that bitcoin being use in criminality ever since I started here, I don't know in the other country if that happen.

pitiflin

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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.

Exactly why a lot of people don't use bitcoin. They are scared because they think that bitcoin is illegal and would lead them to jail. Bitcoin was created for good purposes and yet again mankind never fails to think the other way around and this time its bitcoin. So nothing can be done about the crime but at least we can make sure that we don't throw our lives in the road of crime and screw everyone who trusts us and lead them to a world of sorrow and guilt.

rchstr

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Quote from: Blackwhite69 on July 31, 2017, 10:43:25 AM

Quote from: Manuj on July 10, 2017, 09:25:58 PM

Perhaps, but the rise and fall of criminality is not really because of bitcoin per se. Criminality is everywhere dude. All things are good unless used the other way around. Bitcoin is also good just like our fiat. However, fools use them otherwise.

Agree, actually nothing to do with bitcoin Just used improperly so don't worry too much about bitcoin Wink

Again it is based on how people will use bitcoin, Bitcoin is created for easy and hassle free transactions. It is not created to do criminalities but some people used it for such activity. we cannot stop them from doing this things as bitcoin is created to do also such things.

crwth

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Quote from: Blackwhite69 on July 31, 2017, 10:43:25 AM

Quote from: Manuj on July 10, 2017, 09:25:58 PM

Perhaps, but the rise and fall of criminality is not really because of bitcoin per se. Criminality is everywhere dude. All things are good unless used the other way around. Bitcoin is also good just like our fiat. However, fools use them otherwise.

Agree, actually nothing to do with bitcoin Just used improperly so don't worry too much about bitcoin Wink

Well, maybe if you haven't think about the stuff that you can do with Bitcoin using it with different modes of payment, then you are a good person probably. It's just that, people have said it because Bitcoin could be a perfect way to launder money and transfer it anywhere with a minimum amount of fee and I think that has happened but we can never be sure. The point is, it's not Bitcoin that makes criminals, it's how criminals deal their things using Bitcoin.

Topic: Criminality and Bitcoin - page 67. (Read 31307 times)