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Topic: Criminality and Bitcoin - page 73. (Read 31307 times)

copper member
Activity: 463
Merit: 251
July 12, 2017, 11:02:17 PM
Bitcoin has been created for man welfare.So everyone should don't abuse this coin.
hero member
Activity: 1190
Merit: 534
July 12, 2017, 10:53:11 PM
It is not right.Bitcoin is just a online currency. If anyone used it illegally then it's their fault not bitcoin forum.After all before created bitcoin there were also crime. Yes,nowadays,cyber crime has increased so much but it is not for bitcoin.But they are using bitcoin for save or transfer money.But bitcoin has created for earning money by investing money for man's income.So it's not bitcoin fault. This is a bullshit accused against bitcoin.I will advice the police to catch those crimal but don't accuse the bitcoin.

Bitcoin is a better than fiat system so naturally everyone, (I repeat everyone) would use it to take benefits of it. We should not ignore the fact that criminals might be using bitcoin today and governments might use this aspect to restrict bitcoin but again, it would affect the usage of bitcoin which is used for non-criminal activities (i.e - legal activities) and it won't restrict the illegal users of bitcoin as it is fairly impossible to ban bitcoin completely.
member
Activity: 112
Merit: 10
July 12, 2017, 10:24:01 PM
Is caused by the large number of people who think that Bitcoin is anonymous, when in fact Bitcoin is so opposed to it - all transactions Bitcoin transparent and everyone in the world can see the ongoing Bitcoin transaction. 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 true.
sr. member
Activity: 756
Merit: 268
July 12, 2017, 09:44:52 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.
This is the kind of reasons that why the government can't approved bitcoin to be a legalize currency because some people use bitcoin for there criminal activities which is sad to think that people is really thinking about bitcoin as a scam because of this people who are doing bad things.
hero member
Activity: 896
Merit: 521
July 12, 2017, 07:56:18 PM
Any new technology is always first used by criminals. For example, cell phones, internet and paypal. There is nothing new in that. Cyber cells always finds a way to tackle it as those technology are required and can't be eliminated on the basis of criminality.

Regarding, bitcoin being used in criminal activities. It is not more of advantage than any other currency. Any currency can easily facilitate crime. It is just like people usually connect it with black market and criminal activities because of initial records (specially those who have never used bitcoin really and live on the news).

Why people forget that Bitcoin is pseudonymous and not anonymous. All of your transactions will always be there on blockchain and that too on open ledger which is accessible to law enforcement agency regardless of borders or any law. Bitcoin is still new and cyber cells are still learning about it. They will improve with time.

More the people will learn about bitcoin, they will get to know how bitcoin is more useful to cops than to criminals.
sr. member
Activity: 979
Merit: 258
July 12, 2017, 06:55:53 PM
It is not right.Bitcoin is just a online currency. If anyone used it illegally then it's their fault not bitcoin forum.After all before created bitcoin there were also crime. Yes,nowadays,cyber crime has increased so much but it is not for bitcoin.But they are using bitcoin for save or transfer money.But bitcoin has created for earning money by investing money for man's income.So it's not bitcoin fault. This is a bullshit accused against bitcoin.I will advice the police to catch those crimal but don't accuse the bitcoin.
People always stereotyping it. We cant  teach people on when they will use bitcoin and where do they must need it but as bitcoin earners we must use it a good way and help each other to help bitcoin to have a good image for everyone in that case it will easy for the govt to legalize it worldwide.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
July 12, 2017, 05:17:50 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.
Also criminality has not raised because of bitcoin or any technology in particular, governments were the ones responsible for the growth of crime, now organized crime is more powerful than ever and even if they are able to catch a few of the leaders, those organizations keep flourishing under new leadership and governments are trying to blame bitcoin and other technologies when it was them that failed.
full member
Activity: 448
Merit: 100
CRYPTOCITIZEN $CCASH
July 11, 2017, 09:29:10 PM
It is not right.Bitcoin is just a online currency. If anyone used it illegally then it's their fault not bitcoin forum.After all before created bitcoin there were also crime. Yes,nowadays,cyber crime has increased so much but it is not for bitcoin.But they are using bitcoin for save or transfer money.But bitcoin has created for earning money by investing money for man's income.So it's not bitcoin fault. This is a bullshit accused against bitcoin.I will advice the police to catch those crimal but don't accuse the bitcoin.
sr. member
Activity: 700
Merit: 275
July 11, 2017, 09:01:27 PM
Not all criminal activities can be linked with Bitcoin
Bitcoin cannot be used with any kind of criminal activities
But we can can agree that with the use of Bitcoins, those who are into ransom has increased their chances of not blowing up their cover.
Those who use money as payment to drugs, gun smuggling can use Bitcoin to pay and remain unknown
However, not every criminal in this world are into this kind of technology, keep in mind that there are more small time criminals out there that those who are big time and small time ones prefer cash and fast money.


I hardly believe criminals would want keep their money in the form of bitcoin or want to get paid in the form bitcoin. They don't have that much patience and they will never ever risk a dime loosing into fees, confirmations and all the huddled. Lols. I barely think criminals would want to trade in bitcoin payment as they will have big question on what answers to be given to government when they convert it into fiat currency.
full member
Activity: 139
Merit: 100
July 11, 2017, 08:57:22 PM
The internet and Bitcoin are just devices that 'bad guys' and 'good people' can use to be filled with more people in the 'good people' category.
hero member
Activity: 1092
Merit: 501
July 11, 2017, 08:46:58 PM
Bitcoin is arguably a novelty that's why law enforcement against crime involving bitcoin has not received much attention. So, the criminals can still explore it. But I'm sure, sooner or later, as the number of crimes involving bitcoin increases, of course lawmakers will take action by applying new laws to ensnare the criminals.
In my country, the government pretends that bitcoin does not exist. If you become a victim of theft of bitcoins then you won't even take a police report because a theft has no price and thus is not a property. So the criminals feel quite freely when dealing with bitcoins.
This is a really lousy approach to the situation, there are many things like collectibles that at first sight may not be worth much but that are very valuable, just look at Tom Brady jersey’s, the one that was stolen after Super Bowl LI, it is just a jersey but I have read that some value that jersey at half a million dollars, bitcoin is similar, even if some think it does not have value as long as someone is willing to pay for it, then it does.
full member
Activity: 269
Merit: 102
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.
newbie
Activity: 48
Merit: 0
July 10, 2017, 09:15:08 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.
thats the dark side about bitcoin, not just bitcoin, in real life theres many ways for make criminaly and go away without get in touch.
many people thingking is bitcoin safe for doing criminality, but they are wrong, thats easy for tracking one transaction from a blockchain
sr. member
Activity: 406
Merit: 251
July 10, 2017, 08:15:04 PM
I really don't know about criminality of bitcoin wise. It is not fault of bitcoin, if bad people use bitcoin, than also see that point that good people also use the bitcoin. Bitcoin is a online currency, everyone could use it, and about the crime now criminality is here in all over the world, but not every criminal use the bitcoin.
Yes I agree with your opinion, it is not the fault of this crypto currency (bitcoin), regardless of where it depends on the users each would do with the bitcoin, some of them use for criminal transactions, but I think criminal transactions existed before The presence of bitcoin, I think bitcoin is only used as a tool to wash their money, why bitcoin can be viewed negatively by some people I think due to their limitations about bitcoin information, much can we get in bitcoin and posotif impact
sr. member
Activity: 756
Merit: 294
July 10, 2017, 08:08:45 PM
Bitcoin is the same as a drug, when a bitcoin user uses it well, then bitcoin will remain positive. Similarly when used in negative, bitcoin will be bad. Such as money laundering, payment of crime services and many other thing

It is normal and even in fiat money, it is being used for illegal transactions. It is the holder's responsibility as to how he/she is going to use it. But yes, bitcoin is prone to being used for more illegal transactions due to its anonymity compared to fiat money.
sr. member
Activity: 742
Merit: 253
July 10, 2017, 07:24:20 PM
Bitcoin is the same as a drug, when a bitcoin user uses it well, then bitcoin will remain positive. Similarly when used in negative, bitcoin will be bad. Such as money laundering, payment of crime services and many other thing
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
July 10, 2017, 04:14:56 PM
After reading the blog as you have given it doesn't shows that the bitcoin is playing a role in crime, these types of criminal activities was happening even before bitcoin. Online banking sites was hacked many times in the world this doesn't mean that banks also plays a role in crime.
Of course it was happening before bitcoin but the problem is that bitcoin made it very easy. If it was hard before btc, now more people can to own such websited and feel secure with payment. Payment is main when selling so it plays important role.

The same thing was said about the internet and now people use the internet more for legal business than crime. All technology has a "dark" side. Telephones are used to harass and exploit people, but most telephone calls are legit. Do we throw away all telephones, because a small percentage of people use it for crime? NO... The good will triumph in the end.

Do not listen to the government shills, they have reason why they want Bitcoin to fail. ^grrrrr^
True as long as the pros of a technology are above the cons then we are good, that is a technology that benefits society more than the damage it does and as such that technology should not be forbidden.
Everything has it's good and bad side, even usually things are created to change something from bad to better but people use it worngly and make everything worse.
sr. member
Activity: 756
Merit: 252
July 10, 2017, 02:50:46 PM
The same thing was said about the internet and now people use the internet more for legal business than crime. All technology has a "dark" side. Telephones are used to harass and exploit people, but most telephone calls are legit. Do we throw away all telephones, because a small percentage of people use it for crime? NO... The good will triumph in the end.

Do not listen to the government shills, they have reason why they want Bitcoin to fail. ^grrrrr^
True as long as the pros of a technology are above the cons then we are good, that is a technology that benefits society more than the damage it does and as such that technology should not be forbidden.
copper member
Activity: 1050
Merit: 294
July 10, 2017, 12:53:23 PM
After reading the blog as you have given it doesn't shows that the bitcoin is playing a role in crime, these types of criminal activities was happening even before bitcoin. Online banking sites was hacked many times in the world this doesn't mean that banks also plays a role in crime.
sr. member
Activity: 524
Merit: 250
July 10, 2017, 12:40:31 PM
Criminals will always be there, before any money, criminals are rife, criminals can not be stopped while there is life, don't blame bitcoin if criminals use bitcoin for transactions.
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