Criminality and Bitcoin - page 77. | Bitcointalksearch.org

Renji Abarai

full member

Activity: 230

Merit: 100

Quote from: gabbie2010 on June 26, 2017, 07:28:48 AM

Before the introduction of bitcoin cybercrime exist usually western union money transfer was used in money laundering, however it is better to equip INTER POL with more sophiscated tools to check the nefarious activities of this cybercrimes rather than blaming increasing cybercrimes on bitcoins.

That's correct, in bitcoin their criminal activities is enhanced. They are adopting to modern way of sending/receiving payments. Take a look that "wannacry" online extortion,ransomware, they are using bitcoin for ransom.

mrjoy15

hero member

Activity: 868

Merit: 504

I also heard that. Even many people who complain that bitcoin is just for criminal activity users. I become frustrated that criminal activities can be linked with Bitcoin. So, this currency encouraged criminality? Could be as Bitcoin is anonymous it is a tool of criminals most choice.

alexnikon911

newbie

Activity: 6

Merit: 0

Even a terrorist has found a bitcoin weaknesses and used it to transfer their funds. People have tried to ban the technology they do not understand or what they think is harmful to them. I think in everything you can find crime, if you look good.

gabbie2010

sr. member

Activity: 2842

Merit: 326

Vave.com - Crypto Casino

Before the introduction of bitcoin cybercrime exist usually western union money transfer was used in money laundering, however it is better to equip INTER POL with more sophiscated tools to check the nefarious activities of this cybercrimes rather than blaming increasing cybercrimes on bitcoins.

Gumpfire

full member

Activity: 378

Merit: 111

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.

This what the government afraid for, that people use bitcoin for there criminal activities such as selling drugs. Maybe that's why the government don't want to make bitcoin legalize because of this people. We should remove this people for the sake of our bitcoins.

emezh10

hero member

Activity: 826

Merit: 501

Quote from: thisappointed on June 26, 2017, 01:33:45 AM

Quote from: TeamSnapshot on June 24, 2017, 12:45:25 PM

Unfortunately crime is an issue for any major currency, as we see more adoption we will also see a rise in the amount of people who use it for illegal purposes. That is nothing new. Take into consideration that the most used currency for illicit purposes is the US dollar

Yeah, that is why bitcoin is banned on some countries, people are buying illegal stuffs like drugs ang illegal firearms, so in order to prevent this things, the Goverment
banned it on some countries. But right now, in those countries, they are starting to accept bitcoin because they are witnessing how bitcoin powerful is.

Japan is one of the example of the countries who accepted bitcoin as a currency, and if I'm not wrong North Korea already accept bitcoin also.

As the other guy said all currency are guilty with that, So the banning that you said is not acceptable because that is natural that currency can buy illegal stuff bitcoin and fiat are the same only. Your opinion is very wron because they are not banning bitcoin in their country and I think no country ban the bitcoin.

thisappointed

hero member

Activity: 616

Merit: 502

Quote from: TeamSnapshot on June 24, 2017, 12:45:25 PM

Unfortunately crime is an issue for any major currency, as we see more adoption we will also see a rise in the amount of people who use it for illegal purposes. That is nothing new. Take into consideration that the most used currency for illicit purposes is the US dollar

Yeah, that is why bitcoin is banned on some countries, people are buying illegal stuffs like drugs ang illegal firearms, so in order to prevent this things, the Goverment
banned it on some countries. But right now, in those countries, they are starting to accept bitcoin because they are witnessing how bitcoin powerful is.

Japan is one of the example of the countries who accepted bitcoin as a currency, and if I'm not wrong North Korea already accept bitcoin also.

dillpicklechips

hero member

Activity: 994

Merit: 507

Criminals have gone to modernize their methods and it is not only Bitcoin that they can use hence even if we ban Bitcoin nor any other cryptocurrencies they can still develop a modernize method that's why we need to upgrade so we can follow up these criminals behind the bars in terms of law enforcement and the regulations we have. We should make the regulation that is effective and be sure to define the terms properly and no holes left behind.

GideonGono

hero member

Activity: 2086

Merit: 501

★Bitvest.io★ Play Plinko or Invest!

Bitcoin is a kind of money that cannot touch it is only for computer. Some person that has knowledge about hacking of highly security can hack the privacy of person who have a lot of money. Using bitcoin you can buy and sell some illegal products.
I read some page that "Federal Bureau of Investigation (FBI) and other law enforcement begged to differ. Ross Ulbricht, the 31-year-old American who created Silk Road, a Bitcoin market facilitating the sale of $1 billion in illegal drugs, was sentenced to life in prison in February 2015.( http://www.sciencemag.org/news/2016/03/why-criminals-cant-hide-behind-bitcoin ) " so meaning bitcoin is so very highly money that can use for criminality. Be aware of using bitcoin there some country create a law that bitcoin is illegal in their country.

Rajamuda

sr. member

Activity: 924

Merit: 255

Embarrassing of crime happened on bitcoin. bitcoin's peaking until the evil happens. This should be quickly followed up and punished appropriately. This is very embarrassing i guess, may the crime on bitcoin be quickly annihilated and hopefully will never happened again for the next.

White Christmas

sr. member

Activity: 882

Merit: 258

★Bitvest.io★ Play Plinko or Invest!

Quote from: Nevis on May 24, 2017, 12:45:52 AM

Yeah i also see some statements about this bitcoin being a cause of criminal things like drugs and terrorism,they are abusing bitcoins anonimity feature in order to do that illegal things freely

Yes criminality was connected to bitcoin. why? because bitcoin can used by anyone. We are free to do things that we want on it. And the fact that bitcoin was also a type of money this was the main cause of criminality. Criminals becomes greedy when it comes to money and we cant do anything to stop them instead the only thing we can do was to be careful.

Omega Weapon

hero member

Activity: 1092

Merit: 501

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.

That is just an excuse, bitcoin cannot increase the number of criminals or criminality is like saying that murders with hammers have gone up because people have hammers, the ones committing the crimes are people and not the tools we use, they are trying to blame this on bitcoin in order to create bad press for it and to spread FUD so people don’t use it.

squatz1

legendary

Activity: 1666

Merit: 1285

Flying Hellfish is a Commie

I'm not going to deny the fact that it probably has HELPED with opening up a new door to criminals, but I wouldn't say thats increased the criminality in places cause that's just an absurd claim to make. Think about it, criminals aren't just going to start committing crimes due to Bitcoin nor are they going to stop if Bitcoin is going to go away. They're just going to find a new medium to help them in between, and in my opinion I just think Bitcoin is one of the many minor ones that they're using.

Cash is always going to be king when it comes to this sort of thing, that's just bound to happen.

TeamSnapshot

newbie

Activity: 56

Merit: 0

Unfortunately crime is an issue for any major currency, as we see more adoption we will also see a rise in the amount of people who use it for illegal purposes. That is nothing new. Take into consideration that the most used currency for illicit purposes is the US dollar

bluefirecorp

legendary

Activity: 882

Merit: 1000

Quote from: eann014 on June 22, 2017, 02:18:15 AM

Quote from: erickkyut on June 01, 2017, 09:40:04 PM

Even without bitcoin, crime has been with the society since the beginning. It just that the criminals found a way for them to commit crimes more convenient by using bitcoin. They are using it as a mode of payments on their criminal services and by selling illegal things and bitcoin is their mode of payment.

How do you know about paying bitcoins for their illegal transactions? Do you know someone who does it for their illegal transactions? Is it really possible today that they can use bitcoin for their illegal doings? I don't think this is right; you give people some ideas to so illegal doings using bitcoins. It will be not a good reputation for bitcoin if it's possible to do.

Even if someone is making illegal transaction even it is not a something too big to be highlighted for bitcoin and make the bitcoin responsible for all these acts.
We all know it very well that the USD is the most popular currency deal by the smugglers and the underworld so, I think this discussion is just a waste of time and nothing else.

SomethingMAD

member

Activity: 94

Merit: 10

Anyone can commit a crime using anything, including using bitcoin. Because every evil there is always motive and intent. The most important is the prevention and punishment for the crime.

Dudeperfect

hero member

Activity: 1190

Merit: 534

Quote from: wxa7115 on June 21, 2017, 05:45:55 PM

Quote from: Dudeperfect on June 18, 2017, 11:32:06 PM

We must admit the fact that if bitcoin is user-friendly and better than fiat system then the benefits are not only limited to the legal users but also to the illegal users (those who are involved in illegal activities). In the coming future, we must address this issue in order to maintain the goodwill of the bitcoin. The governments will have a concrete reason to put the ban on using bitcoins under the sun and it will badly affect the (the users who are using it for normal/legal activities).

That is the excuse they will try to use, but it is going to fail if the will of the people wants bitcoin, just look at marijuana it is illegal but slowly the will of the people is changing the laws in several states and countries and the same is going to happen with bitcoin.

Well, the main thing that the government will seek is the control on the network and wealth and since Bitcoin is something that is beyond the control, they will try to somehow seek share from it in the way of taxes of tax or something like it. (I am not against taxes but the control and compromise in the privacy). We might see some major countries will legalise Bitcoin in next few years (they should do it imo) and it will help us to build the cryptocurrency friendly infrastructure and environment without affecting the core values and principles of this technology.

FasTroy

sr. member

Activity: 434

Merit: 250

Quote from: kuyaJ on June 22, 2017, 03:07:19 AM

Scam, scam is a kind of criminality. Every person who know about bitcoin is more being obsessed of how he/she get a bitcoin. So more people nowadays, want money with easy of doing they didn't care if they do bad or good they only want is to become richer than anyone.

You are right, People do shitty ways to scam people and steal them. Scam it's one of worst things, and the bad thing, that there is a lot of people want to use this method of getting money, They just want easy money, It's a bite different that easy, It's peoples money. shame on them to doing that.

el kaka22

legendary

Activity: 3654

Merit: 1165

www.Crypto.Games: Multiple coins, multiple games

Quote from: Harlot on June 22, 2017, 03:09:39 AM

Honestly in my own view to that kind of matter os that we can't avoid it. Criminals will always find a way to take advantage of something in this case it is the security and privacy of Bitcoin. Now it is not Bitcoin's fault because Bitcoin is not built for criminal activities in the first place. Yes statistics show the use of Bitcoin but the government should do something else in order to lessen it aside from banning something.

Yes, it is not up to the Bitcoin or any other currency. In every era there have been good and bad people the bad people will make their ways to the crime in any case because they have come up with a criminal mind. No matter what ever the medium may be the criminals will commit the crime because of their choice so we can’t make the Bitcoin guilty of the illegal or criminal activities.

Harlot

hero member

Activity: 1806

Merit: 672

Honestly in my own view to that kind of matter os that we can't avoid it. Criminals will always find a way to take advantage of something in this case it is the security and privacy of Bitcoin. Now it is not Bitcoin's fault because Bitcoin is not built for criminal activities in the first place. Yes statistics show the use of Bitcoin but the government should do something else in order to lessen it aside from banning something.

Topic: Criminality and Bitcoin - page 77. (Read 31307 times)