Topic: Criminality and Bitcoin - page 78. (Read 31307 times)

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.

Old truth - if something could be used to exploit people or to cheat others, or could be stolen or used in a fraudulent will - there will be people who will always take advantage.
Bitcoin is not some holy payment method which can be only used by good men. It is the currency for people who think - there is no chargeback or PayPal dispute here.
Just don't pay attention to overreaction from mass media, they like to exaggerate every negative aspect of BTC, just to gain more views and attention.

Anonymity is a thing for criminals and bitcoin can give it to them, but it doesn't mean that you are perfectly anonymous. You can still be tracked the reason why many criminals are caught whose using bitcoin, even the silk road was shut down. We can't stop these people use bitcoin with their illegal acts, but I think without these illegal acts, bitcoin is not that used and have a low price.

As bitcoin was used much for criminal activities in the past, people believe that bitcoin usage will get them into trouble. This needs to change, because these days usage of criminal activities have decreased a lot and more has started to invest into bitcoin as an investment.

I really believe in that thing,such crimes on different currencies wether its fiat or cryptocurrencies all illegal statements and activities are always involve for sure,they are free where they can spent their money or bitcoins

There is already criminals that are using bitcoin to pay things or services that has been done by illegal process. Bitcoin has anonymity and that is one of the advantage and also disadvantage and it is just depending in the situation like here, it is an disadvantage because a lot of criminals are taking advantage of it to use in transacting illegal things.

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.

In terms of pornography yes i must say that bitcoin is one of the major reason why this is getting bigger on the market especially the child pornography which is an obvious crime

Bitcoin is really a thing in criminality because it is all about money and what we all know some illegal transactions can be done easily online witout having a trace no doubt that it is really a perk in terrorist and we know that it is already being use.

Not wrong... Criminality and Money laundering exist in every part of our daily lives. This means it's normal happening in bitcoin community and transfers as well.

I think all the major exchanges are taking these things seriously ,as they are strict about KYC and other verification and with the new regulations coming out ,i am pretty sure that it will be a mandatory to provide your identity if you are dealing with bitcoin and the biggest problem will be the privacy becomes a big factor as your assets will be known by the government.

Bitcoin is like anything else. It can be used for good or bad. Blaming something is just an excuse and looking for a place to blame.
Some industries and companies might find Bitcoin a threat to them too. So perhaps they spread propaganda to bring Bitcoin down. It doesn't seem to be working though.  

Criminality have existed before bitcoin was created because many people specially those who are not contented of what they have or those who are just attention seeker that use criminality as a way to get attention from the government. Ever since the technology innovation, many cases related in using technology in criminality has been listed. Bitcoin may be involved in that manner but it doesn't mean that it tolerates criminality because we all know that people make such things to happen not the modern tech.

Bitcoin is really a great technology that been creating making our life easier when it comes in currency and sending money make it just as easy and sending money world wide make it only just a seconds or minute but i guess this perks are not just only for us but can also be use in criminality.

Except its also true that bitcoin makes it MUCH easier to rob people and get away with it. In other circumstances there is always a trail whereas if you use a mixer with bitcoin no one will ever be able to trace a theft directly to you.

LOVE THE CHOICE OF TOPIC!  Governments, bank, institutions, treasuries and pretty much anyone else threatened by the upcoming of Bitcoin and other cryptocurrencies alike will do all that they can to publicise the "criminal activity" behind bitcoin. I saw a new feed just a few day ago "MAN ROBBED FOR LIKE $1500USD IN BTC" < people are robbed everyday for sums of money that are far more considerable than that.

My point, threatened institutions at this stage will do anything that they can in order to leave a bad taste in people mouths when they hear the word bitcoin.

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.

I think anything that gives you more freedom and control, always gives more room for abuse. I love the potential of what bitcoin enables and the open free market we can trade in, i feel like it is something special.

Maybe the question we should ask is, why do criminals feel the need to commit crime in the first place? Obviously crime will always exist, but I think sometimes crime can be a sign of a system that is not compatable with everyone.

We are born into a system. This system has many rules and laws in place that we did not agree to, they are there from the moment we are born, some of these rules and laws might make any of us feel uncomfortable. Sometimes i think the system is so incompatible with certain peoples personalities, that they want to 'get back' at society.. or 'stick it to the man'.

Ofcourse, there are some that will always commit crime no matter what, it is in their DNA to rob steal and pillage, and there are probably not many changes we can make to Bitcoin to push away these types of people.. because if they were not doing something dodgy with Bitcoin and laundering money with Bitcoin, they would be robbing their 'friends' or robbing a jewelry store or whatever else, and they are probably doing all those things at once anyway.

You might say that Bitcoin has brought out the more curious side in some people that might have never committed crime before, and I say no doubt, but I would also say.. maybe this is part of the evolutionary process of this digital technology, a curiosity boom.

We have people buying drugs on darknet markets for example ,because they can, and want to try it. Not all of them are crinimals, some of them are curious or want to 'try it out' some of them might need medication for a sick family member that they could have never gotten without this increased freedom, and yes, some of them are just looking to get high.. but the fact of the matter is this.. this world is evolving and changing, and it is up to the system to evolve and change along with it.

I like that we have our own little world and community outside of the system, so I am willing to accept the negatives that come along with it.

What??? Come one you can't blame Bitcoin for all of the criminal activity. Many other factors would have affected the number of crime. I mean how could Bitcoin have affected all of these crimes? It is not plausible. But you must remember that even good things can be abused for a crime.

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).