Topic: Criminality and Bitcoin - page 80. (Read 31307 times)
As some poeple might not know bitcoin is the main currency that is being used for transactions on the black market and that is due to the fact that bitcoin is annonymous, it does not require you any identification, so that makes it the perfect cover to use money to do some illeagal actions, but the thing is this not the case only with bitcoin but it has been the case with regular money, every thing may seem bad when people use it the wrong way
Bitcoins is so high class that the criminals using it are mostly from Europe or USA, which are highly organized, and even in those cases, using bitcoins is hard even as a method to launder money as everything is recorded and the same issue would arise as USD.
There are also criminal websites like in the darkweb, these are using btc and monero but law enforcement regularly reach and close them.
There are also criminal websites like in the darkweb, these are using btc and monero but law enforcement regularly reach and close them.
Some criminals and people use BTC for illegal purposes and that's something unavoidable, not because of the decentralization and anonymity of bitcoin, but because it is a currency. every single currency is used for illegal purposes one way or another, because crime is a part of some human's nature. That's not the fault of bitcoins.
If it's talk about money all will be eager to work even though it is a crime. We are managing humans wanting more and more, so keep eye with peeled for crypto scammers.
Why they are only looking at the possibility of bitcoin being used for criminality or any related violence funding? Criminality acts are even existing bitcoin is not yet created. And they are only taking advantage bitcoin for it's anonymity so they found a way for supporting their criminality.
What do you mean "only" for bitcoin and criminal activity?
It is seen as a whole bunch of things, like a way of transferring money, making payments for purchases, store of value, investment, etc.
It's meant to provide an alternative to the traditional banking system, so if it's used for criminal activity, know that the criminal activity that has utilized Bitcoin is partly responsible for the increase in demand and price.
Read the OP and you will understand why I said "only". Let's say they are one of the reason to make the demand higher, but if they are using bitcoin for such filthy crimes, I'm not going to consider that as helpful to the economy. This is the disadvantage of bitcoin and almost everything has disadvantage when money is involved.
What do you consider to be helpful to the economy? For the government to say what you should and should not do? And everyone obeys what the government wants? Government knows best? People aren't supposed to serve the government. Government is here to serve the people. If you are harming someone else with criminal activity, in that there is a victim, of course that needs to be understood and minimized. But Bitcoin doesn't really support too much of that type of crime. It supports crime in the form of trading products or services that are simply prohibited by the government, but at the same time, have no victim. Understanding that the government doesn't care at all about your life or health, tell me why these prohibitions or lack of freedom exists?
I don't have a problems with laws, and I think most people would agree. I do have a problem with laws that benefit a very small group at the expense of society as a whole. Any law that prohibits a so-called "crime" that has no victim, is infringing on people's freedom, when there is no harm being done to anyone. Examples would be gambling, prostitution and certain classes of drugs that aren't prescribed by doctors and not supported by the pharmaceutical industry. Although these are prohibited, they all continue and will continue indefinitely, while wasting resources in its control and putting people that did no harm to anyone into the category of being a criminal. No good for society to operate this way.
As for renouncing citizenship...I don't think this can be done in a practical way. Would you be able to own or rent property? Would you be able to travel without a passport? Can you work or have a bank account without a social insurance number? Not really sure if this lifestyle can be lived without running into constant issues.
I think these are two very different things and do not be equated, because later it can give a bad perception of bitcoin
We all knew that bitcoin before were used by criminals but now that its open to all i think the term criminality should not use to since its too beneficial to us user now.
Anything and everything of value will and has been used for crime, Bitcoin no more than anything else. FIAT has just as high a percentage overall, but that is not news anymore, it is just everyday fact.
I think this criminal activities using a bitcoin has been predicted by many people especially big names and the government, but with the popularity of bitcoin, I think they can't stop people from using them, and the fact that it also helps their country to develop their economy.
It is a new thing for the media and that is simply the only press that the system gets. This is noth because the governments want the public to see Bitcoin as evil and also because there is not a lot of "news" that comes out of our little crypto world that the press picks up on.
For the issue of bitcoin with criminals can be seen in many countries which is in the spotlight is indonesia.
a few months ago, indonesia was attacked by a hacker called virus wanna cry, the criminals asked some money to bitcoin for exchange of existing data.
A lot of these cases because it is unfortunate for such problems to be damaged both the company's name and the bitcoin itself.
It is unfortunate . . .
a few months ago, indonesia was attacked by a hacker called virus wanna cry, the criminals asked some money to bitcoin for exchange of existing data.
A lot of these cases because it is unfortunate for such problems to be damaged both the company's name and the bitcoin itself.
It is unfortunate . . .
I think this criminal activities using a bitcoin has been predicted by many people especially big names and the government, but with the popularity of bitcoin, I think they can't stop people from using them, and the fact that it also helps their country to develop their economy.
Criminality is everywhere even in temple and church also , bad guys are everywhere and we can't only say that bad guys makes the bitcoin culture worst. They will be everywhere to make the situation worse. Actually bad guys do criminality even with fiat currency also and they does their job very well with banking system also sop when people blame that bitcoin is used for illegal purposes. They meat to say as if real money is not used for criminality. All technology have it's positive and negative side and we should accept it. None could have only positive point because there's some bad guys who is ever ready to spoil the culture and the main purpose of the technology. So we have nothing to do with it. We have to do our work and bad guys will do their work but we have to find solution to eradicate such happenings done by bad guys.
Why there is a bitter criminality bitcoin what really happened. I think this is not the fault of bitcoin there may be bad guys using bitcoin. We already know all that bitcoin is the currency on line, many people are using it.
I think these are two very different things and do not be equated, because later it can give a bad perception of bitcoin
I don't believed and doubt about it. That is depend on the bitcoin users of how they're gonna use whether for lega or
illegal purposes activity. Though it cannot be deny that bitcoin can be used for its criminality but as much as
possible let us not abuse it.
illegal purposes activity. Though it cannot be deny that bitcoin can be used for its criminality but as much as
possible let us not abuse it.
Criminality will lesser if bitcoin is used worldwide, but online security of blockchain network should be strenghten due to were vulnerable of hackers attack online. So this situation of bitcoin is very anonymous but disadvantages also takes place over it and we cannot prevent that to happen in easy ways. Good thing about bitcoin money is, its not visible to human eye having thar bigger amount of money in you and unlike fiat cash you're vurnerable to be robbed, because it has physical appearance.
Why they are only looking at the possibility of bitcoin being used for criminality or any related violence funding? Criminality acts are even existing bitcoin is not yet created. And they are only taking advantage bitcoin for it's anonymity so they found a way for supporting their criminality.
What do you mean "only" for bitcoin and criminal activity?
It is seen as a whole bunch of things, like a way of transferring money, making payments for purchases, store of value, investment, etc.
It's meant to provide an alternative to the traditional banking system, so if it's used for criminal activity, know that the criminal activity that has utilized Bitcoin is partly responsible for the increase in demand and price.
Read the OP and you will understand why I said "only". Let's say they are one of the reason to make the demand higher, but if they are using bitcoin for such filthy crimes, I'm not going to consider that as helpful to the economy. This is the disadvantage of bitcoin and almost everything has disadvantage when money is involved.
What do you consider to be helpful to the economy? For the government to say what you should and should not do? And everyone obeys what the government wants? Government knows best? People aren't supposed to serve the government. Government is here to serve the people. If you are harming someone else with criminal activity, in that there is a victim, of course that needs to be understood and minimized. But Bitcoin doesn't really support too much of that type of crime. It supports crime in the form of trading products or services that are simply prohibited by the government, but at the same time, have no victim. Understanding that the government doesn't care at all about your life or health, tell me why these prohibitions or lack of freedom exists?
Why they are only looking at the possibility of bitcoin being used for criminality or any related violence funding? Criminality acts are even existing bitcoin is not yet created. And they are only taking advantage bitcoin for it's anonymity so they found a way for supporting their criminality.
What do you mean "only" for bitcoin and criminal activity?
It is seen as a whole bunch of things, like a way of transferring money, making payments for purchases, store of value, investment, etc.
It's meant to provide an alternative to the traditional banking system, so if it's used for criminal activity, know that the criminal activity that has utilized Bitcoin is partly responsible for the increase in demand and price.
Read the OP and you will understand why I said "only". Let's say they are one of the reason to make the demand higher, but if they are using bitcoin for such filthy crimes, I'm not going to consider that as helpful to the economy. This is the disadvantage of bitcoin and almost everything has disadvantage when money is involved.
What do you consider to be helpful to the economy? For the government to say what you should and should not do? And everyone obeys what the government wants? Government knows best? People aren't supposed to serve the government. Government is here to serve the people. If you are harming someone else with criminal activity, in that there is a victim, of course that needs to be understood and minimized. But Bitcoin doesn't really support too much of that type of crime. It supports crime in the form of trading products or services that are simply prohibited by the government, but at the same time, have no victim. Understanding that the government doesn't care at all about your life or health, tell me why these prohibitions or lack of freedom exists?
There needs to be strict supervision to protect the bitcoin from crime, so the existence of a crime that uses bitcoin can result in the weakening of bitcoin.
We cannot prohibits them to what at whom they want to use it. What matters most is we expect that everyone is using bitcoin for good and not for bad. If bitcoin will be known for being a payment for a bad things it could not be good for its reputation. We encourage eveeybody that we need to use bitcoin for good , and for the betterment of our lives. 
Without bitcoin then criminal already exists, don't blame the bitcoin because trade with bitcoin for illegal purposes of. I think it depends of the user's motives because without bitcoin criminal will always exist.
Laws are made to deal with cases of crime and disorder for all aspects of crime, in this case currency and media transactions are never wrong because the law only applies to perpetrators of crime.
If bitcoin is treated like a drug deal, it is obviously a mistake from the government, since bitcoin is a product of innovation from technological advancement, there is only one way for the state to address this problem of learning, adoption and legalization with official government regulations so that the law will be widely connected .
In these cases that is why some countries are banning bitcoin for good because of some criminal activities that getting idea from the technology of bitcoin, they can surely control the anonymity of bitcoin, we can surely say this is just normal because all of us can surely work out with bitcoin and use it on every users free will and just like fiat money bitcoin can surely be use in these cases, but I think not all transaction are just criminal base there is such as making their life change because of bitcoin.
Without bitcoin then criminal already exists, don't blame the bitcoin because trade with bitcoin for illegal purposes of. I think it depends of the user's motives because without bitcoin criminal will always exist.
Laws are made to deal with cases of crime and disorder for all aspects of crime, in this case currency and media transactions are never wrong because the law only applies to perpetrators of crime.
If bitcoin is treated like a drug deal, it is obviously a mistake from the government, since bitcoin is a product of innovation from technological advancement, there is only one way for the state to address this problem of learning, adoption and legalization with official government regulations so that the law will be widely connected .
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