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Topic: Criminality and Bitcoin - page 86. (Read 31307 times)

legendary
Activity: 2954
Merit: 1153
May 31, 2017, 03:56:53 AM
#65
Criminals will be everywhere whether Bitcoin is available or not.  If bitcoin is the reason why criminal is ever growing then why was there lots of crimes even before Bitcoin was created.  This is just dumb's reason to prevent Bitcoin to be in mainstream.  Probably those who are spreading news like these are scared that they will be put out of business if bitcoin became globally adopted.
hero member
Activity: 1722
Merit: 528
May 31, 2017, 03:49:56 AM
#64
not only bitcoin but fiat used for criminality too, but maybe not exposed too much because it is a common thing. it is no matter bitcoin used for criminal thing because bitcoin is currency too. don't blame bitcoin, just blame the criminal

That is right, before bitcoin was ever created, fiats are being used for criminal activities, either paying people to kill people, laundering and other stuffs. Money is a way to make a forced path to greatness, when you have money, you have power. We can't do anything about them abusing bitcoin, it is even used in fiats and noone can stop it.
sr. member
Activity: 2114
Merit: 268
Leading Crypto Sports Betting & Casino Platform
May 31, 2017, 03:42:35 AM
#63
not only bitcoin but fiat used for criminality too, but maybe not exposed too much because it is a common thing. it is no matter bitcoin used for criminal thing because bitcoin is currency too. don't blame bitcoin, just blame the criminal
legendary
Activity: 1652
Merit: 1000
May 31, 2017, 02:07:35 AM
#62
long time ago before bitcoin exist the criminal acts also already exist too so i disagree if bitcoin will be the main cause why criminality increase in the particular countries indeed bitcoin had a feature who many people liked it anonymity but probably because bitcoin had that feature most people will blame it as money laundry tool or something else but in this world Pros and cons will always be there but i have no worry to became bitcoin users because i use it not for illegal acts
hero member
Activity: 2590
Merit: 644
May 31, 2017, 01:59:35 AM
#61
i additionally observe a few statement or news about this bitcoin being a reason for criminal things like medications and terrorism,they are manhandling bitcoins anonimity highlight keeping in mind the end goal to do that illicit things uninhibitedly
There is nothing new if the criminals are using bitcoin for their illegal activities like terrorism because you said it right that it has a feature of anonymity and a lot of people now are taking advantage of that and that is we need to make sure that blockchain has a back up to trace the address of the sender for emergency purposes like this. I hope the bitcoin core team will think about that.
hero member
Activity: 490
Merit: 520
May 31, 2017, 12:04:36 AM
#60
i additionally observe a few statement or news about this bitcoin being a reason for criminal things like medications and terrorism,they are manhandling bitcoins anonimity highlight keeping in mind the end goal to do that illicit things uninhibitedly
Well it makes sense as to why they would talk about those things so commonly though. Since Bitcoin is something that is typically not a good thing for "business" (if you're catching my drift) and there are a lot of people in opposition to something like that, it only makes sense for it to be brought up when it is found in some illicit manner.
Bad news is good ratings news anyways. Few people want to hear that Bitcoin is fine n dandy.
member
Activity: 79
Merit: 10
May 30, 2017, 11:50:14 PM
#59
i additionally observe a few statement or news about this bitcoin being a reason for criminal things like medications and terrorism,they are manhandling bitcoins anonimity highlight keeping in mind the end goal to do that illicit things uninhibitedly
sr. member
Activity: 389
Merit: 251
May 30, 2017, 10:45:07 PM
#58
Completely agree that bitcoin has both pluses and minuses) but I believe that security can also be developed) in general the criminal side exists in all major spheres, so we are surprised at nothing (we hope that everything will be cool.
member
Activity: 150
Merit: 10
May 30, 2017, 10:26:58 PM
#57
Indeed, even before bitcoin was acquainted with us by Satoshi, crooks has utilized different approaches to make illicit exercises. This is the situation with fiat also. So don't point the finger at bitcoin for the expansion violations. lawbreakers will be offenders regardless. They simply discovered bitcoin and adventure its "defects". Will hoodlums be gotten it ever they utilized bitcoin. Totally. They putting a red paint of bitcoin as though those lawbreakers utilizing it can't be gotten. They are looking bitcoin in one side just and they are one-sided. They ought to likewise take a gander at how bitcoin can be utilized as a part of different perspectives monetarily, not simply in illicit exercises. i additionally observe a few explanations about this bitcoin being a reason for criminal things like medications and terrorism,they are mishandling bitcoins anonimity highlight keeping in mind the end goal to do that illicit things unreservedly
legendary
Activity: 1148
Merit: 1048
May 30, 2017, 07:37:36 PM
#56
it is wrong that the crimes are increasing with bitcoin. As the criminals are using their currency and any currency they find. Like if they find USD then they will accept USD and if they will find euro then they will accept euro. They accept any currency and they have their goal. We cannot blame bitcoin.

Eh, let me temper this a little. Suffice to say I know a few drug dealers Wink bitcoin is popular only among the most computer literate, and successful dealers. Why? Bitcoin isn't spending money folks. If you make enough illicit funds to have to hide them for the IRS, bitcoin is the most perfect vehicle for money laundering since the casino or the vending machine. But if you make enough to live well, and not save massive amounts of cash for later, cash will be your king. Not worth the conversion fee, and never worth the block chain if the amounts of money are big enough for the IRS to give a fuck. The block chain is permanent, you don't want ATF crawling a public record to make a case for you in court. These things don't occur to low level drug dealers, but for those that truly profit off of vice, operational security is key. With perfect hygiene, bitcoin provides the anonymity a dealer needs to operate and live normally. But that's hard, and the FCC just made it a bit harder.

Trust me on this one Wink there is a reason why people where willing to use Silk Road. And I don't mean customers, I mean merchants.
legendary
Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
May 30, 2017, 07:26:12 PM
#55
No I wouldn't believe this at all, criminal activities are going to occur with Bitcoin are not due to the simple fact that the demand is there for people who want money from activities such as selling drugs, Bitcoin MAY help to facilitate this process with more anonymity (considering you follow strict rules) Though I think Bitcoin is simply just a minor player when it comes to helping facilitate these transactions and isn't even close to other levels such as cash.


So, I wouldn't think there is any correlation between criminal activity and Bitcoin usage - that's a narrative the MSM or the government puts out to degrade Bitcoin users.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
May 30, 2017, 07:21:18 PM
#54
Bitcoin does not commit crime, human beings do. A lot of criminal acts have been committed using Fiat.

credit card fraud, check fraud, killing for  oil, gold and their likes. I don't hear anybody sating they are bad and should be put away.

Yes, a few people have found ways to get away with cyber fraud, and bitcoins has been exploited, due to its semi anonymous nature.  You cannot blame Bitcoin for how a tiny minority choose  to use it, the same for other financial instruments.

I agree with you. The fault will never be of currencies or objects, but of persons. Even if you forbid persons to use bitcoins they will find another way to act like criminals, they can find another currency, another method...
And bitcoin isn't impossible to track. If there are serious investigations, authorities can reach to the thieves to make them pay for the crimes.
full member
Activity: 210
Merit: 100
May 30, 2017, 07:13:47 PM
#53
Bitcoin does not commit crime, human beings do. A lot of criminal acts have been committed using Fiat.

credit card fraud, check fraud, killing for  oil, gold and their likes. I don't hear anybody sating they are bad and should be put away.

Yes, a few people have found ways to get away with cyber fraud, and bitcoins has been exploited, due to its semi anonymous nature.  You cannot blame Bitcoin for how a tiny minority choose  to use it, the same for other financial instruments.
sr. member
Activity: 602
Merit: 250
May 30, 2017, 06:59:56 PM
#52
it is wrong that the crimes are increasing with bitcoin. As the criminals are using their currency and any currency they find. Like if they find USD then they will accept USD and if they will find euro then they will accept euro. They accept any currency and they have their goal. We cannot blame bitcoin.
sr. member
Activity: 420
Merit: 250
May 30, 2017, 06:59:33 PM
#51
Those countries who are saying that with bitcoin criminality is increased actually do not know much about bitcoin or before that they have not checked their country criminality as if they look then they will find that before bitcoin the same number of people were involve in crimes and they were using their own currency now as everyone like bitcoin and so they are preferring it so the criminals also have bitcoin which do not means that bitcoin is convincing them
hero member
Activity: 1694
Merit: 541
May 30, 2017, 06:55:02 PM
#50
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
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.
If there is a prediction like that then i would call them as bluff as you really can trace all the transactions done through bitcoin and so it is really not anonymous as you call it is,people who are ignorant would come to a conclusion like these,criminals will always find ways to carry on with their criminal activities even if there is no bitcoin.
hero member
Activity: 1750
Merit: 589
May 30, 2017, 06:49:07 PM
#49
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
That is the some of the saddest thing about bitcoin it is being abused by some users. Using it for criminal acts. Yes criminal acts was done wayback where there is still no bitcoin but how sad that bitcoin is being acknowledge and used by many people nowadays and it is starting to boom but it is being used by many criminals and being misinterpreted for criminal things.
sr. member
Activity: 350
Merit: 250
May 30, 2017, 06:08:36 PM
#48
In my country the criminality is zero percent with bitcoin as in my country the criminals are not able to regulate bitcoin as they are not educated and other users of bitcoin are educated people and they are using bitcoin for their better future and for their better country future.
i am sure that same is the case here, in my area even the actual number of bitcoin users are also very low, i do not think that in current position there will be a single criminal who may be using bitcoin for criminal activities.
sr. member
Activity: 364
Merit: 250
May 30, 2017, 05:23:44 PM
#47
I do not quite comprehend why people are blaming bitcoin for the increasing number of crimes currently. It is not bitcoin's fault that it is much reliable over fiat, that it is almost untraceable compared to fiat, and that it is preferred by criminals over fiat. Bitcoin was not made in order to support crimes so why the hell they blame bitcoin for that? This is a complete nonsense.
newbie
Activity: 58
Merit: 0
May 30, 2017, 05:23:12 PM
#46
You're wagging the dog.

Bitcoin doesn't encourage or aid in criminality.  Does a shovel encourage you to kill someone and bury a body? No. However, criminals  - especially tech savvy ones - will use every tool at their disposal, plain and simple.  These are ALL the same discussions we had with eGold.  "Is it real money?"  "Will it last?"  "Is it a tool of criminals?"  

Don't blame the technology. Blame the people who make their living stealing from others.
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