yes I agree with you but I think the most evil villain because bitcoin never kill people or make a criminal case that is often done by criminals
Topic: Criminals and Bitcoin - page 17. (Read 4576 times)
I agree with the author of the post, the problem in the society . bitcoin is just a tool and there are many of them, and to replace one always comes another. Blocking bitcoin is stupid-it's like saying that the weapon kills people, because in fact it does not kill the weapon but the people themselves with it.
Some of case criminals use it to crime such as weapons, kidnapping, killing etc
Our government has identified bitcoin as the currency used to exchange arms for terrorist gangs around the world. Instead of sending money, criminals will send bitcoins to avoid being suspected.Bitcoin is not responsible for this.Criminal commit their crime anyhow.Before bitcoin here was crime and it will be if bitcoin don't exist
Even if bitcoin does not exist, criminals will use other currencies to buy illicit weapons. I think people hate bitcoin and blame Bitcoin for being the currency of crime; I do not agree with such comments.
crime has a place to be in all areas of life, including something that also applies to cryptocurrencies. There are a lot of stories in which the cryptocurrency is used as a means of redemption due to blackmail, as well as hacking, which led to theft of the cryptocurrency from exchanges, exchangers and thefts from bank cards. criminals also use blockade technology to commit illegal operations (purchase of drugs and weapons, payment of the killer, money laundering).
Bitcoin is not the problem, the people, the society that is using it as a tool for their evil deeds. They used it as a tool because they cannot be traced. People are the main problem, they abuse the technology that btc has to offer. Also, this fact hinders people to fully accept and utilize bitcoin.
bitcoin is using for the dark web as a payment method and criminals buy weapons drugs and other things through bitcoin and no way to caught or trace them
Do you think it can be used so? All transactions can be tracked in blockchain. Bitcoin is not a threat.The real threat is anonymous coins like ZEC, MONERO and etc.
Bitcoin inherently conceals aura, which is easy for criminals to launder money, but Bitcoin is not completely anonymous. As long as you track Bitcoin transaction information in the blockchain and check which exchange the criminals have passed, you can find the criminal through the exchange.
For me criminals is just using bitcoin for buying some of terrorist needs.. I think police cant track the illegal transaction because it's on the internet and no one can hear or see a transaction..
It is in technology freedom that criminals easily using bitcoin as their source of financial assistance to destroy such peaceful countries. But terrorist strategy are now easily interrupted before to penetrate because some countries has develop high technology military defense to easily track terrorist identity. But bitcoin platforms are no doubt that even criminals can easily adapt it as source of their financial needs.
bitcoin is using for the dark web as a payment method and criminals buy weapons drugs and other things through bitcoin and no way to caught or trace them
Do you think it can be used so? All transactions can be tracked in blockchain. Bitcoin is not a threat.The real threat is anonymous coins like ZEC, MONERO and etc.
I also think like you, criminal world will be more sophisticated to transact. Such as money laundering, theft, drug trafficking, terrorism financing and illegal gambling. They transact more freely and anonymously.
But actually it can also be dammed with the application of KYC on the wallet info / sign message. If indeed the developers want to create it. if anyone feels criminal action just report it to the police. Any way, surely the police can prove it.
But actually it can also be dammed with the application of KYC on the wallet info / sign message. If indeed the developers want to create it. if anyone feels criminal action just report it to the police. Any way, surely the police can prove it.
I have seen some news regarding hackers, terrorists, and other criminals using bitcoin for illegal trades.
How the police can find about these transactions?
Even if is hard to track illegal transactions, I don't think that Bitcoin can be a danger to society, since the problem is the society and its people.
Since the beginning of the internet this is happening ( the bad people committing crimes) and no one is willing to shutdown internet because of that, so in that matters Bitcoin should be equivalent. I think those illegal transaction are one of the reasons some governments and the media are trying to depreciate bitcoin, but the problem is not Crypto/blockchain or Bitcoin, is just the society.
This is true. Bitcoin is indeed being abused by criminal entities and societies but I don't think that it is a criteria for deeming bitcoin a bad cryptocurrency. These criminal institution found a way to transact where they wouldn't have to mind getting tracked by the police with bitcoin and they seized it. As a matter of fact Fiat money is much more involved in criminality than bitcoin and cryptocurrency itself. How the police can find about these transactions?
Even if is hard to track illegal transactions, I don't think that Bitcoin can be a danger to society, since the problem is the society and its people.
Since the beginning of the internet this is happening ( the bad people committing crimes) and no one is willing to shutdown internet because of that, so in that matters Bitcoin should be equivalent. I think those illegal transaction are one of the reasons some governments and the media are trying to depreciate bitcoin, but the problem is not Crypto/blockchain or Bitcoin, is just the society.
It is not crime to use bitcoin, what crime is when you use it in illegal way, scamming people out of bitcoin. Beware of this kind of illegal activities related to bitcoin, be proactive have some more research on investment you want to give a shot.
Some people used bitcoin in illegal pupose only like this if they've earn a lot of money in working it then they will used to buy harmful and dangerous things like weapons so that's why many people says that it can used in a bad ways so many country scared against it. We need to used it in a good ways because this is the help of bitcoin not in a bad ways and we need to be careful and think always before buying anythings.
I do not think that bitcoin is used for criminal purposes more often than paper money. Bitcoin is not a completely anonymous coin. Anonymous cryptocurrencies such as monero or dash can be used for criminal purposes.
the main problem is in bitcoin users. users can perform any illegal / non-illegal transactions. so it's very difficult for us / law enforcement to control users because bitcoin users exist all over the world. and all transactions involving bitcoins are difficult to trace.
Bitcoin in very popular nowdays and with popularity the criminal activities associated with bitcoins are also increasing day by day .Many countries are declaring it illegal because of the unlawful activities of many people.They are purchasing harmful products like drugs, dangerous weapons through bitcoin.They know that there is not central management in case of bitcoin.Nobody can find any record of their transaction due to this they are taking wrong advantage of this thing.People should not use bitcoin for wrong means because it is acting as a source of income for many people and if some people will use it for wrong purpose it will effect rest of the common people who are using it for good purpose.
according to my personality, there are often misunderstandings about theft and security hacking that occur in various places of exchange and business. Although these things are unfortunate, none of them involves Bitcoin being hijacked
In recent years, security systems have been growing rapidly, such as wallet encryption, offline wallets, hardware wallets, and some signature transactions.
In recent years, security systems have been growing rapidly, such as wallet encryption, offline wallets, hardware wallets, and some signature transactions.
indeed all back to the user's intention yes the person himself, hard as any government or we can not prohibit or prevent people use btc for something that is not good and it would be wise if only blame the existence of btc only, whatever thing in this world there must be gaps for people that is not good and it has become a law of nature, bad people will not succumb to the strict rules or sophisticated technology instead they will continue to try to be smarter than all existing systems or from our own
I have seen some news regarding hackers, terrorists, and other criminals using bitcoin for illegal trades.
How the police can find about these transactions?
Even if is hard to track illegal transactions, I don't think that Bitcoin can be a danger to society, since the problem is the society and its people.
Since the beginning of the internet this is happening ( the bad people committing crimes) and no one is willing to shutdown internet because of that, so in that matters Bitcoin should be equivalent. I think those illegal transaction are one of the reasons some governments and the media are trying to depreciate bitcoin, but the problem is not Crypto/blockchain or Bitcoin, is just the society.
How the police can find about these transactions?
Even if is hard to track illegal transactions, I don't think that Bitcoin can be a danger to society, since the problem is the society and its people.
Since the beginning of the internet this is happening ( the bad people committing crimes) and no one is willing to shutdown internet because of that, so in that matters Bitcoin should be equivalent. I think those illegal transaction are one of the reasons some governments and the media are trying to depreciate bitcoin, but the problem is not Crypto/blockchain or Bitcoin, is just the society.
But you still have to consider the fact that whatever it is that seems to be the way or instrument through which the crimes are committed or even encouraged has to be stopped or regulated or closely monitored so that it will not get abused by these like-minded crooks and criminals. The problem, however, is that the built in features of cryptocurrency are in direct contrast to the kind of approach the government and law enforcement agencies need to implement.
Jump to: