Topic: Criminals and Bitcoin - page 46. (Read 4668 times)
Actually theres a possibility that in bitcoin theres a criminal that all them wants is to gain a huge amount of money for their own goods even if is bad to do at all, In short they want to gain an income in easy way.
It is true, some shady people use Btc, but this has been blown out of proportions. Btc is a tool, and like any tool, it can be used for good or bad. The benefits of Bitcoin far outweigh the potential harm, that can be done with it.
criminals use bitcoin for illegal transaction because bitcoin is decentralization but with or without bitcoin, criminality will still exist, it depends on who use bitcoin. bitcoin is not related about criminality because actually most of people used bitcoin for positive reason such as investment and I believe that is the one of reason why bitcoin can survive until now.
Well, it can be really bad promo strategy from gov. Anyway, crime will always find the way to use technologies.
I think the Government will not allow a decentralized currency, they can not control. And the authorities can not just forbid bitcoin. That's why they use this excuse to get rid of bitcoin.
Criminal activity all the time. Not because of the internet, or because of dollars or bitcoins, the crime was committed. Human beings are to blame, they commit crime, not bitcoin.
Bitcoins is not that much realated to criminality because it much more efficient in investment and transaction that helped to improved the market of cryptocurreny and gusto system. Yet, we could not hate people who think that bitcoin has a bad image because Bitcoin anonymity make it more vulnerable to be used in illegal things specially on developed countries.
Stealing or criminalism would still persist.Terrorism and other illegal activities were still on record because we now associate every bad act to the advent of cryptos. I believe bitcoin have nothing to do with criminals.In the world of the Internet there's a hacker so in my country the government does not allow bitcoin.
Bitcoin is prone to illegal activities since it is an open source which anyone can get hold of. Criminals will do anything to get their filthy hands on something they need. And Bitcoin is no exemption.
I have seen news where criminals and drug lords use fiat money ,especially USD. What now?
I think you got the point. BTC is not exclusively used by criminals , as the FIAT money.
I think you got the point. BTC is not exclusively used by criminals , as the FIAT money.
As i know, for a long time ago everyone has switched to more anonymous crypto-currencies, since all the same bitcoin is too easy to track on transactions. Bitcoin offers too much transparency on transactions
Will bitcoin be used by criminals or illegal business? Honestly, bitcoin or even the legal money are possible to be used by criminals for illegal business, but it does not mean that bitcoin is illegal or bad, maybe if this will be used by criminals or in any illegal acts then it is not the digital currency that makes it bad or wrong, but by the intention of the user of using digital currencies for illegal acts or for criminality. Bitcoin as a currency is possible to be used in good or in any bad intention just like the real money or currency.
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.
before Bitcoin exists, the crime is already there, so we can not blame Bitcoin.
like we have a Ferrari Car made to rob the Bank, will the Ferrari party be blamed for a bank robber using Ferrari?
Highly educated criminals were aware about bitcoin, in the past quite often there were large level hacks who then demand bitcoin as the payment to relieve the hacks. Now this has decreased a large and for the same we cannot say bitcoin is not at all used in criminal activities. The usage still continues.
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.
I think criminals will be happen in every where. the bitcoin is secure,so it is possible. your identity cannot be tracked. the hackers, terrorists, and other criminals can use bitcoin for illegal trades.
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.
In the news....
Consecure offers 10percent bounty on $3million theft,costumer refunds in rupees not bitcoin
-Australian authorities charges woman over darkweb bitcoin drug buys.
-Russian police crackdown on illegal cryptocurrency mining farm.
-Europol bust cryptocurrency drug money laundering ring.
I will say shortly, I see nothing criminal here! 
I do not think so . Criminals invest in this market whether you know it? It is a very good market for criminals to hide money when investing, and this is also a good place to launder money.
I will say shortly, I see nothing criminal here!
If there is money where the criminals follow such as hackers and scammers, its a cycle
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.
Bitcoin is also used to transactions of drugs here in our country. Actually, that is not totally alarming at all since people will always think of a way that they cannot be caught while doing illegal things.Even when bitcoin has not yet invented, criminals always find their way to be as sneaky as possible so when bitcoin came. they grab this opportunity because they know it is hard to track it. Bitcoin is not totally anonymous and here in our country, the police managed to find who's behind the crime. 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.
Bitcoin is widely used for illegal deeds of criminals. Because bitcoin is anonymous so that's the reason why criminals use bitcoin and use it for the illegal needs they need.
Well Bitcoin is a great currency for those who are using it for some illegal activity,
Just think about it anonymity and they could easily send it to all over the world seems like a great tool for money laundering .
Just think about it anonymity and they could easily send it to all over the world seems like a great tool for money laundering .
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