Cryptocurrency kills people - page 7.

Pemburu dollar

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Quote from: [email protected] on April 19, 2018, 10:51:54 AM

95% of illegal transactions are made with fiat, not cryptocurrencies. No one is using crypto to buy drugs and other illegal stuff except maybe Monero or other privacy coins.
Bitcoin and most other coins are not private.

I think Anyone can do whatever they want with it. But, it's also a big misunderstanding that can only be applied to cryptocurrency. These things (various types of use) can also be applied to any fiat that exists around the world. The article you place is very biased and really smack of FUD
Many people use BTC as a currency in their own way and we can not hide the fact that it is also used in many bad ways.

Welhell

newbie

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I don't think that true, Bill's words may be true, it is not true that we can use bitcoin only for terrorism or financial crime. There have another ways to take advantage of Bitcoin.

Gila uang

newbie

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Quote from: Chopmoney on April 23, 2018, 12:24:21 PM

I'll agree with mr Gates to some extent, but you shouldn't blame the technology for people misusing it. Good technology is always abused and turned destructive, Oil kills people, gold kill people, diamond kills people, so we should not weigh disadvantages over the advantages which cryptocurrency has brought us

I think you did not throw the baby away with bad water. It is time for the government to enter and have control without stopping the freedom that we currently enjoy in the world of cryptocurrency.
He has a point because cryptocurrency with current arrangements could easily be a way of hiding funds that can fuel all these bad crimes.

speeder

hero member

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Well ok ok Bill Gates has right but we can't blame Bitcoin because people who use it,We can't stop BTC because there are so many people who use it in a good way , like..just think how many things we bought with, other people even bought houses or they've started a business.And if we really think about it ther are other ways to buy drugs or for terrorists to do transactions.Anyway drugs and terorrists were even before BTC to appear so if we stop BTC that doesn't mean that we stop them.

Charity07

member

Activity: 178

Merit: 10

No some people thinks that cryptocurrency is a scam. But they dont really know the cryptocurrency can help some poor people to become rich. And get there dreamed some people that dont have enough knowledge will spread a fake news about crypto. Thats the reason why some weak hands people sell there holdings.

Giftedcrypt

jr. member

Activity: 122

Merit: 1

What Bill Gates said is to him what it is, I only know bitcoin changes people status financially, but any little carelessness,you have lost your money,that can give you high blood pressure and eventually lead to death.

emath7

newbie

Activity: 158

Merit: 0

What BillGates said is true. We can not deny it. But we need to know. Bitcoin was not produced for illegal use. Because of the features that Bitcoin has, people use it illegally. E.g; gunpowder was not found to kill people. But people use gunpowder to kill each other. If you use it in useful work, gunpowder is a perfect invention. It's the same on Bitcoin. The fact that people use it for bad purposes does not mean that Bitcoin is bad.
These rumors are completely empty. Some people can criticize Bitcoin. Some people are talking because they do not know. Some people are raising such rumors to lower the value of Bitcoin.
I say it everytime. You should not comment without research ...

ThePunisher49X

member

Activity: 340

Merit: 15

Quote from: ?? on ??

Quote from: cotton ball on April 27, 2018, 01:17:46 PM

This is where the role of the government to make the regulation, if not able to hold it then there must be an MOU to create regulations that apply globally, this rule can not if intended for one country because it will disrupt the economic equation. for example for Venezuela which is endemic to narcotics, on the other they also have to rise from the economic downturn, then their crypto rules are only adapted for their own country, this will make the global ecosystem become not one way.

A great way to be tried by all countries to generate a profit and reduce the losses that will have a major impact on the world.

I am wondering if this is the reason why cryptocurrencies will never be accepted worldwide as a form or payment.

We will be stuck using credit cards until the day we all die! Roll Eyes

Nelly.G0211

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Eloncity - power the world for free! /eloncity.io/

Quote from: jerick06 on February 28, 2018, 07:09:59 AM

Ive read an article about Bill Gates saying that cryptocurrencies kills people. He explained that crypto provokes people to hide thier financial transactions from the government, and revolutionizing terrorism, financial crime etc. Some people use crypto to buy drugs, bombs, guns that are use for drug dealing and terrorism that kills people 'in a fairly direct way'

I think Gates is somehow right about this. But i think it depends on the people who are using cryptocurrency, if they will use it in a good way or in a bad way. What do you think?

Link: https://www.google.com.ph/search?source=hp&ei=MJaWWv70CoH-8QXDvLO4Bg&q=cryptocurrency#scso=uid_PpaWWoLdHISa0gTusbDYDg_9:117

that's right, but this happens with all the new discoveries and inventions. when people split the atom, they were thinking about the energy that could help, but what did we get? nuclear weapon. so i don't think that blockchains or bitcoin or crypto world in general are responsible for murders.. it's just in some people's nature.. killing.

alex6464

newbie

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People and their greed kills people, not bitcoin. That's like saying guns kill people, without considering the person pulling the trigger. Nobody is forced to use bitcoin, it's freedom, that's exactly what makes it great.

Cookie Man

newbie

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THERE IS NO DIRECT LINK BETWEEN DEATH AND CRYPTO. there is no record of anyone getting killed by any crypto, there might be indirect incidences where courses of death is crypto related, like devastating losses but nothing direct.

cizatext

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Merit: 41

That is bill Gates opinion about crypto currency but my question is has any one made such negative statement about Microsoft and at that bill gate don't have any moral justification to say bad things about crypto. If crypto currency provoke people to hide they financial transactions from the government then the government should also brace up to meet up with the demands of regulations and control.

djselery

legendary

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Merit: 1001

People used fiat currencies for illegal purposes a long time before the creation of Bitcoin and crypto currencies. No one stated that fiat currencies kills people, and still right now the most criminals and terrorists around the world use mainly fiat currencies, and banking transactions to complete their illegal actions and crimes, a lot more than using crypto currencies.

budz0425

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Quote from: Melvin Narag on April 27, 2018, 01:56:20 PM

Sure it is, if you don't eat on time, don't exercise enough, don't spend with your family, work and bitcoin will stress you out, Bitcoin should be an option to be stress free and more time to be with family, if you have time management also, proper diet and exercise then I see no reason for you die with sitting facing you computer and doing Bitcoin alone.

It is up to people if he will not take care of himself, especially if you are doing this while having a job because you are aiming to have an extra income for your family especially now that the price of cost of living is getting too much high, so we cannot blame people if they will do extra income for as long as they will not take risk their health.

thorvald

sr. member

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I think it can only be expected that bad people will do bad things with such powerful technology. It isn't bitcoin's fault and it certainly doesn't mean that Bitcoin kills people. Bad people kill people.

RodeoX

legendary

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The revolution will be monetized!

So the people who think they are going to take our guns because they think guns kill people now want our bitcoins because bitcoin is the real killer. Why Hitler was nothing more than a victim of the cryptocurrency that made him kill.

Roll Eyes

Molon labe

rebanser

newbie

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Traditional currencies kill many more people than bitcoin. Bitcoin cuts the eyes of the powerful of this world. They can not control it and fight it

Melvin Narag

newbie

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Sure it is, if you don't eat on time, don't exercise enough, don't spend with your family, work and bitcoin will stress you out, Bitcoin should be an option to be stress free and more time to be with family, if you have time management also, proper diet and exercise then I see no reason for you die with sitting facing you computer and doing Bitcoin alone.

bajigur894784

member

Activity: 350

Merit: 10

One thing is for sure, I do not agree with that, however cryptocurrency is just a medium of exchange like money. not the right thing if cryptocurrency is blamed for its use.

Long before bitcoin, fiat money is used as a medium of exchange even for criminal activity. then, there is the Internet that connects the perpetrators of crime and the number of negative content available on the Internet such as pornography, etc.

In conclusion, cryptocurrency is the same as money or internet. they are only media, as for its use is the responsibility of its users.

nerlial

member

Activity: 546

Merit: 10

I think that everything depends on people. If a person needs drugs or weapons, he will get it even if there is no cryptocurrency.

Topic: Cryptocurrency kills people - page 7. (Read 1902 times)