They are just making cryptocurrency a bad to the eyes of many people who dont have enough knowledge with cryptocurrency,
Even before that is happening and supported by FIAT and bank transfers, so there is nothing new!
Topic: Cryptocurrency to be used in Money laundering and Terrorism? - page 5. (Read 2743 times)
Everything that has an advantage also has a disadvantage. I don't know why the governments and other anti-crypto agencies are always talking about the disadvantages of crypto and leaving its benefits behind. Before crypto, there was money terrorism and money laundering so why are they behaving as if it was crypto that brought all these bad activities
The problem here is everything that represents the good of cryptocurrency is at a disadvantage to the government. Even though these features are good from the perspective of a common man, they are anti-government and the government won't preach what will really set the people free from them. They prefer then to focus on just a single disadvantage of cryptocurrency and paint it all bad. 
The risk of using cryptocurrency as a means of money laundering and terrorism is indeed quite large, especially in anonymous and widespread transactions, it is quite difficult to trace ownership if done by a professional person. Well, it all depends on who uses it. Cryptocurrency has other positive benefits, investment and high-value trading commodities, many people already feel the benefits. However, just like in general, cryptocurrency has the opportunity to be a tool for a crime so the government limits its legality. This is nothing new, as long as we can still use cryptocurrency even though certain aspects are limited, it is not a problem.
Everything that has an advantage also has a disadvantage. I don't know why the governments and other anti-crypto agencies are always talking about the disadvantages of crypto and leaving its benefits behind. Before crypto, there was money terrorism and money laundering so why are they behaving as if it was crypto that brought all these bad activities
To be used seems wrong
There’s a need to fight money laundering and terrorism without involving crypto currency
Because before blockchain and crypto currency; all those stuffs existed
Maybe just some way to spread fud and cause panic
There’s a need to fight money laundering and terrorism without involving crypto currency
Because before blockchain and crypto currency; all those stuffs existed
Maybe just some way to spread fud and cause panic
Now that is a challenge that must be faced, but that is not a strong reason for the government not to accept cryptocurrency as a method of payment in the future, the government must find a way to close the crime room by increasing system security, not just by rejecting it
The government will never accept something that's out of their reach or that has no control to be a global money, just move on with that dream. These issues about criminality that tied up with cryptos is just an issue after all, onle really few cases found when criminality involves the usage of cryptocurrency.
After all, there's just no chance for crypto to be a global money if that's what you expected, even currently there's no such thing as a global money.
However, I do support the government only if they are really trying to fight against terroism funding and Money laundering properly by having regulation to prevent so other than blindly put the blame on cryptocurrencies which is rarely used for such a thing.
After all, there's just no chance for crypto to be a global money if that's what you expected, even currently there's no such thing as a global money.
However, I do support the government only if they are really trying to fight against terroism funding and Money laundering properly by having regulation to prevent so other than blindly put the blame on cryptocurrencies which is rarely used for such a thing.
If you think about it, then you should not use cryptocurrency and you should not use the dollar and other funds. They are all used for this purpose. This topic has been raised so many times on the forum that I think many people only think about it. This is the reverse side of the coin of this technology, blockchain technology.
Perhaps this Crypto is a free market, there is no law. Because of that, bad guys can use these to launder money and terrorize. This is a huge problem for the market, perhaps in the future laws will be enacted to prevent these acts.
I also believe that cryptocurrency has nothing to do with it, since terrorism existed and was funded long before the appearance of this currency. In fact, any currency can be used to finance terrorism.
Money laundering was popular for money years. Terrorism existed ages ago when there is no word “crypto”. You can finance terrorism with many different ways, pay with usd or gold. Maybe valuable stones.
Crypto also can be a payment method. What crypto investors want? Accept crypto as a payment method is one of the aim.
By the way it is important the ratio of crypto at terrorism.
I do not think so terrosit leaders using crypto regularly.
If you wanna stop terrorism block usd and gold before crypto
Government should focus on solving the money laundering in their respective fiat or national currency rather than trying to make up a negative opinion regarding cryptocurrency while their traditional paper money is the one that's widely used across the globe.
The same I was thinking about some days ago. There is nothing positive without its own negative side. Cryptocurrencies most especially bitcoin and ethereum will make it so easy for financiers of terrorism to move funds with no trace and money laundering will become so easy and untraceable.
mainly for such cases anonymous cryptocurrencies are used but not BTC and ETH. anonymous cryptocurrencies are used in the darknet and that is why they now have problems and they are losing their positions on large/legal exchanges 
I also believe that cryptocurrency has nothing to do with it, since terrorism existed and was funded long before the appearance of this currency. In fact, any currency can be used to finance terrorism.
Money laundering was popular for money years. Terrorism existed ages ago when there is no word “crypto”. You can finance terrorism with many different ways, pay with usd or gold. Maybe valuable stones.
Crypto also can be a payment method. What crypto investors want? Accept crypto as a payment method is one of the aim.
By the way it is important the ratio of crypto at terrorism.
I do not think so terrosit leaders using crypto regularly.
If you wanna stop terrorism block usd and gold before crypto
I also believe that cryptocurrency has nothing to do with it, since terrorism existed and was funded long before the appearance of this currency. In fact, any currency can be used to finance terrorism.
Before the advent of cryptocurrencies, fiat money was still used for illegal activities like money laundering or terrorism ... I think this problem is not entirely due to the appearance of electricity money. While this has been happening for years, all transactions are anonymous and it's hard to control so the government doesn't like it, so they think cryptocurrencies are bad or illegal. I know cryptocurrency has many shortcomings but you can't deny the positive values that cryptocurrencies bring.
The same I was thinking about some days ago. There is nothing positive without its own negative side. Cryptocurrencies most especially bitcoin and ethereum will make it so easy for financiers of terrorism to move funds with no trace and money laundering will become so easy and untraceable.
The security check procedure that can be gotten Fromtge usual money transaction has made money launder are vices look the way of cryptocurrency but still I there would be father measures put into cryptocurrency
Bitcoin and any other currency is a tool that is used to fund whatever purpose is needed just like the regular money. 
Not a surprise that cryptocurrency could a be tool for illegal activities but for how long due to the fact that cryptocurrencies can be trace and its more transparent than banks. So I guess criminals and launderers will refrain from using it in the future.
This is what people and the government say when they want to go against and attack cryptocurrency. It is an agreed upon fact that even before the existence of cryptocurrencies, money laundering and terrorism has always been a major crime, so cryptocurrency is not what is being used to foster these crimes. More energy should be focused on the crimes to tackle them, rather than spreading negativity on crypto.
But still, we can't deny the fact that some of the cryptocurrency users today are using crypto in different illegal activities. It is one of the realities we need to face. And as much as we hate to hear it because it makes such a bad image to bitcoin and other cryptos, it is really happening now. The criminals, terrorists, and drug syndicates are also adopting the use of this kind of technology to make their transactions at ease and their identities are hidden.
Because of that, we can't blame other people to think negatively about crypto though this issue has the same principle with our own money (fiat). It's also use for this kind of stuff, and yes, even before crypto has been invented.
Money is not actually a bad thing. It only becomes bad when it is used for illegal activities. It's the reason why money is defined as the root of all evil, but it is not the evil itself, it's the people who are because they choose to use it that way.
Currency is neutral and can't be good or bad.
You actually can blame people for being ignorant it takes 5 minutes to do research on any topic in today's world. We have a library before our very eyes and in this age of knowledge and technology, there is no excuse for ignorance of any kind.
Thinking crypto is being used to fund terrorist activity is pure paranoia and is ridiculous. Just looking for a place to pass the buck.
99% of the cryptocurrencies aren't even big enough to be able to cover transactions of a single super market let alone want to be used in money laundering and terrorism that are handling billions of dollars at a time. not to mention that majority of altcoins are indeed shitcoins that lose value in a blinking of an eye. no money launderer would ever want to suddenly lose a huge percentage of their money.
they still stick to using USD because it is the most reliable currency for illegal activities with the most stable value.
they still stick to using USD because it is the most reliable currency for illegal activities with the most stable value.
Exactly thank you. They go on and on about money laundery but have such low withdraw rates. They want to control us not protect. People who launder money do so in massive amounts not the amounts we trade in.
Indeed, today there seems to be a very big problem in laundering dirty money obtained by criminal means, as well as financing of criminal organizations, which is a very big problem in the world. This situation can be resolved only if state structures control the cryptocurrency and at the same time each owner will provide their passport data. I believe that this requirement will be mandatory for all cryptocurrency users.
Money laundering and terrorism has been a major problem even before the introduction of cryptocurrencies, thus the major task remains with various government to monitor all forms of transactions via cryptos by ensuring compulsory complaint to KYC this will enable the authorities consigned to track any form of illegal transaction by questioning the origin and the source of the fund.
We are all aware of the threats posed by ISIS, BOKO HARAM, AL QUEDA etc these are major terrorist organization that needs funding for their dastardly acts and to carry out their operations of course they might divert to using cryptocurrencies to transfer funds for their day to day activities.
We are all aware of the threats posed by ISIS, BOKO HARAM, AL QUEDA etc these are major terrorist organization that needs funding for their dastardly acts and to carry out their operations of course they might divert to using cryptocurrencies to transfer funds for their day to day activities.
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