Topic: Dark use of Bitcoin - page 15. (Read 23467 times)
To me, bitcoin makes the process of transferral of money seamless and more efficient. And in this process the downside to it all is that illegal activities are funded. However one must weigh up on the benefits of this centralised currency that outweigh the disadvantages to determine if it truly is a major issue.
1) Are you used Bitcoin to buy illegal staff 
I find myself as a good person and I actually don't like illegal things so that is why I have no intention buying illegal things through the use of my bitcoin.2) which better to buy legal things Bitcoin or Normal Bank system (PP,payeer,cash ,.............)
For now, I think normal bank system is more convenient to use on buying legal things, and also bitcoin is, but only few merchants accept bitcoin as a payment so it will end up hard. And I don't like things getting more complicated!
Bitcoin users can also be subject to theft, scams, and frauds, which some argue is made easier because of Bitcoin’s structure and lack of regulation. Internet and computer security is extremely weak, while hackers have been getting much more sophisticated, so it would make sense that attacks would rise. So Bitcoin is not completely untrackable. Although there is no name attached to Bitcoin wallets, the wallets themselves, and transactions between wallets, are view-able to the public.
1) Are you used Bitcoin to buy illegal staff
2) which better to buy legal things Bitcoin or Normal Bank system (PP,payeer,cash ,.............)
2) which better to buy legal things Bitcoin or Normal Bank system (PP,payeer,cash ,.............)
I don't use bitcoin to buy illegal stuff because I am too afraid of the law and I don't want to break the law. in the past, I usually buy something on the internet using paypal and fortunately, my paypal account is verified so I can easily buy and pay with paypal. I am not familiar with payeer or else but in real life, I usually used cash to pay or buy something.
I also feel fear towards the government about any use of crypto currencies, but for now my country (Russia) still didn't take the final decision about crypto currencies, so I am using it freely, but I am impatient what kind of the law is going to be in the end. But I don't doubt there are people who take a risk and do or buy illegal things with crypto currencies with the hope the law will not touch them, maybe for now it works, but I don't think it is going to be so for long.
It only comes down to only one thing-conscience. If you are a good person who handles things responsibly,takes care of family, earns to make them happy and satisfied, then probably you wont misuse not just bitcoins but any other form of money as well. . Just like any other game this has also its own rules. So it all depends on you whether you want to actually follow them or not. Personally I feel that is our moral responsibility to put bitcoins to good use unless you want to be known as a notorious gangster or as some kind of a whacko-choice is all yours...
. Just like any other game this has also its own rules. So it all depends on you whether you want to actually follow them or not. Personally I feel that is our moral responsibility to put bitcoins to good use unless you want to be known as a notorious gangster or as some kind of a whacko-choice is all yours... 1) Are you used Bitcoin to buy illegal staff
2) which better to buy legal things Bitcoin or Normal Bank system (PP,payeer,cash ,.............)
2) which better to buy legal things Bitcoin or Normal Bank system (PP,payeer,cash ,.............)
I don't use bitcoin to buy illegal stuff because I am too afraid of the law and I don't want to break the law. in the past, I usually buy something on the internet using paypal and fortunately, my paypal account is verified so I can easily buy and pay with paypal. I am not familiar with payeer or else but in real life, I usually used cash to pay or buy something.
I also feel fear towards the government about any use of crypto currencies, but for now my country (Russia) still didn't take the final decision about crypto currencies, so I am using it freely, but I am impatient what kind of the law is going to be in the end. But I don't doubt there are people who take a risk and do or buy illegal things with crypto currencies with the hope the law will not touch them, maybe for now it works, but I don't think it is going to be so for long.
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1) Are you used Bitcoin to buy illegal staff
2) which better to buy legal things Bitcoin or Normal Bank system (PP,payeer,cash ,.............)
2) which better to buy legal things Bitcoin or Normal Bank system (PP,payeer,cash ,.............)
I don't use bitcoin to buy illegal stuff because I am too afraid of the law and I don't want to break the law. in the past, I usually buy something on the internet using paypal and fortunately, my paypal account is verified so I can easily buy and pay with paypal. I am not familiar with payeer or else but in real life, I usually used cash to pay or buy something.
Bitcoin can be used to buy things electronically. In that sense, it’s like conventional dollars, euros, or yen, which are also traded digitally.However, bitcoin’s most important characteristic, and the thing that makes it different to conventional money, is that it is decentralized. No single institution controls the bitcoin network. This puts some people at ease, because it means that a large bank can’t control their money.
1) Are you used Bitcoin to buy illegal staff
2) which better to buy legal things Bitcoin or Normal Bank system (PP,payeer,cash ,.............)
2) which better to buy legal things Bitcoin or Normal Bank system (PP,payeer,cash ,.............)
Bitcoin can be use to buy illegal stuff but I choose not to because I don't want to get involved in something illegal. It is not only bitcoin that can be use to buy something illegal because anything that both parties (buyer and seller) agreed upon as payment option can be use whether it is fiat, precious metals or even barter of stuffs. Bitcoin is preferred by some because of its anonymity but cash transactions can have anonymity as well. Bitcoin has been existing for 9 years but illegal activities are happening since time immemorial so any payment option can be use.
I prefer to buy things that I need in cash simply because I perceived bitcoin as investment not as a currency and the limited merchants as well prevents me from spending it. The transaction fee is a hindrance as well when using bitcoin in small value transactions so as much as possible, I limit the transfer of bitcoin.
As you know, the most benefit is remain anonymous. And it attracts not only hackers, but also "ordinary" scammers , who prefer to stay in the shade when making dubiously legitimate transactions. Another reason for the high criminal activity around crypto-currencies is the poorly developed security infrastructure and the carelessness of most users. It is psychologically difficult for people to get used to the fact that money can be stored not in a bank account (even with online access), but in ordinary files on a home computer disk.Crypto-currencies, mainly Bitcoin, considered to be very popular on various services of the "dark network" (DarkNet ) . These servises are the main ways of making payments. This happens because of full anonymity and lack of control . It is quite obvious that the sellers of weapons, drugs and other "delights" of the black market became one of the first who started to use bitcoins seriously.A distinctive feature of such sites is that it can not be accessed the regular methods - using a usual browser. The method of anonymous transfer of money, and even the very idea of a decentralized currency, made it possible to greatly reduce the possibility of control by special services.
It's all in the mind of the person, because it is quite similar to the other types of currency for it can be used to buy stuff that are illegal.
normally, it is simply legal to buy illegal stuff. the statement described itself already. any kind of payment used to pay for illegal assets and products is already defined as illegal activity
I hope that there are not many such people. But it is known that there are sites on which you can buy illegal drugs with the help of bitcoins. Against these projects it is necessary to fight at the international level, but still it can not bring positive results.
That's why government play an important role in order to protect people from it.
My government still not legalize bitcoin because of this reason especially when my people still prefer to purchase drugs anonymously and bitcoin can be use for this advantage
I hope that there are not many such people. But it is known that there are sites on which you can buy illegal drugs with the help of bitcoins. Against these projects it is necessary to fight at the international level, but still it can not bring positive results.
Bitcoin is good for money transaction and for getting some knowledge like here in forum but there's a lot of person that use bitcoin to create a pshing site or they scam other with using bitcoin as a scam tools i think that is the dark side of bitcoin,we can avoid to being scam by just search if the person is trusted or their site is trusted
Why are you talking only about bitcoin? What you never heard about this phenomenon as the failure of banks and various funds. They only work with Fiat. This does not prevent them to conduct fraudulent activity. Any currency is only a tool in the hands of fraudsters. It's silly to blame it on bitcoin. 
1) Are you used Bitcoin to buy illegal staff
2) which better to buy legal things Bitcoin or Normal Bank system (PP,payeer,cash ,.............)
Of course not, I am using bitcoin for a good purpose. But I have read articles and/or discussing about bitcoin being used in illegal things, such as buying drugs, playing illegal games, buying unlicensed armors and others. This is such a disappointment to anyone who use bitcoin for a good purpose. Many of people goes to bitcoin to get jobs, to earn money, to invest and others and not for negative use, there may be some of these bad people who are in desperate to do their crimes, in which they've learned bitcoin and use for their crime. This thing may be one of the reasons why other countries banned bitcoin. And sooner or later if government will new all these illegal transaction using bitcoin, there maybe a chance of getting it banned in the whole world. 2) which better to buy legal things Bitcoin or Normal Bank system (PP,payeer,cash ,.............)
Bitcoin is good for money transaction and for getting some knowledge like here in forum but there's a lot of person that use bitcoin to create a pshing site or they scam other with using bitcoin as a scam tools i think that is the dark side of bitcoin,we can avoid to being scam by just search if the person is trusted or their site is trusted
John McCafe said that bitcoin is replaced by people on the darkweb using Monero because it is more anonymous compared to bitcoin. And I know IT experts can find solution to solve this problem in the future.
You mean McAfee? That would make more sense tho. Monero is focused on privacy unlike bitcoin. Bitcoin is only being blamed because it was the first.
Its just sad to put everything on bitcoin though. Its the widely used cryptocurrency and the first to gain a wide range of audience including criminals. But the design of bitcoin is not anonymous, hence they can still go after you and track everything. Monero is now the best anonymous coins, although its not as popular as bitcoin because it focuses more on privacy but it should be the logical choice for criminals who want to buy illegal items underground.
John McCafe said that bitcoin is replaced by people on the darkweb using Monero because it is more anonymous compared to bitcoin. And I know IT experts can find solution to solve this problem in the future.
You mean McAfee? That would make more sense tho. Monero is focused on privacy unlike bitcoin. Bitcoin is only being blamed because it was the first.
1) Are you used Bitcoin to buy illegal staff
2) which better to buy legal things Bitcoin or Normal Bank system (PP,payeer,cash ,.............)
2) which better to buy legal things Bitcoin or Normal Bank system (PP,payeer,cash ,.............)
I think that's already part of the options and ideas some dark minded people have on their list on how to gain money. It may also be a mover to do bad things through hacking or scamming people. There has been numerous news of managers and companies taking advantage of people through their ICOs. It's not really surprising anymore why some people think of cryptocurrency as something that's illegal.
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