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Topic: Dark use of Bitcoin - page 18. (Read 23467 times)

sr. member
Activity: 420
Merit: 255
October 31, 2017, 10:26:03 AM
#65
I fully support you. But I think what we do is not beneficial to the government legalized bitcoin. If it is a revolution, then let them be themselves and we're on our own. We have been from them do not expect anything good. In our hands the freedom. Now let them compete in attractiveness with bitcoin or let the politicians leave.
sr. member
Activity: 308
Merit: 251
October 31, 2017, 09:59:17 AM
#64
1) Are you used Bitcoin to buy illegal staff Huh
2) which better to buy legal things  Bitcoin or Normal Bank system (PP,payeer,cash ,.............)

This discussion seems not really necessary or just part of black propaganda. Whatever the intention is I hope you find your answer. Bitcoin can be used to buy illegal stuff even fiat money or gold you can trade with that. So it’s not on bitcoin alone it is an open secret that buying illegal things is present since the world began with or w/out bitcoin.

I am certain that buying with bitcoin comes with anonymity but having mobile phones dealing with criminals is against the rule, so cash is more acceptable brand of bargaining.
I can say more. The capitalization of the bitcoin is much smaller than the annual turnover of narcotics. Illicit arms trafficking is only possible with the use of Fiat. Why is no one talking about the fact that you need to ban dollars? This currency is used in most of the illegal transactions. Give me an example of illegal transaction for the sale of oil by Iran which is under sanctions. The prosecution of bitcoin all these are just examples of the information war.

Agreed totally, No one will ask to ban fiat for the reason they’re profiting from it unlike bitcoin/cryptocurrency we are the ordinary(mostly) are the one profiting. This is the proof of they’re biases and the government itself is part of it. This is a revolution against them and to stop it is the main goal that they’re organization is prioritising.

Hope that the time for them to refrain from making this unreliable and untruthful statements will be sooner. I’m tired of them.
newbie
Activity: 22
Merit: 0
October 31, 2017, 08:32:15 AM
#63
It cannot be avoided, but people tend to find ways to get around illegal activities, and bitcoin is no exception.
It just leads down to the individual user, I guess.
sr. member
Activity: 434
Merit: 252
October 30, 2017, 09:30:11 AM
#62
Well, as for me, I have Bitcoins and I use it for legitimate purposes. Like for instance, I do Bitcoin trading, loaning, and mining. And when the prices are high, I convert it to fiat so I can use the same as funding for my future endeavors.

It is inaccurate to say that when people use Bitcoins, they are into illegal transactions. In fact, a lot of people who use fiat are into illegal transactions. So I guess using one as contrasted to the other is NOT conclusive of what your activities are.
You pay the taxes on their transactions with bitcoin? Probably not. This means that from the point of view of the government you use bitcoin to escape taxes. It is a crime. States always adhere to the tactics who is not with us is against us. Bitcoin allows us to exist independently. Can we not cooperate with the government if we don't trust politicians. For them, it is like a death sentence. Therefore, they are afraid of bitcoin.
hero member
Activity: 882
Merit: 506
October 30, 2017, 08:21:51 AM
#61
Well, as for me, I have Bitcoins and I use it for legitimate purposes. Like for instance, I do Bitcoin trading, loaning, and mining. And when the prices are high, I convert it to fiat so I can use the same as funding for my future endeavors.

It is inaccurate to say that when people use Bitcoins, they are into illegal transactions. In fact, a lot of people who use fiat are into illegal transactions. So I guess using one as contrasted to the other is NOT conclusive of what your activities are.
member
Activity: 616
Merit: 30
October 30, 2017, 02:28:01 AM
#60
1) Are you used Bitcoin to buy illegal staff Huh

2) which better to buy legal things  Bitcoin or Normal Bank system (PP,payeer,cash ,.............)
what king of stupid question is that .do you think someone would really tell the truth about BUYING ILLEGAL STUFF here?what kind of planet you belong?stupidity sorround us now a days,starting with this one.have some sense before posting.or better shut up your mouth..
full member
Activity: 183
Merit: 101
October 30, 2017, 12:27:02 AM
#59
1) Are you used Bitcoin to buy illegal staff Huh

2) which better to buy legal things  Bitcoin or Normal Bank system (PP,payeer,cash ,.............)
I haven't decided to buy something with btc.
who knows today you buy something of $10 in 2btc and tomorrow you know that you can get that thing in just 1btc  Grin
sr. member
Activity: 546
Merit: 250
October 29, 2017, 11:51:07 PM
#58
I am not using Bitcoin for "Dark Use" or illegal transactions. I am more of an investor and doing signature campaigns to get some extra money to spend in my expenses. But Bitcoin is actually being used for it. This is because the idea of Bitcoin with anonymous transactions is an opportunity for them. This is also why the government is trying to regulate Bitcoin. Some countries even banned it already and the same reason that shut down Bitcoin companies for trading.

I guess it is not east to avoid people who would take opportunity in bitcoin either good or bad. It is really not easy to track where the money would go so their are really some exchange sites that are already requiring basic identity verification. Which is hard to understand for other users saying it is a hussle butf for me, that could also be a good thing to at least have records on who is using and getting money.
member
Activity: 60
Merit: 10
October 29, 2017, 10:57:00 PM
#57
I am not using Bitcoin for "Dark Use" or illegal transactions. I am more of an investor and doing signature campaigns to get some extra money to spend in my expenses. But Bitcoin is actually being used for it. This is because the idea of Bitcoin with anonymous transactions is an opportunity for them. This is also why the government is trying to regulate Bitcoin. Some countries even banned it already and the same reason that shut down Bitcoin companies for trading.
member
Activity: 164
Merit: 10
October 29, 2017, 09:56:29 PM
#56
not sure why people would want to admit they use bitcoin to do illegal things lol. But those people should also know they're screwing it up for the rest of us
legendary
Activity: 1526
Merit: 1179
October 29, 2017, 06:23:38 PM
#55
No doubt that BTC could give some ease to such transactions coz, unlike bank system BTC transaction is untraceable and anonymous.
Bitcoin transactions offer people convenience and that's really it. I don't consider Bitcoin to be anonymous at all. If I need a certain level of anonymity when it comes to something illegal, I rather use something like Monero.

It doesn't offer 100% anonymity, but at least it's far better than what Bitcoin could ever offer me. For that reason I believe that Monero and some other similar privacy crypto's will slowly take over Bitcoin in deep web markets.

It's something that should have happened a long time ago, but it is what it is. It's likely because of the fact that altcoins still weren't really picking up in terms of adoption, but that's changing already ~ the entire crypto has evolved.
sr. member
Activity: 518
Merit: 257
October 29, 2017, 07:37:31 AM
#54
Already such transaction is happening with cash. So we can't say that BTC will be responsible for such things. People who want to buy illegal stuff like drugs etc will buy it...no matter transaction is done with cash, gold, BTC or any other currency.
No doubt that BTC could give some ease to such transactions coz, unlike bank system BTC transaction is untraceable and anonymous.
hero member
Activity: 868
Merit: 535
October 28, 2017, 12:30:39 PM
#53
1) Are you used Bitcoin to buy illegal staff Huh

2) which better to buy legal things  Bitcoin or Normal Bank system (PP,payeer,cash ,.............)

Well I guess nobody in this thread will ever admit to using Bitcoins to buy illegal stuff. What is illegal, being subjective by nature, depends on the country of jurisdiction.

To buy legal things, you can use either Bitcoins or fiat. It is up to you. But be mindful of its current values before deciding to use either of them for you might be at the losing end if you misappropriated an amount that should have been used for investment.
full member
Activity: 392
Merit: 137
October 28, 2017, 10:37:27 AM
#52
1) Are you used Bitcoin to buy illegal staff Huh
2) which better to buy legal things  Bitcoin or Normal Bank system (PP,payeer,cash ,.............)

This discussion seems not really necessary or just part of black propaganda. Whatever the intention is I hope you find your answer. Bitcoin can be used to buy illegal stuff even fiat money or gold you can trade with that. So it’s not on bitcoin alone it is an open secret that buying illegal things is present since the world began with or w/out bitcoin.

I am certain that buying with bitcoin comes with anonymity but having mobile phones dealing with criminals is against the rule, so cash is more acceptable brand of bargaining.
I can say more. The capitalization of the bitcoin is much smaller than the annual turnover of narcotics. Illicit arms trafficking is only possible with the use of Fiat. Why is no one talking about the fact that you need to ban dollars? This currency is used in most of the illegal transactions. Give me an example of illegal transaction for the sale of oil by Iran which is under sanctions. The prosecution of bitcoin all these are just examples of the information war.
full member
Activity: 197
Merit: 100
October 28, 2017, 06:20:00 AM
#51
1) Are you used Bitcoin to buy illegal staff Huh

2) which better to buy legal things  Bitcoin or Normal Bank system (PP,payeer,cash ,.............)


Sorry I Don't Use Bitcoin to buy any illegal Staff. Because I don't Need it.

Bitcoin is best way to buy legal things if your client or merchant  accept it or  where you want to buy. Every one don't accept it.

If you use bitcoin tht's time you so much benefit, Like its safe and secure, low fee and so much fast for transaction. But Your other payment method don't give this benefit. So think about it.     
sr. member
Activity: 630
Merit: 263
October 28, 2017, 03:51:06 AM
#50
In many posts on different forums in the media, on TV lately you can read about what bitcoin is used in illegal transactions. More often there are reports that bitcoin is a bubble. However, no conclusive evidence it is not. I think that is part of the company's banks aimed at discrediting bitcoin. To combat illegal activities there is a special service let them do their job and not blame all the sins of bitcoin.
sr. member
Activity: 308
Merit: 251
October 28, 2017, 02:56:24 AM
#49
1) Are you used Bitcoin to buy illegal staff Huh
2) which better to buy legal things  Bitcoin or Normal Bank system (PP,payeer,cash ,.............)

This discussion seems not really necessary or just part of black propaganda. Whatever the intention is I hope you find your answer. Bitcoin can be used to buy illegal stuff even fiat money or gold you can trade with that. So it’s not on bitcoin alone it is an open secret that buying illegal things is present since the world began with or w/out bitcoin.

I am certain that buying with bitcoin comes with anonymity but having mobile phones dealing with criminals is against the rule, so cash is more acceptable brand of bargaining.
full member
Activity: 476
Merit: 100
October 28, 2017, 01:59:49 AM
#48
1) Are you used Bitcoin to buy illegal staff Huh

2) which better to buy legal things  Bitcoin or Normal Bank system (PP,payeer,cash ,.............)

i think, the most important thing is  'what is your intention'. if your intention is to buy illegal things then no one can prevent you from doing it [if you use money or crypto like btc whatever] so the question is not about the currency, it is all about your intention.


Right. If a person really wants to buy any illegal things, he will find a way and he will do it. Either bitcoin or fiat, it depends on that particular individual on what he is going to do with his money.
sr. member
Activity: 1162
Merit: 260
October 28, 2017, 12:19:09 AM
#47
1) Are you used Bitcoin to buy illegal staff Huh

2) which better to buy legal things  Bitcoin or Normal Bank system (PP,payeer,cash ,.............)
1. No I never use bitcoin for any illegal purpose.
If any one brought or done any illegal thing I don't think that he will admit it here.
2. If you have any concern about legality when buying any thing with btc then you may convert it to flat then using the exchanger which are legal in your country.
hero member
Activity: 1834
Merit: 759
October 27, 2017, 11:52:49 PM
#46
I have never used Bitcoin to buy illegal stuff and I never will. This isn't even coming from a moral standpoint. I simply am not interested in illegal stuff. There's also the fact that it's these very activities that paint Bitcoin in a bad light. Think of all the ransomware floating around the internet, with the hackers demanding Bitcoin to decrypt their files. You think people victimized by these will trust Bitcoin again? So yeah, I would rather not help in the further spread of that, especially because Bitcoin's image is slowly being liberated from that.

As for which is better, cash for personal transactions because they can't be traced, Bitcoin for online transactions, because they're somewhat anonymous. Really though, just don't do illegal stuff lol.
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