Dark use of Bitcoin - page 3. | Bitcointalksearch.org

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Quote from: Bizard on November 15, 2018, 09:02:18 AM

Quote from: bryant.coleman on November 11, 2018, 04:03:36 AM

Quote from: Bizard on November 08, 2018, 11:23:11 AM

In the CIS countries, bitcoin has become accustomed to drug traffickers, many people have already been caught and are in prison for selling through bitcoin, and even sex services)))

But then, what is the proportion of the criminals who use Bitcoin, when compared to those who use fiat currency? As far as I know, the vast majority of the criminals prefer payments in fiat currency rather than in Bitcoin. The reason is that physical cash is much more anonymous than BTC.

Do not tell me from Russia and we only have time to catch for the crime where bitcoin is involved, a lot of police officers were imprisoned, they were noticed for money laundering or drug trafficking brought from Kazakhstan. Here in Siberia, drugs are sold through telegrams for bitcoin, and I also heard that drug addicts get paid in bitcoin.

I don't know how true this is. Here in Singapore, drug trafficking is quite rare. And even with such a low prevalence, most of the transactions are being done in exchange for fiat currency.

Bizard

copper member

Activity: 180

Merit: 0

Quote from: bryant.coleman on November 11, 2018, 04:03:36 AM

Quote from: Bizard on November 08, 2018, 11:23:11 AM

In the CIS countries, bitcoin has become accustomed to drug traffickers, many people have already been caught and are in prison for selling through bitcoin, and even sex services)))

But then, what is the proportion of the criminals who use Bitcoin, when compared to those who use fiat currency? As far as I know, the vast majority of the criminals prefer payments in fiat currency rather than in Bitcoin. The reason is that physical cash is much more anonymous than BTC.

And we have a very popular Bitcoin, in all areas, since wages in Siberia are very small 250-350 dollars, people carry their money in Bitcoin, and many took loans at 20% per annum, and with such a hyip, Cashbery Coin crypt was created in Russia, a huge financial pyramid that so many people cheated that now all its participants are hiding in England, lot.

Bizard

copper member

Activity: 180

Merit: 0

Quote from: bryant.coleman on November 11, 2018, 04:03:36 AM

Quote from: Bizard on November 08, 2018, 11:23:11 AM

In the CIS countries, bitcoin has become accustomed to drug traffickers, many people have already been caught and are in prison for selling through bitcoin, and even sex services)))

But then, what is the proportion of the criminals who use Bitcoin, when compared to those who use fiat currency? As far as I know, the vast majority of the criminals prefer payments in fiat currency rather than in Bitcoin. The reason is that physical cash is much more anonymous than BTC.

Do not tell me from Russia and we only have time to catch for the crime where bitcoin is involved, a lot of police officers were imprisoned, they were noticed for money laundering or drug trafficking brought from Kazakhstan. Here in Siberia, drugs are sold through telegrams for bitcoin, and I also heard that drug addicts get paid in bitcoin.

ningrumxxi

newbie

Activity: 80

Merit: 0

Quote from: Forts1946 on October 25, 2017, 04:08:09 PM

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 ,.............)

in our country, bitcoin has not been able to buy items, here bitcoin is only traded like commodities, so its use is still not in accordance with the original nature of bitcoin, namely digital currency, but if used definitely to do legal business because we all know that law enforcement officers can certainly trace the perpetrators of crime, so illegal goods are very easy to trace law enforcement.

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Quote from: Bizard on November 08, 2018, 11:23:11 AM

In the CIS countries, bitcoin has become accustomed to drug traffickers, many people have already been caught and are in prison for selling through bitcoin, and even sex services)))

But then, what is the proportion of the criminals who use Bitcoin, when compared to those who use fiat currency? As far as I know, the vast majority of the criminals prefer payments in fiat currency rather than in Bitcoin. The reason is that physical cash is much more anonymous than BTC.

Bizard

copper member

Activity: 180

Merit: 0

In the CIS countries, bitcoin has become accustomed to drug traffickers, many people have already been caught and are in prison for selling through bitcoin, and even sex services)))

Buttermellow

member

Activity: 462

Merit: 14

Quote from: Forts1946 on October 25, 2017, 04:08:09 PM

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. of course not but using bitcoin to buy illlegal things is only a descretion to a bitcoin holder. But, even if you can actually buy illegal staff it doesn't mean that you will not be compromise for some exchanges are implementing one time KYC doing transactions with them.

2. Bitcoin is a digital currency. It is also considered as an asset because of its nature the volatility and people were hoarding on it instead of using it as a form of payment. In this matter since bitcoin is volatile using it might loss the one especially if market price is down. It is not a good practice if one will use bitcoin as a form of payment if market is down.

HomuHomu

newbie

Activity: 27

Merit: 0

In my opinion,my and my friends never used BTC for any ilegal thing, but in our country i hear narcos are using BTC insteat fiat,and the police dont know so much about crypto.

Bizard

copper member

Activity: 180

Merit: 0

Very often I heard that drugs are bought through Bitcoin and merchants are paid a salary, anonymity will not give Bitcoin a bright future, as such it will be combined in many deadly sins!

Fulmand

sr. member

Activity: 568

Merit: 250

Quote from: budakjawa on October 30, 2018, 09:26:47 PM

Quote from: KorakPawon on October 30, 2018, 09:14:44 AM

I can't say that bitcoin is for dar usage or buying something illegal, bitcoin is also can be used for paying legal staff. The reason why bitcoin seemingly used for illegal things just because no one can trace it, unlike fiat money or credit card or visa. So, of course people with bad intention will used it exclusively. And as you know, buying illegal or legal thing is depend on the people, not bitcoin as the currency.

all currencies can be used for every transaction and what also happens in fiat, washing crypto money is indeed difficult to trace, but if there is strong regulation, the government will be more assertive in identifying all shipments of expedition services. Many things have no solution, but everything will return to the awareness of users and the government to continue to develop binding laws.

The regulation nowadays also affected bitcoin's progress in developing a good price, but it's advantages given us a great way to make bitcoin a much trusted crypto. Thus fraud actions will be determined quickly unlike previous year's scenario which made the bubble price became a bull run like impressions, but reality will speak that most of the dark sides of bitcoin was used actually.

budakjawa

member

Activity: 471

Merit: 10

Quote from: KorakPawon on October 30, 2018, 09:14:44 AM

I can't say that bitcoin is for dar usage or buying something illegal, bitcoin is also can be used for paying legal staff. The reason why bitcoin seemingly used for illegal things just because no one can trace it, unlike fiat money or credit card or visa. So, of course people with bad intention will used it exclusively. And as you know, buying illegal or legal thing is depend on the people, not bitcoin as the currency.

all currencies can be used for every transaction and what also happens in fiat, washing crypto money is indeed difficult to trace, but if there is strong regulation, the government will be more assertive in identifying all shipments of expedition services. Many things have no solution, but everything will return to the awareness of users and the government to continue to develop binding laws.

KorakPawon

member

Activity: 350

Merit: 11

I can't say that bitcoin is for dar usage or buying something illegal, bitcoin is also can be used for paying legal staff. The reason why bitcoin seemingly used for illegal things just because no one can trace it, unlike fiat money or credit card or visa. So, of course people with bad intention will used it exclusively. And as you know, buying illegal or legal thing is depend on the people, not bitcoin as the currency.

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Quote from: Forts1946 on October 25, 2017, 04:08:09 PM

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 ,.............)

If someone had actually used Bitcoin to purchase illegal stuff, do you really think that they are stupid enough to brag about it here in Bitcointalk? As of now, you may be aware that the law enforcement agencies keep a close watch on forums such as this one.

dianepot

member

Activity: 392

Merit: 10

Quote from: Forts1946 on October 25, 2017, 04:08:09 PM

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 never use bitcoin to buy any illegal stuffs. Yes. Anyone whose using bitcoin can buy illegal things becuse no one can trace them except if they want some meetups. They're (fiat & bitcoin) like the same since you can still buy illegal stuffs if you really want to.

Just always be precautious in transacting.

roadwell890

member

Activity: 490

Merit: 11

depending on culture in each country, there are countries that do not allow gambling, and include the use of crypto in it, as well as drug regulation and certain investment patterns, if it is still in the corridor that is not excessive, it should not be a problem.

every business has certain rules, even though it is not connected with crypto business, the equality of use that is not permitted in the fiat business must be equated.

Tanya12356

full member

Activity: 476

Merit: 100

Quote from: brr22 on October 24, 2018, 10:48:55 AM

You do not laugh yourself that lit? in my country they kill for a currency that is running (dollars or national) .. and where does the crypto (.. kill for a piece of bread ..

What country are you in?? The first time I hear such things about such cases.!

brr22

member

Activity: 504

Merit: 13

When I was small, I went to kindergarten, everyone said to me, do not do this, do not give up this, I grew up = I had my own opinion, I put the dick on all consultants now, this is my life .. who will answer me the answer?

brr22

member

Activity: 504

Merit: 13

You do not laugh yourself that lit? in my country they kill for a currency that is running (dollars or national) .. and where does the crypto (.. kill for a piece of bread ..

Vishnu.Reang

sr. member

Activity: 1988

Merit: 453

Quote from: green547 on October 03, 2018, 01:32:13 PM

Detractors will often bring up the use of bitcoin to participate in illegal activities. Well, cash is used a lot more in drug deals an other criminal activities. Not many drug dealers in my area are accepting bitcoin.....

As far as the drug dealers are concerned, there is only one form of currency that is 100% anonymous. And that happens to be fiat cash. Even Bitcoin is not as untraceable as fiat cash.

Carrelmae10

member

Activity: 588

Merit: 10

..i do use Bitcoin in a legal way,,because i do believe in the power of Bitcoin..because this give me a life changing moment..the negativity that Bitcoin give is that other people use it in a illegal way,,that's why other countries ban and treat Bitcoin as a scam..nevertheless,,it is good to buy something in your fiat currency because the volatility of bitcoin value is inevitable..

Topic: Dark use of Bitcoin - page 3. (Read 23469 times)