Dark use of Bitcoin - page 4. | Bitcointalksearch.org

KrishaBitcoin

member

Activity: 350

Merit: 11

W12 – Blockchain protocol

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

For now i did not but i think if someone will use or spend Bitcoin to acquired illegal things then that person is an illegal too. If fiat currency can be used to buy good and bad things then of course Bitcoin currency too because they are the same currencies but only not the same plarform for spending. Some persons will easily use Bitcoin for their illegal means because of decentralize transactions but it is difficult to happen now because of regulation.

Clavulanic

sr. member

Activity: 714

Merit: 250

Quote from: Vishnu.Reang on October 02, 2018, 10:02:03 PM

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/ Define "illegal". What is legal in one country may be illegal in another. And some of the items which are not de jure legal may be de facto legal.
2/ It is up to you. If you get good deals with Bitcoin payments, then go with it.

Definitely we didn't have exact point on how we spent bitcoin for our daily lives, and partly that's right having freedom of decentralized bitcoin depends on how we finally deal with it in proper manners. In a certain country which bitcoin always in focus of, there's no circumstances when a specific transaction wasn't actually transparent to the authorities or a government body so no strict implementations for whatsoever dark uses. As long as it remains smoothly processed behind separation from fiat economy, I guess that's fairly successful to use regardless on how good or bad it is.

green547

full member

Activity: 385

Merit: 101

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.....

TIN1114

newbie

Activity: 136

Merit: 0

I don't think bitcoin has been classified as illegal, a secretive one though but I don't think its illegal. I haven't bought any illegal things using bitcoin too. Though there are black propagandas and scammers out there using bitcoins and cryptocurrencies in general. It's a matter of weighing the risk because obviously bitcoin is much more risky than the investments offered by banks.

Vishnu.Reang

sr. member

Activity: 1988

Merit: 453

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/ Define "illegal". What is legal in one country may be illegal in another. And some of the items which are not de jure legal may be de facto legal.
2/ It is up to you. If you get good deals with Bitcoin payments, then go with it.

zahed

full member

Activity: 344

Merit: 107

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

Bitcoin used in a lot of bad things to hear in the mouth but i have never tried to use it in a bad way. I know it's very much used in the Dark Wave.
Personally i bought legal thing by using BTC.

vessing

full member

Activity: 378

Merit: 100

Quote from: CoinEraser on August 27, 2018, 11:04:10 AM

Quote from: alex3.alex03 on August 23, 2018, 08:56:15 AM

Criminals are increasingly using bitcoin for illegal transactions, preferring crypto-currencies, whose transactions are more difficult to track.

I have to disappoint you. Less and less Bitcoin transactions are used for illegal things. The number of serious transactions is increasing and the number of illegal ones is decreasing. You could read this in the news in the last weeks. Besides, it is not nice to use Bitcoin for illegal things, because he is only semi-annonymous. There are companies that have already analyzed the blockchain and know what Bitcoins are used for. Wink

Crypto currency is often accused of being used for illegal purposes. However, another study showed that in fact only a small percentage of them are used for illegal operations. Currently less than 1% of Bitcoin-tokens are used for illegal operations.

CoinEraser

legendary

Activity: 1988

Merit: 1768

Quote from: alex3.alex03 on August 23, 2018, 08:56:15 AM

Criminals are increasingly using bitcoin for illegal transactions, preferring crypto-currencies, whose transactions are more difficult to track.

I have to disappoint you. Less and less Bitcoin transactions are used for illegal things. The number of serious transactions is increasing and the number of illegal ones is decreasing. You could read this in the news in the last weeks. Besides, it is not nice to use Bitcoin for illegal things, because he is only semi-annonymous. There are companies that have already analyzed the blockchain and know what Bitcoins are used for. Wink

mansilkroad

newbie

Activity: 62

Merit: 0

1. no I've never bought anything illegal because I never needed to. 2. It's obvious that it's better to use cryptocurrencies to buy such stuff. Monero is being used for such purchases.

Popov_popov

newbie

Activity: 96

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

No, bitcoin was not created for this.

alex3.alex03

jr. member

Activity: 126

Merit: 1

Criminals are increasingly using bitcoin for illegal transactions, preferring crypto-currencies, whose transactions are more difficult to track.

Zohina

newbie

Activity: 81

Merit: 0

Quote from: detector on October 26, 2017, 09:57:12 AM

Bitcoin provide anonymous transaction so it can't be trace easily but police still able to track down although they require more resource to find the suspect.
Because of this reason, my government still not legalize bitcoin in order to protect people from corruptor / money laundry etc

actually in tracking money laundering crimes, developed countries can trace through unusual money movements, possibly from quantities or from the purchase of suspicious goods and services, because the technology of developed countries is very supportive of interconnected financial systems. but it does not apply to developing countries whose financial oversight system is still very weak, so many developing countries are prohibiting the use of cryptocurrecy currency, one of them bitcoin, because they have not been able to control the movement of money, especially money laundering from corruption.

Carrelmae10

member

Activity: 588

Merit: 10

..We have the option on how we are going to use and treat Bitcoin.. but for me it's No..I'm not using Bitcoin in illegal way,,the positivism that Bitcoin gives to me means a lot..I am using my Bitcoin in a good way..because this give me much pleasure that nothing else can replace..for i do believe in the power of it..How sad that many uses Bitcoin in a wrong way,,that could probably result in misunderstanding and causes it to become permanently banned because on the wrong use it.

maydna

hero member

Activity: 2912

Merit: 556

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

I think we have the option for using bitcoin for illegal or legal things but we need to remember that it is better to use bitcoin for legal things so we don't have to get any problem with our governments. and if you can do with legal then why you want to use the illegal way of using bitcoin and it could make you go to jail. and if we still use bitcoin for illegal things then I think it is a small chance for bitcoin to be accepted by the government because they see that bitcoin is only for illegal things and in the end, we are difficult to use bitcoin again.

deppil

hero member

Activity: 1008

Merit: 501

Quote from: East2011 on July 17, 2018, 07:23:07 AM

Me, I don't use bitcoin in illegal transaction. Buy i think there are many people who use bitcoin illegally. They use it in gambling, drugs, terrorism and there is news that some people use bitcoin in money laundering.

Yeah we know that. bitcoin has a user of more than 10 million people with different purposes in using bitcoin. certainly among of them
some use bitcoin for illegal transactions. but because of the decentralized bitcoin they are free to use bitcoin as they wish

Zohina

newbie

Activity: 81

Merit: 0

Quote from: ballerin and giroud on October 26, 2017, 02:28:41 AM

So far I haven't made an illegal purchase with bitcoin. Actually there's no different to buy illegal using bitcoin and money chas. As long the seller receive cryptocurrency.

buying anything with any currency depends on the perpetrator itself, the cryptocurrency currency itself is only a tool, but usually for illegal purchases usually law enforcement agencies can track it from the movement of the goods, and also can track it from anywhere , so be wise to use bitcoin try to be used for the good alone.

InterFinex_JB

newbie

Activity: 42

Merit: 0

I will never use bitcoin to buy anything illegal. Whatever you decided to do, it will reflect on you in the future. It is not impossible not to trace illegal transactions even for Bitcoins but still, it can be done.

ranman09

full member

Activity: 756

Merit: 112

Quote from: Zackgeno96 on October 26, 2017, 02:18:25 AM

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

Do you mean illegal stuff ?

I have never used bitcoins to buy the illegal products and I think people should also make clean use of the bitcoins.

I agree this is good for wide adoption. A good image on bitcoin can make people feel comfortable with it. Let's make illegal activities underground.

TooDumbForBitcoin

legendary

Activity: 1638

Merit: 1001

Quote from: LuckyMan21 on July 17, 2018, 02:11:22 PM

I have never used Bitcoin for bad purposes, but I've often heard how people use crypto currency. Anonymity will always be used for different purposes

Bitcoin isn't anonymous coin, it is pseudo-anonymous. FBI arrests hackers, drug dealers and other criminal (who used bitcoin) on a regular basis

hySyn17

newbie

Activity: 84

Merit: 0

You can buy legal and illegal stuff with your own paper moneys/Fiat moneys and it is the same with Bitcoin as it is not an exemption to the rule of money, as long as you can spend valuable things in exchange of other things whether it is good or bad. It is just a matter of who will gonna use the money though and we all know the saying 'Money is the root of all evil' so meaning it is evil but if you use it in a good way then it is not. It just happened that Bitcoin is an international digital currency but it is still 'Money

Topic: Dark use of Bitcoin - page 4. (Read 23485 times)