Dark use of Bitcoin - page 9. | Bitcointalksearch.org

chennan

legendary

Activity: 1316

Merit: 1004

Quote from: premmak on April 24, 2018, 03:36:37 AM

Why would anyone with sane mind would use Bitcoin for legal payments. Either use any other reasonably efficient currency like ETH or XRP. Effect of proof of Work on BTC is very hard . It may be usable when lightning network comes inaction

Wtf? Proof of Work enables the security of the network, this doesn't refer to the backlog of transactions on the network at all. I actually thought you were about to say just use Venmo, Paypal, Visa, Etc; which would make sense, but using Eth, which is a dApp token doesn't make any sense and still can't really understand why it is being used as a currency like Bitcoin.

jembaba1

newbie

Activity: 150

Merit: 0

I think everybody should use legal everything but sometimes we can have some problems for legal situtations. then maybe we can use illegal things..

premmak

newbie

Activity: 39

Merit: 0

Why would anyone with sane mind would use Bitcoin for legal payments. Either use any other reasonably efficient currency like ETH or XRP. Effect of proof of Work on BTC is very hard . It may be usable when lightning network comes inaction

imsotiredofmoviereboots

full member

Activity: 476

Merit: 100

It's already said in a report that it is just less than 1% of bitcoin used for illegal crimes. I'm a huge supporter of bitcoin so I won't use it in anything that is prohibited by law like drugs.

Tapyaks72

member

Activity: 490

Merit: 28

Quote from: MCVXYZ on April 13, 2018, 10:12:22 AM

Quote from: Kambal2000 on April 13, 2018, 04:11:38 AM

Quote from: MCVXYZ on April 12, 2018, 01:51:57 PM

Quote from: crisanto01 on April 08, 2018, 11:08:18 AM

Quote from: Grossmann Jr. on April 05, 2018, 10:04:03 AM

Me - I have never used bitcoin for some illegal transactions, but heard that some people do buy drugs with the usage of bitcoin

Since bitcoin entered our community and society many people though of ways to make transactions illegal, just like buying illegal drugs, making bribe for government officials which we cannot control, but the thing is that although we don't have bitcoin we cannot eliminate crimes.

I can't understand why do people say that bitcoin is the greatest threat to our safety...Today cash(and credit cards on the web) is the dominant payment method that is used in society,So if you use your money carefully there will not be intermediaries and you will do everything what you want by your cash,At the same time,when we are talking about the dark side of bitcoin we must notice that this coin is not anonymous to the same level as cash is...Bitcoin is just an idea behind the cryptography and we mustn't see unreal problems in it...In additional when we are talking about decentralization and when people consider bitcoin as a criminal tool they must take into account that bitcoin is anonymous only for ungrounded interferences and intermediaries.

All of them could be used as a tool for committing illegal activities and there is no way to totally eliminate them all that is why it is up to although with or without bitcoin, crimes will be anywhere and we cannot avoid it to happen.

It may be used as a tool for committing illegal activities but I told that investigations for investigative authorities may be easier than in another situation...Why? People blindly say that bitcoin is perfectly anonymous but they don't know that bitcoin adresses are hashes of public keys,we don't use our real names but we use pseudo names,We use our public key hash as our identity,So linking a Bitcoin address to a real-world identity is easy for special,investigative authorities and for them who know computer sience.Especially,All we know that majority of exchanges ask for our identificial information,For example card number,driving licence,etc...Anyway pseudoanonymous doesn't mean full anonymous,because of one simple reason it can be deanonymized by other people. But for me its not the greatest threat to decentralization,because we need balance between public security and other rights...

Yeah in term of traceability crypto currency can easily be traced it is in the cyber world money trail can easily be traced unlike paper money that is not run through computer system and easily be faked. If I were a criminal I will hesitate to use crypto currency because it traceable.

MCVXYZ

member

Activity: 630

Merit: 24

Quote from: Kambal2000 on April 13, 2018, 04:11:38 AM

Quote from: MCVXYZ on April 12, 2018, 01:51:57 PM

Quote from: crisanto01 on April 08, 2018, 11:08:18 AM

Quote from: Grossmann Jr. on April 05, 2018, 10:04:03 AM

Me - I have never used bitcoin for some illegal transactions, but heard that some people do buy drugs with the usage of bitcoin

Since bitcoin entered our community and society many people though of ways to make transactions illegal, just like buying illegal drugs, making bribe for government officials which we cannot control, but the thing is that although we don't have bitcoin we cannot eliminate crimes.

I can't understand why do people say that bitcoin is the greatest threat to our safety...Today cash(and credit cards on the web) is the dominant payment method that is used in society,So if you use your money carefully there will not be intermediaries and you will do everything what you want by your cash,At the same time,when we are talking about the dark side of bitcoin we must notice that this coin is not anonymous to the same level as cash is...Bitcoin is just an idea behind the cryptography and we mustn't see unreal problems in it...In additional when we are talking about decentralization and when people consider bitcoin as a criminal tool they must take into account that bitcoin is anonymous only for ungrounded interferences and intermediaries.

All of them could be used as a tool for committing illegal activities and there is no way to totally eliminate them all that is why it is up to although with or without bitcoin, crimes will be anywhere and we cannot avoid it to happen.

It may be used as a tool for committing illegal activities but I told that investigations for investigative authorities may be easier than in another situation...Why? People blindly say that bitcoin is perfectly anonymous but they don't know that bitcoin adresses are hashes of public keys,we don't use our real names but we use pseudo names,We use our public key hash as our identity,So linking a Bitcoin address to a real-world identity is easy for special,investigative authorities and for them who know computer sience.Especially,All we know that majority of exchanges ask for our identificial information,For example card number,driving licence,etc...Anyway pseudoanonymous doesn't mean full anonymous,because of one simple reason it can be deanonymized by other people. But for me its not the greatest threat to decentralization,because we need balance between public security and other rights...

Kambal2000

sr. member

Activity: 700

Merit: 257

Quote from: MCVXYZ on April 12, 2018, 01:51:57 PM

Quote from: crisanto01 on April 08, 2018, 11:08:18 AM

Quote from: Grossmann Jr. on April 05, 2018, 10:04:03 AM

Me - I have never used bitcoin for some illegal transactions, but heard that some people do buy drugs with the usage of bitcoin

Since bitcoin entered our community and society many people though of ways to make transactions illegal, just like buying illegal drugs, making bribe for government officials which we cannot control, but the thing is that although we don't have bitcoin we cannot eliminate crimes.

I can't understand why do people say that bitcoin is the greatest threat to our safety...Today cash(and credit cards on the web) is the dominant payment method that is used in society,So if you use your money carefully there will not be intermediaries and you will do everything what you want by your cash,At the same time,when we are talking about the dark side of bitcoin we must notice that this coin is not anonymous to the same level as cash is...Bitcoin is just an idea behind the cryptography and we mustn't see unreal problems in it...In additional when we are talking about decentralization and when people consider bitcoin as a criminal tool they must take into account that bitcoin is anonymous only for ungrounded interferences and intermediaries.

All of them could be used as a tool for committing illegal activities and there is no way to totally eliminate them all that is why it is up to although with or without bitcoin, crimes will be anywhere and we cannot avoid it to happen.

MCVXYZ

member

Activity: 630

Merit: 24

Quote from: crisanto01 on April 08, 2018, 11:08:18 AM

Quote from: Grossmann Jr. on April 05, 2018, 10:04:03 AM

Me - I have never used bitcoin for some illegal transactions, but heard that some people do buy drugs with the usage of bitcoin

Since bitcoin entered our community and society many people though of ways to make transactions illegal, just like buying illegal drugs, making bribe for government officials which we cannot control, but the thing is that although we don't have bitcoin we cannot eliminate crimes.

I can't understand why do people say that bitcoin is the greatest threat to our safety...Today cash(and credit cards on the web) is the dominant payment method that is used in society,So if you use your money carefully there will not be intermediaries and you will do everything what you want by your cash,At the same time,when we are talking about the dark side of bitcoin we must notice that this coin is not anonymous to the same level as cash is...Bitcoin is just an idea behind the cryptography and we mustn't see unreal problems in it...In additional when we are talking about decentralization and when people consider bitcoin as a criminal tool they must take into account that bitcoin is anonymous only for ungrounded interferences and intermediaries.

burner2014

hero member

Activity: 952

Merit: 515

Quote from: rolerVX on April 10, 2018, 11:30:22 AM

If I try to imagine myself that I am in the situation of doing trading some illegal drugs that can be paid by bitcoin. I think it is not safe by doing that for it is illegal then bitcoin can be counterfeit the original image and they can possibly make it as payment. Same with money but the most harder that not acceptable is cryptocurrency as payment.

People can really attempt to do it, I don't that the reason is the poverty that is why they are doing bad things as there are lot of opportunities out there, they are just lazy enough to explore things, what they just want is to have an easy money, they don't care what will happen to the affected person that pays as a consequence with their moves.

rolerVX

newbie

Activity: 168

Merit: 0

If I try to imagine myself that I am in the situation of doing trading some illegal drugs that can be paid by bitcoin. I think it is not safe by doing that for it is illegal then bitcoin can be counterfeit the original image and they can possibly make it as payment. Same with money but the most harder that not acceptable is cryptocurrency as payment.

gudjhonson

member

Activity: 434

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, payer, cash,.............)

I do not use Bitcoin at all in the dark. I use Bitcoin just naturally like I use in investment assets and online payment tools. I do not want to make the name Bitcoin so bad and will have an impact on its development.

brylle34

full member

Activity: 476

Merit: 100

Quote from: leonair on October 25, 2017, 09:30:07 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 ,.............)

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'.

i am not used to buy illegal stuff, i agree with you its up to you what kind of money fiat or crypto you can use it to buy any legal or illegal things or services, in my opinion i would rather use fiat money on buy legal things and paying everything in our daily lives, Buying illegal things like drugs, weapons, illegal services these are the things the i won't do, there are also chance that you might caught and that is the end of you.

crisanto01

sr. member

Activity: 644

Merit: 253

Quote from: Grossmann Jr. on April 05, 2018, 10:04:03 AM

Me - I have never used bitcoin for some illegal transactions, but heard that some people do buy drugs with the usage of bitcoin

Since bitcoin entered our community and society many people though of ways to make transactions illegal, just like buying illegal drugs, making bribe for government officials which we cannot control, but the thing is that although we don't have bitcoin we cannot eliminate crimes.

Grossmann Jr.

newbie

Activity: 40

Merit: 0

Me - I have never used bitcoin for some illegal transactions, but heard that some people do buy drugs with the usage of bitcoin

DiscretePatriot

newbie

Activity: 104

Merit: 0

Quote from: palvinta on April 05, 2018, 02:46:11 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, payer, cash,.............)

The use of this dark Bitcoin can cause the development of Bitcoin to be bad. Bitcoin names can be ugly all over the World. This is not very good for Bitcoin's future. And if this is not prevented, I'm sure Bitcoin cannot last long. So let's use Bitcoin for more positive and useful things.

What you said doesn't make sense... Isn't cash/fiat used for bad things just as much as Bitcoin (or even more)? This doesn't even come close to being the cause of Bitcoin dying...

palvinta

newbie

Activity: 112

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, payer, cash,.............)

The use of this dark Bitcoin can cause the development of Bitcoin to be bad. Bitcoin names can be ugly all over the World. This is not very good for Bitcoin's future. And if this is not prevented, I'm sure Bitcoin cannot last long. So let's use Bitcoin for more positive and useful things.

Sithara007

legendary

Activity: 3346

Merit: 1352

Leading Crypto Sports Betting & Casino Platform

Quote from: luckyslw2 on March 31, 2018, 05:43:49 AM

Anyone can use this bitcoin in any way either good or the dark way . Because here we are not traced because we are using anonymous account . And that is a disadvantage .

Bitcoin may be anonymous, but once you convert your coins to fiat, that anonymity is lost. Also, when you purchase something from the deep web with Bitcoin, you will be giving your shipping address to the vendor. That can be traced back to you.

shendy

full member

Activity: 602

Merit: 100

https://i.imgur.com/BBmstUL.jpg

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, payer, cash,.............)

Things like this can destroy the good name of Bitcoin. If more and more people are using Bitcoin in negative ways, Bitcoin's reputation can be ruined and people who do not believe in Bitcoin will hate it even more. We recommend using Bitcoin in a positive way. Please do not blame Bitcoin for doing this for the common good.

gabriela1999

member

Activity: 299

Merit: 10

1/ No i don't use Bitcoin to buy illegal stuffs because that's violated the laws which could easily bring me to jail and i don't want to lose my freedom.
2/ I think it's depending on which stuffs you're buying, if you're looking for legal stuffs so i think it should be fit with paypal or fiats more than Bitcoins because they will support you the method payment.

Sayed Rifat

newbie

Activity: 68

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

Four primary areas of criminal activity lend themselves to cryptocurrency: tax evasion, money laundering, contraband transactions, and extortion – not to mention the theft of cryptocurrency itself, which is all too easy with Bitcoin.

Topic: Dark use of Bitcoin - page 9. (Read 23485 times)