Europol Cybercrime Report: The Dark Side of Bitcoin is Coming Into Light - page 2.

koelen3

legendary

Activity: 1022

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Sooner or later, a man who wears two faces forgets

Quote from: H.W.Z on February 26, 2015, 03:38:08 AM

Bitcoin is just neutral tool. Different ppl can use it in different way, bad or better. The one who blames it is the one who don't like or is affected by it. It is not the fault of bitcoin. It just depends on who are dealing with it.

Or rather on who is using it

H.W.Z

hero member

Activity: 574

Merit: 500

Bitcoin is just neutral tool. Different ppl can use it in different way, bad or better. The one who blames it is the one who don't like or is affected by it. It is not the fault of bitcoin. It just depends on who are dealing with it.

traderman

legendary

Activity: 1260

Merit: 1001

How would the protocol be changed?

Quote from: Kprawn on February 25, 2015, 12:50:40 AM

I would have been dissapointed, if it could not be used for "bad things" ....it is a currency after all... if I could not buy drugs and illegal goods with it, it would have been good for law enforcement and bad for the Bitcoin users... that would mean, that it has no value. { A currency MUST be able to buy ANYTHING ...good and bad... if not... it would be worst than fiat/credit cards etc... }

People use all other payment methods to do illegal things, why should Bitcoin be different?

On the other side of the virtual coin. {pun intented} .... It would be great to have a currency, where you could trigger "tracing" markers for law enforcement to use, to track coins being used for these purposes. {Some people says... color coins} The trigger should only be "disabled" once the coins are cleared, rendering it useless.

There are lots of discussion, if this is the solution, but it's a step in the right direction.... The protocol can be changed to accomodate for that, but the application is a whole other ball game. {How do we stop the human factor, from doing the wrong things with this?}

Kprawn

legendary

Activity: 1904

Merit: 1074

I would have been dissapointed, if it could not be used for "bad things" ....it is a currency after all... if I could not buy drugs and illegal goods with it, it would have been good for law enforcement and bad for the Bitcoin users... that would mean, that it has no value. { A currency MUST be able to buy ANYTHING ...good and bad... if not... it would be worst than fiat/credit cards etc... }

People use all other payment methods to do illegal things, why should Bitcoin be different?

On the other side of the virtual coin. {pun intented} .... It would be great to have a currency, where you could trigger "tracing" markers for law enforcement to use, to track coins being used for these purposes. {Some people says... color coins} The trigger should only be "disabled" once the coins are cleared, rendering it useless.

There are lots of discussion, if this is the solution, but it's a step in the right direction.... The protocol can be changed to accomodate for that, but the application is a whole other ball game. {How do we stop the human factor, from doing the wrong things with this?}

Q7

sr. member

Activity: 448

Merit: 250

It's rather unfair that the blame is placed onto bitcoin when in reality criminals also use fiat to commit illegal activities. Think on the good side. Anonymous feature will allows us to keep our personal information safe. Bitcoin is a good invention the problem here is that it has been misused.

Lauda

legendary

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Terminated.

It is their job to spot illegal usage of things.
Obviously, they aren't good at it.

koelen3

legendary

Activity: 1022

Merit: 1007

Sooner or later, a man who wears two faces forgets

Quote from: bitbaby on February 25, 2015, 12:25:04 AM

Guns were invented to protect us but now bad people are using it to kill innocent people. Planes & Ships were invented to reach the farthest corners of the world but now bad people are using it to transfer illegal materials all over the world. The list can a long way for the inventions that were made for good and are being used to do bad. Why blame bitcoin??

Bitcoin is just another good invention that's being used by some bad people also.

Yes ! I never saw a gun killing someone , it has always been the bad guys

bitbaby

hero member

Activity: 812

Merit: 1000

Guns were invented to protect us but now bad people are using it to kill innocent people. Planes & Ships were invented to reach the farthest corners of the world but now bad people are using it to transfer illegal materials all over the world. The list can go a long way for the inventions that were made for good and are being used to do bad. Why blame bitcoin??

Bitcoin is just another good invention that's being used by some bad people also.

koelen3

legendary

Activity: 1022

Merit: 1007

Sooner or later, a man who wears two faces forgets

Quote from: CtrlAltBernanke420 on February 24, 2015, 09:27:01 PM

Anything you can do in bitcoin I can do in dollar but better…

Every dollar have a unique number which can be traced
Though in case of bitcoins , services like bitmixer or other ideas if used carefully can avoid it

koelen3

legendary

Activity: 1022

Merit: 1007

Sooner or later, a man who wears two faces forgets

There have been always a Dark side to everything and bitcoin being used for child pornography , ransom and labour is n new story , that happens all the time with fiat and with the increase in scientific area , it's getting worse .
But would things really stop for that reason???

mercistheman

sr. member

Activity: 378

Merit: 250

$s are less tracable

traderman

legendary

Activity: 1260

Merit: 1001

Not exactly true. The whole argument that dollars are the same as bitcoin is bs. You can't send dollars with same speed and convenience as bitcoin.

Quote from: CtrlAltBernanke420 on February 24, 2015, 09:27:01 PM

Anything you can do in bitcoin I can do in dollar but better…

CtrlAltBernanke420

sr. member

Activity: 350

Merit: 250

Anything you can do in bitcoin I can do in dollar but better…

ajareselde

legendary

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Satoshi is rolling in his grave. #bitcoin

"uncovered hard evidence, of anonymous groups running bitcoin fundraisers for the Islamic State on the dark web”
so if they were to use gold and/or usd, they would be terrified of that ability also?

cheers

odolvlobo

legendary

Activity: 4466

Merit: 3391

Quote

“The continuing evolution in the technology of payments, particularly with Bitcoin, raises interesting ethical questions.”

All new technologies raise ethical questions because they give people the abilities to do things that have never been done before.

traderman

legendary

Activity: 1260

Merit: 1001

Looks like there is some evidence emerging of bitcoin being used by some bad actors.

http://www.btcfeed.net/news/dark-side-bitcoin-coming-light/

Topic: Europol Cybercrime Report: The Dark Side of Bitcoin is Coming Into Light - page 2. (Read 2292 times)