providing that this trader doesn't engage in illegal activities, he will have nothing to fear.
Topic: How police think about Bitcoin enthusiasts ? - page 5. (Read 3776 times)
I don't know how they think about btc enthusiasts but if they hate them, they must first target those people who are obviously into it. probably website owners to which information are publicly known. being involved in btc isn't a crime so i suggest police officers might wanna join signature campaigns.
I think they will not like but coin or else even they will get addicted to it, it can go either ways but its the government which controls police and its bank which funds government and banks see bitcoin as threat since they might incur big loss if bitcoin becomes too mainstream so i don't think government will entertain bitcoin and always try to eliminate it
It's the government who control the police so the laws can tell you most of time.
In my town, I don't think the police even know what bitcoin is. Maybe they will just take it as a online token in a few years time... There is no law/regulation on bitcoin here...
Same here. They r just too dumb to know anything bout that.
In my town, I don't think the police even know what bitcoin is. Maybe they will just take it as a online token in a few years time... There is no law/regulation on bitcoin here...
I've never heard any case where the police have questioned bitcoin users, especially not in my country. To be on a safe side, it's better not accept bank payments from even trusted users as if in case they use hacked accounts, we can land in legal trouble but that can happen with any currency (even if it's local currency). Many bitcoin users have been scammers due to which bitcoin also is considered to be associated with illegal activities. However, it's still safe to trade in it.
What does a crime have to do with trading Bitcoin?
You can trade Bitcoin as be a normal citizen. You can also trade Bitcoin and commit a crime completely unrelated to Bitcoin.
It's not about "not standing" Bitcoin traders, if someone does something against the law, the law enforcement cannot be that judgy, they can't take a stand regarding the person's activities and have to judge them accordingly to what they did.
You can trade Bitcoin as be a normal citizen. You can also trade Bitcoin and commit a crime completely unrelated to Bitcoin.
It's not about "not standing" Bitcoin traders, if someone does something against the law, the law enforcement cannot be that judgy, they can't take a stand regarding the person's activities and have to judge them accordingly to what they did.
You should read up on Civil Asset Forfeitures laws. In the US police can seize cash or property even with no proof of a crime, simply guilt by association. If you have $10,000 cash you "must have done something wrong as normal people do not carry that kind of money". You can read a good overview at: http://www.zerohedge.com/news/2015-11-17/police-civil-asset-forfeitures-exceed-value-all-burglaries-2014 or simply google it, tons of examples of this activity.
When I see this question I think of the Peter Wright situation. As soon as the press got ahold of this the Australian police had raided his house. I do not know all of the specifics but that is a pretty quick reaction by the police. This could be an isolated situation.
I think you are think of Craig Wright, and he was wanted on tax "issues" long before that wired article broke. I suppose that story release may have helped move the raid up as once he was in the spotlight he might have tried to run or something, but Bitcoin was not the sole source of his trouble with the law..
I don't know how they think about btc enthusiasts but if they hate them, they must first target those people who are obviously into it. probably website owners to which information are publicly known. being involved in btc isn't a crime so i suggest police officers might wanna join signature campaigns.
Bitcoin enthusiasts are mainly traders who buy/sell coins for profit which after they don't pay any taxes.. moreover, they support illegal activities by selling coins to criminals for cash.
I think this is how police think about this.. what do you think ?
I don't know how they think about btc enthusiasts but if they hate them, they must first target those people who are obviously into it. probably website owners to which information are publicly known. being involved in btc isn't a crime so i suggest police officers might wanna join signature campaigns.
Except that they can see 10.000$. But with bitcoins you only have a phone in your pocket. Like anyone else. Keep your cool and you're pretty much safe.
What does a crime have to do with trading Bitcoin?
You can trade Bitcoin as be a normal citizen. You can also trade Bitcoin and commit a crime completely unrelated to Bitcoin.
It's not about "not standing" Bitcoin traders, if someone does something against the law, the law enforcement cannot be that judgy, they can't take a stand regarding the person's activities and have to judge them accordingly to what they did.
You can trade Bitcoin as be a normal citizen. You can also trade Bitcoin and commit a crime completely unrelated to Bitcoin.
It's not about "not standing" Bitcoin traders, if someone does something against the law, the law enforcement cannot be that judgy, they can't take a stand regarding the person's activities and have to judge them accordingly to what they did.
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Probably the easiest way to make this problem moot is to not let the cops know about any BTC you may have or trade!
That is one of the great things about Bitcoin. With some precautions you can accumulate and even spend BTC relatively anonymously. The police really should just do their jobs (enforcing the laws), and not worry about us BTC fans.
BTC and cash can be used by criminals. The police should investigate criminals, not people w/ cash or BTC.
Probably the easiest way to make this problem moot is to not let the cops know about any BTC you may have or trade!
That is one of the great things about Bitcoin. With some precautions you can accumulate and even spend BTC relatively anonymously. The police really should just do their jobs (enforcing the laws), and not worry about us BTC fans.
BTC and cash can be used by criminals. The police should investigate criminals, not people w/ cash or BTC.
I do agree with you, though the cops don't... I strongly believe that when it comes to a trade of a large volume(hundreds of BTCs), cops would see on the btc-trader as a suspect.. even though we're talking about a bitcoin enthusiast only. Trading with bitcoins for cash raises flags.. who has this cash? why you need cash...
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Probably the easiest way to make this problem moot is to not let the cops know about any BTC you may have or trade!
That is one of the great things about Bitcoin. With some precautions you can accumulate and even spend BTC relatively anonymously. The police really should just do their jobs (enforcing the laws), and not worry about us BTC fans.
BTC and cash can be used by criminals. The police should investigate criminals, not people w/ cash or BTC.
Probably the easiest way to make this problem moot is to not let the cops know about any BTC you may have or trade!
That is one of the great things about Bitcoin. With some precautions you can accumulate and even spend BTC relatively anonymously. The police really should just do their jobs (enforcing the laws), and not worry about us BTC fans.
BTC and cash can be used by criminals. The police should investigate criminals, not people w/ cash or BTC.
When I see this question I think of the Peter Wright situation. As soon as the press got ahold of this the Australian police had raided his house. I do not know all of the specifics but that is a pretty quick reaction by the police. This could be an isolated situation.
When it comes to a crime, what would the police think about a guy trading with bitcoins frequently in large volumes ?(hundreds of BTCs)
I've heard they can't stand bitcoin dealers out and they become a suspect immediately with no questions asked in case there's a crime where the bitcoin enthusiast is involved. Is that true ?
I've heard they can't stand bitcoin dealers out and they become a suspect immediately with no questions asked in case there's a crime where the bitcoin enthusiast is involved. Is that true ?
Due to the recent days usage of bitcoins for fiat transaction by large number of users into the illegal activities,
Police looks the users of bitcoin as a culprit or a suspect who had did something wrong.
This is exactly what I thought of.
What if it comes to a crime where the bitcoin enthusiasts got involved in?
When it comes to a crime, what would the police think about a guy trading with bitcoins frequently in large volumes ?(hundreds of BTCs)
I've heard they can't stand bitcoin dealers out and they become a suspect immediately with no questions asked in case there's a crime where the bitcoin enthusiast is involved. Is that true ?
I've heard they can't stand bitcoin dealers out and they become a suspect immediately with no questions asked in case there's a crime where the bitcoin enthusiast is involved. Is that true ?
Due to the recent days usage of bitcoins for fiat transaction by large number of users into the illegal activities,
Police looks the users of bitcoin as a culprit or a suspect who had did something wrong.
I thought police hate bitcoin traders.
they'd think "now what should I charge them with?".
but who cares what they think if they have no proof?
but who cares what they think if they have no proof?
When it comes to a crime, what would the police think about a guy trading with bitcoins frequently in large volumes ?(hundreds of BTCs)
I've heard they can't stand bitcoin dealers out and they become a suspect immediately with no questions asked in case there's a crime where the bitcoin enthusiast is involved. Is that true ?
I've heard they can't stand bitcoin dealers out and they become a suspect immediately with no questions asked in case there's a crime where the bitcoin enthusiast is involved. Is that true ?
are you trying to spread FUD?
there is no law against people trading bitcoin. in some countries they just may be subjected to tax laws if the volume is high that is it.
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