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Topic: Is bitcoin a criminal tool? (Read 721 times)

full member
Activity: 364
Merit: 100
April 23, 2018, 03:16:25 AM
Bitcoin is it self not a criminal tool it is designed for a good purpose but if we look at the usage now days if this money comes in the hands of criminal just like other money people will use this for their reasons and i would like to show my interest in this currency because if i need to buy a software then i can buy this online and through bitcoin i can pay to them the transaction will complete without any one interference.
jr. member
Activity: 168
Merit: 1
April 23, 2018, 03:01:31 AM
I really mind if bitcoin is a criminal tool?
why ,, because on the basis of the criminal was built from the offender rather than the tool.
For example, there are many bank robberies, illegal drug transactions using cash.
so I think bitcoin is just a tool, to make us successful.
only a fool if bitcoin is made into a criminal tool.
sr. member
Activity: 1078
Merit: 270
April 23, 2018, 02:56:00 AM
In bitcoin's pyramid scheme, criminals have exploited the greed of people's ignorance and dreams of the currency. The essence of pyramid selling is a ponzi scheme, where a bitcoin is not fundamentally different from a tulip or a box of cosmetics.


In the event of an hacker blackmail, criminals use the anonymity of the currency, trying to escape legal sanction, COINS and cash here, there is no essential difference between just more convenient, lower cost.


In money laundering, drug trafficking, and terrorist crimes, criminals use the anonymity and high mobility of bitcoin to hide the flow of funds, which is the same as the effect of using cash.


long before the bitcoin created evil has existed. because evil is purely the result of human thought. there is also bitcoin as a very profitable crypto business, will not be separated from individuals who do crime plans with any mode. this is not strange and normal things are everywhere. in essence, people who will not like crypto and bitcoin will corner in various ways to get bitcoin to zero.
newbie
Activity: 132
Merit: 0
April 23, 2018, 02:48:07 AM
In bitcoin's pyramid scheme, criminals have exploited the greed of people's ignorance and dreams of the currency. The essence of pyramid selling is a ponzi scheme, where a bitcoin is not fundamentally different from a tulip or a box of cosmetics.


In the event of an hacker blackmail, criminals use the anonymity of the currency, trying to escape legal sanction, COINS and cash here, there is no essential difference between just more convenient, lower cost.


In money laundering, drug trafficking, and terrorist crimes, criminals use the anonymity and high mobility of bitcoin to hide the flow of funds, which is the same as the effect of using cash.
Bitcoin is not a criminal tools but it depends on how may use it. The sadiest thing is some ignorance people use bitcoin to illegal way. And it cause money laundering and it affect to the image mo bitcoin. The reason why bitcoin developed is to help people around the world.
newbie
Activity: 164
Merit: 0
April 23, 2018, 02:47:14 AM
Nothing is criminal tool itself. It could be used by criminals, but it doesn't make the tool worse.
full member
Activity: 462
Merit: 100
April 23, 2018, 02:43:34 AM
yes, bitcoin can be used as a criminal tool because bitcoin can be used by everyone,
good people or bad guys so do not close the possibility, bitcoin can be used as a criminal tool, like some time ago I had time to see the news, in that country there are already using bitcoin as a tool of narcotics transaction.
member
Activity: 170
Merit: 10
April 23, 2018, 02:24:00 AM
Is bitcoin a criminal tool?
No, bitcoin is a legitimate means of payment, since the sale and purchase of coins is done by no coercion from other parties.
coin earned in exchange to be currency and sent through bank account.
newbie
Activity: 226
Merit: 0
April 23, 2018, 02:11:35 AM
Bitcoin is not a criminal tool. it would be if it was invented by criminals to orchestrate crime,it wasn't. Outlaws just happen to use BTC as a form of pay for their activities which sadly cannot be controlled as BTC is free for anyone to use
sr. member
Activity: 658
Merit: 250
April 23, 2018, 02:08:50 AM
In my own point of view, bitcoin is not a criminal tool because it is only a kind of currency unlike criminal tools like knives and guns it can literally kill a person. Bitcoin is not illegal it is only banned by other countries because they think bitcoin is bad for the economy, but in reality it really helps the economy of a country.
Frankly speaking, all things in this world have advantages but too much abuse with its usage would lead to its disadvantageous effect. It totally depends on how responsible we are to manage them. Just like Bitcoin, it is really helpful and valuable, but there comes these people who want to sabotage its purpose. As Bitcoiners, let us be liable in everything we do, let respect rise above all and think not only for yourself, but for other people. Let us all be careful and vigilant.
jr. member
Activity: 182
Merit: 2
April 23, 2018, 02:07:40 AM
In bitcoin's pyramid scheme, criminals have exploited the greed of people's ignorance and dreams of the currency. The essence of pyramid selling is a ponzi scheme, where a bitcoin is not fundamentally different from a tulip or a box of cosmetics.


In the event of an hacker blackmail, criminals use the anonymity of the currency, trying to escape legal sanction, COINS and cash here, there is no essential difference between just more convenient, lower cost.


In money laundering, drug trafficking, and terrorist crimes, criminals use the anonymity and high mobility of bitcoin to hide the flow of funds, which is the same as the effect of using cash.
I think the crime existed before the bitcoin created. Whether before the crime is limited in the exercise of the action? Not right? I think is just criminal claims to drop the image of bitcoin.
full member
Activity: 364
Merit: 117
April 23, 2018, 01:57:01 AM
In bitcoin's pyramid scheme, criminals have exploited the greed of people's ignorance and dreams of the currency. The essence of pyramid selling is a ponzi scheme, where a bitcoin is not fundamentally different from a tulip or a box of cosmetics.


In the event of an hacker blackmail, criminals use the anonymity of the currency, trying to escape legal sanction, COINS and cash here, there is no essential difference between just more convenient, lower cost.


In money laundering, drug trafficking, and terrorist crimes, criminals use the anonymity and high mobility of bitcoin to hide the flow of funds, which is the same as the effect of using cash.

There are 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.
sr. member
Activity: 602
Merit: 250
April 23, 2018, 01:54:09 AM
In bitcoin's pyramid scheme, criminals have exploited the greed of people's ignorance and dreams of the currency. The essence of pyramid selling is a ponzi scheme, where a bitcoin is not fundamentally different from a tulip or a box of cosmetics.


In the event of an hacker blackmail, criminals use the anonymity of the currency, trying to escape legal sanction, COINS and cash here, there is no essential difference between just more convenient, lower cost.


In money laundering, drug trafficking, and terrorist crimes, criminals use the anonymity and high mobility of bitcoin to hide the flow of funds, which is the same as the effect of using cash.
yes you are right bitcoin can be accessed by anyone and anywhere so do not close the possibility of bitcoin for it, I think it all depends on the intention and purpose of investor
newbie
Activity: 37
Merit: 0
April 23, 2018, 01:53:11 AM
Bitcoin easy to people life. Why does bitcoin a criminal tool...
full member
Activity: 532
Merit: 100
April 23, 2018, 01:46:33 AM
That's why bitcoin is so risky because it's clearly an anonymous,  is kinda hard to find out who will be doing the criminal or who has been already. If I can compare there are much more people using bitcoin as a good tools, and vreate their future then people using it as a criminal tools. But sometimes it's really hard to describe people's personality.
full member
Activity: 504
Merit: 105
April 23, 2018, 01:44:50 AM
No, Bitcoin is not a criminal tool the criminal you said is on a person not on bitcoin because people nowadays use bitcoin to scam people and use to criminal act.
sr. member
Activity: 756
Merit: 257
Freshdice.com
April 23, 2018, 01:38:11 AM
In my own point of view, bitcoin is not a criminal tool because it is only a kind of currency unlike criminal tools like knives and guns it can literally kill a person. Bitcoin is not illegal it is only banned by other countries because they think bitcoin is bad for the economy, but in reality it really helps the economy of a country.
newbie
Activity: 125
Merit: 0
April 22, 2018, 11:52:29 PM
Bitcoin is certainly not a criminal tool. Anything, the same technology is two-sided. Knife can be used to cut fruit, it can also be used to commit crimes. Bitcoin is a kind of technology, depending on what kind of group it is used in, what kind of way to use it, and what kind of area it acts on.
member
Activity: 532
Merit: 18
Bitcoin lover!
April 22, 2018, 10:23:24 PM
Everything can be used for both good intentions and malicious intent. For example, nuclear power can bring enormous benefits to people in the form of nuclear power plants, as well as great harm in the form of an atomic bomb. It all depends on who owns the particular object or thing. Cars are of great benefit to people, but they can ram people, as we see recently occurred in Europe in the commission of terrorist acts. However, no one comes to mind to abandon the consequences of scientific progress. Why is there so persistently raised the topic of possible use of crypto currency for criminal purposes?
full member
Activity: 406
Merit: 100
April 22, 2018, 09:40:55 PM
Actualy even paper money also a tool of criminals since the biggining this so you wont have blame bitcoin about that some criminal activities. Even without bitcoin in this world bad people always find a way to do bad thing just to satified there self.
newbie
Activity: 84
Merit: 0
April 22, 2018, 09:39:53 PM
In bitcoin's pyramid scheme, criminals have exploited the greed of people's ignorance and dreams of the currency. The essence of pyramid selling is a ponzi scheme, where a bitcoin is not fundamentally different from a tulip or a box of cosmetics.


In the event of an hacker blackmail, criminals use the anonymity of the currency, trying to escape legal sanction, COINS and cash here, there is no essential difference between just more convenient, lower cost.


In money laundering, drug trafficking, and terrorist crimes, criminals use the anonymity and high mobility of bitcoin to hide the flow of funds, which is the same as the effect of using cash.

I will comment you with a joke:

Cops detain the miner of bitcoins.
Cop: You laundered money with bitcoin.
Miner: No, i did not.
Cop: We found out that you have a mining farm.
Miner: Yes, i have.
Cop: So, you laundered money with bitcoin.
Miner: No, i did not.
Cop: But we found out that you have a mining farm.
Miner: Yes, i have.
Cop: But that means that you laundered money with bitcoin.
Miner: Okay, then you should blame me for rape.
Cop (shocked): Did you rape someone?
Miner (Pointing with finger at pants): No, but I have an instrument.
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