Topic: Is bitcoin a criminal tool? - page 2. (Read 721 times)
I hope the bitcoin is not misused by the unauthorized person for the criminal tool.
I think bitcoin is not a tool for keriminal, maybe it's his people who make bitcoin for things that are not good. hopefully bitcoin is not in misuse for evil.
Not at all, bitcoin is a public tool that everyone can use, just like money. If that's the case then I can say that fiat money is a criminal tool as well because they are using it right? In fact criminals use fiat money more than they use cryptocurrencies. The use of bitcoin for criminality is something one could not avoid. Because it is highly sought out nowadays and the profits one can get here is really high.
Without a doubt, the underworld uses bitcoin for illegal and hidden transactions, but bitcoin brings many more benefits than harm
The nature of Bitcoin is great. But because it is not any of the managers, users in the underworld ... so Bitcoin was used by criminals to influence the Bitcoin image in the eyes of government leaders and people. Governments and Bitcoin themselves are rapidly taking steps to ensure that Bitcoin soon affirms its true nature as serving the legitimate interests of the people.
See but the fact of the matter is that FIAT USD (and all other currencies) are used for a ton more drug stuff then bitcoin is even used. So it's not a problem which is only present in Bitcoin, this is a world problem. The media is trying to JUST portray this as the issue because they think that they can kill bitcoin fast if they say it's just a drug currency. That will, of course, deter people from wanting to use it, invest, etc.
The media is a crazy thing, they're here for the elites to sway public opinion.
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.
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.
anything can happens, maybe they use bitcoin to do it, many advantages of bitcoin. bitcoin is secure, it is possible for illegal activities.
I dont think Bitcoin is a criminal tool because it is better source of income to us. We want to help using bitcoin not to do criminality using bitcoin. A criminal is always a criminal, bitcoin is want to help so we cannot force criminal to prevent or stop
satoshi does not make bitcoin for criminal purposes, but bitcoin is very good for some people who want to commit a crime.
and this is a weakness of bitcoin, easily used by irresponsible parties, so bitcoin will be bad in public.
the solution is that the world must make regulations about bitcoin and crypto.
and this is a weakness of bitcoin, easily used by irresponsible parties, so bitcoin will be bad in public.
the solution is that the world must make regulations about bitcoin and crypto.
THIS IS FALSE, BITCOIN IS MONEY, When are you gonna understand that? It can be used just like fiat money, or are you gonna tell me that no one buys drugs or guns with US dollars?
Came on, open your eyes, stop being so dumb to try to create FUD in here.
satoshi does not make bitcoin for criminal purposes, but bitcoin is very good for some people who want to commit a crime.
and this is a weakness of bitcoin, easily used by irresponsible parties, so bitcoin will be bad in public.
the solution is that the world must make regulations about bitcoin and crypto.
and this is a weakness of bitcoin, easily used by irresponsible parties, so bitcoin will be bad in public.
the solution is that the world must make regulations about bitcoin and crypto.
The nature of Bitcoin is great. But because it is not any of the managers, users in the underworld ... so Bitcoin was used by criminals to influence the Bitcoin image in the eyes of government leaders and people. Governments and Bitcoin themselves are rapidly taking steps to ensure that Bitcoin soon affirms its true nature as serving the legitimate interests of the people.
All form of money can be used in any activity, even the illegal one. Since bitcoin is anonymous and has decentralized feature, the people used it to maximize their illegal activity. Instead of traditional money, bitcoin allows the holder to make transaction hidden to anyone anywhere in the world. Activities such as drug selling, pornographic material selling and even the most popular crime that involves money may be done using bitcoin. This is also the reason why some countries see bitcoin as a threat to them.
The way it is used by some people does not make it unimportant, because most transactions are made for a dollar, which, we will consider now, the dollar is also the precursor of the criminal world?
Any currency or asset can be used by the criminals and Bitcoin is no different. Bitcoin offers no added advantage to the criminals, as the transactions are easily traced through the blockchain. In fact, I would say that Bitcoin is no longer the preferred crypto for the criminals.
We use dollar for exchanging the goods and services. We can use it as good and bad way. In this world everything has good and bad site. It’s depend on the uses. In this sense, we can agree as a criminal tools. We know Bitcoin is the one kind of technology having some extra benefit that doesn’t not mean it’s a criminal tools.
.On that contrary it’s an easiest tools for the criminal. They can transaction easily and safely that’s why it’s also popular to the criminal. You also agree with me why it’s called criminal tools? Because, some of the country ban the Bitcoin because of increasing criminal activity. They use it to buy huge amount of cocaine, weeds, and marijuana to sell it to other peoples. And also use it as the serious activity like murdering, kidnapping. Some of the people has the intention to fraud innocent people.
.On that contrary it’s an easiest tools for the criminal. They can transaction easily and safely that’s why it’s also popular to the criminal. You also agree with me why it’s called criminal tools? Because, some of the country ban the Bitcoin because of increasing criminal activity. They use it to buy huge amount of cocaine, weeds, and marijuana to sell it to other peoples. And also use it as the serious activity like murdering, kidnapping. Some of the people has the intention to fraud innocent people.
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.
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.
Actually other possibilities exist on classic currincies. But I'm worrying for this part.
"In the event of an hacker blackmail, criminals use the anonymity of the currency, trying to escape legal sanction,"
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 once discussed this issue through my thread. you can check at https://bitcointalksearch.org/topic/m.27505486. I emphasize again, try to change our mindset about bitcoin. because the fact is not the bitcoin used for criminals. criminals always have a way for all their crimes, try to read my thread for more details 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.
Well people are called criminals because they commit crimes usually for money right? Bitcoin is just a tool for exchange and is free for all so whether you are good or bad, you can use it however you want. Just like fiat it can be used to commit crimes.
yes it can be a tool for illegal transactions, actually anything of value can be a tool for schemes and all kinds of illegitimate activities, it depends on the persons transacting that tool, even cash is an obvious tool for such acts, that is why i think regulating bitcoin transactions is needed, if it is regulated, backed by laws or legalities, we can lessen this kind of awful schemes. since bitcoin is just a tool with so much potentialities, almost everything can be done just like on cash or fiats. again, it is based on human intervention. bitcoin can good or bad, depending on the user.
It is true. Basically, it depends on the user. All tools can be used as a crime tool if the user is a criminal. However, because bitcoin is not yet recognized worldwide, then when there is a crime that uses bitcoin it becomes exciting news, so many people point out that bitcoin is bad. 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.
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.
This is really possible but it was the same as fiat, if cash will be used for illegal transactions then it was consider as a tool for criminal so they should not say that bitcoins is the reason for criminal rate to increase since it was just the same as fiat.
All types of currencies are used by criminals to carry out their nefarious activities, I don't think it's peculiar to bitcoin alone although the anonimity that comes with bitcoin helps them to hide their money and their funding.
That is right, so don't blame bitcoin if criminals are using it, we cannot force them not to do so or stop using bitcoin as for sure they also seen this as an opportunity to hide their identity so that police officials will find them hard. Jump to: