participating in haypah, I lost less money, but the fact that bitcoin is a clever pyramid, I doubt.
Since bitcoin is decentralized digital currency, it can be used for criminal purpose. But one thing we must remember- knife is used for medical surgery as well as robbery. We can not claim knife as criminal tool, rather we should be careful regarding its usage. Similar is bitcoin. Good use of it can ease our life. 
Topic: Is bitcoin a criminal tool? - page 7. (Read 721 times)
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.
Some people might be using bitcoins for criminal purpose but you cannot name it a criminal tool because of that. Some people also use cash for illegal activities, will you stop using it as well ?
Since Bitcoin is opened to everybody, and doesn't care if the users are bad or not it can really be a tools for illegal purposes that's the reality thing happen. And there are some of the bitcoin abusers doing this things and it can't be stop because of pseudonymous concept it has.
yes some point your right, some people use bitcoin in bad ways, like scamming and other bad activities connected to bitcoin.
Bitcoin was not coin to be use for criminal purpose, but every good thing will always have it's disadvantage, for us that use bitcoin for legal purpose, the privacy advantage is quit cool, but this gives room for criminals who take advantage of this to increase there access to arms, ammunition,and drugs.
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.
And who is to blame? The coin or the people and their ignorance?
The tool is never responsible! It's an inanimate object. That gun that needs you to aim and fire, that knife that needs you to hold it. And you can use it to do good or bad, just like money can be used to pay for an assassination, or to buy your girl flowers.
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.
What are you talking about? What's the cost of using cash? AFAIK there's none. So how can BTC be cheaper to use than cash?
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.
Which must mean that you're against cash? Is cash a bad thing? Should it be banned just because criminals are using it? 
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.
I do not think,this may be the case with Bitcoin it may also be in the case of general money.People can use Bitcoin in many ways to meet their needs.I do not agree with Bitcoin use of the crime.
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.
Since bitcoins is volatile which has no fix price. People may consider "volatile" as disadvantage but i believe its a big Advantage of bitcoins. If volatile won't exist we'll never earn easy money with btc. Leave alone if its used positive or negative, its people fault and not the bitcoin's.
It is certainly not a criminal tool, but anti-social elements are using it in their own benefit. It is not the fault of bitcoin. It is definitely a project for the future.
Bitcoin can you in both condition. People use it for both bad and good thing. It depends upon people mentality. Bitcoin is ban in many country due to certain criminal activity 
. First of all Bitcoin is mainly used by many terrorist organisation and anti social people for illegal money transaction. Bitcoin provide its user an uninterrupted money transaction in and no one can trace that transaction 
. And it also used for many other criminal activity like kidnapping, murdering, childprongraphy etc. And many bad people use Bitcoin to fraud innocent people. So these are some criminal activity that related with Bitcoin. 
. First of all Bitcoin is mainly used by many terrorist organisation and anti social people for illegal money transaction. Bitcoin provide its user an uninterrupted money transaction in and no one can trace that transaction . And it also used for many other criminal activity like kidnapping, murdering, childprongraphy etc. And many bad people use Bitcoin to fraud innocent people. So these are some criminal activity that related with Bitcoin. 
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.
I am not agree, because bitcoin one kinds of crypto coin and bitcoin is fund of bank. bitcoin control money market in the world. many country use bitcoin available. if Bitcoin was the tool of crime, then all countries prohibition bitcoin.
I believe it can be use as a tool for pyramid scam but people can invest now on their own, online. I don't think you need to trust other people to invest you in the market. You can do it your self.
Bitcoin is a tool for crimes, no doubts, but black market, slavery, assassinations and money laundering existed long before bitcoin, there always will be something criminals would use. It is important to mention that bitcoin is a tool for many important illegal organisations like wikileaks too. Soon all our transactions will be printed at the suitable govermental agency.
About money laundering, actually some are being arrested because they don't know the limit they need to withdraw with in a day, most of people caught of money laundering are innocent about the sin they've done since they don't have enough knowledge on proper way of withdrawing a lot or big money in a day. But bitcoin is not a criminal tool, some are just using it for crimes.
Bitcoin fall is a very common news now in a few days.I think bitcoin can not scam but its price ups and down is going to be a crime now.Bitcoin is not a criminal tool but suddenly it is create many problems.
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.
if you have some kitchen knife to cutting some vegie or meat to cook but the knife instead using to kill people ? is that kitchen knife is a criminal tool ?
ofcourse not, someone made/invent new tool to make human easier to doing task, the purpose is for the good one not for bad, and einsten made atom is for good purpose but some evil mean people using that to make some creepy exploding masscare
so using bitcoin wisely
Are we talking about fiat?? It sounds the same,, likely..
Illegal activities related to bitcoin is not what it is made for,, but anyone with criminal characteristics are abusing it for money.. Does fiat and bitcoin are different,, definitely not.. What is better in both currency,, the fiat that controlled by the elites or bitcoin that is decentralized and is dependent only to demand and supply.. It is up to you to choose..
Illegal activities related to bitcoin is not what it is made for,, but anyone with criminal characteristics are abusing it for money.. Does fiat and bitcoin are different,, definitely not.. What is better in both currency,, the fiat that controlled by the elites or bitcoin that is decentralized and is dependent only to demand and supply.. It is up to you to choose..
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.
Bitcoin is not a pyramid scheme in any angle. If you are thinking so, then you don't have much knowledge about the blockchain technology. But since you are thinking it as a pyramid scheme, you are welcome to transfer your bitcoins to me. I promise to take good care of them.
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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.
Do you think criminals activities did not happen when bitcoin wasn't there? Criminals will always be there, in every form and every true sense. But that doesn't mean to discourage the common people like us.
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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.
Again same question. Do you think these crimes can't be done through cash? Obviously yes! Criminals will always try to use new technology to hide their trails. But what about us, the common people? Should we stop using it because some drug mafia has started using bitcoin? Speak sense!
Since Bitcoin is opened to everybody, and doesn't care if the users are bad or not it can really be a tools for illegal purposes that's the reality thing happen. And there are some of the bitcoin abusers doing this things and it can't be stop because of pseudonymous concept it has.
after every fall people start to find conspiracy, and after every raise they believe if bright future
There are good sides and bad sides of everything in this entire universe. If we just focus on the bad side we'll miss out its advantages. Bitcoin surely can be used for criminal activities but it is more convenient for the people than fiat or any other alternative because it hands over its complete control to its owner and also makes some people earn a good amount of side money which completes their desires or help some to secure their future.
We can't say that it is a criminal tool because many people uses bitcoin for good or bad transaction.
Bitcoin is also like our conventional currency wherein anyone can use it whether in good or bad transactions. Bitcoin can be very powerful when in terms with transactions. The peer to peer transaction makes it more powerful. Bitcoin can be used by criminals in buying firearms, etc. because it is easier to transact and it is very private with bitcoin as compared with cash.
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