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Topic: Is bitcoin being used for illegal activities - page 102. (Read 139748 times)

hero member
Activity: 854
Merit: 500
Even bitcoin is illegal in different countries and also real money is using for illegal activities. Bitcoin just make it a bit secretive for criminals. But anyway criminals just trying to find a good method for their activity nothing special.
sr. member
Activity: 392
Merit: 250
Bitcoin could be used illegally, but the government's are doing a surprising lot, doing size-related searches on the blockchain. But gold, diamonds, PayPal and cash have been used illegally too.

Except that banks and governments control fiat. So they want be banking or scarring people from using fiat.  They don't control Cryptocurrencies.
member
Activity: 84
Merit: 10
I see more and more acrticles of bitcoin being used for illegal activities
will this hurt bitcoin in the long run , will governments ban this just like they started to do wih paying in cash for some services
to harden the use of illegal , and money laundering

The damage has already been done,I think what we see now is people figuring out that a lot of the garbage they threw bitcoins way was a typical smear campaign. Lot of the articles refer to the same issue over and over and people will either tune it out or look deeper.
full member
Activity: 196
Merit: 100
many people use it as go to money especially when your doing illegal work. It's much easier for them because it's anonymous. The fact is all currency is being used as illegal activities.
legendary
Activity: 910
Merit: 1000
Some people don't view alot of things as illegal these days. Look at marijuana, for instance. It is not legal in many states but are in alot of other American cities such as Colorado and some parts of California.
hero member
Activity: 560
Merit: 500
Bitcoin transactions are show and will always be visible to any one that has the adress ,sure ilegal activities use bitcoin but the main resorce is fiat.With fiat is harder to trace where the money went,but well bitcoin will be always just connected to the bad things as others companies keep paying for the media talk about the how bad is bitcoin.
sr. member
Activity: 378
Merit: 250
It may affect bitcoin in a whole as it would ruin it public view and the few people who use BTC may even stop using it.  In the end we all just have to realise that we are not the criminals or people who use BTC for. Right. we have nothing to fear. and so we should continue using it.
hero member
Activity: 1372
Merit: 503
Yep and not just bitcoin, all currency around the world are used for illegal activity, no currency arent use for legal activity.
legendary
Activity: 1232
Merit: 1030
give me your cryptos
Bitcoin could be used illegally, but the government's are doing a surprising lot, doing size-related searches on the blockchain. But gold, diamonds, PayPal and cash have been used illegally too.
newbie
Activity: 42
Merit: 0
everything can be used illegally like PayPal, credit card etc.. The only thing that makes bitcoin mostly used illegally such as deepweb stuffs is its anonymity which is good too..

Im confident majority Bitcoin users are good legitimate people or just speculators waiting for higher price.
legendary
Activity: 1176
Merit: 1016
Yes is it being used to do illegal activities like buying drug and guns.
If you look back these past few years theres a website called silkroad which sells illegal items that cant be sold on a normal site.
On darkweb you can watch people getting killed with a cost of bitcoin.

Yup it is used by illegal activities. But I think it is normal to use Bitcoin for illegal activities. Nobody can control you and cant see what you bought.
But I think that must stop soon. Banks don't like it either and the government too.
I think the governments are banks still do not have enough time to work with bitcoin and they are waiting for the stability and full establishment of bitcoin.Maybe in the a few years some of the governments appear to adopt it.
full member
Activity: 126
Merit: 100
No more than USD is being used for illegal activities.


If you took a look at the percentages of Bitcoin being used for illegal activities vs. the percentage of USD activities being used for illegal activities, Bitcoin would win by a huge amount

do you seriously think bitcoin is used more for bad things than the us dollar? you must be kidding, right? nothing in the world can come even close to the harm done by the us dollar.... bitcoin is of course also being used for illegal stuff, but in comparison to the us dollar, bitcoin doesn't even come close to 0,01% of the total harm done by by the us dollar. that fiat currency is being used to fund entire wars. but as always, the media picks always bitcoin out of everything. it clearly has influenced you.

Boldfaced it for you. Bitcoin's only unique use cases are crime, that's why it's users are disproportionately criminal. While USD is used to build roads and buy baby formula, BTC is mainly used to buy CP & shitty dwugs on DNMs. With the proceeds of your successful ransomware/extortion/scam investment/internet gambling operation.

And sure, USD was used to fund wars. Defeating the Axis in WW2, for instance. So you can whine about teh evol USD instead of getting gassed & incinerated.
UR welcome Smiley
full member
Activity: 168
Merit: 100
Yes is it being used to do illegal activities like buying drug and guns.
If you look back these past few years theres a website called silkroad which sells illegal items that cant be sold on a normal site.
On darkweb you can watch people getting killed with a cost of bitcoin.

Yup it is used by illegal activities. But I think it is normal to use Bitcoin for illegal activities. Nobody can control you and cant see what you bought.
But I think that must stop soon. Banks don't like it either and the government too.
The criminals are working their way normal and they are getting benefitted from any currency which is convenient for them, so with bitcoin they consider themselves as secure and anonymous.


With the criminals using bitcoin as their payment well they are really secured,they can take payments without any one noticing it.
Anonymous yes,criminals like it anonymous as much as possible to do their deeds.
legendary
Activity: 3052
Merit: 1188
Yes is it being used to do illegal activities like buying drug and guns.
If you look back these past few years theres a website called silkroad which sells illegal items that cant be sold on a normal site.
On darkweb you can watch people getting killed with a cost of bitcoin.

Yup it is used by illegal activities. But I think it is normal to use Bitcoin for illegal activities. Nobody can control you and cant see what you bought.
But I think that must stop soon. Banks don't like it either and the government too.
The criminals are working their way normal and they are getting benefitted from any currency which is convenient for them, so with bitcoin they consider themselves as secure and anonymous.
hero member
Activity: 756
Merit: 500
I don't bite.
Its used for illegal activities but every currency is used by criminals so that is no new thing in my opinion.
The media is just talking very bad about the bitcoin and that is mostly used by criminals...
I think media did not commit the crim. they provide the data correctly. that the illegal use bitcoin assistance continues to grow. but that was not a problem they are free to do anything with bitcoin right ?
I don't agree with some of your points, to be honest. Yes, the media do not commit any crime, but no one knows the authenticity of their news sources. I too can simply make an article about Bitcoin being centralized, but no one will believe in my words unless proven otherwise. You should never entirely trust the media words unless they have proofs to prove the authenticity of their news. Just saying.
hero member
Activity: 518
Merit: 500
Its used for illegal activities but every currency is used by criminals so that is no new thing in my opinion.
The media is just talking very bad about the bitcoin and that is mostly used by criminals...
I think media did not commit the crim. they provide the data correctly. that the illegal use bitcoin assistance continues to grow. but that was not a problem they are free to do anything with bitcoin right ?
hero member
Activity: 756
Merit: 500
I don't bite.
I see more and more acrticles of bitcoin being used for illegal activities
will this hurt bitcoin in the long run , will governments ban this just like they started to do wih paying in cash for some services
to harden the use of illegal , and money laundering
Regardless of how Bitcoin works, I doubt it can't be used for illegal activities. These articles about Bitcoin being used for illegal activities are kind of free publicity for Bitcoin, IMO. No worries about it. And, no, the governments can ban it but they can't stop it.
sr. member
Activity: 476
Merit: 250
Its used for illegal activities but every currency is used by criminals so that is no new thing in my opinion.
The media is just talking very bad about the bitcoin and that is mostly used by criminals...
hero member
Activity: 770
Merit: 500
that's dumb statement, bitcoin is a currency and currency can be used for anything if the user want,just like people do use dollar to buy drugs or anything illegal? its the same like  when you use btc,and about money laundering, its possible to be done through any currency, do you ever saw people buying a very simple painted canvas with only 2 colors like red and blue ? and they bought it for $5 million? do you think its normal or money laundering?

Yes exactly, while i was reading this i was like omg *facepalm* . Anything with value can be traded for anything else. So i give you candy to go kill someone for me then we ban candy ? This whole thing about BTC and crime is really annoying but eh, let them think whatever they want to.
legendary
Activity: 1288
Merit: 1000
No more than USD is being used for illegal activities.


If you took a look at the percentages of Bitcoin being used for illegal activities vs. the percentage of USD activities being used for illegal activities, Bitcoin would win by a huge amount
Bitcoin is regarded as payment method from 5 years or less (before it had no real value). US Dollars had history of more than 100 years as a currency.
Market cap of US dollars is also significantly higher. So it is normal that this FIAT was and is used the most by criminals.
Times changes tho and it is only natural that bitcoin - and other digital currencies will be used a lot more for conducting illegal transactions.
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