Topic: Is bitcoin being used for illegal activities - page 112. (Read 139748 times)
It is normal. Fiat is still the popular instruments for illegal activities. Why do we still accuse bitcoin? But with bitcoin you have to be smart otherwise you can be caught.
Of course it's used for illegal activities, just like any currency. People do illegal things with USD, Yen, Won, etc, etc.
in a nutshell, this phenomena is explicit in the darknet without even asking about it as you visited them at once.
bitcoin (in general) is the only way to trade for illegal stuff.
bitcoin (in general) is the only way to trade for illegal stuff.
Yeah, I suppose business went to boom in the deep web because of cryptocurrency, and silk road. I remember back then when the only way to buy stuff in there was via WU, and probably, it was like 90% of the offers that were pure scam.
Some countries consider online gambling as illegal activity.
So yes, it is in those regards. But that is the beauty of being online. You can use a vpn to not be in those countries while doing those activities, so it is like you are not even in those countries that ban it.
So yes, it is in those regards. But that is the beauty of being online. You can use a vpn to not be in those countries while doing those activities, so it is like you are not even in those countries that ban it.
Will the authorities invest in the VPN services and they can monitor your every action so that you do not notice?
No. They would have to search all homes for that. Not just countries, some US estates do not allow gambling too.
Of course Bitcoin is used for illegal activities, fiat money is used all over the world for doing the same thing.
All over the world money is used to do illegal things, Only bitcoin is a safer way, especially for larger transactions.
In my country there was even a guy laying bombs in a large supermarket chain Jumbo.
And he was demanding Bitcoins, so he wouldn't do it again.
So I guess we will see more of that coming.
All over the world money is used to do illegal things, Only bitcoin is a safer way, especially for larger transactions.
In my country there was even a guy laying bombs in a large supermarket chain Jumbo.
And he was demanding Bitcoins, so he wouldn't do it again.
So I guess we will see more of that coming.
I think many bad people or criminals use fiat and the other currencies often to make the illegal activities before the Bitcoin's create. So we can't accuse the bitcoin's currency to being used by some people for this illegal purposes
Even now, 6 years after the creation of bitcoin, US dollar is still the favourite of the criminals.
Bitcoin however makes it much safer for them to get caught and i mean if there is no fiat money involved in the crime there won't be any evidence of an exchange. i could be wrong about the law in US but yeah bitcoin increases the ways of how to make their transactions easy. Online criminals like scamming and extorting are common due to bitcoin.
Exactly but what's special about btc used for illegal activities is that I'm more or less sure that it works in both ways. I'm sure price is greatly backed by illegal activities!!!
But it is to easy for them. It must stop and that is not good for us. It will have a bad reputation.
in a nutshell, this phenomena is explicit in the darknet without even asking about it as you visited them at once.
bitcoin (in general) is the only way to trade for illegal stuff.
bitcoin (in general) is the only way to trade for illegal stuff.
Some countries consider online gambling as illegal activity.
So yes, it is in those regards. But that is the beauty of being online. You can use a vpn to not be in those countries while doing those activities, so it is like you are not even in those countries that ban it.
So yes, it is in those regards. But that is the beauty of being online. You can use a vpn to not be in those countries while doing those activities, so it is like you are not even in those countries that ban it.
Will the authorities invest in the VPN services and they can monitor your every action so that you do not notice?
I'm sure that some people are using bitcoins for illegal activity. But cash and other forms of money are as well.
That is true, anything that has a value could be use in illegal activity.. It depends upon the one who will use it...
Some countries consider online gambling as illegal activity.
So yes, it is in those regards. But that is the beauty of being online. You can use a vpn to not be in those countries while doing those activities, so it is like you are not even in those countries that ban it.
So yes, it is in those regards. But that is the beauty of being online. You can use a vpn to not be in those countries while doing those activities, so it is like you are not even in those countries that ban it.
its a lot easier to use bitcoin on illegal activities though.
Anyone who would want to get away by selling illegal stuff would definitely want to try cryptocurrencies not just bitcoin but monero and the rest of the crypto which can be traded.
Anyone who would want to get away by selling illegal stuff would definitely want to try cryptocurrencies not just bitcoin but monero and the rest of the crypto which can be traded.
I'm sure that some people are using bitcoins for illegal activity. But cash and other forms of money are as well.
That is true, anything that has a value could be use in illegal activity.. It depends upon the one who will use it...
I'm sure that some people are using bitcoins for illegal activity. But cash and other forms of money are as well.
Its really up to the person. Bitcoins ain't bad its people that is.
Yeah bitcoins not wrong they are a bad person utilizing bitcoin
all currency are being used for something illegal by somebody.
bitcoin might be easier to not be tracked though with mixer and all that stuff.
bitcoin might be easier to not be tracked though with mixer and all that stuff.
Its really up to the person. Bitcoins ain't bad its people that is.
I think many bad people or criminals use fiat and the other currencies often to make the illegal activities before the Bitcoin's create. So we can't accuse the bitcoin's currency to being used by some people for this illegal purposes
Agreed. If bitcoin is being used for illegal activities, then it is not bitcoin's fault neither bitcon's developers. All currencies being used for illegal activities, but it don't effect currency Image, if bitcoin being used for illegal work, it will not effect bitcoin I think. Yeah, even gold is used by criminals, Does that mean gold is the criminal currency?
Offcourse not. Criminals will grap anything they can hold on too, for their practices.
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
because use bitcoin is anonymous then bitcoin is easy to being used for illegal activities i said that because some time ago there are kidnappers in my country asked bitcoin as a ransom 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
It happens because no one can prove about the transaction. Really people are thinking well to make them out of critical situations with bitcoin.
Stopping such usage of bitcoin is highly impossible. If there is advantage there will be disadvantage.
I think many bad people or criminals use fiat and the other currencies often to make the illegal activities before the Bitcoin's create. So we can't accuse the bitcoin's currency to being used by some people for this illegal purposes
Agreed. If bitcoin is being used for illegal activities, then it is not bitcoin's fault neither bitcon's developers. All currencies being used for illegal activities, but it don't effect currency Image, if bitcoin being used for illegal work, it will not effect bitcoin I think.
Is cash being used for illegal activities ?? 
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