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Topic: Is bitcoin being used for illegal activities - page 122. (Read 139748 times)

legendary
Activity: 1848
Merit: 1000
February 06, 2016, 07:39:57 AM
#5
I would have to agree and say it is involved on the same way any form of currency is, the majority of news about bitcoin tells us as much.
legendary
Activity: 3248
Merit: 1070
February 06, 2016, 07:36:43 AM
#4
criminals are just taking advantage of the anonymous part of bitcoin(yes bitcoin is anonymous if you don't deal in fiat and you not have your name attached to your address...), that's not bitcoin fault

bitcoin was mean to have some privacy in comparison to fiat, you may seen it as cash which are digital

what really hurts bitcoin, is those hacker stealing 30k coins on exchange and dumping it the next day, everything else is pure fud
sr. member
Activity: 392
Merit: 250
February 06, 2016, 07:29:32 AM
#3
Quote
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, with exception that governmetns and banks control fiat. And they wont do anything to ban fiat. Why would they? they can print it at will and do whatever they want with it.

They dont control bitcoin, they cant print bitcoin, and they can cheat with bitcoin. This is a reason you see lots of negative press about bitcoin. Banks and gavernments dont want ppl to use it. Thus, the easiest way is just to scare ppl that bitcoin is only used by criminals or it is a scam.
legendary
Activity: 2674
Merit: 2965
Terminated.
February 06, 2016, 07:29:14 AM
#2
Let me put it this way: I'd argue that if Bitcoin could not be used for illegal activities, that it isn't a currency. (A.A.); Additionally people fail to realize that the currency used for the most evil is currently the dollar ($). One could also argue that this reduces the number of stabbings and whatnot. The money that they are printing is the root of all evil and they are just trying to manipulate the sheep to not think for themselves.
sr. member
Activity: 252
Merit: 250
February 06, 2016, 07:11:09 AM
#1
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
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