Is bitcoin being used for illegal activities - page 18.

Xenophoto

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Quote from: Senor.Bla on November 15, 2016, 05:05:31 AM

Quote from: Xenophoto on November 15, 2016, 04:59:07 AM

Quote from: uname on November 15, 2016, 02:45:46 AM

Quote from: Za1n on November 14, 2016, 04:49:44 PM

I didn't read this whole thing, but this is obviously a troll post. Does anyone use dollar bills for illegal activities? Is the Sky blue? Does the sun set in the west? Are you a troll?

yeah anyway if bitcoin actually used for illegal activities then what's the harm? all users are free to use bitcoin and there is no harm if they are using bitcoin to their interests, whatever it

You might not directly feel it because it doesn't affect you at all, but bitcoin being used in illegal activities actually gives bitcoin a bad name. You might not care about that and only think of earning money through bitcoins but bitcoin's reputation actually matters. All those bad stories about bitcoin has lead the majority into thinking that it is a scam and the users of it are doing something illegal online. It discourages the non-bitcoin users so that prolongs the mass adoption period.

well we need to make a better job at explaining what bitcoin is. if we do it right we might end up with more legal businesses. but i see a problem here.
bitcoin is more complicated then fiat and most people have already a problem with the understanding of fiat money. educating is what we need the most.

Actually we would just be wasting our time trying to explain it to people and pushing them into using bitcoins. No matter how well we explain it to people, and no matter how we convince them, the negative side of bitcoin will still be there and that would still be in their minds. You just can't persuade then. People only hears what they want to hear, and it's the negative side of bitcoin.

olubams

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Even the Bible or Quran as we have seen from happenings from all over the world have been used for illegal means. Fiat money as we have also seen has also been used for illegal purposes not to talk of Bitcoin which even offer some degree of anonymity but I believe its on the basis of individual perspective that if someone can use fiat for illegal means then he or she can equally use Bitcoin for such purpose...

Quote from: Ru_Ezaz on November 15, 2016, 05:23:17 AM

Yes bitcoin can be used for many illegal activities.Any type of money is used in illegal activity but bitcoin has an advantage over then because no body can who is the sender of the btc.Bank will only know money is coming from bank so no Identity of sender so they can surely use it in illegal activities.

Ru_Ezaz

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Yes bitcoin can be used for many illegal activities.Any type of money is used in illegal activity but bitcoin has an advantage over then because no body can who is the sender of the btc.Bank will only know money is coming from bank so no Identity of sender so they can surely use it in illegal activities.

newcripto

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Everything which can be used to make the criminals work easy will be used for illegal activities and Bitcoin has no exception in this regard. I will use fiat to give an example European Central Bank is cautious about 500euro bill's usage and they have reported that it is being used more by dark community as it is easy to carry from one place to another. This doesn't make fiat currency by itself bad. Bitcoin is facility and it doesn't have to stop being used for illegal activities.

TastyChillySauce00

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Quote from: Xenophoto on November 15, 2016, 04:59:07 AM

Quote from: uname on November 15, 2016, 02:45:46 AM

Quote from: Za1n on November 14, 2016, 04:49:44 PM

I didn't read this whole thing, but this is obviously a troll post. Does anyone use dollar bills for illegal activities? Is the Sky blue? Does the sun set in the west? Are you a troll?

yeah anyway if bitcoin actually used for illegal activities then what's the harm? all users are free to use bitcoin and there is no harm if they are using bitcoin to their interests, whatever it

You might not directly feel it because it doesn't affect you at all, but bitcoin being used in illegal activities actually gives bitcoin a bad name. You might not care about that and only think of earning money through bitcoins but bitcoin's reputation actually matters. All those bad stories about bitcoin has lead the majority into thinking that it is a scam and the users of it are doing something illegal online. It discourages the non-bitcoin users so that prolongs the mass adoption period.

actually not only giving bitcoin a bad reputation but also supporting such kind of illegal activities like drugs selling and probably human traficking which is really bad,if he's still saying what's the harm if bitcoin getting used for illegal activities,he needs to learn more about illegal activities and it's kind

Senor.Bla

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Quote from: Xenophoto on November 15, 2016, 04:59:07 AM

Quote from: uname on November 15, 2016, 02:45:46 AM

Quote from: Za1n on November 14, 2016, 04:49:44 PM

I didn't read this whole thing, but this is obviously a troll post. Does anyone use dollar bills for illegal activities? Is the Sky blue? Does the sun set in the west? Are you a troll?

yeah anyway if bitcoin actually used for illegal activities then what's the harm? all users are free to use bitcoin and there is no harm if they are using bitcoin to their interests, whatever it

You might not directly feel it because it doesn't affect you at all, but bitcoin being used in illegal activities actually gives bitcoin a bad name. You might not care about that and only think of earning money through bitcoins but bitcoin's reputation actually matters. All those bad stories about bitcoin has lead the majority into thinking that it is a scam and the users of it are doing something illegal online. It discourages the non-bitcoin users so that prolongs the mass adoption period.

well we need to make a better job at explaining what bitcoin is. if we do it right we might end up with more legal businesses. but i see a problem here.
bitcoin is more complicated then fiat and most people have already a problem with the understanding of fiat money. educating is what we need the most.

Xenophoto

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Quote from: uname on November 15, 2016, 02:45:46 AM

Quote from: Za1n on November 14, 2016, 04:49:44 PM

I didn't read this whole thing, but this is obviously a troll post. Does anyone use dollar bills for illegal activities? Is the Sky blue? Does the sun set in the west? Are you a troll?

yeah anyway if bitcoin actually used for illegal activities then what's the harm? all users are free to use bitcoin and there is no harm if they are using bitcoin to their interests, whatever it

You might not directly feel it because it doesn't affect you at all, but bitcoin being used in illegal activities actually gives bitcoin a bad name. You might not care about that and only think of earning money through bitcoins but bitcoin's reputation actually matters. All those bad stories about bitcoin has lead the majority into thinking that it is a scam and the users of it are doing something illegal online. It discourages the non-bitcoin users so that prolongs the mass adoption period.

Caladonian

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Quote from: Senor.Bla on November 15, 2016, 03:55:35 AM

Quote from: uname on November 15, 2016, 02:45:46 AM

Quote from: Za1n on November 14, 2016, 04:49:44 PM

I didn't read this whole thing, but this is obviously a troll post. Does anyone use dollar bills for illegal activities? Is the Sky blue? Does the sun set in the west? Are you a troll?

yeah anyway if bitcoin actually used for illegal activities then what's the harm? all users are free to use bitcoin and there is no harm if they are using bitcoin to their interests, whatever it

it is good if you can use bitcoin for illegal activities. a currency should not be just for some people or some uses. a currency should be blind to whom uses it and for what reason. otherwise you can manipulate it.

well your point is correct since that it is a currency we shouldn't allow anyone to control it and it should be use in any way
so its true that bitcoin really possible to be use in illegal manner.

Senor.Bla

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Quote from: uname on November 15, 2016, 02:45:46 AM

Quote from: Za1n on November 14, 2016, 04:49:44 PM

I didn't read this whole thing, but this is obviously a troll post. Does anyone use dollar bills for illegal activities? Is the Sky blue? Does the sun set in the west? Are you a troll?

yeah anyway if bitcoin actually used for illegal activities then what's the harm? all users are free to use bitcoin and there is no harm if they are using bitcoin to their interests, whatever it

it is good if you can use bitcoin for illegal activities. a currency should not be just for some people or some uses. a currency should be blind to whom uses it and for what reason. otherwise you can manipulate it.

uname

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Quote from: Za1n on November 14, 2016, 04:49:44 PM

I didn't read this whole thing, but this is obviously a troll post. Does anyone use dollar bills for illegal activities? Is the Sky blue? Does the sun set in the west? Are you a troll?

yeah anyway if bitcoin actually used for illegal activities then what's the harm? all users are free to use bitcoin and there is no harm if they are using bitcoin to their interests, whatever it

akashborikar

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In fact, many believe that it is due to crime, we are obliged to the increased cost in the early years of Bitcoin. As criminals have found a Bitcoin as the anonymous (of course, now we know that he psevdoanonimen) coin to pay for a variety of illegal or prohibited goods. What is it then, criminals have become massively buying Bitcoin and use it.

OrangeII

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Quote from: MTBTT on November 15, 2016, 12:44:36 AM

Quote from: roomfirst on November 13, 2016, 02:37:03 AM

I'm sure yes. Every currency always have illegal activites, but they only do that activities in secret way. So, not many people know about this illegal activites. Maybe like buying and selling drugs online using bitcoins or many else.

with the advantages of bitcoin as a currency that makes bitcoin anonymous appeal for a criminal to the less visible, happy or not bitcoin is used for illegal activities by some people

very true, like it or not bitcoin does have advantages that make people become easier to carry out illegal transactions. even since bitcoin has had the exchange rate, bitcoin has been used as a tool by some illegal transactions. yeah, but maybe it also makes the value of bitcoin be increased

mirakal

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Quote from: prabowo96 on November 15, 2016, 12:33:01 AM

Quote from: sportis on November 14, 2016, 05:14:44 PM

I believe that paper money is easier to use for illegal activities especially if these are local activities. On the other side if these activities are far away each other crypto coins is a solution. But I believe that this is not the Bitcoin for a simple reason. Bitcoin was "designed" as decentralized monetary system not a coin for users who wish to remain anonymous. There are other crypto coins which serve this purpose such as monero and as we know illegal activities does not need publicity.

I have the same thought, neither bitcoin can be more anonymous than paper money, the difference between this two ways of payment is that one can be easily used for local trades and the other for international trades. We will never end with ilegal activities.

I believe we cannot control the mindset of the user of bitcoin, it's anonymous so they can do anything they wanted to do including illegal activities. That's already known in the beginning that bitcoin can possibly be use for illegal activities and we cannot do anything about that, the only thing we can do is to invest as I believe with illegal activities the demand of bitcoin will increase as well.

MTBTT

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Quote from: roomfirst on November 13, 2016, 02:37:03 AM

I'm sure yes. Every currency always have illegal activites, but they only do that activities in secret way. So, not many people know about this illegal activites. Maybe like buying and selling drugs online using bitcoins or many else.

with the advantages of bitcoin as a currency that makes bitcoin anonymous appeal for a criminal to the less visible, happy or not bitcoin is used for illegal activities by some people

diegz

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Quote from: sportis on November 14, 2016, 05:14:44 PM

I believe that paper money is easier to use for illegal activities especially if these are local activities. On the other side if these activities are far away each other crypto coins is a solution. But I believe that this is not the Bitcoin for a simple reason. Bitcoin was "designed" as decentralized monetary system not a coin for users who wish to remain anonymous. There are other crypto coins which serve this purpose such as monero and as we know illegal activities does not need publicity.

I do believe that it is easier to make a illegal transaction with bitcoin than paper money, evidence are not seen by eyes, unless they would start searching you and you haven't destroyed your phones wallet or your laptops. paper money is so obvious when making a transaction, unlike in bitcoin, you can even do it without talking personally.

prabowo96

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Quote from: sportis on November 14, 2016, 05:14:44 PM

I believe that paper money is easier to use for illegal activities especially if these are local activities. On the other side if these activities are far away each other crypto coins is a solution. But I believe that this is not the Bitcoin for a simple reason. Bitcoin was "designed" as decentralized monetary system not a coin for users who wish to remain anonymous. There are other crypto coins which serve this purpose such as monero and as we know illegal activities does not need publicity.

I have the same thought, neither bitcoin can be more anonymous than paper money, the difference between this two ways of payment is that one can be easily used for local trades and the other for international trades. We will never end with ilegal activities.

sportis

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Veni, Vidi, Vici

I believe that paper money is easier to use for illegal activities especially if these are local activities. On the other side if these activities are far away each other crypto coins is a solution. But I believe that this is not the Bitcoin for a simple reason. Bitcoin was "designed" as decentralized monetary system not a coin for users who wish to remain anonymous. There are other crypto coins which serve this purpose such as monero and as we know illegal activities does not need publicity.

Za1n

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I didn't read this whole thing, but this is obviously a troll post. Does anyone use dollar bills for illegal activities? Is the Sky blue? Does the sun set in the west? Are you a troll?

Skarner21

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Massive price drop coming...

Quote from: croutonhexagon on November 14, 2016, 12:04:32 PM

Check in dark net and go deeper into criminal world then you could find the reality. My imagination says that criminal prefer bitcoin and other form of currency over traditional bank system paper money because there is no privacy in paper currency so in order to hide themself they will definitely use something like bitcoin

I think it is impossible that only bitcoin is use for illegal activities i think there is currency online are uses only for illegal.
Like perfect money many site and dark web are asking for payment for perfect money.
I saw many website like ponzi site are using it because of this weaknesses just like bitcoin..
So not only bitcoin is use for illegal activities many payment processors online are uses for illegal..

Senor.Bla

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Quote from: markyminer on November 14, 2016, 04:33:13 PM

Quote from: roomfirst on November 13, 2016, 02:37:03 AM

I'm sure yes. Every currency always have illegal activites, but they only do that activities in secret way. So, not many people know about this illegal activites. Maybe like buying and selling drugs online using bitcoins or many else.

you can only be sure if you personally involve in suck kind of activities or you have seen some one doing so, but for me i am not sure but i think it can be as the bad people in this world must be using some currencies, therefore they can also use bitcoins for their bad intentions.

that is not true. i can be sure someone is using bitcoin for illegal activities if i just check some evidence. like the block chain for example. let us say i see a youtube video of someone creating an address and i check that address later with its transactions. there i could find some bitcoin send to another address which belongs to an site which offer some illegal goods. i know the site, the owner of the address and the blockchain is the prove of he transaction. what do i need more?

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