The bitcoin is used for criminal activities but this is not something that is very wrong because its logical and not something that is bad for the economy of it.
Its just that it should not happen too much.
Topic: Is bitcoin being used for illegal activities - page 27. (Read 139750 times)
i think bitcoin is just an vertual money system and it is true that it is being used for many illigal activitys but the bad part of it is that we are getting negetive impression for them.whenever they got caught or punched for commiting any crime activity then just because they used btc in their work people think negetive thoghts for us
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
yes may be but i am not sure with bitcoin being used for illegal activities , this time I did not know that bitcoin is used as the government must act decisively if it really happenedwill 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
There is no way to control where bitcoin or any altcoin or even fiat is being spent at, if those would be possible mafia wouldnt exist, and several wars wouldnt have sponsorship to keep attacking countries and people.
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
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
I really think that your thread really meant nothing because bitcoin is a currency and just like other currency like dollar or other fiat money that are mostly involve in illegal transaction and can be involve in some illegal organization bitcoin is just the same if apply to some illegal activities that is why it is really common sense on what would people do with their bitcoin.
As long it has a value it would surely being used on illegal services and transaction. as you said its up to people decision on how they gonna handle this things and how they would use up their money. Bitcoin is being used for sure on illegal things because of its anonymity feature.
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
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
I really think that your thread really meant nothing because bitcoin is a currency and just like other currency like dollar or other fiat money that are mostly involve in illegal transaction and can be involve in some illegal organization bitcoin is just the same if apply to some illegal activities that is why it is really common sense on what would people do with their bitcoin.
of course bitcoin is used extensively for doing illegal trading because it's partially anonymous which help sender and receiver to stay behind the wall and no one knows who transfered money to whom. other people could only know that some amount of bitcoin is transferred for one address to another.
Exactly, the anonymity factor on one side is an advantage for bitcoin users as they can keep their money safe without letting anyone know about them, but it is also a disadvantage for the community as it can be easily used for illegal activities as no one can trace it, but though it is used for illegal things it still wont effect bitcoin itself.
Gambling is illegal in our country but I can gamble using bitcoin, so I am using bitcoin for illegal activity specifically gambling. Big question,
Who will arrest me then?
Who will arrest me then?
I don't think the cyber crime watch in your country will ever try to trace you. For I know most of them are just monitoring those online gambling who uses your local currency.
So you don't have to worry about it if someone will just knock on your door calling your name and ip address and tells your 'under arrest'.
Because you are not doing anything that is against the law.
I think most countries would actually take legal action against someone who's gambling on an unregulated site, IF they had the means to catch them easily.
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
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
Maybe some people who are greedy they can do it freely to use it for illegal matters. And of course yes, this things can hurt and affect bitcoin in some other aspect because of their wrong deeds.
of course bitcoin is used extensively for doing illegal trading because it's partially anonymous which help sender and receiver to stay behind the wall and no one knows who transfered money to whom. other people could only know that some amount of bitcoin is transferred for one address to another.
It's not 'extremely' used. That idea gives us, the Bitcoiners a bad look in others eyes because Bitcoin's reputation simply went down from these kinds of ideas. It's used just like the dollar or the euro or any other currency is in illegal activities. The criminals may prefer using anonymous currencies but trust me, Bitcoin isn't always their best option.
of course bitcoin is used extensively for doing illegal trading because it's partially anonymous which help sender and receiver to stay behind the wall and no one knows who transfered money to whom. other people could only know that some amount of bitcoin is transferred for one address to another.
It is true that bitcoin can be used for illegal activities. The transactions in bitcoin can be traced to the origin and dealing in bitcoin is so easy. You don't have to verify your identity to send or receive bitcoin. Criminals feel happy with such features of bitcoin and will continue going on with their illegal activities.
Gambling is illegal in our country but I can gamble using bitcoin, so I am using bitcoin for illegal activity specifically gambling. Big question,
Who will arrest me then?
It will depends if your government banned gambling online and in physical casinos or in any kind of gambling, authorities will arrest you in your country of course. And because of that people in your country will say that bitcoin is used for illegal activities specially in gambling. Who will arrest me then?
And to OP of course it does, bitcoin is a kind of currency, and all currency can use in any illegal activities.
Gambling is illegal in our country but I can gamble using bitcoin, so I am using bitcoin for illegal activity specifically gambling. Big question,
Who will arrest me then?
It will depends if your government banned gambling online and in physical casinos or in any kind of gambling, authorities will arrest you in your country of course. And because of that people in your country will say that bitcoin is used for illegal activities specially in gambling. Who will arrest me then?
And to OP of course it does, bitcoin is a kind of currency, and all currency can use in any illegal activities.
Gambling is illegal in our country but I can gamble using bitcoin, so I am using bitcoin for illegal activity specifically gambling. Big question,
Who will arrest me then?
It will depends if your government banned gambling online and in physical casinos or in any kind of gambling, authorities will arrest you in your country of course. And because of that people in your country will say that bitcoin is used for illegal activities specially in gambling. Who will arrest me then?
And to OP of course it does, bitcoin is a kind of currency, and all currency can use in any illegal activities.
Gambling is illegal in our country but I can gamble using bitcoin, so I am using bitcoin for illegal activity specifically gambling. Big question,
Who will arrest me then?
Lol yeah it could be one of them. in some countries, including illegal gambling and you can gamble with ease using bitcoin, certainly an outsider would say that bitcoin is used for illegal activities Who will arrest me then?
Gambling is illegal in our country but I can gamble using bitcoin, so I am using bitcoin for illegal activity specifically gambling. Big question,
Who will arrest me then?
Who will arrest me then?
I don't think the cyber crime watch in your country will ever try to trace you. For I know most of them are just monitoring those online gambling who uses your local currency.
So you don't have to worry about it if someone will just knock on your door calling your name and ip address and tells your 'under arrest'.
Because you are not doing anything that is against the law.
Well, what he is doing certainly is against the law. But so is (I'm assuming) pirating. You are right that nobody is going to come and knock on his door- it's much too minor a misdemeanor to assign resources to.
Gambling is illegal in our country but I can gamble using bitcoin, so I am using bitcoin for illegal activity specifically gambling. Big question,
Who will arrest me then?
Who will arrest me then?
I don't think the cyber crime watch in your country will ever try to trace you. For I know most of them are just monitoring those online gambling who uses your local currency.
So you don't have to worry about it if someone will just knock on your door calling your name and ip address and tells your 'under arrest'.
Because you are not doing anything that is against the law.
I think the players look always safe online gambling, there was never any legal authority dared to arrest a perpetrator online gambling. For evidence of gambling games online has never been seen. Therefore, in the internet world. I am here often see their own activity gamblers every day coming to the internet rental. but I have never seen gamblers arrested.
Gambling is illegal in our country but I can gamble using bitcoin, so I am using bitcoin for illegal activity specifically gambling. Big question,
Who will arrest me then?
Who will arrest me then?
I don't think the cyber crime watch in your country will ever try to trace you. For I know most of them are just monitoring those online gambling who uses your local currency.
So you don't have to worry about it if someone will just knock on your door calling your name and ip address and tells your 'under arrest'.
Because you are not doing anything that is against the law.
I wish BTC is not used for illegal activities though it is a currency. Legal and illegal activities require money. It depends on who uses the coins. Lets utilize the bitcoins only for good purposes as it was created to benefit all and lets bring more fame and name to bitcoins and its founders.
With the anonymous factor and descentralized factor? I believe bitcoin was created for ilegal propouses or at least a lot of transactions are linked with something ilegal, we can't stop it and that's why bitcoin have this price.
Jump to: