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Topic: Is bitcoin being used for illegal activities - page 36. (Read 139746 times)

hero member
Activity: 798
Merit: 500
i am not sure about this but my be so, because i think about every currency of the world my be used for illegal activities, like people may have  use USD for buying drugs or guns  so may be people are also using bitcoin for different illegal activities.
You are right not only bitcoin but every currency is used for illegal activity when it come in the hands of bad company and when it will be in the hands of good people then they use bitcoin for the peaceful purposes and not for illegal activities.
from your post I got the point that it depend on the type of people that which thing is used for what purpose if the person will be of a good moral then he will never like to use bitcoin for any illegal use and if the person will be of bad mind then he will use not only bitcoin but any of the currency for llegal activities.
hero member
Activity: 672
Merit: 500
i am not sure about this but my be so, because i think about every currency of the world my be used for illegal activities, like people may have  use USD for buying drugs or guns  so may be people are also using bitcoin for different illegal activities.
You are right not only bitcoin but every currency is used for illegal activity when it come in the hands of bad company and when it will be in the hands of good people then they use bitcoin for the peaceful purposes and not for illegal activities.
hero member
Activity: 896
Merit: 514
i am not sure about this but my be so, because i think about every currency of the world my be used for illegal activities, like people may have  use USD for buying drugs or guns  so may be people are also using bitcoin for different illegal activities.
you are right that we can not blame to bitcoin and any currency can be used for any type activity so its depend on people good people will be use any currency for good activity and bad people will be use their currency for bad activity.
hero member
Activity: 756
Merit: 501
Each people does spend and use regular markets to make their transactions, but people that sell drugs and forbidden products can do the same at those marketplaces, soo dark marketplaces get interest and people do busines with any crypto and with fiat not a surprise at all.
legendary
Activity: 1176
Merit: 1024
i am not sure about this but my be so, because i think about every currency of the world my be used for illegal activities, like people may have  use USD for buying drugs or guns  so may be people are also using bitcoin for different illegal activities.
Yes, it depends on individual mindsets and the purpose for which the person intend to use bitcoin. Bitcoin is not actually meant to be used for illegal activities but to provide some for of privacy,freedom and simplicity in terms of financial transaction. I have never use bitcoin for illegal activities and I do not think I will ever.
full member
Activity: 154
Merit: 100
Every currency is used for illegal and legal purposes. Its the people who and for what purposes they use it. As BTC is a digital currency and can be transferred anywhere without the knowledge of anyone else, it has much chance to use for illegal activities. Though the one knows it is illegal, he/she still goes beyond to use the btc for illegal. None can stop unless he/she stops himself.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Yes.  And not only is it used for illegal activities but its pseudo-anonymous nature also encourages certain adopters to entertain a level of immorality which they would not otherwise promote under their real world identities. Those are facts....the question is: are those facts hurtful to the bitcoin economy and do they reflect the attitude of the community as a whole?
While it’s true that when you give some level of anonymity to a person, that person will do things that probably he will not do if his identity is known, we are talking about criminal activities here, I really doubt that those that sell illegal stuff are any better in the real world.
member
Activity: 70
Merit: 10
We all know that  owning bitcoins is so advantageous.  Unfortunately, these advantages has been fully abused by some.

Since bitcoin is known for its anonymity, people take advantage to it. People tend to use bitcoins for transactions of some illegal activities. For instance, purchasing or acquiring illegal drugs. Some may use bitcoins as mode of payment to hide its real identity because all you just need is a wallet to make transaction. No other personal informations.  That's the sad ang alarming part.
sr. member
Activity: 279
Merit: 250
i do not think that bitcoin can be use for illegal activity because bitcoin is very modern currency and there is a lot of modern mind people are using bitcoin for their business so we can not blame to bitcoin and i think bitcoin is very good than other investment .
are you in your mind mate? bitcoin was designed to be use inside the darkweb which cater many illegal activities, though bitcoin already adopted which now used in many other form of transaction we can't say is not use in illegal activities since bitcoin is currency and every currency can be used illegally.
Bitcoin is designed to be use as a currency, however, we cannot control these people who will use bitcoin for illegal transaction due to the anonymous feature of bitcoin, and even with that reality bitcoin cannot be called that it is use majorly for illegal activities, for now it is widely use as an investment rather than a currency.
yes that is a fact that it is not easy to control the misuse of bitcoin by some bad people but to me their number is very low, very few number of people may be using bitcoin for illegal activities, but still the the number of good users of bitcoin is more that its miss users,
Many countries are trying to control the bitcoin but it seems that they have very little work. Although if illegal operations will increase, and break the law, it may impose a ban on foreign currency.
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
i do not think that bitcoin can be use for illegal activity because bitcoin is very modern currency and there is a lot of modern mind people are using bitcoin for their business so we can not blame to bitcoin and i think bitcoin is very good than other investment .
are you in your mind mate? bitcoin was designed to be use inside the darkweb which cater many illegal activities, though bitcoin already adopted which now used in many other form of transaction we can't say is not use in illegal activities since bitcoin is currency and every currency can be used illegally.
Bitcoin is designed to be use as a currency, however, we cannot control these people who will use bitcoin for illegal transaction due to the anonymous feature of bitcoin, and even with that reality bitcoin cannot be called that it is use majorly for illegal activities, for now it is widely use as an investment rather than a currency.
yes that is a fact that it is not easy to control the misuse of bitcoin by some bad people but to me their number is very low, very few number of people may be using bitcoin for illegal activities, but still the the number of good users of bitcoin is more that its miss users,
Where are you getting your info from, let me guess your not putting any thought into your posts at all just spamming for your sig payments.

The overall use of bitcoin for illegal activities has remained steady for years now, the daily sales volume reached by just 6 of the dark markets in 2014 alone was $650000 USD and that is not slowing down, it's actually probably more now.

Do yourself and all of us a favour and check out this link before posting here again: http://www.coindesk.com/bitcoin-on-the-dark-web-the-facts/
full member
Activity: 154
Merit: 100
i do not think that bitcoin can be use for illegal activity because bitcoin is very modern currency and there is a lot of modern mind people are using bitcoin for their business so we can not blame to bitcoin and i think bitcoin is very good than other investment .
are you in your mind mate? bitcoin was designed to be use inside the darkweb which cater many illegal activities, though bitcoin already adopted which now used in many other form of transaction we can't say is not use in illegal activities since bitcoin is currency and every currency can be used illegally.
Bitcoin is designed to be use as a currency, however, we cannot control these people who will use bitcoin for illegal transaction due to the anonymous feature of bitcoin, and even with that reality bitcoin cannot be called that it is use majorly for illegal activities, for now it is widely use as an investment rather than a currency.
yes that is a fact that it is not easy to control the misuse of bitcoin by some bad people but to me their number is very low, very few number of people may be using bitcoin for illegal activities, but still the the number of good users of bitcoin is more that its miss users,
sr. member
Activity: 284
Merit: 250
If we consider the payment of erotic or pornography material on the Internet, there is a lot of pros and cons. The fact that the pay bitcoin is very profitable because of the anonymity, but there is still banned for files that can be punished by law.
sr. member
Activity: 434
Merit: 250
If you don't think bitcoin can be used for illegal activities then how do you explain all the darknet marketplaces that have been accepting bitcoin as payment since 2010, it's basically how bitcoin got it's start and the man we have to thank for that is currently being illegally held in a US jail (he should at least be on bail pending a retrial due to all the corruption in the case)

Yes its actually disappointing that the some of the agents investigating the Silk Road case are now in prison for stealing Bitcoin,
yet Ross William Ulbricht remains in prison.
(However, not surprising)

If you have ever had the police get on the stand and testify against you, swear to tell the truth, and lie to the judge and jury,
you will realize how helpless you are against the police state. Normal citizens have no rights once a person in a position of authority decides to use their power against you.
hero member
Activity: 2996
Merit: 609
i do not think that bitcoin can be use for illegal activity because bitcoin is very modern currency and there is a lot of modern mind people are using bitcoin for their business so we can not blame to bitcoin and i think bitcoin is very good than other investment .
are you in your mind mate? bitcoin was designed to be use inside the darkweb which cater many illegal activities, though bitcoin already adopted which now used in many other form of transaction we can't say is not use in illegal activities since bitcoin is currency and every currency can be used illegally.
Bitcoin is designed to be use as a currency, however, we cannot control these people who will use bitcoin for illegal transaction due to the anonymous feature of bitcoin, and even with that reality bitcoin cannot be called that it is use majorly for illegal activities, for now it is widely use as an investment rather than a currency.

Well this characteristics of bitcoin is  being  used  on  negative  ways  which  could people able to do illegal things with it because of this  feature  and we could not  do things about  it  because  its the reality. Bitcoins  is  being used  on  illegal  activities because its really hard  to race  up someone who uses that address.
hero member
Activity: 952
Merit: 500
i do not think that bitcoin can be use for illegal activity because bitcoin is very modern currency and there is a lot of modern mind people are using bitcoin for their business so we can not blame to bitcoin and i think bitcoin is very good than other investment .
are you in your mind mate? bitcoin was designed to be use inside the darkweb which cater many illegal activities, though bitcoin already adopted which now used in many other form of transaction we can't say is not use in illegal activities since bitcoin is currency and every currency can be used illegally.
Bitcoin is designed to be use as a currency, however, we cannot control these people who will use bitcoin for illegal transaction due to the anonymous feature of bitcoin, and even with that reality bitcoin cannot be called that it is use majorly for illegal activities, for now it is widely use as an investment rather than a currency.
hero member
Activity: 1302
Merit: 540
i do not think that bitcoin can be use for illegal activity because bitcoin is very modern currency and there is a lot of modern mind people are using bitcoin for their business so we can not blame to bitcoin and i think bitcoin is very good than other investment .
are you in your mind mate? bitcoin was designed to be use inside the darkweb which cater many illegal activities, though bitcoin already adopted which now used in many other form of transaction we can't say is not use in illegal activities since bitcoin is currency and every currency can be used illegally.
sr. member
Activity: 420
Merit: 250
i am not sure about this but my be so, because i think about every currency of the world my be used for illegal activities, like people may have  use USD for buying drugs or guns  so may be people are also using bitcoin for different illegal activities.
Yes of course every currency is being used for illegal activities at some stage in it's life, it's unavoidable.

i do not think that bitcoin can be use for illegal activity because bitcoin is very modern currency and there is a lot of modern mind people are using bitcoin for their business so we can not blame to bitcoin and i think bitcoin is very good than other investment .
If you don't think bitcoin can be used for illegal activities then how do you explain all the darknet marketplaces that have been accepting bitcoin as payment since 2010, it's basically how bitcoin got it's start and the man we have to thank for that is currently being illegally held in a US jail (he should at least be on bail pending a retrial due to all the corruption in the case)

Actually the bigger jumps of marketcap from cryptocoins was made because people start to use it in illegal transactions, unfortunately is the simple way to not leave traces... Anonnymous thing... Well, drugwar is a broken cause to support.
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
i am not sure about this but my be so, because i think about every currency of the world my be used for illegal activities, like people may have  use USD for buying drugs or guns  so may be people are also using bitcoin for different illegal activities.
Yes of course every currency is being used for illegal activities at some stage in it's life, it's unavoidable.

i do not think that bitcoin can be use for illegal activity because bitcoin is very modern currency and there is a lot of modern mind people are using bitcoin for their business so we can not blame to bitcoin and i think bitcoin is very good than other investment .
If you don't think bitcoin can be used for illegal activities then how do you explain all the darknet marketplaces that have been accepting bitcoin as payment since 2010, it's basically how bitcoin got it's start and the man we have to thank for that is currently being illegally held in a US jail (he should at least be on bail pending a retrial due to all the corruption in the case)
full member
Activity: 138
Merit: 100
i do not think that bitcoin can be use for illegal activity because bitcoin is very modern currency and there is a lot of modern mind people are using bitcoin for their business so we can not blame to bitcoin and i think bitcoin is very good than other investment .
full member
Activity: 154
Merit: 100
i am not sure about this but my be so, because i think about every currency of the world my be used for illegal activities, like people may have  use USD for buying drugs or guns  so may be people are also using bitcoin for different illegal activities.
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