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Topic: Is bitcoin being used for illegal activities - page 40. (Read 139758 times)

hero member
Activity: 504
Merit: 500
I'm sure bitcoin is used for illegal activity, but so are other currencies. We know that the US dollar is used all the time for illegal activity. I don't think this should be a reason to stop using it.
yeah I think we should not be amazed by the fact that all the currencies also has a mafia, as well as bitcoin, they are hidden and they will not show it, so calm down
sr. member
Activity: 364
Merit: 254
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I'm sure bitcoin is used for illegal activity, but so are other currencies. We know that the US dollar is used all the time for illegal activity. I don't think this should be a reason to stop using it.
hero member
Activity: 588
Merit: 500
   Is bitcoin being used for illegal activities? It's easy to figure out that Bitcoin is not being used much for such things. I see more and more articles of bitcoin being used for illegal activities, and I ask myself will this hurt bitcoin in the long run?
   Bitcoin is not exception, all currencies are being used for illegal activities. If someone can stop criminals they would do that long time ago. I just pray this rumors to not on bitcoin, and new people that still need to get into crypto world. For them it`s better bitcoin to not have bad reputation.
sr. member
Activity: 462
Merit: 250
Wish not to use BTC for illegal activities. Lot other things can be done. BTC and its wallets can be used for legal activities. Lets aim for it. BTC can be used for legal and illegal actives. Lets utilize bitcoins only for good purposes. As bitcoins was created to benefit all and lets bring more fame and name to bitcoins and its founders.

Well with any kind of currency the currency can be used by good people and people with bad attention, but there is no way you can say the currency itself is at fault. Since it's just a way to use it. Not all people use it for bad things remember that too.
legendary
Activity: 1232
Merit: 1091
If fiat is being used into some shady activities, so does bitcoin. Bitcoin is being used into some underground shady activities like dark web activities such as buying drugs, illegal firearms and whatnot. Though the volume of illegal activities in bitcoin is low, still it is a red flag.

No matter how many times fiat is being used to finance terrorism, drug transactions, weapons, etc, it's always Bitcoin that receives the blame from the media and thus the people believing everything. I thought it would change after a few years, but looking right now at how the situation is, there are no differences. It's still the same.
full member
Activity: 136
Merit: 100
Wish not to use BTC for illegal activities. Lot other things can be done. BTC and its wallets can be used for legal activities. Lets aim for it. BTC can be used for legal and illegal actives. Lets utilize bitcoins only for good purposes. As bitcoins was created to benefit all and lets bring more fame and name to bitcoins and its founders.
full member
Activity: 201
Merit: 100
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

in my opinion it's not the fault of bitcoin but of the criminals using it.
hopefully a large number of people who use bitcoin for a good deed than for illegal activities.
hero member
Activity: 518
Merit: 500
i think using of bitcoin is depend on negative and positive people if someone is negative then they will use bitcoin for negative activity and if someone positive then they will use bitcoin for the positive activity so we can not blame the the bitcoin because bitcoin is normal currency.

Yes if people activity that is involved with bitcoin is illegal then bitcoin will be used in illegal activities.  And when people who use bitcoin are in legal actions, these people will avoid using it in illegal activities because they don't want to be sanctioned by the government. As we know Bitcoin as a currency, it can and will be used at medium to conduct people activity, whether it is legal or illegal
I don't agree with you if bitcoin monitored under the law sooner or later all will definitely leave bitcoin slowly, until today bitcoin could survive because there is illegal activity.
legendary
Activity: 3542
Merit: 1352
If fiat is being used into some shady activities, so does bitcoin. Bitcoin is being used into some underground shady activities like dark web activities such as buying drugs, illegal firearms and whatnot. Though the volume of illegal activities in bitcoin is low, still it is a red flag.
full member
Activity: 193
Merit: 100
It is neither legal nor illegal. It is the so-called gray zone. You can't be 100% sure who and what. And yes there are many who use it in illegal actions. But because they do not belong to anyone, and can't set a law that defines it as illegal or not, is still unknown whether it is eventually or not.

I think bitcoin is still consider it as legal.. we are just hear that many people are investing in bitcoin because they can buy drugs.. or illegal items in darkweb.. they choosen bitcoin because dont need to verify their account and you can use bitcoin easily.. for any transaction their made..
Its is a currency. Currency is used for all purposes. It can used for either legal or illegal. It depends on the person and the action is taking place. Though one knows it is illegal, they move forward to complete their tasks with currency. Bitcoin is a currency. We can have a control on it only when one decides not to get into illegal act with currency.
full member
Activity: 168
Merit: 100
I learnt about experts they're experts on fuck all
It doesn't matter if you use  dollars or bitcoins to buy drugs, i agree with this one but you can't deny the fact that bitcoin made drug dealers' job much easier. That's the thing which worries people.
legendary
Activity: 2058
Merit: 1030
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It is neither legal nor illegal. It is the so-called gray zone. You can't be 100% sure who and what. And yes there are many who use it in illegal actions. But because they do not belong to anyone, and can't set a law that defines it as illegal or not, is still unknown whether it is eventually or not.

I think bitcoin is still consider it as legal.. we are just hear that many people are investing in bitcoin because they can buy drugs.. or illegal items in darkweb.. they choosen bitcoin because dont need to verify their account and you can use bitcoin easily.. for any transaction their made..
member
Activity: 99
Merit: 10
It is neither legal nor illegal. It is the so-called gray zone. You can't be 100% sure who and what. And yes there are many who use it in illegal actions. But because they do not belong to anyone, and can't set a law that defines it as illegal or not, is still unknown whether it is eventually or not.
legendary
Activity: 3052
Merit: 1281
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i think using of bitcoin is depend on negative and positive people if someone is negative then they will use bitcoin for negative activity and if someone positive then they will use bitcoin for the positive activity so we can not blame the the bitcoin because bitcoin is normal currency.

Yes if people activity that is involved with bitcoin is illegal then bitcoin will be used in illegal activities.  And when people who use bitcoin are in legal actions, these people will avoid using it in illegal activities because they don't want to be sanctioned by the government. As we know Bitcoin as a currency, it can and will be used at medium to conduct people activity, whether it is legal or illegal
full member
Activity: 224
Merit: 100
i think using of bitcoin is depend on negative and positive people if someone is negative then they will use bitcoin for negative activity and if someone positive then they will use bitcoin for the positive activity so we can not blame the the bitcoin because bitcoin is normal currency.
legendary
Activity: 3542
Merit: 1352
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
of course bitcoin have been using for many illegal activities since 2010 by many hacker and illegal organization. However, do not worry about that, many bad guys still use FIAT money for illegal job and no one can prevent them. And now people use bitcoin more usually, the government can not ban bitcoin Smiley

Its been really  used  since it was created because  of its anonymity  and  criminal people would  really like that  because its really hard to trace them  up  with using bitcoin  thats  why its commonly used on  darknet and we should really accept the fact regarding  on this thing and we cant do anything about it.
Mistake, bitcoin is not anonymous is pseudo anonymous, and bitcoins can be easily tracked if you don’t take measures, like using tor and a service that washes coins.

Or, the cheapest way possible to mix your coins and add a layer of confusion to those who eant to track your spending is to deposit it into an exchange and send the coins there. At least, you won't pay a couple more extra to just blur your coins out of the open.
hero member
Activity: 2884
Merit: 794
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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
of course bitcoin have been using for many illegal activities since 2010 by many hacker and illegal organization. However, do not worry about that, many bad guys still use FIAT money for illegal job and no one can prevent them. And now people use bitcoin more usually, the government can not ban bitcoin Smiley

Its been really  used  since it was created because  of its anonymity  and  criminal people would  really like that  because its really hard to trace them  up  with using bitcoin  thats  why its commonly used on  darknet and we should really accept the fact regarding  on this thing and we cant do anything about it.
Mistake, bitcoin is not anonymous is pseudo anonymous, and bitcoins can be easily tracked if you don’t take measures, like using tor and a service that washes coins.
hero member
Activity: 952
Merit: 500
Visa, MasterCard, PayPal, and even fiat all serve as opportunities for criminals as well "everything illegal is done using those, right?", but society keeps them around due to their recognized benefit. so using bitcoin on illegal activities will not harm bitcoin that much.

Exactly, everything that is related to bitcoin or every currency in the world is used for illegal activities and everyone know that but they don't say anything as they are the things they use as well and the ones who are using them illegally are almost anonymous, and if bitcoin is used to illegal activities it would also not make any difference for us as the ones who are doing it are anonymous as well.
yeah, carding is a big example of these . there is always a illegal activities  whether it is any currency . so we should not think that it is a way to make illegal work .
Bitcoin is totally trusted and pure and legit way to make payments .
Carding is just an option but people will prefer to do it online using the internet to transact and the system does not care either you will do illegal activities as you can transact as long as you have available bitcoin in your wallet, we cannot prevent illegal transactions but it would help bitcoin to progress.
hero member
Activity: 966
Merit: 515
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Visa, MasterCard, PayPal, and even fiat all serve as opportunities for criminals as well "everything illegal is done using those, right?", but society keeps them around due to their recognized benefit. so using bitcoin on illegal activities will not harm bitcoin that much.

Exactly, everything that is related to bitcoin or every currency in the world is used for illegal activities and everyone know that but they don't say anything as they are the things they use as well and the ones who are using them illegally are almost anonymous, and if bitcoin is used to illegal activities it would also not make any difference for us as the ones who are doing it are anonymous as well.
yeah, carding is a big example of these . there is always a illegal activities  whether it is any currency . so we should not think that it is a way to make illegal work .
Bitcoin is totally trusted and pure and legit way to make payments .
sr. member
Activity: 672
Merit: 250
Visa, MasterCard, PayPal, and even fiat all serve as opportunities for criminals as well "everything illegal is done using those, right?", but society keeps them around due to their recognized benefit. so using bitcoin on illegal activities will not harm bitcoin that much.

Exactly, everything that is related to bitcoin or every currency in the world is used for illegal activities and everyone know that but they don't say anything as they are the things they use as well and the ones who are using them illegally are almost anonymous, and if bitcoin is used to illegal activities it would also not make any difference for us as the ones who are doing it are anonymous as well.
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