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Topic: Is bitcoin being used for illegal activities - page 43. (Read 139758 times)

sr. member
Activity: 322
Merit: 250
sometime when i take a tour to the deepweb i see most of there sites are accepting bitcoin as payment mode i don't know how kuch of them are scam but most of them accept btc and are illigal even the whole hidden network is actully illigal
legendary
Activity: 2436
Merit: 1008
I just read a few days ago in the local newspapers that police catch drug dealers with a lot of drugs ready for sell.
It seems that they paid for it with Bitcoin.
Such news really can show whole BTC community in negative light.
Yes, it's sad fact but Bitcoin is used for illegal activities.
It's nothing we can do about it.

Is it confirmed that they used bitcoin in buying drugs? Like telling everyone about this in the used of media?   In which country?

All things have it's positive and negative impact.

It happened in Croatia.
I read about it in the newspaper last week.
I think that journalists heard about it at the press conference with the police.
Sorry but I can't find article about it in the English.


Media really annoys me. It's fine if they report like that but somehow they must report too the benefits of using bitcoin.

Anyways up to people if how will they deal in those negative news about bitcoin. An open minded one will never believe easily that bitcoin is mostly used as instrument in illegal activities. It's being used but not mostly used, it's different.
hero member
Activity: 2170
Merit: 530
All people are not good and not bac some people are really using bitcoin into illegal activities for there own sake ,  And for there own safety or weath they using bitcoin in such of buying illegal drugs, fireamrs and many more that bitcoin can really deal with illegal activities.
legendary
Activity: 3374
Merit: 1824
I just read a few days ago in the local newspapers that police catch drug dealers with a lot of drugs ready for sell.
It seems that they paid for it with Bitcoin.
Such news really can show whole BTC community in negative light.
Yes, it's sad fact but Bitcoin is used for illegal activities.
It's nothing we can do about it.

Is it confirmed that they used bitcoin in buying drugs? Like telling everyone about this in the used of media?   In which country?

All things have it's positive and negative impact.

It happened in Croatia.
I read about it in the newspaper last week.
I think that journalists heard about it at the press conference with the police.
Sorry but I can't find article about it in the English.
sr. member
Activity: 434
Merit: 250
I just read a few days ago in the local newspapers that police catch drug dealers with a lot of drugs ready for sell.
It seems that they paid for it with Bitcoin.
Such news really can show whole BTC community in negative light.
Yes, it's sad fact but Bitcoin is used for illegal activities.
It's nothing we can do about it.

Is it confirmed that they used bitcoin in buying drugs? Like telling everyone about this in the used of media?   In which country?

All things have it's positive and negative impact.
sr. member
Activity: 256
Merit: 250
Yes of course its used for criminal activities but I do not mind about this at all because indeed every currency has this so why should we even care..
I think that its not something we should worry about.
legendary
Activity: 3374
Merit: 1824
I just read a few days ago in the local newspapers that police catch drug dealers with a lot of drugs ready for sell.
It seems that they paid for it with Bitcoin.
Such news really can show whole BTC community in negative light.
Yes, it's sad fact but Bitcoin is used for illegal activities.
It's nothing we can do about it.
hero member
Activity: 713
Merit: 501
I think the anonymity privilege that we get from Bitcoins are being abused by those people that does illegal stuffs. Yes, Bitcoin is the main payment in the darkNet that's why it has got it's bad reputation in social media sites.

But, to be honest, I think fiat money is being used in illegal activities even more. The corrupt government are taking away our fiat, and that's a lot of money. Those people that are selling drugs offline, they surely are using fiat when doing a transaction.
legendary
Activity: 896
Merit: 1000
As a matter of fact, Bitcoin is like a fiat. Many people are using it to do their illegal activities which isn't right because they 'd abusing it.
Take note: Every illegal activites that has been connected in money can also be done in bitcoin.

Yeah, of course bitcoin being used for illegal activities, it's like currency. Anything that could be use as payment, can also use for illegal activities. Moreover, bitcoin has advantage as anonymous transaction that can't be tracked and more fast to transfer it. More likely to use as payment to illegal activities.

cash money transactions are also anonymous. but still, people always tend to blame bitcoin for that. i think this will never change. but i think that's mainly due to the fact that bitcoin doesn't have a central authority like fiat has with the government. that's for the average joe a very important thing.
hero member
Activity: 714
Merit: 500
As a matter of fact, Bitcoin is like a fiat. Many people are using it to do their illegal activities which isn't right because they 'd abusing it.
Take note: Every illegal activites that has been connected in money can also be done in bitcoin.

Yeah, of course bitcoin being used for illegal activities, it's like currency. Anything that could be use as payment, can also use for illegal activities. Moreover, bitcoin has advantage as anonymous transaction that can't be tracked and more fast to transfer it. More likely to use as payment to illegal activities.

Indeed most of the transactions carried out in the bitcoin comes from illegal transactions. so this was something bad or negative side of the bitcoin, however if we do not see the positive impact of the bitcoin is much better than its negative impact. Then it will give you an advantage to us
hero member
Activity: 1036
Merit: 514
As a matter of fact, Bitcoin is like a fiat. Many people are using it to do their illegal activities which isn't right because they 'd abusing it.
Take note: Every illegal activites that has been connected in money can also be done in bitcoin.

Yeah, of course bitcoin being used for illegal activities, it's like currency. Anything that could be use as payment, can also use for illegal activities. Moreover, bitcoin has advantage as anonymous transaction that can't be tracked and more fast to transfer it. More likely to use as payment to illegal activities.
legendary
Activity: 2436
Merit: 1008
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

Majority of the member in this industry I know they used their bitcoin for legal purposes including myself of course. Even others are doing something which is not good whether they used it for illegal matters it is their free will to decide what there gonna do to their bitcoin.

Exactly as it is. Bitcoin is not prone for every activity that a users want to do on this currency.

Be it on good or bad, bitcoin really ca be used on both so no way that bitcoin is used also for illegal activities.
hero member
Activity: 1008
Merit: 540
As a matter of fact, Bitcoin is like a fiat. Many people are using it to do their illegal activities which isn't right because they 'd abusing it.
Take note: Every illegal activites that has been connected in money can also be done in bitcoin.

You can compare bitcoin as a fiat because it different fiat you can use that as physical money and it is more reliable than bitcoin , bitcoin now is not accepted in some online store but maybe soon it will be accepted bitcoin is using bitcoin too for illegal activities but not all people.
hero member
Activity: 1092
Merit: 500
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

Majority of the member in this industry I know they used their bitcoin for legal purposes including myself of course. Even others are doing something which is not good whether they used it for illegal matters it is their free will to decide what there gonna do to their bitcoin.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
Yes it is used for criminal activities but this is logical and which currency is not that is also the question ?
I think that we should not really worry about this fact to be honest.
Exactly, if that will be use for illegal activities it would not bitcoin crash, in fact that would help the economy to grow because of the increase of circulation in the market, the more people will be interested in using bitcoin that will be good for us in overall.
hero member
Activity: 778
Merit: 500
Yes it is used for criminal activities but this is logical and which currency is not that is also the question ?
I think that we should not really worry about this fact to be honest.
hero member
Activity: 714
Merit: 531
As a matter of fact, Bitcoin is like a fiat. Many people are using it to do their illegal activities which isn't right because they 'd abusing it.
Take note: Every illegal activites that has been connected in money can also be done in bitcoin.

Agree with you, and also it is hare to trace the person who do the illegal transaction here in bitcoin because we are not giving more information about ourselves and all that will depending on the persons/users of bitcoin. We do not need to do illegal things if we can work legal here in bitcoin.
sr. member
Activity: 350
Merit: 250
As a matter of fact, Bitcoin is like a fiat. Many people are using it to do their illegal activities which isn't right because they 'd abusing it.
Take note: Every illegal activites that has been connected in money can also be done in bitcoin.
legendary
Activity: 1232
Merit: 1091
In short: Yes. It's the unofficial currency of the Dark Web (illegal side of the internet)



Now you're saying exactly the same thing as the media has been saying in the last few years. Bitcoin is the currency of the people. What they do with it as currency is totally up to them, but whatever happens, it's not a dark/deep web currency.
This is why bitcoin still not publish locally because some people considering bitcoin is scam or a darkweb currency using for transaction for illegal activity because of anonymity of this currency.. we can not blame them this is just like the same corrupt in government.. so all are the same..

Well, people can do research about what Bitcoin actually is. If they have done that, then I am quite sure that these people would see Bitcoin completely different. People taking everything the government and the media says for granted are nothing more than sheeps.
hero member
Activity: 630
Merit: 500
It is but so are almost all other currencies throughout the world at some point, no different to the others.
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