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Topic: Is bitcoin being used for illegal activities - page 46. (Read 139746 times)

hero member
Activity: 1008
Merit: 540
Bitcoin being illegal or legal is depend on the person, who use it? anyone can use bitcoin in illegal transaction or legal transaction.
This is true it depends always on the person where he gonna use it if he gonna use it for illegal activities then he always had a choices there if he want to use it to buy some illegal drugs from dark net then he can make some transaction using bitcoin and there are always be a good people who uses bitcoin for legal purposes
legendary
Activity: 3318
Merit: 1133
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They say there are a lot of illegal activities that transacts thru bitcoin but still I havent found any recent news. Yes there have been one but that is from back then and a stupid trade that didnt even done in a mall or with a lot of people. That is why he git robbed.
copper member
Activity: 1218
Merit: 1007
Post your ann & bounty just contact me
No im never using bitcoin as illegal activities.
im using bitcoin for small payment too, for legal activities like buying stuff etc.
hero member
Activity: 490
Merit: 500
bitcoin is decentralization system, so no people can force each transaction must be illegal, each people have diffirent mental and intention, so if he is good man, he will use bitcoin as good man do it, the same situation will be performed by bad guy.
yeah because bitcoin is decentralized so that everyone is free to do anything with their own bitcoin, they are free to use bitcoin for any illegal activities even though, there is no control in bitcoin make bitcoin is easy to use
legendary
Activity: 1960
Merit: 1026
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

Well for me I will never user use bitcoin for illegal matters, ever! though some of the people who had an idea about in bitcoin they used it for a bad habit which is illegal transaction syndicate in any places in the world.

If we are good people, certainly will not be using bitcoin for illegal activity. especially if we are in love with bitcoin, should keep it so as not to be negative news. because if bitcoin is used as these illegal activities will make people hesitate to invest in it.
hero member
Activity: 924
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

Well for me I will never user use bitcoin for illegal matters, ever! though some of the people who had an idea about in bitcoin they used it for a bad habit which is illegal transaction syndicate in any places in the world.
legendary
Activity: 1526
Merit: 1179
Of course bitcoin is used for illegal activities, but so is the US dollar.  All forms of currency can be used for things that are illegal.  I think we need to also look at all of the good things that bitcoin can be used for such as sending money cheaply to other parts of the world.  We also have almost full control over our bitcoin but fiat is controlled by governments and banks.
As with all things in life, do 100 things to help out people, and they won't notice it, make one mistake, and people judge you on that one mistake.

Same goes up with Bitcoin. No matter in how many ways it can help people, people are critical on it for one reason.

It just doesn't make sense. I am fairly sure that the media is part of the problem of why people think like this.
full member
Activity: 168
Merit: 100
Of course bitcoin is used for illegal activities, but so is the US dollar.  All forms of currency can be used for things that are illegal.  I think we need to also look at all of the good things that bitcoin can be used for such as sending money cheaply to other parts of the world.  We also have almost full control over our bitcoin but fiat is controlled by governments and banks.
hero member
Activity: 518
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
Bitcoin has always been used in many illegal purposes. However, it has been more than 7 years since the first block was mined, Bitcoin is getting more and more popular because of its benefit and nobody even care about its dark side
copper member
Activity: 1218
Merit: 1007
Post your ann & bounty just contact me
bitcoin is decentralization system, so no people can force each transaction must be illegal, each people have diffirent mental and intention, so if he is good man, he will use bitcoin as good man do it, the same situation will be performed by bad guy.
legendary
Activity: 1386
Merit: 1020
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If it can be used for good and of course it can inversely be used for bad too.
It is sad to know that but it is true.
Just the holder can make a decisive decision on what they do with it really.
Thats the reality on bitcoin even how we say that bitcoin is very  useful to  us  all users of  it but still there are some disadvantages of  it  when  do bad people would  intend  to use it on  illegal doings and  we cant really stop them ,  bitcoin is anonymouse  and criminals like this  kind  of  features  of bitcoin thats why  its being  used  on this matter.
legendary
Activity: 3318
Merit: 1247
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If it can be used for good and of course it can inversely be used for bad too.
It is sad to know that but it is true.
Just the holder can make a decisive decision on what they do with it really.
legendary
Activity: 1526
Merit: 1001
these days everyone has broad access to bitcoin. many irresponsible people using bitcoin. maybe they are people who can not take advantage of bitcoin as possible.
sr. member
Activity: 406
Merit: 250
Bitcoin will be used for good as well bad things the same way it happens for several years with fiat, soo nothing new here, besides its harder to trace the people who are under the dark marketplaces.

Indeed you are right but I think its logical because every currency is used for some criminal activity these days and we can do nothing about it too.
I think its logical and not bad that it is used for it because we cannot do anything about it, it may even give the bitcoin a boost.
That is already on the decision of a certain user, if bitcoins are used for illegal activities a smart investors would understand that it is just normal for every currency and in fact when it is used it could already help the economy of bitcoin to prosper as the circulation is good, we should just invest instead.

Investing is good for the bitcoin but the fact is that the criminals that are using this for criminal activities will also invest in it so that is a good sign if you ar asking me.
Its maybe not the right way but its also helping the bitcoin on that way so for a part its good for us all.
hero member
Activity: 714
Merit: 531
Bitcoin will be used for good as well bad things the same way it happens for several years with fiat, soo nothing new here, besides its harder to trace the people who are under the dark marketplaces.

Indeed you are right but I think its logical because every currency is used for some criminal activity these days and we can do nothing about it too.
I think its logical and not bad that it is used for it because we cannot do anything about it, it may even give the bitcoin a boost.
That is already on the decision of a certain user, if bitcoins are used for illegal activities a smart investors would understand that it is just normal for every currency and in fact when it is used it could already help the economy of bitcoin to prosper as the circulation is good, we should just invest instead.
Correct it depends on the individuals and i think it is much convincing & safe transaction for illegal users because bitcoin can not required more information of all users before to have bitcoin wallet. We do not please not to do the illegal transaction because it is their decision and wants.
hero member
Activity: 952
Merit: 500
Bitcoin will be used for good as well bad things the same way it happens for several years with fiat, soo nothing new here, besides its harder to trace the people who are under the dark marketplaces.

Indeed you are right but I think its logical because every currency is used for some criminal activity these days and we can do nothing about it too.
I think its logical and not bad that it is used for it because we cannot do anything about it, it may even give the bitcoin a boost.
That is already on the decision of a certain user, if bitcoins are used for illegal activities a smart investors would understand that it is just normal for every currency and in fact when it is used it could already help the economy of bitcoin to prosper as the circulation is good, we should just invest instead.
sr. member
Activity: 266
Merit: 250
Bitcoin will be used for good as well bad things the same way it happens for several years with fiat, soo nothing new here, besides its harder to trace the people who are under the dark marketplaces.

Indeed you are right but I think its logical because every currency is used for some criminal activity these days and we can do nothing about it too.
I think its logical and not bad that it is used for it because we cannot do anything about it, it may even give the bitcoin a boost.
hero member
Activity: 532
Merit: 500
Aw shit, I guess we have to ban cash because it's used for purchasing drugs. :/

To answer your question, they can't do shit.
nope i think not because of it, even the dollar was also used to buy drugs and other illegal things, but the dollar is not banned? bitcoin banned in many countries because of the anonymous nature of which is owned by bitcoin, so that the government can not control the finances of their community
legendary
Activity: 1106
Merit: 1005
yes but so are dollars.

what's the big deal?

anything that can be used as a currency will be used by criminals.

and the most common one is dollars.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Bitcoin is a tool and like any tool it can be used for good or for evil, bitcoin is no different, most people that use bitcoin do so for its characteristics that make it in my opinion the best currency in the world, but there’s no doubt that is going to attract to some people that desire to use for crimes
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