Topic: Is bitcoin being used for illegal activities - page 55. (Read 139758 times)
Hell yes, and you all saw that moron trying to sell illegal 'porn' here the other day. That's the sort of thing that gives bitcoin a black eye, and it's completely undeserved but real. But dark markets would exist anyway, and they always have, without bitcoin. I say screw the dark markets. Won't use them.
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Everyday it is being used in illegal activities. You could see it in twitter and facebook. Those scam site are attracting people then run away after they get what they want.
Well, as such many people use paypal for scamming others and even use it for trading illegal things like drugs and all, so shall we stop using paypal and other e-currency processors ? NO then why even bother if bitcoins are being used for illegal activities.i think bitcoin is being used for illegal and legal activities, but i don't really know. bitcoin is like a knife, its good when good people used it, its bad when bad people used it, so its depend how we want to used it. but i think bitcoin itself a good think in our life.
Some bitcoins are being used for illegal activity like literally every single currency in the world, USD and the like are being used for tons of illegal activity... I don't think that takes any of the value of coins.
Indeed and these scammers are using bitcoins because of the fact that bitcoins are irreversible, so while being irreversible is acting as a bad feature at the same time it has 1000 positive effects because of being irreversible scammers cannot scam innocent too. 
Some bitcoins are being used for illegal activity like literally every single currency in the world, USD and the like are being used for tons of illegal activity... I don't think that takes any of the value of coins.
To be honest i think it is, bitcoin is one of the most ideal currency to do illegal things because its so hard to track it, and the worst thing is some of the people directly judge all of bitcoin user are bad guys, so it has made bitcoin difficult to be developed, and even some people proudly announce that they are using bitcoin for bad thingsHowever, people only see bitcoin with its negative sides although those sides are minor in compare with the benefits of bitcoin. As a result, they think bitcoin users are bad guys too and they don’t want to be like that, which affect bitcoin a lot, so I hope this will change in the future.
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
porn and gambling are illegal in some countries,i also wondering how will goverment reaction if many people use bicoin for that activity,but nything happen with bitcoin,i still trust in bitcoin. 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
That is actually the bad part of bitcoin. They can freely do transactions that cannot be traced. It is not really meant for that but they jusy keep on abusing it for the purpose of making a large amount of money in a faster way.
We will find both types of people in real world some will use it for good and some of them will use it for bad, but the fact is the percentage of using for illegal activities is higher and that creates a negative impression in the minds of people.
For sure since bitcoin is commonly used on deep web or dark net on doing illegal things and it really gives a bad image to bitcoin but this thing is reality and we cant do anything about it or on how to stop it since bitcoin is known for its anonymity thats why its commonly used there.
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
porn and gambling are illegal in some countries,i also wondering how will goverment reaction if many people use bicoin for that activity,but nything happen with bitcoin,i still trust in bitcoin. 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
That is actually the bad part of bitcoin. They can freely do transactions that cannot be traced. It is not really meant for that but they jusy keep on abusing it for the purpose of making a large amount of money in a faster way.
We will find both types of people in real world some will use it for good and some of them will use it for bad, but the fact is the percentage of using for illegal activities is higher and that creates a negative impression in the minds of 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
porn and gambling are illegal in some countries,i also wondering how will goverment reaction if many people use bicoin for that activity,but nything happen with bitcoin,i still trust in bitcoin. 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
That is actually the bad part of bitcoin. They can freely do transactions that cannot be traced. It is not really meant for that but they jusy keep on abusing it for the purpose of making a large amount of money in a faster way.
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
porn and gambling are illegal in some countries,i also wondering how will goverment reaction if many people use bicoin for that activity,but nything happen with bitcoin,i still trust in bitcoin. 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
Off course are bitcoins being used for illegal activities and that is not strange because you dont know who is securing the bitcoin it cant be traced so why would you not do illegal things with it!
In the past Russia banned bitcoin and according to them the reason was it is used for illegal activities, but now it has removed that ban which is a bigger proof that bitcoin is not used for illegal use.
Ofcourse bitcoin is being used for illegal activities if you look around the internet you will see alot of people trying to do illegal things with all kinds of valuta so it's easy to say yes it's being used in a bad way and like this bitcoin gets negative news but people have to realise same stuff happens with fiat so bitcoin is not to blame
Yeah and when it comes to an illegal activities I think the usage of fiat is maximum as people who are not aware about bitcoins yet will deal only with fiat but the issue is that they will never blame fiat for that.
Everyday it is being used in illegal activities. You could see it in twitter and facebook. Those scam site are attracting people then run away after they get what they want.
Well, as such many people use paypal for scamming others and even use it for trading illegal things like drugs and all, so shall we stop using paypal and other e-currency processors ? NO then why even bother if bitcoins are being used for illegal activities.Yes and I think that nowadays bitcoin is used more for illegal activities as it offers privacy to its users and people use it freely as they don't have to disclose their identity.
Anonymity is the main purpose why bitcoin is being used in illegal activities that are happening on dark web which is commonly used on buying drugs and other illegal things. This characteristics is truly an advantage when you do such thing because you would be hardly to be traced by authorities thats why criminals and other bad guys out there sees it as an advantage.
Bitcoin is also used for illegal activities, but dollar and other currencies are also used like that. The governments and bankers try to find a way to ban bitcoins but the truth is they cant since US govt also tried its best to ban bitcoin and it failed
Ofcourse bitcoin is being used for illegal activities if you look around the internet you will see alot of people trying to do illegal things with all kinds of valuta so it's easy to say yes it's being used in a bad way and like this bitcoin gets negative news but people have to realise same stuff happens with fiat so bitcoin is not to blame
I think it depends on user and not on the currency.......
Like you can either use atomic power to power up hospitals or destroy those hospitals........
Similarly Bitcoins are used for good things as well as bad things just like other currencies......
Like you can either use atomic power to power up hospitals or destroy those hospitals........
Similarly Bitcoins are used for good things as well as bad things just like other currencies......
Everyday it is being used in illegal activities. You could see it in twitter and facebook. Those scam site are attracting people then run away after they get what they want.
Well, as such many people use paypal for scamming others and even use it for trading illegal things like drugs and all, so shall we stop using paypal and other e-currency processors ? NO then why even bother if bitcoins are being used for illegal activities.Yes and I think that nowadays bitcoin is used more for illegal activities as it offers privacy to its users and people use it freely as they don't have to disclose their identity.
Everyday it is being used in illegal activities. You could see it in twitter and facebook. Those scam site are attracting people then run away after they get what they want.
Well, as such many people use paypal for scamming others and even use it for trading illegal things like drugs and all, so shall we stop using paypal and other e-currency processors ? NO then why even bother if bitcoins are being used for illegal activities. legendary
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Yes, aside from the mere fact that its a currency, the person transacting it will have anonymity. Thats why there are some online wallets needs id verification in order for you to make big transactions in btc.
online wallets doesn't require you to do verification with your gov document,the example of online wallet is blockchain.info or blocktrailthe one that require verification is an exchanger,when you're going to buy bitcoin there you'll be required to do verification although most of exchanger also having online wallet,but online wallet still can be used even you didn't verify your account for example coinbase or whatever
BTC is money just like other currency so I assume yes but let's concentrate on its good side.
Yes BTC is money. It only matters that, the only person itself who use bitcoin will decide where he/she possible used the bitcoin and it depends for them where to use it, if it is in good way or in an illegal activities. And yes, lets just concentrate to use bitcoin in good ways.
Yeah, I agree with you guys, unfortunately, money will always be used for illegal activities.. but we should use BTC in good ways, good point
There are so many wallets that have a few thousand satoshi in them just sitting there somewhere or lost in nowhere land. The one factor that throws off the curve is the fact that the crimes that it has been used to launder money for or stay anonymous created some very large transactions and that may make an average look wrong.
BTC is money just like other currency so I assume yes but let's concentrate on its good side.
Yes BTC is money. It only matters that, the only person itself who use bitcoin will decide where he/she possible used the bitcoin and it depends for them where to use it, if it is in good way or in an illegal activities. And yes, lets just concentrate to use bitcoin in good ways.
Yeah, I agree with you guys, unfortunately, money will always be used for illegal activities.. but we should use BTC in good ways, good point
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