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Topic: Is bitcoin being used for illegal activities - page 73. (Read 139748 times)

sr. member
Activity: 504
Merit: 250
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Bitcoin is used for both legal and illegal activities.
you are most definitely right, in my opinion there is no way to avoid bitcoin being used for illegal activities because it is just like all the money and i think it is impossible to avoid that
hero member
Activity: 658
Merit: 500
yes may be so just like other local currencies.
I think every currency throughout the country are also used as illegal. all currencies are no exception trimmings may not be as complete as bitcoin for use as illegal. But every coin has it. I do not really care too that bitcoin users also use it? ?
hero member
Activity: 907
Merit: 500
Bitcoins are used for illegal activities for sure there are to many people who think that the bitcoin is very save but there are so many criminals using the bitcoin and the main reason why
they are using the bitcoin is only that they cant be traced when they are paying trough the bitcoin.

But still we can see the bitcoin is used for illegal activities in a very minimum amount, a large number of crimes are done in all other currencies, as bitcoin is a currency which is only understood-able by educated people and educated people do not like crimes.

the problem is that our media and government do not spread the news of the benefits of bitcoin and the ways of its earning, and they only spread the news that bitcoin is an easy currency for the criminals and they started to use it, so with that other criminals also try to learn about this currency to use it for their crimes, if the govt try to each the people to earn money with that then there will no any person jobless and so there will be no any crime.
hero member
Activity: 1022
Merit: 521
Bitcoins are used for illegal activities for sure there are to many people who think that the bitcoin is very save but there are so many criminals using the bitcoin and the main reason why
they are using the bitcoin is only that they cant be traced when they are paying trough the bitcoin.

But still we can see the bitcoin is used for illegal activities in a very minimum amount, a large number of crimes are done in all other currencies, as bitcoin is a currency which is only understood-able by educated people and educated people do not like crimes.
legendary
Activity: 3122
Merit: 1398
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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

Bitcoin is money. Every illegal activites that associated in money can also be done in bitcoin.

And no, I see it won't hurt bitcoin in the long run because after all good news about bitcoin still dominates over those bad.

Just deal with it because it's usual.
Off course are criminals using bitcoins and that is not strange because there are allot of people who know that bitcoins cant be traced so the criminals knowing that also. So they are
using the bitcoin to buy all kind of illegal things what ever you can think about.

That post of mine was way back several months ago. There are lots of other up to date post you can reply on.

Your account was just posting once or twice every activity period. Make sure also to make an effort on posting.

Sorry for off topic.
hero member
Activity: 518
Merit: 500
Are dollars used for illegal activities?
i think not only dollar but all other currencies either these are local currencies or crypto currencies, they may be used for both good and bad activities. i think they need is to stop the ill legal activities with out arguing that for what kind of activities the currencies are use for.
yes definitely each associated with money in it will be an act is illegal but I've thought a little bad if bitcoin used for illegal activities can actually help the prices rise because demand will increase.
legendary
Activity: 3136
Merit: 1172
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Are dollars used for illegal activities?
i think not only dollar but all other currencies either these are local currencies or crypto currencies, they may be used for both good and bad activities. i think they need is to stop the ill legal activities with out arguing that for what kind of activities the currencies are use for.

All currencies can be used for illegal activities but cryto-currencies support more illegal activities that the identity of a person doing illegal activity is not disclosed.
sr. member
Activity: 252
Merit: 250
Are dollars used for illegal activities?
i think not only dollar but all other currencies either these are local currencies or crypto currencies, they may be used for both good and bad activities. i think they need is to stop the ill legal activities with out arguing that for what kind of activities the currencies are use for.
legendary
Activity: 888
Merit: 1000
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Are dollars used for illegal activities?
hero member
Activity: 1204
Merit: 500
Bitcoin is used for both legal and illegal activities.
I guess you're right, it is basically bitcoin is a transaction tool, and of course the advantages bitcoin having transactions very fast and very hard on the track to make bitcoin into a transaction tool suitable for illegal transactions, I think people who traffic illegal goods already using it since the first
newbie
Activity: 23
Merit: 0
that's dumb statement, bitcoin is a currency and currency can be used for anything if the user want,just like people do use dollar to buy drugs or anything illegal? its the same like  when you use btc,and about money laundering, its possible to be done through any currency, do you ever saw people buying a very simple painted canvas with only 2 colors like red and blue ? and they bought it for $5 million? do you think its normal or money laundering?

Yes, with exception that governmetns and banks control fiat. And they wont do anything to ban fiat. Why would they? they can print it at will and do whatever they want with it.

They dont control bitcoin, they cant print bitcoin, and they can cheat with bitcoin. This is a reason you see lots of negative press about bitcoin. Banks and gavernments dont want ppl to use it. Thus, the easiest way is just to scare ppl that bitcoin is only used by criminals or it is a scam.
There are allot of people using bitcoins for illegal activities and that is not stranbge because i know that you cant trace bitcoins because there are to many of them and we
never know where he came from because we use wallets not related to our name and other things.
newbie
Activity: 5
Merit: 0
Bitcoin is used for both legal and illegal activities.
member
Activity: 67
Merit: 10
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 is money. Every illegal activites that associated in money can also be done in bitcoin.

And no, I see it won't hurt bitcoin in the long run because after all good news about bitcoin still dominates over those bad.

Just deal with it because it's usual.
Off course are criminals using bitcoins and that is not strange because there are allot of people who know that bitcoins cant be traced so the criminals knowing that also. So they are
using the bitcoin to buy all kind of illegal things what ever you can think about.
sr. member
Activity: 336
Merit: 250
Bitcoins are used for illegal activities for sure there are to many people who think that the bitcoin is very save but there are so many criminals using the bitcoin and the main reason why
they are using the bitcoin is only that they cant be traced when they are paying trough the bitcoin.
full member
Activity: 238
Merit: 100
As said already, every currency is used for illegal and legal purposes. Money is the only source to convert the illegal stuffs to legal stuffs. This is obvious to everyone even to the govt.
sr. member
Activity: 266
Merit: 250
that's dumb statement, bitcoin is a currency and currency can be used for anything if the user want,just like people do use dollar to buy drugs or anything illegal? its the same like  when you use btc,and about money laundering, its possible to be done through any currency, do you ever saw people buying a very simple painted canvas with only 2 colors like red and blue ? and they bought it for $5 million? do you think its normal or money laundering?

Yes, with exception that governmetns and banks control fiat. And they wont do anything to ban fiat. Why would they? they can print it at will and do whatever they want with it.

They dont control bitcoin, they cant print bitcoin, and they can cheat with bitcoin. This is a reason you see lots of negative press about bitcoin. Banks and gavernments dont want ppl to use it. Thus, the easiest way is just to scare ppl that bitcoin is only used by criminals or it is a scam.
Off course is the bitcoin being used
full member
Activity: 196
Merit: 100
If our actual currency is also used for some illegal activities outside the cyberworld so why not use digital currencies to illegal activities on the internet bitcoin is the most used and I guess it is the only digital currency that is used for payment method online so the criminals have choose bitcoin because it is easy to send a payment and its anonymity ..

Bitcoin is technically still not anonymous, it pseudo anonymous. That is, there is no reference to a specific person, rather than about a person using only data address wallet that looks like a text string. However, all transactions recorded in the public blokcheyn and see all the transactions between all the addresses in history. If the fugitive just once admit an association with a particular address, then we will know the face of all transactions of the purse before and after. Cash, such as rubles, dollars or euros is also anonymous, but they do not allow the so-track transaction history.
sr. member
Activity: 1050
Merit: 252
If our actual currency is also used for some illegal activities outside the cyberworld so why not use digital currencies to illegal activities on the internet bitcoin is the most used and I guess it is the only digital currency that is used for payment method online so the criminals have choose bitcoin because it is easy to send a payment and its anonymity ..
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
Yes the bitcoin is used for criminal activities but its not very bad because of the fact that its normal in my eyes.
Every currency all over the world is used by criminals and this will also never change for sure.
of course bitcoin used for illegal activities. but it does not change anything from the bitcoin itself. you could see that the other currencies are also included in this?
but this is can change the people's mind, think bitcoin is not good and teach other people to avoid bitcoin too. maybe it's not change anything from the bitcoin but giving a big impact for a lot of people. especially for the person who want to use bitcoin.
legendary
Activity: 1092
Merit: 1000
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well, it depends on the person who holding bitcoin if he wants to use it for illegal activities. i think the kind of ponzi schemes is already illegal.

Definitely. Bitcoin is there available for all to access for free, as it is an open P2P technology. What people choose to do with their bitcoins however, is entirely up to them.

However, bitcoin is certainly being used for illegal activities, mostly via the deep web.

Not just the deep web.  Even malwares like cryptolockers accepts BTCs as a mode of payment
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