of course bitcoin is used for doing illegal stuff with it, im pretty sure that it is one of the main things why people dont want to try using it for their shopping or doin something like that
i hope that this problem will be solved somehow in the future and there will be no doubts in people minds if they should start using bitcoin or not because its the best currency in the world
Topic: Is bitcoin being used for illegal activities - page 91. (Read 139758 times)
Yeah Bitcoin is popular among online criminals and it's a preferred way of getting ransoms for hijacking your computers lately. But I am seeing a lot of companies specializing in Blockchain security and tracking of illicit deals so maybe they can keep up with the criminals and give them some hard time. It's Wild West now out there but countermeasures are being put into place to handle the thefts.
This is also my concern, this is the cause that my friends asked me stop using bitcoin, they said if i used bitcoin its mean i support the criminal and terrorist currency
I knew that some people using bitcoin for criminal but there are still a lot of people used bitcoin for good purpose
I knew that some people using bitcoin for criminal but there are still a lot of people used bitcoin for good purpose
Yeah the fact that you cannot be traced via Bitcoin is making it the ideal place for online criminals. You will never be able to stop all criminals so just do not focus on them.
yeah it would greatly assist criminals in their illegal activities will not be easy in recognizable by making a payment or transaction with bitcoin. that's why government prohibit itYes It does help criminals, but it is not prohibited by the government in the United States, due to part that it was created by the people, and adopted by a large majority.
If it was ever prohibited it would be facing a serious financial problem due to the fact that Bitcoin is tied to so many areas of the economy already.
Yeah the fact that you cannot be traced via Bitcoin is making it the ideal place for online criminals. You will never be able to stop all criminals so just do not focus on them.
yeah it would greatly assist criminals in their illegal activities will not be easy in recognizable by making a payment or transaction with bitcoin. thats why government prohibit it
Actually Bitcoin is being used in all types of illegal ways, First they run it thru a mixer, or multiple wallets, and then run it thru investment type websites or run a website its self. then after the serious mix. It is then distributed to multiple users, then to the final transaction Traceable maybe, but it would take a very long time to figure out exactly who, and what it was used for. think of a spider web with a grass seed stuck in it.
Yeah the fact that you cannot be traced via Bitcoin is making it the ideal place for online criminals. You will never be able to stop all criminals so just do not focus on them.
you are right. many of which utilize the excess bitcoin transactions are fast and difficult to be detected to conduct illegal activities online, and bitcoin price also remained stable as possible for the transaction of the illegal activity 
there are lot of ways to trace BTC and only few way to hide, but this is like fiat, you can hide fiat in much more places then you can "put" your BTC because you can take BTC in yur hands and cannot invest anywhere to laudring... fiat has a very dirt histiry and people use money this "way" everyday... anyway.. 'course you can use btc in illegal acts, but your had to be very clever to don't let ANY trace in the web, because the "spiders" catching this "spots" are pretty much more clever than "normal" people behind desks searching for fiat that are "Invested" in factories, buildings and lot of huge "social" stuffs.
Yeah the fact that you cannot be traced via Bitcoin is making it the ideal place for online criminals. You will never be able to stop all criminals so just do not focus on them.
Everything that has value is used for illegal activities to some extent. Bitcoin is too. Not sure if there´s any more proportion of criminality in that than any fiat. And of course the total value of bitcoins is microscopic compared to fiat currencies so its share in criminality is microscopic as well.
Very well said all currencies not only bitcoin is used for illegal doings as long it has value its still money. It can buy destructive arms and can pay for hoodlums to do bad things. But think of it we should use money for best doings and we should remember that we are humans and make give love humanity dont use bitcoin for illegal doings.
Everything that has value is used for illegal activities to some extent. Bitcoin is too. Not sure if there´s any more proportion of criminality in that than any fiat. And of course the total value of bitcoins is microscopic compared to fiat currencies so its share in criminality is microscopic as well.
Yes, bitoin is used on many illegal activities like buying on the blackmarket sites... Use to buy killer etc..it is widely use in the underground transaction in china.
I'm willing to bet cash is used for 99.9% of all illegal activity. Bitcoin is a drop in the bucket compared to cash.
Maybe some many people used bitcoin to illegal activities, but i hope you taken from positive side of usability bitcoin.
I think you can not tell people to use bitcoin positiv only to act alone dudebitcoin is decentralization. someone who can not intervene in the use of bitcoin.
you're free to do anything using bitcoin.
That's not fair, we are supposed to spread with the positive usage of bitcoin rather than giving description it's usage in the illegal trading and other sectors. Once after being a part of bitcoin, let them learn of their own about the various factors of bitcoin.
Yes of course it is being used for illegal activity. Fiat, gold, diamonds, credit cards, etc. are also used for illegal activity. I don't think it's going to be the cause of Bitcoin's failure.
Maybe some many people used bitcoin to illegal activities, but i hope you taken from positive side of usability bitcoin.
I think you can not tell people to use bitcoin positiv only to act alone dudebitcoin is decentralization. someone who can not intervene in the use of bitcoin.
you're free to do anything using bitcoin.
I think it is only a rumor or maybe sometime in the past it was used, but it is not frequently used, most of the criminals are illiterate and they do not have any knowledge about bitcoin, and if they started to learn about bitcoin they will also learn the ways of its earning which is much easier and not risky, so they may adopt it.
I have also saw that there are not much cases occurred with which it is noted that bitcoin is used for criminal activities, Currently the criminals are much less aware with it, as after France attack, I have never saw that in any case the bitcoin is used.
bitcoin is the payment methode in deep web and there you can find all illegal activities so yes some people use bitcoin like but others use it for life need or just for making money so not all bitcon users use bitcoin for illegal activities.
Well yes bitcoin is famous on the dark/deep web but without bitcoin criminals would use any other online payment option like bitcoin. And remember the dark web is just a fraction of fiat money used by criminals.
bitcoin is the payment methode in deep web and there you can find all illegal activities so yes some people use bitcoin like but others use it for life need or just for making money so not all bitcon users use bitcoin for illegal activities.
I think it is only a rumor or maybe sometime in the past it was used, but it is not frequently used, most of the criminals are illiterate and they do not have any knowledge about bitcoin, and if they started to learn about bitcoin they will also learn the ways of its earning which is much easier and not risky, so they may adopt it.
no,its not rumor,lets see in other case,bitcoin used for gambling,and i believe in some countries gambling is illegal,and this is relize that some countries with illegal gambling there,can't accept bitcoin easily. Jump to: