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Topic: Is bitcoin being used for illegal activities - page 97. (Read 139748 times)

legendary
Activity: 1512
Merit: 1012
Politics are illegal activities.
War is illegal activity.

Bitcoin ? It is NOT.



Proof : https://www.youtube.com/watch?v=joITmEr4SjY
hero member
Activity: 658
Merit: 500
Bitcoin since it appears and after the silk road business were just conected to ilegal activities ,but fiat has being used for the same thing.

People said about gold as well being used for illegal activities like drug smuggling and so on but since gold is a legal commodity, such articles are ignored while bitcoins only suffer as they are not regulated by the Government.
Till the Government doesn't find a solution to this, we shouldn't lose hope and continue promoting bitcoins on our blogs or on other forums.
thats true, all currencies have had and will always have troubles when it comes to illegal activities

i hope that people will not think that its only used for that and that they will use it more often
hero member
Activity: 644
Merit: 500
Bitcoin since it appears and after the silk road business were just conected to ilegal activities ,but fiat has being used for the same thing.

People said about gold as well being used for illegal activities like drug smuggling and so on but since gold is a legal commodity, such articles are ignored while bitcoins only suffer as they are not regulated by the Government.
Till the Government doesn't find a solution to this, we shouldn't lose hope and continue promoting bitcoins on our blogs or on other forums.
hero member
Activity: 770
Merit: 500
Bitcoin since it appears and after the silk road business were just conected to ilegal activities ,but fiat has being used for the same thing.
yeah, to be honest fiat is more often used for illegal stuff than bitcoins is if you check all the statistics

in my opinion it is used and will be used for doing illegal activities and we can not escape it
legendary
Activity: 2912
Merit: 1068
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Bitcoin since it appears and after the silk road business were just conected to ilegal activities ,but fiat has being used for the same thing.

Exactly. Criminals are easy in accepting Bitcoin, it gives them anonimity and good opportunity for money laundering. There are also some informations that Bitcon is used for financing terrorist activities, but still all this doesn't make Bitcoin a "criminal currency".
sr. member
Activity: 476
Merit: 250
Bitcoin since it appears and after the silk road business were just conected to ilegal activities ,but fiat has being used for the same thing.
full member
Activity: 154
Merit: 100
Well 99,99% of the illegal activities are using USD and the other fiat but wait the problem is with bitcoin that participated with the 0,01%... Ridiculous... And imo tracing btc is easier than tracing the fiat used in these activities (not for the rest)

By your logic, since auto accident fatalities in US are 99.9% more common than deaths by exploding hand grenades, hand grenades are safer than cars.
legendary
Activity: 3178
Merit: 1140
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Well 99,99% of the illegal activities are using USD and the other fiat but wait the problem is with bitcoin that participated with the 0,01%... Ridiculous... And imo tracing btc is easier than tracing the fiat used in these activities (not for the rest)
hero member
Activity: 994
Merit: 500
Yes of course it is used for illegal activities but witch currency is not used by the, you can ask you that question in your head...
I think almost every currency is used by criminals so I do not see any problems because of that.
legendary
Activity: 1652
Merit: 1057
Of course it is used for criminal activities but do you consider this as a real problem, I do not because the world is full of criminals and they are all using a currency to launder the black-money so no one can do something about that fact.
It does not matter in what year we will be it always be like this even in the future in about 30 years.
Yes I agree the criminals are everywhere and they are using every possible means not only just the bitcoin.
So far they are dealing with the dollars and gold, but in the digital world they may turn into bitcoin. Nothing new.
hero member
Activity: 742
Merit: 500
Bitcoin is widely used by darknet, there are a lot of press against it, considering it as the nr 4 most profitable illegal activity in the world. I don't think I will stop using it just because of that.

People still using all currencies for legal and illegal activities right now.
We can't simply accuse just Bitcoin for this while the scammers and criminals worldwide still using fiat and cash a lot more than using Bitcoin.
legendary
Activity: 2996
Merit: 1132
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Everything can be used for illegal transactions. Probably USD in the form of cash is still the most used tool for illegal activities. I guess EUR is the second.

probably? nothing in the world can come even close to what damage has been done with the us dollar. bitcoin in the coming 10 years won't come even close to 1% of that. and still the media is blaming bitcoin for terrorists attacking airports and so on. it's not bitcoin that's being used for that. look at cash money, gold, artwork, and the list goes on. everything with value from money to a car can be used to finance terrorists.
Yes. The legal activities are historical events and still continues. So bitcoin has nothing to do with it and it is not new thing to happen only because of bitcoin. Illegal activities are most common when technology gets boom.
copper member
Activity: 1442
Merit: 529
Bitcoin is widely used by darknet, there are a lot of press against it, considering it as the nr 4 most profitable illegal activity in the world. I don't think I will stop using it just because of that.
sr. member
Activity: 420
Merit: 250
Everything can be used for illegal transactions. Probably USD in the form of cash is still the most used tool for illegal activities. I guess EUR is the second.

I am talking about it here for a long time. I really like that smbd thining like me Grin
Criminals don't care what to use bitcoin or dollars only profit make sens.
I think he already calculating profits they need confidentiality, security and anonymous they would prefer cash rather than a bank or use online. That's all I know
hero member
Activity: 518
Merit: 500
yes maybe because the media give negative side to bitcoin like bitcoin are use for drug,porn and gambling and all of that is illegal in some countries.

Because of that media,  good things can be shown as a bad things too. I think big banks force them to announce that, bitcoin is the most important part of this illegal things. But the fact is banks will loose their incomes if so many people will use bitcoin.
No sense theory, banks would never worry about bitcoin. Even banks would welcoming bitcoin technology to be implemented to banking system.
But so far banks just ignore anything about bitcoin. The things make people know bitcoin used for illegal activities are in darknet market place there many transaction using bitcoin like for assassination services, buying and selling drugs etc.
sr. member
Activity: 406
Merit: 250
yes maybe because the media give negative side to bitcoin like bitcoin are use for drug,porn and gambling and all of that is illegal in some countries.

Because of that media,  good things can be shown as a bad things too. I think big banks force them to announce that, bitcoin is the most important part of this illegal things. But the fact is banks will loose their incomes if so many people will use bitcoin.
hero member
Activity: 2310
Merit: 532
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Everything can be used for illegal transactions. Probably USD in the form of cash is still the most used tool for illegal activities. I guess EUR is the second.
yeah agree we can draw the conclusion that every currency is worth of course there is a mafia they conduct illegal activities. was reasonable in any currency so if you find on bitcoin it is reasonable
Every currency is used for illegal activities. No currency in this world is clean. Even bitcoin is dirty as well.

That's true. Every currency has various regulations but this has been overcome by users to make use in illegal activities. Even if certain regulations were formed for the bitcoin use it won't stop usage of bitcoin in illegal activities.
full member
Activity: 224
Merit: 100
Everything can be used for illegal transactions. Probably USD in the form of cash is still the most used tool for illegal activities. I guess EUR is the second.
yeah agree we can draw the conclusion that every currency is worth of course there is a mafia they conduct illegal activities. was reasonable in any currency so if you find on bitcoin it is reasonable
Every currency is used for illegal activities. No currency in this world is clean. Even bitcoin is dirty as well.
hero member
Activity: 518
Merit: 500
Everything can be used for illegal transactions. Probably USD in the form of cash is still the most used tool for illegal activities. I guess EUR is the second.
yeah agree we can draw the conclusion that every currency is worth of course there is a mafia they conduct illegal activities. was reasonable in any currency so if you find on bitcoin it is reasonable
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
Maybe in transferring funds..

That's how I exactly think the very common thing the criminals would do..transferring funds and paying someone to accomplish  something illegal jobs and probably illegal items..
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