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Topic: Is bitcoin being used for illegal activities - page 98. (Read 139748 times)

sr. member
Activity: 476
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.
It must be banned buying bitcoin for drugs. I think this one of the causes transaction be prohibited. I ever read an aricle site who selling drugs with bitcoin as payment there is Silk Road, in the United States. Site founded by Ross Ulbricht is apparently more active as a site selling drugs rather than the selling Bitcoin. And Ulbricht finally subjected to legal action and in June 2014 ago and 30,000 BTC were seized from his site.
newbie
Activity: 10
Merit: 0
Maybe in transferring funds..
xht
sr. member
Activity: 462
Merit: 250
hey you, yeah you, fuck you!!!
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.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
Yes, Bitcoin is beeing used for illegal activities since almost the very begining. So what? All other currencies, fiat currencies, are also used for that. Banning things which are used for illegal activities is stupid IMO 'cause you should ban everything then.
hero member
Activity: 1120
Merit: 507
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.
USD, EUR and even Zimbabwean Dollars are also used for crime, any currency that's globally or accepted in a single place has illegal uses as long as there are people (and laws).
sr. member
Activity: 266
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.

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.

It is true that fiat currency and gold are the major transaction for Illegal activiy but as bitcoin is going in fame and politicians and big country particularly USD is getting afraid that Bitcoin can take over the fiat currenc so they are all framing it Bitcoin as illegal activity major source so that they can kill bitcoin. But they dont know that bitcoin is now 50% above in major form and within some year we can see a major breakthrough in bitcoin world.
sr. member
Activity: 406
Merit: 250
Only bitcoin is not used for illegal activities, also the other type of moneys can use for that. In conclution, bitcoin is only a type of money.
sr. member
Activity: 320
Merit: 250
some countries already restricted the use of bitcoin. I foresee it will not go long because bitcoin will go mainsteam one day.
legendary
Activity: 3234
Merit: 1214
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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.

When something gives ease of transaction people move towards it. In the past USD & EURO has been used much as it is known to people widely than bitcoin.
hero member
Activity: 560
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.

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.
well im pretty sure they do care as bitcoin is pretty much untraceable and no one can find out who bought something illegal

besides that in my opinion bitcoin is used for doing illegal stuff really often though i guess that pushes the price a little bit

Well you can trace the all transactions around on adres just cant know who is the person behind it,anyway the silk road showed people were using bitcoin to deals ,soo sure bitcoin and fiat keep being used to this kind of stuffs and there is nothing police can do against.
hero member
Activity: 658
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.

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.
well im pretty sure they do care as bitcoin is pretty much untraceable and no one can find out who bought something illegal

besides that in my opinion bitcoin is used for doing illegal stuff really often though i guess that pushes the price a little bit
hero member
Activity: 854
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.

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.
hero member
Activity: 896
Merit: 1000
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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.
legendary
Activity: 896
Merit: 1000
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.
legendary
Activity: 1512
Merit: 1000
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.
full member
Activity: 210
Merit: 100
We cant focus at the ilegal activities as we dont use ours coins to that,we use at porn,gambling or buying items ,exchanging it to fiat.Bitcoin is already related to the black market that were taked down,but the silk road will keep and well bitcoin offers a trace but with no face or name,soo they will keep using it.
since I used bitcoin. I always hear the bad news about it, many say that bitcoin is always used in illegal transactions. I guess this is why bitcoin be illegal in some countries

in which country is it really illegal? I Keep hearing news on it going to be banned but no official news
legendary
Activity: 2492
Merit: 1001
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We cant focus at the ilegal activities as we dont use ours coins to that,we use at porn,gambling or buying items ,exchanging it to fiat.Bitcoin is already related to the black market that were taked down,but the silk road will keep and well bitcoin offers a trace but with no face or name,soo they will keep using it.
since I used bitcoin. I always hear the bad news about it, many say that bitcoin is always used in illegal transactions. I guess this is why bitcoin be illegal in some countries
full member
Activity: 126
Merit: 100
Yes some people use bitcoin to receive ilegal money from pc hacking.( like Ransomware virus)
I even heard a lot of people sell stuff carding like paypal and credit card payments via bitcoin. because with bitcoin people will not know their data id, etc. very smart
Even though, There are plenty of people selling these and other illegal items for USD and cash, it's still unfair to blame the currency for the acts people using it are doing.
Exactly, it is the fault of the ones using it for illegal activity rather than bitcoin's or general bitcoin population, These people are under the laws of there countries and bitcoin has nothing to do with it more than how money "USD" has a relation to crimes.
full member
Activity: 140
Merit: 100
Yes some people use bitcoin to receive ilegal money from pc hacking.( like Ransomware virus)
I even heard a lot of people sell stuff carding like paypal and credit card payments via bitcoin. because with bitcoin people will not know their data id, etc. very smart
Even though, There are plenty of people selling these and other illegal items for USD and cash, it's still unfair to blame the currency for the acts people using it are doing.
hero member
Activity: 2310
Merit: 532
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All currencies as bitcoin and some altcoins may be used to ilegal activities but in the end fiat will always lead those market as it is the main resorce of that kind of business.

Indeed every currency is used by criminals, so why should we worry about the fact the bitcoin is ued by them also.
Like every currency it has criminals that are using it but that would not become any problem in my eyes.
Exactly. I wouldn't ever hate Bitcoin more or less just because some no good crooks use it.


People who keep pushing that bitcoin is being used in criminal activity have some propaganda behind them,we all know that every money is used by criminals so its normal.
Of course it is used by illegal activities. Because you can easy use Bitcoin to buy some illegal stuff or something.
And people will not know that you bought so it happens also secretly so that is really bad. And it is also becoming more popular.

Bitcoin has been used long for illegal activities. When the acceptance of bitcoin increases gradually the illegal activity usage decreases to some extent.
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