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Topic: Is bitcoin being used for illegal activities - page 99. (Read 139748 times)

sr. member
Activity: 476
Merit: 250
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.
hero member
Activity: 714
Merit: 500
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.
hero member
Activity: 2310
Merit: 532
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Bitcoin usage is high in ransom rather than other illegal activities. It is just for the safety of the person because only the transaction can be tracked but the person can't be identified.
member
Activity: 112
Merit: 10
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.
member
Activity: 70
Merit: 10
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.
sr. member
Activity: 420
Merit: 250
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.
sr. member
Activity: 476
Merit: 250
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.
full member
Activity: 126
Merit: 100
... yeah, but to be honest bitcoin is way less used for doing illegal stuff than fiat ...

Yup. That's because the whole world uses fiat, and just a handful of people use BTC.
So, while most IRL BRC use is criminal, almost no one uses it, so your claim holds true.

OTOH, while more people die from choking than from exploding hand grenades (in US), choking hazard snacks are not regulated (in US), while hand grenades are.
You wanna hazard a guess as to why that is?
hero member
Activity: 658
Merit: 500
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

Anything that has to do with purchasing products and services is something that can be utilized to do illegal work.
yeah, but to be honest bitcoin is way less used for doing illegal stuff than fiat is used for doing illegal activities, i guess thats the point

even though it is not used only for bad things people do not realize that and usually thing that it is a really bad thing that has no benefits
sr. member
Activity: 412
Merit: 251
It's used for more legal activities than not, just like any other asset. Gold, silver, fiat even. Bitcoin isn't special when it comes to illegal activity.
hero member
Activity: 896
Merit: 1000
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Yes its true that that its used for criminal activities, but every currency is used by criminals and other people so what ?
You cannot just limit the currency for someone so he cannot use it, there are with every currency some people that do wrong things with it.

Yes indeed, you are exactly pulling the words out of my mouth, the fact is that all currency's are used for criminal activities.
And if you compare it with the bitcoin is just a low percentage, because the dollar is also used by many criminals...
hero member
Activity: 714
Merit: 500
SkyFall
Yes its true that that its used for criminal activities, but every currency is used by criminals and other people so what ?
You cannot just limit the currency for someone so he cannot use it, there are with every currency some people that do wrong things with it.
newbie
Activity: 42
Merit: 0
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

Anything that has to do with purchasing products and services is something that can be utilized to do illegal work.
sr. member
Activity: 420
Merit: 250
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
legendary
Activity: 2688
Merit: 1065
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No, if you dont believe search deep web transactions..bitcoin was used on the illegal transaction on that site like buying of guns ,drugs or any materials ,hiring of killers anything that is illegal well i thinknyou don't that site .but for you to become safe don't try to browse it anyway .

Of course it's obviously used because bitcoin is money. But to the point that bitcoin is the only used it's a wrong one.

As long as there is money involved, all source will be used for illegal activities such as gold, oil or even salt in the ancient times.
hero member
Activity: 1414
Merit: 505
Backed.Finance
There is 100% chance to using Bitcoin for illegal activities.because its completely anonymous.who knows if IS use Bitcoins for buying explosions!

There are many possibilities as bitcoin is flexible and handy.Bitcoin transaction is completely anonymous especially on dark web where illegal transactions  are rampant.
member
Activity: 98
Merit: 10
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I think it is just the news and the government that is saying it. I don't believe it.

No, if you dont believe search deep web transactions..bitcoin was used on the illegal transaction on that site like buying of guns ,drugs or any materials ,hiring of killers anything that is illegal well i thinknyou don't that site .but for you to become safe don't try to browse it anyway .
newbie
Activity: 54
Merit: 0
I think it is just the news and the government that is saying it. I don't believe it.
Bitcoin is used for a much wider range of activities, including online shopping, investment opportunities, business, etc. it's mainly the desperate ones that stoop so slow.
legendary
Activity: 1596
Merit: 1011
Bitcoin is much used in the dark web. This usage has increased a lot than the past years just due to the secure as well as anonymous nature of transaction.
bitcoin sometimes used for activities that are negative. for anonymous transactions and the ease of access that causes bitcoin bitcoin positive value can sometimes turn out to be negative. depending on the person using it.
legendary
Activity: 1610
Merit: 1183
If something is not used for illegal activities then that's not real money. Im not saying we should be happy to see Bitcoin gets used for illegal activity, but every serious form of money ends up getting used for that too, there's just no scape from that, you have to deal with it and try to a build a better world without destroy people's privacy at the same time. Thought task.
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