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Topic: Is bitcoin used by criminals ? - page 51. (Read 5073 times)

newbie
Activity: 119
Merit: 0
January 25, 2018, 10:34:20 AM
I once read an article that says bitcoin is used as a payment transaction for terrorists and hackers. And maybe you guys in this forum also already know it. But here i want to convey my personal opinion in that matter. I think that internet and bitcoin interrelated. Many terrorists and criminals use internet .so also with bitcoin which used perpetrator However, despite all these issues, do people make concrete efforts to ban the internet? No. Not because removing and banning Bitcoin is difficult, but because the internet offers more positive than negative. For the same reason, we have to be more careful about our mindset for Bitcoin, because much evidence has shown that Bitcoin brings many positive, if not more, effects than the internet. Internet and Bitcoin are just devices that 'bad guys' and 'good people'. Fortunately, the world is filled with more people in the 'good people' category.
yes criminals are always there anywhere, so need to be careful for it. I also feel anxious if my bitcoin account is hacked by hackers and I also think not to keep a lot of coins in my account.
newbie
Activity: 67
Merit: 0
January 25, 2018, 10:30:41 AM
I havent heard it but it may be used by criminals. Since it's not a trackable business, it is easy to abuse the platform. You shouldnt think that its not our concern if we feel safe and use this for a better world.
hero member
Activity: 910
Merit: 507
January 25, 2018, 10:28:00 AM
Yes it is ; Because it's safe for them . Cool every criminal always takes advantage of what is around them. Nobody Can locate you if you use bitcoin. You can hide your identity. That's why criminals use this as their payment method Cool
Its a big advantage to them because they can freely move money to criminals without identity. And no one can know them and yes no one can locate them so some criminals used bitcoin as mode of payment.
newbie
Activity: 48
Merit: 0
January 25, 2018, 10:27:53 AM
It can not be said that, because bitcoin as a crypto currency is needed nowadays, there is no evidence of hackers or terrorists using bitcoin for money laundering, let alone terrorists or other crimes have their own way to wash their money
sr. member
Activity: 700
Merit: 260
January 25, 2018, 10:27:21 AM
I once read an article that says bitcoin is used as a payment transaction for terrorists and hackers. And maybe you guys in this forum also already know it. But here i want to convey my personal opinion in that matter. I think that internet and bitcoin interrelated. Many terrorists and criminals use internet .so also with bitcoin which used perpetrator However, despite all these issues, do people make concrete efforts to ban the internet? No. Not because removing and banning Bitcoin is difficult, but because the internet offers more positive than negative. For the same reason, we have to be more careful about our mindset for Bitcoin, because much evidence has shown that Bitcoin brings many positive, if not more, effects than the internet. Internet and Bitcoin are just devices that 'bad guys' and 'good people'. Fortunately, the world is filled with more people in the 'good people' category.

Well considering the features of bitcoin it can be really used by criminals.  But they are criminals so even if just using paper money they will do everything just to have an instant money.  Bitcoin features are truly loved by criminals since it does not require other information, only wallet address.
Well, with or without bitcoin criminals can not be eliminated, they are just having their own strategy on what to do for them to easily earn money by not knowing by the Police, as we all know bitcoin is an anonymous, no one knows this certain btc address is, even the government don't have the access how much bitcoin you have in your wallet or even know if you have one.
im agreed... bitcoin as likes silence currency... thats way criminals took that for money laundry or many others bad purpose.
I am pretty sure if in future bitcoin and related currency still bring positive effect for the world, world with freedoom currency.
newbie
Activity: 28
Merit: 0
January 25, 2018, 10:22:13 AM
Yes it is ; Because it's safe for them . Cool every criminal always takes advantage of what is around them. Nobody Can locate you if you use bitcoin. You can hide your identity. That's why criminals use this as their payment method Cool
sr. member
Activity: 364
Merit: 267
January 25, 2018, 10:14:41 AM
Criminals can use anything in the world, this may be USD, EUR, RUB, CNY, JPY, anything in other word. There is no need to mention BTC for criminal activity and other bad purposes here.
I also think it is not bitcoin's fault if criminals are using it. Bitcoin has many advantages which is beneficial to its users and criminals make use of this. They take this as an opportunity to make their plans work. Criminals will always be criminals no matter the platform they are using.
full member
Activity: 504
Merit: 101
January 25, 2018, 10:05:46 AM
I once read an article that says bitcoin is used as a payment transaction for terrorists and hackers. And maybe you guys in this forum also already know it. But here i want to convey my personal opinion in that matter. I think that internet and bitcoin interrelated. Many terrorists and criminals use internet .so also with bitcoin which used perpetrator However, despite all these issues, do people make concrete efforts to ban the internet? No. Not because removing and banning Bitcoin is difficult, but because the internet offers more positive than negative. For the same reason, we have to be more careful about our mindset for Bitcoin, because much evidence has shown that Bitcoin brings many positive, if not more, effects than the internet. Internet and Bitcoin are just devices that 'bad guys' and 'good people'. Fortunately, the world is filled with more people in the 'good people' category.

Well considering the features of bitcoin it can be really used by criminals.  But they are criminals so even if just using paper money they will do everything just to have an instant money.  Bitcoin features are truly loved by criminals since it does not require other information, only wallet address.
Well, with or without bitcoin criminals can not be eliminated, they are just having their own strategy on what to do for them to easily earn money by not knowing by the Police, as we all know bitcoin is an anonymous, no one knows this certain btc address is, even the government don't have the access how much bitcoin you have in your wallet or even know if you have one.
hero member
Activity: 994
Merit: 544
January 25, 2018, 09:55:43 AM
I once read an article that says bitcoin is used as a payment transaction for terrorists and hackers. And maybe you guys in this forum also already know it. But here i want to convey my personal opinion in that matter. I think that internet and bitcoin interrelated. Many terrorists and criminals use internet .so also with bitcoin which used perpetrator However, despite all these issues, do people make concrete efforts to ban the internet? No. Not because removing and banning Bitcoin is difficult, but because the internet offers more positive than negative. For the same reason, we have to be more careful about our mindset for Bitcoin, because much evidence has shown that Bitcoin brings many positive, if not more, effects than the internet. Internet and Bitcoin are just devices that 'bad guys' and 'good people'. Fortunately, the world is filled with more people in the 'good people' category.

Well considering the features of bitcoin it can be really used by criminals.  But they are criminals so even if just using paper money they will do everything just to have an instant money.  Bitcoin features are truly loved by criminals since it does not require other information, only wallet address.
newbie
Activity: 51
Merit: 0
January 25, 2018, 09:55:24 AM
Due to its value and popularity, many criminals was engaged to used bitcoin as an online payment. Bitcoins may be challenging to track because of its  decentralized system and no paperworks required, so criminals can do some illegal transactions.
For these reasons, we should all be very careful in how we think about Bitcoin, because most evidence suggests Bitcoin to have the same net positive effect, if not more, than the internet. Both the internet and Bitcoin are tools that can be used by the ‘bad guys’ or the ‘good guys’, and thankfully most of the world are in the latter category.
full member
Activity: 168
Merit: 101
January 25, 2018, 09:47:46 AM
Yes, bitcoin is sometimes used by criminals especially by those inclined in the crime of kidnapping and then asking for ransoms. Because it was nearly impossible to trace the user and it's overall security that it gives. moreover, bitcoin has been the main target of internet hackers in the past few years mainly because of its high monetary value.
member
Activity: 392
Merit: 11
January 25, 2018, 09:46:39 AM
I think bitcoin is also used by criminals and terrorists as a payment for their illegal actions but they can not do anything about money too. And by using bitcoin their transactions are safer since detecting any government agency so you can say that bitcoin is by their side more.
hero member
Activity: 1190
Merit: 534
January 25, 2018, 09:40:28 AM
Banning bitcoin is not logical answer to the issues like misuse of it. Criminals also use regular fiat currency for their transactions but government never banned it. Transformation and up-gradation of the entire process is a viable solution in my opinion. Even if criminals are using cryptocurrencies, at some point there must be fiat used somewhere so it is not difficult to hunt down such folks.

* A woman from New York could spend 90 years in prison for allegedly sending bitcoin to ISIS.
member
Activity: 163
Merit: 10
January 25, 2018, 09:37:49 AM
I once read an article that says bitcoin is used as a payment transaction for terrorists and hackers. And maybe you guys in this forum also already know it. But here i want to convey my personal opinion in that matter. I think that internet and bitcoin interrelated. Many terrorists and criminals use internet .so also with bitcoin which used perpetrator However, despite all these issues, do people make concrete efforts to ban the internet? No. Not because removing and banning Bitcoin is difficult, but because the internet offers more positive than negative. For the same reason, we have to be more careful about our mindset for Bitcoin, because much evidence has shown that Bitcoin brings many positive, if not more, effects than the internet. Internet and Bitcoin are just devices that 'bad guys' and 'good people'. Fortunately, the world is filled with more people in the 'good people' category.
Yeah, you are right. Bitcoin have been used in any transaction online that can be legal or an illegal; terrorism, pornography, and hackers. Also I saw it too with my eyes watch.
member
Activity: 518
Merit: 11
HODL
January 25, 2018, 09:34:55 AM
The bitcoin we know is the current digital electronic currency in the world of bitcoin used by many people including offenders who still have the democratic right to participate in bitcoin. I still believe there are a lot of good people out there who are using bitcoin to help their families financially, especially the opportunity to make money and the opportunity to take an investment.
full member
Activity: 406
Merit: 100
January 25, 2018, 09:31:53 AM
Although bitcoin can be used by anyone including bad guys, to be used to save the proceeds from corruption or for terrorist financing, I think they will rethink to store their crime results in bitcoin, because bitcoin prices can go up and down no one can predict, if the price bitcoin down very low will harm them.
newbie
Activity: 182
Merit: 0
January 25, 2018, 09:29:10 AM
It is believed that BTC has been a good way for drug dealers, fraudsters and the lots to do transactions. Which is why it is also a threat to some government and countries.

But thats what life is all about..... There will always be the negative vibes to a larger quota of \good and Positivity.


Use BTC for legit means, i would advise so the coming ones will not always think of BTC as negative
member
Activity: 120
Merit: 14
January 25, 2018, 09:24:57 AM
Bitcoin is also just like fiat money in terms of usage and who uses it. Fiat money is also used by criminals and terrorists as payment for their illegal doings but they can't do anything about fiat money too. That's the same with bitcoin and in bitcoin, their transactions are more safer from the detection of any government agencies so you can say that bitcoin is on more on their side.
full member
Activity: 395
Merit: 100
January 25, 2018, 09:23:18 AM
How could one say that bitcoins are used by criminals, there is cyber crime that is a different thought on the internet and not criminals on bitcoins because one of the main advantage of bitcoin is that bitcoin cannot be duplicated which is possible with fiat currencies and so this bitcoins can avoid criminal activities, other thing is about hackers, hackers can even hack normal banking functions as every transactions and databases are recorded in the system will be transferred online to the head office which makes it easy for hackers. Bitcoin cannot be hacked if you are using hardware wallets and if you want to be hacked you can store your bitcoins on online wallets.
full member
Activity: 249
Merit: 100
January 25, 2018, 09:17:47 AM
Criminals can use anything in the world, this may be USD, EUR, RUB, CNY, JPY, anything in other word. There is no need to mention BTC for criminal activity and other bad purposes here.
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