Topic: Is bitcoin used by criminals ? - page 60. (Read 5073 times)
As far as I know, bitcoins nowadays are just used to make huge money transfers instead laundering the money illegally. With bitcoins being anonymous to most of its users, then big money launderers can use bitcoins to safely transfer huge wads of money to crime syndicates all ovet the world.
if criminals are educated they may be use the bitcoin
Yes it is. Bitcoin is really used in some illegal activities especially in transactions in illegal websites. They are using bitcoin as payment and it really works so well for them because transactions using bitcoin are untracable and users will be anonymous.
Bitcoin is not handling by the any government,it is decentralized.anyone can use the bitcoin.bitcoin can used by criminals and terrorists.
now bitcoin has been used for crime and criminals are also always looking for ways to do the action by taking advantage of its victims
Bitcoin is decentralized currency,it is good for online transactions.bitcoin transactions can do with anonymous names,criminals,scammers also use the bitcoin.number of porn sites,betting sites,drugs also using bitcoin for their transactions.this is really bad issue.
Of course it is, as is the USD, GBP etc. Pablo Escobar made in the region of US $21.9 billion a year in personal income, does that make the USD bad?
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.
We can leave the possibility that bitcoin can be used into crimes and illegal works.Bitcoin is still a currency and currencies or money are one of the most used material in doing crimes and illegal works. 
I think so. Criminals will do everything just to earn money. And bitcoin can be used by everybody. And on the internet there arw alot of criminals that are roaming around. Waiting for a people to victim.
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.
so far I have not been told that bitcoin has been used for terrorism but I know that some people commit bitcoin because of scammers and hackers and money laundering law, but not everyone is using crime, as there are also it's good for our future because it has a wealth of thought and financial needs
Good afternoon. Indeed, the Crypto-currency is used to pay for prohibited drugs, weapons, as well as payment for hacker services. If you download the Internet browser Tor, you can get into the dark net and see everything with your own eyes.
The same way traditional money is used by everyone including criminals is the same way bitcoin can be used by everyone.
Criminals still need to somehow transfer Bitcoin to Fiat for their needs. They will translate into real accounts that can be tracked.
Yes of course. Not only Bit coins but also any crypto coins are decentralized. No central authority. Can't control governments and no rules. So anyone can use it for illigal purposes. for an example in 2017 most of the computer in the world hacked by ransomeware. hackers use Bit coin for payments. So Bit coin easy to use criminals
Unfortunately this is the case. This is a shortcoming of bitcoin. Criminals use it to launder money and Finance terrorism. Cryptocurrency has become the payment method of prostitution and drug dealers. It can help to pay for the services of hit men or black transplant. It is known that Ukraine was the first country in the world which bitcoins were paying voters. People who were connected with the election to convert the bitcoin UAH and bought votes.
Of course criminals use crypto due to its anonymity. Any transaction with regular debit or credit cards can be monitored and controlled by banks and government. Using cash also has some disadvantages. Thus it's obvious that most transactions between drug dealers and gun traders and others are done with crypto.
It would be pretty logical for them to use bitcoin, what other choice do they have? It doesn't necessarily has to be BTC, we are talking about all cryptocurrencies, that allow to make anonymous transactions. And I personally know people, who use bitcoin to transfer money for some drug deals.
Is the USD used by criminals?
Is the EUR used by Criminals?
Is the (Put currency here) used by criminals?
Whell... I think that this response is self explanatory.
Is the EUR used by Criminals?
Is the (Put currency here) used by criminals?
Whell... I think that this response is self explanatory.
Bitcoin is decentralized currency,anyone can use it.terrorists and hackers also may use the bitcoin.bitcoin transactions are anonymous,so here chances of using bad people aslo.
To me it is like ""just the other side of the coin"". Everything has both good and a bad side. Bitcoin also have both. You informed that it is used by only the terrorist but don't money is also use by the terrorist?? Bitcoin is a profitable currently whose value is increasing day by day rather minute by minute. So it also attract the terrorist. When note was introduced instead of coin then similar kind of some news was spreaded. I'm not declined that it isn't used by the terrorist, I just want to say that whether it is used by terrorist or not that doesn't give us headache. It's not any of our concern. Which has good side must have a bad side also alternatively a bad side also somehow must has a good side.
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