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’t really control who uses bitcoin. Everyone is anonymous and untraceable. Bitcoin just creates another world. I think this why other people also thinks that bitcoin is not good. It is because it’s accessible and can be used by anyone. Luckily this type of forums lessens this type of users by not allowing illegal transactions. 
Topic: Is bitcoin used by criminals ? - page 9. (Read 5047 times)
Unfortuantely yes, they used bitcoin in their fraudulent transactions such as illegal drugs, human trafficking, illegal equipments, crimes and etc. through this the image of bitcoin is quite be ruined by the other people.
We are now enjoying the latest trend in online transaction, it makes our life more easy because of bitcoin we can transfer our money easily. Of course, criminals maybe doing the same thing, even if they are criminals they are still human that can adopt the latest trend.
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.
Bitcoin being a cryptocurrency can be used as a medium of exchange by anyone on the internet but that doesn't make it a tool for criminals. What then can you make of hackers and terrorists using fiat money? The issue is the same. Bitcoin is just serving it purpose as a cryptocurrency. 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.
There is often public misconception that Bitcoin is mostly used by criminals, but nothing could be further from the truth. This is mainly because many people think Bitcoin is anonymous, when in fact it’s the opposite - all Bitcoin transactions are transparent for the whole world to see. People might not be able to link the identity to Bitcoin right away (that is also why it is sometimes called ‘pseudo anonymous’), but once they do, they can track everything you’ve ever done on the Bitcoin network. This makes it a particularly bad tool for illicit use.
in my opinion, Bitcoin digital currency appears as a favorite tool for hackers to pay ransom. The reason is simple to accept Bitcoin anywhere in the world without revealing its identity. For criminals, this makes Bitcoin more interesting than some other systems. 
Yes, most likely bitcoin is used in illegal trades and other probihited transcations that cant be done in banks, because bitcoin is anonymous transaction is hard to trace like who is the sender and the reciever.
Yeah, I think some are using bitcoin in doing illegal activity like drug trade, human trafficking and the like. Crypto currency is also being used by some in doing investment scams wherein they promise that your investment will grow faster. At first they will pay you but when you invest more btc its time for them to run away your money.
The paradox of crypto currency is that the data associated with it create an indelible mark that can suddenly make your financial history public. Since the data of the block is publicly available, Bitcoin's anonymity is more appropriately called pseudonymity. The username is replaced with the crypto currency purse address and until some point it can be considered secure, but as soon as the connection between the name and any used address is established - the whole history of transactions across the entire user address chain becomes open.
I've read an article in which hitmans, trackers, and hackers are payed with Bitcoins, and is also used for illegal transactions especially underneath the surface web. But do keep in mind that this also happens in all types of currencies.
YES, of course. Because all transactions are anonymous and no one can see what is your identity.
Criminals are also aiming bitcoin for their transaction to be safe and easy because bitcoin money can be transferred very fast and less hustle with out worrying that it might be lost.
Criminals are also aiming bitcoin for their transaction to be safe and easy because bitcoin money can be transferred very fast and less hustle with out worrying that it might be lost.
Bitcoin is by far not the best option to pay for such activities. There are many other coins that have a better level of anonymity. Therefore, if bitcoin is used for such purposes, it is by far not the most savvy attackers.
Don't take Bitcoin wrong Bitcoin is just another form of currency nowadays it is the first digital currency. Just like any other currency in the world like credit cards or cash even gold everything is being misused by bad guys. Similarly Bitcoin is also being used heavily on the Dark Side of the internet Bitcoin is being used for each and every transaction In The Deep web network sad but Bitcoin is being used on very dark incidence and by terrorists but that doesn't mean that Bitcoin is bad it is just being used in a bad sense.
Bitcoin is not used by criminals because am not a criminal. Anything good is prone to abuse and fraud and that some people use it for criminal activities does not mean its for such purpose.
all that can indeed happen because, where a thing that can make people rich, then there will also be many crimes.
According to recent studies, less than 1% of transactions in the bitcoin network are associated with illegal activities. The main claim to bitcoin is not drugs and terrorism, but money laundering. But in this sphere the share of bitcoin is negligible.
The main reason why the attackers do not use crypto-currencies is low literacy in this area.
The main reason why the attackers do not use crypto-currencies is low literacy in this area.
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.
Actually Bitcoins used by those people who wants to make money fast... And as we know that Bitcoin is much anonymous so this Bitcoins are used by some bad guys also for the transaction and also in the dark website we can see that there are sold guns credit cards and everything using this Bitcoins only so we can use anything by using the good side also and bad side also.
I'm sure it is just like the dollar but, it is not its main use or purpose of use.
We dont know , but theres a possiblity that bitcoin is use to perform illegal activities. And because of this illegal activities a senator in my country files a bill penalizing the use of cryptocurrency.
Well at the beginning it was used by a lot of criminals. I still do think that many illegal activities happen with bitcoin but not as much as before it became famous.
Criminals and terrorists will use whatever they can have access to. For example they already are using dollars or euro. So we shouldn't think that bitcoin connected with crime.
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