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Topic: Is USD being used for illegal activities? - page 15. (Read 20141 times)

hero member
Activity: 672
Merit: 500
It could be used in illegal activities. It could even be used in terrorism. They will use the currency for blackmailing or they could hack certain bank website to steal money. Actually, at present, it is the most used currencies for illegal activities. It is always involved. As far as I  remember in my history class, it was the one that was used in Massacre in Gaza, Israel.
sr. member
Activity: 700
Merit: 275
It is anonymous what do you think? It may be used in that way because it leaves no signs of poor as long as it is back tracked like very very seriously. Then also end user can have fake information provided on wallet. There are huge chances of happening these activities and so smoothly that we may never know at what extend it is happening.
newbie
Activity: 26
Merit: 0
I see more and more articles of the USD being used for illegal activities, such as funding of terrorists and unconstitutional, illegal wars, funding of wars that cause severe infringement of civil liberties like /2012/12/06/opinion/branson-end-war-on-drugs/]the war on drugs, among other things. I am pretty sure that when goons smash into convenience stores and steal stuff, then the money they probably steal is USD, which makes it criminal currency. Also, I am pretty sure that the baseball bats that majority of the goons have bought were paid for by the USD.

Also, most people collect rain water, drink raw milk, and throw cannabis seeds in soil, all three acts which are considered serious illegal felonies punishable by seriously expensive fines and extensive jail time, possibly life in prison.

Some people also walk, drive, fish, or hunt without a permit that can easily be bought for in USD.
 
Will this hurt USD in the long run? Will governments ban this just like they started to do with paying in cash for some services to harden the use of illegal activities, and money laundering?

The biggest terrorist organization that manipulates the US Dollar is the Federal Reserve. It is not Federal, it is run by bankers and you pay for it with income tax. It's the biggest scam in the history of mankind. You don't believe me? Watch this.

https://youtu.be/iFDe5kUUyT0

These are the real terrorists. This should be mandatory viewing for every human on the planet. Watch and learn.
hero member
Activity: 588
Merit: 500
I see more and more articles of the USD being used for illegal activities, such as funding of terrorists and unconstitutional, illegal wars, funding of wars that cause severe infringement of civil liberties like the war on drugs, among other things. I am pretty sure that when goons smash into convenience stores and steal stuff, then the money they probably steal is USD, which makes it criminal currency. Also, I am pretty sure that the baseball bats that majority of the goons have bought were paid for by the USD.

Also, most people collect rain water, drink raw milk, and throw cannabis seeds in soil, all three acts which are considered serious illegal felonies punishable by seriously expensive fines and extensive jail time, possibly life in prison.

Some people also walk, drive, fish, or hunt without a permit that can easily be bought for in USD.
 
Will this hurt USD in the long run? Will governments ban this just like they started to do with paying in cash for some services to harden the use of illegal activities, and money laundering?
To judge US dollar in all human sins is just not fare. Yes this currency is accepted over the world, but terrorism, drugs and other illegal activity paid with other currencies as well. And bitcoin takes it's part in this as well. This world is corrupted and the government can easily see all the ways of dollar moves from one bill to another, but they don't do anything, because it's not profitable to them. Everything is rolling around money.
I have heard there is new cryptocurrency which you can't fallow and you can't see where this money is going. I think we have to wait for the new wave of criminal activity.   
hero member
Activity: 2632
Merit: 833
in my point of view, not only USD but also every currency would be used in illegal activities, if it occurs then responsibilities should not be go along with that currency. basically, the culprits are usually using or demanding the native currency.
so it doesn't make any sense.

Yes every currency in the world can be used for illegal activity, however, for me USD is the most accepted currency in the world. Most of these currencies are only used inside their own countries. But let say a dealer from US wants to buy drugs from someone in Mexico, I'm pretty sure that the Mexican drug cartel would rather accept USD as payment rather than that Mexico pesos.
full member
Activity: 155
Merit: 100
in my point of view, not only USD but also every currency would be used in illegal activities, if it occurs then responsibilities should not be go along with that currency. basically, the culprits are usually using or demanding the native currency.
so it doesn't make any sense.
sr. member
Activity: 434
Merit: 250
I see more and more articles of the USD being used for illegal activities, such as funding of terrorists and unconstitutional, illegal wars, funding of wars that cause severe infringement of civil liberties like the war on drugs, among other things. I am pretty sure that when goons smash into convenience stores and steal stuff, then the money they probably steal is USD, which makes it criminal currency. Also, I am pretty sure that the baseball bats that majority of the goons have bought were paid for by the USD.

Also, most people collect rain water, drink raw milk, and throw cannabis seeds in soil, all three acts which are considered serious illegal felonies punishable by seriously expensive fines and extensive jail time, possibly life in prison.

Some people also walk, drive, fish, or hunt without a permit that can easily be bought for in USD.
 
Will this hurt USD in the long run? Will governments ban this just like they started to do with paying in cash for some services to harden the use of illegal activities, and money laundering?

In my opinion its far easy to use BTC for illegal activities rather than the USD, money can be tracked but with the anonymity of bitcoins tracking it will be very hard, kidnappers can demand it for ransom and it can be used to finance terrorism and money laundering as well.
hero member
Activity: 700
Merit: 500
The us gov basically prints money so that we can go to war and all that. If our money was still based on gold we coulent keep doing that. Our ability to wage war would be limited to the actual amount of funds we have.

Then more people would not want to go to war because the money has to be accounted for and is tracked more closely. When you can print money you can go to war whenevr you want. Not good.
sr. member
Activity: 2422
Merit: 343
All of the currencies that are available in the world are always used to do illegal activities because that is how the criminals will earn or have a power to buy something that can help them to be a stronger criminals and i think there is nothing to be surprised because even in the past money is already used for this kind of bad activities.
sr. member
Activity: 308
Merit: 250
I think every kind of money is being used for illegal activities,
Specially bitcoin because it is so easy to use and easy to send from almost all over the world.
sr. member
Activity: 317
Merit: 251
Yes USD is being used for illegal activities, not only USD are being used for illegal activities all legal currencies are being used for illegal activities because people will do what ever they want just to earn a big money. It's very hard to stop people from getting away in illegal activities.
legendary
Activity: 2044
Merit: 1115
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The type of currency is rather irrelevant. Anything that has widespread value can be used to fund illegal activities, and more, should be expected to be doing so. USD, Euro, Yen, btc, gold, diamonds, drugs, etc. The medium is fungible, criminals will be criminals. The currency doesn't make them so.
hero member
Activity: 3080
Merit: 603
Yes ,money is always use in illegal activities,not just only ud but all the currency around the world is used in illegal activities especially in crimes,like killing people.

It's a bias question that USD is the only considered currency that is being used for illegal activities. But the reality is that all currencies are being used for illegal activities because money makes the world go round and criminals need money and there's a lot of ways to exchange it with your local currency.
hero member
Activity: 812
Merit: 500
Yes ,money is always use in illegal activities,not just only ud but all the currency around the world is used in illegal activities especially in crimes,like killing people.
full member
Activity: 233
Merit: 250
All matters relating to money can be used for illegal activities USD and bitcoin jg same, depending on how someone who uses it. It would not be beneficial if we use our money for illegal things better used for charity

Any things that are of great value can be used for illegal purposes, not just money. Bitcoin is much easier to use because it is anonymous.
sr. member
Activity: 910
Merit: 251
Euro is more suitable than USD for illegal activities. Since there are 500euro papers which hold a lotmore value than 100$. To answer your question, of course it is being used for illegal activities. It doesn't make USD guilty. USD is the most common currency around the world, thw most liquid... That's why terrorists choose USD over everything else.

Terrorists can use any currency for illegal activities. It may be be USD, EURO, Pound or even Bitcoins. So what matters most is that system which may caught such activities and most of the under developed countries do not have such a system as yet.

Every currency in each country can be used for illegal activities not only usd of course. And many people also can do any such illegal things whatever country they're belong as long as they can use it. And this can only be stop if each of the nations will give a any by laws about this matter.
full member
Activity: 120
Merit: 100
All matters relating to money can be used for illegal activities USD and bitcoin jg same, depending on how someone who uses it. It would not be beneficial if we use our money for illegal things better used for charity
sr. member
Activity: 454
Merit: 251
Yes indeed and internationally ever country depends on an international currency and that is usd because of exchange rate value and every country it will always a win win and that is most likely more into money laundering it is also use in counterfeiting.
full member
Activity: 252
Merit: 100
I think not only USD is used for illegal but other money can be used illegally,
It is difficult to stop illegal activities using the currency the possibility of everyone wearing it.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
all currency can be used in illegal activities so I think there is nothing new in this,
but I guess bitcoin is more easier to be used in illegal activity.
bitcoin provide anonymous facility for freedom. but also decentralized bitcoin or no controls are set rules on bitcoin. so do not be surprised if many people misuse bitcoin


Yes bitcoin is also used for illegal activities but since USD is the main topic here or should I say as long as there is a good value for transaction it can be used for illegal activities. Since USD is what of the most preferred currency and many are wanting to earn that currency, no doubt that it is being used for illegal activities just like our local currencies.
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