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Topic: Is USD being used for illegal activities? - page 17. (Read 20141 times)

sr. member
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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.
newbie
Activity: 46
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Yes, USD is be used for illegal activities and it is not USD only all of fiat money being used for illegal activities,
for example there are many issues about money laundering,
 it happen on fiat currency not on bitcoin, i don't see issues about money laundering in bitcoin although bitcoin can be used for money laundering with bitcoin mixing service.
because bitcoin anonymous and decentralized so you will not know if the criminals are also using bitcoin to launder their money. they are hidden because aid bitcoin

You can't tell if criminals are using bitcoin to do their illegal activities. But in fact, lets accept that even we know or not, they are already using bitcoin to do their illegal activities because bitcoin is anonymous and they can use it to do illegal transaction because the authorities can't track them down. Bitcoin and USD are both same that being used in illegal activities and we should know that.
He said based on some of the advantages of bitcoin which really helped for the criminal. Every currency will ever be used by the criminal for doing an illegal activity.
Fiat currency is still being the number one about the illegal activities. Because it easy for use and you can use them anywhere. It's not bitcoin fault.

Everything that has value attracts criminals. Therefore, we often hear that they have stolen dollars. Now we will often hear about crimes with cryptocurrency. This is an ordinary life
hero member
Activity: 2996
Merit: 524
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Yes, USD is be used for illegal activities and it is not USD only all of fiat money being used for illegal activities,
for example there are many issues about money laundering,
 it happen on fiat currency not on bitcoin, i don't see issues about money laundering in bitcoin although bitcoin can be used for money laundering with bitcoin mixing service.
because bitcoin anonymous and decentralized so you will not know if the criminals are also using bitcoin to launder their money. they are hidden because aid bitcoin

You can't tell if criminals are using bitcoin to do their illegal activities. But in fact, lets accept that even we know or not, they are already using bitcoin to do their illegal activities because bitcoin is anonymous and they can use it to do illegal transaction because the authorities can't track them down. Bitcoin and USD are both same that being used in illegal activities and we should know that.
He said based on some of the advantages of bitcoin which really helped for the criminal. Every currency will ever be used by the criminal for doing an illegal activity.
Fiat currency is still being the number one about the illegal activities. Because it easy for use and you can use them anywhere. It's not bitcoin fault.
hero member
Activity: 1680
Merit: 535
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Yes, USD is be used for illegal activities and it is not USD only all of fiat money being used for illegal activities,
for example there are many issues about money laundering,
 it happen on fiat currency not on bitcoin, i don't see issues about money laundering in bitcoin although bitcoin can be used for money laundering with bitcoin mixing service.
because bitcoin anonymous and decentralized so you will not know if the criminals are also using bitcoin to launder their money. they are hidden because aid bitcoin

You can't tell if criminals are using bitcoin to do their illegal activities. But in fact, lets accept that even we know or not, they are already using bitcoin to do their illegal activities because bitcoin is anonymous and they can use it to do illegal transaction because the authorities can't track them down. Bitcoin and USD are both same that being used in illegal activities and we should know that.
sr. member
Activity: 476
Merit: 250
Yes, USD is be used for illegal activities and it is not USD only all of fiat money being used for illegal activities,
for example there are many issues about money laundering,
 it happen on fiat currency not on bitcoin, i don't see issues about money laundering in bitcoin although bitcoin can be used for money laundering with bitcoin mixing service.
because bitcoin anonymous and decentralized so you will not know if the criminals are also using bitcoin to launder their money. they are hidden because aid bitcoin
hero member
Activity: 770
Merit: 500
I liked op's question.lol.Not only USD, all fiat currencies are used for illegal activities. In each country, people use their currency for illegal activities. And for international illegal activites, USD is used more . When bitcoin becomes popular, definitely i will be used for illegal activites instead of USD. Not only bitcoin, all cryptocurrencies will be used for this type of things.That's why governments are not legalizing cryptocurrencies.
hero member
Activity: 2702
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Bitcoin is GOD
Yes ofcourse actually USD has the most number of payments in illegal activities like terrorism,prostitution and many other illegal things.No one can stop this scene which is happening since a long time, even the goverment cant eliminate this kind of illegal activities where usd is in
Cash is the perfect instrument for all of that if you think about that is why governments keep trying to eliminate cash from our lives and they have been very successful since most of the money on the planet exists as numbers in a computer instead of existing in the form of cash.
sr. member
Activity: 1666
Merit: 276
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All currency are used in Illegal activities whether it is bitcoin or USD or any other form of money because it is used to buy things so that it used for illegal activities such as gambling, buying drugs and other. As long as it is form of money it can be used into Illegal.
Yeah, every currency is used for illegal activities. The goodness with it is the convenience that each currency provides. On illegal transactions USD is used much and at the early days of cryptocurrencies existence bitcoin was used as a storage token for illegal fund transfer and eventually this got changed when the coins become more potential.
member
Activity: 98
Merit: 10
Not sure this is troll or just serious question, haha.
It is definitely being used by terrorists. It is the most acceptable money in the world.
And yes nothing damages it at all.
I think that this topic was created in retaliation for the subject which refers to the fact that bitcoin due to its anonymity often becomes a mechanism for the financing of terrorism. I agree with you that funding is tied to any currency or precious metals. To pay terrorists even drinking water, lack all Muslim countries and it is possible not bad to earn.
member
Activity: 103
Merit: 10
All currency are used in Illegal activities whether it is bitcoin or USD or any other form of money because it is used to buy things so that it used for illegal activities such as gambling, buying drugs and other. As long as it is form of money it can be used into Illegal.

I agree, and not only USD and Bitcoins, all the currencies of this World which are in the form of black money specially is being used for illegal activities and corruption is as well increasing.

Yes, all currencies and even gold can be used for illegal purposes. As long as there is demand, a proposal will always be created.
legendary
Activity: 2436
Merit: 1362
Not sure this is troll or just serious question, haha.
It is definitely being used by terrorists. It is the most acceptable money in the world.
And yes nothing damages it at all.
sr. member
Activity: 1232
Merit: 250
All currency are used in Illegal activities whether it is bitcoin or USD or any other form of money because it is used to buy things so that it used for illegal activities such as gambling, buying drugs and other. As long as it is form of money it can be used into Illegal.

I agree, and not only USD and Bitcoins, all the currencies of this World which are in the form of black money specially is being used for illegal activities and corruption is as well increasing.
hero member
Activity: 826
Merit: 501
All currency are used in Illegal activities whether it is bitcoin or USD or any other form of money because it is used to buy things so that it used for illegal activities such as gambling, buying drugs and other. As long as it is form of money it can be used into Illegal.
legendary
Activity: 3010
Merit: 1028
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No doubt that USD is being used for illegal activities, if it is not so. Then US doesn't have any prisoners for committing such crimes. And there's no exception of it, as long as it is money, people who are craving for money and riches will use any currency that they wish to use for their illegal activities.
Also the world acceptance of the dollar makes it very attractive for those that want to commit crimes to use it, it does not make much sense to use a currency that only a few have ever heard of, the US dollar is known all around the world.
That's right, a wide acceptance + leaves no traces. Actually, bitcoin or any other altcoins (except those which really have anonymity features instead of pseudo-anonymous) aren't suited well for illegal activities that every traces of transactions will always be saved up inside the blockchain and it's impossible to be deleted. Just still wondering why people here keep on assuming something which is wrong regarding bitcoin's pseudo-anonymity that they said could bring the criminals to a higher level.
hero member
Activity: 518
Merit: 500
Yes, USD is be used for illegal activities and it is not USD only all of fiat money being used for illegal activities,
for example there are many issues about money laundering,
 it happen on fiat currency not on bitcoin, i don't see issues about money laundering in bitcoin although bitcoin can be used for money laundering with bitcoin mixing service.
hero member
Activity: 672
Merit: 500
Yup anyone can use bitcoin and other cryptocurrency as for illigal uses, and nowdays terrorist are also very highly qualified in technically ways so its possible that they are using vryptocurrency for illegal activities.

Yup, anyone can use bitcoin and many other cryptocurrency for illgel purposes, that is a given, but the OP is asking about USD (United States Dollars) being used in illegal activities and not about the digital currency. USD is a global currency and it is, no excuse, obviously is used in illegal activities. As a currency used by the whole world, there are no reason to say that USD is not used in these activities.

Maybe before made post ankit10 didn't understand what thread talking about. Whereas It most important thing before making a post.
Yeah i agree that usd is international currency which many peoples use, it very possible one of peoples use it for illegal activities. Because almost everyone accept and recognize it.
sr. member
Activity: 546
Merit: 257
Yup anyone can use bitcoin and other cryptocurrency as for illigal uses, and nowdays terrorist are also very highly qualified in technically ways so its possible that they are using vryptocurrency for illegal activities.

Yup, anyone can use bitcoin and many other cryptocurrency for illgel purposes, that is a given, but the OP is asking about USD (United States Dollars) being used in illegal activities and not about the digital currency. USD is a global currency and it is, no excuse, obviously is used in illegal activities. As a currency used by the whole world, there are no reason to say that USD is not used in these activities.
hero member
Activity: 574
Merit: 500
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To be fair when you say USD you're referring to physical cash.  Bitcoin allows easier illegal activity online because it's not being overseen by a third party that could be compromised, in the same way that cash transactions are not.  It's not a bad thing that it exists, but it still facilitates illegal activity.
hero member
Activity: 560
Merit: 500
Yes ofcourse actually USD has the most number of payments in illegal activities like terrorism,prostitution and many other illegal things.No one can stop this scene which is happening since a long time, even the goverment cant eliminate this kind of illegal activities where usd is in
full member
Activity: 477
Merit: 100
Yup anyone can use bitcoin and other cryptocurrency as for illigal uses, and nowdays terrorist are also very highly qualified in technically ways so its possible that they are using vryptocurrency for illegal activities.
Not only terorist, even Bitcoin was used to buy drugs in the deep web but fiat is just ever Used For This thing too, so I think it is depend the user if the user is bad people they will use bitcoin for illegal activity but if the user is good people they will use bitcoin for good thing.
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