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Topic: Is USD being used for illegal activities? - page 19. (Read 20162 times)

hero member
Activity: 952
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USD really is being used for illegal activities but rather I will say that money is being used for illegal activities. You cannot say that only USD is being used for illegal activities because all currency can be used to buy illegal things and do illegal acts, all can be used in bribing and in doing bad deeds after all money is the root of all evil. On those illegal activities the main purpose I think is to get more money so all currency is being used for illegal activities.
i think we can not blame USD because any currency can be used for illegal or legal activity we can blame it because it all depend on people if we are positive we should be use our money for legal and if we are negative then we will be use it for illegal activity.
hero member
Activity: 2814
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Bitcoin is GOD
Thats not the fault of USD. Every country has its own currency which is used by the local terrorist, smugglers I mean bad people,thats not the problem of the currency thats the problem of the system. Yes USD is widely used so terrorist or criminals gonna like it for sure.
Also the US Dollar is the most used in crimes simply because is the most accepted currency worldwide, so criminals prefer to use it since it is easier to convert it to their local currencies so they can make use of that money or they can use the dollars directly since as I have said they can use it all around the world for nefarious purposes.

If the crime that you've committed gives you dollars, then you've probably did the crime in a USD based country. It will raise suspicious if you move to another place with all these money all of a sudden. Some agency will ask you how did you get all these money and can even become a case of money laundering. That's why it will be much better for you to use the money in the place/country where you got it. Or just convert it to bitcoins first, and no one will know.
Not really, there are many dollars around the world since it is the unofficial world currency and also because the US imports a lot of products and they pay with dollars and also there are a lot of dollar in countries that receive a lot of American tourists.
hero member
Activity: 588
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Thats not the fault of USD. Every country has its own currency which is used by the local terrorist, smugglers I mean bad people,thats not the problem of the currency thats the problem of the system. Yes USD is widely used so terrorist or criminals gonna like it for sure.
Also the US Dollar is the most used in crimes simply because is the most accepted currency worldwide, so criminals prefer to use it since it is easier to convert it to their local currencies so they can make use of that money or they can use the dollars directly since as I have said they can use it all around the world for nefarious purposes.

If the crime that you've committed gives you dollars, then you've probably did the crime in a USD based country. It will raise suspicious if you move to another place with all these money all of a sudden. Some agency will ask you how did you get all these money and can even become a case of money laundering. That's why it will be much better for you to use the money in the place/country where you got it. Or just convert it to bitcoins first, and no one will know.
hero member
Activity: 1190
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USD is used much for illegal transactions than bitcoin as people are not much aware of bitcoin and it's easy of accessing for illegal activities. Bitcoin now getting used in more illegal needs by experts and hackers who demand ransom in terms of bitcoin.
I've never heard of someone being held kidnap that requesting bitcoin as ransom. Bitcoins are most likely being used in illegal ways on Deepweb such as buying drugs, guns, etc. But regarding about killing and kidnapping there, it mostly not being requested due to high payment required for those kind of things. And maybe scamming too. By the way, i think if bitcoin has been used on illegal ways then it reflect too on USD in such a way that they're exchanging bitcoin into fiat money.

The illegal activities using Bitcoins do it because it's easier to cheat the law forces, as it's decentralized and not controled by anyone. But surely after they finish their illegal deals, they convert the BTCs to dollar, as they need fiat to buy most things on the world. Bitcoin is a good "middleman" for the thieves, that is unfortunatelly true... On the another hand Bitcoin helps honest people a lot also.
jr. member
Activity: 58
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I have no doubt that it is being widely used for such purposes, and obviously on a larger scale compared to Bitcoin. It will be difficult for you to find people willing to accept Bitcoin for illicit activities.
hero member
Activity: 1498
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USD is used much for illegal transactions than bitcoin as people are not much aware of bitcoin and it's easy of accessing for illegal activities. Bitcoin now getting used in more illegal needs by experts and hackers who demand ransom in terms of bitcoin.
I've never heard of someone being held kidnap that requesting bitcoin as ransom. Bitcoins are most likely being used in illegal ways on Deepweb such as buying drugs, guns, etc. But regarding about killing and kidnapping there, it mostly not being requested due to high payment required for those kind of things. And maybe scamming too. By the way, i think if bitcoin has been used on illegal ways then it reflect too on USD in such a way that they're exchanging bitcoin into fiat money.
legendary
Activity: 3234
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USD is used much for illegal transactions than bitcoin as people are not much aware of bitcoin and it's easy of accessing for illegal activities. Bitcoin now getting used in more illegal needs by experts and hackers who demand ransom in terms of bitcoin. These days few altcoins too have got acceptance in the black market.
hero member
Activity: 2814
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Bitcoin is GOD
Thats not the fault of USD. Every country has its own currency which is used by the local terrorist, smugglers I mean bad people,thats not the problem of the currency thats the problem of the system. Yes USD is widely used so terrorist or criminals gonna like it for sure.
Also the US Dollar is the most used in crimes simply because is the most accepted currency worldwide, so criminals prefer to use it since it is easier to convert it to their local currencies so they can make use of that money or they can use the dollars directly since as I have said they can use it all around the world for nefarious purposes.
legendary
Activity: 3346
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USD really is being used for illegal activities but rather I will say that money is being used for illegal activities. You cannot say that only USD is being used for illegal activities because all currency can be used to buy illegal things and do illegal acts, all can be used in bribing and in doing bad deeds after all money is the root of all evil. On those illegal activities the main purpose I think is to get more money so all currency is being used for illegal activities.

That is the reason why they are trying to ban the high denomination banknotes, such as the €500 and €200 notes. But then again, if that was the case, then why the CHF 1,000 note is not being used for illegal transactions in a big way?
hero member
Activity: 2926
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USD really is being used for illegal activities but rather I will say that money is being used for illegal activities. You cannot say that only USD is being used for illegal activities because all currency can be used to buy illegal things and do illegal acts, all can be used in bribing and in doing bad deeds after all money is the root of all evil. On those illegal activities the main purpose I think is to get more money so all currency is being used for illegal activities.

Yes money is the root of evil as we all know because of the illegal things that human being made but i can say not all the time because if theres no money we wontt survive it does really depend on the person on how he gonna use it ans yes usd can be used on illegal stuffs and all currency since we do know that it has value and people will recognize it.
hero member
Activity: 560
Merit: 500
USD really is being used for illegal activities but rather I will say that money is being used for illegal activities. You cannot say that only USD is being used for illegal activities because all currency can be used to buy illegal things and do illegal acts, all can be used in bribing and in doing bad deeds after all money is the root of all evil. On those illegal activities the main purpose I think is to get more money so all currency is being used for illegal activities.
sr. member
Activity: 294
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 /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?

Not only now but USD has already been used since before generations ago, since its a currency bad things always happens. Some people would say money is the root of all evil.

Yeah even bitcoin is being used to commit heinous crimes such as on deep web red rooms where people bet bitcoins to do harm to a person tied to a chair. The activity will commence when the host feels that the amount of bitcoins bet is high enough
sr. member
Activity: 402
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 /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?

Not only now but USD has already been used since before generations ago, since its a currency bad things always happens. Some people would say money is the root of all evil.
hero member
Activity: 1498
Merit: 547
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Thats not the fault of USD. Every country has its own currency which is used by the local terrorist, smugglers I mean bad people,thats not the problem of the currency thats the problem of the system. Yes USD is widely used so terrorist or criminals gonna like it for sure.
Agreed, USD is just a currency that is mostly known by people so it's most probably used or request by bad people for their services such as killing, kidnapping, etc. USD or any other currency has no fault in those things and simply is used due to value in human lives. Money is considered as one of the needs of human to live.
Humans are at fault here on using dollars in a bad way.
full member
Activity: 532
Merit: 100
Thats not the fault of USD. Every country has its own currency which is used by the local terrorist, smugglers I mean bad people,thats not the problem of the currency thats the problem of the system. Yes USD is widely used so terrorist or criminals gonna like it for sure.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
Currency is nothing more than a tool to facilitate trade between persons, businesses and countries so it is no wonder that it can be used for all kinds of purposes, it can be used for good and it can also be used to do wrong, it is unfortunate but that is they way things are.
sr. member
Activity: 1484
Merit: 323
Yes every currency can be used in every illegal transaction so usd is not an exception because most legal activities especially international activity are targeting usd mostly in money laundering.
hero member
Activity: 490
Merit: 501
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?

This must be in response to the way some men in the government can be viewing Bitcoin in particular and cryptocurrency in general as possibly being used for illegal activities. The fact is that any money can used for illegal activities but rather than constrict that money you go ahead and prosecute those who broke the law and not the medium. Would we imprison the gun rather than the one who use the gun to kill?

I know this can be considered a sarcastic question but for many times the problem with the government is that it has lost its common sense many decades ago...some of their thinking is quite an upside down kind of understanding.

I agree with you.
legendary
Activity: 1190
Merit: 1002
It's not just USD that can be used for illegal activities, it can be also other currencies. The thing here is USD is the most valued fiat all over the world and many countries accept it.
yeah not only USD but all currencies in the world. during the currency is valuable and can be used to buy, then it could be used for illegal activities. very simple

Exactly, every single currency in the world could be used for illegal activities. The most valuable and and the most accepted are also most used for illegal activities, including US dollar and also Bitcoins. That was the big problem at the begininig, and also in a way is now, because Bitcoin was often accused as a criminal currency.

Agreed. Even bitcoin now are being used for illegal activities. Even terrorist do. The problem lies in how to stop them. This is a mouse and cat game for every government in the world. Criminals will always find ways to exploit of both fiat and bitcoin to their advantage. Terrorist groups sometimes move money via otherwise legal means such as charities, businesses, banks and alternative institutions. Again, the government should make ways to counter this because in the end, we are all victims here.

This is not new and what you think that government are doing nothing , they are taking all steps to control it but the currput peoples are in the government also who are helping the illegal peoples to carry illegal activity.  First they were using fiat currency and USD is the currency which is used easily in any country. and after that they introduced crypto currency and as soon as the government stopped them and it came in focus to the world and the technical guys are using it as online currency and now it is getting more famous both in legal and illegal activity.
hero member
Activity: 1008
Merit: 501
It's not just USD that can be used for illegal activities, it can be also other currencies. The thing here is USD is the most valued fiat all over the world and many countries accept it.
I think everybody already knows about it. no need to explain again that all money used for illegal activities. this time even though the goods could be illegal, such as to perform gratuities
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