Is USD being used for illegal activities? - page 20.

Kemarit

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Quote from: bitbunnny on March 31, 2017, 02:11:45 PM

Quote from: deppil on March 31, 2017, 01:08:58 PM

Quote from: RedX on March 30, 2017, 07:56:53 PM

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.

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Quote from: audaciousbeing on March 31, 2017, 03:36:59 PM

If people can use something as freely available to the best of my knowledge as water for illegal activities, why cant they now use a Fiat that can get them whatever they wanted for illegal means. When it comes to illegal activities when someone is criminal minded, its not about the USD anything whatsoever will be used to achieved his objective even soap. So, using dollars for that kind of person will make the job easier.

Indeed, when it comes to illegal activities the will justifies the way, so it is not whether they use USD or bitcoin to achieve their goals they will always find a way, but needless to say that bitcoin has some features that allows them to achieve them in a more convenient way rather than doing money laundry to cover their tracks.

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If people can use something as freely available to the best of my knowledge as water for illegal activities, why cant they now use a Fiat that can get them whatever they wanted for illegal means. When it comes to illegal activities when someone is criminal minded, its not about the USD anything whatsoever will be used to achieved his objective even soap. So, using dollars for that kind of person will make the job easier.

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Quote from: deppil on March 31, 2017, 01:08:58 PM

Quote from: RedX on March 30, 2017, 07:56:53 PM

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.

deppil

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Quote from: RedX on March 30, 2017, 07:56:53 PM

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

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Quote from: Qartada on March 31, 2017, 07:26:54 AM

While this is pretty funny, they are reasonable to suggest Bitcoin is very likely to be used for illegal activities. Online, you can't really use USD without being tracked but if you use your Bitcoin properly you can pretty much stop anyone from finding your transactions.

Do you really believe something like that. That is, bitcoin can be used for illegal activities without government authorities to find your transactions? I dont believe that is really true due to bitcoin protocol. This is the reason nowadays monero is the crypto which usually people use when they do care to be untraceable.

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Quote from: X-ray on March 30, 2017, 10:53:16 PM

Quote from: mrcash02 on March 30, 2017, 05:15:25 PM

Quote from: giveen on March 30, 2017, 04:56:16 PM

What's even wrong. Are you patriot of US or what. Of course usd will be used for illegal activities as there isn't any currency in this world which isn't being used for illegal purpose. Now the introduction of these crypto currencies it will surely be used for illegal purpose in the future. And can't you see the president of us is itself doing illegal activity by building a useless wall...

Is useless for you to reforce the frontiers against illegal invaders and thieves? It doesn't sound patriotic for me or logic, even not being a USA citizen... Anyway the money isn't being used for illegal activities on this situation. Who is using money for illegal activities is who is invading USA by this spot where there will be a useless wall soon... Wink

Bitcoin = money, Gold = money, all about money. Money is being used in all of the illegal activities. No on cares about that.

If the illegal activities will always be there and we will always see the money will be used for the illegal activities.

What do you mean about invade USA? Too many the institutions are exaggerated.

People who enters other's countries without permission are invaders.

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While this is pretty funny, they are reasonable to suggest Bitcoin is very likely to be used for illegal activities. Online, you can't really use USD without being tracked but if you use your Bitcoin properly you can pretty much stop anyone from finding your transactions.

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Quote from: RedX on March 30, 2017, 07:56:53 PM

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.

Everything that is valuable can be use for illegal activities, gold and silver you can used that to bribe people to favor you.
USD is the most popular currency now so I believe it is widely used in illegal activities, this world has a lot of secret and things that
we've view as right are not really right and that is because of the money, people are greedy and they are willing to do illegal activities for the money.

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Quote from: mrcash02 on March 30, 2017, 05:15:25 PM

Quote from: giveen on March 30, 2017, 04:56:16 PM

What's even wrong. Are you patriot of US or what. Of course usd will be used for illegal activities as there isn't any currency in this world which isn't being used for illegal purpose. Now the introduction of these crypto currencies it will surely be used for illegal purpose in the future. And can't you see the president of us is itself doing illegal activity by building a useless wall...

Is useless for you to reforce the frontiers against illegal invaders and thieves? It doesn't sound patriotic for me or logic, even not being a USA citizen... Anyway the money isn't being used for illegal activities on this situation. Who is using money for illegal activities is who is invading USA by this spot where there will be a useless wall soon... Wink

Bitcoin = money, Gold = money, all about money. Money is being used in all of the illegal activities. No on cares about that.

If the illegal activities will always be there and we will always see the money will be used for the illegal activities.

What do you mean about invade USA? Too many the institutions are exaggerated.

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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.

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Quote from: Rinder on March 30, 2017, 03:58:06 PM

The fiat currencies are more used then crypto coins, even knowing the silk road keeps with some good volume and they work with altcoins at their deals. There is no way to control and stop those ilegal activities, because you can put into the jaill all people selling, others will replace them since there are buyers.

Volumes of SilkRoad back then, and the current black markets using Bitcoin and other crypto's as currency, isn't even a tiny dot compared to what level of harm is being done with the USD for example. It's basically an unfair comparison as there isn't anything to compare. But as always, the media knows how to put a twist to it, that Bitcoin is the one that receives the general blame among non Bitcoiners....

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Quote from: giveen on March 30, 2017, 04:56:16 PM

What's even wrong. Are you patriot of US or what. Of course usd will be used for illegal activities as there isn't any currency in this world which isn't being used for illegal purpose. Now the introduction of these crypto currencies it will surely be used for illegal purpose in the future. And can't you see the president of us is itself doing illegal activity by building a useless wall...

Is useless for you to reforce the frontiers against illegal invaders and thieves? It doesn't sound patriotic for me or logic, even not being a USA citizen... Anyway the money isn't being used for illegal activities on this situation. Who is using money for illegal activities is who is invading USA by this spot where there will be a useless wall soon... Wink

giveen

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What's even wrong. Are you patriot of US or what. Of course usd will be used for illegal activities as there isn't any currency in this world which isn't being used for illegal purpose. Now the introduction of these crypto currencies it will surely be used for illegal purpose in the future. And can't you see the president of us is itself doing illegal activity by building a useless wall...

Rinder

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The fiat currencies are more used then crypto coins, even knowing the silk road keeps with some good volume and they work with altcoins at their deals. There is no way to control and stop those ilegal activities, because you can put into the jaill all people selling, others will replace them since there are buyers.

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Yes. Every known currency is being used for illegal activities at certain times. There was a research about cocaine over dollar bills... almost every single bill have traces.

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Quote from: dmamigo on March 30, 2017, 12:44:52 PM

All of the currency is being used for illegal activity, now even Bitcoin. It is nowadays natural that currencies/money will be used for illegal activities or illegally. And USD being more recognized currency in this world, it is usually used more for illegal activities.

That is true all currency from this world are being used for illegal things all goverments are corrupt they using peoples money for there own sake and those drug adict who actually the number who using any kind of money just to buy drugs around the world yes it is true even bitcoin i just saw it from darkweb where drugs are being sold.

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What kind of question it is?
Any currency from around the world is or can be used for illegal activities.
I guess bitcoins are also used for illegal activities as it is anonymous somehow.

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Quote from: shane on September 18, 2016, 07:13:47 AM

i think it's very possible, teroris have highest technology to mixing his money at bank without any trail, and untraceble.
i think people can buy anything use usd, the illegal activity with usd is very possible

Quote from: awesome31312 on September 18, 2016, 05:18:13 AM

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?

goverment must ban any illegal activity, he must freeze the bank account of terorism

Yes, I do agreed on you mate. Perhaps, this kind of a problem are also facing it in all nations in the planet. as long as there is illegal activities happening in their place it should be ban or make a law about this things in each country. Because if this things can't be resolve it will be a shameful image for the country of course.

dmamigo

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All of the currency is being used for illegal activity, now even Bitcoin. It is nowadays natural that currencies/money will be used for illegal activities or illegally. And USD being more recognized currency in this world, it is usually used more for illegal activities.

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