Topic: Is USD being used for illegal activities? - page 23. (Read 20162 times)
Yes it is very possible that USD can be used for illegal activites, this also happening in the different country. So other nation is was creating a law about this matter, maybe some are giving them a ban once they've found out caught in the act. Even bitcoin can be used for legal and illegal transactions therefore same thing with USD dollar.
to avoid illegal actions I prefer USD. because of the movement and spread of currency USD more secure and controlled.
while bitcoin is more risky because it is anonymouse so many people who use it for illegal actions.
Well it really doesnt matter when it comes to people doing illegal activities. Of course they will use all available resources for there ventures be it cryptocurrency or the dollar. They should be able to take advantage of bitcoin's features but ultimately, the results would all be in dollars. while bitcoin is more risky because it is anonymouse so many people who use it for illegal actions.
That is good advice.
to avoid illegal actions I prefer USD. because of the movement and spread of currency USD more secure and controlled.
while bitcoin is more risky because it is anonymouse so many people who use it for illegal actions.
Well it really doesnt matter when it comes to people doing illegal activities. Of course they will use all available resources for there ventures be it cryptocurrency or the dollar. They should be able to take advantage of bitcoin's features but ultimately, the results would all be in dollars. while bitcoin is more risky because it is anonymouse so many people who use it for illegal actions.
to avoid illegal actions I prefer USD. because of the movement and spread of currency USD more secure and controlled.
while bitcoin is more risky because it is anonymouse so many people who use it for illegal actions.
Well it really doesnt matter when it comes to people doing illegal activities. Of course they will use all available resources for there ventures be it cryptocurrency or the dollar. They should be able to take advantage of bitcoin's features but ultimately, the results would all be in dollars. while bitcoin is more risky because it is anonymouse so many people who use it for illegal actions.
to avoid illegal actions I prefer USD. because of the movement and spread of currency USD more secure and controlled.
while bitcoin is more risky because it is anonymouse so many people who use it for illegal actions.
while bitcoin is more risky because it is anonymouse so many people who use it for illegal actions.
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?
Of course yes! All of currency are use at illegal activities like gambling buying drugs etc. All currency's are guilty for that. That question have an obvious answer. All cyrrency are guilty for using it in illegal activities. Because if you will use illegal activities the money is involved, so that is automatic that all currency's are use in illegal activities.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?
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?
Of course yes! All of currency are use at illegal activities like gambling buying drugs etc. All currency's are guilty for that. That question have an obvious answer. All cyrrency are guilty for using it in illegal activities. Because if you will use illegal activities the money is involved, so that is automatic that all currency's are use in illegal activities. 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?
If people are using bitcoin instead of USD to do illegal things then that would put bitcoin in danger now because Donald Trump might seize all the bitcoins.
I think donald trump would not do it, after all, if they did ban on bitcoin. it does not impact too much on bitcoin, because users can still use bitcoin although even prohibited. 
If people are using bitcoin instead of USD to do illegal things then that would put bitcoin in danger now because Donald Trump might seize all the bitcoins.
But nowadays I am seeing that USD is used more in illegal activities than bitcoin because for running bitcoin a user will require a good knowledge about digital system while for them using USD for illegal activities is not hard because USD is known by everyone in every corner of the world even without technology USD can be transferred to any corner of the world.
If people are using bitcoin instead of USD to do illegal things then that would put bitcoin in danger now because Donald Trump might seize all the bitcoins.
How exactly do you think you would go about "seizing" all the bitcoins? The ledger is decentralized, so there is no way to shut it down. Seizing bitcoins would require the confiscation of the hard drives that contain private keys to public addresses. And that also assumes that those hard drives have the only copy of the private keys. In short, there's no easy or feasible way to accomplish bitcoin seizures.
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.
If people are using bitcoin instead of USD to do illegal things then that would put bitcoin in danger now because Donald Trump might seize all the bitcoins.
But nowadays I am seeing that USD is used more in illegal activities than bitcoin because for running bitcoin a user will require a good knowledge about digital system while for them using USD for illegal activities is not hard because USD is known by everyone in every corner of the world even without technology USD can be transferred to any corner of the world.It is probably better to use cash or gold with illegal activities because they are not as easily traced. It seems like there is much work to hide bitcoin transactions and it opens the door for mistakes. It seems that even if the final transaction is mixed, that all the other transactions might be preserved somehow on other accounts. Imagine how many people might have kept a record of their transactions for other purposes along the chain to that final transaction. That's a whole pile of leads there and probably more than one snitch in the group.
If people are using bitcoin instead of USD to do illegal things then that would put bitcoin in danger now because Donald Trump might seize all the bitcoins.
But nowadays I am seeing that USD is used more in illegal activities than bitcoin because for running bitcoin a user will require a good knowledge about digital system while for them using USD for illegal activities is not hard because USD is known by everyone in every corner of the world even without technology USD can be transferred to any corner of the world.
If people are using bitcoin instead of USD to do illegal things then that would put bitcoin in danger now because Donald Trump might seize all the bitcoins.
USD used many illegal activities I think because it is main currency in the world to be the benchmark currency of the countries in the world, so widely spread. USD it became many used for illegal activities like terrorism and illegal war because of its spread widely so that it can be reached by people who are not responsible. The use USD for legal or illegal activity actually depends on each person who uses that can not be avoided and unruly spread.
That's right, currency is basically a tool and don't have an intelligence so even some currencies being used for illegal activities it's can't be concluded as those currencies were getting involved into crimes and after that it's prohibited, some media sometimes just too hypocrite and always making the images of their opponent looks bad by spreading bad news about it,but at the end it's just a currency
Lol, I don't know what is the relation of bitcoin being used in illegal activities with USD being used to illegal activities. As far as I know they are different currency though we believe that all currency are used in illegal activity, even my local currency is being used in drug trafficking, gun smuggling and money laundering, so I think USD is more exploited in terms of illegal activities.
Rather than looking at the percentage of Bitcoins used for illegal purchases to the total number of Bitcoins circulating, you must look at the absolute value of BTC used for drug purchases. I am sure that it is only a small fraction of the same for USD.
USD used many illegal activities I think because it is main currency in the world to be the benchmark currency of the countries in the world, so widely spread. USD it became many used for illegal activities like terrorism and illegal war because of its spread widely so that it can be reached by people who are not responsible. The use USD for legal or illegal activity actually depends on each person who uses that can not be avoided and unruly spread.
That's right, currency is basically a tool and don't have an intelligence so even some currencies being used for illegal activities it's can't be concluded as those currencies were getting involved into crimes and after that it's prohibited, some media sometimes just too hypocrite and always making the images of their opponent looks bad by spreading bad news about it,but at the end it's just a currencyCannot agree more, this can not be stopped at anytime and will always occur no matter what happens with a currency.
Any criminal use any currency which he require for a particular place suppose a person is doing any illegal activity in places where USD is easily used then he will use USD and if he is doing any illegal activity in places where euro is easily used then he will use Euro. So any currency can be used by them unless the governments take action against them.
US dollar is accepted in almost everywhere in this planet, so international crimes and illegal activities can be financed by US dollar. But why would we use US dollar if we are only doing small time illegal activity if we are criminals? I'd rather use local currency if I am a criminal, for convenience. Big time criminals who operates in different countries are the ones using US dollar since it could be their tool to escape.
USD used many illegal activities I think because it is main currency in the world to be the benchmark currency of the countries in the world, so widely spread. USD it became many used for illegal activities like terrorism and illegal war because of its spread widely so that it can be reached by people who are not responsible. The use USD for legal or illegal activity actually depends on each person who uses that can not be avoided and unruly spread.
That's right, currency is basically a tool and don't have an intelligence so even some currencies being used for illegal activities it's can't be concluded as those currencies were getting involved into crimes and after that it's prohibited, some media sometimes just too hypocrite and always making the images of their opponent looks bad by spreading bad news about it,but at the end it's just a currencyIts done at every currency and I think that we cannot simply say that its only happening at one currency because that is just so not true.
Any criminal use any currency which he require for a particular place suppose a person is doing any illegal activity in places where USD is easily used then he will use USD and if he is doing any illegal activity in places where euro is easily used then he will use Euro. So any currency can be used by them unless the governments take action against them.
Jump to: