The same thing has been happening with fiat money for centuries. Just because someone uses bitcoin to do something illegal doesn't mean that there is anything wrong with the money itself.
If a hacker group wants to get paid with bitcoin, they will have trouble moving any large sum of money without it being monitored and prevented from being converted into any fiat money. In fact, if a company ever pays a ransom for malware, their insurance companies will not pay out unless the ransom is paid with a transparent blockchain like Bitcoin because it is relatively easy to follow the money. Of course, there are ways that you can use bitcoin anonymously but if you ever move money into an exchange and attempt to sell it for fiat and then move that fiat into your bank account, you will need to verify the source of those funds.
Using bitcoin for illicit activities like ransomware is a terrible idea. It is best to only use it as money for trading normal everyday goods and not extorting multinational companies with a small army of lawyers who specialize in prosecuting extortionist hacker groups and other bad actors.
Topic: its a rumors but... - page 2. (Read 219 times)
I don't know what you mean by the dark side of Bitcoin but I don't see that Bitcoin is heaven for hackers(like the above said hackers can also do it on fiat/cash) it is just likely the same as Fiat which you can use anywhere online the difference is Bitcoin does not have physical currency compared to fiat and Bitcoin does not controlled by governments due to decentralization.
Bitcoin is just digital money only users made it to have a dark side of it.
Bitcoin is just digital money only users made it to have a dark side of it.
The first I heard about Bitcoin when a big organization hack some platform and ask to get paid by bitcoin
of course everything comes with a reason but isn't Bitcoin a Heaven for Hackers as well?
Bitcoin can be used by absolutely anybody, it is free and there is no censorship in the network, hackers and criminals also use other payment options, including fiat/cash.of course everything comes with a reason but isn't Bitcoin a Heaven for Hackers as well?
Im not against it its just i hear here and there that they create BTC for that purpose in the first place so they can get paid anonymously !! even governments and their spies !! send payment to killers and cuts deals in the black market and so on.
The bitcoin blockchain is open, so you cannot get paid in Bitcoin anonymously, the blockchain can be analysed by chain analysis corporations and transactions can be tracked to the people who made them if the coins are in one way or another tied to their identity. Having said that, cash would be the most convenient way to pay for what you mentioned above and not Bitcoin, yet somehow people are more concerned about Bitcoin being used for illicit activities than cash.So .. even if Bitcoin saves us from the bank's thieves and governments who control our money system still their are many mysteries about it
I love bitcoin and i think its the best currency ever !! its helps !! it's fast and all of that but still I'm afraid of this DARK side of it
There are no dark sides to it, and the only mystery is we are yet to find out who Satoshi is. I love bitcoin and i think its the best currency ever !! its helps !! it's fast and all of that but still I'm afraid of this DARK side of it
The thing is, Bitcoin is a currency used for payments like every other currency, the network does not police who uses it or for what purpose, as long as they are following the networks rules and have a valid signature to make transaction, then they can use Bitcoin.
Hello everybody
The first I heard about Bitcoin when a big organization hack some platform and ask to get paid by bitcoin
of course everything comes with a reason but isn't Bitcoin a Heaven for Hackers as well?
Im not against it its just i hear here and there that they create BTC for that purpose in the first place so they can get paid anonymously !! even governments and their spies !! send payment to killers and cuts deals in the black market and so on.
So .. even if Bitcoin saves us from the bank's thieves and governments who control our money system still their are many mysteries about it
I love bitcoin and i think its the best currency ever !! its helps !! it's fast and all of that but still I'm afraid of this DARK side of it
Can someone make me calm about it ? maybe i think too much or maybe im wrong please dont judge me.
The first I heard about Bitcoin when a big organization hack some platform and ask to get paid by bitcoin
of course everything comes with a reason but isn't Bitcoin a Heaven for Hackers as well?
Im not against it its just i hear here and there that they create BTC for that purpose in the first place so they can get paid anonymously !! even governments and their spies !! send payment to killers and cuts deals in the black market and so on.
So .. even if Bitcoin saves us from the bank's thieves and governments who control our money system still their are many mysteries about it
I love bitcoin and i think its the best currency ever !! its helps !! it's fast and all of that but still I'm afraid of this DARK side of it
Can someone make me calm about it ? maybe i think too much or maybe im wrong please dont judge me.
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