Topic: Money laundering tools - page 6. (Read 2488 times)
Bitcoin is used anonymously by its users and as an opportunity be used wrongly by criminals. Money laundering has existed since before there was a bitcoin. Probably very well known before bitcoin is created. There’s no good and perfect system to prevent it yet. But if you equate bitcoin with money laundering I think it's just a nonsense for protest so bitcoin’s price will go down. Many people don’t take the benefits properly and correctly.
yeah agree with it, bitcoin right now are prefer to being a laundering tools rather than a digital money that doing a transaction with it, so sad when know bitcoin are using for this thing
There were lots and lots of tools available for the money laundering purpose. Now, bitcoin too has got added to the list of money laundering tools. This has made money laundering more easy and the same has generated a misconception about bitcoin among the common people that bitcoin is used for illegal activities.
yeah indeed it can be a laundering tools, and because of that many goverment with high corruption are aware with this stuff so they prevent to ban or ignored this matter, well every stuff have a dark side of it, even something that we know is good too
Bitcoin is not a money laundering tool. It can help to actually prevent such things as everything is digitally recorded.
If anyone found then it is over for them because all the countries have very strict laws against the money laundering and probably you will have to spent few years in the prison and also have to submit the all money to your country's relevant department.
A study was already conducted in which it was proved that crypto currency is used for money laundering only in a small number of cases. Basically, it is used as a useful product. You can search the Internet for more information about this.
To be more specific, bitcoin, according to studies, was used for money laundering, and generally, for criminal purposes, in no more than ten percent of cases. Just bitcoin is not anonymous, but is considered relatively anonymous. For criminal purposes, more coins are used with a higher level of anonymity - monero, ZCash, Dash. Therefore, you should not worry about using bitcoin for criminal purposes.
bitcoin is not a money wash tool, many now countries are already regulating crypto exchangers, so chances are no more money launderers via bitcoin
I mean just like anything it can be used for bad things. But you're sounding like the media back in the day, making it seem as if only money launderers are using it. As least that's how it's going to make it seem.
I think it may be in different countries like that. But the government should not call bitcoin a money launderer. Bitcoin is like gold and anyone would want to have bitcoin. And can buy for various needs maybe in other country like that
In some countries it can be like that, I even heard recently that in Germany you can buy some goods or services paying for them with bitcoin and than do not pay any taxes with that.
Facilitate crime Indeed bitcoin can be used as a tool or means for money laundering where no currency does not have a formal institution or a responsible authority even identity and ownership can be disguised so that can not be tracked or in control by any party
There are so many ways of money laundering and so many tears. So I believe that the problem is not in the tool, problem is in people.
Obviously, BTC is a perfect tool for Money laundering.
But I don't think that kind of money used on BTC. But governments still blame the cryptocurrencies for money laundering, though....
But I don't think that kind of money used on BTC. But governments still blame the cryptocurrencies for money laundering, though....
Every currency can be a tool for money laundering but government should not blame cryptocurrency for money laundering because it helps different people to have their financial problems fixed and have a better life in the society.
Obviously, BTC is a perfect tool for Money laundering.
But I don't think that kind of money used on BTC. But governments still blame the cryptocurrencies for money laundering, though....
But I don't think that kind of money used on BTC. But governments still blame the cryptocurrencies for money laundering, though....
Lots of things can be used for money laundering such as diamonds and dirty cash. Bitcoin is one of many tools but that is not it's main purpose, one day it will be used as a global currency so we should all stock up
Weird to read that btc has its value only because of laundering. There is no statistics and any other sort of evidence. Furthermore, your words about low risk are also not true, because btc is not completely anonymous.
Bitcoin is not money laundering tool, 99% users are normal working people. The remaining will always exploit all payment systems on loopholes.
Bitcoin is not a money laundering tool. It can help to actually prevent such things as everything is digitally recorded.
Bitcoin is not a money laundering tool. It is already being used by a large number of people worldwide and these are common people.
It is under new of every people if you see the cryptocurrency as normal then it will be normal comma if you will see there ripple currency like in the different way then it will be very very beneficial for us it will be working for all the people who trusted and make called on cryptocurrency really helpful in the future.
Bitcoin is very good and its price is very high. But I don’t think it’s good enough if it used for a transaction or expense or like money laundering. I would invest my money into bitcoin. I think if I invest my money into bitcoin I will get a double profits but from that I also think the risk of loss if bitcoin’s price fall drastically, investing in bitcoin is indeed very extreme.
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