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Topic: Only a Crime Tool - page 3. (Read 1053 times)

hero member
Activity: 2814
Merit: 618
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July 27, 2019, 01:58:35 PM
#37
The amount of news on hacking, money laundering, drug trafficking and others that involve cryptocurrency or bitcoin seems to never run out. has become a natural law there are always two sides to this life. There is a right there left, there is a good one that is bad. so also in the world of crypto, bitcoin and others. But we must agree together that all return to their own people, want to use it all for good or evil. So there is no side of crime in bitcoin, because bitcoin is just a tool used. The evil is the human mind that directs it.

Bitcoin and crypto is not a crime tool. 

1- Anything can be hacked online and not just Bitcoin.
2- Money laundering can also be done with fiat and not just Bitcoin.
3- Bitcoin and local fiat can be used for drugs and other illegal means and we cannot blame only Bitcoin for this purpose

We can conclude that it is the use by the humans which make the Bitcoin good or bad. A good human can use bitcoin in a positive manner and bad human can use it in an evil manner.
hero member
Activity: 1274
Merit: 516
July 27, 2019, 05:37:28 AM
#36
Bitcoin is just a scapegoat for the haters to  bring down the volume and weaken the usage, the media also keep on bringing controversial news by exposing the negative side of crypto, but the one that know bitcoin well won't be affected by those news, we knew that bitcoin usage is really useful and already help so many people in positive way, the used of bitcoin is depend on the users, bitcoin is just a medium
legendary
Activity: 1904
Merit: 1000
July 27, 2019, 01:46:42 PM
#36
The amount of news on hacking, money laundering, drug trafficking and others that involve cryptocurrency or bitcoin seems to never run out. has become a natural law there are always two sides to this life. There is a right there left, there is a good one that is bad. so also in the world of crypto, bitcoin and others. But we must agree together that all return to their own people, want to use it all for good or evil. So there is no side of crime in bitcoin, because bitcoin is just a tool used. The evil is the human mind that directs it.

True, anything can be used for good things and vice versa. We should not blame the tool itself. So if for example, bitcoin is used for bad purposes by some bad people, it is the duty of the authority to find out and arrest them. Technology continues to grow and people must follow it!
legendary
Activity: 2912
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July 27, 2019, 01:23:16 PM
#35
From the very begininig Bitcoin had the reputation as criminal money. People thought that is only used for money laundering and buying illegal goods and services on dark markets. Situations has changed meanwhile but obviously not enough.
Everything that has some value or can be misused attracts criminals, that is not new. The sane is with fiat money and crypto but that is not the reason for cryptocurrency to have bad reputation.
legendary
Activity: 2156
Merit: 2100
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July 27, 2019, 12:53:53 PM
#34
We are doinh evil activity with our govt currency too. Somedays ago, a ship with drugs was seized which was a part of JP, anyway, we can do whatever we wish with bitcoin and govt currency and it depends on us.
In my country, at least 50% of the fiscal year budget go to the pocket of politicians, engineers and other related staff. Are they using bitcoin? No, they are using govt currency.
sr. member
Activity: 980
Merit: 261
July 27, 2019, 09:49:09 AM
#33
The amount of news on hacking, money laundering, drug trafficking and others that involve cryptocurrency or bitcoin seems to never run out. has become a natural law there are always two sides to this life. There is a right there left, there is a good one that is bad. so also in the world of crypto, bitcoin and others. But we must agree together that all return to their own people, want to use it all for good or evil. So there is no side of crime in bitcoin, because bitcoin is just a tool used. The evil is the human mind that directs it.

This should be the mind of others whose thinking that bitcoin is a scam because they should know that it is only a tool for scamming people, it is just like other fiat money that has been use or tool for scamming people.
legendary
Activity: 2212
Merit: 1008
July 27, 2019, 06:21:14 AM
#32
The amount of news on hacking, money laundering, drug trafficking and others that involve cryptocurrency or bitcoin seems to never run out. has become a natural law there are always two sides to this life. There is a right there left, there is a good one that is bad. so also in the world of crypto, bitcoin and others. But we must agree together that all return to their own people, want to use it all for good or evil. So there is no side of crime in bitcoin, because bitcoin is just a tool used. The evil is the human mind that directs it.

Money is the root of all evil, as they say. We can't help the fact that Bitcoin is money, just like the USD. (It's a better form of money in fact, but that's a separate discussion.)

As long as Bitcoin has value, it'll be used by criminals, just like the USD.

Not only on Bitcoin or USD, everything that has value will attract criminals to get it. All forms that are valuable are actually not wrong and true said the OP that what is wrong is the human mind itself. But it is very unfortunate that many have mistaken the perception of bitcoin, especially the government, I don't know how the government thinks that short.

For example narcotics. Most people consider narcotics to be illegal and dangerous drugs. But keep in mind that narcotics were not created for that, narcotics were created as certain drugs by doctors. It's just that many people abuse and this is the same as bitcoin. So we have to think intelligently about all the things we just know, most people just listen briefly.
full member
Activity: 432
Merit: 100
July 26, 2019, 06:51:35 PM
#31
People think differently and no matter how ypu may try to explain a situation to people, there will always be different views on the situation. In the case of btc, wheher this assertion is true or false, people will always think btc is used for illegal activities. We just have to, as lovers of crypto, equally make efflrts to spread the good side of it as well in order to balnce out the bad news
legendary
Activity: 2996
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July 26, 2019, 09:23:38 PM
#31
It's users own interpretations on how he will prosper more from this industry, bitcoin can be a tool for succeeding in your investment journey while it can also be used by those illegal doers for their own benefits, and likewise, it's a cryptocurrency where it serves to its intentions only the end users have the position on how they gonna treat this alternative financial system.
hero member
Activity: 2604
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July 27, 2019, 04:54:16 AM
#31
I think that will depend on the people itself, so they know what will they want to do with bitcoin. We cannot blame crypto or fiat because bitcoin and fiat is only a tool and we can choose what we should do. And if we think that what we do is break the law, we should not continue, and we could do for good things. We can choose a good thing or a bad thing.
full member
Activity: 1330
Merit: 147
July 26, 2019, 11:09:46 PM
#30
Bitcoin was judge as a crime tool is a propaganda and even as a mask in order to common people hate bitcoin and disturbing to a regulation. Indeed, bitcoin have a digital from which way they consider if one make a transaction then the other people will not know it, but that is a wrong perspective. Bitcoin transaction can be tracked and for those people who use it as a legal transaction should be afraid of that. I don't think that is a long term bad assumption if common people have an interesting to kniw more bitcoin. That is the matter of time, when many people know about bitcoin I guess the assumption of bitcoin is a criminal tool will be disappear.
legendary
Activity: 3010
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July 26, 2019, 11:02:10 PM
#29
The amount of news on hacking, money laundering, drug trafficking and others that involve cryptocurrency or bitcoin seems to never run out. has become a natural law there are always two sides to this life. There is a right there left, there is a good one that is bad. so also in the world of crypto, bitcoin and others. But we must agree together that all return to their own people, want to use it all for good or evil. So there is no side of crime in bitcoin, because bitcoin is just a tool used. The evil is the human mind that directs it.

True, crime is not done by Bitcoin or any cryptocurrency that is created by man.  It is the person who decides whether he will use it for good or evil.  Just like money, many believes that it is the root of  all evil but most of us misunderstand it.  It is the "love" of money that is the root of all evil..

Quote from: Timothy 6:10
For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows


So much desire to acquire money that people do scams and evil deeds.
legendary
Activity: 2576
Merit: 1043
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July 26, 2019, 10:53:22 PM
#28
The amount of news on hacking, money laundering, drug trafficking and others that involve cryptocurrency or bitcoin seems to never run out. has become a natural law there are always two sides to this life. There is a right there left, there is a good one that is bad. so also in the world of crypto, bitcoin and others. But we must agree together that all return to their own people, want to use it all for good or evil. So there is no side of crime in bitcoin, because bitcoin is just a tool used. The evil is the human mind that directs it.
Its normal already. Remember that fiat has been used for bad purposes also but they don't put it on news. Bitcoin is just a tool that has been used by different evil persons to transact and it is normal to use it since it has a value.

Even things are being traded because they have value (barter) and so is crypto too. To be honest, I didn't surprised that this has been used for crime purposes. The best thing to do is just ignore what is said on these news sites and focus more on technicals rather than the fundamentals.
hero member
Activity: 2828
Merit: 518
July 26, 2019, 06:03:19 PM
#28
That only be 1% and we can't neglect it to happen since we are living it since before, and people would find a way to continue their illegal activities.
They probably make use of crypto as they can make transactions pretty easy and anonymously but it for sure it won't last long and still be caught by their devil activities.
member
Activity: 490
Merit: 11
July 26, 2019, 08:52:18 PM
#27
The amount of news on hacking, money laundering, drug trafficking and others that involve cryptocurrency or bitcoin seems to never run out. has become a natural law there are always two sides to this life. There is a right there left, there is a good one that is bad. so also in the world of crypto, bitcoin and others. But we must agree together that all return to their own people, want to use it all for good or evil. So there is no side of crime in bitcoin, because bitcoin is just a tool used. The evil is the human mind that directs it.

      Even without crypto currency criminal elements are continuously doing their bad intentions to other people so they must not blame to crypto if they will use this as funding for payments like as they are using  fiat money .
full member
Activity: 952
Merit: 107
July 26, 2019, 07:59:50 PM
#26
True that the bitcoin was just a tool in order to make evil works or illegal transactions online but come to think of it if there's no such things as cryptocurrency there will be less illegal transactions that may happen online, isn't? but i do like your perspective that it's the human itself that do evil things not the cryptocurrency itself.
I agree. It is just the human act and decision to used bitcoin on crimes. Bitcoin is only a tool for illegal transactions and it is the people choice. Things has advantages and disadvantages and it is your choice where you want to side because it has different usage. There are people who see the good on it but those who are greed keep going deep and make a plan for it since at has tge potential.
sr. member
Activity: 1050
Merit: 277
July 26, 2019, 05:56:44 PM
#25
It is just negative press. That is how they make money. Shock value. They won't make much if they don't make outrageous claims. The trust is so much more boring then fiction and it won't excite people much.
Hearing about all the negatives and crime makes it more interesting since people are always fascinated with this sort of thing.

If they don't talk about the negatives they will have very little to use to shock the masses. They going for the biggest reaction since it directly correlated to their earnings.
legendary
Activity: 1526
Merit: 1179
July 26, 2019, 05:51:48 PM
#24
Criminals or not, we all seek to use the most convenient and accepted form of money or payment option to conduct business. People however always blame Bitcoin more than anything else because they don't understand it.

If you also add that most of the average joes pay attention to what the mainstream media is indicating, then it's not all that surprising that people consider Bitcoin a fraud or currency of the underworld.

Most of the news sources that represent the mainstream media have owners that want to push their own narrative for or against something, which in Bitcoin's case means more crap against it because it doesn't fit in their perfect world.
sr. member
Activity: 2506
Merit: 368
July 26, 2019, 05:47:41 PM
#23
Only the powerful people do not think the way you do. They are labeling Bitcoin as the currency that perfectly fits the mind and acts of a criminal, a currency that effectively conceals the person behind the deals and the wallet addresses. But that is always belied by the available data and statistics. Numbers don't lie. Crimes, may they be international or local, are made possible with the support of money, fiat money.
How can you say it so that the powerful people aren't capable of doing those things? When human greed eats them there's never enough of how powerful they are as long as they take what they wanted.

There are crimes also that doesn't need any money to perform such as vengeance. But crimes that take a lot of human lives are subjected to be funded by an organization or a group of people that has one goal to achieve. Cryptocurrency may be used in the future to fund such riot/war in certain places but i hope it won't really happen.
legendary
Activity: 1666
Merit: 1196
STOP SNITCHIN'
July 26, 2019, 05:46:23 PM
#22
The amount of news on hacking, money laundering, drug trafficking and others that involve cryptocurrency or bitcoin seems to never run out. has become a natural law there are always two sides to this life. There is a right there left, there is a good one that is bad. so also in the world of crypto, bitcoin and others. But we must agree together that all return to their own people, want to use it all for good or evil. So there is no side of crime in bitcoin, because bitcoin is just a tool used. The evil is the human mind that directs it.

Money is the root of all evil, as they say. We can't help the fact that Bitcoin is money, just like the USD. (It's a better form of money in fact, but that's a separate discussion.)

As long as Bitcoin has value, it'll be used by criminals, just like the USD.
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