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Topic: What I experienced since the past two days now (Read 498 times)

sr. member
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I am also not denying that scammers may have used bitcoin mixing services for clearing their trails still it is possible to track down in some way but privacy is someone's right and now governments are going after is a threat to everyone not just scammers.
I agree, what people need to understand is BTC and its privacy solutions are tools, just the way the internet is a tool, and people are going to use it both for good and bad. However we do not hear people asking for the internet to be banned, the way they want mixers and CoinJoin to be banned and for people not to use BTC privately. The sad part in all of this is that it is impossible to fight the government, so i don't think BTC privacy solutions will survive in a few years from now.

People who use these privacy tools with bad intentions will find an alternative solution sooner or later.

Just an example, an interesting thread = Crackdown on mixers and privacy tools is ineffective: it may even help criminals by d5000 which means still there are far more better options for the criminals than just using centralized experience.

Let's come to the topic, the government is supposed to chase the criminals, not the way they are using.
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So, it is much better that you keep these things private and don't let anyone know about these things even if it's someone very close to you because you can't trust anyone in this world these days as you said.

I think it's human nature at least can't talk about it. but, I like your statement above, normally the secret must still be kept and kept secret, but if it is not confidential, open it wide, especially if BTC assets are already in large quantities.

For Idea storage aset As OP said, it is also good enough to store Bitcoin in hardware wallets only and when it needs to be reactivated. What does that is of course people who have bad ethics and disguise it as a legitimate transaction because previously if I am not mistaken, the platform is here to protect user privacy only.
sr. member
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Bitcoin, or cryptocurrency, is not bad; rather, it is only used as a front to scam victims. It seems that fiat is only used for bad purposes. The same goes with this we're talking about. It's not hard to understand, right?

There is only a problem when Bitcoin is used incorrectly, and the only people who usually do this are scammers or hackers. That's why we should be smart about what we see and interact with, because, just like you said, many people are pretentious.
sr. member
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Then, we can't blame the government and other people think that Bitcoin helps scammers and fraudsters. We can't blame the authorities for stopping mixers because they feel suspicious about their transactions and the loss of our privacy in the crypto space has gone due to these scammers.

These actions of scammers make crypto in general a tool for scamming, Bitcoin is not excluded. I'm not saying that is good to happen with the mixers but if people use this as a medium of illegal activities, it should be stopped because we are also affected especially if someone knows that you are a Bitcoin holder, they will also assume that you are a scammer.
sr. member
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When some persons does not understand the rules and the regulation of Bitcoin the person will say that bitcoin is a scam but when you have understand the system of Bitcoin most especially investment method of it you will desist from people who said that bitcoin is a scam, bitcoin can be scam when you don't know about it but when you know about it you will be more rejoice for on bitcoin because it will yield positive for your investment
The notion that cryptocurrency is same as Bitcoin is wrong. Although, Bitcoin is cryptocurrency, but the point I want to highlight is that there are other crypto currencies apart from Bitcoin that scammers use to keep their stolen funds or launder their funds or create to steal unsuspecting investors funds thinking they are buying a promising token.
While there are those that use crypto to perpetuate crime, there are those for which it is the best thing that has happened to them and am one of them.

With this kind of story as told by OP, I maintain that cryptocurrency would be more regulated in the nearest future with upgrades on privacy and KYC features. This is so as to limit the criminal use of it and before it gets accepted, and am sure anyone who intends to Invest in it these days would have to be prepared to defend the source of income for investment or tell a convincing tale of how they earn their crypto or fill a due diligence form, unless they could have their coins seized or frozen.
hero member
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As you might have known, there are mixers that have been taken by FBI for a reason which can support money laundering by using mixers.
The U.S government make it seem like it is just a fight against money laundering, but i think they are also attacking BTC and its fungibility through all of this. Some of you think people should not use mixers if they do not have something to hide, but that is not true, everyone deserves privacy if they want it. The government is attacking BTC's privacy solutions because they want to know what everyone is doing with their coins anytime they move it.
That's true that it's not just about money laundering but also wanting to know about what people are doing. You are a bit out of topic because it is about OP's neighbor supporting mixers that's why he supported the use of mixer and explained why he supported mixers and why he would use it since mixers can help with your privacy. Well, OP's neighbor got caught so there's something that he might have missed and that's why he's caught and a great shock plus lesson for OP that trusting someone shouldn't be easy.
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When some persons does not understand the rules and the regulation of Bitcoin the person will say that bitcoin is a scam but when you have understand the system of Bitcoin most especially investment method of it you will desist from people who said that bitcoin is a scam, bitcoin can be scam when you don't know about it but when you know about it you will be more rejoice for on bitcoin because it will yield positive for your investment
sr. member
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Trust? If we speak about trusting someone when it comes to cryptocurrency, then we might end up trusting the wrong persons just like you did here. You are very lucky not to have been arrested along side him. Because some people would want to drag others along when the fall in this kind of situation. You should be mindful of whom you keep as friend or tell about you being a Bitcoiner.

Actually, when it comes to things like nobody should be trusted, things are happening now. You may think you told the safe person who will take out that information to another place, and you will see that you went and heard the information from another person, and from there, people will start knowing about you, thinking you are a scammer, or some can even conclude that you are a scammer.

And that’s why I'm into telling people that I’m into the cryptocurrency space like this, because the way you see that OP got luck and was not attested now, we never know what will come out of that his friend's mouth and that they may need him to come and talk about it, so it is better that we know who we keep as friends.
sr. member
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Many people are criminals in disguise and they are ruining bitcoin name by scamming people using Bitcoin as if it is a safe pass to scam people for free and get away with it, so no wonder that the government hates Mixers and privacy in this space, who is to be blame if not for our people who are criminals in disguise?

The world can never be a better place for scammers because they see opportunity to swindle people their money when they get the chance but you are talking about Bitcoin because you see it and it's been discussed, do you know the magnitude of fiat scams that is happening every day? Do you know how terrorism is been funded with fiat? Do you know how many fiat that is been stolen under the government every day? You don't see them because the government doesn't report that to you.

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Not all Bitcoin investors are real investors, some are just hiding and pretending to be Bitcoin real investors, even if they are close to you, it doesn't mean they are clean, many good people want privacy and mixers to prevail but I wonder how when bad people are taking advantage of these features to steal from others.

Scam originated from fiat, a lot of people are scam from fake dating, money washing, fake investment and many more. Read the story of Hushpuooy, you will understand how that guy was able to scam people using fiat and guess what, government never caught him for once not until he started showing off his wealth on Instagram, if that was Bitcoin transaction, people would have know the source and the final place it was spent.
legendary
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I am also not denying that scammers may have used bitcoin mixing services for clearing their trails still it is possible to track down in some way but privacy is someone's right and now governments are going after is a threat to everyone not just scammers.
I agree, what people need to understand is BTC and its privacy solutions are tools, just the way the internet is a tool, and people are going to use it both for good and bad. However we do not hear people asking for the internet to be banned, the way they want mixers and CoinJoin to be banned and for people not to use BTC privately. The sad part in all of this is that it is impossible to fight the government, so i don't think BTC privacy solutions will survive in a few years from now.
sr. member
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Scam over the internet is not really a new topic, but what made you shock is that someone who thought that you knew turned out to be a scammer, I can't blame bitcoin for his activity, when there are times there is no Bitcoin by that time what people used for scam? The centralized banking system right?

I am also not denying that scammers may have used bitcoin mixing services for clearing their trails still it is possible to track down in some way but privacy is someone's right and now governments are going after is a threat to everyone not just scammers.
sr. member
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The story from the OP made me realize that in cyberspace, there are also many people who change the concept of bitcoin to take advantage of people's trust to achieve their purposes.

Perhaps the legal issues in this field are really vague, causing many people to abuse it and exaggerate stories about making easy money, as well as not being subject to too much pressure from law enforcement agencies.

There are huge stories like the collapse of a certain exchange and leaving billions of dollars of investors unrecoverable, so the question is risk tolerance and also measures to prevent it for a clean environment. But honestly, everything will be very peaceful until a major incident appears, after all it is a part of life, where we discriminate against ourselves without relying on the core of equality, while those who are supposed to have the ability to gain our trust are never responsible enough to complete their work well. Perhaps through the lessons of fraud, we will have a more comprehensive view of the field and everything originates from each of us.
hero member
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At least you come to know that in the same conditions no one can really be trusted even if its friends or family because each head can be different in terms of intentions and what we think is the right person and a good person can have a bigger secret that we don't want others to know so we can't fully trust people, especially for financial and bitcoin issues because things like what you have encountered can happen .

In addition its still fortunate that you are also not used as an accomplice by your neighbor because if that happens you could also be carried away now .We need to realize that for now when talking about bitcoin, everyone who is in bitcoin will definitely race to get as many assets as possible and not a few people do it in a dirty way where fraud or hackers are launched to benefit and it could be that it is also around us even our closest people because we do not know the secrets that others hide .
legendary
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As you might have known, there are mixers that have been taken by FBI for a reason which can support money laundering by using mixers.
The U.S government make it seem like it is just a fight against money laundering, but i think they are also attacking BTC and its fungibility through all of this. Some of you think people should not use mixers if they do not have something to hide, but that is not true, everyone deserves privacy if they want it. The government is attacking BTC's privacy solutions because they want to know what everyone is doing with their coins anytime they move it.
legendary
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Ouch, that's a very unfortunate story. It's good you didn't bring that person to school to talk about Bitcoin. We can't know everything about our neighbours, and people posing as Bitcoin investors can, unfortunately, sometimes be scammers.
It's good that he got caught, and I hope some action will be taken to punish him for stealing from others and, ideally, to compensate the victims.
I don't know about mixers, but I'm just indifferent to them. I've never used them, and I don't know people who used them, so it just doesn't affect my bubble.
legendary
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It is really hard to trust anyone one no matter if it is online or in real life.
And yes there are people who would use crypto or Bitcoin to scam because of its anonymity or being decentralized, but that doesn't mean that everyone is a scammer just like in mixer not everyone who use it is using it for money laundering, there are others who just like to keep their identity or crypto hidden, it will all depends on how we use it.
Trust is a big word that depicts a deeper meaning. That does not mean that because you like the person, you have to give your trust right away. That’s probably the mistake of majority since they all come to trust quickly those new people around just because they are nice and they share the same opinions and ideas with you.

When it comes to money, trust should be given last. That is to protect yourself from being scammed and steal all your money, and to avoid those bad guys coming into your life so they won’t have chances to deceive and mess up with your hard-earned money.
sr. member
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To cut this story short, it turned out that my trusted neigboir whom I have few times vouched for to be a bitcoin investor is a online scammer who collect Bitcoin from his victims, until he was bursted 2 days ago, it was around 5am in the morning when the raid happened in our compound, I couldn't say anything about this since there is no concrete information about what he did yet until later.
The person is just your neighbor and you shouldn’t just trust him like that, I will tell you that if you ask most scammers what they are into, then they will tell you they are into bitcoin, but they are scammers, people like this are the once that makes people to think that bitcoin is only used for bad activities, don’t just believe people when they tell you they are trader’s or they are bitcoin investors, some of them are scammer.

I was so shocked because I don't look at him like this, I was still planning to go to a nearby secondary school with this neigbour of mine and teach students about bitcoin, I have already talked to their principal and he said he will give me a date when I can come.
I feel bad about this, but you shouldn’t be discouraged. Since your neighbor is no longer available, you should just go one to one to teach the children about bitcoin after the principal has given you a date to come. Don’t allow your neighbor being a scammer to discourage you from impacting the children.

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In this era of internet, trust has become a scarce commodity, because online activities are not done physically, so there's no way of knowing what your friends are really doing while holding their smart phones or staring at their computers, what you know is what they tell you. So we should really be careful how we trust people that we call our friends because they could have skeletons in their cupboards that we're not aware of, like the friend in the OP.

Personally I'm very careful about the people that I discuss my Bitcoin investment with, because I've heard the story where a guy told his friends about the value of Bitcoin that he had, that same day armed robbers visited him, they probably forced him to give them his seed phrase, I don't know.
The more this era gets more digital, the more we should be careful not to trust anyone easily. People can be deceiving with their looks and intentions, so if you are weak and quite ignorant as well, you will definitely fall on their traps. But if they have seen your smart and wise, then it will be hard for them to realize their goals.

Most especially when bitcoin is the topmost concern. People can act as if they’re interested and want to learn all about bitcoin as much as they can, but what we don’t know is that it’s already part of their plan, gaining our trust so we won’t play hard to get whenever they will put their plans into action.
legendary
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In this era of internet, trust has become a scarce commodity, because online activities are not done physically, so there's no way of knowing what your friends are really doing while holding their smart phones or staring at their computers, what you know is what they tell you. So we should really be careful how we trust people that we call our friends because they could have skeletons in their cupboards that we're not aware of, like the friend in the OP.

True that, not only people we meet online, even a close friend can betray us when it comes to money matters.  So it is very important to keep our financial capabilities hidden so that we can avoid people who have ill intention and greedy for money.

About @OP's story, I do not think that mixers have something to do with his scammer friend.  Good and bad people use mixers and other privacy services.  Good people have their own reason in using such a service and those bad people have their own reason too.  I do not think it is correct to generalize the mixer users as people hiding bad things.

@OP your friend will scam people since it is his nature so it does not matter whether the mixing service is available or not, your friend will still scam people.

legendary
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I was so shocked because I don't look at him like this, I was still planning to go to a nearby secondary school with this neigbour of mine and teach students about bitcoin, I have already talked to their principal and he said he will give me a date when I can come.

Honestly, I consider the majority of those who go to schools or organize seminars, or even online schools to educate beginners about Bitcoin and cryptocurrencies to be scammers at some point. I heard parts of such stories a couple of times and was appalled at how superficially everything is presented.
I guess you learned your lesson and that just because you know something more about the whole thing doesn't mean you should go somewhere and preach about it. You had a scammer right beside you without knowing it.
Otherwise, not everyone with a wallet and some satoshis in it is an investor.
legendary
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Let me give you some brotherly advice; Don't ever open up publicly about your involvement with cryptocurrencies because it can backfire on a lot of occasions, and besides, it is not safe at all.

You trusted the guy who was a scammer, you have been discussing Bitcoin and other stuff with him and he probably knew you were an investor and had cryptocurrencies. What if he was also a serious criminal who would do anything for money? He could rob you at gunpoint or even harm you only to get access to your funds because he knew you had them.

So, it is much better that you keep these things private and don't let anyone know about these things even if it's someone very close to you because you can't trust anyone in this world these days as you said.

Now that scammer is getting grilled by the police and he'll say anything to get out of there, even if it means implicating other people. He'll say OP was the brains behind the operation and told him about bitcoin and how to use it to launder money. It's best to keep things to yourself. I wouldn't even tell that to the police because they could be corrupt. They could search your place and steal computer hadrware thinking they can get whatever you have stored in there. Many people will see a bag of money with arms and legs when they see you talking about owning bitcoin.
legendary
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You inspired your neighbour to invest in Bitcoin, but instead of investing, he has been scamming people. It's true that those who know about both of you and that you were too closed would point to you as well. But actually, this isn't your mistake. When you are teaching something to others, it isn't necessary; they must be trusted. Because you can't estimate how trusted a person is, your neighbour would be trusted for some other sector or reason. But he came out as a scammer on crypto. There will always be some scammers, and that's how scammers are born. But we should keep adapting Bitcoin anyway. We can't find a trusted person. This is an unexpected scenario.
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You shouldn't just trust someone so easily that's why other people say that you should verify first before you trust them. As your story goes, you are lucky that your neighbor didn't include you as one of his accomplice and may have been go down with him. As you have said your neighbor really want to support mixers and even want you to use even though there's no reason why you should use it which means he has a plan or something like that since he wants to support mixers. As you might have known, there are mixers that have been taken by FBI for a reason which can support money laundering by using mixers.
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You are not at fault in any way; perhaps you never had the idea that he was a scammer. Incidents like this teach us not to trust anyone, especially with our investments. I hope you have not discussed your portfolio with him. In situations like this, the victim may want to victimize others who are his friends because he wouldn't want to be the one to go down alone. If perhaps the law in your country is not so friendly with Bitcoin and this kind of incident happened like this, the victim can choose to implicate you because he doesn't want to go down alone. People cannot just be trusted unless they're your biological siblings. Scammers will only want you to know their true identity if you are in the same game with them. 
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It is really hard to trust anyone one no matter if it is online or in real life.
And yes there are people who would use crypto or Bitcoin to scam because of its anonymity or being decentralized, but that doesn't mean that everyone is a scammer just like in mixer not everyone who use it is using it for money laundering, there are others who just like to keep their identity or crypto hidden, it will all depends on how we use it.
sr. member
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I mean pretty much most of the scammers and hackers are just like normal investors or people, you wouldn't really going to know if they are hackers or scammers since they not going to tell you about that, it's not like they are people that is not getting out of there houses, these people obviously blend in on other people and investors, probably even here right now there are probably a lot of scammers and hackers here we just doesn't know about it. I mean it wasn't like it is your fault for trusting him, the way I see it is you just trusted him since you think his a great Bitcoin investor which turned out to be wrong, I mean you have your experience on him and that turns out to be great that is why you vouched about him.

You could probably get involved there since you have a lot of conversations I suppose, and most of your conversations are probably about Bitcoin and investing as well, like you said you're the one who told him to store it on a hardware wallet. I guess the trick here is just to be anonymous and just not trust anyone because you just don't know it, I mean if you're actually sure about it that his not some kind of a scammer, I don't really recommend trusting anyone that you don't really know, I mean even though if it is your friend already don't fully trust them like getting or putting money on them.
sr. member
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You should have know by now that there is not trust in anything cryptocurrency or online transactions, even Bitcoin, some people are there just to spoil Bitcoin reputation and name For their own selfish interest, I am not surprised because I have seen so many people who created crypto trading plugs and exchanges they used to scam people and mostly they scam trusted users and close friends which is very bad.

Not all Bitcoin investors are real investors, some are just hiding and pretending to be Bitcoin real investors, even if they are close to you, it doesn't mean they are clean, many good people want privacy and mixers to prevail but I wonder how when bad people are taking advantage of these features to steal from others.
Some investors are just here for quick money, if they don’t make it quick, they end up going into scams just to make it quick. Mixers are not bad, but at the same time they are bad because that’s where scammers use to be untraceable if they scam people their bitcoins.
If you are clean, you can just buy from trusted p2p and save them in your wallet, no need of moving them to mixers.
hero member
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When it comes to money, many people reveal a completely different side.
off topic: That's the reason why lending out cash to people these days is a work of faith.
To cut this story short, it turned out that my trusted neigboir whom I have few times vouched for to be a bitcoin investor is a online scammer who collect Bitcoin from his victims, until he was bursted 2 days ago, it was around 5am in the morning when the raid happened in our compound, I couldn't say anything about this since there is no concrete information about what he did yet until later.
He's been into that for as long as he realized he could use his cellphone to convince gullible people to sending their coins.. where exactly is the problem then? Who am I to blame for the lost coin, the scammer or the witless fellow behind every wallet?..
If you haven't realized how daft some people can be, now lemme tell you; I saw an intriguing post on Twitter. The dude be complaining about how he's missed the arrangement of a few words in his seed phrase, of a wallet that contains atleast $10k worth of crypto. He decided to drop the seed phrase in (his own arrangement) asking that People helped him.
sr. member
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I know it's hard to trust someone and people do a lot of fraudulent activities online, but don't you think you're being too hasty in your conclusion? Your neighbour is alleged to have defrauded some foreigners, he hasn't been convicted yet. It could be that he received funds from an address linked to a fraudster. I'm just saying and you can't rule out such possibility.

Many people are going to hate me for this but I don't blame the law for going after mixers and privacy featured wallets in crypto space, if you believe that you are clean it is only to yourself, the other users might not, you really can't tell who to trust or not.
I don't think mixers are not entirely bad. People use it because they want to enhance their privacy and to stay anonymous. Just as we are using cryptocurrency so are bad actors also using it, does that make us criminals?
sr. member
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In this era of internet, trust has become a scarce commodity, because online activities are not done physically, so there's no way of knowing what your friends are really doing while holding their smart phones or staring at their computers, what you know is what they tell you. So we should really be careful how we trust people that we call our friends because they could have skeletons in their cupboards that we're not aware of, like the friend in the OP.

Personally I'm very careful about the people that I discuss my Bitcoin investment with, because I've heard the story where a guy told his friends about the value of Bitcoin that he had, that same day armed robbers visited him, they probably forced him to give them his seed phrase, I don't know.
legendary
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Many people are going to hate me for this but I don't blame the law for going after mixers and privacy featured wallets in crypto space, if you believe that you are clean it is only to yourself, the other users might not, you really can't tell who to trust or not.
Cash is also used to commit crime, and fraudsters have been stealing from people and covering their traces long before BTC became a thing. Do you go about telling people how much you have in your bank account, the same way i should have the right to keep my BTC holdings private and not have it linked to my real identity. There is nothing wrong in using BTC privately and nothing can make me think otherwise, and surely not this story you just told.
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That's why we must be able to maintain privacy well and not talk about Bitcoin ownership carelessly. With increasingly strict government regulations on crypto, it makes us have to be more careful with everyone around us. People close to us and we trust them may turn around and will no longer be with us.

We can tell about crypto but not the secrets we have because that is our privacy. We have to keep it safe, including not saying we have Bitcoin. We cannot blame the government because they want to maintain control of everything in their hands.

By remaining careful when storing Bitcoin, we will be safe and not encounter problems. We also have to be able to protect ourselves, and it is not easy to say anything about our privacy. Everyone has their own goals, and we can't blame them. The important thing is that we do not violate existing regulations.
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Many people are going to hate me for this but I don't blame the law for going after mixers and privacy featured wallets in crypto space, if you believe that you are clean it is only to yourself, the other users might not, you really can't tell who to trust or not.

Many people are criminals in disguise and they are ruining bitcoin name by scamming people using Bitcoin as if it is a safe pass to scam people for free and get away with it, so no wonder that the government hates Mixers and privacy in this space, who is to be blame if not for our people who are criminals in disguise?

Not all Bitcoin investors are real investors, some are just hiding and pretending to be Bitcoin real investors, even if they are close to you, it doesn't mean they are clean, many good people want privacy and mixers to prevail but I wonder how when bad people are taking advantage of these features to steal from others.
If that is what you think, I do not blame you as this is an experience that was simply too close for you to remain indifferent about, and you may even think that you were lucky to not get your reputation ruined as you talked with this person often about bitcoin, however to me this seems more as a cautionary tale about being more mindful about the kind of people we discuss bitcoin with, as you have no way to know who you really are talking to.
legendary
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Criminals definitely use privacy tools as a shield to protect themselves from the law enforcement, nobody can deny it... It is definitely a tough topic for me too because I too can't convince myself if we really need to have full online privacy. We are able to create anonymous nicknames for our social media/forum accounts and that gives some privacy but when we commit a crime, the police can find out our real identity quite easily. That's a very basic privacy option and it works to some degree. People who demand the hardest privacy tool are usually the ones that do something the gov isn't going to like. I also never understand why would a normal guy want to mix his/her coins unless he has some tainted coins or he/she is a scammer/criminal. When a person who got his coins from a legit source like an exchange or mining and uses coin mixing, he literally helps these bad people to wash their money, isn't it? It doesn't make sense at all.
hero member
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To cut this story short, it turned out that my trusted neigboir whom I have few times vouched for to be a bitcoin investor is a online scammer who collect Bitcoin from his victims, until he was bursted 2 days ago, it was around 5am in the morning when the raid happened in our compound
Look, how exactly mixers help your friend in this case? if mixers really help criminal to stay anonymous/undetected, why he can get caught? I don't see mixers should be blamed in this case, actually mixers didn't help him.

Why don't you ask questions, this guy has been scamming for many years and robbing a lot of people's money. But because he used a mixer, the police had difficulty arresting him and accidentally let him commit fraud for many years. If mixers are really as harmless as you say, then why is the government so determined to eliminate them?

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Many people are going to hate me for this but I don't blame the law for going after mixers and privacy featured wallets in crypto space, if you believe that you are clean it is only to yourself, the other users might not, you really can't tell who to trust or not.
Nope, I don't blame you to teach/discuss about mixers.

Many things are two edged sword, if a mother teach a kids to use knife to cut apples, but this kids stabbed someone using knife, is the mother a criminal and should going to jail?

But I agree with you, mixers, bitcoin or fiat...all are not at fault and all those scams come from human behavior. The scammers are the ones responsible and the people who lost money also have some responsibility because if they weren't greedy then no one could have scammed them.
hero member
Activity: 1498
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So first he after the act of deceiving foreigners stored his stolen BTC on the exchange? Then after you told about the hardware in storing BTC there? Logically when he succeeded in deceiving many people, of course he couldn't have stored bitcoins in a third party in the first place, but I certainly don't know the exact reason.

I don't think anyone needs to hate you because you are not involved at all the neighbor just has bad intentions without involving you while you may not know at all, then it's his fault but from his arrest the reason for suspicion is because of what? Has anyone been lurking for a long time?

What is clear is that the use of the mixer is to obscure his bitcoin so that it is difficult to identify, but fraudsters always have loopholes to break bitcoin anywhere.
sr. member
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You don't need to blame yourself for the case that happened to your neighbor, he has chosen his own path in an incorrect way and will be responsible for all the crimes he has committed so far. You are still lucky because you only share knowledge with him and are not involved in any cases of fraud that he commits. He deserves to be punished for his actions which have tarnished Bitcoin's image in the eyes of society, people like this need to be eradicated so that Bitcoin is not always dragged into things that cause other people to lose.
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Now I sat back and think about a few arguments we had in the past, remember when the forum stop supporting mixers? It was in that period, he was so supportive of mixers like it is a must but I kept saying that I have no reasons to use mixers, I could have been suspicious of him then but I trusted him.

Many people are going to hate me for this but I don't blame the law for going after mixers and privacy featured wallets in crypto space, if you believe that you are clean it is only to yourself, the other users might not, you really can't tell who to trust or not.
When few criminals use a service, it doesn't make such a service bad. I am not a criminal but I am a full supporter of Bitcoin mixing services. I don't want anybody including the government to monitor or know about my financial transactions. Is privacy now a criminal offence? Why didn't the government close banks that engaged in money laundering?    

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Many people are criminals in disguise and they are ruining bitcoin name by scamming people using Bitcoin as if it is a safe pass to scam people for free and get away with it, so no wonder that the government hates Mixers and privacy in this space, who is to be blame if not for our people who are criminals in disguise?

Not all Bitcoin investors are real investors, some are just hiding and pretending to be Bitcoin real investors, even if they are close to you, it doesn't mean they are clean, many good people want privacy and mixers to prevail but I wonder how when bad people are taking advantage of these features to steal from others.
The highest amount of scams in my country is through fiat. The Bitcoin space is not the only area that has scammers. Scams and other criminal activities are prevalent in almost all sectors of the world. Has the use of guns for criminal activities made the government stop gun possession? The government's responsibility is to increase enlightenment programmes about cybersecurity to help people avoid scams.
hero member
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Many people are criminals in disguise and they are ruining bitcoin name by scamming people using Bitcoin as if it is a safe pass to scam people for free and get away with it, so no wonder that the government hates Mixers and privacy in this space, who is to be blame if not for our people who are criminals in disguise?

Not all Bitcoin investors are real investors, some are just hiding and pretending to be Bitcoin real investors, even if they are close to you, it doesn't mean they are clean, many good people want privacy and mixers to prevail but I wonder how when bad people are taking advantage of these features to steal from others.
You don't have to blame yourself my friend, because anybody is likely to have acted the same way you did in ignorance believing he was truly a Bitcoin investor, not knowing he was an internet scammer in disguise who scammed people through Bitcoin, while using mixers so as to make his transaction untraceable. But I'm happy he got caught by Law enforcement agents. And I think this should be a lesson to each and every one of us here on this forum not to totally believe anybody, be it relative or friends who though we knew for a long time, but only to travel and came back rich, not to doubt his source of income. Because one thing Iife have been able to teach me is that true wealth don't come overnight, but gradually.
sr. member
Activity: 476
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Trust? If we speak about trusting someone when it comes to cryptocurrency, then we might end up trusting the wrong persons just like you did here. You are very lucky not to have been arrested along side him. Because some people would want to drag others along when the fall in this kind of situation. You should be mindful of whom you keep as friend or tell about you being a Bitcoiner.
You took this words out of me and to be frank, there are many links that would have implicated the OP in this matter and from my experience with the authorities, he might still be called to answer some questions unless he is from a country that is friendly with bitcoin. What the authorities will be looking at will be how the crime was being carried out and who were the people that shared the knowledge to the suspect. Somehow along the line, they will try to know if he acted alone or in connivance with others and the OP might be mentioned as those who helped him perfect his crime. I do not pray it get to that point but this should serve as a lesson to us that we should be careful who we share the knowledge of bitcoin with because some people always look for opportunity to corrupt what is real and genuine.

legendary
Activity: 2072
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When it comes to money, many people reveal a completely different side. Therefore, of course, we must bring information to the world about Bitcoin, but we cannot save the world from scammers. Your goals to help your neighbor were good, but now, having gained experience from the other side, you need to be more attentive to the people you trust with something. The mere fact that you own Bitcoin is already a red rag for someone to one day rob you. But if you also teach, these people, having fallen into a trap with the authorities, can drag you into their network and call you a teacher. Therefore, remember that your tongue is sometimes your enemy. And silence is always gold.
sr. member
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That's really sad to see your trusted neighbor turned it like that, you really can see people's real true color with money involved, the bad thing is you vouched for him/her and many people will might think that you might scammed them too especially you are really into crypto -in other word it would likely hard to gather their trust again regarding crypto even though your goal is to educate them.

By the way I still like your advocacy to teach crypto in schools, kudos!
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This is one of the reasons you should be very private with regards to Bitcoin topics... he could have even stolen from you
legendary
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Many people are criminals in disguise and they are ruining bitcoin name by scamming people using Bitcoin as if it is a safe pass to scam people for free and get away with it, so no wonder that the government hates Mixers and privacy in this space, who is to be blame if not for our people who are criminals in disguise?
Following your logic, you too may turn out to be a potential criminal, just because you use bitcoin or a mixer. It seems to me that the criminal influence of bitcoin is greatly exaggerated, as is the opinion that mixers are necessarily used for criminal purposes.

Governments hate privacy and mixers for completely different reasons. Governments want to maintain a monopoly on the issue and regulation of money, a monopoly on privacy (only they are allowed to allocate millions of money for unknown expenses and hide everything under the heading “secret”) and want to control any financial transactions between people (as well as safely collect taxes for each money movement).

Not all Bitcoin investors are real investors, some are just hiding and pretending to be Bitcoin real investors, even if they are close to you, it doesn't mean they are clean, many good people want privacy and mixers to prevail but I wonder how when bad people are taking advantage of these features to steal from others.
The knife has claimed the lives of many people, but is this a reason to completely ban the sale of kitchen, tourist, craft and other knives? The use of mixers by some users for criminal purposes doesn't give rise to a total ban on mixers. This problem needs to be addressed in a way other than depriving most good users of their privacy tool.
legendary
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Do not trust, verify.

There are the types of conversations you have with some random people about Bitcoin and the technologies around that you can just smell something fishy. Too many support for seemly illegal services, curious questions on how to bypass illegal services etc it should be enough to walk away from these conversations.

All Bitcoin investors cannot be genuine. There will always be the bad eggs who have chosen that way of life. Caught off every communication with them and keep them at arms length soon they will meet their waterloo. And that will be when the FBI, Interpol and local security will come for their arrest.


In all conversation that involves about money and investment, learn not to trust easily, otherwise you will fall as a new victim as well. But sometimes, scammers tend to be smarter than us. They won’t argue with us so that we’ll eventually feel that we’re on the same side. But in reality, they’re just waiting for us to finally fall on their traps. So it pays to be more careful and cautious with our actions and decisions that involve about money and investments. And obviously trust no one, that’s the only way that we can protect our own funds from stealing.
hero member
Activity: 672
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Trust is not something one can easily place on a person just by looks or how well you communicate or talk, it is something a person earns after undergoing certain tests and after observing for a long time. Even close friends or relatives can’t be trusted easily so trusting a neighbor of yours easily is not ideal but i don’t blame you though.

There are lots of criminals around now and it is difficult to tell when you see them that why it is important not to share personal information with just anyone. You are even lucky you didn’t disclose any useful information to him that he could have used against you. These kind of people have always given Bitcoin and cryptocurrency a bad name and they are the reason why many are still scared to adopt it and this is the reason why governments are reluctant to accept bitcoin and cryptocurrencies. They believe they criminals will hide behind use of cryptocurrency and with this government now have another reason to fight against the use of cryptocurrency, these set of people really tarnish the image of cryptocurrency because they are giving it a bad name.

Criminal have always been around even before the existence of bitcoin and will still be around even if bitcoin doesn’t exist so even if cryptocurrency is banned criminals will still find other means to stay around so government only using this as an excuse to do away with cryptocurrency.
sr. member
Activity: 1288
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Let me give you some brotherly advice; Don't ever open up publicly about your involvement with cryptocurrencies because it can backfire on a lot of occasions, and besides, it is not safe at all.

You trusted the guy who was a scammer, you have been discussing Bitcoin and other stuff with him and he probably knew you were an investor and had cryptocurrencies. What if he was also a serious criminal who would do anything for money? He could rob you at gunpoint or even harm you only to get access to your funds because he knew you had them.

So, it is much better that you keep these things private and don't let anyone know about these things even if it's someone very close to you because you can't trust anyone in this world these days as you said.
hero member
Activity: 742
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To cut this story short, it turned out that my trusted neigboir whom I have few times vouched for to be a bitcoin investor is a online scammer who collect Bitcoin from his victims, until he was bursted 2 days ago, it was around 5am in the morning when the raid happened in our compound
Look, how exactly mixers help your friend in this case? if mixers really help criminal to stay anonymous/undetected, why he can get caught? I don't see mixers should be blamed in this case, actually mixers didn't help him.

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Many people are going to hate me for this but I don't blame the law for going after mixers and privacy featured wallets in crypto space, if you believe that you are clean it is only to yourself, the other users might not, you really can't tell who to trust or not.
Nope, I don't blame you to teach/discuss about mixers.

Many things are two edged sword, if a mother teach a kids to use knife to cut apples, but this kids stabbed someone using knife, is the mother a criminal and should going to jail?
hero member
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Do not trust, verify.

There are the types of conversations you have with some random people about Bitcoin and the technologies around that you can just smell something fishy. Too many support for seemly illegal services, curious questions on how to bypass illegal services etc it should be enough to walk away from these conversations.

All Bitcoin investors cannot be genuine. There will always be the bad eggs who have chosen that way of life. Caught off every communication with them and keep them at arms length soon they will meet their waterloo. And that will be when the FBI, Interpol and local security will come for their arrest.

sr. member
Activity: 2618
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My neighbour have been scamming some foreigners for the past years as per the information I got from one of the hunt squad and he is storing the Bitcoin in a hardware wallet, funny thing is I was the one that gave him the idea to store Bitcoin in hardware wallet so keep it safer.

I am glad that you weren't pointed as one of his accomplices. People might think that you were in on this too since you were kind of close and you are both Bitcoin investors. You'd probably have to check whether you both had any transaction with each other and whether this can be used by officials to track anyone and have them checked and investigated.

These are the very same people who tarnish the bitcoins image that's why many still refuse to acknowledge.
sr. member
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Trust? If we speak about trusting someone when it comes to cryptocurrency, then we might end up trusting the wrong persons just like you did here. You are very lucky not to have been arrested along side him. Because some people would want to drag others along when the fall in this kind of situation. You should be mindful of whom you keep as friend or tell about you being a Bitcoiner.

Though we all know that mixers were initially created to improve privacy for bitcoiners but some people have decided to spoil the good use of mixers and give it  bad names. We can't blame the government for going after mixing services because if they are all left unregulated, things may go out of hand. A lot of criminals will turn mixers into their den of illicit activities. So it's all for the best.
hero member
Activity: 686
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To cut this story short, it turned out that my trusted neigboir whom I have few times vouched for to be a bitcoin investor is a online scammer who collect Bitcoin from his victims, until he was bursted 2 days ago, it was around 5am in the morning when the raid happened in our compound, I couldn't say anything about this since there is no concrete information about what he did yet until later.

I was so shocked because I don't look at him like this, I was still planning to go to a nearby secondary school with this neigbour of mine and teach students about bitcoin, I have already talked to their principal and he said he will give me a date when I can come.

My neighbour have been scamming some foreigners for the past years as per the information I got from one of the hunt squad and he is storing the Bitcoin in a hardware wallet, funny thing is I was the one that gave him the idea to store Bitcoin in hardware wallet so keep it safer.

Now I sat back and think about a few arguments we had in the past, remember when the forum stop supporting mixers? It was in that period, he was so supportive of mixers like it is a must but I kept saying that I have no reasons to use mixers, I could have been suspicious of him then but I trusted him.

Many people are going to hate me for this but I don't blame the law for going after mixers and privacy featured wallets in crypto space, if you believe that you are clean it is only to yourself, the other users might not, you really can't tell who to trust or not.

Many people are criminals in disguise and they are ruining bitcoin name by scamming people using Bitcoin as if it is a safe pass to scam people for free and get away with it, so no wonder that the government hates Mixers and privacy in this space, who is to be blame if not for our people who are criminals in disguise?

Not all Bitcoin investors are real investors, some are just hiding and pretending to be Bitcoin real investors, even if they are close to you, it doesn't mean they are clean, many good people want privacy and mixers to prevail but I wonder how when bad people are taking advantage of these features to steal from others.
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