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Author Topic: Bitcoin, Dark Web, Drugs and Government.  (Read 1147 times)
Eugenar
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December 19, 2019, 06:21:01 PM
 #121

Philippines is already a troubled place with all the fights between drug lords, terrorists and government people, there is no doubt that lots of these negative people are using crypto to launder there money in. Governments may try regulate with serious measures in order to stop the activities. Its a serious concern which should be discussed in order to grow as a community.

In addition, online learning for the sake of regulation will not be enough at these days. We need seminars to educate the people and activities for them to be knowledgeable on how to use bitcoin and cryptocurrency properly. Because actually with the current status of Bitcoin, it is very hard to make people use it in legal ways especially if they are doing illegal acts already. And we all know, how important it is to make cryptocurrency spending wise is because even a single illegal use of it might lose the trust of many people, those that are just starting to adopt to cryptocurrency.
suvo05
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December 19, 2019, 06:43:30 PM
 #122

Philippines is already a troubled place with all the fights between drug lords, terrorists and government people, there is no doubt that lots of these negative people are using crypto to launder there money in. Governments may try regulate with serious measures in order to stop the activities. Its a serious concern which should be discussed in order to grow as a community.

In addition, online learning for the sake of regulation will not be enough at these days. We need seminars to educate the people and activities for them to be knowledgeable on how to use bitcoin and cryptocurrency properly. Because actually with the current status of Bitcoin, it is very hard to make people use it in legal ways especially if they are doing illegal acts already. And we all know, how important it is to make cryptocurrency spending wise is because even a single illegal use of it might lose the trust of many people, those that are just starting to adopt to cryptocurrency.

We should not blame cryptocurrencies for their illegal way at all. Everything can be used legally as well as illegally. We need to teach people to use things for human benefits.
For the illegal usage of BTC in Drug, BTC is just a mode of transaction. And if it possible to restrict BTC for those things, the illegal users will move onto a new mode of transaction. So it will be better if the Gov look to stop the addiction of drug rather than imposing restrictions on the medium of transactions.

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January 31, 2020, 11:18:01 AM
 #123

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I'm not with the these drug syndicates but TBH, they are already late when it comes to the new technology.

In some countries, there are many syndicates that are already using cryptocurrency to buy anything from drugs to guns to gruesome videos etc.
Now I'm thinking, these drug syndicates will push the government to know anything about cryptocurrencies since our government isn't involved in anything related to crypto. Philippine government will be aware that these kind of things are existing and it is because of these syndicates. The problem is that they can't stop them from transacting to other people to buy but they can stop them from spreading the drugs to the pushers.

I'm not against the war on drugs by our President and I see that the government right now is giving more time to drugs compare to our previous administration however, it is not enough to stop all of these. Drugs are already spread across the country and to stop it, I don't see any solution to it. It is like a virus that has already spread nationwide and there is no cure for it.

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Sanugarid
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January 31, 2020, 01:25:19 PM
 #124

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I'm not with the these drug syndicates but TBH, they are already late when it comes to the new technology.

In some countries, there are many syndicates that are already using cryptocurrency to buy anything from drugs to guns to gruesome videos etc.
Now I'm thinking, these drug syndicates will push the government to know anything about cryptocurrencies since our government isn't involved in anything related to crypto. Philippine government will be aware that these kind of things are existing and it is because of these syndicates. The problem is that they can't stop them from transacting to other people to buy but they can stop them from spreading the drugs to the pushers.

I'm not against the war on drugs by our President and I see that the government right now is giving more time to drugs compare to our previous administration however, it is not enough to stop all of these. Drugs are already spread across the country and to stop it, I don't see any solution to it. It is like a virus that has already spread nationwide and there is no cure for it.
These are maybe correlated with each other, I can say that because there are drugs selling at dark web right? but how are they gonna acquire that? What is their payment method? Bitcoin of course. They can use bitcoin as a payment method when buying drugs on the dark web. We all know that there are lots of illegal that are happening at the dark web not only drugs. But why is the government belong to these terms? Maybe because the first thing comes on their mind is that bitcoin is also illegal they do not know what bitcoin is really about. That is maybe because of these dark web and drugs relation. The government are banning bitcoin maybe because of that, they are thinking that it can only use through illegal transactions.

alexsandria
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January 31, 2020, 03:57:24 PM
 #125

Dark web and also the deep web is a different world and it is so hard to have an access on it and because of this the drug transactions are being made here in order to transact country over country without noticing by the government and this is the most dangerous part here. If a large of people are having a transactions like this in the deep world of internet then it is really hard for the government especially with the police to point out how they are transacting it and who are those person who are involved here.
Let's be honest that in the internet world it is really hard to find out those criminals especially drug syndicates and people who are making bad things because the internet world has a lot of holes to get out.

FAHRKERIM
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January 31, 2020, 04:08:58 PM
 #126

The problem of drug traffic and huge role that Bitcoin plays in it can be solved by legalization (as well as dozens of other problems). People of power doesn't wanna change that but they blame Bitcoin for being part of the problem. This is appaling and must be stopped, I hope big pharma and alcohol/tobacco indstries will finally give in, this'll 100% lead to a healthier society.
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