TastyChillySauce00
Legendary
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Activity: 3570
Merit: 1052
Leading Crypto Sports Betting & Casino Platform
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Today at 05:03:58 AM |
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We all know that the amount of criminal activity with bitcoin or cryptocurrency is much less than with fiat currency. But for this, I will not just say that fiat currency is mainly responsible for all these crimes and at the same time, we must agree with it that no crime is committed for bitcoin. In fact, those who commit crimes cannot be measured by any specific thing, their only identity is that they are criminals. Here I would like to mention another logical point that bitcoin is like a weapon that has both good and bad sides. Just like the same weapon is used by the police to protect people, the same weapon is used by criminals to commit crimes or pose a threat to people. Now, the evil ones are basically those of us who do evil things. I don't see any logic in blaming anyone, fiat or bitcoin, here. Now the blame lies primarily with those of us who commit crimes. I don't see any logic in blaming fiat or bitcoin.
People put blame on tool out of disdain. A tool is a tool and bitcoin won't spend itself. Instead of blaming tool we should've come up with solution to prevent crime not just blaming bitcoin. Anyone who blame bitcoin and call it from criminal is just finding a way to fud bitcoin. The bitcoin haters who come to understand bitcoin most of the time become a bitcoin maxi like saylor. People blame bitcoin because they don't understand how it works and possibly have ulterior purpose such as shorting bitcoin behind the scene.
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impulse709
Full Member
 
Offline
Activity: 698
Merit: 156
Bet25.com - Smart Crypto Casino
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Today at 06:11:40 AM |
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We all know that the amount of criminal activity with bitcoin or cryptocurrency is much less than with fiat currency. But for this, I will not just say that fiat currency is mainly responsible for all these crimes and at the same time, we must agree with it that no crime is committed for bitcoin. In fact, those who commit crimes cannot be measured by any specific thing, their only identity is that they are criminals. Here I would like to mention another logical point that bitcoin is like a weapon that has both good and bad sides. Just like the same weapon is used by the police to protect people, the same weapon is used by criminals to commit crimes or pose a threat to people. Now, the evil ones are basically those of us who do evil things. I don't see any logic in blaming anyone, fiat or bitcoin, here. Now the blame lies primarily with those of us who commit crimes. I don't see any logic in blaming fiat or bitcoin.
People put blame on tool out of disdain. A tool is a tool and bitcoin won't spend itself. Instead of blaming tool we should've come up with solution to prevent crime not just blaming bitcoin. Anyone who blame bitcoin and call it from criminal is just finding a way to fud bitcoin. The bitcoin haters who come to understand bitcoin most of the time become a bitcoin maxi like saylor. People blame bitcoin because they don't understand how it works and possibly have ulterior purpose such as shorting bitcoin behind the scene. I totally concur with your point of view. Bitcoin is merely an instrument, such as cash, credit card, or even a gun. It does not engage in crime-men do. The problem lies in human behavior and not on the technology that lies behind it. Criminality attributed to Bitcoin is just fear, lack of understanding or even manipulation as seen with those who are interested in the negative image, just to gain. The best solution is not to declare Bitcoin as a criminal but to devise more appropriate policies and mechanisms to curb bad use although not to ban its legitimate usage. The most important is education and knowledge, since the majority of Bitcoin sceptics just do not understand the work of this cryptocurrency.
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rojan
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Today at 07:10:12 AM |
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Due to its privacy nature, some countries make Bitcoin illegal, because it will have a detrimental impact on the country, one of which is being tax-free apart from criminal transaction activities, Bitcoin has two positive and negative directions, it depends on how we treat Bitcoin. There is no right answer whether Bitcoin is good or not because there are various reasons.
I expected you to state the positive and negative reasons of Bitcoin, Bitcoin investment have proven to the top investment in this era and there's no negative feedback that can stop it. Bitcoin is money and money can be use for anything, why are people now tagging Bitcoin as a tool for criminality when Bitcoin is not even up to 20 years in existence. It's just another negative comment from haters and government to discredit Bitcoin investment. Meanwhile, fiat and other form of payment has been in existence for long, and the government used them to steal from the people, criminals also use fiat for ransom payment. So that the target is on Bitcoin. When I see such comment, I just skip because it has not meaning. The argument about the use of Bitcoin as a criminal tool is a misleading simplistic statement. The Bitcoin is neutral, like any money, and its application solely relies on the motives of the owner. Corruption, money laundering, ransom and even large-scale misuse of the government have been known to involve the use of fiat currencies decades before, and they are scarcely ever criticized to the same extent. Bitcoin is not a very old industry, and although it is less than 20 years old, it is frequently targeted due to its challenge to traditional financial control. Despite its advantages and disadvantages, one cannot overlook such benefits of bitcoin as financial liberty, international transactions, transparency, and high long-term investment returns. There is criminal abuse, which is not the technology. It is not Bitcoin, but people that are the problem.
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laijsica
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Today at 08:08:21 AM |
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Bitcoin cryptography technology makes it unique and extraordinary. Considering its initial initial stage, it was known as an alternative to physical investment and an alternative outside the traditional financial system. Gradually Bitcoin has become a digital asset due to its unique features which are structurally strong. The anonymous nature of transactions and personal transactions has further increased the acceptance of this asset. And it has become a store of value.
If someone chooses Bitcoin for financial transactions by hiding their identity, no financial system can be responsible for it. There are different types of crime strategies in a country, so criminals often use traditional financial systems. No one is responsible for the use of money for crimes. The government enforces laws to maintain order in the country. I think a class of critics have a negative perception of this alternative financial system that is not right.
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Dzwaafu11
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Today at 08:48:08 AM |
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You know, Bitcoin's got this whole privacy thing going on, and people are like, Oh, it's a haven for criminals, But let's be real, privacy is a fundamental human right, Bitcoin is all about giving people freedom and access, no matter who you are or where you're from. It's not discriminating, it's just providing a service.
Sometimes I don’t really blame people if they talk something like this about bitcoin, because if you look at it, you will see that this are people who know anything about it, and the cryptocurrency space at large. Anyone who know about bitcoin and how it operate, won’t talk bad about it, it’s also the same the same with some people that say bitcoin investment is too risk, that they can’t unvest in it, this is because they lack the knowledge. The cryptography behind Bitcoin is amazing, It's like, super safe and encrypted, so you know your transactions are protected. And let's be honest, if Bitcoin didn't have this privacy feature, we'd probably be seeing a lot more cyber attacks and stuff.
This is because they have the knowledge, I know someone who don’t like anything about cryptocurrency because of the risk that it has, but after sometimes he started hearing about bitcoin and how the crypto space have been positive in people’s life she also engage in it, and right now he’s enjoying it, than many other people. so it’s normal when people talk about bitcoin this way, it’s because they don’t have the knowledge.
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Graph001
Member

Offline
Activity: 98
Merit: 16
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Today at 08:57:51 AM |
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We all know that the amount of criminal activity with bitcoin or cryptocurrency is much less than with fiat currency. But for this, I will not just say that fiat currency is mainly responsible for all these crimes and at the same time, we must agree with it that no crime is committed for bitcoin. In fact, those who commit crimes cannot be measured by any specific thing, their only identity is that they are criminals. Here I would like to mention another logical point that bitcoin is like a weapon that has both good and bad sides. Just like the same weapon is used by the police to protect people, the same weapon is used by criminals to commit crimes or pose a threat to people. Now, the evil ones are basically those of us who do evil things. I don't see any logic in blaming anyone, fiat or bitcoin, here. Now the blame lies primarily with those of us who commit crimes. I don't see any logic in blaming fiat or bitcoin.
People put blame on tool out of disdain. A tool is a tool and bitcoin won't spend itself. Instead of blaming tool we should've come up with solution to prevent crime not just blaming bitcoin. Anyone who blame bitcoin and call it from criminal is just finding a way to fud bitcoin. The bitcoin haters who come to understand bitcoin most of the time become a bitcoin maxi like saylor. People blame bitcoin because they don't understand how it works and possibly have ulterior purpose such as shorting bitcoin behind the scene. You are right that the tool Bitcoin is a tool depends only on its user. If you use it for good, then it is definitely good and if you use it for bad, then it is bad. Bitcoin does not move or cheat on its own, it has no will of its own. One has to choose how to use it. Those who do not understand Bitcoin properly blame it. It is transparent and all transactions are recorded in the public ledger. My question to those who think Bitcoin is a tool for criminals is, was there ever a crime before Bitcoin came? Many people are spreading fear hoping to profit from the market crash. Society should implement better education and stricter laws to stop the abuse. Because you can never punish the tool, the criminal must be punished. There is no guarantee that crimes will not happen without Bitcoin, so blaming Bitcoin is nothing but foolishness.
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Bitcoin_people
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Today at 11:49:28 AM |
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Every positive impact will have a negative impact, so you need to learn about each issue and accept only the positive side. Anyone involved in crime can commit a crime in any way if given the opportunity. Focusing on a specific issue is purposeful.
In this case, it is important to change the perspective. If Bitcoin is an asset or if we compare it with money, I will say that there are various types of misdeeds done with fiat, which no one can do anything about despite knowing it. It is easy for those who want to do illegal things through Bitcoin. Because it is not possible to easily transfer money from one country to another through fiat, but if someone wants to, they can do it quickly through Bitcoin. That is why I agree with you that it has both positive and negative aspects. Those of us who want to use Bitcoin, if we use it for good, it will benefit us, and if bad or illegal things are done, that user is responsible. We know that most of the crimes and illegal activities are mostly done through fiat currency, in history we can see that when Bitcoin did not exist, various types of abuse were done with this fiat currency. So now I will not take it very well if Bitcoin is abused because those who have the same mentality do that. There are some people who invest in Bitcoin and they keep it for a long time and do not do any criminal transactions, but those whose plans are illegal do illegal things. However, the only difference between Bitcoin and Fiat is that it is very easy to transact with Bitcoin around the world but it is not possible with fiat currency. So we can say that Bitcoin is not a moral truth, rather people are moral beings and it will work the way they use Bitcoin. For those of us who use it consciously, transparently and with a long-term perspective, Bitcoin is a powerful and beneficial system.
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purple_sparkles
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Today at 12:01:26 PM |
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It’s foolish to claim that bitcoin is a tool for criminals, because criminals use many of the benefits of our civilization. They use fiat money, bitcoin, and even gold. Yet we don’t react so aggressively to other tools criminals use, and no one is trying to ban or discredit them. The fact that bitcoin allows fast and easy transactions and makes it possible to send money to any country doesn’t change much, there have always been plenty of ways to do that long before bitcoin existed.
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ndutndut
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Today at 12:58:09 PM |
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People put blame on tool out of disdain. A tool is a tool and bitcoin won't spend itself. Instead of blaming tool we should've come up with solution to prevent crime not just blaming bitcoin.
Anyone who blame bitcoin and call it from criminal is just finding a way to fud bitcoin. The bitcoin haters who come to understand bitcoin most of the time become a bitcoin maxi like saylor. People blame bitcoin because they don't understand how it works and possibly have ulterior purpose such as shorting bitcoin behind the scene.
Absolutely true. People who blame Bitcoin are essentially either receiving incomplete information or simply don't understand how it works. Because when it comes to banking crime, many people blame money for committing crimes and many other things. It's undeniable that Bitcoin is used for crimes, such as financing terrorism and other things. But you must also be fair in assessing Bitcoin holistically that's only a small part of what validates Bitcoin's privacy based function for committing crimes. It's better to assess Bitcoin's value holistically considering its benefits for everyone, not just the few who misuse it. Bitcoin's benefits far outweigh its harms. This is the same with fiat in fact fiat isn't just blind to the users but also to the system itself.
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JaredIbrahim
Newbie
Offline
Activity: 14
Merit: 4
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Today at 02:12:30 PM |
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It’s true—privacy isn’t a crime, it’s a shield. The same encryption that protects your freedom also protects your safety. Bitcoin doesn’t create criminals any more than roads create getaway drivers. It’s a neutral tool, but its privacy bends toward empowerment: giving people control in places where trust in systems is broken. That’s not shady—it’s humane. The criticism often comes from a place of privilege, where privacy is optional, not essential.
So yeah, defending Bitcoin’s privacy isn’t about hiding; it’s about preserving a fundamental layer of personal sovereignty in the digital age
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Blour
Newbie
Online
Activity: 14
Merit: 1
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Today at 03:14:47 PM |
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Framing financial privacy as a criminal tool is a tired argument used to justify control. Cash is anonymous. Your home is private. Is that "for criminals"? No—it's a basic boundary.
Bitcoin's transparency is actually its best defense against systemic crime. Every transaction is forever on a public ledger, making large-scale illicit activity easier to trace over time than with cash. The "privacy" it gives you is pseudo-anonymity—enough to protect your identity from random snoops, not from a real forensic investigation.
So calling Bitcoin a crime haven is lazy. Criminals will use any tool. Bitcoin’s real crime is something far scarier to some: it gives ordinary people a choice. The choice to opt out of surveillance, to be their own bank, and to have a financial life that isn’t broadcast by default. That’s not shady—that’s freedom. And yeah, that terrifies people who benefit from the old, broken system.
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