Is bitcoin being used for illegal activities

[richardsNY]

In short: Yes. It's the unofficial currency of the Dark Web (illegal side of the internet)

Now you're saying exactly the same thing as the media has been saying in the last few years. Bitcoin is the currency of the people. What they do with it as currency is totally up to them, but whatever happens, it's not a dark/deep web currency.

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[manyute]

Bitcoin transactions are show and will always be visible to any one that has the adress ,sure ilegal activities use bitcoin but the main resorce is fiat.With fiat is harder to trace where the money went,but well bitcoin will be always just connected to the bad things as others companies keep paying for the media talk about the how bad is bitcoin.

[Skarner21]

In short: Yes. It's the unofficial currency of the Dark Web (illegal side of the internet)

Now you're saying exactly the same thing as the media has been saying in the last few years. Bitcoin is the currency of the people. What they do with it as currency is totally up to them, but whatever happens, it's not a dark/deep web currency.

This is why bitcoin still not publish locally because some people considering bitcoin is scam or a darkweb currency using for transaction for illegal activity because of anonymity of this currency.. we can not blame them this is just like the same corrupt in government.. so all are the same..

[Tyrantt]

In short: Yes. It's the unofficial currency of the Dark Web (illegal side of the internet)

Now you're saying exactly the same thing as the media has been saying in the last few years. Bitcoin is the currency of the people. What they do with it as currency is totally up to them, but whatever happens, it's not a dark/deep web currency.

This is why bitcoin still not publish locally because some people considering bitcoin is scam or a darkweb currency using for transaction for illegal activity because of anonymity of this currency.. we can not blame them this is just like the same corrupt in government.. so all are the same..

Yes, but it has been primary used on black market and that kind of gave it the bad rep at the start. It wouldn't be like that if it wasnt used on deep web, it wouldnt be looked at like a criminal currency, and no one wants to be linked to that.

[rizkyhiw]

Bitcoin will be used for good as well bad things the same way it happens for several years with fiat, soo nothing new here, besides its harder to trace the people who are under the dark marketplaces.

I think although Fiat is also used for illegal activities as well but I think it will not be as perfect as bitcoin, because you can be easily tracked when you use fiat to transact. with bitcoin you can not be tracked and there is no evidence of when you really use for illegal activities

You are wrong, fiat ilegal activities are covered with fake companies, with employers, soo they do clean the money they earn from those and you cant trace, otherwise we wouldnt have criminals under those activities, sure bitcoin does make it more easy maybe, but those people will need to exchange the bitcoins into fiat, and doing those they get exposed easy.

indeed fiat also being used for illegal activites and it's more often than bitcoin
but nowadays people have realized that by using bitcoin any evil things involved money can run more easier
as bitcoin have all the anonimity that bad people want
like for money laundering , make bitcoin as a way to supply terrorist funds etc.

[ShrykeZ]

It is but so are almost all other currencies throughout the world at some point, no different to the others.

[richardsNY]

In short: Yes. It's the unofficial currency of the Dark Web (illegal side of the internet)

Now you're saying exactly the same thing as the media has been saying in the last few years. Bitcoin is the currency of the people. What they do with it as currency is totally up to them, but whatever happens, it's not a dark/deep web currency.

This is why bitcoin still not publish locally because some people considering bitcoin is scam or a darkweb currency using for transaction for illegal activity because of anonymity of this currency.. we can not blame them this is just like the same corrupt in government.. so all are the same..

Well, people can do research about what Bitcoin actually is. If they have done that, then I am quite sure that these people would see Bitcoin completely different. People taking everything the government and the media says for granted are nothing more than sheeps.

[TTMNewsK]

As a matter of fact, Bitcoin is like a fiat. Many people are using it to do their illegal activities which isn't right because they 'd abusing it.
Take note: Every illegal activites that has been connected in money can also be done in bitcoin.

[madwica]

As a matter of fact, Bitcoin is like a fiat. Many people are using it to do their illegal activities which isn't right because they 'd abusing it.
Take note: Every illegal activites that has been connected in money can also be done in bitcoin.

Agree with you, and also it is hare to trace the person who do the illegal transaction here in bitcoin because we are not giving more information about ourselves and all that will depending on the persons/users of bitcoin. We do not need to do illegal things if we can work legal here in bitcoin.

[tn211]

Yes it is used for criminal activities but this is logical and which currency is not that is also the question ?
I think that we should not really worry about this fact to be honest.

[mirakal]

Yes it is used for criminal activities but this is logical and which currency is not that is also the question ?
I think that we should not really worry about this fact to be honest.

Exactly, if that will be use for illegal activities it would not bitcoin crash, in fact that would help the economy to grow because of the increase of circulation in the market, the more people will be interested in using bitcoin that will be good for us in overall.

[kidoseagle0312]

I see more and more acrticles of bitcoin being used for illegal activities
will this hurt bitcoin in the long run , will governments ban this just like they started to do wih paying in cash for some services
to harden the use of illegal , and money laundering

Majority of the member in this industry I know they used their bitcoin for legal purposes including myself of course. Even others are doing something which is not good whether they used it for illegal matters it is their free will to decide what there gonna do to their bitcoin.

[Noctis Connor]

As a matter of fact, Bitcoin is like a fiat. Many people are using it to do their illegal activities which isn't right because they 'd abusing it.
Take note: Every illegal activites that has been connected in money can also be done in bitcoin.

You can compare bitcoin as a fiat because it different fiat you can use that as physical money and it is more reliable than bitcoin , bitcoin now is not accepted in some online store but maybe soon it will be accepted bitcoin is using bitcoin too for illegal activities but not all people.

[agustina2]

I see more and more acrticles of bitcoin being used for illegal activities
will this hurt bitcoin in the long run , will governments ban this just like they started to do wih paying in cash for some services
to harden the use of illegal , and money laundering

Majority of the member in this industry I know they used their bitcoin for legal purposes including myself of course. Even others are doing something which is not good whether they used it for illegal matters it is their free will to decide what there gonna do to their bitcoin.

Exactly as it is. Bitcoin is not prone for every activity that a users want to do on this currency.

Be it on good or bad, bitcoin really ca be used on both so no way that bitcoin is used also for illegal activities.

[error08]

As a matter of fact, Bitcoin is like a fiat. Many people are using it to do their illegal activities which isn't right because they 'd abusing it.
Take note: Every illegal activites that has been connected in money can also be done in bitcoin.

Yeah, of course bitcoin being used for illegal activities, it's like currency. Anything that could be use as payment, can also use for illegal activities. Moreover, bitcoin has advantage as anonymous transaction that can't be tracked and more fast to transfer it. More likely to use as payment to illegal activities.

[Yutikas_11920]

As a matter of fact, Bitcoin is like a fiat. Many people are using it to do their illegal activities which isn't right because they 'd abusing it.
Take note: Every illegal activites that has been connected in money can also be done in bitcoin.

Yeah, of course bitcoin being used for illegal activities, it's like currency. Anything that could be use as payment, can also use for illegal activities. Moreover, bitcoin has advantage as anonymous transaction that can't be tracked and more fast to transfer it. More likely to use as payment to illegal activities.

Indeed most of the transactions carried out in the bitcoin comes from illegal transactions. so this was something bad or negative side of the bitcoin, however if we do not see the positive impact of the bitcoin is much better than its negative impact. Then it will give you an advantage to us

[randy8777]

As a matter of fact, Bitcoin is like a fiat. Many people are using it to do their illegal activities which isn't right because they 'd abusing it.
Take note: Every illegal activites that has been connected in money can also be done in bitcoin.

Yeah, of course bitcoin being used for illegal activities, it's like currency. Anything that could be use as payment, can also use for illegal activities. Moreover, bitcoin has advantage as anonymous transaction that can't be tracked and more fast to transfer it. More likely to use as payment to illegal activities.

cash money transactions are also anonymous. but still, people always tend to blame bitcoin for that. i think this will never change. but i think that's mainly due to the fact that bitcoin doesn't have a central authority like fiat has with the government. that's for the average joe a very important thing.

[Rostadom]

I think the anonymity privilege that we get from Bitcoins are being abused by those people that does illegal stuffs. Yes, Bitcoin is the main payment in the darkNet that's why it has got it's bad reputation in social media sites.

But, to be honest, I think fiat money is being used in illegal activities even more. The corrupt government are taking away our fiat, and that's a lot of money. Those people that are selling drugs offline, they surely are using fiat when doing a transaction.

[Daniel91]

I just read a few days ago in the local newspapers that police catch drug dealers with a lot of drugs ready for sell.
It seems that they paid for it with Bitcoin.
Such news really can show whole BTC community in negative light.
Yes, it's sad fact but Bitcoin is used for illegal activities.
It's nothing we can do about it.

[elDano]

Yes of course its used for criminal activities but I do not mind about this at all because indeed every currency has this so why should we even care..
I think that its not something we should worry about.