Is bitcoin being used for illegal activities

[simonloff]

I think Criminal can use anything to fulfill their desires. Does that mean you will blame the thing involved in question?
They also use things like cars, knives etc., so will they be banned for it? of course not imo.

[1715292615]

1715292615

[LeNakko]

Which would you think is the main currency used in deep web?
Bitcoins are very perspective because of its anonymous transactions, therefore it is being used widely in deep web.
Google it and you will find that so many illegal activities or products are being purchased using bitcoins.

[CasioK]

i believe that bitcoin is being used for illigal activities just as much as any other currency

As long as it has a value it can be use to do illegal activities just like other currencies, but I think its not just currencies that can be use in illegal activities.. just like what we saw in movies, criminals have a barter and swap their guns with drugs..

Its fair. Not just of bitcoins value it's been used in illegal activities. Due to the anonymous nature and faster transfer bitcoin is given priority.

But I Think the criminals like only one thing in bitcoin which is its feature of anonymity , with that they can buy any thing like weapons and drugs etc and will remain anonym to the sellers etc.

[el kaka22]

i believe that bitcoin is being used for illigal activities just as much as any other currency

As long as it has a value it can be use to do illegal activities just like other currencies, but I think its not just currencies that can be use in illegal activities.. just like what we saw in movies, criminals have a barter and swap their guns with drugs..

Its fair. Not just of bitcoins value it's been used in illegal activities. Due to the anonymous nature and faster transfer bitcoin is given priority.

But I Think the criminals like only one thing in bitcoin which is its feature of anonymity , with that they can buy any thing like weapons and drugs etc and will remain anonym to the sellers etc.

The value of bitcoin does not matter for them they just do their business with a currency which they find beneficial for them and as bitcoin is not supported by any government so they find it for themselves.

[beerlover]

Like any other currency bitcoin is also used for illegal activities and no one can have control to stop it and criminals will continue to use it in future too.

Yes, they will make benefit of any currency they find and like for their business, and only governments can control them by giving opportunities for their citizens so that they are not trapped by criminals to make more criminals.

[jack1111]

it is the most important challenge that harm bitcoin , and developers working on system to make bitcoin far from illegal actions

[Akupuniard]

it is the most important challenge that harm bitcoin , and developers working on system to make bitcoin far from illegal actions

I don't know how to make it possible to determine  illegal transaction. Also i don't know who cares about it? Goverment? meybe. But in some countires even bitcoin is illegal, so hard to make it possible 

[Oscoda]

it is the most important challenge that harm bitcoin , and developers working on system to make bitcoin far from illegal actions

I don't know how to make it possible to determine  illegal transaction. Also i don't know who cares about it? Goverment? meybe. But in some countires even bitcoin is illegal, so hard to make it possible 

It can't be monitored. But it's not a problem of bitcoin either, it's a problem which can't be solved. Since you can't block it from criminals.
Same way the dollar is also used by criminals. Only law enforcement can try to stop it.

[Hellacopter]

it is the most important challenge that harm bitcoin , and developers working on system to make bitcoin far from illegal actions

I think it's not easy to governments and developers to make Bitcoin such way, because simply it's decentralized currency which no one can control it or know the identity of the sender and receiver

[nejibens]

I think fiat and other currencies are used for illegal activities as well and not only Bitcoin
So that's not a negative feature of Bitcoin in my opinion

[knowhow]

The people who used fiat to ilegal activities will keep doing that ,only those who never made ilegal things may try it with bitcoin,they has their system to make the house clean paying politcians ,police anyone who can make a hit to their business.Bitcoin may be used but in the most is online ilegal,casinos,exchanges,porn.

[richardsNY]

I think fiat and other currencies are used for illegal activities as well and not only Bitcoin
So that's not a negative feature of Bitcoin in my opinion

Fiat is being used thousands of times more for illegal stuff than Bitcoin, but as always, the media is only pointing at Bitcoin when it comes to bad things. It's a shame.

[lixer]

Bitcoin is being used for illegal activity of course, Like any currency in the world and criminals use any currency to try and get some profit from it. it's just the fault of those using it and not the currency itself.

Yes, we do not have to blame any currency, they are not created for the criminal to do their crimes but for the convenience of people, but are taken by criminals and started to benefit from it.

[relq]

I think fiat and other currencies are used for illegal activities as well and not only Bitcoin
So that's not a negative feature of Bitcoin in my opinion

Fiat is being used thousands of times more for illegal stuff than Bitcoin, but as always, the media is only pointing at Bitcoin when it comes to bad things. It's a shame.

Yes i agree with you, the media only ponting bitcoin about bad things. And i think every currency always being used for illegal activities.

[Blackmet]

Bitcoin is being used for illegal activity of course, Like any currency in the world and criminals use any currency to try and get some profit from it. it's just the fault of those using it and not the currency itself.

Yes, we do not have to blame any currency, they are not created for the criminal to do their crimes but for the convenience of people, but are taken by criminals and started to benefit from it.

It can't be controled. Knife is not created to do cirmes but criminals using it. Bitcoin is just a tool. Developers can't determine who did illegal transaction.

[jkrules]

Bitcoin is being used for illegal activity of course, Like any currency in the world and criminals use any currency to try and get some profit from it. it's just the fault of those using it and not the currency itself.

Yes, we do not have to blame any currency, they are not created for the criminal to do their crimes but for the convenience of people, but are taken by criminals and started to benefit from it.

I think they have moved on to other types of coins such like altcoins.

[bargainbin]

... Knife is not created to do cirmes but criminals using it. Bitcoin is just a tool. ...

Sure. Also heroin. Heroin is just a tool which wasn't created to make junkies. But make junkies it did.
That's why it's B& nao.

[zeaderza]

Yes some people use bitcoin to receive ilegal money from pc hacking.( like Ransomware virus)

[Genius Einstein]

Bitcoin is probably being used for illegal activities in the world today except it would be very hard for anyone to find out and in the future these people will be able to think up more ingenious ways of doing it.

[Mr. Big]

Bitcoin is probably being used for illegal activities in the world today except it would be very hard for anyone to find out and in the future these people will be able to think up more ingenious ways of doing it.

Yeah, probably those who hack a bank and transfers it into another bank and withdraw it in casinos or wherever they want, might probably use bitcoin to do those..That's true, they will always find new ways to evade authorities in the future..