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Author Topic: Is bitcoin being used for illegal activities  (Read 139723 times)
Maesters1-
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July 04, 2016, 05:54:58 AM
 #941

Yes, Bitcoin is like a Real money as we can see that we can buy illegal things with real money So we can also buy illegal things with Bitcoins. So it can be used for illegal activities......
yes it is true. bitcoin may be use for illegal activities like other local currencies. but why are people only talk about bitoicn. why don't people talk about Dollar that it is used of illegal activities.
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July 04, 2016, 06:05:04 AM
 #942

Yes, there are plenty of people who once state control is absolutely not necessary. Among them are terrorists, drug traffickers, criminal businessmen, there are people who evade paying taxes. And there are a significant number of people who can not stand to feel in his pocket the state "monitoring" sticky hand.

But the factor of criminal trafficking can not be excluded: the currency, again, "bearer", and using the basic means of camouflage tie source and destination of payments with real people is almost impossible.

On the other hand, it is obvious that the Bitcoin, like any universal tool itself is not aimed at solving crime problems. So, blow on it robs humanity of some additional opportunities, and promising. Not only that - it deprived, as usual, solely in the interests of the holders of the traditional "market" - state and near-state regulators.
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July 04, 2016, 10:36:33 AM
 #943

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
Bitcoin is the best currency ever to use it to illegal activities like drugs,murders and money laundering.
Lol you can even launder illegaly earned btc through dicesites... Anyway i would say btc was made for criminals lol
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July 04, 2016, 11:09:45 AM
 #944

Yes, Bitcoin is like a Real money as we can see that we can buy illegal things with real money So we can also buy illegal things with Bitcoins. So it can be used for illegal activities......
i think you are definitely right about this, in my opinion with all the money there are some illegal activities performed and there is no way to avoid that most probably

of course bitcoin is used to perform illgeal activities though i doubt that we should be worried too much about it because it usually makes the bitcoin price go up a lot usually

 
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July 04, 2016, 11:21:36 AM
 #945

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
I hope they won't. I guess it's true it is used a lot in some illegal stuff but IMO it would be unfair to forbid the currency. It is not BTC's fault what it is used for

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July 04, 2016, 12:33:49 PM
 #946

Yes, Bitcoin is like a Real money as we can see that we can buy illegal things with real money So we can also buy illegal things with Bitcoins. So it can be used for illegal activities......
yes it is true. bitcoin may be use for illegal activities like other local currencies. but why are people only talk about bitoicn. why don't people talk about Dollar that it is used of illegal activities.
Of course Bitcoins are being used for illegal works. But we know that bitcoins is the form of currency that is used to carry out financial affair. So criminals can use any form of currency to carry out their illegal activities. But bitcoins liknked to criminal activities are made top issue. That is not fair. When intentions are bad people carry out illegal activities in anyway.
DomesticTrader
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July 04, 2016, 01:50:45 PM
 #947

Off course is bitcoin being used for illegal stuff and the main reason because of that is that there are allot of people who know that bitcoin cant be traced so they are paying
their illegal stuff with bitcoins so they cant be grabbed by police and that is why they use bitcoins.
martinacar
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July 04, 2016, 01:55:53 PM
 #948

I do think that Bitcoin is being used by illegal activities but there is not much that we can do about it and that is why i do not pay any attention to it.
I am just here to make money with Bitcoin and not to pay a police officer. 
Legasean
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July 04, 2016, 02:11:06 PM
 #949

that's dumb statement, bitcoin is a currency and currency can be used for anything if the user want,just like people do use dollar to buy drugs or anything illegal? its the same like  when you use btc,and about money laundering, its possible to be done through any currency, do you ever saw people buying a very simple painted canvas with only 2 colors like red and blue ? and they bought it for $5 million? do you think its normal or money laundering?

Yes, with exception that governmetns and banks control fiat. And they wont do anything to ban fiat. Why would they? they can print it at will and do whatever they want with it.

They dont control bitcoin, they cant print bitcoin, and they can cheat with bitcoin. This is a reason you see lots of negative press about bitcoin. Banks and gavernments dont want ppl to use it. Thus, the easiest way is just to scare ppl that bitcoin is only used by criminals or it is a scam.
Off course are criminals using bitcoins for illegal activities for what else are they using something where you almost can buy everything from and dont pay tax and is not
trace able i dont know what to use other when i am a criminal lol. So off course are they using bitcoins.
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July 04, 2016, 03:24:59 PM
 #950

yeah just like other people stated in the comments. People will always use Any kind of money to do those  illegal activities.
Btc is not an exception just like cash. So yeah i  think it has no difference whether its btc or cash
randy8777
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July 04, 2016, 04:44:25 PM
 #951

yeah just like other people stated in the comments. People will always use Any kind of money to do those  illegal activities.
Btc is not an exception just like cash. So yeah i  think it has no difference whether its btc or cash

exactly that. the media however always takes out bitcoin as being the bad guy. they don't care or look at the fact of how much fiat money and prepaid credit cards are being used for illegal things. they always point at bitcoin. it's a shame. this just shows how ignorant the larger media channels are. or they are running an anti bitcoin campaign to scare off people.
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July 04, 2016, 04:46:34 PM
 #952

yeah just like other people stated in the comments. People will always use Any kind of money to do those  illegal activities.
Btc is not an exception just like cash. So yeah i  think it has no difference whether its btc or cash
well i guess it is inevitable most probably, there are a lot of people who want to make a lot of money in any ways possible unfortunately and they perform illegal stuff

i dont think that we should worry about it a lot because in my opinion the price of the bitcoin only rises because of those illegal activities, but thats just my opinion to be honest

 
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Skaven
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July 04, 2016, 04:51:43 PM
 #953

Yes the bitcoin is used for criminal activities but its not very bad because of the fact that its normal in my eyes.
Every currency all over the world is used by criminals and this will also never change for sure.
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July 04, 2016, 04:53:04 PM
 #954

As like other currency, BTC is used for all purpose. Money is always used for legal and illegal purposes. This is common with currency. This happens everywhere. Illegal money is changed to legal money using many sources.
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July 04, 2016, 08:04:12 PM
 #955

that's dumb statement, bitcoin is a currency and currency can be used for anything if the user want,just like people do use dollar to buy drugs or anything illegal? its the same like  when you use btc,and about money laundering, its possible to be done through any currency, do you ever saw people buying a very simple painted canvas with only 2 colors like red and blue ? and they bought it for $5 million? do you think its normal or money laundering?

Yes, with exception that governmetns and banks control fiat. And they wont do anything to ban fiat. Why would they? they can print it at will and do whatever they want with it.

They dont control bitcoin, they cant print bitcoin, and they can cheat with bitcoin. This is a reason you see lots of negative press about bitcoin. Banks and gavernments dont want ppl to use it. Thus, the easiest way is just to scare ppl that bitcoin is only used by criminals or it is a scam.
Off course are criminals using bitcoins for illegal activities for what else are they using something where you almost can buy everything from and dont pay tax and is not
trace able i dont know what to use other when i am a criminal lol. So off course are they using bitcoins.
Reason why bitcoin is used for criminal activities is because it's just like money with the exception of that it doesn't care of the nature of the business. It doesn't matter what bitcoins are used for as long as there is a transaction done, that's what's bitcoin is.

Plus, it doesn't track the owner of the coins rather, only the wallet used and that very wallet can be used by multiple people or can be discarded without any trace of the previous owner.
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July 04, 2016, 09:15:09 PM
 #956

no i dont think so that bitocin can be use for illegal activities.
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July 04, 2016, 09:26:17 PM
 #957

yes may be so just like other local currencies.
uname
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July 04, 2016, 09:28:37 PM
 #958

Yes the bitcoin is used for criminal activities but its not very bad because of the fact that its normal in my eyes.
Every currency all over the world is used by criminals and this will also never change for sure.
of course bitcoin used for illegal activities. but it does not change anything from the bitcoin itself. you could see that the other currencies are also included in this?

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July 04, 2016, 10:27:54 PM
 #959

It it used for criminal activities but people already said here is that which currency is not even with the smallest currency's on the planet there are some criminals included that are using it.
I think its bad but that we still cannot do something about it and we have to accept this for good.
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July 04, 2016, 10:31:56 PM
 #960

It it used for criminal activities but people already said here is that which currency is not even with the smallest currency's on the planet there are some criminals included that are using it.
I think its bad but that we still cannot do something about it and we have to accept this for good.
I'm completely agreeing with this, we should accept it because we cannot stop it, another fact is that the bitcoin can be made untraceable and anonymous.
Due to this its very attractable for criminals so that is the downside of the bitcoin but we should indeed accept this.


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