Is bitcoin being used for illegal activities

[bitraine]

Visa, MasterCard, PayPal, and cash all serve as opportunities for criminals as well, but society keeps them around due to their recognized net benefit. so using bitcoin on illegal activities will not harm bitcoin as much media  controlled by government.

[phibay]

Illegal activities will always involve money-- this could be cash, BTC, precious metals, or anything valuable. BTC shouldn't be targeted as the only form of money related to illegal activities.

[Daimon88]

Bitcoin is being used for illegal activity, that is certain but not that different from usual fiat, I mean criminals are using bitcoins as well as fiat and every other currency in the world, it's not the fault of bitcoin but of the criminals using it.

[diegz]

Bitcoin is being used for illegal activity, that is certain but not that different from usual fiat, I mean criminals are using bitcoins as well as fiat and every other currency in the world, it's not the fault of bitcoin but of the criminals using it.

That is true..its just that what they think is that bitcoin is easier to use...just like money launderers, they will always could always find a way to hide their wealth from our eyes..as long as it has value, criminals would  always find a way to use it...

[btcltccoins]

Bitcoin is a currency and it can be used for legal and illegal activities.
So its the person who uses currency. It can be any currency.
So bitcoin is not bad in itself, it the usage with determines the action

[Proxiebuier]

Bitcoin is a currency and it can be used for legal and illegal activities.
So its the person who uses currency. It can be any currency.
So bitcoin is not bad in itself, it the usage with determines the action

Good explanation.
You can use a knife to cut bread or to stab someone...
Its the person who decides if something is used for good or bad action.

[CryptoBjorn]

Yes of course Bitcoin is used for illegal activities. And that is pretty normal I think. Many people use Bitcoin.
So it is normal that they are going to use it for illegal activities and that is very bad in the future.

[sishendaoye]

Bitcoin is a currency and it can be used for legal and illegal activities.
So its the person who uses currency. It can be any currency.
So bitcoin is not bad in itself, it the usage with determines the action

Good explanation.
You can use a knife to cut bread or to stab someone...
Its the person who decides if something is used for good or bad action.

Yes bitcoin is getting used for criminal activities, but does not every currency is used for criminal activities.
I think it will not hurt the bitcoin because every currency has this problem right ?

[maokoto]

Yes it is being used for illegal activities. As much as paypal, fiat, amazon gift cards.... even altcoins are being used for illegal activities. No doubt about it.

[coinyard]

I think  bitcoin is being used for illegal activities. But fiat is used much more than bitcoin. There is no ban of fiat in daily life.

[bankingbtc]

I think  bitcoin is being used for illegal activities. But fiat is used much more than bitcoin. There is no ban of fiat in daily life.

of course fiat is used way more often as there are not a lot of people who adopted bitcoin

the illegal use of bitcoins is really bad for it as people start seeing it more as a harm rather than a revolution that can change the world to a better side

[offlinedragon]

yes bitcoin is being used for some illegal activities by some criminals, but that is not the fault of the currency but of those who are using it for illegal activities, it's a good currency IMO.

[zergenyt09]

Yup some of the bitcoins are being used for illegal reasons and by criminals but that is the same for FIAT by all names since there are criminals using any currency in the world...

[Lucius]

All currencies are used for good and for bad activities including BTC.The manner in which the BTC is used like digital currency and in some way anonymous,stand out among the other currencies as the currency used for illegal activities.But if we take the percentage of people who use BTC, illegal activities committed by BTC are very small compared with currencies such as the dollar or euro.

[RoommateAgreement]

Bitcoin is a currency and it can be used for legal and illegal activities.
So its the person who uses currency. It can be any currency.
So bitcoin is not bad in itself, it the usage with determines the action

Good explanation.
You can use a knife to cut bread or to stab someone...
Its the person who decides if something is used for good or bad action.

Yes bitcoin is getting used for criminal activities, but does not every currency is used for criminal activities.
I think it will not hurt the bitcoin because every currency has this problem right ?

ofcourse bitcoin (just like any other currency) is being used by criminals too but i think it is going to hurt bitcoin more than other currencies even though this usage is so small.

the reason for that is the fact that bitcoin is a new currency while others are old and already being used by many people.

[matete]

Anything called currency can be used for both legal and illegal transactions. Even before the introduction of bitcoins, money laundering and drug peddling was existing. So the invention of bitcoins has just come in to enhance the trade. Therefore you cannot blame Bitcoin for these age- old actions.

[ronaldinho_07]

Before bitcoin the fiat had this dark side the ilegal things,since bitcoin appear the media send all the bad things to bitcoin,even with all knowing that the fiat is what controls the most if not all ilegal stuffs.What is amazing is countries or media dont wanna to solve those fiat problems they wanna keep an active attack into bitcoin as they see it as a threat to them.

[boopy265420]

There is no exception what it comes to talk about criminal activities regardless of Bitcoin of Fiat money.Bad boys are used to find ways to fulfill their needs and they will use every possible method to do so.It seems that Bitcoin is being used just for criminal activities by the title which is not correct.

[trafficolaa]

Bitcoin is not created for to use only for illegal activities because i personally know so many people who using this real crypto currency for normal like fiat currency so that i think it depends on people behavior and their mind set so that i am agreed with this.

[newcripto]

All depends on the person who is using it for good or bad purposes.I am using it as remittance and online transfers because it is more efficient and much more faster with low cost.Other traditional money or metals too can be used by criminals and so it can be as well.