chaser15
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June 21, 2016, 11:38:28 AM |
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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
Yeah the Bitcoin is somewhat being used by some illegal activities that is just the truth and there is nothing that we can do about it. I suggest that you do not focus on that but focus on what you are here for and not other people. Exactly as bitcoin is money so it's just normal if it's used for illegal activities. Physical golds and things too can be used as long as it was worth. Also if a person has the reason why they doesn't use bitcoin just because of illegal activities then they need more proper learning and study.
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md1120
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June 21, 2016, 11:40:39 AM |
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I watched some video when I'm studying about btc, that it used in illegal drugs
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romero121
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June 21, 2016, 11:46:49 AM |
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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
Yeah the Bitcoin is somewhat being used by some illegal activities that is just the truth and there is nothing that we can do about it. I suggest that you do not focus on that but focus on what you are here for and not other people. Agreed not everyone focus on the negative part. Now most users are into bitcoin considering it as investment as well sources of earning. Only little people are still use it on illegal activities.
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adibe
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June 21, 2016, 12:29:34 PM |
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It is. I heard some news about bitcoins though, Criminal using bitcoins for do some transaction because it's anonymous and easily to transfer to another person.
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mrmario13
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June 21, 2016, 12:50:50 PM |
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Do you know countries that forbid buying and using BTC by law? Thanx.
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Whosdaddy
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June 21, 2016, 09:00:03 PM |
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Do you know countries that forbid buying and using BTC by law? Thanx.
Iceland, Bolivia, Ecuador, Kyrgyzstan and Vietnam are currently the countries that has passed a law to ban bitcoin in their country. Russia once banned bitcoins too but they remove that ban and it resulted to a sudden increase of russian bitcoin users.
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diodio5
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June 21, 2016, 10:00:50 PM |
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Off course if bitcoin used for illegal activities that is not strange. Because you can see it as black money how could someone go after your money if it is just bitcoin.
yeah I also can not say it was strange. I mean bitcoin has been very popular with amenities very closed and secretive. so do not be surprised if bitcoin used as an illegal black market. but I never saw firsthand that transaction?
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1Referee
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June 21, 2016, 10:24:21 PM |
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I watched some video when I'm studying about btc, that it used in illegal drugs
Everything with value is being used as "currency" when it comes to drugs, weapons and other illegal stuff. It can be Gold, BTC, Prepaid debit cards, cash money, paintings, etc.
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ajun96
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June 22, 2016, 01:18:33 AM |
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Off course if bitcoin used for illegal activities that is not strange. Because you can see it as black money how could someone go after your money if it is just bitcoin.
Yeah it was reasonable when the currency was giving the facilities are perfect for anonymous transactions. so do not be surprised if bitcoin used for illegal activities. I often used to see bitcoin currency or payment method to purchase carding tools or goods of carding.
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chineseprancing
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June 22, 2016, 02:41:56 AM |
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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 know some illegal activities that includes bitcoins, Like in darkweb. They are using bitcoin as their payments to the bought drugs, guns, or something illegal their
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Schuyler
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June 22, 2016, 02:57:10 AM |
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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 know some illegal activities that includes bitcoins, Like in darkweb. They are using bitcoin as their payments to the bought drugs, guns, or something illegal their There will always be those who would find ways to obtain what they want. It is just that they found out that bitcoin is another instrument that can be used to anonymously purchase stuff that are considered illegal. The same goes with the fiat. So it is not only bitcoin that's being used for shady activities and transactions.
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rektDude
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June 22, 2016, 04:40:05 AM |
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Yes it is used for some criminal activities but what people already said about this is that you can ask yourself the question which currency is not right ? I think that every currency is indeed used for criminal activities.
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abugseuf
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June 22, 2016, 05:17:02 AM |
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i have no idea about this but i think being currency like other currencies. they may be used for both good and bad activities,
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Cyaren
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June 22, 2016, 05:36:06 AM |
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i have no idea about this but i think being currency like other currencies. they may be used for both good and bad activities,
Yeah definitely. Bitcoin is used for illegal activities but find a currency that is not used for illegal activities. There are none that you can find in my opinion. Cash is used for illegal activities as well. It's the people who decide to use their currency for bad purposes, not BTC.
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Enotche
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June 22, 2016, 07:17:28 AM |
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i have no idea about this but i think being currency like other currencies. they may be used for both good and bad activities,
Yes you are right. Money is a means of payment, they can not be good or bad. While one can see only what Bitcoin gradually penetrates into the various spheres of life. He himself is neutral, as any means of payment. If you declare a Bitcoin out the law of the same number of criminals will not decrease, it is necessary to learn how to deal with it, the crypt has to be the most important financial instrument in the future.
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futurebit640
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June 22, 2016, 07:43:05 AM |
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Yes, we using bitcoin to gambling. That means it is illegal only right. In many country gambling is illegal so if we used this coins for gaming means it is equal to bitcoin is being used for illicit activities only. Not everyone some people may use it for online shopping, so this is not illegal. But this cryptocurrency is more used for illegal activites.
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mrmario13
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June 22, 2016, 07:57:08 AM |
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Do you know countries that forbid buying and using BTC by law? Thanx.
Iceland, Bolivia, Ecuador, Kyrgyzstan and Vietnam are currently the countries that has passed a law to ban bitcoin in their country. Russia once banned bitcoins too but they remove that ban and it resulted to a sudden increase of russian bitcoin users. Thanx for the answer. Actually btc can be used for money laundering operations, isn`t it?
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barbara44
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June 23, 2016, 05:52:07 AM |
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Do you know countries that forbid buying and using BTC by law? Thanx.
Iceland, Bolivia, Ecuador, Kyrgyzstan and Vietnam are currently the countries that has passed a law to ban bitcoin in their country. Russia once banned bitcoins too but they remove that ban and it resulted to a sudden increase of russian bitcoin users. Thanx for the answer. Actually btc can be used for money laundering operations, isn`t it? Yes it can be used to make black money to white as well and its very popular currency used in dark deep web ! But it is all depending upon the user how they wanna use it weather for good or bad same as fiats.
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dotajhay
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June 23, 2016, 07:42:22 AM |
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Yes, we using bitcoin to gambling. That means it is illegal only right. In many country gambling is illegal so if we used this coins for gaming means it is equal to bitcoin is being used for illicit activities only. Not everyone some people may use it for online shopping, so this is not illegal. But this cryptocurrency is more used for illegal activites.
here in internet gambling is not illegal ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) its up to you if you want to try gambling to lose some bitcoins , but i suggest if the one who read this wants to try gambling for fun and earn some profit try to invest then if you have small profit withdraw your balance that you invest and play gambling using your profit.
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hermanhs09
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June 23, 2016, 09:19:44 AM |
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Yes, we using bitcoin to gambling. That means it is illegal only right. In many country gambling is illegal so if we used this coins for gaming means it is equal to bitcoin is being used for illicit activities only. Not everyone some people may use it for online shopping, so this is not illegal. But this cryptocurrency is more used for illegal activites.
This crypto-currency is and has been used for illegal activities because it is "untraceable" in the money circulation and that's what the issue is, people can use it for worse rather than better because of it's principles. Although some may use it for the worse, a lot use it for the bettering.
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