Is bitcoin being used for illegal activities

[Cyaren]

yes you are right, it is the problem with people that how they use bitcoin, bitcoin is only a currency and with that good people do good activities while those people who have black mind do wrongs with that.

Black mind? That sounds a little racist lol im not sure that's what you meant or anything but BTC is used for illegal activities and the best we can do to stop it is just to stay away from it ourselves and make sure our friends dont do it.

You have to look at the bright side of btc sometimes and the brightside is we're making bank off of something online.

If black mind is racist, so is black market or black sheep.
Bitcoin being used for illegal activities does no harm to it, except in the minds of people who don't realize it is just a tool.
Technology enables good guys as well as bad guys.

No i dont think that black mind is racist at all but i think the fact that he used black over any other word i do think is sort of racist in their own way, he honestly could have said dark mind or corrupt mind , but no he chose to say "Black" mind. I really dont understand why

[Hohenn]

i have no idea about this but i think being currency like other currencies. they may be used for both good and bad activities,

You are right though I think bitcoins are not used much for illegal activities. Bitcoins has made more of positive impact then negative so lets not think about the darker side and enjoy using bitcoins.

No sir sorry to say btc is mainly used for worse things then better things because none of you here can say you have not invested in a company or even rolled a single dice at a casino... Most of those things are illegal in MOST countries.

You know now if you want to stop you can but it is difficult.

Not everyone has adopted bitcoin for its usage in the illegal activities and for the usage in casinos, but people want to earn online and for that they adopt bitcoin as the opportunities of earning in bitcoin is more.

This is like saying USD should be banned because it is used for human trafficking and illegal substances. Bitcoin is a currency, the fact that it is decentralized means that a lot of people might find it suitable for criminal activities, but this isn't anything new. It has happened since the popularisation of Bitcoin.

[MFahad]

i have no idea about this but i think being currency like other currencies. they may be used for both good and bad activities,

You are right though I think bitcoins are not used much for illegal activities. Bitcoins has made more of positive impact then negative so lets not think about the darker side and enjoy using bitcoins.

No sir sorry to say btc is mainly used for worse things then better things because none of you here can say you have not invested in a company or even rolled a single dice at a casino... Most of those things are illegal in MOST countries.

You know now if you want to stop you can but it is difficult.

Bitcoin can be used for legal and illegal activity and same is the case with US dollars or any other currency. Its the human usage which makes the currency being used for good or bad purpose.

[From Above]

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

Just like cash, u can use Bitcoin for illegal activities too.  It's a good choice for buying substances in darknet marketz.

If u're into that kind of thing then Bitcoin can be a good choice. Why not?  That's freedom.

Ur choice what u wanna use BTC for.

~CfA~

[Cresciuanto]

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

Just like cash, u can use Bitcoin for illegal activities too.  It's a good choice for buying substances in darknet marketz.

If u're into that kind of thing then Bitcoin can be a good choice. Why not?  That's freedom.

Ur choice what u wanna use BTC for.

~CfA~

I don't care about that because I am sure that the other flat currencies must also be used for such kind of activities. still the good users of bitcoin must be more than the bad users of the bitcoin. so we should not take care of such kind of news.

[wikenpp]

i have no idea about this but i think being currency like other currencies. they may be used for both good and bad activities,

You are right though I think bitcoins are not used much for illegal activities. Bitcoins has made more of positive impact then negative so lets not think about the darker side and enjoy using bitcoins.

No sir sorry to say btc is mainly used for worse things then better things because none of you here can say you have not invested in a company or even rolled a single dice at a casino... Most of those things are illegal in MOST countries.

You know now if you want to stop you can but it is difficult.

Bitcoin can be used for legal and illegal activity and same is the case with US dollars or any other currency. Its the human usage which makes the currency being used for good or bad purpose.

Correct, bitcoin is not some currency which is exclusively used by criminals. Sure the fact that bitcoin is untraceable and makes it perfect criminals vs the amount of criminals whom actively used bitcoin is surprisingly low. The media have been working very hard to make bitcoin be the criminals kind of money but we all now this isn't true.

[hermanhs09]

i have no idea about this but i think being currency like other currencies. they may be used for both good and bad activities,

You are right though I think bitcoins are not used much for illegal activities. Bitcoins has made more of positive impact then negative so lets not think about the darker side and enjoy using bitcoins.

No sir sorry to say btc is mainly used for worse things then better things because none of you here can say you have not invested in a company or even rolled a single dice at a casino... Most of those things are illegal in MOST countries.

You know now if you want to stop you can but it is difficult.

Bitcoin can be used for legal and illegal activity and same is the case with US dollars or any other currency. Its the human usage which makes the currency being used for good or bad purpose.

Correct, bitcoin is not some currency which is exclusively used by criminals. Sure the fact that bitcoin is untraceable and makes it perfect criminals vs the amount of criminals whom actively used bitcoin is surprisingly low. The media have been working very hard to make bitcoin be the criminals kind of money but we all now this isn't true.

Yeah it's pretty easy to use USD for the same purpose because that currency is also untraceable so you really need to just fact check on it, BTC is used for illegal activities but that doesnt mean that it's a bad currency to use.

Currencies all around the world are used for illegal activities, what makes bitcoin any different?

[2double0]

Many terrorism firms are popping up saying bitcoin is the future, they must be using it then.
And if they are into it, then there is no doubt that bitcoins are being used for illegal activities.

[Sierra8561]

Many terrorism firms are popping up saying bitcoin is the future, they must be using it then.
And if they are into it, then there is no doubt that bitcoins are being used for illegal activities.

Terrorists use dollars, euros, gbp. They aren't the only ones saying bitcoin is the future. Many groups, organizations, elected officials etc say the same thing.

[cjmoles]

The truth of the matter is that all good currencies have utility in the dark markets....period.  If a currency was not flexible enough to enjoy the diversity of opportunity the market places provide, then it would not be used.  The best currency is the currency that is accepted everywhere....

[redsun114]

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.

That is not bitcoin being used for illegal activity. Its the mistake of sites that accept people from countries where gambling is banned. You can not blame sites too as people often use proxy when blocked.

[asriloni]

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.

That is not bitcoin being used for illegal activity. Its the mistake of sites that accept people from countries where gambling is banned. You can not blame sites too as people often use proxy when blocked.

actually blocking people from country which banned gambling is so hard,they just simply turn their vpn and the site lost the chance

[electronicfactura]

Not only Bitcoin but also fiat currency and metal in fact every valuable thing is being used for illegal activities.It is not justice to talk just about Bitcoin.There will always be people using different good things to fulfill there bad activities.Bitcoin has no exception but it can not be blamed for this.

[Adrorecia]

Off course are bitcoins used by iligal activities and that is not strange because the bitcoin is one of the best payments for criminality to pay with because it cant be traced so yes off course is it be used for illegal activities.

[Iceborn]

Off course there are allot of people who are interested into the coins and not only rich people who want coins but also thiefs who think making money with bitcoins is just easy they cant be traced also that is the best reason for them to use bitcoins for illegal activities.

[akosimakulit]

It does not matter that if bitcoin being used for illegal activities but what does matter is bitcoin is used in every activity no matter it is a legal activity or an illegal activity. So usage of bitcoins everywhere which matters most. 

[Barbut]

Everything and anything can be used for something good or something bad. We choose for what we gonna do, and we choose our own actions.
That is perfect answer, bitcoin is used for illegal activities, there is to many evil people in this world, they use little kids for evil activities. Bottom line is bitcoin is bitcoin, from us depends how we will gona use it.

[Nevis]

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

it depends on the illegal activities if he or not.
but he can also be used in other illegal activities. like paying through illegal bitcoin used to make the payment.

[purebitco]

Well IMO Bitcoin is being used for illegal activities. It is used in the darknet to buy drugs, illegal guns, and illegal services. It is also used there to hire some hitman.

well it is used for it but fiat is used for illegal stuff like that too so i doubt its too big of a disadvantage

[escrowboy]

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

Yes, it is the reason why bitcoin develop so fast last 2010. It's time where people knew that using bitcoin for their illegal activities will make them safe because of it's anonymity.