Is bitcoin being used for illegal activities

[x|8y8|x]

i dont think so. but if it is a fact then no matter every kind of currency are used for both good and bad activities.

[bitcoinhopper]

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.

You are a sort of right about this but I still think its bad that we are just accepting it because its not just something that we have to accept..
We should do something about it but I of course do not know how and how can do it at the bitcoin because it can indeed be made untraceable.

[coinsocieties]

Bitcoin users created more criminal activities from bitcoin use than what they could do with the bitcoin itself.  There are new scam sites popping up every day promising upwards to 3% interest per hour based on what you deposit.  This is just one of the many many scams out there with Bitcoin.

[Cyaren]

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.

The question is if bitcoins are being used for illegal activities? Everything is possible in the internet. And with the characteristics of bitcoins being untraceable to the authorities, transactions, illegal as it seems are sure to happen. Yes, bitcoins can be used in illegal activities.

[Katewinset]

Bitcoin is used in gambling which is illegal in most countries.

[Sharma]

well, it depends on the person who holding bitcoin if he wants to use it for illegal activities. i think the kind of ponzi schemes is already illegal.

Definitely. Bitcoin is there available for all to access for free, as it is an open P2P technology. What people choose to do with their bitcoins however, is entirely up to them.

However, bitcoin is certainly being used for illegal activities, mostly via the deep web.

Not just the deep web.  Even malwares like cryptolockers accepts BTCs as a mode of payment

[shinratensei_]

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?

but this is can change the people's mind, think bitcoin is not good and teach other people to avoid bitcoin too. maybe it's not change anything from the bitcoin but giving a big impact for a lot of people. especially for the person who want to use bitcoin.

[ardentvolcanoes]

If our actual currency is also used for some illegal activities outside the cyberworld so why not use digital currencies to illegal activities on the internet bitcoin is the most used and I guess it is the only digital currency that is used for payment method online so the criminals have choose bitcoin because it is easy to send a payment and its anonymity ..

[Enotche]

If our actual currency is also used for some illegal activities outside the cyberworld so why not use digital currencies to illegal activities on the internet bitcoin is the most used and I guess it is the only digital currency that is used for payment method online so the criminals have choose bitcoin because it is easy to send a payment and its anonymity ..

Bitcoin is technically still not anonymous, it pseudo anonymous. That is, there is no reference to a specific person, rather than about a person using only data address wallet that looks like a text string. However, all transactions recorded in the public blokcheyn and see all the transactions between all the addresses in history. If the fugitive just once admit an association with a particular address, then we will know the face of all transactions of the purse before and after. Cash, such as rubles, dollars or euros is also anonymous, but they do not allow the so-track transaction history.

[Iceborn]

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 is the bitcoin being used

[langedwig]

As said already, every currency is used for illegal and legal purposes. Money is the only source to convert the illegal stuffs to legal stuffs. This is obvious to everyone even to the govt.

[Cozynunu]

Bitcoins are used for illegal activities for sure there are to many people who think that the bitcoin is very save but there are so many criminals using the bitcoin and the main reason why
they are using the bitcoin is only that they cant be traced when they are paying trough the bitcoin.

[BrockHunter]

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 money. Every illegal activites that associated in money can also be done in bitcoin.

And no, I see it won't hurt bitcoin in the long run because after all good news about bitcoin still dominates over those bad.

Just deal with it because it's usual.

Off course are criminals using bitcoins and that is not strange because there are allot of people who know that bitcoins cant be traced so the criminals knowing that also. So they are
using the bitcoin to buy all kind of illegal things what ever you can think about.

[smcity]

Bitcoin is used for both legal and illegal activities.

[Qaoven]

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.

There are allot of people using bitcoins for illegal activities and that is not stranbge because i know that you cant trace bitcoins because there are to many of them and we
never know where he came from because we use wallets not related to our name and other things.

[hawkins]

Bitcoin is used for both legal and illegal activities.

I guess you're right, it is basically bitcoin is a transaction tool, and of course the advantages bitcoin having transactions very fast and very hard on the track to make bitcoin into a transaction tool suitable for illegal transactions, I think people who traffic illegal goods already using it since the first

[btcxyzzz]

Are dollars used for illegal activities?

[Cresciuanto]

Are dollars used for illegal activities?

i think not only dollar but all other currencies either these are local currencies or crypto currencies, they may be used for both good and bad activities. i think they need is to stop the ill legal activities with out arguing that for what kind of activities the currencies are use for.

[virasog]

Are dollars used for illegal activities?

i think not only dollar but all other currencies either these are local currencies or crypto currencies, they may be used for both good and bad activities. i think they need is to stop the ill legal activities with out arguing that for what kind of activities the currencies are use for.

All currencies can be used for illegal activities but cryto-currencies support more illegal activities that the identity of a person doing illegal activity is not disclosed.

[vero]

Are dollars used for illegal activities?

i think not only dollar but all other currencies either these are local currencies or crypto currencies, they may be used for both good and bad activities. i think they need is to stop the ill legal activities with out arguing that for what kind of activities the currencies are use for.

yes definitely each associated with money in it will be an act is illegal but I've thought a little bad if bitcoin used for illegal activities can actually help the prices rise because demand will increase.