Is bitcoin being used for illegal activities

[Bitcoinsummoner]

Since that bitcoin is very open to any individuals, which means it can be use for legal and illegal activities any transaction whether good or bad. It will be depend on how the individuals where they going to use their bitcoins.

Usually bitcoin's purpose is good, but there are bastards who are using it selfishly on their things which sometimes are illegal and leaving everyone the same stain and making normal people who are not using bitcoin that bad impression about it... 

Yes it is.  Those people were the one who really want the "make rich fast" thing.  And would do anything to become rich and of course using bitcoin or any other digital currency.  We know that bitcoin is really a good way to use for online transactions thus it is no wonder that people are using it on black market.  People are naturally selfish and greedy but those people who uses bitcoins on wrong things were evil.

Yes I agree with you those evil people will do anything for money without considering other people.  They would even sell their souls to devil just to be rich.  It become easy for these people to transact when bitcoin arrives.  They can do their evil transactions more easy, fast, and accurately.  Without any risk of exposing their through identities.

This is why government still didn;t publish it locally to use bitcoin because of this.. But i hope it can be change in the future..

[1Referee]

Every valuta in this world is probably being used for illegal activities so I don't see why bitcoin would be an exception especially cause bitcoins are anonymous.
Dark marketplaces are selling drugs guns hitman every other sick stuff and there's even undercovers on those markets so yes its being used for illegal stuff.

It's the media that always points at Bitcoin when these things happen. Just look at when fiat ransom is needed to pay in certain cases. The media softly reports about it. But when a few pocket change "hackers" demand like 5-10BTC in ransom, then Bitcoin is being seen as the evil that makes it possible to pull off these ransom demands. It's a shame.

[jonahmarieaton101]

BTC is money just like other currency so I assume yes but let's concentrate on its good side.

Yes BTC is money. It only matters that, the only person itself who use bitcoin will decide where he/she possible used the bitcoin and it depends for them where to use it, if it is in good way or in an illegal activities. And yes, lets just concentrate to use bitcoin in good ways.

[madwica]

BTC is money just like other currency so I assume yes but let's concentrate on its good side.

Yes BTC is money. It only matters that, the only person itself who use bitcoin will decide where he/she possible used the bitcoin and it depends for them where to use it, if it is in good way or in an illegal activities. And yes, lets just concentrate to use bitcoin in good ways.

There is always possibility to use it in illegal transactions but for me i do not like to happen that it will brings a big problem if government will trace that it will get banned in the country which the users are belong.

[vero]

BTC is money just like other currency so I assume yes but let's concentrate on its good side.

Yes BTC is money. It only matters that, the only person itself who use bitcoin will decide where he/she possible used the bitcoin and it depends for them where to use it, if it is in good way or in an illegal activities. And yes, lets just concentrate to use bitcoin in good ways.

There is always possibility to use it in illegal transactions but for me i do not like to happen that it will brings a big problem if government will trace that it will get banned in the country which the users are belong.

the government does not need to track every transaction because they already know that there are some bitcoin used for illegal transactions.

[Antonio G.]

BTC is money just like other currency so I assume yes but let's concentrate on its good side.

Yes BTC is money. It only matters that, the only person itself who use bitcoin will decide where he/she possible used the bitcoin and it depends for them where to use it, if it is in good way or in an illegal activities. And yes, lets just concentrate to use bitcoin in good ways.

Yeah, I agree with you guys, unfortunately, money will always be used for illegal activities.. but we should use BTC in good ways, good point 

[Sweetbtc]

BTC is money just like other currency so I assume yes but let's concentrate on its good side.

Yes BTC is money. It only matters that, the only person itself who use bitcoin will decide where he/she possible used the bitcoin and it depends for them where to use it, if it is in good way or in an illegal activities. And yes, lets just concentrate to use bitcoin in good ways.

Yeah, I agree with you guys, unfortunately, money will always be used for illegal activities.. but we should use BTC in good ways, good point 

There are so many wallets that have a few thousand satoshi in them just sitting there somewhere or lost in nowhere land.  The one factor that throws off the curve is the fact that the crimes that it has been used to launder money for or stay anonymous created some very large transactions and that may make an average look wrong.

[TastyChillySauce00]

Yes, aside from the mere fact that its a currency, the person transacting it will have anonymity. Thats why there are some online wallets needs id verification in order for you to make big transactions in btc.

online wallets doesn't require you to do verification with your gov document,the example of online wallet is blockchain.info or blocktrail
the one that require verification is an exchanger,when you're going to buy bitcoin there you'll be required to do verification although most of exchanger also having online wallet,but online wallet still can be used even you didn't verify your account for example coinbase or whatever

[katrimans]

Everyday it is being used in illegal activities. You could see it in twitter and facebook. Those scam site are attracting people then run away after they get what they want.

Well, as such many people use paypal for scamming others and even use it for trading illegal things like drugs and all, so shall we stop using paypal and other e-currency processors ? NO then why even bother if bitcoins are being used for illegal activities.

[Corenin]

Everyday it is being used in illegal activities. You could see it in twitter and facebook. Those scam site are attracting people then run away after they get what they want.

Well, as such many people use paypal for scamming others and even use it for trading illegal things like drugs and all, so shall we stop using paypal and other e-currency processors ? NO then why even bother if bitcoins are being used for illegal activities.

Yes and I think that nowadays bitcoin is used more for illegal activities as it offers privacy to its users and people use it freely as they don't have to disclose their identity.

[demonicsheikh]

I think it depends on user and not on the currency.......


Like you can either use atomic power to power up hospitals or destroy those hospitals........



Similarly Bitcoins are used for good things as well as bad things just like other currencies......

[martinacar]

Ofcourse bitcoin is being used for illegal activities if you look around the internet you will see alot of people trying to do illegal things with all kinds of valuta so it's easy to say yes it's being used in a bad way and like this bitcoin gets negative news but people have to realise same stuff happens with fiat so bitcoin is not to blame

[ekoice]

Bitcoin is also used for illegal activities, but dollar and other currencies are also used like that. The governments and bankers try to find a way to ban bitcoins but the truth is they cant since US govt also tried its best to ban bitcoin and it failed

[Zadicar]

Everyday it is being used in illegal activities. You could see it in twitter and facebook. Those scam site are attracting people then run away after they get what they want.

Well, as such many people use paypal for scamming others and even use it for trading illegal things like drugs and all, so shall we stop using paypal and other e-currency processors ? NO then why even bother if bitcoins are being used for illegal activities.

Yes and I think that nowadays bitcoin is used more for illegal activities as it offers privacy to its users and people use it freely as they don't have to disclose their identity.

Anonymity  is the main purpose why bitcoin is being used  in illegal activities that are  happening on dark web which is commonly used on  buying drugs and  other illegal things. This characteristics is truly an advantage  when  you do such thing because you would be hardly to be traced by authorities thats why  criminals and  other bad guys out there sees it as an advantage.

[torrentheaven]

Ofcourse bitcoin is being used for illegal activities if you look around the internet you will see alot of people trying to do illegal things with all kinds of valuta so it's easy to say yes it's being used in a bad way and like this bitcoin gets negative news but people have to realise same stuff happens with fiat so bitcoin is not to blame

Yeah and when it comes to an illegal activities I think the usage of fiat is maximum as people who are not aware about bitcoins yet will deal only with fiat but the issue is that they will never blame fiat for that.

[StarsValley]

In the past Russia banned bitcoin and according to them the reason was it is used for illegal activities, but now it has removed that ban which is a bigger proof that bitcoin is not used for illegal use.

[Ybalevia]

Off course are bitcoins being used for illegal activities and that is not strange because you dont know who is securing the bitcoin it cant be traced so why would you not do illegal things with it!

[Cozynunu]

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

porn and gambling are illegal in some countries,i also wondering how will goverment reaction if many people use bicoin for that activity,but nything happen with bitcoin,i still trust in bitcoin.

Allot of people are using bitcoins for illegal shit because they cant get caucht by doign it with the bitcoin because they cant trace it and that makes it better for illegal persons to pay things thanks to bitcoin....

[goinmerry]

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

porn and gambling are illegal in some countries,i also wondering how will goverment reaction if many people use bicoin for that activity,but nything happen with bitcoin,i still trust in bitcoin.

Allot of people are using bitcoins for illegal shit because they cant get caucht by doign it with the bitcoin because they cant trace it and that makes it better for illegal persons to pay things thanks to bitcoin....

That is actually the bad part of bitcoin. They can freely do transactions that cannot be traced. It is not really meant for that but they jusy keep on abusing it for the purpose of making a large amount of money in a faster way.

[eddyubachs]

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

porn and gambling are illegal in some countries,i also wondering how will goverment reaction if many people use bicoin for that activity,but nything happen with bitcoin,i still trust in bitcoin.

Allot of people are using bitcoins for illegal shit because they cant get caucht by doign it with the bitcoin because they cant trace it and that makes it better for illegal persons to pay things thanks to bitcoin....

That is actually the bad part of bitcoin. They can freely do transactions that cannot be traced. It is not really meant for that but they jusy keep on abusing it for the purpose of making a large amount of money in a faster way.

We will find both types of people in real world some will use it for good and some of them will use it for bad, but the fact is the percentage of using for illegal activities is higher and that creates a negative impression in the minds of people.