Is bitcoin being used for illegal activities

[vino.gcs]

You can do illegal things with any currency. Even with fiat and it is happening as I am typing this shit! To be honest, Bitcoin is more safe for illegal activities than fiat, that's that. Just because that no government is going to ban this. They just can't.

[Betwrong]

Yes Bitcoin is being used for illegal activities, I think everybody who at least heard something about Bitcoin knows that. But we shouldn't forget that almost everything in the world, fiat money, guns, knives, drugs, ... even simple water is being used for illegal activities one way or another. So it's your personal choice how to look at things and their place in the world.

IMO it is better to not emphasize the dark side of something especially if you are going to work with this thing in the future, but of course we shouldn't be unaware of this side.

[chaser15]

I don't know why people make such a big deal about criminal activity for Bitcoin. Fiat has way more criminal activity. It definitely is used for illegal activity.

It's not for a big deal matter. Just some concerns if bitcoin is being used too for illegal activities.

And we know that the answer is obvious as bitcoin is also money, have value and can be used on whatever desire that people wants.

[TastyChillySauce00]

You can do illegal things with any currency. Even with fiat and it is happening as I am typing this shit! To be honest, Bitcoin is more safe for illegal activities than fiat, that's that. Just because that no government is going to ban this. They just can't.

so what do you think about every address's transaction history that can't be deleted from the blockchain and can be accessed anytime by using blockchain explorer when if you're using fiat there's no way to trace you if none saw you making a transaction,even bitcoin is not safe for illegal thing

[Rizky Aditya]

Bitcoin is being used for illegal activities as much as fiat is being used for illegal activities, it doesn't mean it's the fault of bitcoin or that bitcoin is a bad currency.
There's criminals everywhere and bitcoin is attractive cause it's very anonymous to all those criminals.

criminal activities are even higher with fiat. and this is btw a sign of a good currency. everyone can use it. if you leave certain people out and you can decide who can use it, then you have a bad currency.

Yup, fiat world is too big, more crimes, maybe criminals will use bitocin to do bad things, it is beneficial to bitcoin price.

I don't know why people make such a big deal about criminal activity for Bitcoin. Fiat has way more criminal activity. It definitely is used for illegal activity.

not people, say the Media. there is a difference.
and it has two major reasons, one of them is that the media is always hungry for publishing these types of news, mostly negative and ugly and more importantly HOT. it is either click bait, increasing more sale, or viewers, ...
and also there is this propaganda to not let bitcoin grow, that is why they show it in a negative light and show it as a criminals coin.

Yeah the media love to hate on Bitcoin. Fiat is probably worse when it comes to criminal activity, but there always seems to be a problem with Bitcoin.

[ashiqdey]

bitcoin is anonymous digital money and there is more scope to use the money for illegal activities. in dark net there is more use of cryptocurrency think because bank system would make them insecure. although we will know that boffin is getting transferred grim account to another but we week not know that whether it is used for legal or illegal purpose.

[Mersedes]

bitcoin is anonymous digital money and there is more scope to use the money for illegal activities. in dark net there is more use of cryptocurrency think because bank system would make them insecure. although we will know that boffin is getting transferred grim account to another but we week not know that whether it is used for legal or illegal purpose.

If you are already using exactly will conduct monetary transactions related to illegal actions, the bitcoin more interested in international police organization.

[Karloff]

bitcoin is anonymous digital money and there is more scope to use the money for illegal activities. in dark net there is more use of cryptocurrency think because bank system would make them insecure. although we will know that boffin is getting transferred grim account to another but we week not know that whether it is used for legal or illegal purpose.

If you are already using exactly will conduct monetary transactions related to illegal actions, the bitcoin more interested in international police organization.

If you already have an interpolation will take up this matter, it could have done a lot of problems. And since many countries do not want to accept bitcoin as a currency.

[OnlyMarket]

Aw shit, I guess we have to ban cash because it's used for purchasing drugs. :/

To answer your question, they can't do shit.

[Doamader]

Bitcoin will be used for good as well bad things the same way it happens for several years with fiat, soo nothing new here, besides its harder to trace the people who are under the dark marketplaces.

[ethereumhunter]

Bitcoin will be used for good as well bad things the same way it happens for several years with fiat, soo nothing new here, besides its harder to trace the people who are under the dark marketplaces.

i agree, there are no way to detect what bitcoin is using by legal or illegal by someone, the only thing that we can do is we honest to ourself and we can thinking just for good thing so we don't have to risk our life for doing illegal activities.

[Shinpako09]

Bitcoin will be used for good as well bad things the same way it happens for several years with fiat, soo nothing new here, besides its harder to trace the people who are under the dark marketplaces.

Yeah what other people wrong is they are blaming bitcoin for illegal activity which is incorrect. Why do they blame bitcoin if fiat also being used in illegal activity. Its the same so theres no reason to blame btc.

[goldcoinminer]

Bitcoin will be used for good as well bad things the same way it happens for several years with fiat, soo nothing new here, besides its harder to trace the people who are under the dark marketplaces.

Yeah what other people wrong is they are blaming bitcoin for illegal activity which is incorrect. Why do they blame bitcoin if fiat also being used in illegal activity. Its the same so theres no reason to blame btc.

That's how the way they see because of lack of knowledge and I can say that most of the people who only understands bitcoin are those who are enjoying its benefits, and besides we cannot control that people, if fiat is used for illegal activities, how much more a bitcoin.

[bitkilo]

All types of money will be used for some sort of illegal activities at some point in its life.
It could be as simple as purchasing alcohol is a country where it's illegal or buying a kilo of coke.

There is nothing special about illegal goods being purchased with bitcoin, illegal goods have been purchased for decades with fiat cash.

If this trend continues, about any promotion of bitcoin can be no question. If using bitcoin will break the law, then the time will come when the government will look for ways to control cryptocurrency.

The governments can try shut it down all they want, and they have already tried in some ways but bitcoin and other crypto currencies are not going away.

[bamboylee]

Makes me wonder what if bitcoin had been around during the reign of Pablo Escobar. I have been watching a lot of Narcos lately and it just crossed my mind. Those buried money would not have rotten if they were converted. 

That's right, but money is still being buried in some cases, so in that aspect not much has changed. At this point they would either had to purchase a huge load of coins through cash money, or they put it into stolen art for example. I personally would at all times go for Bitcoin since you only need an USD stick to store hundreds of millions worth of coins.

Well in that aspect bitcoin has the advantage, however if you will try to analyze majority of the transactions in this world are done manually or offline transaction, so bitcoin is only good for activities that involves online transaction.

Criminals use offline transaction or in cash to avoid traces of transactions. Now that bitcoin is here, they can use bitcoin because it is anonymous and untraceable. So criminals now have an option to use bitcoin instead of cash.

[Windpower]

Aw shit, I guess we have to ban cash because it's used for purchasing drugs. :/

To answer your question, they can't do shit.

Unless they ban every Bitcoin related website, then yeah, they can't do shit. Even if they ban all Bitcoin websites, they can't go to everyone's house and take their hardware or software wallet. This means that people can still trade and use Bitcoin.

[mirakal]

Aw shit, I guess we have to ban cash because it's used for purchasing drugs. :/

To answer your question, they can't do shit.

Unless they ban every Bitcoin related website, then yeah, they can't do shit. Even if they ban all Bitcoin websites, they can't go to everyone's house and take their hardware or software wallet. This means that people can still trade and use Bitcoin.

They cannot ban bitcoin because we have the freedom to use it and that is not good for the humanity, bitcoin has a good benefits for majority of people, so if the minority is using it for illegal activities that is not a good ground to ban bitcoins. In any cases, the majority always win.

[23dzmaz]

I'm sure yes, somewhere out there bitcoin being used for illegal activites. Using bitcoin as the payment for illegal activities is really good for the buyer and the seller, because it's easy to use and have low fee.

[SANALIU]

Aw shit, I guess we have to ban cash because it's used for purchasing drugs. :/

To answer your question, they can't do shit.

bitcoin still anonymous not verified not dispute not baned system
if you use wallet blockchain, or dekstop wallet this electrum and another dekstop wallet
you can always use bitcoin addres bitcoin in all time never baned

because until now bitcoin still anonymous not owner not founder, founder satsohi nakamoto still anonymous

[passwordnow]

I'm sure yes, somewhere out there bitcoin being used for illegal activites. Using bitcoin as the payment for illegal activities is really good for the buyer and the seller, because it's easy to use and have low fee.

Well not just bitcoins but as well as fiat money because the people in the deep web or dark marketplaces are in favor of using bitcoins. Because of its anonymity they are loving that feature of bitcoin. But it is not totally and completely anonymous because if someone is just going to trace the transactions, they would do.