Is bitcoin being used for illegal activities

[Aamir1]

No. We've heard this thing a lot of times on the news channels but it's not true. It is used for illegal activities just like USD and EUR is being used. It's not such a big difference between the two, except the fact that people would obviously prefer doing these kinds of transactions through anonymous methods than through cash.

And even if it is used for illegal transactions or illegal activities it would probably make no difference to it as you mentioned that those kind of things are also done with other currencies like USD or Euro but people don't blame the currencies for these kind of things.

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[blackmachinegun]

If someone payd bitcoins for something wrong this doesn't mean bitcoin is illegal, it was used illegally.

yeah true what you say that just because users do or use bitcoin for activities not mean bitcoin currency is also a black and illegal. I think it was back to the user, even many charities who accept bitcoin, I think it depends on the user's own

[OrangeII]

If someone payd bitcoins for something wrong this doesn't mean bitcoin is illegal, it was used illegally.

yeah true what you say that just because users do or use bitcoin for activities not mean bitcoin currency is also a black and illegal. I think it was back to the user, even many charities who accept bitcoin, I think it depends on the user's own

you're right, even the dollar is also not free from such activities. dollar has a clear transactions alone are usually used for illegal activities, especially with bitcoin, which has a tough track transactions. Well, but also very often digubakan bitcoin for legal activity, even today many people use

[South Park]

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

of course bitcoin have been using for many illegal activities since 2010 by many hacker and illegal organization. However, do not worry about that, many bad guys still use FIAT money for illegal job and no one can prevent them. And now people use bitcoin more usually, the government can not ban bitcoin

Its been really  used  since it was created because  of its anonymity  and  criminal people would  really like that  because its really hard to trace them  up  with using bitcoin  thats  why its commonly used on  darknet and we should really accept the fact regarding  on this thing and we cant do anything about it.

Mistake, bitcoin is not anonymous is pseudo anonymous, and bitcoins can be easily tracked if you don’t take measures, like using tor and a service that washes coins.

Or, the cheapest way possible to mix your coins and add a layer of confusion to those who eant to track your spending is to deposit it into an exchange and send the coins there. At least, you won't pay a couple more extra to just blur your coins out of the open.

Now that you mention that, it occurred to me that you could wash your bitcoin bit investing in bitcoin casinos, or by depositing a balance in a casino and then getting back coins not linked to your address.

[socks435]

If someone payd bitcoins for something wrong this doesn't mean bitcoin is illegal, it was used illegally.

yeah true what you say that just because users do or use bitcoin for activities not mean bitcoin currency is also a black and illegal. I think it was back to the user, even many charities who accept bitcoin, I think it depends on the user's own

you're right, even the dollar is also not free from such activities. dollar has a clear transactions alone are usually used for illegal activities, especially with bitcoin, which has a tough track transactions. Well, but also very often digubakan bitcoin for legal activity, even today many people use

This is one of the reason why many people are choosing bitcoin to use for illegal because you can not track your transaction if you use bitcoin mixers..
And you dont need to give your real identity in bitcoin..

[lootz]

Of course it is, just like every other currency.

[ajun96]

No. We've heard this thing a lot of times on the news channels but it's not true. It is used for illegal activities just like USD and EUR is being used. It's not such a big difference between the two, except the fact that people would obviously prefer doing these kinds of transactions through anonymous methods than through cash.

yeah true what you say that this is not much different from what they are doing well with the fiat as USD or GBP, and so forth, this is a usual phenomenon and we will not be able to stop them for that, because basically everyone has the freedom to using money or their bitcoin

[South Park]

No. We've heard this thing a lot of times on the news channels but it's not true. It is used for illegal activities just like USD and EUR is being used. It's not such a big difference between the two, except the fact that people would obviously prefer doing these kinds of transactions through anonymous methods than through cash.

yeah true what you say that this is not much different from what they are doing well with the fiat as USD or GBP, and so forth, this is a usual phenomenon and we will not be able to stop them for that, because basically everyone has the freedom to using money or their bitcoin

I disagree a little bit it’s not the same the amount of trades related to criminal activity is very low compared to the amount of deals done in fiat and the corruption that goes along with it.

[mastica]

No. We've heard this thing a lot of times on the news channels but it's not true. It is used for illegal activities just like USD and EUR is being used. It's not such a big difference between the two, except the fact that people would obviously prefer doing these kinds of transactions through anonymous methods than through cash.

yeah true what you say that this is not much different from what they are doing well with the fiat as USD or GBP, and so forth, this is a usual phenomenon and we will not be able to stop them for that, because basically everyone has the freedom to using money or their bitcoin

I disagree a little bit it’s not the same the amount of trades related to criminal activity is very low compared to the amount of deals done in fiat and the corruption that goes along with it.

The problem is if the countries could stop those marketplaces the police wouldnt be needed, soo the governement couldnt steal money saying thats for our security, and in fact they cant take all criminals into the jail, no space. Since the begining media tryed to kill bitcoin saying its connected to silk road, soo we the honest people they didnt said nothing about, bitcoin wont die now and might last forever, as long the interest keeps into it.

[Bitcoinbro]

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

To keep it real I do think that bitcoin is being used for some illegal things online but I do not really care about that because I am making use of bitcoin for my self.
I am not here to play police man and keep track of those things, there is nothing you can do about it.

[South Park]

No. We've heard this thing a lot of times on the news channels but it's not true. It is used for illegal activities just like USD and EUR is being used. It's not such a big difference between the two, except the fact that people would obviously prefer doing these kinds of transactions through anonymous methods than through cash.

yeah true what you say that this is not much different from what they are doing well with the fiat as USD or GBP, and so forth, this is a usual phenomenon and we will not be able to stop them for that, because basically everyone has the freedom to using money or their bitcoin

I disagree a little bit it’s not the same the amount of trades related to criminal activity is very low compared to the amount of deals done in fiat and the corruption that goes along with it.

The problem is if the countries could stop those marketplaces the police wouldnt be needed, soo the governement couldnt steal money saying thats for our security, and in fact they cant take all criminals into the jail, no space. Since the begining media tryed to kill bitcoin saying its connected to silk road, soo we the honest people they didnt said nothing about, bitcoin wont die now and might last forever, as long the interest keeps into it.

Well, the media is obviously in the bed with the government, so they are trying to destroy bitcoin because bitcoin has allowed people to do transaction with money that is not issued by any government in the world.

[katrimans]

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

Bitcoins are not used for illegal activities and if you call gambling a illegal activity, since its banned in some countries then well, I am sorry but your thinking is stubborn and hilarious. because come on, how can you stop someone from having fun with his money the way he wants. Apart from that, I do not think BTC are being used anywhere illegally.

[StarofBTC]

No. We've heard this thing a lot of times on the news channels but it's not true. It is used for illegal activities just like USD and EUR is being used. It's not such a big difference between the two, except the fact that people would obviously prefer doing these kinds of transactions through anonymous methods than through cash.

yeah true what you say that this is not much different from what they are doing well with the fiat as USD or GBP, and so forth, this is a usual phenomenon and we will not be able to stop them for that, because basically everyone has the freedom to using money or their bitcoin

I disagree a little bit it’s not the same the amount of trades related to criminal activity is very low compared to the amount of deals done in fiat and the corruption that goes along with it.

You mean there are more illegal activities with bitcoins than USD and others ? If so you are wrong friend, because see bitcoins first of all I hope and believe not known to illegal and wrong people. While with USD almost 90% of the world is aware and hence obviously more crime and illegal will happen with USD than with BTC.

[hend442]

bitcoin is can be used for illegal doings as long it has value its still money. It can buy destructive arms and can pay for hoodlums to do bad things.

[Alauria]

Yes it is used for criminal activities but that is not a bad thing at all because its logical that it happens these days.
Bitcoin is used for this a lot but we cannot do anything about it too so why not.

[goldcoinminer]

Yes it is used for criminal activities but that is not a bad thing at all because its logical that it happens these days.
Bitcoin is used for this a lot but we cannot do anything about it too so why not.

Authorities should make their job to capture the criminals but not to stop bitcoin, any currency can be use for illegal activities and even fiat. In overall this would help the market of bitcoin to grow and anyone will be beneficial in using bitcoin.

[marleybobthedog]

There is more chance of using bitcoin for illegal activities because it's pseudonymous and no one can know who is sending money to whom. I had heard that people are taking more about bitcoin in dark net. Probably people will definitely use bitcoin for doing anonymous activity

[Roboabhishek]

Of course bitcoin is being used for illegal activities
Since the government has no Access to the transactions have been processed for these activities through bitcoins.
Also i have seen some deep market websites which accepts bitcoins for selling drugs and Stolen Stuffs.

[delliaerd]

Of course bitcoin is being used for illegal activities
Since the government has no Access to the transactions have been processed for these activities through bitcoins.
Also i have seen some deep market websites which accepts bitcoins for selling drugs and Stolen Stuffs.

Bitcoin for transactions to distributed drugs, that is very mostly serious problem. You are absolutely right, because bitcoin is anonymously and it transactions also anonym. No one knows the real people that makes a transaction in bitcoin.
The other illegal activities in my region is playing Gambling with bitcoin as well. In my region playing Gambling or games related with that is illegal, moreover that illegal activities most found in internets, online gambling.

[Golftech]

There is more chance of using bitcoin for illegal activities because it's pseudonymous and no one can know who is sending money to whom. I had heard that people are taking more about bitcoin in dark net. Probably people will definitely use bitcoin for doing anonymous activity

yes mate i heard that too, here in my country since btc is not that popular yet those drug dealer taking the advantage of it, but suddenly they been caught by our local police because the transaction that they made has been trace using the local exchange.