Is bitcoin being used for illegal activities

[South Park]

Of course, Bitcoin is a currency, Therefore it's being used for illegal activity and that's a given, even USD is being used for illegal activity as well as any currency in the world... The fault is on the one using it for illegal activity not the currency.

Correct the currency does not have some kind of magical power in order to determine if the trade it’s being used is legal or illegal so it’s the responsibility of the user.

Yes it depends on the user on how he is going to use bitcoin, for good or for bad things. Since many people are already into bitcoins. We can't deny the fact that it is being used for different illegal activities. Since bitcoin is anonymous, the people who are doing that are taking advantage for using it since their information are not included per transaction.

Just a small correction bitcoin is not anonymous its pseudonymous since in order to reach a good level of anonymity you will need to take some measures like washing your coins and using Tor or something similar.

[Anemed]

I wish BTC is not used for illegal activities though it is a currency. Legal and illegal activities require money. It depends on who uses the coins. Lets utilize the bitcoins only for good purposes as it was created to benefit all and lets bring more fame and name to bitcoins and its founders.

[dimonchik13]

Bitcoin offers anonymity of its users, and therefore makes it possible to apply or use criminals for bad purposes. I do not think that this situation will lead to the popularity of bitcoin.

[BitHodler]

Bitcoin offers anonymity of its users, and therefore makes it possible to apply or use criminals for bad purposes. I do not think that this situation will lead to the popularity of bitcoin.

Only rookies and average Joe type of people that got brainwashed by the media channels think that Bitcoin being used by criminals is a bad thing.

In that matter, these people (you seem to be one as well) must look at how many horrific things are being financed with fiat currencies.

If you blame Bitcoin for illegal activities conducted by people, then you must blame fiat as well. Otherwise no one will take your words serious.

[arransiv]

I wish BTC is not used for illegal activities though it is a currency. Legal and illegal activities require money. It depends on who uses the coins. Lets utilize the bitcoins only for good purposes as it was created to benefit all and lets bring more fame and name to bitcoins and its founders.

With the anonymous factor and descentralized factor? I believe bitcoin was created for ilegal propouses or at least a lot of transactions are linked with something ilegal, we can't stop it and that's why bitcoin have this price.

[tubexc]

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

Unaccented your sentences but I assume that this is a question and not a statement.
It is a naive question because bitcoin itself is not criminal but it can be perverted like many other things are.
Each person should be police of her own and is not to blame if bitcoins are used by bad people.  

[kwuccduck]

I wish BTC is not used for illegal activities though it is a currency. Legal and illegal activities require money. It depends on who uses the coins. Lets utilize the bitcoins only for good purposes as it was created to benefit all and lets bring more fame and name to bitcoins and its founders.

Recently there was already information about the interest of the interpolation to bitcoin. The fact is that due to cryptocurrency was suggested that they could launder money earned by criminal means.

[kreskko]

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

Unaccented your sentences but I assume that this is a question and not a statement.
It is a naive question because bitcoin itself is not criminal but it can be perverted like many other things are.
Each person should be police of her own and is not to blame if bitcoins are used by bad people. 

Legalization cryptocurrency allow the use of digital money in all areas of human activity. Many countries and banks are beginning to look closely to blockchain and its capabilities. And it puts an end to the illegal use of bitcoin.

[Jonar21]

I wish BTC is not used for illegal activities though it is a currency. Legal and illegal activities require money. It depends on who uses the coins. Lets utilize the bitcoins only for good purposes as it was created to benefit all and lets bring more fame and name to bitcoins and its founders.

With the anonymous factor and descentralized factor? I believe bitcoin was created for ilegal propouses or at least a lot of transactions are linked with something ilegal, we can't stop it and that's why bitcoin have this price.

The popularity of bitcoin will grow along with its price. This is true. But raising funds for illegal use does not make for the currency in a positive way.

[bikbik2]

Bitcoin offers anonymity of its users, and therefore makes it possible to apply or use criminals for bad purposes. I do not think that this situation will lead to the popularity of bitcoin.

Only rookies and average Joe type of people that got brainwashed by the media channels think that Bitcoin being used by criminals is a bad thing.

In that matter, these people (you seem to be one as well) must look at how many horrific things are being financed with fiat currencies.

If you blame Bitcoin for illegal activities conducted by people, then you must blame fiat as well. Otherwise no one will take your words serious.

For me, the use of anonymous bitcoin has no value. It is also not interested in using cryptocurrency illegal purposes. Yet the lack of monitoring and tracking information about the owner, give an advantage in the absence of tax payment. This is a very nice plus.

[goldcoinminer]

I wish BTC is not used for illegal activities though it is a currency. Legal and illegal activities require money. It depends on who uses the coins. Lets utilize the bitcoins only for good purposes as it was created to benefit all and lets bring more fame and name to bitcoins and its founders.

With the anonymous factor and descentralized factor? I believe bitcoin was created for ilegal propouses or at least a lot of transactions are linked with something ilegal, we can't stop it and that's why bitcoin have this price.

The popularity of bitcoin will grow along with its price. This is true. But raising funds for illegal use does not make for the currency in a positive way.

How? I guess as long as we can spend our bitcoin we can already help the economy of bitcoin to prosper and actually when there is a big demand the price of bitcoin will increase and one of the big demands are in illegal activities. Bitcoin does not have any relation to that since we are transacting in an anonymous way.

[dothebeats]

I wish BTC is not used for illegal activities though it is a currency. Legal and illegal activities require money. It depends on who uses the coins. Lets utilize the bitcoins only for good purposes as it was created to benefit all and lets bring more fame and name to bitcoins and its founders.

As long as bitcoins has value and can buy anything, then it will be utilized for illegal activities and other criminal-related stuff. Same goes to fiat. Also, as long as there would be ill-minded people, there would be illegal activities, and you cannot control those factors no matter how hard you try.

[abel1337]

I wish BTC is not used for illegal activities though it is a currency. Legal and illegal activities require money. It depends on who uses the coins. Lets utilize the bitcoins only for good purposes as it was created to benefit all and lets bring more fame and name to bitcoins and its founders.

As long as bitcoins has value and can buy anything, then it will be utilized for illegal activities and other criminal-related stuff. Same goes to fiat. Also, as long as there would be ill-minded people, there would be illegal activities, and you cannot control those factors no matter how hard you try.

Thats right, anything that has a value can use in illegal activities.If bitcoin has no value anymore it will not be able to use it to illegal activities cause no one will accept trash.

[ajun96]

I wish BTC is not used for illegal activities though it is a currency. Legal and illegal activities require money. It depends on who uses the coins. Lets utilize the bitcoins only for good purposes as it was created to benefit all and lets bring more fame and name to bitcoins and its founders.

With the anonymous factor and descentralized factor? I believe bitcoin was created for ilegal propouses or at least a lot of transactions are linked with something ilegal, we can't stop it and that's why bitcoin have this price.

I think we can not fault it, bitcoin has decentralized and anonymous is because someone(creator) wants a freedom and secrecy so that's why bitcoin made #imo. regardless of the user to use it for illegal activity or not, I think we have no right to interfere with it, because every user is free stree right ?

[chineseprancing]

I wish BTC is not used for illegal activities though it is a currency. Legal and illegal activities require money. It depends on who uses the coins. Lets utilize the bitcoins only for good purposes as it was created to benefit all and lets bring more fame and name to bitcoins and its founders.

As long as bitcoins has value and can buy anything, then it will be utilized for illegal activities and other criminal-related stuff. Same goes to fiat. Also, as long as there would be ill-minded people, there would be illegal activities, and you cannot control those factors no matter how hard you try.

Thats right, anything that has a value can use in illegal activities.If bitcoin has no value anymore it will not be able to use it to illegal activities cause no one will accept trash.

Agree with you mate that all things have value can be used in illegal activities and money is one of the things that can used easily in illegal activities specially bitcoin it is online transaction and all of us are can not declare all our information about our selves that is why bitcoin can used in illegal activities.

[mirakal]

I wish BTC is not used for illegal activities though it is a currency. Legal and illegal activities require money. It depends on who uses the coins. Lets utilize the bitcoins only for good purposes as it was created to benefit all and lets bring more fame and name to bitcoins and its founders.

As long as bitcoins has value and can buy anything, then it will be utilized for illegal activities and other criminal-related stuff. Same goes to fiat. Also, as long as there would be ill-minded people, there would be illegal activities, and you cannot control those factors no matter how hard you try.

Thats right, anything that has a value can use in illegal activities.If bitcoin has no value anymore it will not be able to use it to illegal activities cause no one will accept trash.

Bitcoin will never be worthless because illegal users of it find a home in the crypto world. They can easily do their business with bitcoin as it is anonymous and they do no need to worry about getting caught for doing their activities.

It is not that we tolerate them but we cannot do anything to control them.

[Skarner21]

I wish BTC is not used for illegal activities though it is a currency. Legal and illegal activities require money. It depends on who uses the coins. Lets utilize the bitcoins only for good purposes as it was created to benefit all and lets bring more fame and name to bitcoins and its founders.

As long as bitcoins has value and can buy anything, then it will be utilized for illegal activities and other criminal-related stuff. Same goes to fiat. Also, as long as there would be ill-minded people, there would be illegal activities, and you cannot control those factors no matter how hard you try.

Thats right, anything that has a value can use in illegal activities.If bitcoin has no value anymore it will not be able to use it to illegal activities cause no one will accept trash.

Bitcoin will never be worthless because illegal users of it find a home in the crypto world. They can easily do their business with bitcoin as it is anonymous and they do no need to worry about getting caught for doing their activities.

It is not that we tolerate them but we cannot do anything to control them.

I think illegal activities can be still caught because after they deal with bitcoin like drugs how they can ship those drugs?
So if they bringing it and package in the airport it can be scan right now and they will be caught..
So i think they are just using bitcoin for dealing only for online illegal activities like selling fake paypal account.. or hack account..

[DeDordtenaar]

I wish BTC is not used for illegal activities though it is a currency. Legal and illegal activities require money. It depends on who uses the coins. Lets utilize the bitcoins only for good purposes as it was created to benefit all and lets bring more fame and name to bitcoins and its founders.

Recently there was already information about the interest of the interpolation to bitcoin. The fact is that due to cryptocurrency was suggested that they could launder money earned by criminal means.

agree, I think any kind of currencies cash or digital, cryptocurrency or fiat. I think it all depends on the users. If you know of dollars and cash is also used for illegal activities. you do not know it because it is hidden. I think all the currency used to it. so do not blame bitcoin or cryptocurrency excessive

[Positid]

Yes, we might not see it, as we cannot see who is using bitcoin, but for sure there are people who are using bitcoin like money to fund their illegal activity...maybe some people are keeping their money asset as bitcoin to make sure that government won't see it... but definitely it won't hurt bitcoin...

If people are using then let them do it because they have all the freedom to do it. I would not be surprise if some are using it in illegal activities because bitcoin has all the feature to be the best currency for illegal activities, it would not be a downfall for bitcoin if some are using it for illegal activities.

[Xenophoto]

Yes, we might not see it, as we cannot see who is using bitcoin, but for sure there are people who are using bitcoin like money to fund their illegal activity...maybe some people are keeping their money asset as bitcoin to make sure that government won't see it... but definitely it won't hurt bitcoin...

Actually we can easily see it. Just simply going to darkNet marketplaces proves it all. Everything in there are transacted using bitcoins. Also, you don't have to see it for yourself. Just like any other currencies, bitcoin will always be used in illegal activities. It's money and criminals want that. It's just that bitcoin has anonymity features which makes criminals used it much more than any other payment method.