Is bitcoin being used for illegal activities

[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

Any currency is used for illegal activities.Bitcoin is used for this as well.

I don`t see a problem here.This might hurt bitcoin reputation, but a don`t see any major damage.

The ones hurting bitcoin reputation is the media, banks and governments, since its very obvious anything can be used for good and evil, bitcoin is only a tool, but since the powerful don't control it they cannot allow it to thrive or they could lose a chunk of their power.

[romero121]

Those who are engaging on illegal activities by the use of bitcoin they are just putting themselves in danger. Bitcoin will having a negative mark regarding that once their government knows about it and for sure it is highly possible to ban btc in their country by the government.

Physical cash is the most common medium for purchasing hard drugs, firearms and other contraband in many of the countries. Did that lead to the banning of physical cash by the governments?

Physical cash is the one that has got acceptance among most of the services. But now most of the advancing users prefer bitcoin, because of its high security than fiat. Few months back a team of hackers collapsed entire management operations of a hospital and demanded pay in terms of bitcoin to resolve it. So based upon the users need and accessibility they choose fiat and bitcoin for illegal activities.

[Zadicar]

Those who are engaging on illegal activities by the use of bitcoin they are just putting themselves in danger. Bitcoin will having a negative mark regarding that once their government knows about it and for sure it is highly possible to ban btc in their country by the government.

Physical cash is the most common medium for purchasing hard drugs, firearms and other contraband in many of the countries. Did that lead to the banning of physical cash by the governments?

Physical cash is the one that has got acceptance among most of the services. But now most of the advancing users prefer bitcoin, because of its high security than fiat. Few months back a team of hackers collapsed entire management operations of a hospital and demanded pay in terms of bitcoin to resolve it. So based upon the users need and accessibility they choose fiat and bitcoin for illegal activities.

On advanced users bitcoins will surely in demand but for traditional ways fiat will be considered still. Thats not always the case because using such situations doesnt mean it will increase the awareness into bitcoin even they demanded for bitcoin payments but we could really say that bitcoin could be used on illegal activities and asking it to anybody doesnt inlcude.

[Positid]

Those who are engaging on illegal activities by the use of bitcoin they are just putting themselves in danger. Bitcoin will having a negative mark regarding that once their government knows about it and for sure it is highly possible to ban btc in their country by the government.

Physical cash is the most common medium for purchasing hard drugs, firearms and other contraband in many of the countries. Did that lead to the banning of physical cash by the governments?

Physical cash is the one that has got acceptance among most of the services. But now most of the advancing users prefer bitcoin, because of its high security than fiat. Few months back a team of hackers collapsed entire management operations of a hospital and demanded pay in terms of bitcoin to resolve it. So based upon the users need and accessibility they choose fiat and bitcoin for illegal activities.

On advanced users bitcoins will surely in demand but for traditional ways fiat will be considered still. Thats not always the case because using such situations doesnt mean it will increase the awareness into bitcoin even they demanded for bitcoin payments but we could really say that bitcoin could be used on illegal activities and asking it to anybody doesnt inlcude.

No question with that as there are still people who only live a simple life, they do not care about bitcoin what they want is just to survive. have food on daily basis and they are contented, most of the users of bitcoin are business minded and only few of the people have that kind of thinking as most of us are consumers.

[Liad.Services]

Those who are engaging on illegal activities by the use of bitcoin they are just putting themselves in danger. Bitcoin will having a negative mark regarding that once their government knows about it and for sure it is highly possible to ban btc in their country by the government.

Physical cash is the most common medium for purchasing hard drugs, firearms and other contraband in many of the countries. Did that lead to the banning of physical cash by the governments?

Physical cash is the one that has got acceptance among most of the services. But now most of the advancing users prefer bitcoin, because of its high security than fiat. Few months back a team of hackers collapsed entire management operations of a hospital and demanded pay in terms of bitcoin to resolve it. So based upon the users need and accessibility they choose fiat and bitcoin for illegal activities.

Yes, physical cash is liked and accepted everywhere, but it is pretty hard to transfer it if you are living at another country or another state.
Bitcoin is pretty easy if you take in consideration that you can transfer money in less then a couple of minutes to the other side of the world, with a pretty low fee considering the fees that the bank are charging you for a transfer.

[Potato Chips]

Those who are engaging on illegal activities by the use of bitcoin they are just putting themselves in danger. Bitcoin will having a negative mark regarding that once their government knows about it and for sure it is highly possible to ban btc in their country by the government.

Physical cash is the most common medium for purchasing hard drugs, firearms and other contraband in many of the countries. Did that lead to the banning of physical cash by the governments?

Physical cash is the one that has got acceptance among most of the services. But now most of the advancing users prefer bitcoin, because of its high security than fiat. Few months back a team of hackers collapsed entire management operations of a hospital and demanded pay in terms of bitcoin to resolve it. So based upon the users need and accessibility they choose fiat and bitcoin for illegal activities.

Yes, physical cash is liked and accepted everywhere, but it is pretty hard to transfer it if you are living at another country or another state.
Bitcoin is pretty easy if you take in consideration that you can transfer money in less then a couple of minutes to the other side of the world, with a pretty low fee considering the fees that the bank are charging you for a transfer.

You're right, this is the reason why bitcoin is so popular in silkroad, Aside from its low fees, bitcoin is also anonymous so the user will be hard to trace and it's so easy to send money all over the world in just a couple of minutes which is perfect for illegal transactions.

[Daniel91]

Yes, of course.
For example, i heard news that police catch drug dealers in my country recently.
They ordered and bought drugs in dark web with Bitcoin.
Criminals always want to hide their activities and identities and because of it Bitcoin is perfect for them.
It's bad fact for us, because general public can become negative about Bitcoin, because of this.

[South Park]

Those who are engaging on illegal activities by the use of bitcoin they are just putting themselves in danger. Bitcoin will having a negative mark regarding that once their government knows about it and for sure it is highly possible to ban btc in their country by the government.

Physical cash is the most common medium for purchasing hard drugs, firearms and other contraband in many of the countries. Did that lead to the banning of physical cash by the governments?

Physical cash is the one that has got acceptance among most of the services. But now most of the advancing users prefer bitcoin, because of its high security than fiat. Few months back a team of hackers collapsed entire management operations of a hospital and demanded pay in terms of bitcoin to resolve it. So based upon the users need and accessibility they choose fiat and bitcoin for illegal activities.

Yes, physical cash is liked and accepted everywhere, but it is pretty hard to transfer it if you are living at another country or another state.
Bitcoin is pretty easy if you take in consideration that you can transfer money in less then a couple of minutes to the other side of the world, with a pretty low fee considering the fees that the bank are charging you for a transfer.

And to that I would like to add, you can move your bitcoin very easily with you when you travel, unlike fiat, you could carry your bitcoin in your computer, USB a hardware wallet, paper wallet or an online wallet and no one will know how much money you are carrying and you will have no need to declare it.

[richardsNY]

Yes, of course.
For example, i heard news that police catch drug dealers in my country recently.
They ordered and bought drugs in dark web with Bitcoin.
Criminals always want to hide their activities and identities and because of it Bitcoin is perfect for them.
It's bad fact for us, because general public can become negative about Bitcoin, because of this.

Drug dealers are slowly shifting their business to the online deep net markets as they can sell their goods to a much greater number of people compared to when they do their thing locally. Another benefit for them is that they don't have to sell drugs to people face to face anymore. Such cases will only occur more often than has been happening lately. Bitcoin is taking over. It will probably give the media extra reason to continue spreading negativity.

[BuySomeBitcoins]

Bitcoin is the currency of pizza and cocaine - just like cash.

[hawkins]

Yes, of course.
For example, i heard news that police catch drug dealers in my country recently.
They ordered and bought drugs in dark web with Bitcoin.
Criminals always want to hide their activities and identities and because of it Bitcoin is perfect for them.
It's bad fact for us, because general public can become negative about Bitcoin, because of this.

Drug dealers are slowly shifting their business to the online deep net markets as they can sell their goods to a much greater number of people compared to when they do their thing locally. Another benefit for them is that they don't have to sell drugs to people face to face anymore. Such cases will only occur more often than has been happening lately. Bitcoin is taking over. It will probably give the media extra reason to continue spreading negativity.

bitcoin does have advantages that support the traders to trade something illegal. it becomes a target for merchants to use a tool that is extremely difficult to detect transaction was to sell their merchandise is illegal as cocaine, and illicit drugs other. I think this is a public secret

[CoralPay]

Every kind of money is used for illegal activities, but bitcoin has been blamed to be used more for those purpose because we can say it was its first use.
I think that now is still use for illegal activities but it's not its main use anymore!

[amiryaqot]

Yes sure it had wide use in illegal activities because it's anonymous and gives criminal freedom of money and they keeps themself hidden.

It depend on people how they like to use because BTCitcoin is way of freedom, I don't think it only used for criminal activities at the moment conditions have been changed very bigger merchants are involved to them.

[bryant.coleman]

Every kind of money is used for illegal activities, but bitcoin has been blamed to be used more for those purpose because we can say it was its first use. I think that now is still use for illegal activities but it's not its main use anymore!

That is the problem. In 2011 and 2012, there were hardly any online shops accepting Bitcoin as a payment method, other than the dark markets which sold contraband such as drugs, stolen credit cards, and firearms. Bitcoin first attracted media attention due to its link with dark markets such as Silk Road, Black Market Reloaded and Sheep Marketplace.

[bluefirecorp]

we can not use bitcoin for illegal activity because have no physical shape so we can say that bitcoin can be never use for illegal activity and fiat can be use for illegal activity because fiat have physical shape .

[mirakal]

we can not use bitcoin for illegal activity because have no physical shape so we can say that bitcoin can be never use for illegal activity and fiat can be use for illegal activity because fiat have physical shape .

Maybe you try to check in the dark market, they have been using bitcoin already before your statement. It has been widely use dude because they take advantage on the anonymity of bitcoin and people doing illegal transaction are freely doing their business without being trace.

[enhu]

we can not use bitcoin for illegal activity because have no physical shape so we can say that bitcoin can be never use for illegal activity and fiat can be use for illegal activity because fiat have physical shape .

Maybe you try to check in the dark market, they have been using bitcoin already before your statement. It has been widely use dude because they take advantage on the anonymity of bitcoin and people doing illegal transaction are freely doing their business without being trace.

they all can be use for illegal activities. fiat has been for illegal things since time and so are bitcoin. bitcoin isn't anon as we can track where the btcs goesbut then its almost impossible to know who owns the addresses like the real name.

[triasel]

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

example for illegal activities ? i don't think about illegal activities
i think user just use to transaction and get profit ..

[MTBTT]

Yes sure it had wide use in illegal activities because it's anonymous and gives criminal freedom of money and they keeps themself hidden.

of course when the criminals have a more secure method to transact course they will use it, and bitcoin easier for them and make them become more invisible, they would use bitcoin

[Positid]

Yes sure it had wide use in illegal activities because it's anonymous and gives criminal freedom of money and they keeps themself hidden.

of course when the criminals have a more secure method to transact course they will use it, and bitcoin easier for them and make them become more invisible, they would use bitcoin

It definitely help them in their job to transact illegal activities but do we really care for that? It's not our business to mind them, let the government do their duty but to us we just keep ourselves updated any possible ways to create demand will surely be an opportunity we have to wait the outcome.