ethereumhunter
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December 06, 2016, 12:01:47 PM |
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Who knows maybe it is used we don't know we can only speculate on this I saw in tv series ncis la that the used bitcoin as drug money
In fact, if you're watching a documentary on the "deep web", you can see that most of these sites as a tool accept bitcoin transactions. it proves that, bitcoin is also used for illegal activity, and I think this has been done in a long time. Well, this could be the main reason in his baned bitcoin d divulging state yes i remember there is a movie about hacking that using transferred bitcoin for make a transaction but i don't remember what is the title of the movie. and i think there is possibility that bitcoin is being used for illegal activities because there no independent institution that watching any of bitcoin transaction in the network so we don't know for what purpose bitcoin is used.
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iqlimasyadiqa
Legendary
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Activity: 1596
Merit: 1011
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December 06, 2016, 12:19:00 PM |
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only those people who do not have any responsibility for the use bitcoin prohibited. good people will use bitcoin for positive things. bitcoin is a useful technology that must be used carefully.
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Text
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December 06, 2016, 01:15:15 PM |
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only those people who do not have any responsibility for the use bitcoin prohibited. good people will use bitcoin for positive things. bitcoin is a useful technology that must be used carefully.
Really right, we should be responsible on using bitcoins even others said that it depends on the user on how he will use it but he need also to think and act a matured one to avoid conflicts. Remember the possible effects if someone caught doing illegal activities.
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Yutikas_11920
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December 06, 2016, 01:19:05 PM |
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only those people who do not have any responsibility for the use bitcoin prohibited. good people will use bitcoin for positive things. bitcoin is a useful technology that must be used carefully.
Really right, we should be responsible on using bitcoins even others said that it depends on the user on how he will use it but he need also to think and act a matured one to avoid conflicts. Remember the possible effects if someone caught doing illegal activities. Yeah indeed illegal activity is something bad and will only give negative impact to those who use it. Because illegal activities is absolutely contrary to all applicable laws in the world and also illegal activities is extremely detrimental to their victims or they are all involved in the illegal activities. So, if you want to be successful then working hard.Because of the success without hard work is going to survive in a while and definitely those who get instant success will not develop into greater success
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Farcoin12
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December 06, 2016, 01:23:18 PM |
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Bitcoin it is a normal to use it by illegal activities just like other currency. illegal activities will never gone everything in online are still can deal with illegal with other payment method bitcoin is just anonymous that is why many people are still using it for illegal activity..
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Doamader
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December 06, 2016, 08:35:19 PM |
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only those people who do not have any responsibility for the use bitcoin prohibited. good people will use bitcoin for positive things. bitcoin is a useful technology that must be used carefully.
Some people does use those to buy things that are ilegal, but i doubt those make the buyer and seller bad persons at all, we all have a problem, some is alchool, others drugs, mine is internet, this makes me a bad person? India doesnt allow to gamble, there are several indians gambling with bitcoin, they find a solution to their problem, its a bad use of bitcoin as well, but this even being ilegal its allowing those people to gamble. As fiat bitcoin cant be controled where it will be spent, soo its always people choise where they do business.
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Victorycoin
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December 06, 2016, 09:27:21 PM |
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Yes bitcoin is being used for illegal activities! Can anyone show us any currency that is never used for illegal activities? The truth is that bitcoin just came on board, but those activities have always been with us!
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Ewinsane
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December 06, 2016, 09:46:56 PM |
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i do not think that bitcoin will be use for illegal activity because bitcoin is crypto currency and crypto currency can be use for online shopping and now we can buy online product through bitcoin and bitcoin is really too much modern and stronger currency.
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South Park
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December 06, 2016, 09:48:50 PM |
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My goverment forbid bitcoin usage because it can be use for money laundry ( advantage for terorism activity ) So it has small chance for my goverment for bitcoin usage as the result bitcoin popularity can't grow like EU zone
It depends on exactly what kind of ban your government has imposed on Bitcoin usage. May I know what country you are from? Other than that, it basically doesn't matter for criminals whether or not the government have banned Bitcoin. They will use it either way as they can simply convert their coins to fiat back and forth via other countries. Well, for my country it is not illegal but I can say that if you make a high amount of bitcoin and than exchange it for fiat currency they may ask “where did you get this money from” which might be hard to explain to goverments all around the world. So make bitcoin, spend bitcoin ,means do not try to encash it. That is not really a problem as long as you earned that bitcoin legally, the only thing to watch for is the amount you will need to pay in taxes to your local government. If you are not too honest you can be, you do not need to report as anyway you can hide your earnings online. I don't know about how strict the implementation in your country but you can only be trace if you deposit your money in the bank as that can be a audit trail if they prefer to audit you. Personally I prefer not to risk it, I know that you can hide your earnings online especially if you are using bitcoin but if you're caught you will not only need to pay your taxes but also hefty fines.
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katrimans
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December 06, 2016, 10:18:16 PM |
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As the nature of bitcoin as an anonymous currency it is pretty easy to make scams and to do some illegal stuffs with bitcoins as it will be pretty hard to call the law on you or to find your idenity.
But people also use cash to deal with drugs and do illegal stuffs,does it mean that we should ban cash? I dont think so.
Yes I am agreeing you. That is a fact that bitcoin may not be use for illegal activities in such a large scale. Maybe a very little number of people were using bitcoin for illegal activates, as most of the people are using it for normal activities just like shopping and trading etc.
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dihari
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December 06, 2016, 10:29:16 PM |
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Bitcoin being popular because of that way. The transactions or payment in the deep web using bitcoin because anonymous characteristic. But now, bitcoin is not just anonymous payment/transaction, it's a good one currency to invest.
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virtualkeybuyer
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December 06, 2016, 11:10:33 PM |
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Bitcoin it is a normal to use it by illegal activities just like other currency. illegal activities will never gone everything in online are still can deal with illegal with other payment method bitcoin is just anonymous that is why many people are still using it for illegal activity..
But the good thing in bitcoin is that it is controlled only by educated people and only they can understand bitcoin and if they adopt bitcoin they will also find some other legal ways of earning bitcoins and they will not need to go for any illegal way to earn bitcoins.
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larryfromjapan
Newbie
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Activity: 38
Merit: 0
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December 06, 2016, 11:15:37 PM |
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The illegal people made free advertising for the legal people.
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NEWGOODOUBLE
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December 06, 2016, 11:32:34 PM |
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Yes bitcoin is being used for illegal activities! Can anyone show us any currency that is never used for illegal activities? The truth is that bitcoin just came on board, but those activities have always been with us!
I think not concerned about it dude after all, everyone does not know everyone's goal in bitcoin transactio?, and it will remain confidential and anonymous and it does not harm anyone right?
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nara1892
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December 06, 2016, 11:37:29 PM |
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only those people who do not have any responsibility for the use bitcoin prohibited. good people will use bitcoin for positive things. bitcoin is a useful technology that must be used carefully.
Really right, we should be responsible on using bitcoins even others said that it depends on the user on how he will use it but he need also to think and act a matured one to avoid conflicts. Remember the possible effects if someone caught doing illegal activities. or those people use bitcoin for illegal activities because they have to do it. however, illegal activities will not bring you into happiness. bitcoin is anynomous enough, probably that's why some people use it for illegal activities like gambling (for some countries), stealing, etc.
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fuathan3
Member
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Activity: 63
Merit: 10
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December 06, 2016, 11:47:11 PM |
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Visa, MasterCard, PayPal, and cash all serve as opportunities for criminals as well, but society keeps them around due to their recognized net benefit. so using bitcoin on illegal activities will not harm bitcoin as much media controlled by government.
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billybobmaryjoe
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Merit: 0
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December 07, 2016, 12:07:16 AM |
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When ever I do something illegal I use bitcoin Doesn't everybody?
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Senor.Bla
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December 07, 2016, 08:05:28 AM |
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Visa, MasterCard, PayPal, and cash all serve as opportunities for criminals as well, but society keeps them around due to their recognized net benefit. so using bitcoin on illegal activities will not harm bitcoin as much media controlled by government.
the marketing of visa, mastercard, paypal etc is bettter and people feel like "this is an honest company" and the technology is safe and good. some bad people try to take advantage, but this is what bad people do. bitcoin does not have this marketing and is not a company, so people with no clue will always blame bitcoin itself, because someone must be to blame and it sure as hell will not be their own fault.
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daringdiscovered
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December 07, 2016, 10:52:30 AM |
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i do not think that bitcoin will be use for illegal activity because bitcoin is crypto currency and crypto currency can be use for online shopping and now we can buy online product through bitcoin and bitcoin is really too much modern and stronger currency.
What makes you so sure that bitcoin is not used for illegal activites? Go into the deepweb and find out what currency do the drug lords or terrorists use there to buy their weapons and drugs. They use bitcoin as their currency because of its anonymous transactions. They use bitcoin to make them harder to track by authorities.
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1Referee
Legendary
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Activity: 2170
Merit: 1427
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December 07, 2016, 12:38:52 PM |
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i do not think that bitcoin will be use for illegal activity because bitcoin is crypto currency and crypto currency can be use for online shopping and now we can buy online product through bitcoin and bitcoin is really too much modern and stronger currency.
Bitcoin isn't any different from money, and especially not when it comes to how people use money. In that regard, yes, Bitcoin is in fact being used for all kinds of shady purposes. But the same goes up for fiat currencies around the world. The main point of attention is that we shouldn't blame the tool for being used in a wrong way, while people are the ones that should be blamed and punished. Look at cars for example, you can drive with it from your home to your working place, or you can drive your car into a crowded bar where you can kill plenty of people at once. Do we have to blame cars for that? Nope. Same is the case with Bitcoin and fiat, and all other things that can be used as currency tool.
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