iqlimasyadiqa
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December 10, 2016, 12:36:51 AM |
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Yes there are some drug sites which use bitcoins as a a way of payment . Someone must report against those sites which will help in the growth of bitcoins . We support bitcoins and i think it must not be used in illegal activities .
currently quite difficult to make a report to the websites. many rules that have not understood that we were quite difficult. one of them indeed are doing the blocking of a website. usually the government of a country authorized by it.
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ufaiz50
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December 10, 2016, 01:23:02 AM |
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Yes there are some drug sites which use bitcoins as a a way of payment . Someone must report against those sites which will help in the growth of bitcoins . We support bitcoins and i think it must not be used in illegal activities .
currently quite difficult to make a report to the websites. many rules that have not understood that we were quite difficult. one of them indeed are doing the blocking of a website. usually the government of a country authorized by it. how to know that the drugs? maybe that will deny have been selling drugs. we can only report there is a possibility of illegal acts and It will also adversely affect the bitcoin
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Positid
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BULL RUN until 2030
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December 10, 2016, 03:42:43 AM |
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Yes there are some drug sites which use bitcoins as a a way of payment . Someone must report against those sites which will help in the growth of bitcoins . We support bitcoins and i think it must not be used in illegal activities .
currently quite difficult to make a report to the websites. many rules that have not understood that we were quite difficult. one of them indeed are doing the blocking of a website. usually the government of a country authorized by it. how to know that the drugs? maybe that will deny have been selling drugs. we can only report there is a possibility of illegal acts and It will also adversely affect the bitcoin The government are making the right action to arrest anyone who are doing illegal activities such us illegal drug trade, we might think we are hard to find but they have the resources to carry out their mission and they will act to arrest us for unlawful act only if they have enough evidence.
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salmanahmedone
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December 10, 2016, 03:53:58 AM |
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Yes there are some drug sites which use bitcoins as a a way of payment . Someone must report against those sites which will help in the growth of bitcoins . We support bitcoins and i think it must not be used in illegal activities .
currently quite difficult to make a report to the websites. many rules that have not understood that we were quite difficult. one of them indeed are doing the blocking of a website. usually the government of a country authorized by it. how to know that the drugs? maybe that will deny have been selling drugs. we can only report there is a possibility of illegal acts and It will also adversely affect the bitcoin The government are making the right action to arrest anyone who are doing illegal activities such us illegal drug trade, we might think we are hard to find but they have the resources to carry out their mission and they will act to arrest us for unlawful act only if they have enough evidence. But using bitcoin for illegal is not good reputation in bitcoin industry. Let us use bitcoin in good way though we can use it anonymously, we do not need to abuse it.
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Rostadom
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December 10, 2016, 12:12:47 PM |
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But using bitcoin for illegal is not good reputation in bitcoin industry. Let us use bitcoin in good way though we can use it anonymously, we do not need to abuse it.
Tell that to those people that use bitcoin for illegal activities and they will only laugh at you. Even if you open up an organization for that, it wouldn't make any difference and everyone will just think you're pathetic. Catching the bad guys is the only way you can stop them. Yes there are some drug sites which use bitcoins as a a way of payment . Someone must report against those sites which will help in the growth of bitcoins . We support bitcoins and i think it must not be used in illegal activities .
currently quite difficult to make a report to the websites. many rules that have not understood that we were quite difficult. one of them indeed are doing the blocking of a website. usually the government of a country authorized by it. how to know that the drugs? maybe that will deny have been selling drugs. we can only report there is a possibility of illegal acts and It will also adversely affect the bitcoin The government are making the right action to arrest anyone who are doing illegal activities such us illegal drug trade, we might think we are hard to find but they have the resources to carry out their mission and they will act to arrest us for unlawful act only if they have enough evidence. Depends on your government. I don't think the government will be able to trace you if you know what you're doing. The government will also not pay a cyber army tons of money just to trace you unless you're running a huge drug business.
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Harambe
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December 10, 2016, 12:19:02 PM |
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Bitcoin is an extremely useful payment system for both illegal and legal activities. It's like cash, and just because lot of drug dealers using cash, the government will hopefully not ban it.
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iram3130
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ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
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December 10, 2016, 12:21:15 PM |
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It depends on the definition of "Illegal activities". In some countries purchasing or selling services with bitcoin is not regulated with the banks of their governments. And taxation on those transactions may be very difficult to put. But when merchants convert those bitcoins to their own currency they will be paying some taxes. But as BTC is volatile, not much interest is shown by the merchants in using it as a payment gateway.
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stomachgrowls
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December 10, 2016, 01:49:34 PM |
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Bitcoin is an extremely useful payment system for both illegal and legal activities. It's like cash, and just because lot of drug dealers using cash, the government will hopefully not ban it.
Correct both bitcoin and cash is being used on illegal things and anything does have value people would really use it no matter what and thats why some country does ban bitcoin because of this matter which is being used by illegal activities.
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krisnt80
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December 10, 2016, 01:58:19 PM |
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Bitcoin does worth money, soo i dont see any difference between use bitcoin or fiat, all knows that bitcoin is being attacked and connected to dark marketplaces, something that fiat isnt nowadays, since all the bad news are from bitcoin and i dont read any more news about fiat black markets.
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x4
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December 10, 2016, 02:01:04 PM |
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Bitcoin is an extremely useful payment system for both illegal and legal activities. It's like cash, and just because lot of drug dealers using cash, the government will hopefully not ban it.
Correct both bitcoin and cash is being used on illegal things and anything does have value people would really use it no matter what and thats why some country does ban bitcoin because of this matter which is being used by illegal activities. They ban bitcoin in their country as they don't really know the advantages bitcoin. All they know is the disadvantages of it, though all kind of currency including their local currency can be used in illegal activities too.
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boyptc
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December 10, 2016, 02:12:27 PM |
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Bitcoin does worth money, soo i dont see any difference between use bitcoin or fiat, all knows that bitcoin is being attacked and connected to dark marketplaces, something that fiat isnt nowadays, since all the bad news are from bitcoin and i dont read any more news about fiat black markets.
No, fiat is still connected to dark marketplaces and other illegal stuffs because fiat money is same as bitcoin. Because you won't be able to be traced when you will have a transaction by simply leaving a pouch of money in a place and will be picked up by your dealer or supplier of drugs. They are just the same with bitcoin, just because criminals now are also intelligent to use different ways for their anonymity for their transactions.
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(altair)
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December 10, 2016, 03:24:41 PM |
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Bitcoin is an extremely useful payment system for both illegal and legal activities. It's like cash, and just because lot of drug dealers using cash, the government will hopefully not ban it.
Correct both bitcoin and cash is being used on illegal things and anything does have value people would really use it no matter what and thats why some country does ban bitcoin because of this matter which is being used by illegal activities. They ban bitcoin in their country as they don't really know the advantages bitcoin. All they know is the disadvantages of it, though all kind of currency including their local currency can be used in illegal activities too. They might also know the advantages of it. But they saw many people in their country is commonly using it in an illegal way so they have no choice but to ban it..They ban it because it will just harm more people if they will continue using it. The adoption of bitcoin on that country is not good.
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South Park
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December 10, 2016, 04:44:35 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.
you are right there is no way to use bitcoin for illegal activity and i can just use my bitcoin for online shopping like i buying mobile phone and computer etc so we can not use bitcoin for illegal activity because bitcoin is digital currency. Mistake, bitcoin or any other currency for that matter don't have a way to know whether the trade you are doing is legal or illegal, you the bitcoin user is the one that is supposed to know that, what if holding bitcoin was banned in your country? You will be doing something illegal by just holding bitcoin, do you think the bitcoin in your wallet is going to just disappear just because someone just changed a law?
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naidray
Legendary
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Merit: 1029
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December 10, 2016, 07:46:26 PM |
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It depends on the definition of "Illegal activities". In some countries purchasing or selling services with bitcoin is not regulated with the banks of their governments. And taxation on those transactions may be very difficult to put. But when merchants convert those bitcoins to their own currency they will be paying some taxes. But as BTC is volatile, not much interest is shown by the merchants in using it as a payment gateway. Buying goods/products with bitcoins from certain licensed websites is always safe and considered legal as the websites have an authority to use the currency. Only those trades that are obviously considered illegal everywhere like drugs, weapons and fraudulently acquired products are illegal and it becomes a matter of concern if you are dealing with a person who is buying bitcoins for such purposes. You may be unaware but still you are involved in the illegal activity. That's the major concern here.
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geopolisch
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December 10, 2016, 08:17:59 PM |
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Tell that to those people that use bitcoin for illegal activities and they will only laugh at you. Even if you open up an organization for that, it wouldn't make any difference and everyone will just think you're pathetic. Catching the bad guys is the only way you can stop them. When almost 80% of the bitcoin users are bad, what can be done. Only 20% use it for genuine trades or buying regular stuff online while others keep creating fake IDs on localbitcoins or with other websites to buy/sell hacked stuff. Take a look at the digital goods section to get an idea and obviously everyone would laugh as majority just do the same.
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HardyGoodsLtd
Copper Member
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December 10, 2016, 08:21:23 PM |
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Is bitcoin being used for illegal activities yes but so is money, whats your point? anything with value can be used for bad things, my aunts dvd player for example........
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rapazev
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December 11, 2016, 01:21:41 AM |
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bitcoin isnt the problem. people are the problem. as far as i'm ware, people use everything to pay for drugs... everything.
if they have fiat money, it will be fiat money... if they have bitcoin, well, it will be bitcoin. if they dont have fiat nor bitcoin, they will pay with services, any of their things(bike, tv, etc ) or maybe even stolen things.
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BlockEye
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Bounty Mngr & Article Writer https://goo.gl/p4Agsh
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December 11, 2016, 01:36:17 AM |
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bitcoin isnt the problem. people are the problem. as far as i'm ware, people use everything to pay for drugs... everything.
if they have fiat money, it will be fiat money... if they have bitcoin, well, it will be bitcoin. if they dont have fiat nor bitcoin, they will pay with services, any of their things(bike, tv, etc ) or maybe even stolen things.
Right no matter how the government will do as long as their people are still on committing illegal transactions or bad things no mayter how they ban bitcoin,gambling or drugs people who didnt want to join their campaign or laws will always find their to do wrong doings. So better have a program for rhem to realize or their wrong doings. Its not the currency or the sites that needs to be ban.
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ged00u
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December 11, 2016, 03:11:43 AM |
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Bitcoin is an extremely useful payment system for both illegal and legal activities. It's like cash, and just because lot of drug dealers using cash, the government will hopefully not ban it.
Correct both bitcoin and cash is being used on illegal things and anything does have value people would really use it no matter what and thats why some country does ban bitcoin because of this matter which is being used by illegal activities. They ban bitcoin in their country as they don't really know the advantages bitcoin. All they know is the disadvantages of it, though all kind of currency including their local currency can be used in illegal activities too. They might also know the advantages of it. But they saw many people in their country is commonly using it in an illegal way so they have no choice but to ban it..They ban it because it will just harm more people if they will continue using it. The adoption of bitcoin on that country is not good. Sure. In third world country, bitcoin is used commonly ofr illegal activities such as operating a ponzi scheme. Many people have lost their money and Bitcoin there so the Government have to forbid Bitcoin temporally to protect people. However, there are some countries banning Bitcoin for no reason. It is really sad to know about that
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Mr.grin
Legendary
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Activity: 1218
Merit: 1000
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December 11, 2016, 03:54:51 AM |
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Bitcoin is an extremely useful payment system for both illegal and legal activities. It's like cash, and just because lot of drug dealers using cash, the government will hopefully not ban it.
Correct both bitcoin and cash is being used on illegal things and anything does have value people would really use it no matter what and thats why some country does ban bitcoin because of this matter which is being used by illegal activities. They ban bitcoin in their country as they don't really know the advantages bitcoin. All they know is the disadvantages of it, though all kind of currency including their local currency can be used in illegal activities too. They might also know the advantages of it. But they saw many people in their country is commonly using it in an illegal way so they have no choice but to ban it..They ban it because it will just harm more people if they will continue using it. The adoption of bitcoin on that country is not good. Sure. In third world country, bitcoin is used commonly ofr illegal activities such as operating a ponzi scheme. Many people have lost their money and Bitcoin there so the Government have to forbid Bitcoin temporally to protect people. However, there are some countries banning Bitcoin for no reason. It is really sad to know about that Well, it's true. many illegal transactions performed by users bitcoin, because bitcoin excellent ability in the transaction. Well, this may also be the reason for the government to ban the use or conduct transactions with bitcoin. The government's main goal may be simply to minimize the number of illegal transactions. Well, even though, I believe that bitcoin can provide better impact when bitcoin accepted.
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