Bitcoin is for criminals - Or so they say.

[TippingPoint]

I hear you.  I am pro-choice on TOR.  If you don't mind your ISP knowing that you own Bitcoins and are affiliated with a certain site, that is understandable.  The issue is much more than that.  They have a permanent record of every search you have ever conducted on the internet.  In some locations it is risky to allow them to have that information.  Financial, political, employment, marital, child custody, social.  The company, as well as individual employees, and ex-employees.

[Cuidler]

If we want to un-demonize bitcoin, we have to focus on all the good things about bitcoin and sell that to the mainstream public.

I have to agree, the Bitcoin public ledger is the first transparent currency ledger which ever existed, the integrity and every transaction can be viewed and tracked by everyone.

Now compare it with fiat ledgers, only central banks have full access to it to check the transactions and integrity of the ledger. Because of the nature of people, everything that is not under transparent public control should be considered corrupted and exploited by those in power when no one is watching.

I thought the journalists would sheer Bitcoin for its transparency and complain about closed and untransparent fiat ledgers belonging to the past. I think they are from old school giving too much trust to authorites and not having much imagination what stealing and corruption really happens in every closed system deciding/mantaining public funds which cannot be publictly controlled by everyone - its easy to steal when no one is watching, possible when only few control you, but impossible if everyone can control you anytime.

[Doamader]

This is insane soo crypto world is just drug traffic? Soo im a seller or a buyer as i get my bitcoins, invest them as i buy a portion while in a while, soo this make me a drug dealer, based on those statements. The drug dealers, use fiat bitcoin isnt for them, even with such potencial to be used by dark business, but i doubt you can buy heroin on streets with bitcoin or other drug.

[will_k]

it's that side of the argument of "you have nothing to fear if you have nothing to hide"

[shinratensei_]

I think bitcoin is not for criminals bitcoin made only to use as money online that we can use it on the internet..
Bitcoin is very useful because its very fast to transfer your money in far places.

That's true, the main goal. bitcoin is made become assist payment of the main payment like using a fiat currency. it's will made the human is more easy to making in the digital world. well, we know the digital world is very similarly for a lot of people is having a connection.

[Wind_FURY]

That is very self righteous and hypocritical of them. What of the banks? We in this forum are all aware that they are the biggest criminals of all. They keep the people poor by issuing their inflationary devalued "currency" and control us by keeping all of it in their vaults. Beware because what you have been taught and living in is a lie.

[Indrawan77]

No need to worry what they said, it is true that some people using bitcoin for bad purpose like money laundry or maybe buying some illegal stuff, but there is also honest people that earn living using bitcoin, there is also bunch of people who is grateful because bitcoin has help them avoid poverty and improve their economic condition
So i think its not balance when media only speak the bad side of bitcoin but they never mention the great side of bitcoin

[krishna1]

No bro According to me Bitcoin is not only For the Criminals it is also For the General Public. I also Agree that it is Used For Illegal Activities But It is Also Used For Some Good Deeds Like Charities Accepting Bitcoin and People are Donating Bitcoins in Charities....

[BitHodler]

This is funny. Actually, USD/EUR is used for illegal activities every day, you could exchange those fiats to BTC after to avoid seizure, but I don't think criminals would prefer BTC than fiat for payments.

Nothing in the world can come close to what kind of bad things are being done and financed with fiat, and still the media keeps pointing at Bitcoin as being a tool for criminals.

Criminals asking for $1,000,000 in fiat ransom, and the media doesn't seem to spend much attention on it, but as soon as some nerds ask for $10,000 worth of Bitcoin as ransom, the media jumps all over Bitcoin with all its negativity being thrown at Bitcoin. It's sad.

[Xester]

We cannot blame those who said or titled bitcoins ad money for criminals. In bitcoin history it was vastly used in the darknet or darkweeb. It was used as a currency in the exchange for drugs and other nefarious activities.

It was only later that bitcoin was out of the dark web and used by normal people. But being once used in the darknet doesn't mean that bitcoin is for criminals. It just proved that bitcoin has value and like fiat currency it depends on the user how he managed his bitcoins.

[ASHLIUSZ]

We cannot blame those who said or titled bitcoins ad money for criminals. In bitcoin history it was vastly used in the darknet or darkweeb. It was used as a currency in the exchange for drugs and other nefarious activities.

It was only later that bitcoin was out of the dark web and used by normal people. But being once used in the darknet doesn't mean that bitcoin is for criminals. It just proved that bitcoin has value and like fiat currency it depends on the user how he managed his bitcoins.

Like most forms of technology, fraudsters and criminals found ways to exploit bitcoin for nefarious uses, may be it can be used before, but now we can see more users using bitcoin only for good, it is more profitable to its users.

[Sorrowfox]

I don't agree that bitcoin is for criminals only.  this is just some bad press that wanting to have millions of views for profit.  Either money or Bitcoins, they have been exploited to do illegal activities because of it's nature.  It is proven that bitcoin transaction isn't really anonymous..   It can be traced.  Though they prefer bitcoin because they don't have to deal with banks in transaferring  money that makes bitcoin more popular in this kind of activity.  

Yes  you are right. This is just a bad press release of those people who want to earn a lot by having million of views. There are a lot of people who are using bitcoins. Child, adult , women and men, lesbian or gay. It is all because there is nothing wrong in using it. But I also cannot guarantee that bitcoins are not used for illegal activities or no criminals use bitcoins since bitcoins are for everybody.

[ObscureBean]

I'm not sure we would necessarily be millionaires, I doubt criminals would want to hold on to the Bitcoins they receive as payment and if they dumped it for dollars every time it is possible that it would have a negative impact on the price. And if they happened to be a powerful cartel, able to control the price they would probably still not allow it to skyrocket. Cartels wouldn't try to make money speculating, they would merely be using Bitcoin as a means to move money, a stable value would be more desirable for a number of reasons.

[ethereumhunter]

bitcoin in the right hand will be good, bitcoin in the wrong hand will be bad, depend which hand keep bitcoin. and yes, bitcoin can be one of many access to money laundry, and other criminals. but i believe that people used bitcoin not for only to make criminals, they used bitcoin for good purpose and this is a good way. like knife, it has 2 face which we can use.

[helloeverybody]

Any new up and coming technology is always first accused of being a criminal platform or some other kind of shady dealings . The internet was no different when it came out and eve now it still gets bad press, Any country that would try and stop the growth of technology would be looked down on though.And as others have said its all kidology since much more guns, drugs and all kinds of illegal warez are bought anonymously using usd each year than bitcoin has in its entire lifetime.

[mobnepal]

We don't have to believe all the bullshit those articles and media keep on saying about link between bitcoin and criminal activity. Not only bitcoin even paper cash, gold, silver, online banking, other payment processors like liberty reserve, perfect money etc are also may be used by criminals. But it is quite true bitcoin being completely anonymous than other payment method has become reliable method to send/receive money globally for both legal as well as illegal activity.

[rphk]

Bitcoin is Currency  like any other currency, it depends on the person  , As we all know any currency money needs to be used for good things only , Always we need to  use money for good things like  for food ,stay and helping others, it is not required to believe any news ,as a human we should know how to use it.

[BitcoinSupremo]

Oh the media again. Personally I am totally pro TOR browser and their markets there no matter what it contains and no matter that all human garbage is gathered there. I need them to stay there as in TOR there are a lot of bitcoin transactions going on which is support for the bitcoin. If you see the hidden wiki you will see a lot of information about bitcoin there and the way is being promoted. This is very good for bitcoin.
But of course bitcoin can be used also by criminals because of ease of use and being pseudo anonymous which can be converted to fully anonymous with a few tips and tricks. We need TOR if we want for bitcoin to keep going forward. That is a truth we must all accept.

[Carlsen]

Everybody can use bitcoins criminals, normals and saints.
Always a matter of what you do with it. And so is it with almost anything.
Fiat, hammers, trucks or tooth brushes.
The problem is never the thing, but the man behind the thing.

[ezehy2014]

Bitcoin or no bitcoin cash is still the first thing used by any criminal in this world,  so i don't think bitcoin can be an exception