Bitcoin Forum
October 20, 2018, 08:36:59 PM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 [3] 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 »
  Print  
Author Topic: Is USD being used for illegal activities?  (Read 19738 times)
passwordnow
Hero Member
*****
Offline Offline

Activity: 924
Merit: 504


Fly to the moon BTC


View Profile
September 29, 2016, 02:13:23 AM
#41

Anything or any form of currency can be used for both legal and illegal activities. So yes USD is also being used for illegal activities and it is almost impossible to stop all illegal activities so banning the currency will not be good way to reduce the currency related crimes. Same goes for bitcoin, stopping or banning bitcoin will not reduce the criminal activity associated or thought to be associated with bitcoin.

 I agree as long as there is money involved and with value related to a transaction. It can really be used for different types of activities just like legal and illegal ones. That is how human being is creative everything they know that is going to be useful for their bad acts they are going to use it and going to keep on supporting it.

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
OneUnderBridge
Sr. Member
****
Offline Offline

Activity: 374
Merit: 266



View Profile WWW
September 29, 2016, 03:45:46 AM
#42

The U.S. dollar is the best currency to use for illegal activities. It is accepted almost everywhere in the world and there is not much that you cannot buy with it. It is hard to fit to much on a carry-on though so it is hard to transport.

                   ▐█▌
                   ███
                  █████
                ▄███████▄
 ████▄▄▄▄▄▄▄▄▄█████████████▄▄▄▄▄▄▄▄▄████
  ▀███████████████████████████████████▀
    ▀███████████████████████████████▀
      ██████████████ ██████████████
      ▐████████████   ████████████▌
       ███████████     ███████████
      ▐██████████       ██████████▌
      █████████▀         ▀█████████
    ▄████████▀             ▀████████▄
  ▄███████▀▀                 ▀▀███████▄
▄█████▀▀                         ▀▀█████▄
Trade  Whitepaper  Bounties    ▬▬▬▬▬
..Connect and Create..
                ▄▄████▄▄
               ██████████
              ████████████
              ████████████
      █████   ████████████   █████
     ███████  ████████████  ███████
     ███████  ████████████  ███████
     ███████   ██████████   ███████
     ███████    ████████    ███████
      ██████    ████████    ██████
      █████▀   ██████████   ▀█████
   ▄▄██▀▀    ██████████████    ▀▀█▄▄
 █████  ████████████████████████  █████
█████  ██████████████████████████  █████
       ██████████████████████████



The Movement
Unstoppable Organization
                  ▐█▌
                   ███
                  █████
                ▄███████▄
 ████▄▄▄▄▄▄▄▄▄█████████████▄▄▄▄▄▄▄▄▄████
  ▀███████████████████████████████████▀
    ▀███████████████████████████████▀
      ██████████████ ██████████████
      ▐████████████   ████████████▌
       ███████████     ███████████
      ▐██████████       ██████████▌
      █████████▀         ▀█████████
    ▄████████▀             ▀████████▄
  ▄███████▀▀                 ▀▀███████▄
▄█████▀▀                         ▀▀█████▄      
Trade  Whitepaper  Bounties    ▬▬▬
Connect and Create
⌠                  ▄▄████▄▄
               ██████████
              ████████████
              ████████████
      █████   ████████████   █████
     ███████  ████████████  ███████
     ███████  ████████████  ███████
     ███████   ██████████   ███████
     ███████    ████████    ███████
      ██████    ████████    ██████
      █████▀   ██████████   ▀█████
   ▄▄██▀▀    ██████████████    ▀▀█▄▄
 █████  ████████████████████████  █████
█████  ██████████████████████████  █████
TraderETH
Full Member
***
Offline Offline

Activity: 210
Merit: 100



View Profile
September 29, 2016, 03:55:12 AM
#43

Of course yes, every currencies can be used for illegal activities and it is depend on people who has it, include bitcoin can be used for good or illegal activities but doesn't mean we can blaming bitcoin or USD, but we can make send the people who use bitcoin or USD for illegal activities.
mirakal
Legendary
*
Offline Offline

Activity: 1092
Merit: 1000


https://yamzu.io/


View Profile
September 29, 2016, 08:54:31 AM
#44

Not only USD, any currencies can be use and being used in illegal activities, it does not depend on the currency but on the user itself. If a certain user involved in illegal operation then that means they are using the money for illegal activities.

YAMZU

▄▄▄▄▄▄
  ████
   ███
   ███
   ███
   ███
   ███
   ███
   ███
   ███
   ███
  ████
▀▀▀▀▀▀
    eSports Tournaments on the Blockchain     
        Platform Already Active  10K Users  300% revenue  Established Swedish company

▄▄▄▄▄▄
  ████
   ███
   ███
   ███
   ███
   ███
   ███
   ███
   ███
   ███
  ████
▀▀▀▀▀▀
刎acebook   再NN Thread      冰ounty Thread 
吋witter         吋elegram         吃outube
名ebsite       名hitepaper    同latform
Mastsetad
Sr. Member
****
Offline Offline

Activity: 672
Merit: 250



View Profile
September 29, 2016, 09:21:31 AM
#45

Not just USD but every currency is used for illegal activities and no one can do anything with that even the government i guess, because criminals don't do it in a way that they can be traced or let anyone get suspicious about the transactions or other things, even btc is used for such things i guess that is the reason why a lot of people are having their hands out of it.
adibe
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250



View Profile
September 29, 2016, 10:46:12 AM
#46

Of course yes, USD is also being used for illegal activities. Same as bitcoin, but US Dollar is more big. I mean, the amount of money for illegal activites is really big amount of money than on bitcoin.
xuan87
Legendary
*
Offline Offline

Activity: 1484
Merit: 1001


View Profile
September 29, 2016, 10:48:49 AM
#47

I think the answer is yes, terrorist and smuggler prefer USD because it can be used in most of the country and the money exchanger always accept USD, and of course government cant ban fiat money, because it can disrupt their economic condition, the best things that governemnt can do is tighten up the security and freeze the account that being used for illegal action

BingoDog
Hero Member
*****
Offline Offline

Activity: 658
Merit: 505


View Profile
September 29, 2016, 11:37:34 AM
#48

Of course that is used for illegal activities, like any other currency in the world. People use US dollars to pay for drugs, weapons, child pornography pictures, for money laundering on Kayman Islands. And it's currency that is accepted almost everywhere on the world, so the abuse is even bigger.

malaj
harizen
Legendary
*
Offline Offline

Activity: 1316
Merit: 1050


View Profile
September 29, 2016, 12:02:21 PM
#49

~snipped~
 
Will this hurt USD in the long run? Will governments ban this just like they started to do with paying in cash for some services to harden the use of illegal activities, and money laundering?

If we are to point the title of your precious thread the answer is obvious. I want to know more what is the another concern of yours here?

USD is universal currency. And no USD will not be hurt in the long run since they are already in the "long run" status if you know what I mean here. Smiley

Nahl
Legendary
*
Offline Offline

Activity: 1400
Merit: 1000


View Profile
September 29, 2016, 12:09:29 PM
#50

The U.S. dollar is the best currency to use for illegal activities. It is accepted almost everywhere in the world and there is not much that you cannot buy with it. It is hard to fit to much on a carry-on though so it is hard to transport.
yes that was very makes sense because U.S dollar is the currency with The most frequently used in the world and almost all countries accept dollar for online transactions or physical transactions that's why dollar will being used for criminal activities almost in all countries in the world because it's easy to use as worldwide currency
Zadicar
Legendary
*
Offline Offline

Activity: 1078
Merit: 1000



View Profile
September 29, 2016, 01:20:26 PM
#51

Anything or any form of currency can be used for both legal and illegal activities. So yes USD is also being used for illegal activities and it is almost impossible to stop all illegal activities so banning the currency will not be good way to reduce the currency related crimes. Same goes for bitcoin, stopping or banning bitcoin will not reduce the criminal activity associated or thought to be associated with bitcoin.

 I agree as long as there is money involved and with value related to a transaction. It can really be used for different types of activities just like legal and illegal ones. That is how human being is creative everything they know that is going to be useful for their bad acts they are going to use it and going to keep on supporting it.

Agree with this, no matter how you  ban the said currencies  it would not stop  the  illegal activities  because people would really find a way  to   o such things because  they can earn money and  with that they  must find a hole or alternatives that they could able do the transaction.  USD is onyl one of the currencies of the world and there are lots actually  that you could possibly use.

                 ▄███▄
                ███████░
               █████████▄
              ████████████
             ███████████▓▓▓░
            ███████████▓▓▓▓▓
          ░███████████▓▓▓▓▓░░░
         ░███████████▓▓▓▓▓░░░░░
        ░███████████▓▓▓▓▓░░░░░░░
       ░███████████▓▓▓▓▓░░░░░░░░░░
      ░███████████▓▓▓▓▓░░░░░░░░░░░░
    ░░███████████▓▓▓▓▓░░░░░░░░░░░░░░
    ░███████████▓▓▓▓▓░░░░░░░░░░░░░░░░
██
██
██
██
██
██
██
.............PayPal  of   Cryptocurrencies ...........
  Blockchain Protocol + 12 Working Modules - Use Crypto as Cash
██
██
██
██
██
██
██
...........Invest Now...........
     ▄████████████████████████▄
    ███████████████████████████▌
    ████████████████▀▀ ---█████
    ███████████████        █████
    ██████████████    ▄▄▄▄▄█████
    ██████████████    ▀█████████
    ██████████▌            █████
    ██████████▌            █████
    ██████████████    ██████████
    ██████████████    ██████████
    ██████████████    ██████████
    ▐█████████████    █████████
      ▀▀▀▀▀▀▀▀▀▀▀▀    ▀▀▀▀▀▀▀
▄▓█████████████████████▓▓▄
▓██████████████████████████▌
███████████████████▓▓▀  ▓██▌
██████████████▓▀▀       ▓██▌
████████▓▀▀      ▄█    ▐███▌
███▓▀        ▄▄▓▀      ▓███▌
███▓▄▄▄   ▄▓█▓         ████▌
████████▓ ▓▌          ▓████▌
█████████▓    ▄       █████▌
██████████▌ ▄▓██▓▄   ▐█████▌
███████████████████▓▓██████▌
▐██████████████████████████
  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▄███████████████████▄
██████████████████████▌
██████████████████████▌
████████████     █▀███▌
███   █████        ▐██▌
███               ▐███▌
███               ████▌
████             █████▌
█████▄▄         ██████▌
████         ▄████████▌
██████████████████████▌
██████████████████████▌

    ██▄▄             ▄███▄
    ███████▄        ▄████████▄▄
    ██████████     ████████████▌
    ███████████▄ ▄████████████░░
    ████████████████████████░░░░
    ███████████████████████░░░░░
    █████████████████████░░░░░░░
    █████████   ▀▀███████░░░░░░░
    █████████        ▀░░░░░░░░░░
       ▀▀████             ░░░░░░
           ▀▀                 ░░
Doamader
Hero Member
*****
Offline Offline

Activity: 756
Merit: 501


View Profile
September 29, 2016, 01:44:45 PM
#52

Since the begining ilegal activies used fiat, now they use as well crypto coins, thats nothing new, the money that circulates at dark marketplaces might be the same as the pib of the country, instead not allow it, would be better to all to be able to sell anything, guns should require a license, but make it not allowed just raise the price.
Altynbekova
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250



View Profile
September 29, 2016, 02:26:09 PM
#53

Ofcourse the USD is being used for illegal activities. I hate when bitcoin gets downtalked or called criminal coin while the USD is the biggest criminal valuta that ever existed.
They shouldn't blame bitcoin that criminals are using it. Same for USD and other valuta.
RodeoX
Legendary
*
Offline Offline

Activity: 2772
Merit: 1066


The revolution will be monetized!


View Profile
September 29, 2016, 02:32:03 PM
#54

It is used but not as often as bitcoin

I don't where you got that? I would guess that for every dollar worth of bitcoin used in an illegal activity a million U.S. dollars are spent illegally.

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf

Free bitcoin in AFRICA - https://bitcointalk.org/index.php?topic=2710325.msg27720734
danherbias07
Legendary
*
Offline Offline

Activity: 1134
Merit: 1000



View Profile
September 29, 2016, 02:46:38 PM
#55

Ofcourse the USD is being used for illegal activities. I hate when bitcoin gets downtalked or called criminal coin while the USD is the biggest criminal valuta that ever existed.
They shouldn't blame bitcoin that criminals are using it. Same for USD and other valuta.

Yes and it have been used since when? Different presidentshave come and go and yet this sickness have not been cured. If the government is also the one providing for the illegal activities then hell it wont stop.


EXCALIBUR OS
THE FUTURE OF FINANCIAL SERVICES
♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦
JOIN NOW || Token-Sale : 03.09 - 30.12.2018
ANN
Bounty
Whitepaper
Telegram
Twitter
Facebook
Reddit
Medium
Github
marcuslong
Legendary
*
Offline Offline

Activity: 966
Merit: 1002


View Profile
September 29, 2016, 02:59:28 PM
#56

ofcourse any kind of money are used for illegal acitivities we know that and also goverment are using real money to do illegal activities like trading drugs into money there are things that really can do with money some people are really need money thats why they doing some illegal activities for money.
entrepmind23
Sr. Member
****
Offline Offline

Activity: 602
Merit: 261


View Profile
September 29, 2016, 03:43:07 PM
#57

Anything that can be used as payment option can be used for illegal activities whether it's fiat currency like USD, EUR, CAD, CHF or any other currency or digital currency like bitcoin. People will find ways to acquire what they wanted and will use whatever means to get it. Some also use commodities like gold  to pay for those things.
gkv9
Legendary
*
Offline Offline

Activity: 1246
Merit: 1000


!!! RiSe aBovE ThE StoRm !!!


View Profile
September 29, 2016, 05:15:45 PM
#58

Who says not???
All the fiat currencies and even crypto ones like Bitcoins and Monero get used for such illegal activities like selling drugs, black hat methods, carding. etc. and yes it will definitely ruin it for them in the longer run...

krishna1
Sr. Member
****
Offline Offline

Activity: 322
Merit: 250


View Profile
September 29, 2016, 05:21:35 PM
#59

ofcourse it is being used but that doesot exactly is about usd its just the people need to use money and the country they are accepts usd so it is beimg used for illigal activitys. anyway hacking and scamming is not new to us they are very old and we are still facing them

StarofBTC
Hero Member
*****
Offline Offline

Activity: 966
Merit: 506

HEROIC.com| The Future of AI-Powered Cybersecurity


View Profile
September 29, 2016, 08:07:15 PM
#60

ofcourse it is being used but that doesot exactly is about usd its just the people need to use money and the country they are accepts usd so it is beimg used for illigal activitys. anyway hacking and scamming is not new to us they are very old and we are still facing them
Almost every currency is being used for illegal activities world wide. The benefits of using a currency is not solely dependent for what purpose it is being used. People do use USD for their transactions, they want to do. Not just because of easiness of using USD but they are using it for the need of having some currency. Same thing is applicable for bitcoin too.

Pages: « 1 2 [3] 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!