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Author Topic: Is USD being used for illegal activities?  (Read 19633 times)
brascopck
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October 14, 2017, 02:22:54 AM
 #401

Obviously, almost all currencies being used for illegal activities too, even bitcoin too and illegal activities is not always all people know because its illegal and broke the law. Drugs, illegal weapon, money laundry and other illegal activites.

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October 14, 2017, 02:44:54 AM
 #402

All of the kinds of money are already used in illegal activities and in fact, the illegal activities are mostly happening inside the government because of the corrupt people who are hungry for money and they are just keep on stealing the money of the people and covering themselves in lies.



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October 14, 2017, 02:50:23 AM
 #403

maybe not for my own opinion. It is the duty of the authority to deal with those bad elements who uses USD for their illegal activities not the USD itself. USD is just a currency, it has nothing to do with the illegal activities.

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October 14, 2017, 12:47:56 PM
 #404

I see more and more articles of the USD being used for illegal activities, such as funding of terrorists and unconstitutional, illegal wars, funding of wars that cause severe infringement of civil liberties like the war on drugs, among other things. I am pretty sure that when goons smash into convenience stores and steal stuff, then the money they probably steal is USD, which makes it criminal currency. Also, I am pretty sure that the baseball bats that majority of the goons have bought were paid for by the USD.

Also, most people collect rain water, drink raw milk, and throw cannabis seeds in soil, all three acts which are considered serious illegal felonies punishable by seriously expensive fines and extensive jail time, possibly life in prison.

Some people also walk, drive, fish, or hunt without a permit that can easily be bought for in USD.
 
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?


The simple fact is that all the illegal items you enumerated has no negative effect or impact on USD.

The explanation as to why USD is used or preferred in these illegal or even legitimate transactions is that it has high value and when local fiat I'd converted to USD to be used for transactions, it makes it compacted and comfortable to be carried about without suspicion.

On the contrary, this role played by USD is currently being taken over by bitcoin because of its high value also. Fiat are these days converted to bitcoin to be carried on just a mobile gadget like a mere phone. Shaking my head.  Grin

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October 14, 2017, 09:26:21 PM
 #405

I see more and more articles of the USD being used for illegal activities, such as funding of terrorists and unconstitutional, illegal wars, funding of wars that cause severe infringement of civil liberties like the war on drugs, among other things. I am pretty sure that when goons smash into convenience stores and steal stuff, then the money they probably steal is USD, which makes it criminal currency. Also, I am pretty sure that the baseball bats that majority of the goons have bought were paid for by the USD.

Also, most people collect rain water, drink raw milk, and throw cannabis seeds in soil, all three acts which are considered serious illegal felonies punishable by seriously expensive fines and extensive jail time, possibly life in prison.

Some people also walk, drive, fish, or hunt without a permit that can easily be bought for in USD.
 
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?

I don't think the use of a currency be it USD, GBP or EUR for an illicit business will affect it. It is because of the currency's value that it is usually used.

Therefore, for the sentence and question you asked -
"Will this hurt USD in the long run?", it won't affect the currency rather it even makes the currency more popular.

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October 14, 2017, 11:58:30 PM
 #406

Do not single out USD because all curreny in the world can be used to fund terrorist or buying drugs or anything that terrorist needed.

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October 15, 2017, 03:29:28 AM
 #407

I see more and more articles of the USD being used for illegal activities, such as funding of terrorists and unconstitutional, illegal wars, funding of wars that cause severe infringement of civil liberties like the war on drugs, among other things. I am pretty sure that when goons smash into convenience stores and steal stuff, then the money they probably steal is USD, which makes it criminal currency. Also, I am pretty sure that the baseball bats that majority of the goons have bought were paid for by the USD.

Also, most people collect rain water, drink raw milk, and throw cannabis seeds in soil, all three acts which are considered serious illegal felonies punishable by seriously expensive fines and extensive jail time, possibly life in prison.

Some people also walk, drive, fish, or hunt without a permit that can easily be bought for in USD.
 
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?

Money laundering and illegal activities is unavoidable. Even drugs in different country cannot be removed by their government and that leads to the incident in china last month where they banned ico's in suspecting for they thought that bitcoins is being used for illegal transactions.

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October 16, 2017, 03:24:18 AM
 #408

i think we already know that USD being used by many illegal activities but it is hidden and only few people which know and i think not just USD but the other currency from other country is being used too. with new technology, they can do without any government know but soon after government trying to case them, the government will discovered them and maybe they will be target operation to be caught. we know that drugs and money laundering is the serious problem to be solve by government and i think they are trying their best to search the bad guy.

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October 16, 2017, 04:45:07 AM
 #409

Do not single out USD because all curreny in the world can be used to fund terrorist or buying drugs or anything that terrorist needed.
The Majority of illegal goods are bought using usd, this is because most of usd and other fiat transactions are not recorded unlike bitcoin. If all people in the world use bitcoin as the main currency, the number of illegal activity will be reduced because bitcoin isn't really anonymous, hence the guys who didn't spend enough effort to hidding their trails got chought. Even silk road can be shut down.







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October 16, 2017, 05:03:38 AM
 #410

Ofcourse. Actually in my opinion, every currency is used for illegal activities. It's the hard truth and we can't stop it as long as Big people are involved.

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October 16, 2017, 05:36:20 AM
 #411

I see more and more articles of the USD being used for illegal activities, such as funding of terrorists and unconstitutional, illegal wars, funding of wars that cause severe infringement of civil liberties like the war on drugs, among other things. I am pretty sure that when goons smash into convenience stores and steal stuff, then the money they probably steal is USD, which makes it criminal currency. Also, I am pretty sure that the baseball bats that majority of the goons have bought were paid for by the USD.

Also, most people collect rain water, drink raw milk, and throw cannabis seeds in soil, all three acts which are considered serious illegal felonies punishable by seriously expensive fines and extensive jail time, possibly life in prison.

Some people also walk, drive, fish, or hunt without a permit that can easily be bought for in USD.
 
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?

I don't think the use of a currency be it USD, GBP or EUR for an illicit business will affect it. It is because of the currency's value that it is usually used.

Therefore, for the sentence and question you asked -
"Will this hurt USD in the long run?", it won't affect the currency rather it even makes the currency more popular.
We can not make anyone stop its illegal activities, they are the criminal and that is their decision to make money from that work. The police and the government will catch them in someday, of course it is not enough to affect Dollar or any currency, because it is normal.



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October 16, 2017, 05:47:39 AM
 #412

To be in fact all currency or all money can be used in all illegal acts and cases well money is not traceable because it does not  have a tracker every piece of it well its only paper so it depends on the person on how he/she will manage it . Possibility is high and obvious example government they use the money well on their self though but not on the citizens example of that that it is not only used in illegal activities it can also be earned illegally  . Well it happens on other countries

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October 19, 2017, 06:02:18 AM
 #413

I see more and more articles of the USD being used for illegal activities, such as funding of terrorists and unconstitutional, illegal wars, funding of wars that cause severe infringement of civil liberties like the war on drugs, among other things. I am pretty sure that when goons smash into convenience stores and steal stuff, then the money they probably steal is USD, which makes it criminal currency. Also, I am pretty sure that the baseball bats that majority of the goons have bought were paid for by the USD.

Also, most people collect rain water, drink raw milk, and throw cannabis seeds in soil, all three acts which are considered serious illegal felonies punishable by seriously expensive fines and extensive jail time, possibly life in prison.

Some people also walk, drive, fish, or hunt without a permit that can easily be bought for in USD.
 
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?


The simple fact is that all the illegal items you enumerated has no negative effect or impact on USD.

The explanation as to why USD is used or preferred in these illegal or even legitimate transactions is that it has high value and when local fiat I'd converted to USD to be used for transactions, it makes it compacted and comfortable to be carried about without suspicion.

On the contrary, this role played by USD is currently being taken over by bitcoin because of its high value also. Fiat are these days converted to bitcoin to be carried on just a mobile gadget like a mere phone. Shaking my head.  Grin
It totally depend on the user how he uses his money and if USD is being used in illegal activities there is no fault of dollar in it, people will do illegal things until proper check and balanced system will implemented by cyber security and once a safe system is implemented then there will be no chance to misuse any currency so wait till that time.

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October 19, 2017, 06:51:25 AM
 #414

I see more and more articles of the USD being used for illegal activities, such as funding of terrorists and unconstitutional, illegal wars, funding of wars that cause severe infringement of civil liberties like the war on drugs, among other things. I am pretty sure that when goons smash into convenience stores and steal stuff, then the money they probably steal is USD, which makes it criminal currency. Also, I am pretty sure that the baseball bats that majority of the goons have bought were paid for by the USD.

Also, most people collect rain water, drink raw milk, and throw cannabis seeds in soil, all three acts which are considered serious illegal felonies punishable by seriously expensive fines and extensive jail time, possibly life in prison.

Some people also walk, drive, fish, or hunt without a permit that can easily be bought for in USD.
 
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?


The simple fact is that all the illegal items you enumerated has no negative effect or impact on USD.

The explanation as to why USD is used or preferred in these illegal or even legitimate transactions is that it has high value and when local fiat I'd converted to USD to be used for transactions, it makes it compacted and comfortable to be carried about without suspicion.

On the contrary, this role played by USD is currently being taken over by bitcoin because of its high value also. Fiat are these days converted to bitcoin to be carried on just a mobile gadget like a mere phone. Shaking my head.  Grin
It totally depend on the user how he uses his money and if USD is being used in illegal activities there is no fault of dollar in it, people will do illegal things until proper check and balanced system will implemented by cyber security and once a safe system is implemented then there will be no chance to misuse any currency so wait till that time.
I agree to that. We cannot do things about it because it is just the people who uses USD or other currency in transacting in illegal things and they should not do it because it is not a good thing but if they will keep continue doing it then we should stay away from them so we will prevent the possible influence from them and we should always remember that we should do things in legal and good way.

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October 19, 2017, 07:33:01 AM
 #415

Yes, like buying drugs and firearms and other illegal stuff from deep web. Not only USD, Bitcoin and other currencies also involved with illegal stuff to minimize risk for being detected with the government. Once again, it depends with the holder itself to how they are using their money.

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October 19, 2017, 08:52:00 AM
 #416

Yes, like buying drugs and firearms and other illegal stuff from deep web. Not only USD, Bitcoin and other currencies also involved with illegal stuff to minimize risk for being detected with the government. Once again, it depends with the holder itself to how they are using their money.

But USD is the most commonly used in illegal activities, it is known all over the world and accepted.

All of this won't hurt the USD, it would stay the same since it is only money, and money's reputation are all the same, they are dirty, and who will know who is holding a dirty money and who is not?

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October 21, 2017, 04:41:51 AM
 #417

I see more and more articles of the USD being used for illegal activities, such as funding of terrorists and unconstitutional, illegal wars, funding of wars that cause severe infringement of civil liberties like the war on drugs, among other things. I am pretty sure that when goons smash into convenience stores and steal stuff, then the money they probably steal is USD, which makes it criminal currency. Also, I am pretty sure that the baseball bats that majority of the goons have bought were paid for by the USD.

Also, most people collect rain water, drink raw milk, and throw cannabis seeds in soil, all three acts which are considered serious illegal felonies punishable by seriously expensive fines and extensive jail time, possibly life in prison.

Some people also walk, drive, fish, or hunt without a permit that can easily be bought for in USD.
 
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?


The simple fact is that all the illegal items you enumerated has no negative effect or impact on USD.

The explanation as to why USD is used or preferred in these illegal or even legitimate transactions is that it has high value and when local fiat I'd converted to USD to be used for transactions, it makes it compacted and comfortable to be carried about without suspicion.

On the contrary, this role played by USD is currently being taken over by bitcoin because of its high value also. Fiat are these days converted to bitcoin to be carried on just a mobile gadget like a mere phone. Shaking my head.  Grin
It totally depend on the user how he uses his money and if USD is being used in illegal activities there is no fault of dollar in it, people will do illegal things until proper check and balanced system will implemented by cyber security and once a safe system is implemented then there will be no chance to misuse any currency so wait till that time.
I agree to that. We cannot do things about it because it is just the people who uses USD or other currency in transacting in illegal things and they should not do it because it is not a good thing but if they will keep continue doing it then we should stay away from them so we will prevent the possible influence from them and we should always remember that we should do things in legal and good way.
Yes and I think this is only US dollars that mostly used for terrorist activities in the world, because no other currency is acceptable all over the world except dollar. Therefore the use of dollars is much in these illegal activities. Dollars are also used for money laundering because if someone wants to send money to other country with illegal means he use dollars because of the acceptance all over the world.

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October 21, 2017, 07:20:46 AM
 #418

I see more and more articles of the USD being used for illegal activities, such as funding of terrorists and unconstitutional, illegal wars, funding of wars that cause severe infringement of civil liberties like the war on drugs, among other things. I am pretty sure that when goons smash into convenience stores and steal stuff, then the money they probably steal is USD, which makes it criminal currency. Also, I am pretty sure that the baseball bats that majority of the goons have bought were paid for by the USD.

Also, most people collect rain water, drink raw milk, and throw cannabis seeds in soil, all three acts which are considered serious illegal felonies punishable by seriously expensive fines and extensive jail time, possibly life in prison.

Some people also walk, drive, fish, or hunt without a permit that can easily be bought for in USD.
 
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?


The simple fact is that all the illegal items you enumerated has no negative effect or impact on USD.

The explanation as to why USD is used or preferred in these illegal or even legitimate transactions is that it has high value and when local fiat I'd converted to USD to be used for transactions, it makes it compacted and comfortable to be carried about without suspicion.

On the contrary, this role played by USD is currently being taken over by bitcoin because of its high value also. Fiat are these days converted to bitcoin to be carried on just a mobile gadget like a mere phone. Shaking my head.  Grin
It totally depend on the user how he uses his money and if USD is being used in illegal activities there is no fault of dollar in it, people will do illegal things until proper check and balanced system will implemented by cyber security and once a safe system is implemented then there will be no chance to misuse any currency so wait till that time.
I agree to that. We cannot do things about it because it is just the people who uses USD or other currency in transacting in illegal things and they should not do it because it is not a good thing but if they will keep continue doing it then we should stay away from them so we will prevent the possible influence from them and we should always remember that we should do things in legal and good way.
Yes and I think this is only US dollars that mostly used for terrorist activities in the world, because no other currency is acceptable all over the world except dollar. Therefore the use of dollars is much in these illegal activities. Dollars are also used for money laundering because if someone wants to send money to other country with illegal means he use dollars because of the acceptance all over the world.
That is the downfall for the USD because it is a universal currency and almost all the things can be paid in USD and the transaction for illegal activities can be done in using USD also and that is why USD is the most used currency in illegal activities but lets be honest that the bitcoin is also one of the way of transacting illegal things because of the anonymity but overall, all the currencies even it is crypto or fiat are already been used in illegal activities.

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October 21, 2017, 08:52:50 AM
 #419

If the USD is being used for illegal activities is a yes and no doubt about it, its already in the news since long ago that people are also using USD to do illegal activities. Since the USD is one of the most powerful currency that you can use for any trade be it local or international its not a surprise that individuals or groups who do illegal things will have their eyes focus on the USD since it's much easier to use and exchange.

You can do anything with the usd.Bad or good its up to you.Anything is possible with the usd.Its an international currency so its not that hard to do some illegal activities.People do illegal activities because they get bigger profit.
Thats not the case. It is slightly different. If any govt finds out that person or company is using their currency for wrong reasons, committing a felony, anti-national activities then they seal the property and bank accounts of that person or company. Thus effectively stopping further influence. As far as cash is concerned then a country will seize that. If found guilty action can be taken against it.
In this case, illegal USD in multiple international bank accounts gets frozen by US govt with help of interpol. US govt stops transfer of money to other forms if they get information beforehand.
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October 21, 2017, 09:10:32 AM
 #420

If the USD is being used for illegal activities is a yes and no doubt about it, its already in the news since long ago that people are also using USD to do illegal activities. Since the USD is one of the most powerful currency that you can use for any trade be it local or international its not a surprise that individuals or groups who do illegal things will have their eyes focus on the USD since it's much easier to use and exchange.

You can do anything with the usd.Bad or good its up to you.Anything is possible with the usd.Its an international currency so its not that hard to do some illegal activities.People do illegal activities because they get bigger profit.
Thats not the case. It is slightly different. If any govt finds out that person or company is using their currency for wrong reasons, committing a felony, anti-national activities then they seal the property and bank accounts of that person or company. Thus effectively stopping further influence. As far as cash is concerned then a country will seize that. If found guilty action can be taken against it.
In this case, illegal USD in multiple international bank accounts gets frozen by US govt with help of interpol. US govt stops transfer of money to other forms if they get information beforehand.
USD is a currency and if pointing out that it was used in illegal activities maybe yes..
but remember all currency in the world can be use in illegal activities so all currency is no way out if it was used in illegal activities.

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