Bitcoin Forum
December 14, 2017, 01:21:40 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   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 »
  Print  
Author Topic: Is USD being used for illegal activities?  (Read 19391 times)
Yakamoto
Legendary
*
Offline Offline

Activity: 966


View Profile
October 04, 2016, 10:39:35 PM
 #81

Yes its indeed used for illegal activities and the fact is also that its logical it is used for such things, I agree with the people that every currency has this.
There is no point for those who are a part of criminal networks to not use something like Bitcoin or some other alternative cryptocurrency as a form of exploitation. They will do it with whatever they want to use, whether or not that is Bitcoin, USD or some other currency. At the end of they day they want to make money and not get caught, and Bitcoin is one of the ways to do that.














 

 

█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
BitBlender 

 













 















 












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

Activity: 434



View Profile
October 04, 2016, 10:43:23 PM
 #82

Most drug dealers/ pimps/ hitmen are still being paid in fiat currencies.
It's only a very small amount of people that are doing illegal activities and being paid in Bitcoin.
Most members of the mafia are not interested in Bitcoin, unless its some scam to defraud people of their currency, or a cyber gang planning to hack an exchange etc.
Most criminals don't even know what crypto currencies are. They are looking to get paid in cash, diamonds, gold jewelry etc.

Doamader
Hero Member
*****
Offline Offline

Activity: 644



View Profile
October 04, 2016, 11:07:10 PM
 #83

Most drug dealers/ pimps/ hitmen are still being paid in fiat currencies.
It's only a very small amount of people that are doing illegal activities and being paid in Bitcoin.
Most members of the mafia are not interested in Bitcoin, unless its some scam to defraud people of their currency, or a cyber gang planning to hack an exchange etc.
Most criminals don't even know what crypto currencies are. They are looking to get paid in cash, diamonds, gold jewelry etc.

Like you state the portion of people which use crypto currencies are very small, compared to the mafia transactions that uses money as diamonds to make and run their business. Soo people ask if bitcoin is being used, sure it allows to buyers and sellers an extra privacy that fiat cant provide.


     ███
      █████████████████████
       ███████████████████████
          ██████████████████████
                         ████████
         ████████████      ███████
          ███████████        █████
            █████████        ██████
                █████         █████
                █████         █████
                █████        ██████
                █████        █████
                █████      ███████
                █████    ████████
                ███████████████
                █████████████
                ██████████
IDivi ProjectI
  ◤
  ▶
  ◣
❖❖❖ CRYPTO MADE EASY ❖❖❖
IDesigned for mass adoption by billion of people.I
  ◥
  ◀
  ◢
ICO
◆◆◆◆◆◆◆◆
Oct. 27th - Nov. 23rd
  ◤
  ▶
  ◣
♦ Whitepaper
♦ Telegram
♦ Website



mrhelpful
Legendary
*
Offline Offline

Activity: 1372



View Profile
October 04, 2016, 11:09:08 PM
 #84

Go search for the panama papers.

That itself should tell you everything how this world works - outside from pimps/drugdealer etc.
Shinpako09
Legendary
*
Online Online

Activity: 882


View Profile
October 04, 2016, 11:23:57 PM
 #85

I think all currency has been used for illegal activity not just USD. So theres no reason for others to blame crypto that is being used for illegal activity because even fiat is being used.
MingLee
Sr. Member
****
Offline Offline

Activity: 476


View Profile
October 04, 2016, 11:24:36 PM
 #86

Go search for the panama papers.

That itself should tell you everything how this world works - outside from pimps/drugdealer etc.
You don't even have to go and read anything. Just sit down, and question everything and ask "how much money can people get out of this?". Look at politicians and ask "how much money can they get out of this? Who donates or benefits them?". That gives you all the information that you need. You only have to read things to confirm your suspicions.
mirakal
Hero Member
*****
Offline Offline

Activity: 784


FortuneJack the No. 1


View Profile
October 05, 2016, 04:20:48 AM
 #87

Go search for the panama papers.

That itself should tell you everything how this world works - outside from pimps/drugdealer etc.
You don't even have to go and read anything. Just sit down, and question everything and ask "how much money can people get out of this?". Look at politicians and ask "how much money can they get out of this? Who donates or benefits them?". That gives you all the information that you need. You only have to read things to confirm your suspicions.
Every currency are use in illegal activities because there a lots of illegal acts in their world and not only drugs, gambling is also one of the contributor as there are countries who ban gambling but still people are doing their best to gamble, I think there is no excuse for anyone as every currency can be used for illegal activities and not only dollars.

FORTUNEJACK.COM[
                             
9 BTC WELCOME PACK FOR 1ST 5 DEPOSITS
FREE 1,000 mBTC daily for LuckyJack winners
[
           
]
gabmen
Hero Member
*****
Offline Offline

Activity: 630

★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
October 05, 2016, 04:52:31 AM
 #88

Go search for the panama papers.

That itself should tell you everything how this world works - outside from pimps/drugdealer etc.
You don't even have to go and read anything. Just sit down, and question everything and ask "how much money can people get out of this?". Look at politicians and ask "how much money can they get out of this? Who donates or benefits them?". That gives you all the information that you need. You only have to read things to confirm your suspicions.
Every currency are use in illegal activities because there a lots of illegal acts in their world and not only drugs, gambling is also one of the contributor as there are countries who ban gambling but still people are doing their best to gamble, I think there is no excuse for anyone as every currency can be used for illegal activities and not only dollars.
Yeah i think both of you actually have a good point. It really doesn' t matter as people who into these activities will always find a way. It's possible even that some are already using btc, though i think it already is being used now. So the dollar, being the main currency right now, is definitely being used for illegal activities.

rickbig41
Staff
Hero Member
*****
Offline Offline

Activity: 770


Where am I looking?


View Profile
October 05, 2016, 05:03:47 AM
 #89

I think all currency has been used for illegal activity not just USD. So theres no reason for others to blame crypto that is being used for illegal activity because even fiat is being used.

In short as long as it has trade value it can be used to transact illegally...Others use their local money, I believe that smuggling is one hell of a bad business where you can use dollar since it is accepted anywhere in the world...  Smiley

17GQrJyfRkXBjk9mRAdT3keQMHejqCFeDq
zPanda
Member
**
Offline Offline

Activity: 104


View Profile
October 05, 2016, 05:15:41 AM
 #90

Definitely fiat and crypto currencies have been used to fund illegal activities. Hence the government's negative reaction towards Bitcoin, where payments are deemed to be anonymous and untraceable.
dunfida
Hero Member
*****
Offline Offline

Activity: 770



View Profile
October 05, 2016, 06:42:18 AM
 #91

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.

You are right, no matter   if bitcoin  or  fiat as  long they have value  they would surely use either  on legal or  on  illegal ways and as we all know that people  would do  such act because they know that it has value and   they used  it no matter  what  it is, USD  and  other  fiat currencies  could  possibly used  though






▄▄▄▄              ▄▄                                                              ▄▄▄▄
████             ████                                                             ████
████              ▀▀      ████                         ████                       ████
████  ▄▄▄▄▄      ▄▄▄▄   ▄▄████▄▄▄▄▄      ▄▄▄▄▄       ▄▄████▄▄▄▄▄   ▄▄▄▄▄▄▄▄▄      ████
█████████████    ████   ███████████   ▄████▀████▄    ███████████  ▐██████████▄    ████
████     ▀████   ████     ████      ▄████▀   █████▄    ████        ▀▀    ▀████    ████
████      ████   ████     ████      ███▀    ▀██████    ████         ▄▄▄▄▄▄████    ████
████      ████   ████     ████      ████▄██▄  ▀████    ████       ████████████    ████
████     ▄████   ████     ████▄     ▀████████▄  ██▀    ████▄     ▐███▌    ▐███    ████       ▄▄
████████████▀    ████     ▀███████▌   ▀█████████▀      ▀███████▌  ████████████    ▀█████▌   ████
   ▀▀▀▀▀▀▀       ▀▀▀▀       ▀▀▀▀▀▀       ▀▀▀▀▀           ▀▀▀▀▀▀     ▀▀▀▀  ▀▀▀▀      ▀▀▀▀     ▀▀   

Ybalevia
Sr. Member
****
Offline Offline

Activity: 247


View Profile
October 05, 2016, 07:36:18 AM
 #92

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?

Any currency are been used to any illegal activities aslong it is not fake and acceptable by any banks, and if you travel in different countries well you can see really that they are using their currency to buy those illegaly forbidden by the law. And thats the reason why my conclusion is this since currencies are powerfull and it can make the good to be worst.
Off course everything where you can pay with on earth is used for illegal activities becuyase there are lots of people in the world getting much money with illegal activities and i think that cash is the most used thjing for that. not even the bitcoin.
Legasean
Sr. Member
****
Offline Offline

Activity: 340


View Profile
October 05, 2016, 07:48:10 AM
 #93

Off course also us dollars are used for illegal activities and not only the doillar is used for that bad things also other currencys are also used for illegal activities off course you cant help that.
Taki
Hero Member
*****
Offline Offline

Activity: 602


View Profile
October 05, 2016, 07:53:00 AM
 #94

i think it's very possible, teroris have highest technology to mixing his money at bank without any trail, and untraceble.
i think people can buy anything use usd, the illegal activity with usd is very possible


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?

goverment must ban any illegal activity, he must freeze the bank account of terorism
That is true what you have said now. Terrorists have high technologies to now and some hackers also work on them. I think they even can use bitcoin for their businesses, cause of governments don't control bitcoin and don't see some big transactions in this crypto currency.

   
▄████▄       
██████       
▀████▀       
▀██████      ▄▄▄▄▄▄▄▄▄▄▄▄   
▄▄█████  ▄██████████████████▄
▄██████▀██  ████████████████████
▄█████▀    ▀  ████████████████████
▄█████▀         ███ ████████████ ███
██████▀          ███ ████████████ ███
███████           ███ ████████████ ███

▄████▄                  ███████   
██████                 ▄██████     
▀████▀                ▄█████▀     
▄▄▄▄▄▄▄▄▄▄▄▄      ▄    ▄█████▀       
▄██████████████████▄  ██▄ █████▀         
████████████████████  ██████▀▀           
████████████████████  ██████▄             
███ ████████████ ███                     
███ ████████████ ███                     
███ ████████████ ███                       
  [    |    ████████████████████████
████████████████████████
███            ▀████████
███  ███████  ▄  ▀██████
███           ██▄  ▀████
███  ███████  ████▄  ███
███                  ███
███  ██████████████  ███
███                  ███
███  ██████████████  ███
███                  ███
████████████████████████
████████████████████████
  ] 
FACEBOOK  )   (  TWITTER  )
  .SUBSCRIBE NOW!!!. 
INSTAGRAM  )  (  LINKEDIN  )
tee-rex
Sr. Member
****
Offline Offline

Activity: 448



View Profile
October 07, 2016, 09:29:32 PM
 #95

Definitely fiat and crypto currencies have been used to fund illegal activities. Hence the government's negative reaction towards Bitcoin, where payments are deemed to be anonymous and untraceable.

In my view, governments are not so much concerned with cryptocurrencies being used to fund illegal activities as worried about ordinary people starting to use Bitcoin instead of their own money. Governments and mafias in many countries are closely intertwined, and Bitcoin threatens their monopoly over money. Methinks, that's the main cause of negativity toward Bitcoin from the authorities. Illegal activities using cryptocurrencies are negligible versus what is done with government money.

     ╔═╗ ╦ ═╦═╔══╔══╗╔══╗╔══          OFFICIAL WEBSITE | TWITTER  | FACEBOOK
==== ╠═╝╗║  ║ ║  ║  ║╠═╔╝╠══ ====    OFFICIAL F.A.Q.  | TELEGRAM | TECHCHART    
     ╚══╝╩  ╩ ╚══╚══╝╚ ╚═╚══          10 MB, segwit, BTC -> BTX, airdrops +++
Fatanut
Hero Member
*****
Offline Offline

Activity: 756



View Profile
October 10, 2016, 04:04:51 PM
 #96

This is like asking if criminals like getting paid and having their identity hidden at the same time. Well, of course. Any acceptable form of money will be used as a payment in illegal activities. Bitcoin actually have a reputation that it is being used in the darkNet and a lot of people have that on their minds for a while now. Sadly, most people only thinks of this fact and nothing else about Bitcoin.

██
██
██
██
██
██
██
██
██
██
██
██
██
██
██

░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░░░░██████░░░░░░░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░███░░░░░░███░░░░░░░░░░░░░░░░░░
░░░░░░░░░░░░██░░░░░░░░░░░░██░░░░░░░░░░░░░░░░
░░░░░░░░░░░██░░░░░░░░░░░░░░██░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░
░░░░░░░░░░░██░░░░░░░░░░░░░░██░░░░░░░░░░░░░░░
░░░░░░░░░░░░██░░░░░░░░░░░░███░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░███░░░░░░█████░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░░░░██████░░░░██░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░

██
██
██
██
██
██
██
██
██
██
██
██
██
██
██

██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
jossiel
Hero Member
*****
Offline Offline

Activity: 644


View Profile
October 11, 2016, 03:56:28 AM
 #97

Off course also us dollars are used for illegal activities and not only the doillar is used for that bad things also other currencys are also used for illegal activities off course you cant help that.


And that is not just USD being used for illegal activities but as well as bitcoins, alt coins and our local currencies. As long as there is money involved.

Criminals are going to do something for making it related to their illegal activities to cover up their payments and I know gold and silver does.

So anything that has value they will going to include that to their illegal activity.
Zadicar
Hero Member
*****
Offline Offline

Activity: 770



View Profile
October 11, 2016, 08:55:20 AM
 #98

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?

Any currency are been used to any illegal activities aslong it is not fake and acceptable by any banks, and if you travel in different countries well you can see really that they are using their currency to buy those illegaly forbidden by the law. And thats the reason why my conclusion is this since currencies are powerfull and it can make the good to be worst.
Off course everything where you can pay with on earth is used for illegal activities becuyase there are lots of people in the world getting much money with illegal activities and i think that cash is the most used thjing for that. not even the bitcoin.

Correct, everything that  can be paid  or buy with  money could be possibly used in any way its either legal or  illegal activities. I agree with you  people would tend to do  illegal things because   they could able to make  more money with it. Any fiat currency would  do as  long  it has a value. It would  surely be used on illegal things

1Referee
Legendary
*
Online Online

Activity: 1358

www.bitkorn.com domain for sale.


View Profile
October 11, 2016, 09:03:15 AM
 #99

Every fiat currency, precious metal, valuable items, Bitcoin, drugs, etc, can be, and are being used for illegal things. Illegal activities are not tied to one of them. It's a combination of all these options, where some times (depending on what needs to be done) one of them might be better (more convenient) than the other.

arwin100
Hero Member
*****
Offline Offline

Activity: 686


❤ Filipino Translator ❤


View Profile WWW
October 11, 2016, 09:12:48 AM
 #100

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?

Any currency are been used to any illegal activities aslong it is not fake and acceptable by any banks, and if you travel in different countries well you can see really that they are using their currency to buy those illegaly forbidden by the law. And thats the reason why my conclusion is this since currencies are powerfull and it can make the good to be worst.
Off course everything where you can pay with on earth is used for illegal activities becuyase there are lots of people in the world getting much money with illegal activities and i think that cash is the most used thjing for that. not even the bitcoin.

Correct, everything that  can be paid  or buy with  money could be possibly used in any way its either legal or  illegal activities. I agree with you  people would tend to do  illegal things because   they could able to make  more money with it. Any fiat currency would  do as  long  it has a value. It would  surely be used on illegal things


As generally spoken all currency,processor or even commodities are been used for those illegal activites since that is the one who's been used by the fellow bad people to manipulate so they can earn for thereselves, and aslong as things have current value it could be prone to be used by those oppurtunist to used it for their illegal scheme, and actually we can see illegal people using different currency/processor to make theirselves unknown.

     ▄██████████▄▄
   ▄█████████████████▄      ▄▌
  █▀▀▀▀▀▀▀███████████████████
▐          ▀▀▀█████████████
       ▄███▀     ▀▀▀█████▀
    ▄█████  ▄▄▄█████
   ██████▀▀▀███████▌
▄███████   ███████▌
████████   ███████▌
████████   ███████▌
████████▌  ███████▌
▀████████  ███████▌
  ▀███████▄ ████▀▀▀        ▄▀
   ▀███████▌             ▄█▀
     ▀▀██████▄         ▄▀▀
        ▀▀▀███████▀▀▀▀
.CyberTrust.io.█ ██  █
  █ █ █
█  ██ █
  █ █
█ ██  █
█ █ █ 
   ██ █
█ █ █ █
  ██  
█ █ █ █
█  ██ 
█ █ █ █
████████████████████████████████████████████████████████████████████   ██████████████  ████              ██████████████         ████        ████    ███████
..Fueling Crypto Securitisation..
███████    ████        ████         ██████████████              ████  ██████████████   ████████████████████████████████████████████████████████████████████
█ ██  █
  █ █ █
█  ██ █
  █ █
█ ██  █
█ █ █ 
   ██ █
█ █ █ █
  ██  
█ █ █ █
█  ██ 
█ █ █ █
        ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
       ██▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀██
    ▄████████████████▄  ██
    ▀               ██  ██
▄███████████▄       ██  ██
██         █▀█▄     ██  ██
██         █  ▀█▄   ██  ██
██         █    ██  ██  ██
██  ▀▀▀▀▀  ███████  ██  ██
██              ██  ██  ██
██  ▀▀▀▀▀▀▀▀▀▀  ██  ██  ██
██              ██  ██  ██
██  ▀▀▀▀▀▀▀▀▀▀  ██  █████▀
██              ██ ▄█▀   
▀████████████████▀       
 
Announcement
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
Whitepaper
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 »
  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!