Supercrypt
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April 11, 2017, 01:37:27 PM |
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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. I am not sure what your point is here. USD has nothing to do with criminal activities. If criminals started using Ferraris to run over people would you blame Ferrari or cars for the murder? Everything can be used for good or evil purposes. Its up to the user to decide what he does with it. USD may be easier to buy criminal goods with than Icelandic currency or something but baseball bats can also help a criminal but are also not bad in themselves. Sorry for the rant but I just trying to say these two things are totally unrelated.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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bryant.coleman
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April 11, 2017, 05:11:27 PM |
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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. I am not sure what your point is here. USD has nothing to do with criminal activities. If criminals started using Ferraris to run over people would you blame Ferrari or cars for the murder? Exactly. The United States Dollar should not be blamed for the street drug trade and other criminal activities, as it is just a medium of payment. Similarly, Bitcoins should not be blamed for all the dark-markets and pay-for-kill setups, as in this case also, it is just a medium of payment. Both the USD and the BTC can be used for good, as well as bad purposes.
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White Christmas
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★Bitvest.io★ Play Plinko or Invest!
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April 13, 2017, 01:14:21 PM |
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In my own personal point of view yes it can especially we all know that it is an international currency that it can be directly transfered or deposit to any bank in the world. so that once the people who are involved in the illegal activities use or withdraw the money from the bank or particular country the exchange rate of dollars can be doubled and turned out to be clean and untraceable that's what we called money laundering.
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bitcoinisbest
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April 13, 2017, 01:22:40 PM |
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Firstly the subject line I would not agree with. Secondly its not only USD any currency in the world can be used for any illegal activities. In specific country which ever currency they use people use that currency to do illegal activities since it happens everywhere in world. And not just in one country where you can say USD is being used.
Well its oneself to look and identify that they do not get involved in malfunction or malpractices that led down them self in their own eyes and in world's eyes.
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wxa7115
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April 14, 2017, 07:49:25 PM |
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No doubt that USD is being used for illegal activities, if it is not so. Then US doesn't have any prisoners for committing such crimes. And there's no exception of it, as long as it is money, people who are craving for money and riches will use any currency that they wish to use for their illegal activities.
Also the world acceptance of the dollar makes it very attractive for those that want to commit crimes to use it, it does not make much sense to use a currency that only a few have ever heard of, the US dollar is known all around the world.
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Paid Piper
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April 14, 2017, 11:42:56 PM |
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Thats not the fault of USD. Every country has its own currency which is used by the local terrorist, smugglers I mean bad people,thats not the problem of the currency thats the problem of the system. Yes USD is widely used so terrorist or criminals gonna like it for sure.
Yes, USD is the Bitcoin of all fiats and sonice it's used globally in almost every country, bad people will find it convenient to do their business with it since it can be easily accepted and changed in every jurisdiction. to me i think not only USD but all other currencies may be using for illegal activities, in fact bitcoin is a money and they use money for illegal activities which make it possible to for them to
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BeGoods
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April 15, 2017, 01:19:15 AM |
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I think the dollar is not just used for crime or illegal activity. but all currency, each country has a mafia, and they must use local currency for illegal activity
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Sled
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April 15, 2017, 04:00:48 AM |
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Yes, USD is being used for illegal activities and that is not new for us because even this forum is not created yet, we already knew that USD or other fiat is the main thing that they used in doing illegal activities like buying illegal stuffs or paying the criminals. I'm sure that even the bitcoin is already used to this kind of activities.
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Mvaporis1961
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April 15, 2017, 04:25:35 AM |
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Yeah even bitcoins and euros.Most terrorist this day are using this kind of currency wether cryptocurrency or fiat.It is a currency so every people can use it wether it is illegal or in legal activities.It is the users job to control where is he going to use it and government needs to elliminate this kind of problem.
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ankit10
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April 15, 2017, 04:35:35 AM |
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Yup anyone can use bitcoin and other cryptocurrency as for illigal uses, and nowdays terrorist are also very highly qualified in technically ways so its possible that they are using vryptocurrency for illegal activities.
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wxa7115
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April 15, 2017, 05:11:28 PM |
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Yup anyone can use bitcoin and other cryptocurrency as for illigal uses, and nowdays terrorist are also very highly qualified in technically ways so its possible that they are using vryptocurrency for illegal activities.
While provabilities dictate that what you say is true it makes more sense for anyone trying to do illegal things to use a currency that cannot be traced back to you and with bitcoin is relatively easy to track your transactions since bitcoin is not anonymous.
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rikybrosh
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April 16, 2017, 05:38:31 AM |
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Yup anyone can use bitcoin and other cryptocurrency as for illigal uses, and nowdays terrorist are also very highly qualified in technically ways so its possible that they are using vryptocurrency for illegal activities.
Not only terorist, even Bitcoin was used to buy drugs in the deep web but fiat is just ever Used For This thing too, so I think it is depend the user if the user is bad people they will use bitcoin for illegal activity but if the user is good people they will use bitcoin for good thing.
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Nevis
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April 16, 2017, 06:42:30 AM |
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Yes ofcourse actually USD has the most number of payments in illegal activities like terrorism,prostitution and many other illegal things.No one can stop this scene which is happening since a long time, even the goverment cant eliminate this kind of illegal activities where usd is in
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Nagadota
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April 16, 2017, 07:06:44 AM |
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To be fair when you say USD you're referring to physical cash. Bitcoin allows easier illegal activity online because it's not being overseen by a third party that could be compromised, in the same way that cash transactions are not. It's not a bad thing that it exists, but it still facilitates illegal activity.
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Creepings
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April 16, 2017, 07:12:05 AM |
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Yup anyone can use bitcoin and other cryptocurrency as for illigal uses, and nowdays terrorist are also very highly qualified in technically ways so its possible that they are using vryptocurrency for illegal activities.
Yup, anyone can use bitcoin and many other cryptocurrency for illgel purposes, that is a given, but the OP is asking about USD (United States Dollars) being used in illegal activities and not about the digital currency. USD is a global currency and it is, no excuse, obviously is used in illegal activities. As a currency used by the whole world, there are no reason to say that USD is not used in these activities.
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delliaerd
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April 16, 2017, 07:48:12 AM |
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Yup anyone can use bitcoin and other cryptocurrency as for illigal uses, and nowdays terrorist are also very highly qualified in technically ways so its possible that they are using vryptocurrency for illegal activities.
Yup, anyone can use bitcoin and many other cryptocurrency for illgel purposes, that is a given, but the OP is asking about USD (United States Dollars) being used in illegal activities and not about the digital currency. USD is a global currency and it is, no excuse, obviously is used in illegal activities. As a currency used by the whole world, there are no reason to say that USD is not used in these activities. Maybe before made post ankit10 didn't understand what thread talking about. Whereas It most important thing before making a post. Yeah i agree that usd is international currency which many peoples use, it very possible one of peoples use it for illegal activities. Because almost everyone accept and recognize it.
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CraigWrightBTC
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April 16, 2017, 07:54:10 AM |
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Yes, USD is be used for illegal activities and it is not USD only all of fiat money being used for illegal activities, for example there are many issues about money laundering, it happen on fiat currency not on bitcoin, i don't see issues about money laundering in bitcoin although bitcoin can be used for money laundering with bitcoin mixing service.
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TastyChillySauce00
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April 16, 2017, 07:56:27 AM |
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No doubt that USD is being used for illegal activities, if it is not so. Then US doesn't have any prisoners for committing such crimes. And there's no exception of it, as long as it is money, people who are craving for money and riches will use any currency that they wish to use for their illegal activities.
Also the world acceptance of the dollar makes it very attractive for those that want to commit crimes to use it, it does not make much sense to use a currency that only a few have ever heard of, the US dollar is known all around the world. That's right, a wide acceptance + leaves no traces. Actually, bitcoin or any other altcoins (except those which really have anonymity features instead of pseudo-anonymous) aren't suited well for illegal activities that every traces of transactions will always be saved up inside the blockchain and it's impossible to be deleted. Just still wondering why people here keep on assuming something which is wrong regarding bitcoin's pseudo-anonymity that they said could bring the criminals to a higher level.
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emezh10
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April 16, 2017, 09:33:53 AM |
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All currency are used in Illegal activities whether it is bitcoin or USD or any other form of money because it is used to buy things so that it used for illegal activities such as gambling, buying drugs and other. As long as it is form of money it can be used into Illegal.
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dmamigo
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April 16, 2017, 09:59:24 AM |
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All currency are used in Illegal activities whether it is bitcoin or USD or any other form of money because it is used to buy things so that it used for illegal activities such as gambling, buying drugs and other. As long as it is form of money it can be used into Illegal.
I agree, and not only USD and Bitcoins, all the currencies of this World which are in the form of black money specially is being used for illegal activities and corruption is as well increasing.
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