Pierre 2
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April 16, 2017, 12:06:08 PM |
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Not sure this is troll or just serious question, haha. It is definitely being used by terrorists. It is the most acceptable money in the world. And yes nothing damages it at all.
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Lacander
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April 16, 2017, 12:58:10 PM |
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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. Yes, all currencies and even gold can be used for illegal purposes. As long as there is demand, a proposal will always be created.
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Forester618
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April 16, 2017, 01:06:39 PM |
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Not sure this is troll or just serious question, haha. It is definitely being used by terrorists. It is the most acceptable money in the world. And yes nothing damages it at all.
I think that this topic was created in retaliation for the subject which refers to the fact that bitcoin due to its anonymity often becomes a mechanism for the financing of terrorism. I agree with you that funding is tied to any currency or precious metals. To pay terrorists even drinking water, lack all Muslim countries and it is possible not bad to earn.
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AjithBtc
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April 16, 2017, 01:20:29 PM |
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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.
Yeah, every currency is used for illegal activities. The goodness with it is the convenience that each currency provides. On illegal transactions USD is used much and at the early days of cryptocurrencies existence bitcoin was used as a storage token for illegal fund transfer and eventually this got changed when the coins become more potential.
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wxa7115
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April 16, 2017, 04:24:58 PM |
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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
Cash is the perfect instrument for all of that if you think about that is why governments keep trying to eliminate cash from our lives and they have been very successful since most of the money on the planet exists as numbers in a computer instead of existing in the form of cash.
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savioroshan
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April 16, 2017, 05:15:24 PM |
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I liked op's question.lol.Not only USD, all fiat currencies are used for illegal activities. In each country, people use their currency for illegal activities. And for international illegal activites, USD is used more . When bitcoin becomes popular, definitely i will be used for illegal activites instead of USD. Not only bitcoin, all cryptocurrencies will be used for this type of things.That's why governments are not legalizing cryptocurrencies.
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NEWGOODOUBLE
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April 16, 2017, 11:12:15 PM |
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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.
because bitcoin anonymous and decentralized so you will not know if the criminals are also using bitcoin to launder their money. they are hidden because aid bitcoin
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Sled
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April 17, 2017, 03:57:16 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.
because bitcoin anonymous and decentralized so you will not know if the criminals are also using bitcoin to launder their money. they are hidden because aid bitcoin You can't tell if criminals are using bitcoin to do their illegal activities. But in fact, lets accept that even we know or not, they are already using bitcoin to do their illegal activities because bitcoin is anonymous and they can use it to do illegal transaction because the authorities can't track them down. Bitcoin and USD are both same that being used in illegal activities and we should know that.
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X-ray
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April 17, 2017, 05:06:38 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.
because bitcoin anonymous and decentralized so you will not know if the criminals are also using bitcoin to launder their money. they are hidden because aid bitcoin You can't tell if criminals are using bitcoin to do their illegal activities. But in fact, lets accept that even we know or not, they are already using bitcoin to do their illegal activities because bitcoin is anonymous and they can use it to do illegal transaction because the authorities can't track them down. Bitcoin and USD are both same that being used in illegal activities and we should know that. He said based on some of the advantages of bitcoin which really helped for the criminal. Every currency will ever be used by the criminal for doing an illegal activity. Fiat currency is still being the number one about the illegal activities. Because it easy for use and you can use them anywhere. It's not bitcoin fault.
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grobura
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April 17, 2017, 08:31:17 PM |
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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.
because bitcoin anonymous and decentralized so you will not know if the criminals are also using bitcoin to launder their money. they are hidden because aid bitcoin You can't tell if criminals are using bitcoin to do their illegal activities. But in fact, lets accept that even we know or not, they are already using bitcoin to do their illegal activities because bitcoin is anonymous and they can use it to do illegal transaction because the authorities can't track them down. Bitcoin and USD are both same that being used in illegal activities and we should know that. He said based on some of the advantages of bitcoin which really helped for the criminal. Every currency will ever be used by the criminal for doing an illegal activity. Fiat currency is still being the number one about the illegal activities. Because it easy for use and you can use them anywhere. It's not bitcoin fault. Everything that has value attracts criminals. Therefore, we often hear that they have stolen dollars. Now we will often hear about crimes with cryptocurrency. This is an ordinary life
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meliodas
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April 17, 2017, 09:57:45 PM |
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all currency can be used in illegal activities so I think there is nothing new in this, but I guess bitcoin is more easier to be used in illegal activity.
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MyIdeas
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April 17, 2017, 10:23:34 PM |
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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.
But I have heard that the use of USD is more for the illegal activities because with USD a person is able to pay anywhere in the world and it is know all over the world and the use of it is also very easy than any other currency and a manual transaction is unable to detect.
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pacifista
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April 18, 2017, 01:14:25 AM |
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Yes , bitcoin is definitely used in all kinds of transaction including illegal activities. Because bitcoin is anonymous they prefered to use it in all kinds of online transaction,small or big, legal or illegal activities.
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Lagduf
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April 18, 2017, 01:20:31 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.
But I have heard that the use of USD is more for the illegal activities because with USD a person is able to pay anywhere in the world and it is know all over the world and the use of it is also very easy than any other currency and a manual transaction is unable to detect. You heard the right information, probably your media is honest or you just being informed by your fellas who knows conspiracy deep in his brain.
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madwica
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April 18, 2017, 01:22:16 AM |
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Yes , bitcoin is definitely used in all kinds of transaction including illegal activities. Because bitcoin is anonymous they prefered to use it in all kinds of online transaction,small or big, legal or illegal activities.
Just read the OP, he says USD and not BITCOIN mate. For me all currency can be used in all transaction even it is legal or illegal but it depends on the person where he used the currency. i think those people wanting to used it in illegal they are desperate to earn big money or drug addicts because people have a good mind are not doing illegal things to make his/her life in trouble.
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wxa7115
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April 18, 2017, 08:45:37 PM |
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Yes , bitcoin is definitely used in all kinds of transaction including illegal activities. Because bitcoin is anonymous they prefered to use it in all kinds of online transaction,small or big, legal or illegal activities.
Just read the OP, he says USD and not BITCOIN mate. For me all currency can be used in all transaction even it is legal or illegal but it depends on the person where he used the currency. i think those people wanting to used it in illegal they are desperate to earn big money or drug addicts because people have a good mind are not doing illegal things to make his/her life in trouble. While some people commit crimes out of desperation like drug addicts, most crimes related to money are for greed and nothing more, they love money so much they will do anything to try to get their hands on more of it, that is why you see people that have millions commit fraud to enrich themselves even further.
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HEWRA
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April 18, 2017, 11:39:28 PM |
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Every currency is being used for illegal activites, so it is not strange at all that also bitcoin is being used for such a purpose.
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Sled
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April 19, 2017, 02:06:24 AM |
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Every currency is being used for illegal activites, so it is not strange at all that also bitcoin is being used for such a purpose.
That is right. There is no exemption for every currency because currency can't control the criminals who are using it for illegal activities, every country has a currency and every currency is being used to do illegal transactions and bitcoin is anonymous so it is more prone to illegal activities.
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Sithara007
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April 19, 2017, 02:21:16 AM |
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Every currency is being used for illegal activites, so it is not strange at all that also bitcoin is being used for such a purpose.
The primary medium of drug business is physical cash (especially high denomination banknotes such as the €500 and €200). It is difficult to calculate the percentage of various currencies used for drug trade, but I strongly suspect that the market share of BTC in drug business is very low (probably less than 1%).
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cryp24x
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April 19, 2017, 02:30:35 AM |
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Yes , bitcoin is definitely used in all kinds of transaction including illegal activities. Because bitcoin is anonymous they prefered to use it in all kinds of online transaction,small or big, legal or illegal activities.
Just read the OP, he says USD and not BITCOIN mate. For me all currency can be used in all transaction even it is legal or illegal but it depends on the person where he used the currency. i think those people wanting to used it in illegal they are desperate to earn big money or drug addicts because people have a good mind are not doing illegal things to make his/her life in trouble. While some people commit crimes out of desperation like drug addicts, most crimes related to money are for greed and nothing more, they love money so much they will do anything to try to get their hands on more of it, that is why you see people that have millions commit fraud to enrich themselves even further. It is not only money greedy people are after. They are either after for power or fame. So they use everything in their arsenal to get this things. People use money (this time USD) to buy position in the office of the government. Others bribe judges to win a contest. This means all kind of money can be use for illegal activities, not only USD.
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