Is USD being used for illegal activities?

[chaturbateaccount]

Agreed, USD is just a currency that is mostly known by people so it's most probably used or request by bad people for their services such as killing, kidnapping, etc. USD or any other currency has no fault in those things and simply is used due to value in human lives. Money is considered as one of the needs of human to live.
Humans are at fault here on using dollars in a bad way.

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[farwellbit]

Sure, it is being used for a lot of illegal activities since it makes you completely anonymous people are
capitalizing on that and using to pay for illegal activities like credit card details, porn sites and excess other stuff like drugs, human trafficking e.tc

[Bunsomjelican]

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?

Doing any illegal activities are very much possible for every country. Which means every currency can be use for illegal activity or purposes, and if that happen it will be a big problem to each nation to resolve this circumstances, so other nations they ban it those who make illegal things.

[roomfirst]

I think it's not only for USD but almost all curencies and also online currencies, crypto currencies also included for illegal activities. Especially crypto currencies, it will be hard to track where the transaction goes if the criminals using bitcoin as the payment. They also can laundry the money to leave the track.

[Jeger]

Of course USD is being used for illegal activities especially in 1960s since there are denomination of $10,000 in a single bill. Now days many corruptors and other criminals would hide their money is a stash of $100 USD.

[joshy23]

I think it's not only for USD but almost all curencies and also online currencies, crypto currencies also included for illegal activities. Especially crypto currencies, it will be hard to track where the transaction goes if the criminals using bitcoin as the payment. They also can laundry the money to leave the track.

I think US is the most widely traded currency that has been used for illegal activities specially drugs. Even the dollar bill now are physically tainted with drugs. So now since criminals have find crypto currencies to be a safe haven for them to used for their illegal activity specially coins like Monero, I wouldn't surprise it they are already doing it right now.

I also like to point out that not only USD is being used, most of the currency are. As long as criminals will profit, whether you paid in crypto's or USD or any currency for that matter, it would continue to be accepted.

[Dr.Osh]

I think it's not only for USD but almost all curencies and also online currencies, crypto currencies also included for illegal activities. Especially crypto currencies, it will be hard to track where the transaction goes if the criminals using bitcoin as the payment. They also can laundry the money to leave the track.

I think US is the most widely traded currency that has been used for illegal activities specially drugs. Even the dollar bill now are physically tainted with drugs. So now since criminals have find crypto currencies to be a safe haven for them to used for their illegal activity specially coins like Monero, I wouldn't surprise it they are already doing it right now.

I also like to point out that not only USD is being used, most of the currency are. As long as criminals will profit, whether you paid in crypto's or USD or any currency for that matter, it would continue to be accepted.

I think some people are still doing that. But, I'm sure it's done with caution. the evidence is so much in the news, and in the media. There are still many people who do illegal transactions using usd

[lilit]

Of course it is used, but they prefer cash rather than through bank transfer. Through a bank transfer it is very easy to track, and a suitcase of cash is difficult to find.

[Theb]

I think there is only one answer to this and it is Yes. Basically any kind of currency can and has the potential to be use in illegal activities it is simply needed in order to transact with something. And to answer your other question. No it won't hurt the value of USD as it being ised in illegal activities signifies demand for that kind of currency. I don't know why you are making this a big thing but everything that has value can be used for illegal things.

[Fortify]

This is sort of like asking: Is water wet?

Of course USD is being used for illegal activities, just like every other currency in the world. They are the primary currency traded around the world, the US government takes effort to keep it's dominance and naturally USD will be the premier currency of criminals too. Is there a hidden premise to your question though? Like some sort of twisted idea that American's by association to the dollar, are more likely to engage in criminal activity? Because that seems totally unconnected.

[Fatunad]

This is sort of like asking: Is water wet?

Of course USD is being used for illegal activities, just like every other currency in the world. They are the primary currency traded around the world, the US government takes effort to keep it's dominance and naturally USD will be the premier currency of criminals too. Is there a hidden premise to your question though? Like some sort of twisted idea that American's by association to the dollar, are more likely to engage in criminal activity? Because that seems totally unconnected.

Agree, this question would only require common sense for you able to answer it and as being said its just really like answering on whats the color of apple.? lol. Offcourse usd is being used on doing illegal activities and not only usd but all of the currencies of the world since they do have value and can be traded off. Money is nearly everything when we are talking on purchasing things either legal or illegal.

[Vishnu.Reang]

A few days back, I read that more than 80% of the funding for the ISIS (in Syria and Iraq) is sourced in the form of US Dollar. Most of the remaining is in the form of other fiat currencies (Turkish Lira, Syrian Pound, Iraqi Dinar.etc) and gold. And even after all this, some people would like to claim that Bitcoin is being used for terrorist funding.

[Igebotz]

all money are being use on illegal activity not just US dollars .even gold trade for drugs and guns. and bitcoin and crypto currencies if this is use on illegal activity it is all most invisible . so i think this is hard to track down and use on money laundering so this is why they ban bitcoin in other county

[BaraxLo]

Of course it is used, but they prefer cash rather than through bank transfer. Through a bank transfer it is very easy to track, and a suitcase of cash is difficult to find.

Yes only a dumb can use banks for illegal purposes. All drug dealers and other criminals who are involved in smuggling, money laundry etc use to carry cash and the reason is very obvious and same that you have discussed. USD like other paper money is excessively used in illegal works.

[TexasHuck]

All fiat currencies are used for legal and illegal activities.  Same will be the case for crypto.  As for the US dollar, I am not certain it is the world power it once was.  US is bankrupt.

[Farma]

All fiat currencies are used for legal and illegal activities.  Same will be the case for crypto.  As for the US dollar, I am not certain it is the world power it once was.  US is bankrupt.

true, it's just been done covertly so as not to get caught by the public. But, still so many are caught for using money illegally in their respective countries. Well, that's a bad behavior to follow.

[justspare]

All fiat currencies are used for legal and illegal activities.  Same will be the case for crypto.  As for the US dollar, I am not certain it is the world power it once was.  US is bankrupt.

true, it's just been done covertly so as not to get caught by the public. But, still so many are caught for using money illegally in their respective countries. Well, that's a bad behavior to follow.

Bad but inevitable for many! Many people are using illegal methods for making more money and to start these businesses, definitely they make investments. USD is nothing different than any other currency. They are used secretly for illegal purposes like smuggling, human trafficking etc.

[Hatuferu]

All fiat currencies are used for legal and illegal activities.  Same will be the case for crypto.  As for the US dollar, I am not certain it is the world power it once was.  US is bankrupt.

true, it's just been done covertly so as not to get caught by the public. But, still so many are caught for using money illegally in their respective countries. Well, that's a bad behavior to follow.

Bad but inevitable for many! Many people are using illegal methods for making more money and to start these businesses, definitely they make investments. USD is nothing different than any other currency. They are used secretly for illegal purposes like smuggling, human trafficking etc.

It's not the tool but on the people who are using it, with the people who have bad interest they will use USD because it has a value.A
Any currency that has a value can be used for illegal activities and even bitcoin or crypto currencies which is hard to trace.

[covfefe_]

All fiat currencies are used for legal and illegal activities.  Same will be the case for crypto.  As for the US dollar, I am not certain it is the world power it once was.  US is bankrupt.

true, it's just been done covertly so as not to get caught by the public. But, still so many are caught for using money illegally in their respective countries. Well, that's a bad behavior to follow.

Bad but inevitable for many! Many people are using illegal methods for making more money and to start these businesses, definitely they make investments. USD is nothing different than any other currency. They are used secretly for illegal purposes like smuggling, human trafficking etc.

It's not the tool but on the people who are using it, with the people who have bad interest they will use USD because it has a value.A
Any currency that has a value can be used for illegal activities and even bitcoin or crypto currencies which is hard to trace.

Every currency and commodity are used illegally. But unlike commodity and tokens (cryptos) fiat has a higher chance of being tracked.
An eg. can be recent note ban in India. But they can't ban gold or bitcoin.

[jamids]

All fiat currencies are used for legal and illegal activities.  Same will be the case for crypto.  As for the US dollar, I am not certain it is the world power it once was.  US is bankrupt.

Whatever the currency is as long as it can be used to buy and sell then it can be used for legal or illegal activities. People will always find a way to earn may it be legal or illegal and whatever type or mode of exchange like fiat, crypto or even precious metals as payment as long as they can exchange it to something they can use for transactions. USD has been a global currency that's why it is mostly used but then any currency will do as well.