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Author Topic: Is USD being used for illegal activities?  (Read 20114 times)
newbie-hero
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April 12, 2018, 10:10:35 AM
 #601

Euro is more suitable than USD for illegal activities. Since there are 500euro papers which hold a lotmore value than 100$. To answer your question, of course it is being used for illegal activities. It doesn't make USD guilty. USD is the most common currency around the world, thw most liquid... That's why terrorists choose USD over everything else.

However, the dollar still remains the main currency that is used for illegal activity. Some people say that the crypto is the perfect money for criminals, but it is not true.
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April 12, 2018, 10:21:12 AM
 #602

The vast majority of the funding for various terrorist organizations such as the Islamic State and the Al Nusra Front are sourced in the form of the United States Dollar.
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April 12, 2018, 10:33:21 AM
 #603

Any currency can be used for illegal activities. But I think cryptocurrencies can be used for this more often.
nur rochid
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April 14, 2018, 07:49:41 AM
 #604

Usd is used as funding for illegal activities, it applies to every currency in circulation right now, in fact we only see the USD currency most often used for the activity , perhaps because this currency has a large enough value and the effect is large enough, so not a few of the group groups that use it for illegal acts, the currency misuse depends on how a person uses it, we only have to use it wisely
i think it can be seen from purpose of its use, because i think it is global currency used as basis of other currencies, so more flexible when used for transactions between countries, it is used by people who are not responsible
Portia12
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April 14, 2018, 08:47:03 AM
 #605

Not just USD but all of the currency that they could use is being used by the terrorist so basically everything that have a value is being used for illegal activities,
There is nothing new to this, Even Bitcoin when it was introduce they used it in some illegal activities like buying some illegal drugs or guns.

GregoryPorter
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April 14, 2018, 08:59:37 AM
 #606

99.999999% of all crime is committed using fiat! It's the biggest misconception in cryptocurrency that it's primary use is for illicit purposes
goldcoinminer
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April 14, 2018, 09:02:23 AM
 #607

Usd is used as funding for illegal activities, it applies to every currency in circulation right now, in fact we only see the USD currency most often used for the activity , perhaps because this currency has a large enough value and the effect is large enough, so not a few of the group groups that use it for illegal acts, the currency misuse depends on how a person uses it, we only have to use it wisely
i think it can be seen from purpose of its use, because i think it is global currency used as basis of other currencies, so more flexible when used for transactions between countries, it is used by people who are not responsible
The possibility is already given, since bitcoin has a value and it's money, therefore it can be use in any transaction.
But, its more easy to track using bitcoin so people who are doing like this illegal transaction can easily be caught, now the government is more focus on regulating the crypto.
Captainfalkar
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April 14, 2018, 09:18:01 AM
 #608

If people can use something as freely available to the best of my knowledge as water for illegal activities, why cant they now use a Fiat that can get them whatever they wanted for illegal means.

When it comes to illegal activities when someone is criminal minded, its not about the USD anything whatsoever will be used to achieved his objective even soap.

So, using dollars for that kind of person will make the job easier
AntonGrishko
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April 14, 2018, 09:21:29 AM
 #609

All currencies are subject to be used in illegal activities like drug dealing, funding terrorism, illegal arms dealing etc. I believe its one of the most abused things in the world, existence of money creates more evil and greedy people but not all.
BitProCoin
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April 14, 2018, 09:24:33 AM
 #610

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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April 14, 2018, 09:35:07 AM
 #611

http://edition.cnn.com/2009/HEALTH/08/14/cocaine.traces.money/

90% of US dollar carry traces of cocaine...

USD is the best currency to pay for illegal activities. It is untraceable and totally anonymous. Even better than Monero Tongue

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