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Author Topic: Criminality and Bitcoin  (Read 31296 times)
jikurpa
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December 06, 2017, 01:00:23 PM
 #1121

https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/

Would you believe that the existence of bitcoin has increased the number of criminality in  some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities.

This just shows that as bitcoin develops both advantages and disadvantages will tag along.
in my opinion not only bitcoin being made access or a means of crime and even any aspect there is always a side of crime in it, maybe the future bitcoin will have or apply rules that can reduce the number of crimes using bitcoin
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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thenameisjay
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December 06, 2017, 01:02:09 PM
 #1122

https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/

Would you believe that the existence of bitcoin has increased the number of criminality in  some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities.

This just shows that as bitcoin develops both advantages and disadvantages will tag along.

Well it bitcoins actually made money laundering easier for criminals and the likes because of how much bitcoins cost and how untraceable are they to every who needs money transfers with a single tap of a finger. We just have to accept that the advantages of bitcoins can be abused too.

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8Habits
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December 08, 2017, 01:39:39 AM
 #1123

https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/

Would you believe that the existence of bitcoin has increased the number of criminality in  some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities.

This just shows that as bitcoin develops both advantages and disadvantages will tag along.

Well it bitcoins actually made money laundering easier for criminals and the likes because of how much bitcoins cost and how untraceable are they to every who needs money transfers with a single tap of a finger. We just have to accept that the advantages of bitcoins can be abused too.

It can and it will always be. Criminals are finding the most convenient way to transact their illegal activities and if bitcoins or any other altcoins for that matter cater that needs, they will not hesitate to use it - it is now up to our enforcers to catch them.
datodota002
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December 08, 2017, 01:51:40 AM
 #1124

I think we should not concern the bitcoin with crime, because without any bitcoin criminality remains high. it all depends on the user bitcoinnya own, just as with money, gold and others
strawberrygirl
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December 08, 2017, 07:54:02 AM
 #1125

What you said is true. It is a merit of bit coin and a disadvantage. For that part, we think we can make up for it in the future.
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December 08, 2017, 08:27:52 AM
 #1126


I think that bit coin can be exploited for crime. It is not yet too much time for the bit coin to be published and there is no regulation, so be careful.
CowboyKiller
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December 08, 2017, 06:12:07 PM
 #1127

https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/

Would you believe that the existence of bitcoin has increased the number of criminality in  some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities.

This just shows that as bitcoin develops both advantages and disadvantages will tag along.

Well it bitcoins actually made money laundering easier for criminals and the likes because of how much bitcoins cost and how untraceable are they to every who needs money transfers with a single tap of a finger. We just have to accept that the advantages of bitcoins can be abused too.
Bitcoin was abused by the criminal and the people from underground world. They had used it as the primary currency in a time, but currently, they give up it. Bitcoin is not the good coin for criminal transaction at current. Its value made the government spend more attention in this currency.
8Habits
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December 11, 2017, 10:45:07 PM
 #1128

https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/

Would you believe that the existence of bitcoin has increased the number of criminality in  some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities.

This just shows that as bitcoin develops both advantages and disadvantages will tag along.

Well it bitcoins actually made money laundering easier for criminals and the likes because of how much bitcoins cost and how untraceable are they to every who needs money transfers with a single tap of a finger. We just have to accept that the advantages of bitcoins can be abused too.
Bitcoin was abused by the criminal and the people from underground world. They had used it as the primary currency in a time, but currently, they give up it. Bitcoin is not the good coin for criminal transaction at current. Its value made the government spend more attention in this currency.

For me, criminal doesn't really matter as to what currency to use - fiat or cryptocurrency, as long as they will be able to use it as a form of payment and that is it. When they can use bitcoin, they can and that is the same as with fiat money.
Mr.Anonymous
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December 12, 2017, 11:05:06 PM
 #1129

https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/

Would you believe that the existence of bitcoin has increased the number of criminality in  some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities.

This just shows that as bitcoin develops both advantages and disadvantages will tag along.

Well it bitcoins actually made money laundering easier for criminals and the likes because of how much bitcoins cost and how untraceable are they to every who needs money transfers with a single tap of a finger. We just have to accept that the advantages of bitcoins can be abused too.
Bitcoin was abused by the criminal and the people from underground world. They had used it as the primary currency in a time, but currently, they give up it. Bitcoin is not the good coin for criminal transaction at current. Its value made the government spend more attention in this currency.

For me, criminal doesn't really matter as to what currency to use - fiat or cryptocurrency, as long as they will be able to use it as a form of payment and that is it. When they can use bitcoin, they can and that is the same as with fiat money.
Honestly, in the past we had many hackers used for crime. But nowadays, some people proved Bitcoin is worse than other anonymous Altcoin. You can see Monero, almost the transaction through Monero can not track data information of user, not like Bitcoin, you can do that by some methods.
iqlimasyadiqa
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December 12, 2017, 11:09:48 PM
 #1130

I think we should not concern the bitcoin with crime, because without any bitcoin criminality remains high. it all depends on the user bitcoinnya own, just as with money, gold and others
Yes it can be said to be the right thing. But I think that criminality can make the development of Bitcoin become unbearable, probably will be many people who consider Bitcoin as a risky thing. Illegal use of Bitcoin can worsen Bitcoin's image in the world, even the government may take harsh action on this incident.
sathvik112
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December 12, 2017, 11:12:24 PM
 #1131

Bitcoin is a mode like other currency. Criminals or hackers may use it temporary but it is not criminality and bitcoin. In some countries it is banned because there criminals started bitcoin for hacking, purchasing drugs etc these ways of criminals made everyone letting into a negative sign of disgusting. We can't say bitcoin is bad instead we can fel criminal activities are bad.
crustycrab666
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December 12, 2017, 11:12:58 PM
 #1132

https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/

Would you believe that the existence of bitcoin has increased the number of criminality in  some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities.

This just shows that as bitcoin develops both advantages and disadvantages will tag along.
in my opinion not only bitcoin being made access or a means of crime and even any aspect there is always a side of crime in it, maybe the future bitcoin will have or apply rules that can reduce the number of crimes using bitcoin
yes, so it can be concluded that the important thing is people who use bitcoin. all things can be used as a crime tool if the one who uses it is a criminal. as the OP explains, there are advantages and disadvantages, depending on where we judge it.

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Wilfrer
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December 12, 2017, 11:16:32 PM
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If Bitcoin becomes illegal in that country, almost anyone using it becomes a criminal. Besides the good side of Bitcoin, anyone can recognize the bad side that it brings. That is corruption, money laundering, tax evasion ... Although Bitcoin development brings a lot of advantages for the country and citizens, but it also increased the crime rate used it. .

ekans45
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December 12, 2017, 11:36:43 PM
 #1134

Criminal activities have been linked with any currency for eons, before money like seashells, farmers were exploited for livestock, after that seashells, than came paper money, gold, jewelry  , and the likes of it.

Just because bitcoin or cryptos are used for illegal activities is not proof or proper statistics that bitcoin is the reason for more crimes in the world.
Bitcoin is in the form of crypto-currency which it could be used by people anonymously, so we cannot hide the fact that for other people the main purpose of them is to used Bitcoin in illegal matters. But the fact that bitcoin is linked to illegal things we could also assure that its system us proven fast and functional in the sense that it could be used in full depth transaction. But we don't need to used Bitcoin in illegal point just to earn becasue there is a lot of thing that we could earn with the used of Bitcoin.
lazaruseffect11
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December 13, 2017, 12:12:31 AM
 #1135

https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/

Would you believe that the existence of bitcoin has increased the number of criminality in  some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities.

This just shows that as bitcoin develops both advantages and disadvantages will tag along.
It is true that bitcoin can be used to some illegal activities that causes the criminality of a certain country to increase thats why some of the governments in some countries in the world already banned bitcoin in their place. Bitcoin can be used to buy illegal guns, drugs, hiring a hitman and many more illegal things in the internet. That is one of many disadvantages of bitcoin and the reason why some people are against it.
ys fs
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December 13, 2017, 05:50:40 AM
 #1136

in my opinion, it's a natural thing, because the value of bitcoin is very high, therefore criminality occurs in bitcoin, such as hackers who try to hack bitcoin sites and want high income and instantly, so secure your bitcoin account  Shocked
gakadem
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December 13, 2017, 08:04:31 AM
 #1137

not because an irresponsible party who misuses bitcoin for criminal purposes then considers bitcoin to cause a new crime mode, criminals always have their own way, before any bitcoin crime already exists, but I am not sure if bitcoin causes crime rates in a country that uses bitcoin services are increasing

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December 13, 2017, 08:08:52 AM
 #1138

https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/

Would you believe that the existence of bitcoin has increased the number of criminality in  some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities.

This just shows that as bitcoin develops both advantages and disadvantages will tag along.
in some matters yes it will increases but in the otherway  around
some of the criminals will used their own wallet to transfer bitcoin to their wallet but in some case it can be traceable
the existence of bitcoin + having the huge value will really increases the criminality  of an area in the coming future

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boddy.dy
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December 13, 2017, 09:40:04 AM
 #1139

Criminality is always linked in all business or investments that are growing fast. We all know that Bitcoin nowadays is growing fast, its value is going higher and higher. In this status of Bitcoin, some people think that it is a sort of scam or fraud, that it is criminality. We all know that they are all wrong, they just need to be enlighten about bitcoin. But if the reason why they linked bitcoin to criminality is jealousy, we can’t do anything with it. There are people who are always jealous with someone or something they don’t have or they can’t have.
BarbieCasino
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December 13, 2017, 07:41:08 PM
 #1140

in my opinion, it's a natural thing, because the value of bitcoin is very high, therefore criminality occurs in bitcoin, such as hackers who try to hack bitcoin sites and want high income and instantly, so secure your bitcoin account  Shocked
Yeah it has high value and it will remain same even if the criminality will come into it. Bitcoin is an amorous currency and everyone can use bitcoin at the same time, there is nothing like only special people can use bitcoin. a lot of good things are happening in the world because of bitcoin so if some criminals will use bitcoin even then the value and price of bitcoin will not get affected.

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