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Author Topic: Criminality and Bitcoin  (Read 31296 times)
8Habits
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September 07, 2017, 09:57:05 AM
 #521

These are all attempts by the government to blame bitcoin. They have already started a smear campaign of bitcoin. In fact the government is stealing perfectly Fiat and in my eyes they are greater criminals than those who uses for illegal transactions bitcoin.

the government will and can create unlimited fiat money and with that act, it creates inflation - it is where the value of your money is getting low compared to the original value you obtained it. This is why bitcoin was created and there is a sort of rebellion from this regulations and offers a freedom to spend your bitcoin without necessarily noting your identity
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September 07, 2017, 10:34:14 AM
 #522

I don't think bitcoin alone has done anything to increase criminality. What has caused an increase in organized crime is IT. Internet allows us to communicate as never before, and by communicating, criminals can talk, organize and buy&sell over the internet. Bitcoin is simply a tool that happened to be used by some criminals, that doesn't mean bitcoin is causing more criminality. Without bitcoin, criminals would probably find another way to make exchange.

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September 08, 2017, 02:41:13 AM
 #523

The thing that truly strikes the temptation button in the mind of a criminal is the idea that they can be hidden in cryptography, safely veiled (they feel) from law enforcement and so forth.  So it isn't truly BITCOIN making criminal offense, it really is just than criminal - minded men and women like to disguise.  
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September 08, 2017, 03:10:44 AM
 #524

These are all attempts by the government to blame bitcoin. They have already started a smear campaign of bitcoin. In fact the government is stealing perfectly Fiat and in my eyes they are greater criminals than those who uses for illegal transactions bitcoin.
Actually the bitcoin transaction is recorded and transparent( publicly viewable ) so it can prevent someone to do criminal activity. Good country such as Japan,USA and Denmark are accept bitcoin. If I am positive thinking, probably the countries which not accept bitcoin is because they afraid about the volatility of bitcoin.

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September 08, 2017, 03:11:00 AM
 #525

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 own opinion i beleive that there's some people that used bitcoin for bad things or for criminality like in the cyberworlds, there are many criminals in other site that they do what you say when you give a bitcoin but i doubt that all people do this, there's few only who do this thing when i reaf article about bitcoin there are some cases. But i doubt that there's a high percent in criminality that used bitcoin
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September 08, 2017, 03:26:01 AM
 #526

All criminals are took any currency for there criminality.So
It does not make any sense to blame Bitcoin.At present Bitcoin transaction is very big.But how many bitcoin criminals transactions, it's no way to understand.
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September 08, 2017, 03:47:49 AM
 #527

You have to remember that many people also use dollars, euros, pounds, etc. for malicious purposes....the problem is not with the currency, is with the criminals and people who use it for the wrong things... they will find ways to do it, no matter which currency is offered.

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September 08, 2017, 04:02:31 AM
 #528

Terrorist activities have happened before the creation of bitcoin.
This is true that It is now easier to make payments through bitcoin.
If people want they can use it for well moreover they Can also use it for bad purposes too.

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September 08, 2017, 04:14:22 AM
 #529

well dude, some people use advantage of bitcoin to do crime or any illegal activities.
bitcoin is anonymous currency which everyone can use it without submit real identity. so they (peoples in crime) think it's an opportunity to hide their crime.

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September 08, 2017, 04:14:51 AM
 #530

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.

Of course bitcoin can increased the number of ongoing criminal stuff in countries. Because , Bitcoin transaction and trading cannot be traced properly . For that reason, Terrorist organisations and other criminal must use bitcoin for their horrible actions. According to me, Bitcoin transaction must be controled by legal forces for the sake of innocent people.

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September 08, 2017, 04:17:11 AM
 #531

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.
I think it depends on which country you belong. In Europ and Uk they are so advance there and many people are really knowledgeable there about computer and gadgets, they can easily do cybercrimes like hacking because they have a lot of knowledge and they are advance. Unlike here in the Philippines many people are ignorant and lack of skills and knowledge about computer thats why Philippines are not good on cybercrimes. Bitcoin here make criminality lesser because bitcoin here gives job and business.
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September 09, 2017, 02:36:01 AM
 #532

Since bitcoin borned and raised some sucess authorities used bitcoin to say all criminals and bad things just happen at bitcoin due to be pseudo anonymous protecting the buyer and the seller. Its funny fiat does have the same problems and till today they arent able to stop neither control the big traffic over the world using fiat, but the only one bad is bitcoin because is new isnt supported by the most countries. Sure recently some hackers had focus into cyber attacks and asking bitcoin as payment but before they do the same attacks and ask for fiat, for me nothing changed but banks and politician wanna to make bitcoin to be the only bad currencie.
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September 09, 2017, 02:43:09 AM
 #533

The article isn't saying that Bitcoin is increasing criminality though. It's saying that Bitcoin is playing an increased role in criminality.

That being said, I don't think Bitcoin is to blame for any rise in cybercrime. It plays a factor, providing an easier form of payment collection, but even if it didn't exist, criminals will find a way as they always do. It is kind of sad that Bitcoins is associated with crime though.

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September 09, 2017, 02:55:19 AM
 #534

The article isn't saying that Bitcoin is increasing criminality though. It's saying that Bitcoin is playing an increased role in criminality.

That being said, I don't think Bitcoin is to blame for any rise in cybercrime. It plays a factor, providing an easier form of payment collection, but even if it didn't exist, criminals will find a way as they always do. It is kind of sad that Bitcoins is associated with crime though.

It is sad indeed. But considering the fact that almost all kinds of things are actually associated with crime one way or the other, there is no necessary labeling of what is really a tool for crime. Bitcoin is the same with all fiat currencies around the globe. Criminals choose what they are comfortable using. It so happened that some of them prefer bitcoins.

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September 09, 2017, 03:39:09 AM
 #535

According to irrelevant linking criminality with bitcoin, before there is bitcoin of course transaction crime has also been rife. many people are saving money to safer and tax-free foreign banks.

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September 09, 2017, 03:17:45 PM
 #536

Bitcoin can help many people. One of the main reason for criminality is money. Even the bitcoin involves money it is not the source of criminality because criminality is from the greed of people. People can earn from bitcoin that needs hard work but because of greedy people and who want to get rich instant then they can do wrong and criminality can happen.
I think these are the two things, because bitcoin is a secure source of money, and the people with criminal mind may be never stole a currency which has no physical existence. Criminal people mostly want cash and go away, but here is not the case of their choice. It will be very difficult for criminals to steal someone bitcoin wallet. So I think bitcoin and criminality are the two different things.
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September 10, 2017, 07:46:15 AM
 #537

Bitcoin can help many people. One of the main reason for criminality is money. Even the bitcoin involves money it is not the source of criminality because criminality is from the greed of people. People can earn from bitcoin that needs hard work but because of greedy people and who want to get rich instant then they can do wrong and criminality can happen.
I think these are the two things, because bitcoin is a secure source of money, and the people with criminal mind may be never stole a currency which has no physical existence. Criminal people mostly want cash and go away, but here is not the case of their choice. It will be very difficult for criminals to steal someone bitcoin wallet. So I think bitcoin and criminality are the two different things.

It is safe unless you give away your bitcoins to criminals. But on the other hand and on the other view - criminals will going to steal any bitcoins but will going to use it to pay and received bitcoins in exchange for their criminal transactions and criminal proliferation.
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September 10, 2017, 07:55:28 AM
 #538

actually, before the existence of bitcoin, criminality in the virtual world is already very much happening, but with the bitcoin is increasingly becoming a big chance for criminals to act, examples of the biggest things such as drug trafficking, weapons, women, and children. but not only that, people like state officials or other wealthy people can use bitcoin as a money laundering place

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September 10, 2017, 11:09:52 AM
 #539

actually, before the existence of bitcoin, criminality in the virtual world is already very much happening, but with the bitcoin is increasingly becoming a big chance for criminals to act, examples of the biggest things such as drug trafficking, weapons, women, and children. but not only that, people like state officials or other wealthy people can use bitcoin as a money laundering place

Criminals will always have many ways to get through all of their transactions - whether that would be with bitcoin, other altcoins, and fiat money. They are wise and even without bitcoins or not, the transactions will still go on. We should not then focus on the negative side but on the positive side of bitcoin that helps many people using it.
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September 10, 2017, 12:01:50 PM
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actually, before the existence of bitcoin, criminality in the virtual world is already very much happening, but with the bitcoin is increasingly becoming a big chance for criminals to act, examples of the biggest things such as drug trafficking, weapons, women, and children. but not only that, people like state officials or other wealthy people can use bitcoin as a money laundering place

Criminals will always have many ways to get through all of their transactions - whether that would be with bitcoin, other altcoins, and fiat money. They are wise and even without bitcoins or not, the transactions will still go on. We should not then focus on the negative side but on the positive side of bitcoin that helps many people using it.
Yeah, criminals have a lot of ways but most of the ways are not so safe with them, however, since the bitcoin came out, all transactions of crime took place more safely and never fear of being detected by police. Bitcoin is actually a good tool to help criminals make their offenses easier but I can not deny the impact of bitcoin on us, it gives us a better economic source, we should be grateful it. Everything has two good and bad sides to help society balance, we need to accept that

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