Criminality and Bitcoin

[Kumarodus]

Criminal usage of Bitcoin is very minimal, and I like the way the US authorities is cracking down on the dark net

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[Sonin1944]

Bitcoin is arguably a novelty that is why regulation enforcement towards crime involving bitcoin has not acquired much focus. So, the criminals can even now check out it. But I'm certain, quicker or later, as the number of crimes involving bitcoin increases, of system lawmakers will take motion by applying new rules to ensnare the criminals.

[carlisle1]

Criminal usage of Bitcoin is very minimal, and I like the way the US authorities is cracking down on the dark net

how sure you are that bitcoin is just use in minimal criminalities? as we knew that even hackers and terrorist already exist inside the crypto industry
just look how the ransom ware make such an impact with those big companies? though we are not happy with that but its been really use in both
good and bad practices.

[yorklab]

This may have some effect on the market today:

https://hothardware.com/news/equifax-hackers-demand-bitcoin-ransom

[hridoyb]

I am not sure about this.i am heard some days ago some hacker destroy windows system and want to 3 btc for solve this problem.Bitcoin not ideanty any people  o many people use for criminal transaction for using bitcoin.Bitcoin is now most valuable coin in cryptopia currency.so every one know this.If any one doing transaction for crime used bitcoin its is not fault for bitcoin.Bitcoin is easy and securied transaction in blockchain technology.So I think bitcoin try to proper step who use bitcoin for tnere bad purpose.

[Btcvilla]

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 criminality already existed before technology existed.
every aspect has the potential to become a crime whether or not from the real world or the digital world.
as you are talking about. I agree with you, but basically the evil is there as long as humans also exist.

[fearcoka]

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.

Although Bitcoin and criminality are difference, but the road become to criminals in Bitcoin very short. You can try download some software have malware or keylogs and save your private key wallet Bitcoin or data account exchange, bitcointalk ... have value, important, in someday, all things of you will loss all by hacker

[rickadone]

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

I will not deny your statement. It is indeed correct. Criminality is as old as humans being are in this world. The first crime was a murder executed by Cain. Likewise, cyber world is also full of crimes. As far as we exist in this world, crime will also exist. Bitcoins provide anonymity which is embezzled by bad people.

[Naughtis]

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.

For me other people used bitcoin to make crime just like the site that only few knows deepweb and darkweb are the site that bitcoin used to buy things. Illegal firearms, illegal traffickings and illegal drugs. Not only that. There's more happens that using bitcoin in their crime activities

[2taps]

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

I agree, a friend of mine was talking with a criminal on the web like a year ago. He was trying to scam him. He failed and then tried to hack him.
but my friend knew what to do so he failed again. for my friend it was a funny experience. i thought it was terrifying.

[Sir Legend]

This is the bitcoin weakness side, everyone is free to use bitcoin, in just 15 minutes we can use wallet and free receive and send money in bitcoin form. this goes back to the policies of each country.

[lvincent]

It's true Bitcoin can be used in criminal activities but it's normal that technology has a darkside like the internet it can be used in criminal activities too. In the bright side i saw an article that there is a building in dubai that was being built right now and the money that they use is cryptocurrency so don't think about negative things too much try to appreciate positive things too...
Although both of them has a great impact in cryptocurrency Let's just wait and see what's gonna happen next..

[Tyrantt]

Calling DDoS attackers hackers is wrong. This has just been discovered and more actively investigated just because bitcoin has gained on popularity, otherwise they'd not link them to the bitcoin at all.

[Zemangat]

I do not think criminality is due to bitcoin. it depends on people who use bitcoin as a way to commit criminality. Many public misconceptions about the many uses of Bitcoin by criminals, but the thought is wrong thinking. This thinking is caused by the many people who think that Bitcoin is anonymous, people think bitcoin is the source of the criminal act. paper money can also be used for criminal acts, such as buying forbidden goods ... or using it to hire criminals. bitcoin is not used for it.

[Xester]

I do not think criminality is due to bitcoin. it depends on people who use bitcoin as a way to commit criminality. Many public misconceptions about the many uses of Bitcoin by criminals, but the thought is wrong thinking. This thinking is caused by the many people who think that Bitcoin is anonymous, people think bitcoin is the source of the criminal act. paper money can also be used for criminal acts, such as buying forbidden goods ... or using it to hire criminals. bitcoin is not used for it.

Exactly.  People who are bad or let say criminals will do every possible way to earn and execute their criminal ideas.  Just like you said even paper money can be ised by them.  Actually that was their tool for a long time. Maybe they are using bitcoin right now as it is more efficient to do that hides their identity.  And even makes transactions hassle free.

[Dfinest]

Criminal activites linked with Bitcoin is one thing, criminality itself is an another. I doubt that the existence of Bitcoin plays a role in increasing criminality or it increases criminality, but even if it is, with our without Bitcoin, criminals will always find a way to do...crime.

[Bitcoininvestment]

Yes,bitcoin maybe one of the currency that a criminal uses.But lets not change the fact that cash are also used when it comes to doing crimes and it may be the leading kind of currency that is used in different criminal acts.

[ValVikram]

it is obvious that bitcoin will be used for criminal cases. This can not be avoided because bitcoin guarantees anonymity.

[Succurs]

Bitcoin is the identical as a drug, when a bitcoin person makes use of it properly, then bitcoin will continue to be good. Likewise when used in damaging, bitcoin will be bad. This kind of as cash laundering, payment of criminal offense services and a lot of other point

[TravisNeko]

A lot of criminality involves with bitcoin because bitcoin is something that the government is not doing anything with.
So it is not so hard to like scam someone.