mk4
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June 01, 2017, 03:31:12 AM |
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Bitcoin isnt the cause of criminality and crime.
At the same time, bitcoin does give cybercriminals a way of receiving money alot more anonymously.
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Juggy777
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June 01, 2017, 06:49:27 AM |
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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. Stupid people linking Bitcoin to crime is absurd. Do they mean to say crime was not being conducted before Bitcoin? Of course it was and this is just a plain excuse from their part as they are not efficient to do work. And I feel banks and all are promoting this, as they yet fear Bitcoins which is a sad reality, but I do not think that bitcoin name shall suffer because of this. They will fall flat and Bitcoin shall stand strong as usual.
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DoublerHunter
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June 01, 2017, 08:05:36 AM |
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Bitcoin isnt the cause of criminality and crime.
At the same time, bitcoin does give cybercriminals a way of receiving money alot more anonymously.
Yeah bitcoin is not ta cause of criminality but it has a feature that can be abused by the criminals which makes bitcoin prone to illegal activities like being anonymous when you use it so those not knowledgeable people for bitcoin will treat bitcoin as a illegal stuff because it was used to it and that is why a lot of people thinks bitcoin is the cause of most criminal activities.
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oktana
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June 01, 2017, 08:08:34 AM |
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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. Stupid people linking Bitcoin to crime is absurd. Do they mean to say crime was not being conducted before Bitcoin? Of course it was and this is just a plain excuse from their part as they are not efficient to do work. And I feel banks and all are promoting this, as they yet fear Bitcoins which is a sad reality, but I do not think that bitcoin name shall suffer because of this. They will fall flat and Bitcoin shall stand strong as usual. The topic is talking about bitcoin media being used as a means of crime that the government can not supervise, they are already hassle with the criminality of fiat abuse and they are not able to control the economy of cryptocurrency, so that this gap is exploited by negative business. If talking about media, indirectly Bitcoin does provide large numbers for negative and criminal activity.
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ASHLIUSZ
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June 01, 2017, 08:12:28 AM |
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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. Stupid people linking Bitcoin to crime is absurd. Do they mean to say crime was not being conducted before Bitcoin? Of course it was and this is just a plain excuse from their part as they are not efficient to do work. And I feel banks and all are promoting this, as they yet fear Bitcoins which is a sad reality, but I do not think that bitcoin name shall suffer because of this. They will fall flat and Bitcoin shall stand strong as usual. The topic is talking about bitcoin media being used as a means of crime that the government can not supervise, they are already hassle with the criminality of fiat abuse and they are not able to control the economy of cryptocurrency, so that this gap is exploited by negative business. If talking about media, indirectly Bitcoin does provide large numbers for negative and criminal activity. Not the gap. In the early days bitcoin was more popular due to the anonymous usage and eventually got into black market and the gambling industry. Once after people started to realize it's value the view on bitcoin got changed giving it consideration as an potential storage token and as investment. So negative form always gets continued, we need to try making it overcome by the positive factors.
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freeyourmind
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June 01, 2017, 08:34:11 PM |
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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. Let's split crime into two categories. Crimes that have a victim and victimless crimes. Victimless crimes would include things like drug purchases and sales or gambling/betting where illegal. These things were being done long before bitcoin was around and there's no victim, so it's just a "crime" as a result of a pathetic policy. After all, "The only danger of smoking weed is that you might end up in jail". Perhaps it does increase the ease in acquiring drugs or gambling if it's not readily available locally. For actual crimes, with a victim, where someone is caused harm...I don't think there would be an increase with Bitcoin.
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ModGirl
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June 01, 2017, 09:17:16 PM |
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Yes, I believe in that, a lot of criminality is done with bitcoin, because it's easy for the actors to make bitcoin wallets, I read a lot of news about sending funds with bitcoin, and they are hard to track.
You are a new to this coin that is why you also do not know that when a person buy bitcoin then he go to any exchange for buying bitcoin and on that exchange he provide his identity by sending their real documents to the exchange so with that point it is easy to trace the bitcoin user so it is not easy for them to use bitcoin for criminals.
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FLoving
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June 01, 2017, 09:20:03 PM |
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Yes, I believe in that, a lot of criminality is done with bitcoin, because it's easy for the actors to make bitcoin wallets, I read a lot of news about sending funds with bitcoin, and they are hard to track.
You are a new to this coin that is why you also do not know that when a person buy bitcoin then he go to any exchange for buying bitcoin and on that exchange he provide his identity by sending their real documents to the exchange so with that point it is easy to trace the bitcoin user so it is not easy for them to use bitcoin for criminals. I also agree with you on that point that is now implemented on most of the exchanges and so the users of bitcoin are using bitcoin only for good deeds they are earning a good profit from their bitcoin and so they do not need to do any criminality with bitcoin.
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Chin Cheng
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June 01, 2017, 09:51:35 PM |
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I also agree with you on that point that is now implemented on most of the exchanges and so the users of bitcoin are using bitcoin only for good deeds they are earning a good profit from their bitcoin and so they do not need to do any criminality with bitcoin.
To be frank who really cares if the coins are used for good deeds or bad ones,i am not going to judge anyone by their actions but if someone is breaking the law they have to be punished if they are using fiat or alt coins or bitcoin,other than that if someone says that a new breed of criminals are born because of bitcoin,i really cannot digest that because they were there well before the existence of bitcoin and what ever it may be they will keep on evolving.
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lemonade09
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June 01, 2017, 10:28:50 PM |
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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.
I guess it is just because bitcoin bitcoin is anonymous but not really but we know that we can make transactions of money using bitcoin easily without being detected thats why it is so bitcoin is being use in criminality today and many illegal transaction in all over the globe.
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radamiel
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June 01, 2017, 10:45:34 PM |
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I still remember the first time I heard bitcoin was money used for drug deals, I've also seen movies that use bitcoin for drug deals, and I've never seen a movie that uses bitcoin in addition to illegal transactions. Anyone who saw the film must have thought that bitcoin is so close to criminality. But the assumption is only for people who are new to bitcoin, if we dig deeper into the many benefits of using bitcoin
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hatshepsut93
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June 02, 2017, 01:18:39 AM |
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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. Correlation does not mean causation. If criminals are using Bitcoin and crime rates are growing, it still doesn't mean that Bitcoin is the reason for it, sure it's quite convenient because of anonymity and decentralization, but if Bitcoin wasn't introduced, they would just use some other payment method, cybercrimes appeared together with the beggining of the Internet, so Bitcoin is not inherently evil.
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wxa7115
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June 02, 2017, 01:22:46 AM |
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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. That is completely false, bitcoin is not creating new criminals, what it is happening is that old criminals are adapting the way they work and some are choosing to adopt bitcoin so they can commit their crimes and try to get away with it, nothing more.
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easynote
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June 02, 2017, 01:38:14 AM |
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I think criminality can happen not only using bitcoin but also other other currency. Like two sides of a coin.
It is the same with any other currency, the media is just trying to get people not to get involved with Bitcoin because they know that people will either get rich or they are scared that the people will start a digital currency revolution. USD has a bunch of criminals using it though they aren’t trying to ban it by any means.
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iqlimasyadiqa
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June 02, 2017, 01:50:35 AM |
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The fact is that the increase in crime rates is increasing. They use bitcoin as a transactional tool difficult to trace by the police. So they feel comfortable to increase their criminal acts.
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Doms
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June 02, 2017, 02:00:12 AM |
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I bet the actual number of illegal activities that use bitcoin is but a small fraction compared to illegal acts done with our fiat currency. If it comes to a point that these activities are alarming to our government, then they have the option to either ban it or regulate its usage to a certain degree. However right now, the small number of these criminal activities is outweighed and outnumbered by legal transactions that help businesses and individuals alike.
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bajing
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The most Professional Cryptocurrency Casino
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June 02, 2017, 02:09:05 AM |
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Until now only the hackers who make bitcoin people are widely used for criminal offenses and for a drug deally only a little are proven use bitcoin and the horrible rumour which is spread by many countries if bitcoin can be used for money laundering so far not been proven.
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Wipro
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June 02, 2017, 02:24:00 AM |
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The fact is that the increase in crime rates is increasing. They use bitcoin as a transactional tool difficult to trace by the police. So they feel comfortable to increase their criminal acts.
Which criminal gang is using bitcoin, I don't think they are using bitcoin. Most of the terrorists who found in Asian and European region, using USD for the black market transaction. Is there are visible evidence on bitcoin being used in these activities? If there please share it here.
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eann014
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June 02, 2017, 02:37:29 AM |
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There are a lot of criminals out there and scamming online in social Medias before we can have bitcoin. There are a lot of criminals out there in this world that they will not choose who will go to be their victims. Even if the person is not rich they will still scam people. So I don't think that you give criminals an option to think that they can use bitcoin. Or should I say how did you say that? Do you know someone that is criminal because of bitcoin?
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erickkyut
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June 02, 2017, 02:40:04 AM |
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Even without bitcoin, crime has been with the society since the beginning. It just that the criminals found a way for them to commit crimes more convenient by using bitcoin. They are using it as a mode of payments on their criminal services and by selling illegal things and bitcoin is their mode of payment.
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