Criminality and Bitcoin

[freeyourmind]

Why they are only looking at the possibility of bitcoin being used for criminality or any related violence funding? Criminality acts are even existing bitcoin is not yet created. And they are only taking advantage bitcoin for it's anonymity so they found a way for supporting their criminality.

What do you mean "only" for bitcoin and criminal activity?

It is seen as a whole bunch of things, like a way of transferring money, making payments for purchases, store of value, investment, etc.

It's meant to provide an alternative to the traditional banking system, so if it's used for criminal activity, know that the criminal activity that has utilized Bitcoin is partly responsible for the increase in demand and price.

[batang_bitcoin]

Why they are only looking at the possibility of bitcoin being used for criminality or any related violence funding? Criminality acts are even existing bitcoin is not yet created. And they are only taking advantage bitcoin for it's anonymity so they found a way for supporting their criminality.

What do you mean "only" for bitcoin and criminal activity?

It is seen as a whole bunch of things, like a way of transferring money, making payments for purchases, store of value, investment, etc.

It's meant to provide an alternative to the traditional banking system, so if it's used for criminal activity, know that the criminal activity that has utilized Bitcoin is partly responsible for the increase in demand and price.

Read the OP and you will understand why I said "only". Let's say they are one of the reason to make the demand higher, but if they are using bitcoin for such filthy crimes, I'm not going to consider that as helpful to the economy. This is the disadvantage of bitcoin and almost everything has disadvantage when money is involved.

[wxa7115]

These comparisons always turn out to be apples to oranges. Crime is changing and bitcoin is part of that, but so is facebook, so is twitter, so is online banking. That is no reason to blame bitcoin and think the future must be stopped.
In the late 1930 the first powerful cars hit the roads in America and spawned a huge crime wave. Local police had no response to this technological advance. One could rob a bank, then race to the state or even county line and be untouchable. Some people called for a ban on cars. But of course eventually sane minds won out.

I never heard of that, it is very interesting, and to be honest it is nothing new, people have tried to ban technology they don’t understand or that they think is harmful for them, when Benz designed his motorcar it is reported it was considered a thing of the devil to have a car not powered by horses.

[Black Angel]

Without bitcoin then criminal already exists, don't blame the bitcoin because trade with bitcoin for illegal purposes of. I think it depends of the user's motives because without bitcoin criminal will always exist.

[Afnan_faizah]

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.

But bitcoin give us a lot of advantage of using it. It's also help the online business to grow faster. Bitcoin used for cybercriminals or not it is depend on the people. 

[youdacapt]

Without bitcoin then criminal already exists, don't blame the bitcoin because trade with bitcoin for illegal purposes of. I think it depends of the user's motives because without bitcoin criminal will always exist.

Laws are made to deal with cases of crime and disorder for all aspects of crime, in this case currency and media transactions are never wrong because the law only applies to perpetrators of crime.

If bitcoin is treated like a drug deal, it is obviously a mistake from the government, since bitcoin is a product of innovation from technological advancement, there is only one way for the state to address this problem of learning, adoption and legalization with official government regulations so that the law will be widely connected .

[YuginKadoya]

Without bitcoin then criminal already exists, don't blame the bitcoin because trade with bitcoin for illegal purposes of. I think it depends of the user's motives because without bitcoin criminal will always exist.

Laws are made to deal with cases of crime and disorder for all aspects of crime, in this case currency and media transactions are never wrong because the law only applies to perpetrators of crime.

If bitcoin is treated like a drug deal, it is obviously a mistake from the government, since bitcoin is a product of innovation from technological advancement, there is only one way for the state to address this problem of learning, adoption and legalization with official government regulations so that the law will be widely connected .

In these cases that is why some countries are banning bitcoin for good because of some criminal activities that getting idea from the technology of bitcoin, they can surely control the anonymity of bitcoin, we can surely say this is just normal because all of us can surely work out with bitcoin and use it on every users free will and just like fiat money bitcoin can surely be use in these cases, but I think not all transaction are just criminal base there is such as making their life change because of bitcoin. 

[TheGodFather]

There needs to be strict supervision to protect the bitcoin from crime, so the existence of a crime that uses bitcoin can result in the weakening of bitcoin.

We cannot prohibits them to what at whom they want to use it. What matters most is we expect that everyone is using bitcoin for good and not for bad. If bitcoin will be known for being a payment for a bad things it could not be good for its reputation. We encourage eveeybody that we need to use bitcoin for good , and for the betterment of our lives.

[freeyourmind]

Why they are only looking at the possibility of bitcoin being used for criminality or any related violence funding? Criminality acts are even existing bitcoin is not yet created. And they are only taking advantage bitcoin for it's anonymity so they found a way for supporting their criminality.

What do you mean "only" for bitcoin and criminal activity?

It is seen as a whole bunch of things, like a way of transferring money, making payments for purchases, store of value, investment, etc.

It's meant to provide an alternative to the traditional banking system, so if it's used for criminal activity, know that the criminal activity that has utilized Bitcoin is partly responsible for the increase in demand and price.

Read the OP and you will understand why I said "only". Let's say they are one of the reason to make the demand higher, but if they are using bitcoin for such filthy crimes, I'm not going to consider that as helpful to the economy. This is the disadvantage of bitcoin and almost everything has disadvantage when money is involved.

What do you consider to be helpful to the economy?  For the government to say what you should and should not do?  And everyone obeys what the government wants?  Government knows best?  People aren't supposed to serve the government.  Government is here to serve the people.  If you are harming someone else with criminal activity, in that there is a victim, of course that needs to be understood and minimized.  But Bitcoin doesn't really support too much of that type of crime.  It supports crime in the form of trading products or services that are simply prohibited by the government, but at the same time, have no victim.  Understanding that the government doesn't care at all about your life or health, tell me why these prohibitions or lack of freedom exists?

[PancherBitCoin]

Why they are only looking at the possibility of bitcoin being used for criminality or any related violence funding? Criminality acts are even existing bitcoin is not yet created. And they are only taking advantage bitcoin for it's anonymity so they found a way for supporting their criminality.

What do you mean "only" for bitcoin and criminal activity?

It is seen as a whole bunch of things, like a way of transferring money, making payments for purchases, store of value, investment, etc.

It's meant to provide an alternative to the traditional banking system, so if it's used for criminal activity, know that the criminal activity that has utilized Bitcoin is partly responsible for the increase in demand and price.

Read the OP and you will understand why I said "only". Let's say they are one of the reason to make the demand higher, but if they are using bitcoin for such filthy crimes, I'm not going to consider that as helpful to the economy. This is the disadvantage of bitcoin and almost everything has disadvantage when money is involved.

What do you consider to be helpful to the economy?  For the government to say what you should and should not do?  And everyone obeys what the government wants?  Government knows best?  People aren't supposed to serve the government.  Government is here to serve the people.  If you are harming someone else with criminal activity, in that there is a victim, of course that needs to be understood and minimized.  But Bitcoin doesn't really support too much of that type of crime.  It supports crime in the form of trading products or services that are simply prohibited by the government, but at the same time, have no victim.  Understanding that the government doesn't care at all about your life or health, tell me why these prohibitions or lack of freedom exists?

Here it is necessary to decide whether you want to live in a law-based state or not. The point is perhaps better to renounce any citizenship And thus you will save yourself from paying taxes. Therefore, you will use your Bitcoin at your discretion and not think about what someone will tell you to pay tax. But a stateless person loses some liberties as a citizen.

[Klausi]

Criminality will lesser if bitcoin is used worldwide, but online security of blockchain network should be strenghten due to were vulnerable of hackers attack online. So this situation of bitcoin is very anonymous but disadvantages also takes place over it and we cannot prevent that to happen in easy ways. Good thing about bitcoin money is, its not visible to human eye having thar bigger amount of money in you and unlike fiat cash you're vurnerable to be robbed, because it has physical appearance.

[Bunsomjelican]

I don't believed and doubt about it. That is depend on the bitcoin users of how they're gonna use whether for lega or
illegal purposes activity. Though it cannot be deny that bitcoin can be used for its criminality but as much as
possible let us not abuse it.

[Mbah Tyo]

I think these are two very different things and do not be equated, because later it can give a bad perception of bitcoin

[zoelhack]

Why there is a bitter criminality bitcoin what really happened. I think this is not the fault of bitcoin there may be bad guys using bitcoin. We already know all that bitcoin is the currency on line, many people are using it.

[hajimasan]

Criminality is everywhere even in temple and church  also , bad guys are everywhere and we can't only say that bad guys makes the bitcoin culture worst. They will be everywhere to make the situation worse. Actually bad guys do criminality even with fiat currency also and they does their job very well with banking system also sop when people blame that bitcoin is used for illegal purposes. They meat to say as if real money is not used for criminality. All technology have it's positive and negative side and we should accept it. None could have only positive point because there's some bad guys who is ever ready to spoil the culture and the main purpose of the technology. So we have nothing to do with it. We have to do our work and bad guys will do their work but we have to find solution to eradicate such happenings done by bad guys.

[nethead]

I think this criminal activities using a bitcoin has been predicted by many people especially big names and the government, but with the popularity of bitcoin, I think they can't stop people from using them, and the fact that it also helps their country to develop their economy.
   

[RudyCenJia]

For the issue of bitcoin with criminals can be seen in many countries which is in the spotlight is indonesia.

a few months ago, indonesia was attacked by a hacker called virus wanna cry, the criminals asked some money to bitcoin for exchange of existing data.

A lot of these cases because it is unfortunate for such problems to be damaged both the company's name and the bitcoin itself.

It is unfortunate . . . 

[BitcoinsGreat]

I think this criminal activities using a bitcoin has been predicted by many people especially big names and the government, but with the popularity of bitcoin, I think they can't stop people from using them, and the fact that it also helps their country to develop their economy.
   

It is a new thing for the media and that is simply the only press that the system gets.  This is noth because the governments want the public to see Bitcoin as evil and also because there is not a lot of "news" that comes out of our little crypto world that the press picks up on.

[JohnBitCo]

Anything and everything of value will and has been used for crime, Bitcoin no more than anything else.  FIAT has just as high a percentage overall, but that is not news anymore, it is just everyday fact.

[wxa7115]

I think these are two very different things and do not be equated, because later it can give a bad perception of bitcoin

We all knew that bitcoin before were used by criminals but now that its open to all i think the term criminality should not use to since its too beneficial to us user now.

We cannot forbid the criminals to use bitcoin, I would like for them to not use bitcoin, but the truth is that bitcoin is a tool and like any other tool people are going to use it for good and for evil as well, that is not bitcoin fault but the fault of the people using it.