Criminality and Bitcoin

[greenclub09]

Bitcoin has been used as a good currency for criminals activities for many years. So criminals always find another way to use cryptocurrencies for many bad things, this can effect negative trust on bitcoin and makes the world harder to accept bitcoin legally.

[rajuahmed330]

Bitcoin want no identity to transfer , store or deal. So that mean Its obvious that bitcoin can increase criminality. If I describe it simply, anyone can plan a criminal case and pay the criminal with bitcoin. This transaction will never be found. Black money also can store as bitcoin.

You said exactly. They do not have any identity to deal with it and there is no evidence of any transaction in Story. It is used illegally by many people. One can talk about black money.

[litmus]

The Internet, not BTC, has certainly increased the number of criminals, as it's increased the number of laws that can be broken,  BTC in itself hasn't increased the number of criminals, per se. It has made it easier to be one if you're smart, certainly, but they (the criminally enterprising) had to already "get there" in this case.... BTC didn't get them there.

BTC and the blackmarket are forever linked, but BTC is no longer dependent on it, and it may someday lose it's drug market connotations. Other currencies such as DeepOnion, more suited for privacy-first, privacy-always commerce (and which will also be first-tier tools for the criminal element, but did not create them will fill that role as BTC becomes the global "reserve" currency along with being the Altcoin peg.

[emanbea1234]

for me internet allows us to communicate as never before, and by communicating, criminals can talk, organize and buy&sell over the internet.

[acmagbanua21]

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.

[ucingucingan]

Bitcoin can be used as a medium to support criminal acts in violation of the law, because in every transaction anonymous folds will only show binary addresses without displaying the identity of the sender and the recipient, this can only be prevented by the provision of legal rules governing bitcoin and its transactions. But so far there are not many countries that have these rules, even most countries block bitcoin.

[Paycoinzzz]

Yes, it is undeniable. Bitcoin is indeed used by criminals, criminals can use bitcoin to launder money or buy drugs or firearms, and the government can not track criminals, so some countries have banned bitcoin. Believe that with the development of bitcoin, this problem will be solved.

Never, even the government have permission to control the FIAT system, but why do the criminal still use FIAT for their crime?
While Bitcoin is a currency can not controlled by anyone, it is really good for the crimial use this currency for crime.

[Topaz72]

The internet and Bitcoin are just devices that 'bad guys' and 'good people' can use to be filled with more people in the 'good people' category.

I think it’s not good when someone is using bitcoin for crime or foe any bad things because when you study bitcoin so it’s actually help humanity and people are using it for their daily expanse and some of them are using it for their future so I will advise to everyone no need to disgrace bitcoin and try to help bitcoin for his bright future.

[VitaminDer]

mind it good or bad, but deepmarkets made most of bitcoin's popularity in it's early age   imo

[JayT22]

bitcoin got his first big  gains only by the usage from criminals in the darknet !
thats the reason why bitcoin got so popular in the early times.

[uzumaki]

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.

What i want to say is ,i doubt it because every technology must have a good side and the bad side it's all deppends on the wearer lest do good and positive thinks because we will reap it in the future some criminality that exist in cyberspace such as ransomeware already existed before bitcoin created so bitcoin can not be blame in this case.

[rockyboy]

I don't believe that. When you already have your money and can enjoy life because of bitcoin. What's the point of doing crime.

[Randian Hero]

Police should stop kidding people with such kind of news. Criminals do crimes mostly because of money, be it BTC, USD whatever. I think the purpose of police doing that is that govs want to restrict BTC somehow.

[monkeykiss21]

Criminality and bitcoin it's not the same. Maybe there is a scammer / hacker that can make a criminality assistance due to their own bad influence. But for me as far as I know.. a bitcoin can never ever make any criminality history during on that.But Surely more assurance to create.

[Glaseseye]

You pinpointed it appropriately and it was inevitable. It is used by unauthorized hackers to conduct illegal tractionactions and criminal activities some time ago. This has a negative impact on the world, to be difficult to accept bitcoin in his country legally and safely. But with the slope of time and bitcoin developments such problems will be missed.

[MD Milon]

Crime and criminal work happening all time in any where before start bitcoin.bitcoin not be used any offence.the advantage ratio of bitcoin are lot of.bitcoin always discourage people to do crime.any one do crime personally,but its not related bitcoin.

[SilverChromia]

Maybe thats true that some countries believe on that reason. Because thats how the world is balance sometimes can do a good to those people who are jobless and not to do bad things or criminality but some times it can also be reason for them to continue their bad habbit. Because i think they are some people who used to be a Bitcoiner and they are not using their earnings on Good instead they using it on bad things like drugs or Buy anything like Guns that can pushes their limit to do more crimes and that is the reason why because Bitcoin having a bad reputation in every part of this world. So i wish to those who can earn a large amount of bitcoin i hope they will use it on Good things and not to waste on a non sense things.

[NavI_027]

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 agree to you somehow because bad people find easier to do their bad jobs due to the existence of bitcoins therefore this results to increasing number of cyber crimes. They take advantage on bitcoin's security aspects in doing their transactions, they now prefer more to deal with others through the cyber world because they believed that police authorithies will find harder to trace them which makes them more confident in doing their businesses. That's why even payments done in crimes like buying and selling of illegal firearms, illegal drugs and even slavery that are typically done in person-to-person meetings are now done with the help of bitcoins.

These things are very disappointing to know buy we can't escape the truth that bitcoins can also be used to do evil deeds.

[Visbay]

Yes, it is undeniable. Bitcoin is indeed used by criminals, criminals can use bitcoin to launder money or buy drugs or firearms, and the government can not track criminals, so some countries have banned bitcoin. Believe that with the development of bitcoin, this problem will be solved.

Bitcoin is not going to lead any crime because bitcoin is here to help us and its change life of thousands of people and now bitcoin is going to use in donation as well so it’s out of question that bitcoin is going to lead corruption so we need to support bitcoin and need to always promote bitcoin for its price because bitcoin I best for everyone.

[piter66]

In fact, we can't stop crime and money laundering. Criminals are not stupid people, they are complacent with their communications and use it to harm others, criminals are always looking for and using anything, bitcoin is an example...although bitcoins bring a lot of benefits to our lives, they also benefit criminals. A clean currency is stained.

Money and criminality is a direct relation. If you have a bitcoin then its mean you have a money and you can do anything with a money it depend on your used. If you want use your money for your criminality then you can used and if you want to use your money for good work then you can use.