Criminality and Bitcoin

[GreatArkansas]

Only criminality over the internet will increase, because bitcoin can use in any illegal doings in internet because it is decentralized, no government owned bitcoin. Most of criminality are scam over the internet.

[Thanushka47]

Criminality and bitcoins are two different things and I don't think that bitcoin influence criminality. If there is no bitcoin they use another way to do criminal activities. It is that bad people use it for bad purposes. Simple as that.

[shezu007]

Some people are thinking that due to bitcoin criminality rate is increased but i want to clear them that bitcoin is a money just like other currency and it depend on the users of bitcoin that for which activity he want to use. So if anyone claim that due to bitcoin criminality is increased then i don't agree with his statement because bitcoin is for everyone who is able to work with bitcoin forum and can follow their rules and regulation and after that it depend on their users that how he want to used.

[emondot]

You could say bitcoin into a virtual currency because bitcoin is stored in the form of digital files that are called with the wallet. In use, this wallet file is similar to the function of the cash storage wallet. Wallet files that are stored on hard disk or other electronic equipment are very susceptible to damage. Not only that, the virus can also attack the hard disk that can make the bitcoin stored just like that. In fact, this digital can also be retashed even stolen through malware. Not to mention if the contents of the hard disk owner bitcoin deleted accidentally. It will be more painful than loss of cash, because lost this wallet file you can not catch this bitrain.

[haster100]

Yes, I believe that there is a lot of crime using bitcoin. Because with bitkoynom we do not need verification of personal data. I've seen a lot of deep web users on YouTube who use bitcoin as a means of payment.

[ParveZ219]

From these days it's been watched that the bitcoins are mostly used by criminals as they dont have any problem in exchanging it..and it's anonymous too...so its banned in some countries...In some countries it is also told that they will be jailed if they use bitcoins....But we cant do anything in this case as we can't stop criminals...

[AmericanBit]

Cybercriminals often use the Bitcoin as the mode of payment for the money that was extorted from their victims. :/

[BORDS]

i do believe that one of the very reason why bitcoin become popular during its early stages was due to the support or usage obtained from criminal activitues.
We cant deny the fact that bitcoin has been by criminal since they have also seen the advantage of using it to conceal their transactions.

[sean.maley]

criminals and bitcoin can be one of the most terrible things in the hands of bad guys. bitcoin can be used for corruption asset storage cases and harm the state. but I hope bitcoin will be one of the things that is positive and not used for negative things.

Unfortunately it is the sad part of crypto currencies world. One of the reason why price is growing because of this dirty money.

[Nana99]

A terrorist has found a bitcoin weaknesses and used it to transfer their funds

[ngefek berat]

Bitcoin in my opinion will not cause criminality because we ourselves who play it In taking advantage And help the community in anticipating the growing unemployment that will make the crime will diminished.And the sense of comfort will also arise if the population can afford all the economic System every day.So that makes the country well ordered than ever after the public knows of the existence of bitcoin.

[Tapyaks72]

Cybercriminals often use the Bitcoin as the mode of payment for the money that was extorted from their victims. :/

Even before bitcoin cyber criminal extortionist are present in the crypto world and even before we have internet because criminals is always finding ways how to take advantages on different monetary transaction since Bitcoin is anonymous in nature it is most likely favorite avenue of criminal activities.

[ellabanana]

This is one of the disadvantage of cryptocurrency. Since it is decentralized, no one can actually control it. But then, crypto is still growing, so the creators might be able to find a way to address this issue.

[codpku]

We know cybercrime already exist even long long before bitcoin come with all the opportunity that it give
I'm afraid hacker grow more and more to steal our bitcoin
i hope every wallet improve their security system day by day i hope

[Jhaypril05]

Bitcoin has nothing to do with criminality. We all know cybercrime will happen if we catch up the program of scammers. Be aware and be alert! They are everywhere. Criminality is already exist in this world before we know bitcoin.

[rolls89]

While Bitcoin might actually turn out to be one of the safest and least ‘bad’ ways to use money, it doesn’t mean that criminals don’t use it. Just like normal money, they do. But there are two important things to note - firstly, that as more data becomes available in the industry, the more it is becoming clear the number of bad uses is very, very minute - if the entire Bitcoin ecosystem is represented by a big mountain, the size of the bad parts is a couple of rocks. Second, that in any financial system, this is a risk that can never be eliminated, merely mitigated, and Bitcoin has some of the best tools in the world for that.

[Haxor321]

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 guess no i dont see the bitcoin can be a great way to do a transaction online for the terorrist but i guess it is a good way but i dont see bitcoin your such increase the criminality we already known bitcoin for a past year and it is already use in this kind of way and primarily use in online transaction where you cannot be track online by using this kind of transaction but i guess even it become more popular i guess it is not a reason even if they have this currency it would really not attract a lot of terrorist to do more illegal things.

[Trela]

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 guess no i dont see the bitcoin can be a great way to do a transaction online for the terorrist but i guess it is a good way but i dont see bitcoin your such increase the criminality we already known bitcoin for a past year and it is already use in this kind of way and primarily use in online transaction where you cannot be track online by using this kind of transaction but i guess even it become more popular i guess it is not a reason even if they have this currency it would really not attract a lot of terrorist to do more illegal things.

I do not negate Bitcoin was used for crime. But nowadays, the criminal tracking agencies have reported that the use of Bitcoin for money laundering has decreased significantly over time. Instead, the criminal are using other altcoin as Monero, Ethereum and other anonymous cryptocurrencies for money laundering.

[wxa7115]

i do believe that one of the very reason why bitcoin become popular during its early stages was due to the support or usage obtained from criminal activitues.
We cant deny the fact that bitcoin has been by criminal since they have also seen the advantage of using it to conceal their transactions.

It would be naive to think criminal activity wasn't a major factor back in the day, but now most of the users of bitcoin are traders and users which want to earn money in a legal way, this is nothing new, a significant number of new technologies are adopted first by the military or by criminals so I don't think bitcoin is unique in that aspect but thank god we've left those years behind us.

[zorchy]

Criminal activity is and will always be, so as not to do what is happening.