Criminality and Bitcoin

[nskendrovic]

Yes, it is the mode of payment on dark web, since it is decentralize and untraceable. It is the negative side of bitcoin because the identity of transactors are anonymous.

I think Bitcoin will be used less for this in the future, as Artificial intelligence might find ways to find correlating addresses with people. I think Monero and other anon crypto's might take over that job, leaving bitcoin with a cleaner name.

[Rhudy199]

of course, all the activities undertaken there must be shortcomings and advantages, examples such as what you explain, but back to ourselves which we want to do ,, but we recommend that we do something fositive just so no one is harmed 

[ruskytailz02]

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, this is the worst disadvantage of bitcoin. Bitcoin can be used to some illegal transactions in the internet like buying illegal guns, drugs, hiring a hitman and many more that can cause to increase the criminality to some countries in the world that support the idea of bitcoin in their place.

because of wrong information and the media the bitcoin's image become worst SO other people think it is use to crimes.
yes it is bitcoin have value and I cant blame them. people uses it for example in money laundering.
or some type of illegal thing.
it is the other side of bitcoin that people do and dont see the true use of coins

[Paycoinzzz]

Bitcoin first used in criminality and dark net, and recently coming in mass.
After statements that btc not anonymous will created new full anonymous coins and btc went into the background

Everything is just the rumor about Bitcoin is not really anonymous, but the fact, the criminal used Monero and other anonymous altcoins more than Bitcoin for their crime.
Maybe, that rumor is true and the criminal know which coin is better than for their crime.

[Tukang Becak]

There is no denying that bitcoin is used by anyone including for criminal transactions such as drugs, illegal weapons, money laundering and so on, this is because in just 10 minutes people can make wallets and can be used for bitcoin transactions.

[playerbtc]

Bitcoin first used in criminality and dark net, and recently coming in mass.
After statements that btc not anonymous will created new full anonymous coins and btc went into the background

Everything is just the rumor about Bitcoin is not really anonymous, but the fact, the criminal used Monero and other anonymous altcoins more than Bitcoin for their crime.
Maybe, that rumor is true and the criminal know which coin is better than for their crime.

Do you realize if btc or the blockchain technology used for the terrorist how drastic the actions can be??? Its nothing about monero or ETH. In worlds btc are getting accepted not monero or eth. So btc will be accounted for each of the crime if it is ever mis used. Block chain protect user right in such a way that its kind of impossible for people to know about the someones resource. Its transaction are managed so beautifully that other then the sender or receiver no kne would ever know for what and who have reiceived.
Can you stop or haunt him down if some one make a donation in AL-Qayeda. Can you stop the corrup govt system if he or she involved with money laundering?
Can you stop or trace down for making investment in buying arms which might have financed to make a terrorist attempt to your country or your brother hood?
You cant.. if you know thats the person dealing btc in bad way you may get arrest him as a suspect but you cant proove if he she never accept about the account he/she have dealt with.
So stop spreading bull shits. Block chain is a great evoloution but the world arent really for this awesome tech to admire cause people are so self centric they killing for other people for money.
Btc is a threat for mankind if it is misused ever.

[playerbtc]

There is no denying that bitcoin is used by anyone including for criminal transactions such as drugs, illegal weapons, money laundering and so on, this is because in just 10 minutes people can make wallets and can be used for bitcoin transactions.

Exactly..the fan part is no gonna ever know. And this is happening literally

[Morticio]

Bitcoin is a money and if you have a bitcoin then it mean you have enough money. Now it depend on the user of bitcoin that how he want to used their money. If he want to used their money for criminality then its up to them.

[Poolome]

Presumably. In view of the unknown of bitcoin they can utilize it to different reasons. Indeed, even that reason is awful and identified with guiltiness. It doesnt matter on them, yet the picture of bitcoin may be influenced individuals will just imagine that all the bitcoin originates from guiltiness amd individuals that are utilizing it is criminal.

[Ashe-J]

Criminals can be retraced even with Bitcoin as long as they did not use private coins and darknet .. And governments just turn that to a massive problem to hide the positive side of Bitcoin.

[Cryptomaniac13]

There will always be connection bitcoin criminals and cryptocurrencies

[Yomanse]

Very utilizing Bitcoin then some wrongdoing can be decreased, money will keep on being the favored medium for criminal movement as it is more hard to follow. All Bitcoin exchanges are recorded and freely visible. Just the character of exchanges that can not be seen but rather still can be acquired with little exertion.

[Mickznet]

Yes bitcoin can used to criminality because of anonymous account in bitcoin, they can fund and transfer bitcoin anytime anywhere in the world. I don't think how to regulate bitcoin to monitor criminal activities using bitcoin.

[vanslyien]

When we talk about crime involving the use of computer and internet, it is called cyber-crime. In the Philippines there is an existing law that punish these criminal act. However, since Bitcoin is not regulated by the government they cannot prosecute the act because it is not stated in the Revised Penal Code and there is no Special Laws defining prohibited acts in using Bitcoin. I believe that sooner or later the government will realized that there is a need to address regarding this matter. We cannot ignore the facts that criminals will used Bitcoin for their advantage but it is also our human nature to combat it and win in the end. I've mentioned some of these in one of my post.

[rexter]

Criminals use Bitcoin to collect ransom from the victim just like extortion scheme,but nowadays it was already well known to expertise and to government about this kind of cyber crime attack,Bitcoin helped fuel the rise of ransom ware attacks like the recent WannaCry cyberattack.

[Penuzel]

I think not all lawbreakers dependably utilize exchanges to do with bitcoin and imagine a scenario in which somebody utilizes bitcoin on the grounds that the notoriety of financial extension in each state truly assists with that but then relies upon bitcoin clients will be utilized for wrongdoing or goodness. , Ideally Bitcoin advancement process so as not to be manhandled from the client, Smiley

[sadsNDJ]

Yeah, sometimes, but not all the time. This is the reason why some other people did not give their real identity when it comes like this, cause for sure they'll dead. In fact, there are some instances, that if they knew you personally and got envy on what you achieve in life probably, it will send you death. So, we've better to be quit.
Criminality often occur in every places. We could not stop it tho. So the only thing we can do is it become be very careful.

[fotosonics]

There will always be connection bitcoin criminals and cryptocurrencies

Bitcoin, the Internet currency beloved by computer scientists, libertarians, and criminals, is no longer invulnerable. As recently as 3 years ago, it seemed that anyone could buy or sell anything with Bitcoin and never be tracked, let alone busted if they broke the law.

[hghcoin]

There will always be connection bitcoin criminals and cryptocurrencies

Bitcoin, the Internet currency beloved by computer scientists, libertarians, and criminals, is no longer invulnerable. As recently as 3 years ago, it seemed that anyone could buy or sell anything with Bitcoin and never be tracked, let alone busted if they broke the law.

The digital trading of bitcoin and the nature of it as a virtual currency determine the uncontrollable nature of its transactions and give many criminal gangs the opportunity to exploit it.

[Pemokecin]

Bitcoin is an extremely encouraging type of speculation. This is the thing that influences offenders to carry out hoodlums dibitcoin, some extremely incredible highlights in bitcoin is positively exceptionally gainful for everybody. Furthermore, this does not preclude the culprits of lawbreakers will exploit existing highlights in bitcoin to make exchanges for wrongdoings they conferred. The numerous types of criminalization of the presence of bitcoin absolutely should diwaspadi by bitcoin clients, for fear that we lose the activities of culprits who can hurt us.