Criminality and Bitcoin

[Wibisono]

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 in 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.

The negative impacts of the existence of bitcoin one of them are for crime because of its bitcoin nature is anonymous, but in my opinion, it is an issue that is developed so that bitcoin falls. Maybe there are some who use bitcoin for the crime but the number is not much.

[MRlong]

When it comes to technology most of us are fund and aware of that even in the criminalities happen in our society and even in Bitcoin.Some says that BTC are used to fund criminals to use wrong ways.But we who knows more about Bitcoin must aware the good features of it and how it help people in earning money.

the use of bitcoin depends on each of its users, if they use it for illegal purposes or finance criminal actions, of course the action is unlawful and will be punished, so many people misunderstand about bitcoin because of such useless use, but set it aside all, we better understand about bitcoin, they should be more knowledgeable in seeing bitcoin, there are so many benefits to be gained, if we can use it well and utilize it, behind the positive side there will be a negative side like two sides of the coin and depends from each person in their use, the result will return to themselves

Bitcoin has no fault in its use. Satoshi Nakamoto created this currency with the goal of making the world economy independent, no longer governed by the government and its user will decide the future of Bitcoin. You have to remember that the nature of Bitcoin is clearly against what the current monetary system is being used. The government does not like Bitcoin because of this. Therefore, they want to use criminal to make Bitcoin become worse in the thinking of many people on the world. A perfect scenario to reduce the growth of Bitcoin.

[tranduc2101]

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.

Yes, in my country Bitcoin is banned by the government but many people want to participate in this currency trading because the returns are very high, with the current green market situation likely to be similar. The hybrid of these coins is very developed.

[EugeneJanet]

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 doubt it. I don't think bitcoin will lead to a big increase in crime. I believe that most criminals still use fiat money as a crime. Only a small number of criminals use bitcoin, which does not affect the crime rate. But most people don't know much about bitcoin, and they hear too much bad news about bitcoin, which leads people to blame bitcoin for the rise in crime.

[drm]

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 doubt it. I don't think bitcoin will lead to a big increase in crime. I believe that most criminals still use fiat money as a crime. Only a small number of criminals use bitcoin, which does not affect the crime rate. But most people don't know much about bitcoin, and they hear too much bad news about bitcoin, which leads people to blame bitcoin for the rise in crime.

That's why it's so strange when people or officials try to emphasize on criminality and bitcoin.
Maybe they should look at all the shit banks do, bail out anyone?

[Larrycool]

Criminality has been present ever since technology has not yet made, it is because humans have a trait of being greedy that is why they such thing for their own benefits while abducting the rights of other people. Bitcoin cannot be blamed on how criminalities behave because it is a human failure of using it properly. Bitcon has been established to do many purpose and criminality is not a part of it.

[@Hakermania@]

I have this vision on the subject: blockchain and cryptocurrencies in business relationships have a positive impact because the blockchain is an unalterable accounting book that does not allow fraud. In criminal relations, however, the absolute anonymity, the speed and ease of transactions can instead be a disadvantage for the community.

[boksoon]

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.

Ya That's possible, it's probably one of alternative way for making bad thing by the other people who want to make illegal activities because this not like a usual types of method that it has a triplicate for tightly secured for all documents for all transaction. but here in bitcoin is peer to peer transaction only both person have actually transact and it will succeed already with a few second. so there is tendency the criminality is not out for this type of processing and I hope that it will never be happen.

[alfs75]

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.

Actually this statement  is a big accusation to the bitcoin,and maybe this statement is over exagerrated,because we already know since from the first start criminality is still excess,and they make only excuses to wipe all this into cryptocurrency so that the image of digital currency will become bad throughout the whole world.therefore we hope that this kind of accusation to the cryptocurrency will stop that its used in criminality,because its kind of fake story  would not help to make our economy growth.

[Englebabylove]

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 think there are very few criminal incidents related to bitcoin. Bitcoin, as an encrypted currency, is anonymous and decentralized, and the government cannot control it, which is why it is used as a currency of exchange. But I don't think that's why bitcoin is banned.

[rizqillah]

i doubt it.
criminal activities were happening even before bitcoin. for example the ransomware that everyone is talking about these days have been around a very long time before bitcoin was created!

and besides since bitcoin doesn't offer real anonymity it can not really help the criminals as much as things like hard cash helps them.

yes, I also doubt it.criminal activities were happening before bitcoin. it can happen in every where and every time, so in my opinion, I doubt it.

[falapella]

We all know that BitCoin has advantages and disadvantages. Behind the bitcoin population, something bad works together.
But I do not think cybercriminals are about bitcoin. I think cybercriminals have a big growth before the bitcoin rises.

[Konthol Ngaceng]

Bitcoin with anonymous features makes everyone free to make transactions, but unfortunately this is used for illegal transactions, certainly the notion that bitcoin is used for criminals we can not deny but I do not agree that all bitcoin users aim for criminals.

[sneeze11]

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.

Yes I believe that the existence of bitcoin has increased the number of criminality in  some countries in the world because they use it for their transaction. Actually I heard a lot of information about it because we all know that the transaction here is secured so that they didn't know for what they use it.

[mourinho hala 98]

Bitcoin and other crypto-currencies are playing an increasing role in all criminal activities, not only cybercrime
Technology is in continuous development, offering new possibilities for cyber-criminals but also to law enforcement agencies that are investigating their criminal activities. Those who use money as payment to drugs, gun smuggling can use Bitcoin to pay and remain unknown

[Cryppy_guyL]

To make payments for crime where the main anonymity is better suited to virtual coins. It can be not only bitcoin but also other crypto-currencies. Just bitcoin is the most famous and untwisted currency and flashes in the news!

[Titanos]

Bitcoin didn't increase criminality. Criminal people can use any form of money, why we don't ban USD because it's used in crimes more than BTC.

[25espia1994]

 I guess so many people doing things like that back then. possibly that's the cause of many people don't care of bitcoin now.

[sana54210]

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.

Yes it is right that Bitcoin were using by criminals transactions but a report says that within these nine years journey of Bitcoin a lot of criminal’s transactions have been blocked and have been arrested due to these transactions as Bitcoin is traceable and not like fiat money. Bitcoin has worked on it and made or introduce the Blockchain technology to reduce these illegal transactions.

[lunnatic]

Criminals have been around all along, only a bitcoin is used as their transaction. Bitcoin does not cause criminal activity to continue to increase It's just that bitcoin can make it easier for them to transact without having to meet.