Bitcoin Are Now Used in Crimes

[morrisby25]

Entering with the help of bitcoins is a very obvious and expected process. Now every week there are many new wallets, new projects. In crypto currency, many millions of dollars are invested every day. But from the work of hackers and scammers, no one is 100% insured. It's just now that this is a new direction for them.

The only reason people still believe BITCOIN is crime is cause of the dark net silk roads selling drugs and other illegal shit cause it was easier to use back then

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[bitcoinorcash]

Yes, i agree. Many people had been using bitcoins for some illegal transaction, but we never really know who or where but there is no need to worry about many people are still using bitcoin for good purposes, after all bitcoin is a free user for all, everyone has the right to do what they want with it and maybe that is why in some other countries government bans bitcoins because they know on themselves that some part of bitcoin is used for crimes and illegal transactions but some, nah.

[8Habits]

Yes, i agree. Many people had been using bitcoins for some illegal transaction, but we never really know who or where but there is no need to worry about many people are still using bitcoin for good purposes, after all bitcoin is a free user for all, everyone has the right to do what they want with it and maybe that is why in some other countries government bans bitcoins because they know on themselves that some part of bitcoin is used for crimes and illegal transactions but some, nah.

You are right mate that there is a sort of freedom using bitcoin. Once you have your coin, you are free to use it to whatever you like and that is good because we are finally free to do what we want with our coin. Regarding criminality, that is normal, even with fiat money, there is more rampant illegal transactions happening with it in every country.

[Joylee]

Although Bitcoin has many shortcomings, it is used by criminals, but it is undeniable that it will bring great convenience to the future world, and will make the world more transparent in the future. It's going to be powerful.

[paulmusa25]

Yes! Because bitcoin transactions is anonymous and the money involved in crimes is a lot of money. Some sindicates right now take advatage the use of bitcoin.

[Excilion]

I agree, People used bitcoin for illegal things like buying drugs, guns and others. Bitcoins transaction are cannot be traced so the bad people used this opportunity for doing bad stuffs.

[Gelesko]

Everything that involves money, will eventually be something with crime

[fanhuaijiao713]

Because bitcoin is anonymous and hard to track, it's hard to know what kind of deals people are doing.
Many cryptocurrencies are used by people with ulterior motives.
Encrypting money is just a way of transferring money! They can't tell whether it's legal or not.

[Janine012]

Yes. Even bitcoin has just starting up, there are numerous incidents linking to it as ways of transacting and sending money as to used in illegal ways. People behind it used bitcoin so they can properly do their transactions smooth and clean. This has been alarming as this can create big numbers of crimes and affect million of lives. Abusive and over abuse of the power of bitcoins as to used in illegal ways forces the state and the government put relations over the cyrptoworld. Scams and fraudulent is spreading over the world internet world now.

[chanji]

Some people really take advantage of bitcoin and use it to scam because it is untraceable and other transactions in bitcoin is anonymous and it just make other people think of bitcoin as just scam.

[parassinghal]

Yes bitcoin is now getting used in crimes or in illegal businesses, and i think this is the main reason for the ban on bitcoin in many countries by the government.

[hchc12011]

Although bitcoin has many shortcomings, it is used by criminals. But it is undeniable that it will bring great convenience to the future world, and will make the world more transparent in the future. It's going to be powerful. That is also one of the risks that we have to take, internet is vulnerable for this kind of activity, but i still have hope for btc.

[coynedterm]

Bitcoins has regained its strong value, As of this posting, the value per 1 bitcoin is exactly 4786.59 US Dollar.   Soon we will see more ways people can squeeze the most out of bitcoins.   Since the advent of the internet to be profit oriented in the 90's, no one would possibly have imagined that the Internet would breed Facebook, Google, Uber, online streaming, etc. This is where we are with the Blockchain now. There exists a whole world of opportunities out there.  

These opportunities have the unrighteous users of this cryptocurrencies to also used its advantage. We cannot deny for a fact that cyber crimes have been committed since the birth of the internet.  Once, stealing was done with having guns, now, robbers can easily hack bank accounts or counterfeit credit cards to their advantage.  Sooner, cryptocurrencies can be used to pay crimes such as services for creating counterfeit birth certificates and this is not far from happening.  Actually, the US has already cases on this matter.

Another is the crime of buying illegal-drug emporium that used Bitcoin as a medium of exchange, politicians and policymakers took notice. Criminals, it turns out, really like bitcoins, which can be exchanged for nefarious purposes on the "Dark Web," with complete anonymity and, it seems, impunity.

Although, there are some articles that i have read regarding criminals cannot hide behind bitcoins, still, there are difficulties tracing transactions using cryptocurrencies. That is why law enforcement agencies should have a to change their procedures to pursue criminals who make use of the latest technology to commit crimes. Let the law find a way to evolve to address new tech challenges. There is no reason to expect that law enforcement won’t be able to get a handle on this new cybercrime.

I don't think now bitcoin is at that level were it is uses by the illegal workers to make illegal deals because bitcoin now not more anonymous currently because the main reason is that online attention of the transaction is now more by the governments of the countries ,so no chance for the person to use bitcoin for illegal works .
And also we can see that people are mostly paying tax for the use of bitcoin and everything is in online ,so no one will try to use bitcoin with wrong person .
It was old time when few people were using bitcoin for such types of works which were not good , but now bitcoin is more clear and people are using for trading and payment system .

[Daniel355]

I agree with you, although reluctant to accept it, I have to say that there are a lot of transactions in bitcoin traders, such as the Silk Road website.we are different from those who use bitcoin in illegal activities for us bitcoin is blessing because we are having support for our daily needs

[Waccamaw]

Dollar use in crimes. paypal use in crimes and bitcoin use in crimes.
people use dollar in crimes more than using bitcoin.
people being bad when they hiding them ID.

[Vermilion-]

Many have said that bitcoin during its early ages wouldn't have become popular if not for the use of it in crimes.The refore it is absolutely true to say that bitcoin is indeed used in crimes not only in the present day.

[Crypto_Happy_Sad]

Also please beaware of the scams that the people on the darker side dong using the company legit names and acting as customercare and stealing the coins,as much as the technology awareness the HOLDERS need to be aware of the security of the coins !

[BTG-BTC]

Bitcoin like the dollar is used by criminals and yet not once has the dollar been called into question because of that ...

[x Survivor]

To be honest.. Yes....
Some guys buying membership to download movies or series of video on porn sites.
And some of them are proud of doing it.... Honestly it's a crime since it's not monitored properly they can just sell it to others, some possibilities also is they will offer it to minors....

[siddu1]

Yes, nowadays criminals are also uses bitcoin to perform a crime.It is very bad.Some big criminals accept bitcoin as their payment.So we have to take a proper step to close this system and established a crime free city.