Bitcoin Are Now Used in Crimes

[Ziomuro27]

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 read some forum that was saying Bitcoin are using in illegal way nor we can say it crimes it is used for gambling and  even in scamming other people but nowadays I think that people are using it to buy their own needs they need to it to survive in their everyday needs, everyrhing that we wanted will be granted with the help of bitcoin.

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[DoublerHunter]

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 read some forum that was saying Bitcoin are using in illegal way nor we can say it crimes it is used for gambling and  even in scamming other people but nowadays I think that people are using it to buy their own needs they need to it to survive in their everyday needs, everyrhing that we wanted will be granted with the help of bitcoin.

Bitcoin will really help us in achieving our needs because it has a lot of of opportunities for work and that can be a cause or reason for us to make a lot of money. Bitcoin is maybe being used for illegal crimes but it is not enough for bitcoin to disappear since the authorities are making move to clean the market of bitcoin and makes it look better than before.

[kodtycoon]

With the freedom to use bitcoin as a tool of transactions, it is possible that bitcoin be used as a tool to transact in a crime or black market. It all depends on how we use it. Then use bitcoins for good things so there is not much resistance to the existence of cryptocurrency.

[WhoKn0ws]

Any and all types of currency will be used for crimes and on the black market. Somethings you can not simply stop. Most of the money now is used in drugs which in turn have a direct affect on the violent crimes it brings.

[speedware01]

Ya bitcoin is used for crimes since it's untraceable. But you shouldn't look that way because it was not created for that purpose. Its just some people took advantage of its ability to be untraceable to do crimes

[cutecute]

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'm agree to your statement because many of the bitcoin user are using their bitcoin to use it in crimes. I heard that they are some users here using their bitcoin to buy drugs because if they buy drugs by using this they can't be located. And I heard that it is used also to buy a things that stolen.

[Shivan Dragon]

All are used in crimes even in bitcoin. From atms to credit card, crminals are quite trained doing these sinful acts. It is inevitable.

[Marrionbitcoin]

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.

Anything can be used in crimes as long as people wanted it to be used in crimes, that doesnt exempt bitcoin or anything. Bitcoin has lots of help that it could offer to people, but some people are using it in the wrong way, and we cant blame that on bitcoin or the other cryptocurrencies, its people who does it not the coins.

It is not a surprise that other people will use Bitcoin in crimes. They need money to do their dirty operations for their own benefit and at the expense of the others. It is easy to transfer money to others that cannot be detected easily by the Government as they implemented AMLA. Government cannot easily trace where the money transferred and what is the purpose of withdrawing that money. So Bitcoin must be fully regulated so that we can avoid terrorism that destroyed our countries, their filthy operations around the world. Bitcoin was created for the purpose of doing good and make our lives easy and not for the criminals for their own selfish act against other people.

[BlackPanda]

Today more and more people are using Bitcoin to help them commit crimes. This is inevitable because Bitcoin greatly guards the privacy of every person who has it, in our Bitcoin transaction is anonymous so that any transaction we do it will be difficult to be tracked by the police. So whatever the circumstances we have to really educate many people to be able to use Bitcoin positively, because if this can not be stopped then Bitcoin will get a bad stigma from many people and also the government will consider Bitcoin as a threat to the economy in the country. This could slow the development of Bitcoin globally.

[ChConcept]

While its true that criminal activities can utilize bitcoin as a means to transact large amounts of money, the address that they use is still in the ledger. And it can be seen by all. One way or another it can be traced.

[ilovestroberi]

Yes, nowadays it’s being used in crime, they buy and sell online and pay by bitcoin. Because it’s untraceable. So police can’t get clue to caught them. I think it’s dangerous.

I agree. Bitcoins are used in the Dark Web, where assassins, gun and other illegal things are sold there. It is really untraceable and they can buy things without their personal info.

[tikaka]

bitcoin does not depend on the government of any country and is not protected by law. It is a valuable virtual currency. So criminals have taken advantage of it to commit crimes like gambling, drugs ...

[rayazasheva]

Bitcoin is being used as a crime or is called delinquency
Bitcoin is a virtual currency but has real value in the market, there are many bitcoin users to trade goods such as food utensils or currency
Bitcoin deals like real money it is very hard for organizations, countries control the bitcoin, so there are so many countries banned bitcoin and treat it as illegal

[Valzzz005]

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.

It been years that those things happened aren't you updated? Last year I have red an article in the deepweb before that are saying that there are a digital or virtual currency that are existing and it is used to buy drugs and all the other illegal things illegal transaction and it is also used to hire a hitman. This is being ised because bitcoins are decentralized so it means no one can know whats going on no government involve in this currency they have nothing to do with it so they do not know where the moneys are going so lets just not be involve in that thing.

[wjchong]

This is right that bitcoin are now used in crime. But police and cyber department is also enable to track the criminals because it is very much impossible to track them.This is the world of duality, there are some good things with bitcoins but bitcoins are also used for criminal acts.

[Naoko]

any currency can be used and really used in criminal activity...because not all people are ready and willing to live fairly and honestly to earn their money and perform only pious deeds...but this shouldn't be reflected in the currency, it isn't it fault that people are deprived of honor

[Mr.Anonymous]

any currency can be used and really used in criminal activity...because not all people are ready and willing to live fairly and honestly to earn their money and perform only pious deeds...but this shouldn't be reflected in the currency, it isn't it fault that people are deprived of honor

Who created the currency? Yeah, that is the human and of course, they are the owner and have all permission to decide the future and method to use their product - currency - anytime. We can not blame the currency functions can provide for us, all these things are created by the human.

[valentine401]

Yes it is possible, Since bitcoins is a digital currency we can have transactions which cannot be tracked and even the terrorist can really use bitcoins to buy drugs or weapons. This is why government are banning bitcoins in their country to avoid problem.

[Zentor]

Everything can be used in crimes, we should ban everything? Actually Monero is better for using in crimes due to its high anonymity

[Gotumoot]

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 have never heard of bitcoin used to do bad things. But in the event of someone else using bitcoin for doing the crime? bitcoin can be a solution. Bitcoin can do anything to block or eliminate people from doing bad things. But I think it can also be used. It can be used for crimes here in our country. They will use bitcoin to speed up their money transactions, money transacations of evil people.