SiOmnesEgoNon
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January 07, 2018, 10:34:52 PM |
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They were already used in crime circles from the beginning. It is not new, perhaps even that the excessively fluctuating nature of these currencies frightens them now.
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CyNotes
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The All-in-One Cryptocurrency Exchange
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January 07, 2018, 10:46:11 PM |
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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.
They use bitcoin for being untraceable and you hide your identity to anyone. It is truly that they can use bitcoin in crimes. We can't get them caught in jail but only God knows what are they doing so let the karma do for us. We can't protect our bitcoin all the time, they surveillance our money when we are become busy, they will attack us and our money easily.
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letecia012
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January 07, 2018, 10:51:22 PM |
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Bitcoin and other cryptocurrency can be used in crime and most common term is money laundering where in money gain from corruption or other illegal activities may deposited to BTC account and bought BTC or other crypto currency and when sold it is already clean money and untraceable.
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Klestar
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January 07, 2018, 11:00:37 PM |
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Everything has a disadvantage and so the bitcoins too, it is used in doing such criminal actions such as laundering, scamming and even block mailing. Bitcoin is widely used as a money to digital world because it is untraceable and safe, however the criminals took this opportunity to commit crimes.
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macartem
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January 07, 2018, 11:03:17 PM |
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Bitcoin is already outdated in this area, Monero is currently used in crimes, it's more anonymous
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that osas
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January 07, 2018, 11:10:08 PM |
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Because its used for criminal purposes doesn't make it all bad, even fiat is used by criminals but that does not mean that you won't use it for moral deals to. Like seriously the money used by criminals and non-criminals can not be distinguished if you hold both lol.
I'm new to the crypto-world but im seriously loving it
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Sarastiche
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BITCOIN IS THE CURRENCY OF THE GLOBE
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January 07, 2018, 11:29:41 PM |
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Crime deals are part of the major sector that give Bitcoin it acceptance and stability, fund can exchange hands in exchange for drug,harms and amunition without the interferance of Banks or government agency, I see this as a disadvantage of Bitcoin as it create a form leverage for crimes in our society.
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Shrinath
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January 08, 2018, 04:26:01 AM |
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In the new world of crypto currency many of the new tokens are based on the Ethereum chain. There is also a lot of interest for the Ethereum that can lead to the taking of the main lead on the charts. Ethereum has the great potential but to bring it to perfection a lot of work has to be done. Investors are believing in this altcoin which started a first successful ICO campaign which has originated the initial coin offerings. Ethereum is very close to the stable coin because of its small price drops and because of that and also because of the low cost of transactions I am still supporting Ethereum. Developers need to make just a little more effort to attract even more investors to their unique coin.
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xiaohao111
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January 08, 2018, 04:29:28 AM |
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I think that did not stop the development of the currency can't become a reason to stop the currency development COINS is only a tool without COINS there will be other instead, if a man take knife to kill, the knife is wrong? The answer is no
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LorenoCoin
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Eros Di Caeli
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January 08, 2018, 04:41:44 AM |
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is something that was seen coming from a long time ago, in fact, it was done in places like deepweb, however, bitcoin is just an economic tool, and now a tool that can be used to do bad things, but there are many more good things that it offers us.
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hoodi
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January 08, 2018, 04:45:07 AM |
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nothing new, it was used in crimes from the beginning. Money is also used in crimes, so what now? Prohibit money?
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jollyreti
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January 08, 2018, 04:46:46 AM |
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I am not sure it is so popular in crimes now comparing to the period of 2011. Now investors are more interested in bitcoin than drug dealers etc.
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akiraminai
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January 08, 2018, 04:55:11 AM |
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It is possible that Bitcoin will be used in crimes because transactions here is like working on the shadows, the government won't notice transactions here that's why some people will use this type of currencies for illegal transactions like that one in the black market.
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creative-raju33
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January 08, 2018, 04:57:21 AM |
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It is a matter of sorrow that bitcoin are used in crime section the the desire guilty work of bad people who are very dangerous for the society. And also black work are done by many people for huge currency amount required policy. We should be conscious about the matter.
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dragonhunter11
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January 08, 2018, 04:57:55 AM |
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wow, i didn't know that
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Justyn
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January 08, 2018, 05:00:54 AM |
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I think the worry of Bitcoin being used for crime will slowly fade out as we adopt it as an actual currency. You do realize that USD and all other fiats are used for crime too right? And most of the time those are quite untraceable too. If anything Monero would be the "currency for criminals" since it has absolutely no chance of being traced short of someone having their wallet stolen or getting it confiscated by authorities.
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dx_twisted
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January 08, 2018, 05:15:33 AM |
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Bitcoin is already outdated in this area, Monero is currently used in crimes, it's more anonymous
It's already outdated but still, it is the most preferential coin that was being used to such illegal and criminal activities. Up to this date, there's no way you can trace back the information either the sender or receiver for a certain transaction. Even the IP address or network where the transaction took place is impossible to decrypt. It ain't right to point out BTC alone, a lot of digital coins created follows Bitcoin anonymous feature which gave these fraudsters, hackers, scammers, and criminals a lot of options to choose from. As long a coin has its face value, these evil-minded people won't stop using cryptocurrencies for their wrong actions.
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zhqqnhivae
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January 08, 2018, 05:17:21 AM |
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While we're at it, cash is also used in crimes, so are credit cards, knives, gloves, baseball bats etc. I guess you get the point.
Everything has two sides, Bitcoin is convenient but also used by criminals. This is inevitable, but I believe this can be avoided with the future development of science and technology.
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BILGPS
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January 08, 2018, 05:24:26 AM |
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Bitcoin is currency which can be used for many things but those who uses this currency for crime they are the guilty people and they are doing illegal activities through bitcoin the good and bad people are every where in the world but the professional killers and other illegal activities are performing by the educated people because those who have knowledge of bitcoin they can do that but not the society.
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Kupid002
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January 08, 2018, 05:29:21 AM |
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Bitcoin is already outdated in this area, Monero is currently used in crimes, it's more anonymous
It's already outdated but still, it is the most preferential coin that was being used to such illegal and criminal activities. Up to this date, there's no way you can trace back the information either the sender or receiver for a certain transaction. Even the IP address or network where the transaction took place is impossible to decrypt. It ain't right to point out BTC alone, a lot of digital coins created follows Bitcoin anonymous feature which gave these fraudsters, hackers, scammers, and criminals a lot of options to choose from. As long a coin has its face value, these evil-minded people won't stop using cryptocurrencies for their wrong actions. exactly as long as they may know that they may have some chances on how they may able to get a lot of things out there and they may get to attached for it to take some criminal things to do for they may have and also this is may cause for them to do that and yet all of us or even that you have some knowledge about computer you may not able to trace and to know who may be one of the people that are behind on it.
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