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Author Topic: Dark use of Bitcoin  (Read 4514 times)
AltheaHeart14
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January 25, 2018, 06:59:09 AM
 #161

Eventhough we can use it on illegal doings, because the transaction was untraceable, I dont feel doing it, first Bitcoin is not created to used for illegal transaction. As per payment, or buying legal things. It is still prefer to use normal banking system or money (real cash) because bitcoin  is not yet accepted for payment here in my country

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January 25, 2018, 07:49:23 AM
 #162

When we say illegal, it is against the law, defying the law will resort to jail if you are caught by the authorities. This is one of the reasons why some governments banned bitcoin and other cryptocurrencies in their countries for fear that somebody might use the virtual currency to do some illegal activities that may affect their national security and economy.
When buying some products through online, I prefer to use bitcoin first, and fiat if bitcoin is not accepted as payment.

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January 25, 2018, 12:28:39 PM
Merited by Xanxus024 (5)
 #163

I never used bitcoin for illegal things that is why some other people do not like bitcoin because they think it is bad and it is illegal don't make a bad image on bitcoin, well basically I used my bitcoin for my daily needs.

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January 25, 2018, 07:13:50 PM
 #164

1. Yes i am using bitcoin but not for illegal stuff.
2. It depends but in future digital currencies will take over hole word.   
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January 25, 2018, 07:28:08 PM
 #165

Actually i have no intention of using it on the illegal way.I personally use it all the time both for business and personal use, and I don’t use the dark web at all.I purchase my computer stuff,online gift card,airline tickets and hotels.

It is good for the cypto world if people use it only for the legitimate purpose else if many people start using this for wrong reasons than country will start imposing the ban and also the culprits would definitely come under the provision of the law of their respective country and would be dealt accordingly. But this would effect to rest of the people who want to use it for their personal or business purpose and want to make the best use of this technology.

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January 26, 2018, 12:38:09 PM
 #166

1) Are you used Bitcoin to buy illegal staff Huh

2) which better to buy legal things  Bitcoin or Normal Bank system (PP,payeer,cash ,.............)

I don't use bitcoin just to by illegal things , from the word illegal , I've been watch so many videos across the internet and suddenly I know what is deep web or the darker web. So they uses bitcoin just the buy anything that is illegal , and then back to the question which is better , I should say from bitcoin to just easier transact , and I used to buy legal things.

Eventhough we can use it on illegal doings, because the transaction was untraceable, I dont feel doing it, first Bitcoin is not created to used for illegal transaction. As per payment, or buying legal things. It is still prefer to use normal banking system or money (real cash) because bitcoin  is not yet accepted for payment here in my country

People are entirely different on how they would engage into things specially on bitcoin which we cant really avoid that there are people who do make use it on illegal stuffs how much more that bitcoin is really an anonymous stuff doing illegal things would be more lot simple compared on using fiat itself. Doing illegal stuff even not on bitcoin is already a big no for me. I would rather choose up to live on scarce rather than on doing those things. Local fiat would still remain no matter what and bitcoin is just an another good alternative.

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January 26, 2018, 01:40:56 PM
 #167

I haven't bought any illegal stuffs using bitcoins or any other banking system and for the second question, I think if it's the legal stuff then it doesn't matter if you are using bitcoins or normal banking system.
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February 17, 2018, 02:42:31 AM
 #168

1) Are you used Bitcoin to buy illegal staff Huh

2) which better to buy legal things  Bitcoin or Normal Bank system (PP,payeer,cash ,.............)

I'm not using bitcoin for some illegal stuffs , and I don't want , we all know that bitcoin can either use for good things and for bad things , it depend on a person on how he/she will use the bitcoin. And to the second question just like I said it can be both buying legal stuffs by bitcoin it can possible if , if it's legal on your country.

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February 20, 2018, 02:11:53 PM
 #169

1) Are you used Bitcoin to buy illegal staff Huh

2) which better to buy legal things  Bitcoin or Normal Bank system (PP,payeer,cash ,.............)

I'm not using bitcoin for some illegal stuffs , and I don't want , we all know that bitcoin can either use for good things and for bad things , it depend on a person on how he/she will use the bitcoin. And to the second question just like I said it can be both buying legal stuffs by bitcoin it can possible if , if it's legal on your country.
Of course no one will self admit that they are using bitcoin for illegal means like purchasing drugs or even worse funding terrorist activities. But all we are fun loving, just trying to earn bitcoins in our own little way. But for those who thinks that they can get away with it, you are wrong. Sooner or later the authorities will caught you through blockchain analysis.

I'm been lucky enough that I'm living in a country where bitcoin is totally acceptable by the government. I can freely buy/trade/invest on cryptos and I would not take advantage of it.
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February 21, 2018, 01:15:00 PM
 #170


  For illegal transactions, in my opinion, bitcoin does not fit, in such situations is much better suited - ZCash, Monero.

The use of bitcoin in the future can compromise your address.

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February 21, 2018, 02:26:11 PM
 #171


  For illegal transactions, in my opinion, bitcoin does not fit, in such situations is much better suited - ZCash, Monero.

The use of bitcoin in the future can compromise your address.

Cryptocurrency can use in any form of illegal activities this is one of the reason why governments are trying to regulate or even banning crytocurrency. If you want to use your holdings into illegal things, then better to be more careful cause you will surely suffer for that on the right time. I will not use all of my coins to buy for the things that can ruin my life, its your choice to do so


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February 21, 2018, 05:04:32 PM
 #172

If we refer to normal things the normal change is apt to what is apt in suitable appropriate to what things to exchange. Using bitcoin in normal things that bitcoin wasn't allowed to exchange why not use bitcoin. If it is normal ways of living in one place it is appropriate to use but if not don't use to nothing lose.

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February 22, 2018, 11:06:52 AM
 #173

Bitcoin becomes very useful for criminals who want to hide the money from their crimes. Because if they save money in the bank, the money from the crime can be easily traced. Bitcoin can also be abused by people who want to hide their income from government, and avoid paying taxes. Then, the state revenue from the tax will be lost because of the money that is not tracked. Not only in the criminal acts alone, the most basic lack of Bitcoin also occurs because of its unreal form.

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February 23, 2018, 06:27:16 PM
 #174

That’s a sensitive issue, we all know that illegal stuff can be purchased via bitcoins in some places of the web, but I am noticing that many legal activities are opening to bitcoin world, and that will (I hope) breaks the “illegal veil” that many people have about bitcoin and cryptos.
I see every day new websites that accepts Bitcoin as payment or simple donation, that’s a huge advance imho

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February 23, 2018, 08:10:06 PM
 #175

The analysis concluded that bitcoin will remain a main dark web payment method,but it will have a smaller market share.Litecoin and Dash will join bitcoin as an everyday payment method.

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February 25, 2018, 12:58:16 AM
 #176

1) Are you used Bitcoin to buy illegal staff Huh

2) which better to buy legal things  Bitcoin or Normal Bank system (PP,payeer,cash ,.............)
I never use bitcoin to transact, I think everyone is the same, do not use it.
Do you mean illegal stuff?

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February 25, 2018, 03:52:11 AM
 #177

actually, I only use bitcoin to withdraw to my local fiat so I can use the money to buy what I want or just to fill my daily needs and I think it is not illegal things for me. I think I still prefer to use bitcoin as a payment system than the other payment system like paypal because I have experience with paypal but sometimes I like to use paypal for buying something.
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February 25, 2018, 10:34:04 PM
 #178

If you want to buy illegal things, nothing can stop you and you can use anything either BTC or fiat. But the question is, which is much safer?. Bitcoin is anonymous. Is this good ? No, not 100% because if you transfer the payment to someones wallet, the wallet store it on its memory. If you convert it into cash like withdrawing on banks, you cannot trace the history but the cops will caught you on act. So whats the best option ? Dont do any illegal things.
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February 27, 2018, 10:32:58 AM
 #179

never, because  when illegal things buy, it will support crime.bitcoin is not illegal in my country then I bought bitcoin.


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March 07, 2018, 12:11:02 PM
 #180

Bitcoin becomes very useful for criminals who want to hide the money from their crimes. Because if they save money in the bank, the money from the crime can be easily traced. Bitcoin can also be abused by people who want to hide their income from government, and avoid paying taxes. Then, the state revenue from the tax will be lost because of the money that is not tracked. Not only in the criminal acts alone, the most basic lack of Bitcoin also occurs because of its unreal form.

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