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Author Topic: Dark use of Bitcoin  (Read 23460 times)
TIN1114
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October 03, 2018, 03:43:37 AM
 #341

I don't think bitcoin has been classified as illegal, a secretive one though but I don't think its illegal. I haven't bought any illegal things using bitcoin too. Though there are black propagandas and scammers out there using bitcoins and cryptocurrencies in general. It's a matter of weighing the risk because obviously bitcoin is much more risky than the investments offered by banks.
green547
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October 03, 2018, 06:32:13 PM
 #342

Detractors will often bring up the use of bitcoin to participate in illegal activities. Well, cash is used a lot more in drug deals an other criminal activities.  Not many drug dealers in my area are accepting bitcoin.....
Clavulanic
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October 03, 2018, 07:17:59 PM
 #343

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 ,.............)

1/ Define "illegal". What is legal in one country may be illegal in another. And some of the items which are not de jure legal may be de facto legal.
2/ It is up to you. If you get good deals with Bitcoin payments, then go with it.

Definitely we didn't have exact point on how we spent bitcoin for our daily lives, and partly that's right having freedom of decentralized bitcoin depends on how we finally deal with it in proper manners. In a certain country which bitcoin always in focus of, there's no circumstances when a specific transaction wasn't actually transparent to the authorities or a government body so no strict implementations for whatsoever dark uses. As long as it remains smoothly processed behind separation from fiat economy, I guess that's fairly successful to use regardless on how good or bad it is.

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KrishaBitcoin
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October 05, 2018, 05:14:54 AM
Last edit: October 05, 2018, 06:22:09 AM by KrishaBitcoin
 #344

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 ,.............)

For now i did not but i think if someone will use or spend Bitcoin to acquired illegal things then that person is an illegal too. If fiat currency can be used to buy good and bad things then of course Bitcoin currency too because they are the same currencies but only not the same plarform for spending. Some persons will easily use Bitcoin for their illegal means because of decentralize transactions but it is difficult to happen now because of regulation.

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Carrelmae10
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October 10, 2018, 04:29:44 AM
 #345

..i do use Bitcoin in a legal way,,because i do believe in the power of Bitcoin..because this give me a life changing moment..the negativity that Bitcoin give is that other people use it in a illegal way,,that's why other countries ban and treat Bitcoin as a scam..nevertheless,,it is good to buy something in your fiat currency because the volatility of bitcoin value is inevitable..

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Vishnu.Reang
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October 19, 2018, 06:23:37 AM
 #346

Detractors will often bring up the use of bitcoin to participate in illegal activities. Well, cash is used a lot more in drug deals an other criminal activities.  Not many drug dealers in my area are accepting bitcoin.....

As far as the drug dealers are concerned, there is only one form of currency that is 100% anonymous. And that happens to be fiat cash. Even Bitcoin is not as untraceable as fiat cash.
brr22
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October 24, 2018, 03:48:55 PM
 #347

You do not laugh yourself that lit? in my country they kill for a currency that is running (dollars or national) .. and where does the crypto (.. kill for a piece of bread ..
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October 24, 2018, 04:12:46 PM
 #348

When I was small, I went to kindergarten, everyone said to me, do not do this, do not give up this, I grew up = I had my own opinion, I put the dick on all consultants now, this is my life .. who will answer me the answer?
Tanya12356
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October 26, 2018, 05:35:10 PM
 #349

You do not laugh yourself that lit? in my country they kill for a currency that is running (dollars or national) .. and where does the crypto (.. kill for a piece of bread ..
What country are you in?? The first time I hear such things about such cases.!
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October 26, 2018, 08:41:49 PM
 #350

depending on culture in each country, there are countries that do not allow gambling, and include the use of crypto in it, as well as drug regulation and certain investment patterns, if it is still in the corridor that is not excessive, it should not be a problem.

every business has certain rules, even though it is not connected with crypto business, the equality of use that is not permitted in the fiat business must be equated.

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October 27, 2018, 11:19:13 PM
 #351

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 buy any illegal stuffs. Yes. Anyone whose using bitcoin can buy illegal things becuse no one can trace them except if they want some meetups. They're (fiat & bitcoin) like the same since you can still buy illegal stuffs if you really want to.

Just always be precautious in transacting.
bryant.coleman
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October 30, 2018, 01:00:00 PM
 #352

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 ,.............)

If someone had actually used Bitcoin to purchase illegal stuff, do you really think that they are stupid enough to brag about it here in Bitcointalk? As of now, you may be aware that the law enforcement agencies keep a close watch on forums such as this one.
KorakPawon
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October 30, 2018, 02:14:44 PM
 #353

I can't say that bitcoin is for dar usage or buying something illegal, bitcoin is also can be used for paying legal staff. The reason why bitcoin seemingly used for illegal things just because no one can trace it, unlike fiat money or credit card or visa. So, of course people with bad intention will used it exclusively. And as you know, buying illegal or legal thing is depend on the people, not bitcoin as the currency.
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October 31, 2018, 02:26:47 AM
 #354

I can't say that bitcoin is for dar usage or buying something illegal, bitcoin is also can be used for paying legal staff. The reason why bitcoin seemingly used for illegal things just because no one can trace it, unlike fiat money or credit card or visa. So, of course people with bad intention will used it exclusively. And as you know, buying illegal or legal thing is depend on the people, not bitcoin as the currency.

all currencies can be used for every transaction and what also happens in fiat, washing crypto money is indeed difficult to trace, but if there is strong regulation, the government will be more assertive in identifying all shipments of expedition services. Many things have no solution, but everything will return to the awareness of users and the government to continue to develop binding laws.

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October 31, 2018, 10:48:50 PM
 #355

I can't say that bitcoin is for dar usage or buying something illegal, bitcoin is also can be used for paying legal staff. The reason why bitcoin seemingly used for illegal things just because no one can trace it, unlike fiat money or credit card or visa. So, of course people with bad intention will used it exclusively. And as you know, buying illegal or legal thing is depend on the people, not bitcoin as the currency.

all currencies can be used for every transaction and what also happens in fiat, washing crypto money is indeed difficult to trace, but if there is strong regulation, the government will be more assertive in identifying all shipments of expedition services. Many things have no solution, but everything will return to the awareness of users and the government to continue to develop binding laws.
The regulation nowadays also affected bitcoin's progress in developing a good price, but it's advantages given us a great way to make bitcoin a much trusted crypto. Thus fraud actions will be determined quickly unlike previous year's scenario which made the bubble price became a bull run like impressions, but reality will speak that most of the dark sides of bitcoin was used actually.
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November 02, 2018, 02:41:20 PM
 #356

Very often I heard that drugs are bought through Bitcoin and merchants are paid a salary, anonymity will not give Bitcoin a bright future, as such it will be combined in many deadly sins!

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November 03, 2018, 05:49:17 PM
 #357

 Shocked Huh Shocked In my opinion,my and my friends never used BTC for any ilegal thing, but in our country i hear narcos are using BTC insteat fiat,and the police dont know so much about crypto.
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November 03, 2018, 09:10:55 PM
 #358

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 ,.............)
1. of course not but using bitcoin to buy illlegal things is only a descretion to a bitcoin holder. But, even if you can actually buy illegal staff it doesn't mean that you will not be compromise for some exchanges are implementing one time KYC doing transactions with them.

2. Bitcoin is a digital currency. It is also considered as an asset because of its nature the volatility and people were hoarding on it instead of using it as a form of payment. In this matter since bitcoin is volatile using it might loss the one especially if market price is down. It is not a good practice if one will use bitcoin as a form of payment if market is down.
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November 08, 2018, 04:23:11 PM
 #359

In the CIS countries, bitcoin has become accustomed to drug traffickers, many people have already been caught and are in prison for selling through bitcoin, and even sex services)))

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November 11, 2018, 09:03:36 AM
 #360

In the CIS countries, bitcoin has become accustomed to drug traffickers, many people have already been caught and are in prison for selling through bitcoin, and even sex services)))

But then, what is the proportion of the criminals who use Bitcoin, when compared to those who use fiat currency? As far as I know, the vast majority of the criminals prefer payments in fiat currency rather than in Bitcoin. The reason is that physical cash is much more anonymous than BTC.
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