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Author Topic: Dark use of Bitcoin  (Read 23315 times)
Lauff
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March 12, 2018, 03:53:14 AM
 #181

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.

Many people go to computers to get jobs, earn money, invest and do other things and not for negative use, maybe some of these bad guys are eager to commit their crimes, where they have learned to use and use bitcoin. for their crimes This may be one reason why other countries forbid bitcoin. And sooner or later, if the government will make all these illegal transactions using bitcoins, it may be possible to ban them around the world. Of course not, I use bitcoin for a good purpose. But I have read the article and or discuss about bitcoin used in illegal things, such as buying drugs, playing illegal games, purchasing unlicensed armor and others. It is a disappointment for anyone who uses bitcoin for a good cause.
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March 12, 2018, 06:36:32 AM
 #182

I think if we want to use bitcoin for illegal things then we can find many ways and maybe we can mention every illegal thing that we know. and I think in out there, there are many people which using bitcoin for illegal things like for buy bitcoin from the corruption money, buy a weapon with bitcoin, buy drug with bitcoin and else. but I am sure that there will be many people which using bitcoin for a good purpose and they still use until now and they don't want to use bitcoin for illegal things.

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March 12, 2018, 12:03:42 PM
 #183

every thing has some pros and cons.so yeah bitcoin has some dark side like if anyone want he can buy illegal stuff to use bitcoin and  there have some more darkside of bitcoin.
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March 13, 2018, 06:39:51 AM
 #184

Bitcoin use is the same with that of other currency of the world. Bitcoin can be use for both legal and illegal stuff as you rightly mentioned above but as for me, i don't use Bitcoin illegal activities and i don't encourage that act as it will portrays bad name for Bitcoin and crypto currency in general.
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March 13, 2018, 07:06:12 AM
 #185


It is possible to use bitcoin on illegalities the same with fiat. I am done with being something stupid and rebellious and now living silently as a good citizen. You can use fiat or bitcoin online, it depends on you. Bitcoin seems faster and convenient so I like it.
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March 13, 2018, 12:38:49 PM
 #186

1) Are you used Bitcoin to buy illegal staff Huh

2) which better to buy legal things  Bitcoin or Normal Bank system (PP, payer, cash,.............)
No! Not at all! I use Bitcoin only for positive things for my future. I use Bitcoin only as an investment asset and because Bitcoin has helped my family's economy a lot. So I also make Bitcoin my main job. I think if anyone uses Bitcoin with a negative thing, surely he will not tell.
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March 13, 2018, 03:42:34 PM
 #187

First of all, Bitcoin as a type of currency can be used for good or evil, there is not any difference between it and paper money. Paper money is used nowadays to buy and sell illegal weapons, drugs, and etc. Bitcoin is not the only cryptocurrencie. In fact, I believe the most used crypto for dark stuff is Monero, for it can't be traceable. Monero is also the most used currency on the deep web, which, as you should know, contains the wide illegal activity on the web (the clear web only disposes of minor crimes, to be honest). Now, as a new method of payment, of course, it can imply illegal actions, but it is not different from paper money, or, for instance, diamond illegal traffic, and a long etc.
Regarding your mean question (if anybody here has used BTC for illegal activities), well, I don't see a panorama where people here are going to confess to you such information, by obvious reasons.
Nevertheless, since the beginning cryptocoins (monero the most) has been used for dark activities, but do not forget every day paper money is used for this as well. Euro, Yuang, Dollar... they are daily the protagonists of war, illegal trading, slave traffic...
Where there is money, there is cruelty, for where there is humanity there is as well, cruelty.

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mistemb
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March 13, 2018, 03:46:29 PM
Last edit: October 24, 2018, 07:42:55 PM by mistemb
 #188

You can buy legal and illegal stuff with FIAT money as well , its not just bitcoin like those conman telling us

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March 13, 2018, 03:52:01 PM
 #189

There are even people asking for ransom and threats against those who are crank calling people telling them if they do not pay their taxes to the government they will be thrown in jail and are now asking it to be paid in bitcoin.

So these fraudsters are using it to commit their crimes in this manner differently from what they were asking their victims how to pay last year in this scam attempt to do with unpaid taxes.

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March 13, 2018, 11:59:28 PM
 #190

There are even people asking for ransom and threats against those who are crank calling people telling them if they do not pay their taxes to the government they will be thrown in jail and are now asking it to be paid in bitcoin.

So these fraudsters are using it to commit their crimes in this manner differently from what they were asking their victims how to pay last year in this scam attempt to do with unpaid taxes.
Many possibilities that bitcoin can do it also belong to currencies and we know that the most powerful thing on earth is fiat, illegal activities from gambling it also possible to happen. That's the reason for some countries refuse bitcoin to their place instead of embracing it.
Hopefully, people don't try this rebellion activity in your country that may destroy the image of bitcoin.
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March 14, 2018, 01:00:28 AM
 #191

i would never use bitcoin for anything questionable. you simply don't know how good law enforcement is these days and i'm not interested in anything questionable or good enough at keeping my anonymity up.

i'm kinda surprised bitcoin is still used at all when stuff like monero is now big enough to support a decent amount of commerce.
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March 14, 2018, 02:12:29 AM
 #192

i'm kinda surprised bitcoin is still used at all when stuff like monero is now big enough to support a decent amount of commerce.
There is already a shift going on to coins focused purely on providing anonymity, but it's a slow process. The thing is that the general public still has the impression that Bitcoin is an anonymous digital currency.

As long as people keep thinking that, and thus remain ignorant, Bitcoin will be their first choice for many more years. Monero has been around for quite a while now, and it's still lagging behind.

I actually expected Monero to do better in terms of adoption, but it's struggling to firmly position itself in the upper regions of this market. It's a coin providing actual usefulness, which is something 95% of the coins don't do.

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March 14, 2018, 02:17:58 AM
 #193

As long as people keep thinking that, and thus remain ignorant, Bitcoin will be their first choice for many more years. Monero has been around for quite a while now, and it's still lagging behind.

surely dark market adoption is down what the drug dealers dictate. if they refuse to take bitcoin then buyers have no choice but to go buy some monero. if i were in that line of work there's no way i'd be touching bitcoin any more. you simply don't know who's watching and their ability to figure things out.
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March 14, 2018, 02:24:04 PM
 #194

Silk Road was the first real use case of Bitcoin. It was mainly a market pace for selling illegal stuff. Anyway, today there are even "normal" merchants accepting bitcoin, althoguh with the higher transaction costs the number of these merchants decreases.
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March 14, 2018, 02:42:43 PM
 #195

As long as people keep thinking that, and thus remain ignorant, Bitcoin will be their first choice for many more years. Monero has been around for quite a while now, and it's still lagging behind.

surely dark market adoption is down what the drug dealers dictate. if they refuse to take bitcoin then buyers have no choice but to go buy some monero. if i were in that line of work there's no way i'd be touching bitcoin any more. you simply don't know who's watching and their ability to figure things out.
I agree with you that is one of the main reason too that some investors does not want bitcoin to come into their country as illegal transaction took place with it, which we really understood it as this is really not only for them but for all the people in their country.
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March 15, 2018, 02:05:52 AM
 #196

As long as people keep thinking that, and thus remain ignorant, Bitcoin will be their first choice for many more years. Monero has been around for quite a while now, and it's still lagging behind.

surely dark market adoption is down what the drug dealers dictate. if they refuse to take bitcoin then buyers have no choice but to go buy some monero. if i were in that line of work there's no way i'd be touching bitcoin any more. you simply don't know who's watching and their ability to figure things out.
I agree with you that is one of the main reason too that some investors does not want bitcoin to come into their country as illegal transaction took place with it, which we really understood it as this is really not only for them but for all the people in their country.
Don't be afraid of the negative effect that would happen in bitcoin as it won't  happen, if it does then it should be dead years from now but as we all know it is not, indeed the demand continues to rise despite the negative vibes that was happening from different country.
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March 15, 2018, 10:06:40 PM
 #197

There is a dark use of Bitcoin in some illegal activities like selling of drugs, money laundering etc. So we can’t state that Bitcoin is used in a hygienic way only. The reason behind the dark use of Bitcoin is anonymous transaction which can’t be traced.
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March 16, 2018, 08:26:14 AM
 #198


   In principle, the issue of the legal use of bitcoin is not correct, bitcoin is not recognized as a means of payment in no country, manipulation of it in the calculations is a dark business, no matter what you buy.
   It is also important to understand that illegal things can be bought for ordinary money, what is most often done.

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March 16, 2018, 11:19:40 AM
 #199

This is a bit stupid to buy illegal stuff with Bitcoin
BTC isn't the most secure currency
DASH, for example, is more convenient for that, level of security is much higher
(never bought illegal stuff btw)
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March 16, 2018, 12:13:25 PM
 #200

for this moment it is still more convenient to buy things via fiat, but I beleive in near future it will be much more comfortable to use cryptocurrencies
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