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Author Topic: Dark use of Bitcoin  (Read 23317 times)
MCVXYZ
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April 30, 2018, 05:58:58 PM
 #261

In additional,I don't understand why cryptocurrencies attract critcism for wasting electricity,because usually people use more environmentally-friendly power sources such as hydroelectric and solar power,but if it wasn't true,even there'd no problems,because electricity can't be wasted,We just convert it to another material which we need more than electicity in concrete situation, today...I don't say that there are no problems but they will be solved,as I said by more environmentally-friendly power sources,So I just want to say that we often listen criticism which may be solved and they just use this to manipulate people,therefore market prices...
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Kriptomen_51
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April 30, 2018, 06:08:10 PM
 #262

It was the appearance of Bitcoin that made possible the emergence of black markets trading in banned goods online, 24 hours a day, around the world. But, as it turned out, the law enforcement agencies were well prepared for a new challenge. After several high-profile arrests of owners and customers of these resources, most of the most famous black markets were closed.
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May 01, 2018, 08:11:28 AM
 #263

It was the appearance of Bitcoin that made possible the emergence of black markets trading in banned goods online, 24 hours a day, around the world. But, as it turned out, the law enforcement agencies were well prepared for a new challenge. After several high-profile arrests of owners and customers of these resources, most of the most famous black markets were closed.


Pretty sure black markets existed before bitcoin.
Even ebay and yahoo auctions used to have some pretty crazy stuff back in the better days.
yurekaa
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May 01, 2018, 01:00:36 PM
 #264

In my opinion. very stupid if using bitcoin / altcoin for criminal acts. bitcoin / altcoin can change everyone's life for the better and can overcome unemployment problems. so it is regrettable if we can not use digital currency for positive activities.

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Danstan
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May 01, 2018, 01:51:48 PM
 #265



Some items can't be bought by paper money since it has potential when this dealers is caught by the police there will be 105 chance that your name is on the list of the buyer of illegal items, some you can buy it since your age is under 18 so some use it to enter some adult site to buy membership using Bitcoin and they will not be trace.
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May 02, 2018, 06:42:33 AM
 #266

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,.............)
I do not use Bitcoin in such a thing. I use Bitcoin in a very positive way for my life as well as Bitcoin. I use Bitcoin as an investment asset and as my daily job. Bitcoin can indeed be used in illegal terms because transacting with Bitcoin is very transparent. But better as a good Bitcoiner we have to keep the good name of Bitcoin to keep Bitcoin trusted by everyone.

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Fonebookhead
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May 02, 2018, 07:00:49 AM
 #267



Some items can't be bought by paper money since it has potential when this dealers is caught by the police there will be 105 chance that your name is on the list of the buyer of illegal items, some you can buy it since your age is under 18 so some use it to enter some adult site to buy membership using Bitcoin and they will not be trace.







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BennyK
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May 02, 2018, 07:54:56 AM
 #268

Bitcoin is a currency and it must be seen and regarded as such. Whatever the case might be, you will get some abusers who always use currencies either fiat or cryptocurrencies for illegal dealings. This is not an issue particular with Bitcoin or cryptocurrency alone. Even the USD is used in the trading of hard drugs.
It is all about the character and ambition of the person holding the currency. Bitcoin was created to enhance finance transaction by serving as a medium of exchange between entities involved in a trade.

Kambal2000
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May 02, 2018, 05:29:26 PM
 #269

Bitcoin is a currency and it must be seen and regarded as such. Whatever the case might be, you will get some abusers who always use currencies either fiat or cryptocurrencies for illegal dealings. This is not an issue particular with Bitcoin or cryptocurrency alone. Even the USD is used in the trading of hard drugs.
It is all about the character and ambition of the person holding the currency. Bitcoin was created to enhance finance transaction by serving as a medium of exchange between entities involved in a trade.
Bitcoin is widely known for it great innovation, its capacity to change the world and those transactions that is now accepting bitcoin, I don't see any dark use of it aside from some people would take advantage of it since transactions is anonymous and we don't know maybe it is widely circulating in the world already.
Username741
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May 02, 2018, 06:42:59 PM
 #270

I have never bought and are not going to, besides, normal people can use cash. In addition, bitcoin is also being monitored without any problems.

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Lounadolcy
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May 02, 2018, 08:20:41 PM
 #271

Every currency will be used for a mix of good and bad activities.
What's more important is how efficient the currency is at enabling those transactions, and how easy it is for enforcement agencies to do their job.
As one of my old bosses at Ripple used to say: “you want everybody - normal people, criminals - on the same phone network so you have one place to check. You don't criminals operating on a private network the regulators don't even know about.”
Bitcoin is used for good and bad transactions. But it's not very efficient at either.
ologoff
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May 02, 2018, 08:26:09 PM
 #272

Imho, the best way to buy illegal stuff is using cash.







Pls do not buy illegal stuff  Grin
ricebit7
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May 05, 2018, 05:15:13 PM
 #273

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.
renz0
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May 05, 2018, 11:11:51 PM
 #274

I believe whatever it is a cryptocurrency or fiat money maybe, you can do whatever you want with it.It's up to the person if he uses it in a legal or illegal  way and he is liable with his/her action.Yes we might be tempted to use it in an illegal way but once done,I am sure that they'll regret it in the end.
changcloy
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May 15, 2018, 01:34:37 AM
 #275

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 ,.............)
Buying illegal stuff using your bitcoin is possible but I never experienced using it all I do with my bitcoin is for legal transactions, We bitcoin holders should know much better that it is very wrong using it for illegal purposes that is why some places and some governments against bitcoin because of that bad motives for using it.
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May 16, 2018, 02:48:34 AM
 #276

I use bitcoin for good activities and do not break the law. such as trading with payment method using digital currency, trading coin. there are still many people who abuse digital currency for crimes such as corruption, money laundering.
I think other users don't care about that and besides we don't know what other people do what with bitcoin. why we judge too much? after all people come and adopt bitcoin because they want a freedom in doing transaction and decentralization makes it perfect? bitcoin offers freedom in finance right?
chengyinoing01
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May 16, 2018, 03:04:05 AM
 #277

A large number of domestic media exposes many dark some illegal trading, including drugs, smuggling, trafficking, arms, money laundering, etc., you can think of any illegal trading, can be in the dark to find online plain code marks a price. Here, these grey economies have two modes of payment, the first one is bitcoin, the second payment method is a very important hard currency for illegal transactions, and that is the lego toy.
BTCeminjas
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May 16, 2018, 04:01:23 AM
 #278

I use bitcoin for good activities and do not break the law. such as trading with payment method using digital currency, trading coin. there are still many people who abuse digital currency for crimes such as corruption, money laundering.
I think other users don't care about that and besides we don't know what other people do what with bitcoin. why we judge too much? after all people come and adopt bitcoin because they want a freedom in doing transaction and decentralization makes it perfect? bitcoin offers freedom in finance right?
All your questions are right, yes we have a freedom to do anything to our bitcoin but it depends on which country you are.
Being decentralized bitcoin we can still be used it even do it is prohibited in your country there are many ways we have to use.
Transferring your bitcoin to other countries with the help of your relative will mostly do if bitcoin banned their place.
jaocoincrypto18
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May 16, 2018, 07:14:10 AM
Last edit: May 17, 2018, 12:59:58 AM by jaocoincrypto18
 #279

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 understand on why you are asking about Bitcoin to be use in illegal things but to tell you straightly i was not involve in illegal activities therefore for me it can't be use in illegal things then no illegal establishment that will directly to accept Bitcoin as form of payment therefore cash will be the most common way of paying illegal staff but if they will have an special agreement to pay in Bitcoin then this will be possible too.
maydna
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May 16, 2018, 08:15:00 AM
 #280

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 understand on why you are asking about Bitcoin to be use in illegal things but to tell you straightly i was not involve in illegal activities therefore for me it can't be use in illegal then no illegal establishment that will directly to receive Bitcoin as form of payment therefore cash will be the form of payments for illegal staff. Except if they will have an agreement to pay in Bitcoin then this will be possible.

maybe he wants to know what our purposes for using bitcoin so he asks like that. I think many of us using bitcoin for any purposes since bitcoin cannot be a track for the transaction and we don't know who is the owner of each wallet. but I guess people using bitcoin because they want to make money from bitcoin and it attracts many people to join bitcoin and they are trying to earn more bitcoin. I realize that maybe in out there, there are people which using bitcoin for the illegal thing because they can feel safe for use bitcoin for anything they want.
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