Bitcoins for illegal activity

[digitalgame4life]

I hate it when media is spreading nonsense about Bitcoin and cryptocurrencies as a whole, Bitcoin NOW is not used for criminal activities, if you talk about Wall Street using bitcoin to make money I am oke with saying it is used by criminals, only thing it is not used for drugs, trafficking or other types of nonsense, Bitcoin now is too well known to be usee for those purposes, there are other coins more private than bitcoin, XMR for example.

[Shamie1002]

As long as money is involved there will be criminality. Also, due to banning of cryptocurreny exchanges in some countries there is no doubt that many will be against it leading to more criminal liabilities. More or less those who need to have a decent income will get involve because it's already considered as illegal in their country

[Oceat]

I hate it when media is spreading nonsense about Bitcoin and cryptocurrencies as a whole, Bitcoin NOW is not used for criminal activities, if you talk about Wall Street using bitcoin to make money I am oke with saying it is used by criminals, only thing it is not used for drugs, trafficking or other types of nonsense, Bitcoin now is too well known to be usee for those purposes, there are other coins more private than bitcoin, XMR for example.

Those who doesn't know about cryptocurrency will tend to bark more and more because they doesn't know and understand everything of Bitcoin. What they heard about Bitcoin is what the same people like them told the same story. On the other hand those who know more about Bitcoin doesn't bother to explain it to them, well maybe because it's a waste of time to explain it to them since their mind is always closed.

[Creating N Action]

I believe that bitcoins was created not for illegal activities. The government is the one that decided to allows bitcoin in every country that's why we can't say that bitcoins is for illegal activities. This bitcoin was created just gor the good and right activities to help many people to earn and save money that can use for theur future. But if bitcoin was used for illegal activities many people affects very much. The people will leads to harmful activities or leads from dangerous. I believe that bitcoin is not for illegal activities why this was created by the known people and organization.It was created for all people to have a better job that can earn an exyra income to help theirselves in different things and to change their lives. And Lastly, we believe that here in our country we are not fun of illegal activities, that's why we say no to illegal activities.

[coinholic]

This is expected. Society’s bad elements will do and use anything for their illegal activities. Bitcoin is no exemption since it is freely accessible and anonymous. But Bitcoin is not to be blamed. It’s the people using it are the culprits!                                                                                                                                                                                                      

[blckhawk]

Well, it is not the problem with Bitcoin but the human involved. There are also cases whereby people buy and sell drugs or involve in any illegal activities using fiat.

Indeed, the only problem is us not the coin itself. Few of us tend to use bitcoin in evil deeds because of its anonimity, they know that they will not be discover. And that is why other country ban the bitcoin because they think it as a threat.

[makolz26]

This is expected. Society’s bad elements will do and use anything for their illegal activities. Bitcoin is no exemption since it is freely accessible and anonymous. But Bitcoin is not to be blamed. It’s the people using it are the culprits!                                                                                                                                                                                                      

What we can do for that we cannot please everyone,we all have different views on how to reach our success or what to do for us to earn money. And many people wanted to have a free money so they are using bitcoin since bitcoin is on the rise, they are using bitcoin for their own benefit not to help other people.

[378budiman]

not a problem with Bitcoin but those involved. they have said this since the beginning of bitcoin, even fiat is also used in illegal transactions so you do not see any problems. it depends on the person how they want to use their bitcoin.

[batang_bitcoin]

Bitcoin has been bad in the minds of those people that are not willing to learn thoroughly with it's development and everything regarding it's growth. Bitcoin is decentralized and everyone can use it freely on everything what purpose they desire to. Dollars, Euros and other local currencies too are being used through illegal activities so looking at bitcoin that way is normal before but don't forget that there are also people who are using the "legit" currencies for their illegal trades. This is not a really good comparison today.

[aljun107]

Yes bitcoins are really used for illegal activities back then but as of now,It is already considered as an investment and as a source of income by many users.Fiat money is also used for many illegal activities so you cant really blame the bitcoin.

[kier010]

not only bitcoin also other currencies and anything that can be traded can be the source of illegal activities. as long as there is a corrupt mind he/she can do illegal things.

[Malaya]

As this is bitcoin's nature, we cannot avoid that people will think bad ways on how they can use bitcoin especially in the black market or illegal transactions. But be cannot also say that this does means that bitcoin is a bad thing because it's definitely not.

[steveabrahams]

From recent news in India it is heard that bitcoins are used to sell drugs..I know its a currency and it is also used as a normal money... but these can create a bad space in people's mind that bitcoins are used to sell drugs..so they will not use bitcoins... Conclusion is that BTC is also a currency which is having a high value in the market..and bitcoins must not be used in these illegal activity which can reduce its usage and value.

No one can control bitcoin man, everybody can use it even for illegal activity too. You can't say bitcoins must not be used in these illegal activity because bitcoin is same like other currency/fiat. People can use bitcoin for dark activities like buying drugs and other illegal activity.

[mickeybuddy27]

Well, it is not the problem with Bitcoin but the human involved. There are also cases whereby people buy and sell drugs or involve in any illegal activities using fiat.

Indeed, the only problem is us not the coin itself. Few of us tend to use bitcoin in evil deeds because of its anonimity, they know that they will not be discover. And that is why other country ban the bitcoin because they think it as a threat.

I agree to that. Bitcoin is good to use in different transactions and other people take that opportunity to used it even in illegal services because it is hard to find out who are the people involve in it. There are people who abuse the use of bitcoin and become greedy to earn more profit. The government have to make an actions on that and only banning bitcoin is their only way for that.

[TomUyamot]

From recent news in India it is heard that bitcoins are used to sell drugs..I know its a currency and it is also used as a normal money... but these can create a bad space in people's mind that bitcoins are used to sell drugs..so they will not use bitcoins... Conclusion is that BTC is also a currency which is having a high value in the market..and bitcoins must not be used in these illegal activity which can reduce its usage and value.

Here is the truth: every kind of money or currency is probably already used to buy or pay illegal stuff and so many kinds of services that are against the law. Everybody knows that. And those people who are studying deeply about Bitcoin before they joined the community will definitely understand that since Bitcoin is widely acceptable to certain parts of the world, it could also be used for these illegal activities. But it is not the only thing that counts. There are some other convincing reasons to join Bitcoin.

[ellabanana]

Anything can be used for illegal activities. Even bitcoin might be used by those criminals or should I say they have been using it. But, actually I don't have any idea like how they are using it. I just know that it is possible since it's a currency, so it has monetary value and it matters..

[xnuggets]

Bitcoin has no trouble with it, but it is on the people on how they use it.
Bitcoin is decentralized, peer-to-peer system, no transactions and records, efficient to all people.
People use it's advantages, especially, the drug users, if it's going to be prohibited, It will violate the no transactions and records.

[Sithara007]

This is expected. Society’s bad elements will do and use anything for their illegal activities. Bitcoin is no exemption since it is freely accessible and anonymous. But Bitcoin is not to be blamed. It’s the people using it are the culprits!                                                                                                                                                                                                      

That is my point as well. Most of the drug purchases in the street are done using fiat banknotes. But I haven't heard anyone blaming the fiat money for drugs trade. Why is it so? And we need to remember that physical cash can be more anonymous than Bitcoins.

[armansolis593]

Well, it is not the problem with Bitcoin but the human involved. There are also cases whereby people buy and sell drugs or involve in any illegal activities using fiat.

Indeed, the only problem is us not the coin itself. Few of us tend to use bitcoin in evil deeds because of its anonimity, they know that they will not be discover. And that is why other country ban the bitcoin because they think it as a threat.

I agree to that. Bitcoin is good to use in different transactions and other people take that opportunity to used it even in illegal services because it is hard to find out who are the people involve in it. There are people who abuse the use of bitcoin and become greedy to earn more profit. The government have to make an actions on that and only banning bitcoin is their only way for that.

I think that is their only option to stop illegal activities in their country involving bitcoin, its really hard to trace people who uses bitcoin as a source of payment for drug etc, but for sure there will some a time that they will unban bitcoin because there are lots of good things bitcoin can do than evil ones.

[markdario112616]

It's not new as long as there's money involved it can be used in any types of activities, there are a lot of news that spreads some of them were true and some are not in which they use Bitcoin to be the mode of payment in every transaction they made. Some of the syndicates or criminals took advantage of the anonymity as they can effectively transact with other groups without sacrificing their identities plus since the market is decentralized it is hard for the Government to track them down. Much worst some of the officials engaged in such activities (Conspiracy Theory).