Bitcoins for illegal activity

[joromz1226]

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.

Since from the start we all know here that bitcoin can  really be use for illegal activities and can also be use for good but as I was saying before we must not abuse bitcoin in any form of illegal things as much as possible.

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[eekkaa]

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.

bitcoin is actually a bitcoin free payment tool to do anything but it is very sad if bitcoin we use for actions that are not good such as money laundering and blackmail money will make bad bitcoin.

[JohnBitCo]

Bitcoin has some advantage and disadvantage and its all up to us how we manage it. Its true bitcoin is involve with some illegal activities. Most of drug dealer use the bitcoin to sell dungs because they know Government can't trace it . Its a big advantage of bitcoin that it can't be traceable.

[Palider]

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.

I've heard some news too , people selling drugs to internet what so called , or what they called the black market where you can access to tons of drugs in some lower price , but wait there's more not just drugs but illegal guns. The most famous crime or news is the what so called the silkcoin , it's the same and can buy drugs and tons of guns. By this illegal sites bitcoin becoming ugly , by this illegal activity it creating a bad image through bitcoin industry and yes it's the one of the disadvantage of bitcoin. On the other hand bitcoin is a internet money and yes a money , where you can buy anything and whatever you want. But it depends on a person on how will they used it , on which things they wanted to buy , it depends on the person on how they value their money or bitcoin.

[Ejanend]

It will definitely happen because we all have the freedom to use our Bitcoin.

It is right everyone is free to use bitcoin but it is not good to take the disadvantage of bitcoin, bitcoin has a lot of positive things in it so we should show our positive attitude for bitcoin and should spread positive information related to bitcoin, bitcoin is increasing in price and if people will use bitcoin in legal activities only then it will increase in power and government will also support bitcoin at international level.

[chocomartin]

Bitcoins aren't the problem the issue is with the people who would use them for such purposes. Same with fiat currency, they're used for both legal and illegal activity but that doesn't necessarily make fiat currency bad.

[gakadem]

it is a human error instead of bitcoin, if any group or person uses their bitcoin as a tool of forbidden transactions, of course it needs further action, because it could damage the name of the bitcoin itself, and it impacts us miners, bounty workers, or bitcoin investors

[just a man]

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.

bitcoin is actually a bitcoin free payment tool to do anything but it is very sad if bitcoin we use for actions that are not good such as money laundering and blackmail money will make bad bitcoin.

Criminals and regular people can spend Bitcoin, that is why Bitcoin is so popular. It is not a biased currency system.

[webdevmastery]

This is possible, Bitcoins is illegal in some other countries and governments are banning bitcoins because they are scared that bitcoins can be used on illegal activities like buying drugs and i hope that in the future there will be more ways for bitcoins to create a secured transaction to avoid banning of bitcoins all over to different countries.

[valentine401]

Some of the people are telling that bitcoins are only used by those terrorist to buy drugs or guns and this are illegal transactions and most of the government are avoiding this kind of transaction to circulate in their country.

[jaocoincrypto18]

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.

All kinds of currecies could be use in illegal activities, not only for drugs it can be use in smuggling, guns, explosives and even in scam investment too but the good thing is that we could regulate the use of digital currencies especially the bitcoin. The regulation policies will ensure that bitcoin will not be use in illegal activities because all digital transactions can be monitored well by the government.

[prieaji]

many people are using these bitcoins nowadays even they use to buy and sell drugs or engage in illegal activities using fiat, which I will use bitcoin legally because bitcoin for me is the main income.

[Nanot]

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.

Since bitcoin was electronic money and they can also consider as a currency that creates a big help in terms of financial provition...since the bitcoin price was too high when you convert it into cash.all you need to do is how you should used this money. It is all depends on how do you spend and manage your money in a good way or bad way... it depends on people who used it. It cannot reduce its value and usage when you are able to know how to manage it seriously.

[shinjunobi09]

There are limitations on how we can influence the mind of other persons because even though bitcoin is not yet created illegal activities are on-going everywhere so we cannot pinpoint or put the blame on bitcoin alone because this has happen already on some activities. So it really depends upon the persons point of view of whether he think bitcoin is really one of the source for that kind of activities.

[kolbalish]

Yes,Bitcoin used for illegal activity. There are many people who are connected to illegal activities use Bitcoin as their working payment. For this,Bitcoin is used for illegal activity.

[anjaydut]

Maybe some people do use bitcoin for crime, but not everyone thinks that way. Bitcoin is too valuable even to be wasted, is not making yourself addicted to drugs is a folly.
But greed is the true nature of man, they will do many ways to satisfy their passions.
Not just by using bitcoin, many other valuable things like gold or paper money that can be used to buy drugs. It also depends on their thinking, if they choose to ruin their lives then drugs are the best

[Noesly]

All of us we give a good opportunity to extra income in bitcoin, but if bitcoin use for illegal activity I think it is not good bitcoin gave us opportunity to use a good job to help our expenses not to use a illegal activity.

[RanieriClaudio168]

Of course, everything can be done with Bitcoin, but marketing of Drug Sell or encouraging it is not the problem of Bitcoin this is really the problem of people If money transfers in large quantities are concerned, how much money do you have for 10 Bitcoin and you use it in your purchases? it is so dangerous.

[justBorn]

Yeah, it's not new in our world. other people used bitcoin to scam somebody withou any hesitation. As long as they are earning from the money of other they don't care. So dont be shock in our world.

[RanieriClaudio168]

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).