mangkanor
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April 26, 2018, 05:18:47 PM |
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I therefore conclude that bitcoin's use are getting worst as most of the cindicates are using bitcoin's privilege to get what they wanted,which is total anonimity when they are doing their illegal businesses.This is the only thing that i see bitcoin's disadvantage compare to other currencies like what we have in fiat currencies.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Sihab76
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April 26, 2018, 05:23:33 PM |
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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.
Bitcoin isa digital virtual currency it is used in various activities, shipping, shopping, buying, selling, trading 💹 etc. Some illegal person use bitcoin as illegal activities ie smuggling. |
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coderben
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April 26, 2018, 05:45:35 PM |
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Smart people understand that there are illegal activites with real money too. So, this does not mean that only Bitcoin is used for money laundering. But people that don't do any research about Bitcoin will continue to blemish it without doubt.
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Rakesh_alejandro
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April 26, 2018, 05:52:03 PM |
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People gotta understand that illegal business always has the ways to get money and use money for its profit. So my point of view is that no one should blame crypto for dirty money. But it's sad anyway...
I think There are also cases where people buy and sell drugs or engage in illegal activities using fiat. Well, it's not a problem with Bitcoin but humans are involved. |
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cruzjoel12345
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April 27, 2018, 03:03:51 PM |
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Lot of people use bitcoin to do knavish things because sending bitcoin is just a piece of cake to anyone. In just a short span of time, you can receive it in your account that's why lot of people transact and negotiate in buying drugs, fire arms online and worst is scammers can easily get their victims and scammers run away with their victim's money.
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Rupok
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April 27, 2018, 03:22:13 PM |
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Bitcoin is like everybody, it's different.I do not know why everyone thinks so.It seems to me that Bitcoin has been moving the country towards progress.But some people think that drugs are selling with bitcoin.Drugs are sold by people even by real money.I think it's a misconception about Bitcoin in illegal countries.
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Farma
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Leading Crypto Sports Betting & Casino Platform
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April 27, 2018, 03:24:54 PM |
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Bitcoin is like everybody, it's different.I do not know why everyone thinks so.It seems to me that Bitcoin has been moving the country towards progress.But some people think that drugs are selling with bitcoin.Drugs are sold by people even by real money.I think it's a misconception about Bitcoin in illegal countries.
you're right, it's just a transaction for illicit drugs often in transactions using bitcoin in the dark web. well, we can not blame it, because it is also done by people today, even using fiat, or dollars. |
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Wish 107.5
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April 27, 2018, 03:34:52 PM |
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If Bitcoin will be used illegally; I think it will have a great impact to its image. I have a feeling that the popularity of Bitcoin will be lessened. Also, people may not trust it anymore.
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butcherme
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April 27, 2018, 03:38:42 PM |
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Well there is nothing new in that I mean it have a value and anonymity of the one who is using it.
So it is really perfect payment method for illegal activity and it is always been like that,
Bitcoin for scamming people ,Bitcoin as a payment for illegal things online(SILK ROAD).
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damrianto
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April 27, 2018, 03:45:08 PM |
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bitcoin for illegal activities is an appropriate call from some countries that have not yet legalized bitcoin activity in that country, because so many countries still do not approve of bitcoin as an activity to make money for the society and there are also some countries that have completely legalized bitcoin . because it is very influential for the finances of the country itself ...
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nory51
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April 27, 2018, 03:53:19 PM |
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Yes, many people too thinks that bitcoin is illegal for that kind of people who use it from illegal for that many people thinks that bitcoin aims to illegal activities but many people didn't know that bitcoin can pay they dailylifestyle and better source of income
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yerger
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April 27, 2018, 04:01:24 PM |
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Anything can be used for illegal activities. So why just BTC which blamed for it. To buy drug you also can buy with real money and no one blame money for that. Bitcoin just currency, and it's not kind of illegal activity.
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anussayme
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April 27, 2018, 04:04:23 PM |
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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.
Yes, in my country Bitcoin is a government bond, anyone who wants to invest in a virtual currency must evade government interference because if authorities discover that they will seize it Both the money and the detention of investors. |
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tanginamoo
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April 27, 2018, 04:06:41 PM |
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Yes, many people too thinks that bitcoin is illegal for that kind of people who use it from illegal for that many people thinks that bitcoin aims to illegal activities but many people didn't know that bitcoin can pay they dailylifestyle and better source of income
You are definitely right about that, some people don't want to get involved in bitcoin because they see it as illegal or a way to do illegal things, what they don't know is that bitcoin can really help with our financial issues. |
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emath7
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April 27, 2018, 04:17:13 PM |
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This is the point that the states are discussing now. Due to its structure it can be used in illegal activities and it is almost impossible to trace the people who use Bitcoin. But the currencies used at the moment are being used illegally. Gold is not used legally anywhere in the world. This does not reduce the value of gold and money. You can not prevent it from being used in these areas. Someone will use it all the time. We have to leave their negative side and see their positive side. When shopping with Bitcoin, what's changing in our lives? What are the conveniences that have provided us? We need to look for answers to these questions ...
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wallstone
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April 27, 2018, 04:22:55 PM |
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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 created to help people and provide more options in buying goods and services in the market. Bitcoin is doing what a money system supposed to do. If people with not so good intentions use it to acquire illegal goods, then regular money is nothing different. |
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Larva14
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April 27, 2018, 04:26:39 PM |
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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.
Being used to buy drugs and other illegal goods is out bitcoin's regulation. What I think should be the solution for this is that the government should fight the drug dealers and not the bitcoin. They should focus more on how to keep the production of this illegal goods and how they manage to stay in the demand. |
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Peashooter
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April 27, 2018, 04:31:17 PM |
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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.
The legality of bitcoin is a touche subject and people have different views in the issue. But I don't think bitcoin is accountable for being the payment for illegal transactions. The government might just only searching for something to blame and bitcoin just happens to be new so they took adavantage ruinning its inage. This is sad how a good innovation is being downed by some people's intentions. |
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surbanaB
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Buy, sell and store real cryptocurrencies
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April 27, 2018, 04:33:00 PM |
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In fact, Dollars or other local currencies are still being used in illegal activities, so some people used Bitcoin in illegal activities is very normal and i think that it dont have to the fault of Bitcoin because bitcoin can't choose people who will use it. But illegal activities did many people who dont have much knowledge about Bitcoin, think Bitcoin is bad and government also prohibit Bitcoin by this. Beside, it can affect the growth of bitcoin in the future.
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toral host25
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April 27, 2018, 04:36:49 PM |
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back again before you really know Bitcoin, illegal drugs using paper money is not it? so I will analyze this that my future technology is confident that bitcoin will have good growth in the future so there will be a lot of new things for bitcoin development Smiley
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