Is bitcoin used by criminals ?

[Karakyli]

Criminals increasingly use bitcoin for illegal transactions, preferring crypto-currencies, whose transactions are more difficult to track.
Annually, up to 200 billion dollars of illegal profits are laundered, and although virtual currencies are the main tool for money laundering, criminals switch to lesser known coins, such as Monero.

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[gabinsight]

Well due to the anonymous nature of trading Cryptocurrencies, it is clear most individuals with bad intentions would fancy using it for some bad transactions.

[THATBTC]

I once read an article that says bitcoin is used as a payment transaction for terrorists and hackers. And maybe you guys in this forum also already know it. But here i want to convey my personal opinion in that matter. I think that internet and bitcoin interrelated. Many terrorists and criminals use internet .so also with bitcoin which used perpetrator However, despite all these issues, do people make concrete efforts to ban the internet? No. Not because removing and banning Bitcoin is difficult, but because the internet offers more positive than negative. For the same reason, we have to be more careful about our mindset for Bitcoin, because much evidence has shown that Bitcoin brings many positive, if not more, effects than the internet. Internet and Bitcoin are just devices that 'bad guys' and 'good people'. Fortunately, the world is filled with more people in the 'good people' category.

Yep, this is a possibility due to bitcoin it's for everybody

[kasianov77]

I doubt that now bitcoin is used for these purposes, because after all, the history of transactions can be raised and if you try, then restore the chain of actions.

[zavox77]

There is often public misconception that Bitcoin is mostly used by criminals. A notice to people using Bitcoin for illicit purposes: you can run, but it’s getting a lot harder to hide. Law enforcement officials are using Bitcoin’s public ledger, called the blockchain, to follow the digital money and track down suspected criminals using it.

[ronaldsam]

Criminals can use bitcoin because of today's many high tech things. and nowadays so many badly people so it's impossible to do that way to get rob. they can use bitcoin in criminality for example they can steal the bitcoin money.

[HitbtcSCAM]

Yes the US government uses bitcoin!

[Nadirbil]

All people could use btc, criminal too

[1jaffa1]

I am a little bit tired of hearing stuff like this. Bitcoin is implicated to terror activities, to illegal activities, to the deep web where everything appears to be illegal thus underground, and so on. There is no point really to generalize anything at this point as a some kind of tool for terrorists.For those who are easily affected will definitely consider bitcoin very bad.

[kb24mvp]

The preferred currencies in Deepweb right now are Monero and Ethereum. Bitcoin is hardly favored by anyone there, since its anonymity is not 100% guaranteed. So the argument that government want to ban Bitcoin due to its association with Deepweb doesn't make any sense.

[aquantivis86]

Money is used by criminals. that's like finding out businessmen use money. so yes of course crypto currencies will be used for crime. there will of course be plenty of articles about how evil people are using some scary new technology. it's a topic that draws readers and that is often sadly all a journalist cares for anymore rather than informing their readers. so whenever this comes up: "criminals use Bitcojn!" just remember that: of course criminals use money.

[SadEmo]

Of course bitcoin is using by criminals! It's perfect currency to make transactions in darknet because it's can be tracked very hard. I think that criminals isn't biggest problem of bitcoin anyway.

[karisiak123]

we do not know if bitcoin is used by criminals because anyone can join in bitcoin.
therefore we must be careful in entering the address of the wallet do not let the private key in the input .. because someone can intend evil when there is a chance

[fiend91]

I havent heard it but it may be used by criminals. Since it's not a trackable business, it is easy to abuse the platform. You shouldnt think that its not our concern if we feel safe and use this for a better world.

[jlong187]

Yes. I saw it with my eyes, in a deep web there is only bitcoin to provide all those filthy transactions anonimously

[Craigjohnstone]

It’s like saying do criminal use money? Yes.. do criminals use online decentralized money? Yes of course. A LOT of criminals now use Monero now.

[qtronix]

Criminals use currencies that only exist in this world. And bitcoin, unfortunately, is no exception. But according to the latest analysis, bitcoin is used much less than all other currencies.

[bitvelk]

This is just a stereotype by which skeptics are trying to worsen the image of bitcoin. In fact, the number of criminal transactions with bitcoin is negligible.

[warkop121]

I know we are still at the beginning of cryptocurrency, but bitcoin grows at lightning speed now and some banks have seen it as a potential threat.
There are many allegations from banks, that bitcoin is perfect for money laundering and is used to support crime. and They can ignore it or arrange for various provocations to discredit it. People who have the mindset that bitcoin is being used by criminals and should be banned very defects. Cooking knives are also used by criminals, or specifically murderers to kill, but does that mean a knife should be banned? No. Because a knife is not made for that purpose. Same with bitcoin and other cryptocurrency.

[GoneRogue2018]

Fiat is used by criminals more than crypto ever has.