Is bitcoin used by criminals ?

[afanase]

We cannot rule out the possibility that it is used by criminals. But this is common with other forms of payment as well. I know a lot of people using stealth PayPal acccounts to make shady purchases or receive money for illegal work.

[1714591466]

1714591466

[1714591466]

1714591466

[Steadfast20]

From the start, I expected that this will happen in the future since bitcoin as a value and anything that has value can be traded into another thing. Fiat money has been used by criminals in their bad activities so using bitcoin by the criminals is expected.

[Teddy1968]

 Based on the article I read it. There will be a positive side that I think they didnt do that. I wish that the article ive read is not true because I see bitcoin helps many people rather then use it for killing and their criminal acts affect the bitcoin lagality in the eyes of the world. so bitcoin would be hard to get the legality of the world as a means of transaction.

[gribble]

criminals use everything. They steal millions of $, but no-one talks about banning $, the same should go with bitcoin or any other cryptocurrency.

Yes you are right, basically the crime doesn't see digital coins, fiat currencies and other things even the knife can be used for crime, but doesn't mean the knife is bad or wrong, so do with the bitcoin. We know that the bitcoin is new innovations and technology behind of the blockchain and it is not tool of crime, should the people doesn't blamed the bitcoin everything depending on the users who used the bitcoin.

[zhangfeng666]

Bitcoin is an encrypted currency because it is anonymous.
Because of its anonymity, criminals use it to commit crimes.
But it cannot be blamed on bitcoin.
And there is only a tiny fraction of the bitcoin that criminals use.

[dongosquad]

Based on the article I read it. There will be a positive side that I think they didnt do that. I wish that the article ive read is not true because I see bitcoin helps many people rather then use it for killing and their criminal acts affect the bitcoin lagality in the eyes of the world. so bitcoin would be hard to get the legality of the world as a means of transaction.

Until now that's the problem. The government realizes that bitcoin (cryptocurrency) brings many benefits, but there is a negative side that the government is concerned about: the use of cryptocurrency for criminal tools. The government can not control completely.
Thus, one of the preventive actions that some governments can take to protect the people and their economic stability is to ban bitcoin.

[bgsmrtftboy]

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.

Everything has both good and a bad side. Any transaction with regular debit or credit cards can be monitored and controlled by banks and government.The same way traditional money is used by everyone including criminals.

Not only Bitcoin but many other crypto currencies are being used by criminals. More effective as other coins such as Monero which provide full anonymity and completely un-traceable transactions for it's users.

[cramcram21]

Any currency could be used by the criminals bitcoin is just the best for them ,
Because of the anonymity and you could have an easy access in bitcoin ,
This is the best currency to be used by the criminals letting them use it without living a trace.

[Scavagers]

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.

since bitcoin is becoming popular, many people are using it including criminals for their illegal activities. I once watched from the national tv in the news that there are some criminals caught by doing illegal transactions and they used bitcoin as a medium of exchange, they said bitcoin is easier to use when transacting and it does not include your real identity that is why they can use it for illegal things. This is what government see in bitcoin, they look at it as a threat and not thinking about the positive things that it can help in the economy.

[reck1ess]

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.

Bitcoin is indeed for everyone that is why even criminals are able to use it. And the advantage for them of using bitcoin is that they can be anonymous while trading or buying illegal things since transaction cannot be tracked.

[Stigmuu]

We dont know bitcoin now is very popular..if they used it..anyone could do so..whatever they wanted to spend it they can do so..

[Adamant06]

We dont know bitcoin now is very popular..if they used it..anyone could do so..whatever they wanted to spend it they can do so..

I think mainly,because many people think Bitcoin is anonymous, when in fact it’s the opposite.All Bitcoin transactions are transparent for the whole world to see,although people might not be able to link the identity to Bitcoin.Bitcoin might actually turn out to be one of the safest and least ‘bad’ ways to use money, it doesn’t mean that criminals don’t use it. Just like normal money, they do.

[Yankae]

Maybe yes, crypto currencies are untraceable for making any transactions, which is very helpful for them to hide their identity for every transaction they do. So it's nearly possible that criminals may also used crypto currency for their criminal activities.

[intoy_victor]

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.

It could be possible. It's normal in any cases there are always a good and bad guys. Because the criminals or terrorist don't have a source to get there financial everyday and there needs they use bitcoin as there transaction.

[BumbleBeast27]

News has circulated about a possible Isis supporter sending Bitcoin to an alleged Isis member... I have no idea if this is really confirmed.

[jakoylantern]

For me, yes criminals can use bitcoin because bitcoin is for everybody that willing to use it and can use it in anonymously. Back in the days that I read some article that said someone gets caught because of selling drugs and he is using bitcoin as payment. Also, is the main reason for another country that bans bitcoin because of its anonymous user and its ability. Bitcoin is a very significant technology and an excellent digital currency many people become wealthy by the help of it. So, don’t abuse the capability of bitcoin to do some evil stuff or become a lawbreaker. 

[Granslam]

Yes, bitcoin is sometimes used by criminals especially by those inclined in the crime of kidnapping and then asking for ransoms. Because it was nearly impossible to trace the user and it's overall security that it gives. moreover, bitcoin has been the main target of internet hackers in the past few years mainly because of its high monetary value.

[bobrova]

Since there is lot of money involved, it is certainly being used by criminals. Seeing the returns, they must have also invested in Bitcoins.

[Jessica2009]

               Bitcoin is not always used by criminals or for criminal activities, may be bitcoin can be used for good or bad things it depends to the person who handles it .We cannot force anyone to do what we wish it is up to themselves only. Can we agree with a person who possess fiat currency not involving in bad activities  like using for illegal activities on buying drugs and weapons .For using in criminal activities Bitcoin is not the reason.

[roshanface123]

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.

I don't have any direct knowledge about criminals are using bitcoin for their illegal activities. Even I'm also known about this is by reading  and analysing about Bitcoin in forum and articles.