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Author Topic: Is bitcoin used by criminals ?  (Read 5044 times)
Ian11
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February 03, 2018, 11:58:10 PM
 #541

For me is no, because criminals taking or earning money through their bad action in their victim.  While bitcoin, we earn it by our patience  and being a industrious person, and earning bitcoin is not easy like crminals do.
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ICO BLOG
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February 03, 2018, 11:58:41 PM
 #542

That Is real big issue for sure...
propagate
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February 04, 2018, 02:34:48 PM
 #543

The same way the currency we have been using for a very long time is being used by criminals, that it is the way bitcoin is being used by by criminals too. Anything valuable has a tendency of being misused.

Indeed.  All the spin about bitcoin being used by criminals in the media is there to sway public opinion on it thus encourage people not to get into it.  This is most likely the stance all mainstream media has as they are all controlled by those that also control FIAT money.

carlbreezy
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February 04, 2018, 03:05:26 PM
 #544

For me is no, because criminals taking or earning money through their bad action in their victim.  While bitcoin, we earn it by our patience  and being a industrious person, and earning bitcoin is not easy like crminals do.

The point here is that criminals can transact using bitcoin. Anonymity is their edge.
halenephthys
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February 04, 2018, 03:19:42 PM
 #545

I think so. For me, criminals will use any kind of medium just to do crimes and take advantage of other people and bitcoin is not an exception. As a matter of fact, illegal transactions can be may made here as the transactions happening here can not be tracked especially by the government as the transactions may happen only between the users directly. Also, the anonymity bitcoin offers may attract the criminals. Well, criminals are not only those who use guns and knives, even people who are here just to scam may be called criminals. Crime is a crime whether how small or big it is.

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AmericanBit
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February 04, 2018, 03:24:37 PM
 #546

Yes bitcoin is used for criminal purposes, but not only bitcoin, any currency or asset is often used for illegal actions. Bitcoin is just one of the ways to make crime more difficult to investigate.
giogio0504
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February 04, 2018, 03:42:18 PM
 #547

Bitcoin is often used as payment method for illegal job or for buying illegal staff, as it is decentralized. So I do not think that it is smth new about bitcoin
lfc_san
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February 04, 2018, 03:57:50 PM
 #548

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.
Yes, it is .. I think this is the concern of many countries. Bitcoin can be beneficial to criminals because it can not be traced easily to the identity of the culprit. If it is so difficult to remove the presence of bitcoin, each country may have to cooperate with the bitcoin owners to discuss this issue.  Smiley
katarin2030
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February 04, 2018, 04:36:41 PM
 #549

Bitcoin is often used as payment method for illegal job or for buying illegal staff, as it is decentralized. So I do not think that it is smth new about bitcoin
Bitcoin is decentralized currency just need internet and computer or mobiles to operate so that anybody can use bitcoin. So who knows who will operate it, all chances are there to bitcoin can be used by the criminals, it's very difficult to track them.
trickyriky
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February 05, 2018, 10:40:58 AM
 #550

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.

Blockchain and Bitcoin are effective high-tech ideas that are oriented on improving the world and economy. But it doesn’t mean that this couldn’t be used by criminals. There were some cases with drug dealers which trade for crypto.
9emb3lelit3
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February 05, 2018, 06:14:52 PM
 #551

criminals are dibitcoin is (hackers), so always keep our wallet as good as possible from the hands of the villain, (hacker).
ayeba
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February 13, 2018, 04:56:29 AM
 #552

A lot people learned about cryptocurrencies from certain articles/blogs written about controversial topics, but we can use the same question for anything. Is the US Dollar or Japanese Yen or Euro used by criminals? So in all humility cryptocurrency is bein used by criminals.
Webberson
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February 13, 2018, 05:11:56 AM
 #553

Bitcoin is a digital currency that is internet based. It has an open source network that people can reach, its access and usage is not limited to a set of individuals. On this note, i believe criminals can use the network to perpetuate dubious acts.

Dulanjaya
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February 13, 2018, 05:20:46 AM
 #554

Yes of course, that’s why, we have heard bitcoin scams, not only that, bitcoin  is used to gun dealing and gambling , bitcoin has being used to pay for criminal activity as a payment .  Huge amount of criminal activities are running on the internet, also,  transactions can be easily done through decentralized network system, that’s why, bitcoin is used by criminal.
btccointalk
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February 13, 2018, 05:25:23 AM
 #555

Bitcoin is a digital currency and it can be used by anyone no matter who the person is whether its criminal or common man.

futuristic18
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February 13, 2018, 05:30:22 AM
 #556

It is used by all who have it whether its a criminal or a common man. Its a currency which can be utilized in any form, just difference is that its in digital form. Criminal can use it far easily due to its operation in decentralized non KYC form.
papa-tata
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February 13, 2018, 05:46:06 AM
 #557

bitcoin may be used by criminals because there is no limit to who has the right to own it,
only the ownership of the account is not open to the government in some countries,
which allows it to be used as a gap by criminals.
prabhu
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February 13, 2018, 05:48:06 AM
 #558

Bitcoin can be used for all people around the world.There are no rules for this.So anyone can use it.This is the biggest issue in many countries.Bitcoin can also be used for criminal acts.
AlexKr
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February 13, 2018, 05:56:04 AM
 #559

Criminals use fiat money and the Internet,and the crypto currency. These are just tools in their hands. To my mind, it is necessary to fight the criminals themselves, but not to prohibit the tools that they use. It's a road to nowhere.
camito
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February 13, 2018, 06:09:21 AM
 #560

Anyone can use bitcoin and it is not impossible that it is also used by criminals in doing crimes. Because it is easy to use for transactions, it is also easy to use in doing illegal activities. Criminals also feel secured and safe in doing crimes because of bitcoin pseudo-anonymity that keeps the real identity of the user which means that it would be hard for someone in the government to track and trace their transactions in doing these illegal activities
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