Is bitcoin used by criminals ?

[illusioNiZt]

I have seen similar news on TV creates panic in investors BTC is a type of currency and similar things could be done with real life currency too, it depends on how you see it well yeah I agree Bitcoin makes the job easier compared to money due to its anonymity.

[1715365548]

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[ritsel02]

Criminals will do any means in order for them to do their dark plans and with the use of technology and through this innovative cryptocurrency like bitcoin, they can take advantage of its anonymity so that their transactions wont be traced. Hopefully authorities and government can do something to caught this criminals to save the reputation of bitcoin and bitcoin will remain beneficial to us.

[seoincorporation]

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.

We can see how bitcoin was adopted for the deep web after the first years... bitcoins gives them the way to make transactions without a man in the middle, and was sold as it was anonymous (but lot of people get tracked now days...). This was what gives life to bitcoin or his first real market.

For sure there still lot of illegal transactions with bitcoin. Even political campaigns accept bitcoin donations. But now is more for other uses than for criminals. I read some where criminals like other coins now days, coins like monero, who gives more privacy to the transactions as we can see in this txid: https://chainradar.com/xmr/transaction/993e4d8a7b49aae467a10fd947b1b7f09a42ebde632415ad847867a5cefdb860 (Amount=0, fees=0) this mean the real value us hiding.

[Accessence]

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 was more towards the 'bad side' initially, however after getting mainstream attention absolute majority of transactions processed via Bitcoin's blockchain are purely whitehat.

[grizmoblust]

certainly yes. Bitcoin is anonymous and no one can control it. Anyone who has money and Internet can use Bitcoin for payment. No one can control them

[Siopao]

There were instances that bitcoins is being used as a medium for illegal activities, yes it is possible to do so. Given the fact that it is decentralized, people can use it and hide their identity and there is no way that they can be traced. Bitcoin is created out of goodwill and to help the lives of people. So I hope that there will be a way to stop all the illegal activities happening under bitcoin as it gives a negative image to it.

[athanz88]

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 agree with you, internet and bitcoin have both sides, good one and bad one, but people only focusing on the bad side for internet and bitcoin.
There are lot of bad cases happen with bitcoin involved in it. Because bitcoin is hard to track and has a high value. Money laundering, ilegal money transfer, buying 'stuffs' , and other crime things. But people forget that bitcoin is only a tool, it must be converted to fiat money to make it as a fully functional tool.
What i want to say is, dont look down and judge things because it is sometimes used in a bad purpose, even a knife will turn into a weapon of murder in a hand of a killer, so, just blame the bad guys, dont blame the tools. Nowadays criminals are smarter than the law (regulator) and they start banning things because they dont know how to counter them bad guys.

[Monkeydluffy001]

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 was once read some article about bitcoin here in internet, I can say that its far related to criminals who do trading online, no one knows, but you can see that it's been how many years that we're using bitcoin or any other cryptocurrencies and yet the value is still increasing, everyone knows that its hard to block bitcoin and banned internet stuff. It's 2018 already and I can say that bitcoin is not a criminal thing. Bashers do. Haha

[Brito]

The Bitcoin loses its popularity among criminals.
Crypto currencies, like a Monero, designed to avoid tracking are becoming increasingly preferable to the Bitcoin.
Because there are many new software tools developed by the authorities to track people who use the Bitcoin.

[JTEN18]

There were instances that bitcoins is being used as a medium for illegal activities, yes it is possible to do so. Given the fact that it is decentralized, people can use it and hide their identity and there is no way that they can be traced. Bitcoin is created out of goodwill and to help the lives of people. So I hope that there will be a way to stop all the illegal activities happening under bitcoin as it gives a negative image to it.

Bitcoin can easily used by criminals when it comes to transferring money as used in illegal transaction and cannot easily determine by the government of the NBI so other country really don't like this kind of idea so they banned bitcoin as they know that they cannot control it.

[dontoromeo]

In my opinion, from time immemorial the delicuencia has got away with it with or without internet. It's something that we can never completely avoid, the advantages offered by bitcoin are many more than the disadvantages due to many factors such as speed, efficiency, reliability ... yes, it is evident that criminal acts can be committed , but somehow you can look to avoid yourself

[ynatopak14]

The real  criminals are the one's printing fiat, collecting taxes and sellings weapons around the world.

selling weapons are criminals and some for defense of each country.
FIAT is a regulated money all over the world! have you called those when theres no crypto yet?
collecting taxes are what the government needs to improve the country and the people of them, the criminals are those corrupt officials of your country

[zlatan07]

With the uprising in bitcoin price, media continuously trying to put up misleading news, false rumour and etc. This will prevent new people joining the crypto world. My point is, never believe 100% what you read on news. Do your own research after you read that certain news to back it up.

[kilwaXX]

bitcoin and dark web two things can make everything , yes there is some uses not too good like terrorism and gangster business

[znapitf1]

Bitcoin is virtual currency.bitcoin can use by good or bad people,they can make cyber crimes with bitcoin.bitcoin hackers also hacking the wallets.terrorists and criminals can use decentralized facility.this is main problem in this online currency.

[iamlds08]

one of the good characteristics of cryptocurrencies is being decentralized and not needing personal information of the sender and recieving.
this character ease the transactions made.
it is not a problem if bitcoin is being used by criminals, even fiat money are also laundered and used by high value criminals.
it is not the thing that counts, its the use.

[H0USE]

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.

See criminal activities have always reported with all the matters. They are also used with fiat also so we can't blaim Bitcoin because its human mind behind it's usage that is why many governments are taking necessary steps against it but can't control it as it is decentralized currency. The drug deals and other illegal works are done by anonymous group by transferring payments in btc which is difficult to trace.

[yashjaat]

Bitcoin use not a criminals
I like Bitcoin currency
Thanx sir

[AjithBtc]

As it is decentralized, the accessibility is not that tedious as well provides the users the pseudo anonymity. This leads for the increased number of transactions happening through bitcoin. Some describe that the terrorists use bitcoin as the source for transactions which will eventually decrease.

[jhewlijw]

Bitcoin using in horse racing and drugs.some porn sites also accepting the bitcoin.criminals and hackers also make troubles.