Is bitcoin used by criminals ?

[mk4]

Bitcoin can be used by criminals. But so does fiat currencies like the USD and other currencies.

People having the mindset that bitcoin is being used by criminals and should be banned is heavily flawed. Cooking knives are also being used by criminals, or specifically murderers to kill, but does it mean that knives should be banned? No. Because knives aren't made for that purpose. Same with bitcoin and other cryptocurrencies.

[UAE Seasider]

I think in a few cases it has been used but to state it is widespread I am sure that this is more media hype to trash Bitcoin reputation than a reality. Now that you need to be fully KYC with any exchange the annonumity of withdrawing to FIAT is gone not to mention new tax regulations.

[shezu007]

Indeed, Bitcoin can be used by criminal Because BTC is a digital money and anyone can buy or can earn BTC so it depend on the users of BTC that for which activities he want to used. There is no fault of BTC if it is used for criminal activities because all the currencies are used for each and every purpose it just depend on the demand of criminal. So BTC is a currency just like other currency and you can used it for any kind of activities. It better to use your money for legal work and avoid you and your family for using money for illegal activities.

[sykoshin]

For me there are cases that bitcoin was used by criminals, they used it on internet scams, they are frauds and it sucks Because people sometimes use it on bad things and other people who are victims has no profit or they have been scammed

[canadian1980]

Bitcoin can be used for good as well as bad purposes. However, it all depends on the person and his perception. We should be careful in selling the bitcoins. We must ensure authenticity of the exchange or person, we are selling it. We should conduct maximum verification to avoid any untoward accident. Similarly, we come across such situation then we should timely inform all concerned authority. We have to ensure that it should be a source of peace, love and prosperity instead of bad activities.

[spinach98]

As the government in my country which is the philippines they say that bitcoin is being used by criminals,terrorist and druglords in their illegal transactions and they cant track on it but however to those people who earn bitcoin in a good way specially to me it really helps alot with regards to my financial problem si ai really hope that bitcoin will continue to grow so that many people will be happy.

[xuan87]

I agree, Bitcoin is just a tool, it's the same with knife, if the person used it for good then it will be good, but if the person used for bad things then it's not the knife fault but the person that used it, and yes Bitcoin also being used for criminal things, but Fiat is also used for the same thing, so banning Bitcoin is not the right solution in my opinion, the government actually need to be conduct deeper research to handle this problem

[louie69]

I agree, Bitcoin is just a tool, it's the same with knife, if the person used it for good then it will be good, but if the person used for bad things then it's not the knife fault but the person that used it, and yes Bitcoin also being used for criminal things, but Fiat is also used for the same thing, so banning Bitcoin is not the right solution in my opinion, the government actually need to be conduct deeper research to handle this problem

Criminals are everywhere wherein if there is an opportunity for them to do such crime, they would surely do it. On the other hand, for me probably scammers are the people whom I considered criminals joining bitcoin which I think they may able to grab the opportunity to earn more money through scamming.

[daringdiscovered]

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

I agree, those politicians out there are the one who are criminals, the are stealing the people's money, which is so immoral. But getting back to the topic, yes, bitcoin could be use by those criminals, I mean those people who are using bitcoin in illegal activities or misusing it could be consider as criminals. Way back then, bitcoin was used on buying drugs on the black market called Silk Road.

[sirkings0003]

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.begitu also with bitcoin which also 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 totally agree with you. In addition, i would say that majority of those articles and publications are sponsored. And the sponsors major reason is to give it a bad name in order to kill it.

[Jombitt]

Well since bitcoin doesn't need to use identity to have it, it is one of the most use currencies by a theft or criminals. Once money is involve,not only in bitcoin currency, criminals and scammer are always there to trick other people.

[danggoron]

Absolutely everything can be used and used by bad people for criminal purposes. Because of this, you should not question the common right of people to anonymity on the Internet. Some people and structures are constantly raising this topic with the aim of discrediting the crypto currency. However, the cryptovata itself has nothing to do with it. Criminality is a purely law enforcement issue, and customs help them to do this.

That's right, everything can be used as a crime tool, depending on who uses it. Most people overestimate criminals in bitcoin, whereas fiat and other investment goods also have the same opportunities to be used as a crime tool.

[beej]

Bitcoin is widely used by anyone who has the means, resources and access to it.
These days with it's anonymity and decentralized features, it's no surprise that
bitcoins are used by all sorts of people for all sorts of reasons. Lets agree to the
fact that it's been used and will continue to be use by criminals as this topic
states, it's currently an unavoidable exploit to this profitable innovation. But i
surmise it's being used more on the business, finance and investment side by
other people aside from criminals.

[ViciousWarlock29]

Yeah I think criminals are now using bitcoin as their payment method. Also some terrorist can get their funding without the government noticing because of bitcoin.

[Dmitry.Vastov]

Everything has a good side and a bad side. It depends upon its users how they use it. Bitcoin has innovative technology. Bitcoin provide the best money transaction software in which no third party interfere and no one can trace or track the transaction. Due to this many bad people use this for their criminal activities. Many businesses use it to transfer their black money. Many  bad people fraud innocent people by using bitcoin investment schemes. Many anti social people use bitcoin to fulfill their criminal activities like anti money laundering, kidnapping, child pronography, murdering etc.

[okissabam]

Maybe they are used by criminals but not all people who are using bitcoin and other cryptocurrencies are criminals. Of course there is always a bad side to every good thing. And especially in technology, people always finds a way to make negative decisions in order for the positive ones to be covered. It’s sad but it is mostly true most specially if they don’t want others to succeed in life, they always wants to bring someone down.

[FourByfour]

I have read some about it , because criminals find bitcoin a very convenient tool on their evil deeds, well its best not to get involved those kinds of people.

[CheatingCoins]

Even fiat is used by criminals each and every day. Criminals even rob banks to get to money. Sooooooo

[akram143]

Everyone in the world can use bitcoins because it is decentralized so criminals also can.But it is not the fault of bitcoin it is problem of the respective countries who need to control the frauds,criminals and terrorists.And there is no way to regulate bitcoins because it is fully anonymous so if government want to stop terrorism they have to take action against them not against on crypto currrencies.

[newinbtc]

If you are living in untied states and you are buying a bitcoin for good cause still you are criminal, as per the government rules. Either pay the taxes or you have to face punishment. people who say bitcoin is illegal they use bitcoins and sell the all illegal material all over the world. there is a secret market names as alphabay market you cannot access website directly , person who visit this market he must know what is bitcoin and he can buy anything from this market. even ..... There are more number of good people in world but some bad people destroy all Bitcoin name .

hope you understand what i am trying to say here. the normal hardcash also use by criminals , is government banned their currency ? No They are still using , There is huge difference between illiterate Thief and educated thief.