Is bitcoin used by criminals ?

[vhiancs]

Criminals use bitcoin to buy a assault guns or drugs, etc,  because the transaction is hard to find where its came from if the bitcoin will be used in the large transaction it is very hard to trace. We know that, not only bitcoin currency used by criminals to their transactions, as well as real money in our country is also used by criminals. And I think can not do anything to stop the transaction of all criminals because they are extremely vulnerable and its very risky even the governments are also struggling to counter the criminality.

[TitanAI]

I can confirm that it is used by criminals, mostly for selling illegal stuff and pulling out scams on others, cause it cannot be traced like normal money.

[jaaeeeyyyy]

No one really knows if the person you have a transaction with if they are criminals or you they don't even know and this is the result of being anonymous as you are sending or receiving but i guess yeah, bitcoin now is being used by criminals specially scammers and extortionists who are making illegal things out with cryptocurrency.

[Asawakobana2017]

It will be very possible that bitcoin can be used by criminals for buying illegal stuff. After all, this is in the internet world.You can choose and concurs ones own identity for personal or illegal purposes.So, it will be very possible that criminals will take the opportunity to transact within the internet world specially with bitcoin because of its easy accessibility.

[koalapizzakite]

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

agreed!

[sicnarfwb]

It is possible that bitcoin will be use by criminals, because everyone of us can take a part of bitcoin.

[ggod5]

I don't think Bitcoin has a bigger influence than the Internet. Anything can be used by bad people. It's like kitchen props. It can be used to cut vegetables and kill people.

[bbs98]

Already many people use Bitcoin for crime,
People think Bitcoin is not good but not a bad bitcoin but the wrong people use bitcoin,
But with all these blockchain technologies, it can catch anyone who uses Bitcoin to commit a crime and that's what matters,
so people will think again using Bitcoin for crime..

[cocal]

yes because many of today's scammers use their bitcoin name to be crazy for people, and so the price of bitcoin decreases because investors are losing because of fear that they can scamm so we're also losing our bitcoin users.

These scammers have completely damaged Bitcoin's reputation. Many media scream about the detriment of Bitcoin. They use criminals as an example and cause Bitcoin to be banned by many countries.

[Boknoyz]

I don't think so but i think no, bitcoin is already known worldwide. And its stability is to prove that investors really appreciate its works and done. To prove, millionaires such as those well known people are already investing to this new kind of cryptocurrency.

[Joshapat]

Can not be denied and prevented that bitcoin widely used for illegal transactions, criminals are certainly happy with the presence of bitcoin because they get 2 benefits at the same time that can transact safely and the second is able to get big profits because the value continues to rise.

[toorn]

Bitcoin's trading channels are relatively open, free from any agency control, and have no trace, so it is easy to be used by criminals. This is unavoidable.

[jdkly]

Already many people use Bitcoin for crime,
People think Bitcoin is not good but not a bad bitcoin but the wrong people use bitcoin,
But with all these blockchain technologies, it can catch anyone who uses Bitcoin to commit a crime and that's what matters,
so people will think again using Bitcoin for crime..

In the past, bitcoin was the most widely accepted currency for criminal groups and people engaged in illegal activities. Now they are turning to other virtual currencies because law enforcement agencies are staring at it. This makes bitcoin no longer difficult to track. When law enforcement agencies began to learn to use software to monitor Bitcoin, such as the Monroe coin with such a good privacy protection function, allows users to avoid the rapid growth of the tracking virtual currency.

[rommelo24]

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.

If bitcoin is used in illegal activities like buying illegal drugs and funding terrorist then that move would be considered idiotic because public blockchain can be trace. You can be prosecuted by once you are caught and chances of being caught using the blockchain technology is very high.

[ace4549]

Actually it is a yes,  the services of bitcoin in the world trade market is being abused;  to the point wherein the bitcoin used in buying illegal drugs,  human trafficking and other illegal or fraudulent activities.

[GalaxyWorld]

I think yes. With a money investment market without the buyer's information, why do not criminals invest in money? This can be said to be a form of money laundering, or investment in which to hide money that the government can not find.

[teejayrichard2]

yes bitcoin is used by criminals now. it is used for transactions and very fast for payments so it is used for payment for all forms of trade. criminals are aware of this and have adopted its use just like all other sectors are adopting the use of bitcoin.

[waitforme]

Bitcoin has always been used by criminals to call for support for the uprisings. Supporters will use it as a remittance, but it will remain in anonymous mode, and the government will not control them.

[Filthy1]

Yes it is just as fiat is used by criminals unfortunately its utilised on the deep web .

[Chrisjay29]

I think yes bitcoin has been use by a criminal. They are called scammer or a hacker. They always pretend that they are the admin of a ICO.  Other are making a SCAM ICO