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Author Topic: ALTCOIN OF CRIME !!!  (Read 159 times)
angrygroceries (OP)
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February 28, 2018, 04:00:15 PM
 #1

You pay attention. DASH, Monero and Zcash have been listed in the top 3 crimes altcoin commonly used.
According to Jarek Jacubchek, a security expert at Europol, while Monero uses non-transparent bockchain technology, DASH arranges transactions in a way that no third party monitors the cash flow. . Zcash has special security that prevents access to and control over illegal sources.
Maybe this price of 3 coin will down people to monitor the situation offline.

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The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
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BitcoinGuruOne
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March 01, 2018, 11:34:07 PM
 #2

I am a fan of Monero. Really surprising that it's not in top5 coins. Everyone is bragging about privacy and security but still using traceable coin or other similar coins
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March 01, 2018, 11:46:04 PM
 #3

The same story again and again. Crimes also use fiat money. And what about it? All those "experts" can't do anything with it so they have to imagine scared stories about mythical criminals using crypto.
czhen
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March 02, 2018, 08:39:32 AM
 #4

Monero has a tighter privacy level than bitcoin. The technology used makes it difficult to track users or IP addresses.
Monero has been accepted into trading on Dark web and has been used in several ransomware attack transactions.
so as far as the news that I read Monero is a coin that is often used for criminal acts.
for DASH and others I have not read much about it.
pathwreck561
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March 02, 2018, 08:56:15 AM
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So it's gonna be goodbye to my monero  Embarrassed but how do they have an upcoming give away?
adolf512
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March 02, 2018, 09:18:23 AM
 #6

You pay attention. DASH, Monero and Zcash have been listed in the top 3 crimes altcoin commonly used.
According to Jarek Jacubchek, a security expert at Europol, while Monero uses non-transparent bockchain technology, DASH arranges transactions in a way that no third party monitors the cash flow. . Zcash has special security that prevents access to and control over illegal sources.
Maybe this price of 3 coin will down people to monitor the situation offline.

Perhaps the attackers use these coins, but do not they use dollars? Not so long ago, even Bill Gates said that the crypto-currencies contribute to terrorism and money laundering, his words disappointed me ..

liangweicha
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March 02, 2018, 09:39:10 AM
 #7

So that's one of the things I've been worried about.
Because these anonymous tokens are widely used in the dark web, the risk of buying these tokens can be high, as you can be involved in illegal crimes such as money laundering.

Yudhisthir
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March 02, 2018, 09:43:43 AM
 #8

Yes, Monero is the default payment currency for dark web and all new silk road variants, Dash too is quite popular and often gets associated with funding terrorism. Zcash is too catching on.

finaleshot2016
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March 02, 2018, 09:49:37 AM
 #9

You pay attention. DASH, Monero and Zcash have been listed in the top 3 crimes altcoin commonly used.
According to Jarek Jacubchek, a security expert at Europol, while Monero uses non-transparent bockchain technology, DASH arranges transactions in a way that no third party monitors the cash flow. . Zcash has special security that prevents access to and control over illegal sources.
Maybe this price of 3 coin will down people to monitor the situation offline.

This thing is also happening in some countries with predominant money. It's the same thing, they are just using this digital currency to take some advantages to do crimes. There are places that is called black market where you can have hidden transactions and can buy some things for crimes. Even bitcoin is used also, do you think the value of bitcoin becomes low? it gives no effect at all. Popularity of bitcoin becomes big because of many investors in the world not in crimes. It's a normal thing for some but still it's dangerous for having this system, it's makes me concern about what will happen next in monero.
dvbb
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March 02, 2018, 09:52:35 AM
 #10

Then what to say for Verge , where the privacy is on really good level. Actually Monero is traceable, but Verge not Smiley
 
entr
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March 02, 2018, 09:58:44 AM
 #11

We can use any coin as a medium of exchange but we do not prefer this to fiat. Coins that allow anonymous medium of exchange is a important advantage of crypto to fiat.
thepo1m
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March 02, 2018, 10:35:47 AM
 #12

I don't know why some people are surprise about this, these are what these ALtcoins are design for, it is for for crime world, when Dark web adopt a coin, there is a special reason for that because it makes the transaction untraceable, people in that space cherish their identity anonymousity and things must remain that way for them
Veter2000
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March 02, 2018, 10:43:13 AM
 #13

Hoods, wigs, sunglasses and caps help to hide faces from the systems of recognition of persons and nobody calls them criminal. So it is with anonymous cryptocurrencies.
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March 02, 2018, 10:45:45 AM
 #14

You pay attention. DASH, Monero and Zcash have been listed in the top 3 crimes altcoin commonly used.
...
Maybe this price of 3 coin will down people to monitor the situation offline.

And do you know that even so "safe" fiats like Euro and Dollars been used for crime even more often than any of crypto coins?

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anggriani
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March 02, 2018, 11:01:43 AM
 #15

You pay attention. DASH, Monero and Zcash have been listed in the top 3 crimes altcoin commonly used.
According to Jarek Jacubchek, a security expert at Europol, while Monero uses non-transparent bockchain technology, DASH arranges transactions in a way that no third party monitors the cash flow. . Zcash has special security that prevents access to and control over illegal sources.
Maybe this price of 3 coin will down people to monitor the situation offline.
only a madman who says 3 altcoin is a crime. do not blame altcoin, but this is purely a mistake from its users.
what is the original purpose of creating monero, dash and zcash for use in crime?


And do you know that even so "safe" fiats like Euro and Dollars been used for crime even more often than any of crypto coins?
very bad even more crazy  Undecided Cheesy
mertcaptain
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March 02, 2018, 11:04:14 AM
 #16

Being used by criminals is not fault of the coin. It gives you the privacy to do anything, if you do bad things, its your problem, not coin's.
Jarx
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March 02, 2018, 11:13:55 AM
 #17

Being used by criminals is not fault of the coin. It gives you the privacy to do anything, if you do bad things, its your problem, not coin's.

You told it right. There is no fault for the developers that somebody using their creation for some crime. Just like the scientist who discovered a new fuel aren't responsible for military dudes who uses that fuel to run tanks and kill people.
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March 02, 2018, 11:16:25 AM
 #18

The 'crimes' altcoin status is just fud. There are legitimate reasons for wanting privacy. Trying to 'criminalise' that by association is insane.
malbterxic
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March 02, 2018, 11:50:13 AM
 #19


  I do not see any problem, that these coins are used for their criminal purposes does not make them criminal.
On this principle, dollars and other fiat currency can be called the main source of payments for crimes, because it is dollars that are the ultimate goal of most of the crimes committed.
  If they want? criminals will find a loophole without crypto currency.

YuginKadoya
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March 02, 2018, 12:08:52 PM
 #20

I really think Every Currency will surely be used by criminals or it can be used in illegal ways in some instance because it is surely private that is why some people will use this for their convenient sake, And I really think this is not coins fault but because of the privacy and convenience of digital coins people are thinking of ways they can do with it for their own personal agenda.
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