Can Bitcoin rise up criminality rate ?!!!

[silver23]

Crime in crypto ??

I think is look like impossible.
Because the crypto is run by itself like A.I in game.
So, if crime like hacker i think is impossible to do that.
But yeah i afraid to if my asset can be hack by hacker.
I hope blockchain always safe.

[Direwolve735]

For sure all cryptocurrency, as well as Bitcoin could be used by mafia for some black purposes. But they also use fiat in a real life.Moreover, Bitcoin transactions today are too expensive and slow for frequent usage.

I agree that fiat money can also be used for illegal activity. Now the crime rate is growing not because Bitcoin appeared. Bitcoin is just a tool in the hands of people. This tool can be used for both good and evil. The growth of crime is not only a problem of the present time and generation. Humanity at all stages of its development has faced the unlawful actions of individual members of society. And always for offenses there were tools.

[cheezcarls]

Most of them are targeting altcoins such as Monero and other privacy coins where these transactions cannot be traced. It is why government regulation is necessary to control and minimize anti-money laundering tactics. It is one way for us investors to be protected from fraud and scam attempts.

Just like in North Korea, they have hackers who stole lots of altcoins from the counterpart South Korea. I agree that even if it cannot be stopped, it can be regulated by the government as soon as possible.

[ice098]

Most of them are targeting altcoins such as Monero and other privacy coins where these transactions cannot be traced. It is why government regulation is necessary to control and minimize anti-money laundering tactics. It is one way for us investors to be protected from fraud and scam attempts.

Just like in North Korea, they have hackers who stole lots of altcoins from the counterpart South Korea. I agree that even if it cannot be stopped, it can be regulated by the government as soon as possible.

Yes its possible because many criminal use not only bitcoin but some altcoin too, they used it to not trace by there doing illegal transaction. So that they do whatever they do because they will be not recognize or can hide there true identity and the rate of criminality is increasing.

[shahani]

If we try to look of some criminalities that bitcoin involves, it is something beyond the word speculations and without any reliable or proof of evidence. I heard a news about robbery groups robs a person who owns a business bitcoin exchanger, but it is likely a form of a fake news. Some people also says that bitcoin used for buying drugs, although it can be possible to happen but there is nothing to worry about that, because those kind of issues would not affects the total operations of cryptocurrency business.

[VenturaBro]

Crime in crypto ??

I think is look like impossible.
Because the crypto is run by itself like A.I in game.
So, if crime like hacker i think is impossible to do that.
But yeah i afraid to if my asset can be hack by hacker.
I hope blockchain always safe.

I think the only few possibilities are hackers and thieves when it comes to your personal coins.

But for ICOs, for example, scams can be considered criminality as well.

[cryptojac17]

Most of them are targeting altcoins such as Monero and other privacy coins where these transactions cannot be traced. It is why government regulation is necessary to control and minimize anti-money laundering tactics. It is one way for us investors to be protected from fraud and scam attempts.

Just like in North Korea, they have hackers who stole lots of altcoins from the counterpart South Korea. I agree that even if it cannot be stopped, it can be regulated by the government as soon as possible.

Yes its possible because many criminal use not only bitcoin but some altcoin too, they used it to not trace by there doing illegal transaction. So that they do whatever they do because they will be not recognize or can hide there true identity and the rate of criminality is increasing.

In all any monetary aspects either crypto or fiat there's always or would entail burglar, scammers,  hackers swindlers and everything. Because people would always want easy money the only thing that we  can do is don't lower your  guard know all possible safety precautions before investing or making any transaction.

[NutellaboY]

I wonder if this cryptomarket will end up to have like high marks on the mafia-market and if people would start to make like ''crazy'' decisions when it comes to BTC !!

That's just absurdly when the people says that cryptocurrency leqads to the rising of crime. Doesn't that mafia guys doing crime stuff with fiats? Dont you think that nothing would change the situation?

[Restmand]

I wonder if this cryptomarket will end up to have like high marks on the mafia-market and if people would start to make like ''crazy'' decisions when it comes to BTC !!

Yes bitcoin can rise up the criminality state but not in that way. In the way that the people used the bitcoin to do bad in the environment or in one people. Like in the one site. Until now, the deepweb is still alive and we know that this site is moro on the illegal site that only used the bitcoin. And because of this, the bitcoin has a bad image.

[sourish]

Criminality rate is on the rise or otherwise due to many factors with or without bitcoin. Ethical issues might be a major concern in the minds of many, but from what one sees, it acts only as an excuse not a deterrent regarding investments.

[tsaroz]

BTC is just a tool and how you use it depends on yourself. If it were not BTC it could have been something else.
Yeah, it have raised the level of anonymity but again we can't ignore it's positive side.

[btccrusher]

Bitcoin can increase but they can be caught. Here is a details statement how criminal can get caught if they use Bitcoin for criminal activities http://www.sciencemag.org/news/2016/03/why-criminals-cant-hide-behind-bitcoin
Now think about other coin like PIBX, XMR, Komodo, Zcoin which is highly promised to stay anonymous.

[cryptonoob312]

that's strange that although all the bitcoin transactions are transparent people can easily use it to buy drugs, sell weapons to terrorists and all that stuff. They do it cause governments can't control it. But may be we need some non-governmental institution that will keep an eye on that kind of things.

[mr.quackquack]

Sure, just like anything else. Just like the old saying goes "Guns Don't Kill People. People Kill People."

[manismanja]

I wonder if this cryptomarket will end up to have like high marks on the mafia-market and if people would start to make like ''crazy'' decisions when it comes to BTC !!

just relax bitcoin is now preparing to start bitcoin price recovery and bitcoin prices will return to $ 20k again, we are just waiting for good news from bitcoin in order to help increase the bitcoin price.

[criptogoon]

Can Bitcoin rise up criminality rate

I guess this statement is works backwards. In my opinion, the criminal rate can rise up BTC price. What do you think about this?

[happyme1818]

I wonder if this cryptomarket will end up to have like high marks on the mafia-market and if people would start to make like ''crazy'' decisions when it comes to BTC !!

Wise criminals will use fiat than Bitcoin because even though bitcoin is anonymous, it is still traceable. Mafia knows it and they will not use it in illegal activities because there is a high probability that they might caught. Politician also hate Bitcoin because it is traceable if they use it in corruption.

[venox12]

not with bitcoin, maybe with monero or zcash as they are untracable and the blockchain is not public

[VB32Bit]

Nothing can raise the criminality rate more than the dollar.

[Nilda]

The same criminals would probably just use bitcoins in laundering the proceeds from their activities. Anonymity and untraceable transactions are two of the reasons why these people are attracted to cryptocurrency. Governments must ensure that no new category of (Crypto?) crime would emerge as a result from this new currency/technology.