Is bitcoin a criminal tool?

[Alanpigi80]

People are criminal tools.
People uses a magnificent invention for their dirty jobs, just because of its safety.

[An0nyMoose]

If bitcoin is a criminal tool than so is any other currency like dollar a criminal tool. Also dollar is used by terrorists and criminals for laundering money, does that make it also a criminal tool? Calling bitcoin a criminal tool is just to create bad press for bitcoin by the banksters as bitcoin threatens their monopoly over money.

[macartem]

In bitcoin's pyramid scheme, criminals have exploited the greed of people's ignorance and dreams of the currency. The essence of pyramid selling is a ponzi scheme, where a bitcoin is not fundamentally different from a tulip or a box of cosmetics.


In the event of an hacker blackmail, criminals use the anonymity of the currency, trying to escape legal sanction, COINS and cash here, there is no essential difference between just more convenient, lower cost.


In money laundering, drug trafficking, and terrorist crimes, criminals use the anonymity and high mobility of bitcoin to hide the flow of funds, which is the same as the effect of using cash.

Monero is already more of a criminal tool. Bitcoin has already become less anonymous in this matter

[galkinn]

In bitcoin's pyramid scheme, criminals have exploited the greed of people's ignorance and dreams of the currency. The essence of pyramid selling is a ponzi scheme, where a bitcoin is not fundamentally different from a tulip or a box of cosmetics.


In the event of an hacker blackmail, criminals use the anonymity of the currency, trying to escape legal sanction, COINS and cash here, there is no essential difference between just more convenient, lower cost.


In money laundering, drug trafficking, and terrorist crimes, criminals use the anonymity and high mobility of bitcoin to hide the flow of funds, which is the same as the effect of using cash.

No bitcoin is not a criminal tool as most of the people using it are common people. It is actually one of the best things mankind has ever seen and is very promising.

[reflector]

If bitcoin is a criminal tool than so is any other currency like dollar a criminal tool. Also dollar is used by terrorists and criminals for laundering money, does that make it also a criminal tool? Calling bitcoin a criminal tool is just to create bad press for bitcoin by the banksters as bitcoin threatens their monopoly over money.

Perfect hit back bro. I see many shit people keep on says bitcoin is illegal world tool to buy the drugs and other things. I knew that Dollar has been widely used to hide their black money on Swiss banks and elsewhere.
There are many people still having their fund dollar with their hidden undergrounds, their country's taxation department missed to get that and just blaming bitcoin is doing criminal work. 
I believe banks are fraud then bitcoin. May be much better than any money and transaction medium.

[turagsoy123456]

If users use this in bad reasons then its possible but proclaiming that bitcoin is a criminal tool is a bit overwhelming since we dont know if its true or not. We need proof or evidence if that situation truly exists. With that we dont need to panic because as long as good users is more than the selfish ones then its next to impossible that bitcoin is a criminal tool.

Yes, I will agree with your conclusion,  it depends upon the user of the bitcoin if He or She has a bad or good intentions of this cryptocurrencies. I think bitcoin is design for good reasons,  but we can not also control those people who has a bad influences like terrorist,  the criminals, drug syndicates and etc.They like to use bitcoin as payment to their transaction, because they can not easily monitored by our law inforcement agency.because bitcoin is decentralized.

[Obito]

In bitcoin's pyramid scheme, criminals have exploited the greed of people's ignorance and dreams of the currency. The essence of pyramid selling is a ponzi scheme, where a bitcoin is not fundamentally different from a tulip or a box of cosmetics.


In the event of an hacker blackmail, criminals use the anonymity of the currency, trying to escape legal sanction, COINS and cash here, there is no essential difference between just more convenient, lower cost.


In money laundering, drug trafficking, and terrorist crimes, criminals use the anonymity and high mobility of bitcoin to hide the flow of funds, which is the same as the effect of using cash.

I think bitcoin is not a considerable a criminal tool because as you can see it can help many people in making some money and profit also an income to use it by some people in many things and many ways
.

[hitrawal91]

In bitcoin's pyramid scheme, criminals have exploited the greed of people's ignorance and dreams of the currency. The essence of pyramid selling is a ponzi scheme, where a bitcoin is not fundamentally different from a tulip or a box of cosmetics.


In the event of an hacker blackmail, criminals use the anonymity of the currency, trying to escape legal sanction, COINS and cash here, there is no essential difference between just more convenient, lower cost.


In money laundering, drug trafficking, and terrorist crimes, criminals use the anonymity and high mobility of bitcoin to hide the flow of funds, which is the same as the effect of using cash.

Bitcoin being anonymous has created a good criminal tool for the criminals so that they could easily cheat and fraud the innocent people with their Ponzi schemes and other criminal activities. Crimes like Drug Dealing, Buying the arms and ammunition and Money laundering is been made a successful business with the help of the Bitcoin and other crypto coins. Just fearing what will happen when terrorists are going to make use of this activities with the help of the bitcoin.

[castellodocet]

This is a sticky argument. Bitcoin is a tool being used by criminals to perform their stuff. Not 100% true, but it is for some scenarios. We can't do anything if people decides to pay with bitcoin. The same people may use other money, like dollars or pounds. That makes them criminal tools?

[pixie85]

This is a sticky argument. Bitcoin is a tool being used by criminals to perform their stuff. Not 100% true, but it is for some scenarios. We can't do anything if people decides to pay with bitcoin. The same people may use other money, like dollars or pounds. That makes them criminal tools?

Everything can be used for a criminal action. Even such harmless things like a pen can be used to stab someone in the eye! Bitcoin wasn't made for criminals but so wasn't the internet and it's being used to hack and steal data as we speak. Should we really care that while all people are using cars to drive around some other guy filled his car with explosives and blew it up? World isn't perfect!

[Winsdors]

People are stupid, that's their biggest weapon. No matter if they use Bitcoin, knife, gun or a rocket launcher.
It has always been like that and it will be in the future.

[patriziobtc]

In addition to criminal activities, bitcoin is also used for tax evasion as it ensures absolute anonymity.

[novogum]

In bitcoin's pyramid scheme, criminals have exploited the greed of people's ignorance and dreams of the currency. The essence of pyramid selling is a ponzi scheme, where a bitcoin is not fundamentally different from a tulip or a box of cosmetics.


In the event of an hacker blackmail, criminals use the anonymity of the currency, trying to escape legal sanction, COINS and cash here, there is no essential difference between just more convenient, lower cost.


In money laundering, drug trafficking, and terrorist crimes, criminals use the anonymity and high mobility of bitcoin to hide the flow of funds, which is the same as the effect of using cash.

First, bitcoin paid the most in darknet. But now he is not so good for these purposes. I think that anonymous cryptocurrencies are used as a payment for all sorts of criminal things, not bitcoin.

[kylekidd]

No, the dollar is a criminal tools used by corrupt governments.  As a wise man once said “Rebellion to tyrants is obedience to God.”

[Rishabh riyz]

It is certainly not a criminal tool .
It's just a digital decentralised crypto currency

Though it is used by some past criminal events like silkroad sites as a mode or payment because of its anonymous nature but that does not make it a criminal tool .
Every currency has been used as a mode to fund criminal activities, not just bitcoins in their respective regions.

[pekavcilar01]

Everyone has a purpose. Some use good faith. He struggles to make money.

Some are malevolent. Money is missed. Cheat people up.

People are like that.

[mikan111]

Bitcoin is not a tool for criminals, why don't you ask the same question for dollar or euro or any FIAT. FIAT money is tools for criminals and cryptos are tools for preventing criminals from robbing us.

[AntonDrobot]

Bitcoin is calculated both for artists and for small transactions, and also took on the armory of virtual money and representatives of the criminal world (on the fashionable notion fraudsters are making profit), and quite the very few require them to pay ransom.

[Dudeperfect]

Bitcoin is a payment technology having some more benefits as compared to that of traditional payment system and if it is providing more benefits then but obviously everyone would use it if they are comfortable with it so in the case of crime, no one can stop criminals from using Bitcoin (or any currency including fiat for that matter) so blaming Bitcoin for criminal activities is baseless in my opinion.

[Mazda17]

Bitcoin can be used as a criminal tool. And I believe that in the dark web, bitcoin serves as the main currency in order to buy drugs, guns and etc. Also, in other news, people tend to hack people with lots of bitcoin hiding on their btc wallets. So it could be a criminal tool.

opinions that make sense too and can be trusted.
only people who are negative thoughts that make btc a means of exchange of goods that should not be exchanged, so we as bitcoin users should be thought positive and used for day-to-day useful.