Bitcoin Forum
October 20, 2021, 08:51:01 PM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: 1 2 3 4 5 6 [All]
  Print  
Author Topic: How is bitcoin supposed to be?  (Read 1917 times)
CDAnggoro
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
April 11, 2018, 06:32:36 AM
 #1

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 
1634763061
Hero Member
*
Offline Offline

Posts: 1634763061

View Profile Personal Message (Offline)

Ignore
1634763061
Reply with quote  #2

1634763061
Report to moderator
1634763061
Hero Member
*
Offline Offline

Posts: 1634763061

View Profile Personal Message (Offline)

Ignore
1634763061
Reply with quote  #2

1634763061
Report to moderator
1634763061
Hero Member
*
Offline Offline

Posts: 1634763061

View Profile Personal Message (Offline)

Ignore
1634763061
Reply with quote  #2

1634763061
Report to moderator
The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1634763061
Hero Member
*
Offline Offline

Posts: 1634763061

View Profile Personal Message (Offline)

Ignore
1634763061
Reply with quote  #2

1634763061
Report to moderator
davis196
Hero Member
*****
Offline Offline

Activity: 2044
Merit: 657



View Profile
April 11, 2018, 06:42:39 AM
 #2

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 

The "right" regulations would be all the new rules that remove the anonymousy of btc transactions.
"Know your customer" policies and ID verifications would become mandatory for all online bitcoin wallet services and all exchange platforms.The harder for criminals to stay anonymous ,the better for the bitcoin community.I know that a lot of crypto supporters hate the KYC regulations,but there`s no other way to reduce the crimes and fraudulent activities with btc involved.




▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄    ▄▄▄▄                  ▄▄▄   ▄▄▄▄▄        ▄▄▄▄▄   ▄▄▄▄▄▄▄▄▄▄▄▄    ▄▄▄▄▄▄▄▄▄▄▄▄▄▄   ▄▄▄▄▄▄▄▄▄▄▄▄▄▄   ▄▄▄▄▄▄▄▄▄▄▄
 ▀████████████████▄  ████                 █████   ▀████▄    ▄████▀  ▄██████████████   ████████████▀  ▄█████████████▀  ▄█████████████▄
              ▀████  ████               ▄███▀███▄   ▀████▄▄████▀               ████   ████                ████                   ▀████
   ▄▄▄▄▄▄▄▄▄▄▄█████  ████              ████   ████    ▀██████▀      ██████████████▄   ████████████▀       ████       ▄▄▄▄▄▄▄▄▄▄▄▄████▀
   ██████████████▀   ████            ▄███▀     ▀███▄    ████        ████        ████  ████                ████       ██████████████▀
   ████              ████████████▀  ████   ██████████   ████        ████████████████  █████████████▀      ████       ████      ▀████▄
   ▀▀▀▀              ▀▀▀▀▀▀▀▀▀▀▀   ▀▀▀▀   ▀▀▀▀▀▀▀▀▀▀▀▀  ▀▀▀▀        ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀   ▀▀▀▀▀▀▀▀▀▀▀▀        ▀▀▀▀       ▀▀▀▀        ▀▀▀▀▀

#1 CRYPTO CASINO & SPORTSBOOK
▄▄▀▀▀▀▀▀▀▀▀▄▄
▄█▀▄▄▀▀█▀▀▀█▀▀▄▄▀█▄
▄█▀▄▀▀█ ▄█▄▄▄█▄ █▀▀▄▀█▄
▄▀▄██▄▄▀▀▄▄ ▀▄▄▀▀▄▄██▄▀▄
▄█ ████ ███▌▐███ ████ █▄
█ ████ ████ ███ ████ ████ █
█ ████ ███ ▄▄▄▄▄ ███ ████ █
█ ████ █▀▄█▀▀▀▀▀█▄▀█ ████ █
▀█ ████ ██ ▄▀▀▀▄ ██ ████ █▀
▀▄▀██▀█▄▄ ▀▀▀▀▀ ▄▄█▀██▀▄▀
▀█▄▀█▄▄▀▀█████▀▀▄▄█▀▄█▀
▀█▄▀▀██▄▄▄▄▄██▀▀▄█▀
▀▀▄▄▄▄▄▄▄▄▄▀▀
OFFICIAL
BETTING
PARTNER
.INSTANT & FAST..
.TRANSACTION.....
.PROVABLY FAIR..
......& SECURE......
.24/7 CUSTOMER.
.............SUPPORT.
BTC      |      ETH      |      LTC      |      XRP      |      XMR      |      BNB      |     more
virendarnagpal
Member
**
Offline Offline

Activity: 672
Merit: 12


View Profile
April 11, 2018, 07:52:34 AM
 #3

Honest adjusting nature, understanding other's problems, intelligent category members will raise no objection if it bitcoin is regulated.  KYC is made necessary for purchasing / selling bitcoin.
But there may be members which may not be so adjusting nature.  They will oppose any regulation of the bitcoin transactions for whatever the reason it be. 
So it will be difficult to regulate bitcoin transactions.
Another logic which can be given that criminals are not making payments or receipts in bitcoin only.  They are using fiat currency too.  So regulating bitcoin transactions may though have some effect on criminal's activities but it will not fully control their crimes.
fatirborju
Jr. Member
*
Offline Offline

Activity: 154
Merit: 1


View Profile
April 11, 2018, 08:25:12 AM
 #4

I think the existing rules in bitcoin are very good like making KYC, using ID and using ETH address and many more, just have to run and refine the requirements that have been specified....
freesia_pnp888
Newbie
*
Offline Offline

Activity: 112
Merit: 0


View Profile
April 11, 2018, 10:42:25 AM
 #5

cuz there's bitcoin rush so everyone be like rushing and dashing to get it, they don't mind anything to get more and more, which leads to the result of being scammed so, it's such a sad reality, but we should be careful. MAKE BITCOIN GREAT AGAIN!
crocozino
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250



View Profile
April 11, 2018, 10:48:11 AM
 #6

i think those attacks to the bitcoin is well coordinated
and my guess would be that the primary target is to control cryptomarket
first they want to compromise bitcoin and then other currencies.
because all financial   flow must be controlled by them ( governments )
Dudeperfect
Hero Member
*****
Offline Offline

Activity: 1190
Merit: 534


View Profile WWW
April 11, 2018, 03:55:36 PM
 #7

Well, if criminals are using Bitcoin then they were using fiat currency before 2009, right? So if governments are banning Bitcoin, for this reason, the same logic should be there for fiat currencies. However, coming to the fact, governments can not ban crypto to crypto transactions and they should not blame Bitcoin for the criminal activities. Everyone would use what is convenient for him and it doesn't make any sense to destroy the whole system just because the tiny group of people are using it for illegal activities.
wer9d25gqj
Newbie
*
Offline Offline

Activity: 46
Merit: 0


View Profile
April 11, 2018, 04:01:39 PM
 #8

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 

Im starting to think that bitcoin was made for crimes, maintained by great minds.
CDAnggoro
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
April 11, 2018, 04:27:23 PM
 #9

Well, if criminals are using Bitcoin then they were using fiat currency before 2009, right? So if governments are banning Bitcoin, for this reason, the same logic should be there for fiat currencies. However, coming to the fact, governments can not ban crypto to crypto transactions and they should not blame Bitcoin for the criminal activities. Everyone would use what is convenient for him and it doesn't make any sense to destroy the whole system just because the tiny group of people are using it for illegal activities.

That's the great opinion. But if they didn't make a regulation for this crypto, that crime transaction will be easier by using this crypto. And the worst thing, maybe a lot of corruptor using it for money laundy.
jikurpa
Sr. Member
****
Offline Offline

Activity: 667
Merit: 250



View Profile
April 11, 2018, 04:34:00 PM
 #10

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 
bitcoin can be accessed by anyone, anytime and anywhere so bitcoin can be used anything good bad bitcoin is the purpose and intention of its users
kastara
Full Member
***
Offline Offline

Activity: 560
Merit: 100



View Profile
April 11, 2018, 04:40:14 PM
 #11

I also ask what rules should be in place, because bitcoin is in my opinion a system that anyone can access
silent17
Full Member
***
Offline Offline

Activity: 406
Merit: 119


View Profile
April 11, 2018, 04:52:30 PM
 #12

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 

The "right" regulations would be all the new rules that remove the anonymousy of btc transactions.
"Know your customer" policies and ID verifications would become mandatory for all online bitcoin wallet services and all exchange platforms.The harder for criminals to stay anonymous ,the better for the bitcoin community.I know that a lot of crypto supporters hate the KYC regulations,but there`s no other way to reduce the crimes and fraudulent activities with btc involved.

I'm with you, For the sake of bitcoin and to increase the Bitcoin and Altcoins users we need to accept the fact that Bitcoin needs to have KYC Regulating it, But of course, we can still control our money. The only difference is that We can't really use the Bitcoin for crimes. And I think that will be better for all Bitcoin user around the world. As a Cryptocurrency supporter accepting this fact will allow other countries to accept Bitcoin even if it's value is volatile.
liseff3
Sr. Member
****
Offline Offline

Activity: 532
Merit: 255



View Profile
April 11, 2018, 06:06:31 PM
 #13

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 

The "right" regulations would be all the new rules that remove the anonymousy of btc transactions.
"Know your customer" policies and ID verifications would become mandatory for all online bitcoin wallet services and all exchange platforms.The harder for criminals to stay anonymous ,the better for the bitcoin community.I know that a lot of crypto supporters hate the KYC regulations,but there`s no other way to reduce the crimes and fraudulent activities with btc involved.

I strongly agree with the statement by davis196, but the existence of KYC may not work properly if it isn't supported by many in the bitcoin community, the lack of awareness, pros, and cons, still continue to occur within the community. We cannot move on its own we need a strong hand to socialize it.
dothebeats
Legendary
*
Offline Offline

Activity: 2716
Merit: 1280


www.Crypto.Games: Multiple coins, multiple games


View Profile
April 11, 2018, 06:09:35 PM
 #14

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 

There wouldn't be a regulation wherein every form of illicit activity will be blocked. Bitcoin is deemed as money and can be exchanged for local currencies, so as long as it carries value in its shoulders, this will be a hot target for criminals. Fiat money also faces the same scenario: fiat is heavily used in illegal arms trades and drug money as well yet no one bats an eye since, well, it's printed by the lovely government. Money can be literally used in everything that demands payment, so as long as there are the shady guys demanding bitcoins as a form of payment, people will pay it to get what they want. No regulations would fix that, IMO.

████  ███████  ███
██████████
███      ███████
███      ███████████
██████████████████
████████
███   ████  ███████████
███ ███████████████
█████████
█████████████████
███  ███████
██████████████
███        ████████
███████████▀▀███▀▀███████████
██████▀▀     ███     ▀▀██████
████▀   ▄▄█████████▄▄   ▀████
████▄▄▄███▀  ▀█▀  ▀███▄▄▄████
██▀▀▀██▀      ▀      ▀██▀▀▀██
█▀  ▄██               ██▄  ▀█
█   ████▄▄         ▄▄████   █
█▄  ▀██▀             ▀██▀  ▄█
██▄▄▄██▄             ▄██▄▄▄██
████▀▀▀███▄ ▄█ █▄ ▄███▀▀▀████
████▄   ▀▀███▄█████▀▀   ▄████
███████▄     ███     ▄███████
███████████▄▄███▄▄███████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
..PLAY NOW..
███  ███████  ████
██████████
███████      ███
███████████      ███
██████████████████
████████
███████████  ████   ███
███████████████ ███
█████████
█████████████████
███████  ███
██████████████
████████        ███
tonylewisverdu
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
April 11, 2018, 07:12:05 PM
 #15

no its not, but it all depends on who use it and how it is use.. if its use in criminal activites then its bad..
darkangel11
Legendary
*
Offline Offline

Activity: 1512
Merit: 1081


View Profile
April 11, 2018, 07:50:47 PM
 #16

If you do the same research for any other currency, you'll find that there's even more hits.
For instance:
https://www.reuters.com/article/us-russia-cyber-swift/hackers-stole-6-million-from-russian-bank-via-swift-system-central-bank-idUSKCN1G00DV
https://securityaffairs.co/wordpress/70046/cyber-crime/raiffeisen-cyber-heist.html

There were many similar threads and the main stance, also the one that I like to take is that the currency is never responsible for the crimes that people are using it for. It's just a tool, like a knife that you can stab someone with or make yourself a sandwich. I don't believe that a currency which makes all transactions clearly visible in the blockchain, would be the preferred choice of criminals. At least not when you can choose cash or monero.
thinkme1st
Member
**
Offline Offline

Activity: 532
Merit: 10


View Profile WWW
April 11, 2018, 08:06:13 PM
 #17

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 
I think soon every single exchange platform and wallet services will make it mandatory for everyone to complete KYC and id verifications to use their services or platform that's how this problem can be controlled to some extent.

tonylewisverdu
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
April 11, 2018, 08:09:35 PM
 #18

a payment crypto
eternalgloom
Legendary
*
Offline Offline

Activity: 1792
Merit: 1280



View Profile WWW
April 11, 2018, 08:30:34 PM
 #19

I think Bitcoin should be classified as a currency instead of an asset, at least in the USA this is something that needs to be changed.
Now the IRS is demanding taxes between each trade, because cryptocurrencies are seen as an asset, so each trade between cryptos is seen as a taxable instance.

I really hope that all cryptocurrencies would be exempt from taxes on each trade, just like with Forex.

It's better in my country, Belgium, as crypto is only taxed when it's exchanged for fiat. You pay a flat rate of 33% on taxes on your profit.

mammothine
Newbie
*
Offline Offline

Activity: 116
Merit: 0


View Profile
April 11, 2018, 08:52:25 PM
 #20

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 

Can't control it any more than you can control cash.
palle11
Sr. Member
****
Offline Offline

Activity: 1498
Merit: 259



View Profile
April 11, 2018, 08:57:56 PM
 #21

I really hope that all cryptocurrencies would be exempt from taxes on each trade, just like with Forex.

I think forex doesn't include tax because there are no conversion just exchange  but from fiat to fiat.


It's better in my country, Belgium, as crypto is only taxed when it's exchanged for fiat. You pay a flat rate of 33% on taxes on your profit.

Wow.... This is really high. The tax rate is outrageous. This is a reap off I must say.

        ▄▀▀▀▀▀▀   ▄▄
    ▄  ▄▄▀▀▀▀▀▀▀▀▀▄▄▀▀▄
  ▄▀▄▀▀             ▀▀▄▀
 ▄▀▄▀         ▄       ▀▄
  ▄▀         ███       ▀▄▀▄
▄ █   ▀████▄▄███▄       █ █
█ █     ▀▀▀███████▄▄▄▄  █ █
█ █       ██████████▀   █ ▀
▀▄▀▄       ▀▀█████▀    ▄▀
   ▀▄        ▐██▄     ▄▀▄▀
  ▀▄▀▄▄       ███▄  ▄▄▀▄▀
    ▀▄▄▀▀▄▄▄▄▄████▀▀ ▄▀
       ▀   ▄▄▄▄▄▄▄
.
█ █▀█ █▀█ █▀█  ▄  ▄▀▀ █   ▄▀█ ▀█▀ ▄▀▀ ▄███▄
█ █▀█ █ █ █ █ ▀█▀ ▀▀█ █   █ █  █  ▀▀█ ▀███▀
█ █▄█ █▄█ █▄█     ▄▄▀ ▀▄▄ █▄▀  █  ▄▄▀   
                                        █
████████████████████████████████████ 
███▀▀▀▀▀▀██████▀▀▀▀▀▀██████▀▀▀▀▀▀███ 
█▀▄██▀███▄▀██▀▄██▀███▄▀██▀▄██▀███▄▀████▄
█ █ ▀ ▀███ ██ █ ▀ ▀███ ██ █ ▀ ▀███ █████
█ ██    ▄█ ██ ██    ▄█ ██ ██    ▄█ █████
█▄▀██  ▀█▀▄██▄▀██  ▀█▀▄██▄▀██  ▀█▀▄████▀
███▄▄▄▄▄▄██████▄▄▄▄▄▄██████▄▄▄▄▄▄███
████████████████████████████████████
CRYPTO'S FASTEST
GROWING CASINO

‎ ★
█▄             ▄█
██▄         ▄██
▐█████████████████▌
█████████████████

▄█████████████████▄
▀▀
▄▄▄▄    ▄▄▄▄   ▀▀
▀███▀  ▄████▀  ▄██▀

▄▄   ▀█████  ▀▀▄▄
██████████████████
████▀▀▀▀▀▀▀▀▀▀▀▀█████
██████▄▄▄▄▄▄▄▄███████
▀███████████████▀
▀▀██████████▀▀
▄▄█████████▄▄
▄█▀▀  ▀▀███▀▀  ▀▀█▄
▄█▀        █        ██▄
▄█          █         ██▄
▄███       ▄███▄       ███▄
███▀▀█▄▄▄▄███████▄▄▄▄█▀▀███
█▀      ▀█████████▀      ▀█
█        █████████        █
▀█       █████████       █▀
▀█     ▄█       █▄     █▀
▀██████         ██████▀
▀████▄       ▄████▀
▄▄▄█████▀▀███▄▄▄▄▄███▀▀█████▄▄▄
★ ‎
‎ ★
█▀▀▀▀











█▄▄▄▄
.
PLAY NOW
▀▀▀▀█











▄▄▄▄█
gwapo.zylle
Newbie
*
Offline Offline

Activity: 196
Merit: 0


View Profile
April 11, 2018, 09:15:21 PM
 #22

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 

Bitcoin is very useful and we can use bitcoin in any transaction. The main purpose that we need to resolve is the impropoer usage of btcoin that turns to crime. The regulations must be our lead ro be on the right path. The rumor said that btc will drop soon, I disagree because many years passed by and btc is keep improving even it is flactuated we consider it as a challenge because you are in the right track to become successful.
Kakmakr
Legendary
*
Offline Offline

Activity: 2520
Merit: 1621



View Profile
April 12, 2018, 05:31:24 AM
 #23

The way that the USA is doing this, is in my opinion the correct manner to handle this. They have the SEC to handle most of the complaints and they also regulate exchanges by applying strict AML/KYC regulations. There are not a lot they can do about the pseudo anonymity, so they just concentrate on the registered services and the regulations that apply to them.

They have also declared Bitcoin as a commodity, so people can pay their taxes based on that definition. <Capital Gains>

Duelbits            ▄████▄▄
          ▄█████████▄
        ▄█████████████▄
     ▄██████████████████▄
   ▄████▄▄▄█████████▄▄▄███▄
 ▄████▐▀▄▄▀▌████▐▀▄▄▀▌██

 ██████▀▀▀▀███████▀▀▀▀█████

▐████████████■▄▄▄■██████████▀
▐██████████████████████████▀
██████████████████████████▀
▀███████████████████████▀
  ▀███████████████████▀
    ▀███████████████▀
.
         ▄ ▄▄▀▀▀▀▄▄
         ▄▀▀▄      █
         █   ▀▄     █
       ▄█▄     ▀▄   █
      ▄▀ ▀▄      ▀█▀
    ▄▀     ▀█▄▄▄▀▀ ▀
  ▄▀  ▄▀  ▄▀

Live Games

   ▄▄▀▀▀▀▀▀▀▄▄
 ▄▀ ▄▄▀▀▀▀▀▄▄ ▀▄
▄▀ █ ▄  █  ▄ █ ▀▄
█ █   ▀   ▀   █ █  ▄▄▄
█ ▀▀▀▀▀▀▀▀▀▀▀▀▀ █ █   █
█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█  █▄█
█ ▀▀█  ▀▀█  ▀▀█ █  █▄█

Slots
.
        ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄
        █         ▄▄  █
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄       █
█  ▄▄         █       █
█             █       █
█   ▄▀▀▄▀▀▄   █       █
█   ▀▄   ▄▀   █       █

Blackjack
|              ▄▄▀▀█▌
          ▄▄▀█▄    █
        ▄▀     ▀▄▄ █
       █    ▄▄    ▀█
    ▄▄█    █  █   ▐▌
  ▄▀ █      ▀▀    █
▄▀  ▐▌           █
█ ▄▀▀▄▄        ▄▀
▀▀  ▄  ▀▄▄   ▄▀█
  ▄▀   ▄  ▀█▀  █
   ▄▀ ▄▀   █  █
  ▄▀ █     █▄▀
   ▄▀
NEW GAME!
..CRASH...
|||
[ Đ ][ Ł ]
AVAILABLE NOW
UAE Seasider
Full Member
***
Offline Offline

Activity: 700
Merit: 110

Helios Protocol https://discord.gg/cpzAEMB


View Profile
April 12, 2018, 05:35:52 AM
 #24

Why would you even search for Bitcoin and criminals???

Bitcoin has more legal usage than illegal in any event, what you are looking at are simple ways to do money laundering and exchange value for illicit goods

HELIOS PROTOCOL ★ ✅[DAG]✅[BLOCKCHAIN]✅[PoS]✅[Masternodes] ✈✈✈[weekly Airdrop][join our discord to qualify]✈✈✈
 ▬▬  Mainnet Launched  |  Parallel Blockchain  ▬▬ 
 ▐▐▐▐▐▐▐▐ Website  |  Github  |  Bitcointalk  |  Bounties  |Discord  |  telegram▐▐▐▐▐▐▐▐
Theo222
Full Member
***
Offline Offline

Activity: 459
Merit: 100


View Profile
April 12, 2018, 05:40:28 AM
 #25

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 
make it traceable and every wallet or address has an kyc to know if that is legit and not a dummy. this will reduce the number of illegal transaction and it will be manage easily.
Haxor321
Sr. Member
****
Offline Offline

Activity: 490
Merit: 250



View Profile
April 12, 2018, 05:43:22 AM
 #26

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 

It is true that for now there are many news regarding in many illegal activities that happen because of bitcoin and because of that I think it's really effects the value and the recovery of bitcoin. But as we all known bitcoin is really decentralized therefore it is hard to control it. However, I think it can able to have a much strictly regulation where in it can possible to catch up and block the illegal transaction that possible to happen and I think it's hard to do that but the important thing is they must try to do some solution for this problem.
GamblingPurveyor
Member
**
Offline Offline

Activity: 280
Merit: 10



View Profile
April 14, 2018, 03:36:49 AM
 #27

Bitcoin it self cannot be regulated because it is anonymous and decentralized,  it cannot be traced to a person who owns it,  government bodies of the world can only succeed in regulating only centralized companies built on around bitcoin , such as the mining companies who mine bitcoin,  centralized wallet providers,  and also centralized exchanges who might need license to operate freely.
Odlanyer
Member
**
Offline Offline

Activity: 350
Merit: 10


View Profile
May 07, 2018, 12:30:24 PM
 #28

It depends in the users if they used bitcoin in criminal things, bitcoin has a rules and regulation that they need to follow.
blockchainwriters
Member
**
Offline Offline

Activity: 280
Merit: 15


View Profile
May 07, 2018, 12:42:06 PM
 #29

I think a consensus must be developed by all the companies involved in the development as a team. Then, they should take steps and assist governments in order to avoid Bitcoin for being used for crimes. The cryptocurrency being used for crimes is making the governments being unable to liberally support for its development. I hope situation changes.
Spontebob
Full Member
***
Offline Offline

Activity: 420
Merit: 106


View Profile
May 09, 2018, 04:36:48 PM
 #30

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 

The "right" regulations would be all the new rules that remove the anonymousy of btc transactions.
"Know your customer" policies and ID verifications would become mandatory for all online bitcoin wallet services and all exchange platforms.The harder for criminals to stay anonymous ,the better for the bitcoin community.I know that a lot of crypto supporters hate the KYC regulations,but there`s no other way to reduce the crimes and fraudulent activities with btc involved.

I'm not sure if I agree with this but it can't be solved by just motivating every user to be honest, after all. This is why governments should study and learn how bitcoin works first before making decisions.
rolerVX
Newbie
*
Offline Offline

Activity: 168
Merit: 0


View Profile
May 09, 2018, 04:43:31 PM
 #31

I think the reason of implementing kyc because of bitcoin use for crimes so that by passing the ID of bounty hunters, investors they can easily and immediately recognized the wanted person in the world. I think kyc is a good regulation.
lulutika
Newbie
*
Offline Offline

Activity: 89
Merit: 0


View Profile
May 21, 2018, 09:57:01 AM
 #32

bitcoin i want anyone to be able to access and invest in it, bring profits to the players
Bughah
Newbie
*
Offline Offline

Activity: 90
Merit: 0


View Profile
May 30, 2018, 10:08:40 AM
 #33

I think Bitcoin should be classified as a currency instead of an asset, at least in the USA this is something that needs to be changed.
Now the IRS is demanding taxes between each trade, because cryptocurrencies are seen as an asset, so each trade between cryptos is seen as a taxable instance.




I really hope that all cryptocurrencies would be exempt from taxes on each trade, just like with Forex.

It's better in my country, Belgium, as crypto is only taxed when it's exchanged for fiat. You pay a flat rate of 33% on taxes on your profit.

Hoping someday bitcoin will be legalize in different countries,so that many people can benefits on this.And also the value become more higher.
PaulTrace
Newbie
*
Offline Offline

Activity: 61
Merit: 0


View Profile
May 30, 2018, 06:27:20 PM
 #34

At present the rules of bitcoin is good but i think it need to imposed more strict rules.
nellakarisma
Full Member
***
Offline Offline

Activity: 584
Merit: 101



View Profile
June 06, 2018, 03:36:09 PM
 #35

if in my opinion and my suggestion. bitcoin world preferably. if the price rises gradually little by little and takes a longer time if compared when the price of bitcoin down within one day the price directly down as if going free falling .meaning that if the down should be gradually do not go down sharply.
kleaty Virus
Newbie
*
Offline Offline

Activity: 11
Merit: 0


View Profile
June 07, 2018, 02:21:54 AM
 #36

If people search to know what is bitcoine, they can easily produce theire ans, is the bitcoine is a harmful way to earning money. People fall in the danger by using and earning bitcoine. But its not reality. Actually, bitcoine is that way to earning more coine to improving there loyal condition from past. Its a great way to take a benefit from bitcoine.
mung_nasib
Full Member
***
Offline Offline

Activity: 602
Merit: 100


DeFixy.com - The future of Decentralization


View Profile
June 07, 2018, 09:27:51 AM
 #37

Perhaps a powerful way to avoid the bad behavior of government bitcoin enthusiasts can make a stricter regulation of the world of cryptocurrency for example by requesting a report to them about the transaction each month so that this step is very helpful to the state to stay in the situation awake from a bad problem later.

Doterti
Newbie
*
Offline Offline

Activity: 65
Merit: 0


View Profile
June 07, 2018, 08:54:46 PM
 #38

Perhaps a powerful way to avoid the bad behavior of government bitcoin enthusiasts can make a stricter regulation of the world of cryptocurrency for example by requesting a report to them about the transaction each month so that this step is very helpful to the state to stay in the situation awake from a bad problem later.

Bitcoin is very useful and powerful in any aspects especially developing a better nation but also it is also the worst if they abuse it, and make some problems to make the world to be inequality, that's why we should use bitcoin for good purposes especially having a better life and sustain better future too.
arief.sutono
Newbie
*
Offline Offline

Activity: 94
Merit: 0


View Profile
June 07, 2018, 09:53:46 PM
 #39

Well, if criminals use on behalf of Bitcoin then they use fiat currency before 2009, right? So if the government forbids Bitcoin, for this reason, the same logic must exist for the fiat currency. However, coming to the fact, the government can not ban crypto to crypto transactions and they should not blame Bitcoin for criminal activities. Everyone will use what is convenient for him and it does not make sense to destroy the whole system simply because a small group of people use it for illegal activities. How do you think Thanks
IndigoRed
Jr. Member
*
Offline Offline

Activity: 196
Merit: 1


View Profile
June 08, 2018, 02:44:08 AM
 #40

I agree that there should be some level of regulation to protect users or at least to prevent malicious activity. But with the way it is designed, I’m not sure how this can be done.
Also, criminals will always find a way to do what they do. We have laws in the real world and yet they’re still wreaking havoc on the streets.
AJINSP1997
Newbie
*
Offline Offline

Activity: 8
Merit: 0


View Profile
June 08, 2018, 02:51:03 AM
 #41


I agree that there should be some level of regulation to protect users or at least to prevent malicious activity. But with the way it is designed, I’m not sure how this can be done.
vivekyuvan
Newbie
*
Offline Offline

Activity: 32
Merit: 0


View Profile
June 08, 2018, 03:10:02 AM
 #42

One of the most commonly touted benefits of Bitcoin is anonymity. Many people prefer their transactions to not be linked to their names for political or philosophical reasons. Others do so for the sake of their privacy, such as when making an anonymous donation to a charity. Yet law enforcement around the world is steadily getting better at tracing Bitcoin transactions and finding the names behind the wallets.
The_Dark_Knight
Hero Member
*****
Offline Offline

Activity: 840
Merit: 502


View Profile
June 08, 2018, 03:49:37 AM
 #43

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 
Tell me is there a regulation that has been created that makes people to not use guns in criminal activities? Criminals do not respect the law, that is why they are criminals, there is no law that you can pass which will make people not use bitcoin for criminal activities, what you are saying is precisely why the governments can get away with passing all kind of intrusive laws because some think there is a magic law which can be created which makes everyone to behave and that is unrealistic.
btj
Member
**
Offline Offline

Activity: 115
Merit: 16


View Profile
June 08, 2018, 04:02:54 AM
 #44

Fiat money too can be oriented for criminal use.
fatema
Member
**
Offline Offline

Activity: 336
Merit: 10


View Profile
June 08, 2018, 06:31:02 PM
 #45

It depends entirely on users, they use it for any purpose. They use Bitcoin for criminal purposes or use it for ethical purposes. We should use Bitcoin to follow or follow it.
deadsilent
Hero Member
*****
Offline Offline

Activity: 1148
Merit: 500



View Profile
June 26, 2018, 09:26:23 PM
 #46

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 

Government now implementing law to avoid this scenario. Though it's not followed by the others because they want "decentralized system" to avoid or bypass taxation. The Anti Money Laundering law(AML) is implemented to avoid people from bypassing their burden tax through Know Your Customer(KYC) which force to reveal the identity of the crypto user before they withdraw and liquidate their cyptos. Every bank uses KYC to know who uses their service and what kind of transactions he/she made. Many people don't like it but there's nothing much they can do about it. Yes, people use dark web to buy stuffs there. But to liquidate crypto, it is impossible to do without being traced or reveal your identity.
sitnibtc
Newbie
*
Offline Offline

Activity: 84
Merit: 0


View Profile
June 29, 2018, 03:30:38 PM
 #47

it will solely depende on the user. we cannot control how anyone would use bitcoin. and it is designed that way.
dragoz11
Sr. Member
****
Offline Offline

Activity: 420
Merit: 252



View Profile
June 29, 2018, 03:36:35 PM
 #48

to prevent such payments first of all the governments need to remove the privacy coins such which use different blocks all the time and the sender anyhow can`t be identified after that the KYC such as ICO`s would solve the problem I guess.
Enijesiku Sulaimom
Newbie
*
Offline Offline

Activity: 196
Merit: 0


View Profile
June 29, 2018, 03:49:05 PM
 #49

As far as am concern Bitcoin is deemed as money and is supposed to be exchanged for local currencies, so as long as it carries value in its shoulders, this will be a hot target for criminals. Fiat money also faces the same scenario: fiat is heavily used in illegal arms trades and drug money as well yet no one bats an eye since, well, it's printed by the lovely government. Money can be literally used in everything that demands payment, so as long as there are the shady guys demanding bitcoins as a form of payment, people will pay it to get what they want.
Zohina
Newbie
*
Offline Offline

Activity: 81
Merit: 0


View Profile
July 26, 2018, 01:45:40 AM
 #50

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 


if in my opinion the bitcoin owner should register the company to obtain a certificate of registration, and that has been done by the central bank of the Philippines, so perhaps in the future by regularly collecting data that many countries will approve bitcoin as an alternative payment tool, awaiting a safe and fast system, it can be achieved when many countries open up huge chances of bitcoin.
Tylev
Full Member
***
Offline Offline

Activity: 854
Merit: 104



View Profile
July 26, 2018, 08:53:25 PM
 #51

i think those attacks to the bitcoin is well coordinated
and my guess would be that the primary target is to control cryptomarket
first they want to compromise bitcoin and then other currencies.
because all financial   flow must be controlled by them ( governments )
I absolutely agree with you. All these conversations about the use of crypto currency  in criminals, this is just an excuse. in order to later try to control it, and if it does not work out - to ban. The criminals and before that there were so many ways not to leave traces in their illegal financial activities. The emergence of crypto currency does not significantly affect the increase in the number of crimes. In addition, the crypto currency, this is just a possible instrument of the crime, the person who was responsible for the crime was and still is.
Zohina
Newbie
*
Offline Offline

Activity: 81
Merit: 0


View Profile
July 27, 2018, 01:25:41 AM
 #52

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 


in fact many countries are implementing certain rules for bitcoin owners, but to prevent the occurrence of crimes such as money laundering it seems the criminals not only use bitcoin, because there are still many ways to wash their money, so for the regulation we leave it to each country they certainly have a certain way that is considered suitable, for example the European side by way of registering the owners of bitcoin, other developed countries by way of registering the movement of the money itself.
USDOLLAR
Newbie
*
Offline Offline

Activity: 98
Merit: 0


View Profile
July 30, 2018, 08:24:39 AM
 #53

In my thought owner of bitcoin should register itself as per guideline provided by the government or central bank of the country. Legal way is the only way to approve bitcoin supposed to be as an alternate payment tool by the countries. To open up huge chances of bitcoin through use of latest, fast and safe system.
Tigorss
Member
**
Offline Offline

Activity: 308
Merit: 10


View Profile
July 30, 2018, 02:55:28 PM
 #54

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 

The "right" regulations would be all the new rules that remove the anonymousy of btc transactions.
"Know your customer" policies and ID verifications would become mandatory for all online bitcoin wallet services and all exchange platforms.The harder for criminals to stay anonymous ,the better for the bitcoin community.I know that a lot of crypto supporters hate the KYC regulations,but there`s no other way to reduce the crimes and fraudulent activities with btc involved.
the first bitcoin weaknesses are the absence of regulators, all free to use them from different countries, because this is the bitcoin is often a form of crime theft because it is a very big value, and the function of government regulate or must be the rule for biicoin to avoid this crime.
mrcash02
Hero Member
*****
Offline Offline

Activity: 1190
Merit: 525

CryptoTalk.Org - Get Paid for every Post!


View Profile
July 30, 2018, 10:46:32 PM
 #55

I really don't understand this fetish people have about implementing regulations everywhere... You ask how Bitcoin is supposed to be and then start talking regulations are a must otherwise governments will ban it and the price will fall. I believe Bitcoin is supposed to have nothing to do with regulations. You have Blockchain system and it's already public and transparent for all, so what regulation do you need?

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.CryptoTalk.org.|.MAKE POSTS AND EARN BTC!.🏆
pabpete
Sr. Member
****
Offline Offline

Activity: 545
Merit: 255


View Profile
July 31, 2018, 12:56:57 PM
 #56

For me this cannot be stoped, look at normal cash, do people do something to avoid using money to be used in crimes? Not. The same is with coins, we should find the way to make the law stronger and make the people to live a good life but not find a "mistakes" in ways of payments cash/ coins.
pluMmet
Sr. Member
****
Offline Offline

Activity: 588
Merit: 251



View Profile
July 31, 2018, 01:25:28 PM
 #57

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 

The "right" regulations would be all the new rules that remove the anonymousy of btc transactions.
"Know your customer" policies and ID verifications would become mandatory for all online bitcoin wallet services and all exchange platforms.The harder for criminals to stay anonymous ,the better for the bitcoin community.I know that a lot of crypto supporters hate the KYC regulations,but there`s no other way to reduce the crimes and fraudulent activities with btc involved.
for the value I think bitcoin has been like this is quite profitable for some circles, whether the investors or trade, because for the miners will not have a big effect, but the need to set up the deficiencies and weaknesses of bitcoin can be overcome so some actions we do not want will occur, the taxation system may be applied but reasonably.
jrrsparkles
Full Member
***
Offline Offline

Activity: 1470
Merit: 148


Be kind not Blind!


View Profile
July 31, 2018, 03:28:34 PM
 #58

For me this cannot be stoped, look at normal cash, do people do something to avoid using money to be used in crimes? Not. The same is with coins, we should find the way to make the law stronger and make the people to live a good life but not find a "mistakes" in ways of payments cash/ coins.
Money can be used for anything so bitcoin also can be used for anything as well so there is no exception for the criminals.THey can use the bitcoin even worse but the thing is that they can't lot of bitcoin in anonymous way ,they need to use banks at that time they can be caught.But if you ask me the governments needs to stop the crimes it is unfair that people blame bitcoin for crimes.

███          ██          R O O B E T     |     Crypto's Fastest Growing Casino          ██          ███
███          ██             ███ ██ █   [New!] SPORTS BETTING [New!]   █ ██ ███             ██          ███
███          ██          ────────────    P L A Y   N O W    ────────────          ██          ███
milewilda
Legendary
*
Offline Offline

Activity: 2184
Merit: 1089



View Profile
July 31, 2018, 10:23:50 PM
 #59

I really don't understand this fetish people have about implementing regulations everywhere... You ask how Bitcoin is supposed to be and then start talking regulations are a must otherwise governments will ban it and the price will fall. I believe Bitcoin is supposed to have nothing to do with regulations. You have Blockchain system and it's already public and transparent for all, so what regulation do you need?
The thing comes to their mind on where if regulation would be add up it can increase bitcoins price but it is not really necessary at all yet bitcoin can stand on its own even government would decide to ban it.
When we do tend to read up WP of Bitcoin then even just reading up the first 2 paragraph then we would really know the true usage of bitcoin but people do push further into things
which totally contrary on btc main purpose.

jossiel
Hero Member
*****
Offline Offline

Activity: 2058
Merit: 595



View Profile
August 01, 2018, 01:02:04 AM
 #60

Bitcoin isn't the only currency that's being used by the criminals. However, the government is keep on pushing that title just to have a reason to stop its adoption.

Money can be used for anything so bitcoin also can be used for anything as well so there is no exception for the criminals.THey can use the bitcoin even worse but the thing is that they can't lot of bitcoin in anonymous way ,they need to use banks at that time they can be caught.But if you ask me the governments needs to stop the crimes it is unfair that people blame bitcoin for crimes.
It is now a taboo to some countries but let them be while the countries that understand what bitcoin really is are adopting it.

           ▀▀█▄
     ▀▀██▄▄██████▄████▄
      ▄▄███████████▀█▄
  ▄█████████████████▄█▄ ▄
 ▀  ▀██████████████▀▀█████
   ▄██████▀▀     ▀▀▀▀▄▄▀█▀
 ▄███████▄▄█▀               █
█▀▀ ▀██████▀                █
    ██████▄█▌              ██
   █████████             ▄██▌
    █▀ ▀█████ █▄ ▐▄  ▄█████▀
         ▀███████ ██▄▄███▀
           ▀▀█████████▀
.CoinDragon...7....No..             ▄▄██████▄▄
   ▄▄██████▄████████████
 ▄███████████████████████
▄█████████████████████████▄▄
█████████████████████████████
█████████████████████████████
█████████████████████████████
 ▀█████████████████████████▀
     ██  ▄▄   ██  ▄▄   ██
     ██  ██   ██  ██   ██
     ██  ██   ██  ██   ██
     ▀▀  ██   ▀▀  ██   ▀▀
..Competitions......
..& Tournaments...
..for All..................
marcbitcoins
Full Member
***
Offline Offline

Activity: 854
Merit: 108


View Profile
August 01, 2018, 04:31:08 AM
 #61

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime.  

I think the most likely answer is KYC for the investors in which it is proven effective until today as the government can easily track the Bitcoin holders and investors background. Then for ICOs they should required KYC and SEC regulations to ensure that the facilitators are legit persons with real projects.
Saveplus
Full Member
***
Offline Offline

Activity: 322
Merit: 107


View Profile
August 01, 2018, 02:02:10 PM
 #62

Just like in the bank to avoid criminal activities ,bitcoin need to know more about his investors if he or she can afford to invest those large amount of money or what is the capabilities of every bitcoiners who joined in cryptocurrency.Bitcoin is like money that can used in any criminal activities just like what they said KYC "know your client"rule is a proven test for avoiding those people who used bitcoin in their bad habit.
Yurkov
Sr. Member
****
Offline Offline

Activity: 1106
Merit: 265


View Profile
August 10, 2018, 02:44:39 PM
 #63

There is no regulation that will stop criminals from using it in the wrong way.
It is just the same like with normal money, it will be always use in good and bad ways, crypto is just the same and we cannot do anything with that kind of situation.
YinShuiSiYuan
Hero Member
*****
Offline Offline

Activity: 1078
Merit: 502



View Profile
August 10, 2018, 02:56:53 PM
 #64

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 

Im starting to think that bitcoin was made for crimes, maintained by great minds.

This statement is very harmful for the crypto environment. Each currency can be used for criminal activities. Fiat money has been used for all types of fraud for years. It is simply necessary to take measures to limit this type of activity.

█████████████████████████████████████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████████████████████████████████████
██████████████████████████████▄▄▄█████▄▄▄████████████████████████████████████████████████████
██████████▄█████▄█▄███▄█▄██████████▄██▀▀▀████████████████████████████████████████████████████
██████████████▀████▄████▀██████████████████████████▄█████▄██▄█████▄████▄████▄████▄████████
█████████████████▐█████▌███████████▄█████▀███▀▀████████▀▀▀▀█████▀▀▀██████▀▀███▀▀███████████
██████████████▄████▀████▄██████████████████▄▄▄▄▄███▄▄▄▄█████▄▄▄████████████████████████
████████████████▀█▀███▀█▀██████████▀███████▀█████████▀█████▀██▀█████▀███████████████████████
██████████████████████████████▀▀▀████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████████████████████████████████████
.
.
.WELCOME BONUS UP TO 7 BTC!..
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
.
...BET NOW...
hulla
Hero Member
*****
Offline Offline

Activity: 1806
Merit: 565



View Profile
August 10, 2018, 07:09:34 PM
 #65

There is no regulation that will stop criminals from using it in the wrong way.
You're definitely right with what you said and i dont believe either that the KYC can stop illegal transaction and criminal using crypto currency because people can create fake passport and documents which they will used for their KYC registration. Therefore, I believe the government are trying to use it to control crypto currency cause the government can still use the process used by the FBI to nab illegal transaction.

.
.Duelbits.
            ▄████▄▄
          ▄█████████▄
        ▄█████████████▄
     ▄██████████████████▄
   ▄████▄▄▄█████████▄▄▄███▄
 ▄████▐▀▄▄▀▌████▐▀▄▄▀▌██

 ██████▀▀▀▀███████▀▀▀▀█████

▐████████████■▄▄▄■██████████▀
▐██████████████████████████▀
██████████████████████████▀
▀███████████████████████▀
  ▀███████████████████▀
    ▀███████████████▀
▄▀▄
█   █
█ █ █
█ █ █
█ █ █
█ █ █
█ █ █
█ █ █
█ █ █
█▀▀▀▀▀█
▀█▀█▀
█▄█
█▄█
▄▀▄
█   █
█ █ █
█ █ █
█ █ █
█ █ █
█ █ █
█ █ █
█ █ █
█▀▀▀▀▀█
▀█▀█▀
█▄█
█▄█
.
         ▄ ▄▄▀▀▀▀▄▄
         ▄▀▀▄      █
         █   ▀▄     █
       ▄█▄     ▀▄   █
      ▄▀ ▀▄      ▀█▀
    ▄▀     ▀█▄▄▄▀▀ ▀
  ▄▀  ▄▀  ▄▀
 ▀▄    ▄▀▀
Live Games

   ▄▄▀▀▀▀▀▀▀▄▄
 ▄▀ ▄▄▀▀▀▀▀▄▄ ▀▄
▄▀ █ ▄  █  ▄ █ ▀▄
█ █   ▀   ▀   █ █  ▄▄▄
█ ▀▀▀▀▀▀▀▀▀▀▀▀▀ █ █   █
█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█  █▄█
█ ▀▀█  ▀▀█  ▀▀█ █  █▄█
█  █    █    █  █  █ █
Slots
.
        ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄
        █         ▄▄  █
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄       █
█  ▄▄         █       █
█             █       █
█   ▄▀▀▄▀▀▄   █       █
█   ▀▄   ▄▀   █       █
█     ▀▄▀     █   ▀▀  █
Blackjack
.
▄▄▀█████▀▄▄
▄▀▀   █████ ▄▄▀▀▄
███▄  ▄█████▄▀▀▄███
██████▀▀     ▀▀██████
█ ▀▀██▀ ▀▄   ▄▀ ▀██▀▀ █
█    █    ███    █    █
█ ▄▄██▄ ▄▀   ▀▄ ▄██▄▄ █
██████▄▄     ▄▄██████
Roulette
.
█▀▀▀▄             ▄▀▀▀█
█ ▀▄ ▀▄         ▄▀ ▄▀ █
▀▄ ▀▄ ▀▄     ▄▀ ▄▀ ▄▀
▀▄ ▀▄ ▀▄  ▀ ▄▀ ▄▀
▀▄ ▀▄ ▀▄ ▀ ▄▀
▄ ▀▄ ▀▄ ▀▄  ▄
█ ▀▄ ▀▄ ▀  ▄▀ █
▄▀▄ ▀▄ ▀ ▄▀ ▄▀▄
Dice Duels
Irvinn
Full Member
***
Offline Offline

Activity: 966
Merit: 104



View Profile
August 11, 2018, 06:45:31 AM
 #66

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 
According to studies, bitcoin for illegal purposes is used from one to ten percent of cases. This is a very small percentage. All advanced technologies, and even just sharp objects are used by criminals. Maybe we will not allow people to have kitchen knives, they are very often used by criminals for murders?
 This problem with the use of bitcoin for criminal purposes is absolutely conceived. It is very beneficial for states and banks to further use this topic and restrict it in circulation, or even ban the decentralized crypto currency and, above all, bitcoin.
Danilotot
Jr. Member
*
Offline Offline

Activity: 378
Merit: 1


View Profile
August 11, 2018, 08:49:02 AM
 #67

sorry but i do not get what you want to say? bitcoin is a kind of coins that are inside the crypto, it is the first to enter the currency first. bitcoin is worth a lot, can I imitate what you want to say?
belimblink
Newbie
*
Offline Offline

Activity: 29
Merit: 0


View Profile
August 11, 2018, 08:58:58 AM
 #68

I think we don't need to worry about that, because,  today more and more records are in the bitcoin industry, and it's becoming increasingly clear and can be said that the use of bitcoin for illegal activities will be increasingly traceable.
Ridwan Fauzi
Full Member
***
Offline Offline

Activity: 1330
Merit: 147


View Profile
August 12, 2018, 05:18:05 AM
 #69

sorry but i do not get what you want to say? bitcoin is a kind of coins that are inside the crypto, it is the first to enter the currency first. bitcoin is worth a lot, can I imitate what you want to say?
Do you read this question before?
Quote
If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime
Have you understood?
I will provide conclusions intended by OP, many people used bitcoin as an illegal transaction so as it will make the government worried to adopt bitcoin as a payment system.

This case is often discussed in this forum, the government wants a secure payment system. There is no negative element to the payment system, while bitcoin which has a decentralized system and every bitcoin user is free to falsify their identity to create a wallet, so the government will find it difficult to track down users who are using illegal transactions using bitcoin, even though this case would be the same if someone did illegal transactions using money fiat, but at least this case will be used by the government as an excuse to not adopting bitcoin in their country.

Gadhoh
Newbie
*
Offline Offline

Activity: 154
Merit: 0


View Profile
August 12, 2018, 05:09:23 PM
 #70

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 
You have to know first what you want to know about Bitcoin or Cryptocurrency, read and know more is your capital to start, some exchanges are very important for you to choose because that will be your determinant in the deep time.
cryptocity90
Newbie
*
Offline Offline

Activity: 126
Merit: 0


View Profile
August 15, 2018, 07:20:24 AM
 #71

bitcoin is a kind of coins that are inside the crypto, it is the first to enter the currency first. I think we don't need to worry about that, because,  today more and more records are in the bitcoin industry, and it's becoming increasingly clear and can be said that the use of bitcoin for illegal activities will be increasingly traceable.
chickenado
Hero Member
*****
Offline Offline

Activity: 1036
Merit: 500



View Profile
September 20, 2018, 10:24:22 PM
 #72

I also ask what rules should be in place, because bitcoin is in my opinion a system that anyone can access
Yes I agree with you. Bitcoin is accessible by anyone that's I think bitcoins should have rules and regulations to maintain the bitcoin orderly. The should also think that the rules and regulations is not to control but it is fot improvement.
Good thing to know that bitcoin has a bigger opportunity for improvement, because it is  cryptocurrency currency and driven computer network, you can put some security features to enhance security level of the technology.
Cupomi
Newbie
*
Offline Offline

Activity: 81
Merit: 0


View Profile
September 21, 2018, 02:35:00 AM
 #73

I think the existing rules in bitcoin are very good like making KYC, using ID and using ETH address and many more, just have to run and refine the requirements that have been specified....

very good because with bitcoin we are no longer dealing with banks, because we store bitcoin in our wallets, and wallets are banks for bitcoin, for each transaction is recorded on a blockchain recording machine, blockchain is a tool to record all transactions in bitcoin, and banks -Banks in bitcoin do not serve loans or credit, so in the future bank functions will be replaced by bitcoin. Such things are very supportive in the world of commerce.
Tigorss
Member
**
Offline Offline

Activity: 308
Merit: 10


View Profile
September 23, 2018, 03:06:18 PM
 #74

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 
Obviously if it is not a rule or there is no body that protects, the consequence is that there are many people who do not want to join, even if they have joined, maybe the others will come out.
tanoe
Full Member
***
Offline Offline

Activity: 350
Merit: 100


View Profile
September 26, 2018, 04:32:32 AM
 #75

Well, if criminals are using Bitcoin then they were using fiat currency before 2009, right? So if governments are banning Bitcoin, for this reason, the same logic should be there for fiat currencies. However, coming to the fact, governments can not ban crypto to crypto transactions and they should not blame Bitcoin for the criminal activities. Everyone would use what is convenient for him and it doesn't make any sense to destroy the whole system just because the tiny group of people are using it for illegal activities.

That's the great opinion. But if they didn't make a regulation for this crypto, that crime transaction will be easier by using this crypto. And the worst thing, maybe a lot of corruptor using it for money laundy.

yaa, I thought regulation is the top priority now. because after all, something that has no regulation, will be very vulnerable to crime. although maybe the fact is that bitcoin is not the main cause, but the anticipation step to prevent that is by banning the use of bitcoin globally.
Dudeperfect
Hero Member
*****
Offline Offline

Activity: 1190
Merit: 534


View Profile WWW
September 26, 2018, 04:48:35 AM
 #76

Well, if criminals are using Bitcoin then they were using fiat currency before 2009, right? So if governments are banning Bitcoin, for this reason, the same logic should be there for fiat currencies. However, coming to the fact, governments can not ban crypto to crypto transactions and they should not blame Bitcoin for the criminal activities. Everyone would use what is convenient for him and it doesn't make any sense to destroy the whole system just because the tiny group of people are using it for illegal activities.

That's the great opinion. But if they didn't make a regulation for this crypto, that crime transaction will be easier by using this crypto. And the worst thing, maybe a lot of corruptor using it for money laundy.

yaa, I thought regulation is the top priority now. because after all, something that has no regulation, will be very vulnerable to crime. although maybe the fact is that bitcoin is not the main cause, but the anticipation step to prevent that is by banning the use of bitcoin globally.

Bitcoin is based on the blockchain technology which relies on the principle of decentralization and regulation is not possible without centralisation so regulating crypto industry is killing the core fundamental values of it. There are many other ways to organise the industry without attempting the regulations as it is not possible in case of blockchain based products.
bajigur894784
Member
**
Offline Offline

Activity: 350
Merit: 10


View Profile
October 03, 2018, 04:41:54 PM
 #77

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 

I think it is difficult to find the right rules, where payment for crime is something that is difficult to avoid by a currency including Bitcoin because what determines is the behavior of the holders.

Maybe many think that Bitcoin is a currency that is very suitable for crime and illegal activities because that is anonymous, Of course, its wrong. Bitcoin has the right technology to combat that thing. Blockchain allows that because it is open source.

Sometimes I doubt the reason for rejecting and blocking the bitcoin payment system by the government is because of the anonymity possessed by bitcoin which is often made into an illegal activity payment instrument. Because... isn't KYC and AML more than enough!?
KrishaBitcoin
Member
**
Offline Offline

Activity: 350
Merit: 11

W12 – Blockchain protocol


View Profile
October 23, 2018, 05:14:45 AM
 #78

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 

Requiring  Crypto users of their complete details thru Know your Costumers documents are enough to ensure Bitcoin will be use only in legal activities.Most of the contries that regulated Bitcoin thru KYC requirements did not encounter any trouble and difficulties from the crypto users so i believed that this KYC is enough to protect Bitcoin from illegal people.

W12.io  ▬▬▬▬▬▬  Blockchain protocol                        
            Built F O R :    ❤ Charity Market    ⚫ ICO    ֆ CROWDFUNDING

                                                                                     ◥ TELEGRAMWHITEPAPERTWITTERFACEBOOK ▬▬▬▬▬▬▬▬▬▬▬ ❱❱❱ R E G I S T E R  for the  TO K E N  S A L E ❰❰❰
rushel22
Full Member
***
Offline Offline

Activity: 234
Merit: 100


View Profile
October 23, 2018, 04:25:26 PM
 #79

I also ask what rules should be in place, because bitcoin is in my opinion a system that anyone can access
Yes I agree with you. Bitcoin is accessible by anyone that's I think bitcoins should have rules and regulations to maintain the bitcoin orderly. The should also think that the rules and regulations is not to control but it is fot improvement.
Tapyaks72
Member
**
Offline Offline

Activity: 490
Merit: 28


View Profile
October 24, 2018, 12:05:36 PM
 #80

I also ask what rules should be in place, because bitcoin is in my opinion a system that anyone can access
Yes I agree with you. Bitcoin is accessible by anyone that's I think bitcoins should have rules and regulations to maintain the bitcoin orderly. The should also think that the rules and regulations is not to control but it is fot improvement.
Yeah absolutely of we will think in advance for improvement there's a possibility that bitcoin will be used for some criminal activities like hacking and money laundering. But because it is a crypto currency and digital in nature there's always chance for improvement.

KorakPawon
Member
**
Offline Offline

Activity: 350
Merit: 11


View Profile
November 14, 2018, 02:49:17 PM
 #81

Personally we can't prevent or control whether bitcoin used for good or bad things because it depends on the individual. Besides, bitcoin is decentralized where people are free and able to privately use their own money to do transaction. Every single thing basically has positive and negative effect, and so with bitcoin. We can't control, but we can promote bitcoin to be more 'positive' so that illegal things cannot be done by bitcoin, or at least no one use it to do illegal transaction.
Pattart
Hero Member
*****
Offline Offline

Activity: 1190
Merit: 500



View Profile
November 15, 2018, 12:19:51 PM
 #82

Personally we can't prevent or control whether bitcoin used for good or bad things because it depends on the individual. Besides, bitcoin is decentralized where people are free and able to privately use their own money to do transaction. Every single thing basically has positive and negative effect, and so with bitcoin. We can't control, but we can promote bitcoin to be more 'positive' so that illegal things cannot be done by bitcoin, or at least no one use it to do illegal transaction.
actually this is an old topic that has been around since the blockchain was introduced, but until now there seems to be no clear solution for this. promotion will not change the intention of criminals to not do illegal transactions right? it is difficult to prevent crypto from being used as an illegal transaction..
Harlot
Hero Member
*****
Offline Offline

Activity: 1806
Merit: 669


View Profile
November 15, 2018, 01:18:41 PM
 #83

That is not the problem here, if there is "no correct regulation" all they can do is either create one or block it entirely, the latter is the wrong way to go as they will be missing a big opportunity for their country. When taking into consideration you will know that the world of cryptocurrencies is a big opportunity for their country's economical improvement that is why most of them try to adapt and include it in there system with regulation. This way they can both protect their citizens as well as their economic interest without banning them right away.
entrepmind23
Sr. Member
****
Offline Offline

Activity: 644
Merit: 261


View Profile
November 16, 2018, 12:59:57 PM
 #84

That is not the problem here, if there is "no correct regulation" all they can do is either create one or block it entirely, the latter is the wrong way to go as they will be missing a big opportunity for their country. When taking into consideration you will know that the world of cryptocurrencies is a big opportunity for their country's economical improvement that is why most of them try to adapt and include it in there system with regulation. This way they can both protect their citizens as well as their economic interest without banning them right away.

Well, it would be a win-win situation if both the government and the crypto enthusiasts would come to an agreement as to how to regulate the cryptocurrencies. If the government would not focus on the negative effects of cryptocurrency but they will take a look as well to the positive impact it would bring to their country then there is a chance that the corruption would be lessened which would be a step forward to have an honest government.

As for the crypto enthusiasts, it may seem that we would lose our aim of being free of control by the government but we cannot deny the fact that we still need their approval so that mass adoption would happen and make bitcoin truly a currency and not just speculation purposes.

                 ░▒▓▓▓▓▓▓▓▓▓▒▒░
           ░▒█████████████████████▒░
         ▓███████████████████████████▓░
      ░███████████████▓░▒███████████████░
     ▓██████████▓▓▒░        ▒▒▓▓██████████
   ░███▓                               ▒███▒
  ░████               ▒▒▒               ████▒
 ░█████░           ░███████░            █████▒
 ██████░          ░██      ██▒          ██████
░██████░          ██       ██           ██████▒
▓██████           ██░ ░   ░██           ███████
▓██████         ████████████████        ███████
▓██████        █████████████████        ███████
░██████▒       ███████████████       ░██████▓
 ███████       █████████████████       ▓██████
 ░███████       ████████████████      ▓██████▒
  ▒███████▒       ░ ░     ░ ░       ░███████▒
   ░████████▒                     ▒████████▒
     ▓████████▓░               ░▓█████████
      ░██████████▓░          ▓██████████░
         ▓██████████▒     ▒██████████▓░
           ░▒██████████▒▓█████████▓░
                 ░▒▓▓▓▓▓▓▓▓▓▒▒░
CryptoBull31
Newbie
*
Offline Offline

Activity: 29
Merit: 0


View Profile
November 16, 2018, 01:34:24 PM
 #85

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 

Bitcoin is not a "payment system" like paypal. Bitcoin cannot be "blocked" by the governments. Bitcoin is designed to be sovereign money independent from the governments. OF COURSE bitcoin is used by criminals, by boy do i have a news for you: criminals use money and bitcoin is money.

As for what the right regulation would be is this: ZERO regulations, absolutely none regulations at all. But since the regulations won't work anyway, the governments can come up with any silliness they want.

Zalura
Newbie
*
Offline Offline

Activity: 73
Merit: 0


View Profile
November 17, 2018, 12:22:49 AM
 #86

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 
Indeed, the state should have carried out data collection on bitcoin ownership, the government took steps to implement strict regulations, because with strict regulations and data collection to prevent fraud and money laundering using bitcoin, perhaps the actions that should have been taken from various countries have gone there.
coldplay3r30
Newbie
*
Offline Offline

Activity: 75
Merit: 0


View Profile
November 17, 2018, 01:05:50 AM
 #87

I think the existing rules in bitcoin are very good like making KYC, using ID and using ETH address and many more, just have to run and refine the requirements that have been specified....

maybe there should be socialization to all countries so they want to open up opportunities for bitcoin currencies, and each country will record the ownership of bitcoin in their respective countries, because I think the system of bitcoin is very good and has the potential to become a global currency, there is now a need for recognition from every country to be able to make bitcoin into the future currency.
DavidNiva
Newbie
*
Offline Offline

Activity: 80
Merit: 0


View Profile
November 17, 2018, 02:00:28 AM
 #88

cuz there's bitcoin rush so everyone be like rushing and dashing to get it, they don't mind anything to get more and more, which leads to the result of being scammed so, it's such a sad reality, but we should be careful. MAKE BITCOIN GREAT AGAIN!
we have to understand very well the types of sites that are most likely to be logged, so we should not be tempted by promises that are very grandiose, so accuracy is very important in cyberspace, because there are too many criminals here, actually there are some bitcoin sites that can become a reference to being able to understand the bitcoin currency. we can get it on Google there are many trusted sites.
veleten
Legendary
*
Offline Offline

Activity: 1988
Merit: 1106



View Profile
November 17, 2018, 02:52:00 PM
 #89

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 

The "right" regulations would be all the new rules that remove the anonymousy of btc transactions.
"Know your customer" policies and ID verifications would become mandatory for all online bitcoin wallet services and all exchange platforms.The harder for criminals to stay anonymous ,the better for the bitcoin community.I know that a lot of crypto supporters hate the KYC regulations,but there`s no other way to reduce the crimes and fraudulent activities with btc involved.

oh the famous "bitcoin is used for illegal acivities" story
KYC regulations doesn't do much in terms of reducing crimes! a criminal will always find always to circumvent this
fraudulent activities involving bitcoins or any other , even anonymous crypta is dwarfed by fiat fraudulent activities
the figures are simply incomparable, millions of times more , but all we hear is how bitcoins is used to extort someone
or drugs are bought for bitcoins etc. , you seriously think that it is anything more than a PR against cryptocurrencies
finally, have a look at the total money supply infographics and think, what is used the most for criminal activities Smiley
http://www.visualcapitalist.com/worlds-money-markets-one-visualization-2017/

          ▄▄████▄▄
      ▄▄███▀    ▀███▄▄
   ▄████████▄▄▄▄████████▄
  ▀██████████████████████▀
▐█▄▄ ▀▀████▀    ▀████▀▀ ▄▄██
▐█████▄▄ ▀██▄▄▄▄██▀ ▄▄██▀  █
▐██ ▀████▄▄ ▀██▀ ▄▄████  ▄██
▐██  ███████▄  ▄████████████
▐██  █▌▐█ ▀██  ██████▀  ████
▐██  █▌▐█  ██  █████  ▄█████
 ███▄ ▌▐█  ██  ████████████▀
  ▀▀████▄ ▄██  ██▀  ████▀▀
      ▀▀█████  █  ▄██▀▀
         ▀▀██  ██▀▀
.WINDICE.████
██
██
██
██
██
██
██
██
██
██
██
██
████
      ▄████████▀
     ▄████████
    ▄███████▀
   ▄███████▀
  ▄█████████████
 ▄████████████▀
▄███████████▀
     █████▀
    ████▀
   ████
  ███▀
 ██▀
█▀

██
██
██
██
██
██
██
██
██
██
██
██
     ▄▄█████▄   ▄▄▄▄
    ██████████▄███████▄
  ▄████████████████████▌
 ████████████████████████
▐████████████████████████▌
 ▀██████████████████████▀
     ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
     ▄█     ▄█     ▄█
   ▄██▌   ▄██▌   ▄██▌
   ▀▀▀    ▀▀▀    ▀▀▀
       ▄█     ▄█
     ▄██▌   ▄██▌
     ▀▀▀    ▀▀▀

██
██
██
██
██
██
██
██
██
██
██
██
                   ▄█▄
                 ▄█████▄
                █████████▄
       ▄       ██ ████████▌
     ▄███▄    ▐█▌▐█████████
   ▄███████▄   ██ ▀███████▀
 ▄███████████▄  ▀██▄▄████▀
▐█ ▄███████████    ▀▀▀▀
█ █████████████▌      ▄
█▄▀████████████▌    ▄███▄
▐█▄▀███████████    ▐█▐███▌
 ▀██▄▄▀▀█████▀      ▀█▄█▀
   ▀▀▀███▀▀▀
████
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
████


▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████████▀▀  █████
████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
████████ █ ▄███▄   ███████
████████████████▄▄██████
▀████████████████████▀
▀████████████████▀
▀▀████████▀▀
iePlay NoweiI
I
I
I
[/t
Baimovic
Full Member
***
Offline Offline

Activity: 1106
Merit: 100



View Profile
November 18, 2018, 07:50:31 AM
 #90

can fiat also be used for crime? what do you think is used for terrorist funding from the past to the present if not fiat. so I think if a lot of regulations will only narrow the movement of Bitcoin because Bitcoin has advantages, one of them can be used for pears.
remember nothing is perfect in this world. all have weaknesses.

|   Facebook   |     Twitter     |                                       R A N G E R S                                       |    Discord    |    Medium    |
|    Telegram   |                                        ─────     PROTOCOL     ─────                                        |    Gitbook    |
████  ███  ██  █          VIRTUAL WORLDS BLOCKCHAIN INFRASTRUCTURE          █  ██  ███  ████
DavidNiva
Newbie
*
Offline Offline

Activity: 80
Merit: 0


View Profile
November 22, 2018, 12:41:45 AM
 #91

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 
Of course many countries want to protect their citizens to avoid fraud, it is very good and with steps to block some  Website  that are not good, the effect on bitcoin I think will not have much effect, because the community has begun to realize that the bitcoin currency is still very good at trade, and the actions of several countries are very appropriate.
00shan00
Copper Member
Newbie
*
Offline Offline

Activity: 41
Merit: 0


View Profile
November 25, 2018, 05:43:31 AM
 #92

I think the existing rules in bitcoin are very good like making KYC, using ID and using ETH address and many more, just have to run and refine the requirements that have been specified....
Cupomi
Newbie
*
Offline Offline

Activity: 81
Merit: 0


View Profile
November 26, 2018, 01:32:02 AM
 #93

I think the existing rules in bitcoin are very good like making KYC, using ID and using ETH address and many more, just have to run and refine the requirements that have been specified....

bitcoin must be used as a currency not as a traded asset, we see now there are many bitcoin owners who want to use bitcoin as a payment tool, but actually there are still many countries that do not want to facilitate the use or owner of bitcoin, so bitcoin still does not function as a currency , only as merchandise ...
ningrumxxi
Newbie
*
Offline Offline

Activity: 80
Merit: 0


View Profile
December 04, 2018, 02:23:37 AM
 #94

I think Bitcoin should be classified as a currency instead of an asset, at least in the USA this is something that needs to be changed.
Now the IRS is demanding taxes between each trade, because cryptocurrencies are seen as an asset, so each trade between cryptos is seen as a taxable instance.

I really hope that all cryptocurrencies would be exempt from taxes on each trade, just like with Forex.

It's better in my country, Belgium, as crypto is only taxed when it's exchanged for fiat. You pay a flat rate of 33% on taxes on your profit.
changing the status of bitcoin in each country is very difficult, because every country has its own laws, so making bitcoin recognized as a currency in each country needs support, especially from major countries, but if bitcoin can replace the function of the fiat currency it can facilitate multinational traders , this can be a very good progress for the world trade system, but bitcoin has been recognized as an asset which is a good progress.
KrishaBitcoin
Member
**
Offline Offline

Activity: 350
Merit: 11

W12 – Blockchain protocol


View Profile
December 04, 2018, 02:32:19 AM
 #95

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime.  

Current regulation is already good for me like KYC as the crypto market is now average declining due to low demand as these illegal people are now prevented to hide their huge dirty money using Bitcoin and crypto currencies. You have read this link when Bitcoin is not fully regulated but with the present regulation status then Bitcoin is now safe to use by the legal people.

W12.io  ▬▬▬▬▬▬  Blockchain protocol                        
            Built F O R :    ❤ Charity Market    ⚫ ICO    ֆ CROWDFUNDING

                                                                                     ◥ TELEGRAMWHITEPAPERTWITTERFACEBOOK ▬▬▬▬▬▬▬▬▬▬▬ ❱❱❱ R E G I S T E R  for the  TO K E N  S A L E ❰❰❰
Seeker#9
Full Member
***
Offline Offline

Activity: 658
Merit: 102


View Profile
January 15, 2019, 07:20:36 AM
 #96

There are only few countries that are currently using regulation to prevent the use of cryptocurrency in illegal activities but a group of countries like the G20 are also planning to create a global crypto regulation to combat money laundering and other crimes that uses cryptocurrencies. The G20 nations is an international forum for government officials and central bankers from the 20 biggest economies in the world. It seems that crypto regulation is inevitable but I hope that this one is crypto friendly.
jhongzjhong
Full Member
***
Offline Offline

Activity: 798
Merit: 109


https://bmy.guide


View Profile
January 21, 2019, 05:32:17 PM
 #97

First of all, cryptocurrency and fiat money are both paying method the people could use for transactions. It always depends on the person who uses it if they will use it for good or bad. I believe that fiat money is the easiest way to do some bad stuff compared to cryptocurrency since people in the bad side knows the risk of their money to be dropped and they wanted to make sure all of their efforts will and risks will be paid so instead of using BITCOIN, they would stick to fiat and just set-up a great account to make their money clean.

BeGoods
Legendary
*
Offline Offline

Activity: 1372
Merit: 1008



View Profile
January 22, 2019, 10:18:36 AM
 #98

Personally we can't prevent or control whether bitcoin used for good or bad things because it depends on the individual. Besides, bitcoin is decentralized where people are free and able to privately use their own money to do transaction. Every single thing basically has positive and negative effect, and so with bitcoin. We can't control, but we can promote bitcoin to be more 'positive' so that illegal things cannot be done by bitcoin, or at least no one use it to do illegal transaction.
Nope we can change their perspective. like the OP said that regulation can change the image of a bitcoin that has been built. but we cannot determine their response will be positive or negative about this. at least the government is a shield for them. and when the shield allows bitcoin to enter. of course many people think that bitcoin is something safe
imstillthebest
Full Member
***
Offline Offline

Activity: 1526
Merit: 122


★777Coin.com★ Fun BTC Casino!


View Profile
January 22, 2019, 11:31:14 PM
 #99


bitcoin must be used as a currency not as a traded asset, we see now there are many bitcoin owners who want to use bitcoin as a payment tool, but actually there are still many countries that do not want to facilitate the use or owner of bitcoin, so bitcoin still does not function as a currency , only as merchandise ...

bitcoin isnt only a currency but it is a multi purpose tool where you can use it as asset aside from a stand alone payment system  . this is the reason that many choose to invest and trade it .   its really up to you if what will you prefer   because bitcoin suppose to work that way  .

bitcoin doesnt need to be regulated in order for criminals to stop using it as a medium to do crimes because even the regulated ones such as fiats are still being used .  its just the anonimity that they love because they think they cant be traced whenever they do their shady activities .

marcbitcoins
Full Member
***
Offline Offline

Activity: 854
Merit: 108


View Profile
February 19, 2019, 12:59:27 AM
 #100

I'm in the opposite side in which due to regulations the illegal people can no longer hide their dirty money thru Bitcoin. Just imagine that if illegal people will use Bitcoin then of course the price will climb up as these kind of people will not sell their Bitcoin but only to hide their wealth but now that the regulations are now fully strictly implemented it makes the illegal people to disappear making the price to become cheap too.
Carrelmae10
Member
**
Offline Offline

Activity: 588
Merit: 10


View Profile
February 19, 2019, 08:41:25 AM
 #101

..there is nothing wrong in bitcoin..but instead,,Bitcoin goes wrong because some people using it in a wrong way..some other countries legalized the used of bitcoin for them to impose taxes to bitcoin earners,,others don't do it because they believe that Bitcoin is scam for many people uses Bitcoin for their personal matters,,so the effect of it the image of Bitcoin is not acceptable in the public..But if we are going to used Bitcoin in a very beneficial way,,many wil patronized Bitcoin and many will goin to invest on it..

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ★ ★ ★ ★ ★ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
PLINKO    |7| SLOTS     (+) ROULETTE    ▼ BIT SPINBITVESTPLAY or INVEST ║ ✔ Rainbot  ✔ Happy Hours  ✔ Faucet
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ★ ★ ★ ★ ★ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
goaldigger
Sr. Member
****
Online Online

Activity: 1470
Merit: 328



View Profile
February 19, 2019, 10:35:52 AM
 #102

If you search at the google about bitcoin for criminals, there is a lot.
For example at this link https://www.thesun.co.uk/tech/5092224/criminals-use-bitcoin-for-dark-web-illegal-activity/amp/.
So if there is nothing correct regulations, maybe a lot of countries will be block this payment system.
And as the effects, price of BTC will be drop soon.
So let's start to discuss, what it the right regulations to avoid Bitcoin used as a payment for crime. 

You cannot stop people to do illegal things and i guess bitcoin is just an isolated case. Any form of payment will do including cash, online payments or even in kind. Its such that, bitcoin has all the aspects to keep the identities of the person who is paying thats why its perfect for this.

freebitcoin       ▄▄▄█▀▀██▄▄▄
   ▄▄██████▄▄█  █▀▀█▄▄
  ███  █▀▀███████▄▄██▀
   ▀▀▀██▄▄█  ████▀▀  ▄██
▄███▄▄  ▀▀▀▀▀▀▀  ▄▄██████
██▀▀█████▄     ▄██▀█ ▀▀██
██▄▄███▀▀██   ███▀ ▄▄  ▀█
███████▄▄███ ███▄▄ ▀▀▄  █
██▀▀████████ █████  █▀▄██
 █▄▄████████ █████   ███
  ▀████  ███ ████▄▄███▀
     ▀▀████   ████▀▀
BITCOIN
DICE
EVENT
BETTING
WIN A LAMBO !

.
            ▄▄▄▄▄▄▄▄▄▄███████████▄▄▄▄▄
▄▄▄▄▄██████████████████████████████████▄▄▄▄
▀██████████████████████████████████████████████▄▄▄
▄▄████▄█████▄████████████████████████████▄█████▄████▄▄
▀████████▀▀▀████████████████████████████████▀▀▀██████████▄
  ▀▀▀████▄▄▄███████████████████████████████▄▄▄██████████
       ▀█████▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀█████▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▄█████
██
██
██
██
██
██
██
██
██
██
██
▀█████
.
PLAY NOW
█████▄
██
██
██
██
██
██
██
██
██
██
██
█████▀
sheenshane
Legendary
*
Offline Offline

Activity: 1484
Merit: 1030


🔰Buy/Sell Cryptocurrencies🔰


View Profile WWW
February 20, 2019, 07:27:22 PM
 #103

You cannot stop people to do illegal things and i guess bitcoin is just an isolated case. Any form of payment will do including cash, online payments or even in kind. Its such that, bitcoin has all the aspects to keep the identities of the person who is paying thats why its perfect for this.
I like your point of mate, as I have tried to analyze what is the thing in Bitcoin that needs to be regulated is the identification. If you check all the bitcoin criminals, they only had one thing in common. They took advantage of bitcoin for letting them become anonymous and make transactions.

KYC is something to think about and would actually help bitcoin to have a decreasing number of criminals. But definitely, after all the regulations everything will do, there are always criminals who will find a way to their stupid things and we will not be able to control it.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
livingfree
Hero Member
*****
Offline Offline

Activity: 1862
Merit: 534



View Profile
February 21, 2019, 02:57:38 PM
 #104

You cannot stop people to do illegal things and i guess bitcoin is just an isolated case. Any form of payment will do including cash, online payments or even in kind. Its such that, bitcoin has all the aspects to keep the identities of the person who is paying thats why its perfect for this.
If there's a way to stop criminals to buy illegal things through fiat, then it can be one of the best proposal that we can ever see to stop the usage of bitcoin in a illegal way. There's no way to stop these kind of transactions but the thing that we can do is to start with ourselves. Let us use bitcoin to the simplest and normal way of purchasing legal stuffs and just don't let yourself included to those shady transactions. Bitcoin is making our lives easier to send and receive payments quickly.

BIGGEST AND MOST
TRUSTED FULLY LICENSED
CRYPTO CASINO
▄▄▄▄█▄█▄▄▄▄
▄█████████████▄
███▀▀███████▀▀███
█▀      ▀█▀      ▀█
███████████████████
███████████████████
█████████████████
███████████████
█████████████
███████████████
███████████████
███████████
▀▀███▀▀
█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█
█   ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄   █
█   █   ▄  ███    ███   █
█▀▄▀█ ▄███▄ █  ███ █▀▄▀█
█▀ ▀██▀█▀█▀██████  ██▀ ▀█
█   ▄▀▄▀▄███  ██  █   █
█    █▄█  ██  ██ █    █
█    ██  ██  ███    █
█    █  ██  ██    █
▀▄   ▀▄██ ▄▀   ▄▀
▀▄   ▀█▀   ▄▀
▀▄     ▄▀
▀▀▄▀▀
▀▄ ▄▀▄ ▄▀
█▄ ▀█▄▄▀▄▄█▀ ▄█
▀█▀███▀███▀█▀
▄█████████████▄
█████████████████
█████████████████
███████████████
█████████████████
▀█████████████▀
▀██████████████▀
▀█████████████▀
▀█████████▀
▀▀▀█▀▀▀
SPANISH CLUBS
OFFICIAL ASIAN
BETTING PARTNER
ACCEPT
MULTIPLE
CURRENCIES
..JOIN US..
zee11225
Member
**
Offline Offline

Activity: 315
Merit: 10

“A nexgen decentralized ride hailing ”


View Profile
February 24, 2019, 05:41:12 AM
 #105

I'm in the opposite side in which due to regulations the illegal people can no longer hide their dirty money thru Bitcoin. Just imagine that if illegal people will use Bitcoin then of course the price will climb up as these kind of people will not sell their Bitcoin but only to hide their wealth but now that the regulations are now fully strictly implemented it makes the illegal people to disappear making the price to become cheap too.
Bitcoin to become a healthy digital currency in the future certainly must eliminate the negative impression that has been inherent so far, such as money laundering, terrorist funding, corruption money, and other criminal acts.
To be healthy, it must be open so that it can be monitored by a central bank where crime results can be detected as early as possible so that in the future bitcoin owners can comfortably acknowledge their ownership.

DRIFE  ●●●●●●     IEO-Live: April 2019
██ NEXGEN DECENTRALIZED RIDE HAILING PLATFORM ██
  ●●● Facebook ●● Twitter ●● Telegram ●● BTC ●● Whitepaper ●●● 
Pages: 1 2 3 4 5 6 [All]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!