Criminals and Bitcoin

[emanjun]

I have seen some news regarding hackers, terrorists, and other criminals using bitcoin for illegal trades.
How the police can find about these transactions?
Even if is hard to track illegal transactions, I don't think that Bitcoin can be a danger to society, since the problem is the society and its people.
Since the beginning of the internet this is happening ( the bad people committing crimes)  and no one is willing to shutdown internet because of that, so in that matters Bitcoin should be equivalent. I think those illegal transaction are one of the reasons some governments and the media are trying to depreciate bitcoin, but the problem is not Crypto/blockchain or Bitcoin, is just the society.

I think the best way to avoid those bad acts is to have a rules and regulations inorder for us to be safety. Bitcoin is not the problem but the people who used it in a bad way. I think one of the major reason why government is hesitating in accepting bitcoin because they might know that a lot of people nowadays will use bitcoin in a bad way. Hackers or Scammers are everywhere so we should be wise enough inorder for us to be safety.

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[bitcoinrunners001]

Stealing or criminalism would still persist. Scamming has been here since from the very beginning.Bitcoin gives us the possibility to share money directly without any interference.

[@Mhaiang]

Bitcoin and criminals have a significant relationship in the sense that bitcoin is a decentralized digital currency while criminals always wanted to get their illicit activities done in an untraceable manner. Bitcoin became their favorite medium of dealing the payment of their service, supplies, or even for ransom.

[popoyuyun]

Crime and bitcoin seem to be hard to separate because the bitcoin storage is very tight and can not be tracked as well. Thus many criminals use bitcoin to place illegal transactions.

[putriliesma]

Bitcoin can indeed create many new evils in this world. One of them is money laundering, hacking, and a lot of scammers in circulation. Need more security and prevention from all parties in order to reduce the crime.

[javadsalehi]

One of big problems of criminals is always moving a large amounts of money. Despite I am a bitcoin supporter I cannot ignore that bitcoin is very useful for solving this problem.

[ghiehhhh101]

Bitcoin is not responsible for this.Criminal commit their crime anyhow.Before bitcoin here was crime and it will be if bitcoin don't exist

yes, criminals exist before bitcoin criminals do crimes different ways bitcoin just use by them which is really bad. they are ruining the image of bitcoin to the society.

[Allura74]

One of big problems of criminals is always moving a large amounts of money. Despite I am a bitcoin supporter I cannot ignore that bitcoin is very useful for solving this problem.

Well, being a decentralized system maybe criminals are thinking that they have more chances taking advantage to use bitcoin transaction since it is done anonymously that is why most government used this reason to be hesitant in crypto currency, but I think there is no such different in fiat currency because every currency have no escape from criminals of they tend to uses to.

[DASA NYA]

we can not clarify a deliberate crime or not if bitcoin is used for a crime they must have evidence of whether it is true or not because the police can not prove it right or wrong, we have heard this news many times but where the proof is just an unnecessary piracy we respond.

[genlocy]

Bitcoin isn’t bad for the society and people. Every people love the good and best thing. Evil people do also. This doesn’t make a sense that the Bitcoin is guilty for all these illegal transitions and crime. This means bitcoin has great qualities than any other currencies. It’s privacy proofs so. Yeah , many other countries banned Bitcoin. But I believe one day they will welcome Bitcoin . Tracking cyber team may do something to control crime and illegal transitions. Before Bitcoin there was crime , if there is no bitcoins ,there will be crime. It proofs that Bitcoin has nothing to do with this. It’s a currency and every country do have so, difference is it’s unique and standard.

[CrystalPham]

Bitcoin is dangerous because with the incognito mode, bad guys can use bitcoin to buy weapons, buy drugs, fake identity, conduct killings, money laundering or terrorist financing. .

[HiringYou]

At present scenario bitcoin is playing very essential role.But i can't understand that why peope are relating bitcoins and criminal activities.Bitcoin is not bad but people using it for criminal activities are bad.They are using bitcoin for wrong means.They use bitcoins for buying illegal weapons and drugs.Nobody can control their activity.But i personally believe that in this bitcoin is not at fault but the users who are using bitcoin for wrong activities are at fault.Bitcoin  is acting as a source of earning for many people but due to some criminal activities of people it is not accepted by many countries

[Yatsan]

Yes whether bitcoin existed or not, people would still steal. So stealing or criminalism would persist. Bitcoin is not the problem but human psychological make up. Scamming has been since the beginning of life even from the bible stories.

Absolutely, the addressed problem will not be pointing on the cryptocurrency or bitcoin itself because crime can be done without the use of digital currency. What the certain point is that we cannot a void crime or illegal actions such as hacking and online terrorism, just so happen that some criminals uses bitcoin or other cryptocurrency to get their primary agenda. However, Although this may seem alarming, I don't think bitcoin is that dangerous. As a matter of fact fiat money is more used than bitcoin in crimes.

[vorseb]

There is the reason why it's resricted in m country. However, sooner or later they will definitely receive Bitcoin because they have to keep up with technology.

[Snaic]

I have seen some news regarding hackers, terrorists, and other criminals using bitcoin for illegal trades.
How the police can find about these transactions?
Even if is hard to track illegal transactions, I don't think that Bitcoin can be a danger to society, since the problem is the society and its people.
Since the beginning of the internet this is happening ( the bad people committing crimes)  and no one is willing to shutdown internet because of that, so in that matters Bitcoin should be equivalent. I think those illegal transaction are one of the reasons some governments and the media are trying to depreciate bitcoin, but the problem is not Crypto/blockchain or Bitcoin, is just the society.

First, according to the study, bitcoin is used only as little as ten percent for any illegal purposes precisely because it is not completely anonymous. To commit crimes, a coin like monero is used, which by the level of anonymity far exceeds bitcoin. Using the public address of the desired bitcoin purse and the contents of this purse, that is, what coins are there and how much, and also having the opportunity to trace all the transactions of this purse, law enforcement agencies can go to the exchange or exchanger, where the owner of this purse, performing operations with the crypto currency, identified itself. Thus, it will be installed. At the request of law enforcement agencies, exchanges and exchangers will be required to provide an opportunity to take pictures of these financial transactions, as well as provide other data that will serve as evidence for the court.

[kucritt]

yes i know that bitcoin usually sed by the criminals, like the terrorist distributed money, hacker in ransomware, illegal things like narcotic, guns, and other illegal things. its hard to trace it, because the blockchain is very secure, we know that blockchian is tranparent its mean that we can see the transaction on it but we can't try to identify who ise the owner of that address, who is the senders, and who is the receiver

[James_H]

Before bitcoin exists, evil on earth has already happened. Therefore it all depends on the personality of each person. If used for good, then the results of the bitcoin daari I believe will be good. However if done for a crime I believe it does not go well for that individual.

[MasterCATZ]

it's a pity that bitcoin is really starting to be linked to crime.I hope that with time and its legalization all problems of this kind will disappear

[bitfocus]

Terrorists are using Cash, Gold, Internet, Mobile Phones, Banking, even foods and breathing the air - so, you wanna stop breathing? eating food? using Cash, Gold, Internet, Mobile Phones, Banking?

[groomsxxx]

I'm really sorry that these two things could be such as to communicate with each other and many people use bitcoin for illegal purposes and actions