Criminals and Bitcoin

[andisuk]

if bitcoin directly in say as a tool of criminals of course that is wrong because bitcoin has a myriad of benefits of goodness. not just bitcoin that can be used as a tool for crime but there is regular money as well, and whether people will assume if it is also a crime

[BlockpassIDN]

Interpol are already using the bitcoin network to track criminals. Representatives from the organisation have spoken at events to describe this.

[TTITA]

Since this is kind of difficulty things to do for police to tracking down every transaction related criminal activities, so the possibility can doing by the police with this kind of case are by involving some exchanges with further investigation. I'm sure if any party can see this as mutual agreement for both because these criminals things just making bad of Bitcoin popularity.

[Cryptoproff]

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.

[Coinnosaurus]

Bitcoin is often accused by regulators as being a tool for money laundering by criminal organizations, but cryptocurrency is may simply be a different payment method for the same crimes.

[zeingrind777]

Since this is kind of difficulty things to do for police to tracking down every transaction related criminal activities, so the possibility can doing by the police with this kind of case are by involving some exchanges with further investigation. I'm sure if any party can see this as mutual agreement for both because these criminals things just making bad of Bitcoin popularity.

Yes, right. each account registration for exchange must provide clear identity cards and facial photos. I think that's the thing to do.

[Chamaplal123]

Bitcoin is favourite of criminals. What ever Bitcoin is in position is because of the criminals and dark web. Because they are the first adopter of Bitcoin

[cryptomaster4]

Yeah you're right.but I think it's need to regulate or fix correctly to bring bitcoin a legal one.And also I think it will happen soon.because some countries are banning cryptocurrencies.So someone need to find a method to fix this.

[Kakawate]

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 what you are saying is true, bitcoin is being used by those people in the society hat has criminal intentions, but bitcoin itself as well as the whole cryptocurrency is not to blame, it is those people who are having these evil intentions. Anything can be used as a tool for a crime, but it doesnt mean that that tool is created for that crime, its the people not the tool.

[Bellator]

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.

Right the main problem here is the people itself and not this new trend of currency the bitcoin and the blockchain technology.Hackers,scamners,terrorist and other criminals were already there even if bitcoin doesn't exist that is why we can't blame bitcoins existence because alot of people benefited from it in which we earn extra money from this cryptocommunity,bitcoin has never harmed anyone nor it lifts up every peoples life whose been a part of this crypto community.

[signup01]

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.

indeed bitcoin is always preached with badness and criminality because we also know bitcoin can be accessed by anyone and anywhere and there is no guidelines or rules governing bitcoin usage, all back again to the investors with what purpose they invest

[PHP.guru]

Bitcoin is one of the platform for criminal to raise fund or to transfer fund. But now there is a private coin that more privacy that criminal would prefer because the blockchain allow the users to track and someone manage to track down a few of the criminal activities.

[Piggymonster]

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 completely agree with you, it is not the creation of bitcoin, it is the people who are so selfish that they will do anything just for the money. Bitcoin has nothing to do with the dirty works of men, it is just used by the greedy people to scam and fraud other people for their own benefit.

[jayarbillones]

for me Stealing or criminalism would still persist. Scamming has been here since from the very beginning,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.

[sulec70]

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.

Criminality and illegal trade should be distinguished from bitcoins. Lets not forget that before the invention of cryptocurrencies; issues of hacking, terrorism and other nefarious activities were still on record; why do we now associate every bad act to the advent of cryptos. I believe bitcoin have nothing to do with criminals

Openly, it must be accepted that bitcoin can be used for illegal transaction. Bitcoin can be hacked or stolen. Besides that also must be realized that it can be used to buy drug, buy weapon, terrorist funding even money laundry. These illegal use should be overcomed together to support bitcoin growth because it can also bring a lot of benefits to people.

[CaptainKid]

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.

Although you have the rank of beginner in this forum, I like your reasoning and I completely agree with you. But unfortunately not all people think so, and some think quite the opposite.

[parlerm]

Illegal things like this are a lot and we can not prevent it. As you say BTC is not a bad thing, the bad is the person who abuses it. This we need to convey to others so that others do not misunderstand.

[tanginamoo]

Bitcoin is one of the platform for criminal to raise fund or to transfer fund. But now there is a private coin that more privacy that criminal would prefer because the blockchain allow the users to track and someone manage to track down a few of the criminal activities.

Beside from raising fund and transferring fund, scam which is considered also as a crime that can be committed by anyone is also widespread in bitcoin. But more importantly, it depends on person itself if he/she wants to commit bad deed, and I hope that most of us has a good intention in using the bitcoin.

[zarados]

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.

Criminality and illegal trade should be distinguished from bitcoins. Lets not forget that before the invention of cryptocurrencies; issues of hacking, terrorism and other nefarious activities were still on record; why do we now associate every bad act to the advent of cryptos. I believe bitcoin have nothing to do with criminals

Openly, it must be accepted that bitcoin can be used for illegal transaction. Bitcoin can be hacked or stolen. Besides that also must be realized that it can be used to buy drug, buy weapon, terrorist funding even money laundry. These illegal use should be overcomed together to support bitcoin growth because it can also bring a lot of benefits to people.

the real problem here lies only in the individual that misuse something that does not fit the actual function. For example, drugs, drugs - these drugs were created to help the medical personnel in the process of operation and others, but there are unscrupulous individuals who abuse these drugs and traded illegally. Just as the actual bitcoin was created to help the transaction process get better, instead used as a means of money laundering and terrorist financing.

[YzzyGo]

Bitcoin can be a tool for progress but it really depends on how you use it. Much like a gun can be used to protect or destroy but it depends on who wields it. So it is regulated.