Criminals and Bitcoin

[Randolf007]

everyone also knows, which is a bitcoin problem is human. used in a bad way and will be bad for the bitcoin itself.
for example, in banning bitcoins in different countries to avoid damage by terrorists who use them.
the only way the government is to limit the bitcoin. hopefully the bitcoin of the future gets better.

[MaxKnoblauch]

Highly educated criminals were aware about bitcoin, in the past quite often there were large level hacks who then demand bitcoin as the payment to relieve the hacks. Now this has decreased a large and for the same we cannot say bitcoin is not at all used in criminal activities. The usage still continues.

[chadrs]

Criminals use bitcoin to do evil things.

[Aum Ram]

Yeah its those bad people to blame. This technology is really an innovation however, due to circumstances that may potentially harm more people than benefit them, the government is taking actions of which one is to ban crypto, a preventice action. When the time comes wherein the government get used to and have fair amount of knowledge of the technical in and out of crypto then, more or less they can minimize the thieves thus making blockchain free flowing.

Yeah, i also think that Bitcoins should not be related to criminals as the criminals can use any currency and do the crime and bitcoin is not directly connected to the crime. Although Bitcoins features like anonymity do support the criminals to involve in criminal acts without keeping the trace of transactions.

Bitcoin does not have anonymity. This question has already been discussed many times. And no professional criminals have been using bitcoin for a very long time. For this, there are monero and other more anonymous currencies. Also, there are many programs that successfully analyze bitcoin-transactions and allow you to very effectively track and identify the people associated with these transactions. Forget about the anonymity of bitcoin - it never really existed!

[Magic Sarap]

Hackers will never stop intentionally stealing information or attacking your wallet so you should install two-tier protection and you should be careful of potentially harmful leaks into your data

We all know that today criminals uses bitcoin for their illegal doings. They use it to buy guns, explosives or other things in black market. Sometime criminals hire criminal to commit crime for them, and they use to pay btc ofcourse for their anonymity.

[leostrong.mo]

Bitcoin's emergence solves many of the actual problems in the network because untraceable nature is exploited by hackers and criminals.
Before Bitcoin appeared, criminals used paper money and gold and silver. Without Bitcoin, criminals can still launder money;
Technology is neutral, tools are not good or bad, and there are only people's good and evil.

[Apple Mac]

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.

Well those things makes bad publicity for Bitcoin in general because people are making those things come into reality that makes other people turn into thinking that Bitcoin do really have that bad effect in the society which must not already be blamed on Bitcoin because Bitcoin was not the major problem here but the human behavior because we are the ones who have been using it for either a bad or a good thing. That was really true that with the rise of technology, there is also a technological improvement happening within criminalities which already involve usage of technology to fool other people that was a sad truth because the reputation of Bitcoin was being put into danger.

[Lilmon]

Its quite unfortunate that BTC has been and is being associated with outlaws, Its a fact that there are out laws taking advantage of the unanimity BTC offers and the fact that the transactions cant be traced to launder money, but again, With or without BTC these activities would still be happening, so we cannot solely blame BTC for their activities,.

[elwiswoodie]

The negative thing I do not want to hear is connecting criminals with bitcoin
I strongly disagree, if bitcoins should be used for criminal transactions
I also really hate the criminals who use the technology of blockchain, anonimity and peer to peer from bitcoin, for bad purposes

[szpalata]

The negative thing I do not want to hear is connecting criminals with bitcoin
I strongly disagree, if bitcoins should be used for criminal transactions
I also really hate the criminals who use the technology of blockchain, anonimity and peer to peer from bitcoin, for bad purposes

We cannot control how people should live their lives, spend their money or do their business because money is distributed and everyone can choose to do whatever (legal or illegal) with his money so I don't understand why bitcoin is being drawn into criminality and not the US Dollar or other fiats because before bitcoin came there was drug peddling and the other sorts of deviant behaviors.

[Chaelbrin]

Criminal exercises are all things considered. It's not a result of the web, nor in light of dollars or bitcoin, that wrongdoings are submitted. People are at fault, they perpetrate the violations, not bitcoin. The legislature just uses this as reason. Governments won't permit a decentralized cash, they can't control. What's more, the experts can not simply gruffly boycott bitcoin. That is the reason they utilize this reason to dispose of bitcoin.

[nesis67]

In my opinion, we can not avoid this situation because there are always things like good and bad, right and wrong. It is just unfortunate that people have chosen to use it the wrong way. They use this technology to transfer money that can not be traced, we can not stop the crime from doing illegal ways and any technology that can be used by them. But we can not sentence this error made by bitcoin, because all criminal activity already exist and at a high level before bitcoin exists.

[zanhef24]

Its hard to catch them, this really is given the opposite side of a advantages of bitcoin only people are making thier way to taking advantage bitcoins decentralization and anynomity to operate illegal economic activity (black market).This will destroying bitcoins reputation in every country.

[zuninholo]

Workers always open a bitcoin purse to scrape the contents, but the bad guys have become not bad because the bitcoin bitcoin brings the busy
I think this is not true because it distinguishes too much electronic money. Because in reality crime or finance does not always use the password. The use of fiat money in crime is also very common.

[belalangsembah]

why these problems are a big problem in some countries, and true Criminals and bitcoins are a problem in some countries, this is a big deal because criminals use payment processors as bitcoins and decentralized and some countries lack the technology and awareness to track them

[sikami]

I am always present in every corner of the world
Bitcoin is not to blame for anything that happens about how it is used, people are responsible for what they do and the consequences of their actions.

[Danielfp]

Unfortunately, criminals can always find many ways. Criminals are always present in every time and society, they are using different currencies for their different purposes. And bitcoin one of the tool they use for criminals.

[Jacsnuffles]

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.

Crime is not about Bitcoin. Bitcoin do exist because people want it to exist for it helps lot of people to earn extra income that may help them by providing the needs of their family. Crime may use Bitcoin to do so but its up to people if they are going to believe on the scammers or not. Not all part of intermet is bad or can commit crime it can also help people to know what they want to know. Its just that people uses internet because it is the easiest way to do crime.

Unfortunately, you are right. There are bad people who are using Bitcoin because it will be easy for them to have transactions. But these people are the ones responsible for this act. Bitcoin is Bitcoin and those criminals are criminals. Be more knowledgeable because in this industry you really need sources to survive.

[adnandanish102]

Not only the cryptocurrency,but also the flat maney is being used for illegal pruposes.Bitcoin couldn't do anything to stop these criminals because there is not only the single wallet to store your bitcoin,criminal can keep their currency in various wallets.Hence,they couln't be traced.

[HasithaM]

Various countries have been looking for some convincing ways to deal with screen individual or social affair that usages bitcoin and diverse advanced types of cash in their trades. Checking the trade or trade of bitcoin is extremely hard to do in perspective of nonappearance of drive advancement to for bitcoin surveillance. A couple of governments have recently come to fruition to driving some strict controls to keep bitcoin and distinctive crypto from falling under the control of unlawful merchants.