Using Cryptocurrency for Dark Web

[Impulseboy]

Last night, I saw a movie called Unfriended: Dark Web wherein one of the main characters stole a laptop, which he later found out that it is owned by a member of an anonymous group in a Dark Web. This member sent him bitcoins totaling to $10m to make him do terrible things, dragging his friends into this mess. This got me thinking, I know it is probably possible to use crypto for dark web, but if this is how it is going to be, don't you think that this will make bitcoins and other altcoins dangerous? Can a person really use cryptocurrency for Dark Web?

PS: I am not planning to use cryptocurrency for dark web, I am simply asking if it is indeed possible and its dangers.

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[jvdp]

Darkweb can be the worst part and it's pulls down bitcoin one side because of its usage.

So still we need be safer in white web to access the wallet or keep the fund safer in your wallet. Mostly darkweb users looking to get the payment for scams and hacks they were doing.

Since they want to be safer without accessing their location this is the best way for them.

[DarkBullet]

The sad part is yes, cryptocurrency can always use in dark web and the payment would be anonymous right? Since it is decentralized, no one will be able to detect where that wallet was created and who is the owner of that wallet. Unfortunately, there are some bad guys who used cryptocurrency as a medium of payment for anonymous transactions.

[vy99]

Last night, I saw a movie called Unfriended: Dark Web wherein one of the main characters stole a laptop, which he later found out that it is owned by a member of an anonymous group in a Dark Web. This member sent him bitcoins totaling to $10m to make him do terrible things, dragging his friends into this mess. This got me thinking, I know it is probably possible to use crypto for dark web, but if this is how it is going to be, don't you think that this will make bitcoins and other altcoins dangerous? Can a person really use cryptocurrency for Dark Web?

PS: I am not planning to use cryptocurrency for dark web, I am simply asking if it is indeed possible and its dangers.

Bitcoin usage on the dark web was much higher 3-4 years ago but as the coin has become more mainstream it's usage on the dark web has gone down considerably.

[Impulseboy]

Bitcoin usage on the dark web was much higher 3-4 years ago but as the coin has become more mainstream it's usage on the dark web has gone down considerably.

Oh. I did not know about that. Thank you for that information. I am glad to know that dark web does not use cryptocurrency as much anymore as before because if more people are interested in using cryptocurrency, associating it with the Dark Web may drive people away from joining the crypto world.

[Mometaskers]

Once you go Mariana deep, there's no going back. Burn your devices, fake your death and move to a war-torn country where no one would bother looking for you. 

Yes, people use cryptos for horrible things. With bitcoins though, it's possible for law enforcers to track it so it's unlikely that you'd get paid in it. If you are a casual bitcoin user, it's very unlikely you'd get dragged into something like you saw in the movie.

[shinharu10282016]

> I am simply asking if it is indeed possible and its dangers.

Oh you don't know its dangers? Then I simply advice for you not to do it. That is simple if you want to lengthen your short life here on earth. Many people's lives were corrupted by this dark web. Either they are the victims of a red room and anything that you can consider dangerous there. There is a black market for anything you want to buy in there. Even you can afford to buy a 'child' that is sold there for trafficking. That is what sickening about the dark web is. The bad stories underneath it. Goodluck if you want to try diving. We've warned you enough.

[vit05]

People currently use dollar to do terrible things. Who's blaming the dollar for that?
This type of questioning does not make sense. But yes, Bitcoin has as a great use case its use in Dark Web as a means of payment.

This only demonstrates that it is possible to replace credit cards and cash with Bitcoin. Many here, myself included, met Bitcoin through articles telling the story of Silk Road.

[spadaccino]

Indeed you can use them everywhere but be careful: only those who protect yourself are the real anonymous and you can use with no fear.
Life is beautiful without Authority

[Bloodseekers]

Yes you can using bitcoin in dark web, and not only bitcoin, fiat money too. So the problem is not from bitcoin, but from people. Will be wrong if he uses bitcoin for Negative things. And bitcoin will be very usefull if we use it for positive things. Ex : in my country there was an earthquake, and people in this forum make lokal thread to help it, and we pay it with bitcoin or ethereum. And that very helpful

[dothebeats]

Bitcoin was a prominent currency used in an online blackmarket platform called the Silk Road which was completely shut down in 2014 after its operators were caught and was sent behind bars. Let's face it, bitcoin as a currency will be used in illegal trading and schemes no matter how much we campaign against it. It's money, and even fiat is not safe from such schemes, so does bitcoin. There are a lot of dangers residing when you use bitcoin but it's still up to the end-user whether they'll use it for such or not.

[tazmannia]

As far as I know in 2012-2013, thanks to the darkweb bitcoin overcame the first mark of$250-1000. Thanks to black schemes, the price of bitcoin rose and it received publicity in the media. And then gave birth to the demand for this currency.
In today's world, darkweb only harms bitcoin. His anonymity has attracted people involved in drugs, weapons, prostitution, human trafficking, terrorists, money laundering and more. Today there is an alternative for darkweb, it is a coin Monero. It was originally created coin for these target. I hope that bitcoin will be cleared of all black crimes and soon governments will not consider this coin (money) black market propaganda.

[hakertajniak]

Last night, I saw a movie called Unfriended: Dark Web wherein one of the main characters stole a laptop, which he later found out that it is owned by a member of an anonymous group in a Dark Web. This member sent him bitcoins totaling to $10m to make him do terrible things, dragging his friends into this mess. This got me thinking, I know it is probably possible to use crypto for dark web, but if this is how it is going to be, don't you think that this will make bitcoins and other altcoins dangerous? Can a person really use cryptocurrency for Dark Web?

PS: I am not planning to use cryptocurrency for dark web, I am simply asking if it is indeed possible and its dangers.

Well, bitcoin is infamous because many peoples was using it in the dark web at the early year of bitcoin.
But for now, bitcoin is being used not only peoples from dark web, but in the real life too. You can see that some companies starting to accept bitcoin as payment.

[encycrypto]

Answer me this, who the hell would use a public-friendly thing like bitcoin when other anonymous options like Monero and others are available?

-bitcoin is for innocents (public blockchain)

-monero is for corrupts (private blockchain)

-zcash is for both (zk-snarks)

[Jaycee99]

Last night, I saw a movie called Unfriended: Dark Web wherein one of the main characters stole a laptop, which he later found out that it is owned by a member of an anonymous group in a Dark Web. This member sent him bitcoins totaling to $10m to make him do terrible things, dragging his friends into this mess. This got me thinking, I know it is probably possible to use crypto for dark web, but if this is how it is going to be, don't you think that this will make bitcoins and other altcoins dangerous? Can a person really use cryptocurrency for Dark Web?

PS: I am not planning to use cryptocurrency for dark web, I am simply asking if it is indeed possible and its dangers.

In my own point of view anything is possible for the darkweb many genius persons or hacker and even the people who has knowladge on every technology that  everything related to th internet like cryptopcurrency as well, they could use it for bad reasons and bad influence/ influence someone to use and be by there side at the dark web. As far as I know mysterous things happen in the dark web base on the YouTubers I watched and it is creepy 100%. So Yes tell your friend stop act, think and listen. Do not do any stuff that your friend could regret in the future.

[pooya87]

bitcoin is money, aka a currency. and just like any other currency where you use it is completely up to you. so as long as you can live up with the consequences of your actions, you are free to take them. darknet is just one use case out of millions of use cases of a currency and it has consequences specially when you use a traceable currency.

[akungagal]

yeah, you can use it because bitcoin is a digital currency like the national currency that you currently use. i think everything has its own risks, if you use it for bad or good things then you will get consequences according to what you are doing.

but i think you better stay away from the dark web, because maybe that is the beginning of the damage to your life.

[Keeping Up]

Last night, I saw a movie called Unfriended: Dark Web wherein one of the main characters stole a laptop, which he later found out that it is owned by a member of an anonymous group in a Dark Web. This member sent him bitcoins totaling to $10m to make him do terrible things, dragging his friends into this mess. This got me thinking, I know it is probably possible to use crypto for dark web, but if this is how it is going to be, don't you think that this will make bitcoins and other altcoins dangerous? Can a person really use cryptocurrency for Dark Web?

PS: I am not planning to use cryptocurrency for dark web, I am simply asking if it is indeed possible and its dangers.

bitcoin or cryptocurrency in general has always been used in illegal acts such as payments and purchases in the dark web.
it has been mentioned that one of the main reason why bitcoin is popular right now is because illegal acts like dark web transaction used it as a means of their payment.
it may be hard to accept but this is the reality

[Dimas99]

Darkweb can be the worst part and it's pulls down bitcoin one side because of its usage.

So still we need be safer in white web to access the wallet or keep the fund safer in your wallet. Mostly darkweb users looking to get the payment for scams and hacks they were doing.

Since they want to be safer without accessing their location this is the best way for them.

isn't it a risk for investors with security who are quite vulnerable to theft, one of them is the dark web as you say and need to be vigilant and careful again in the future

[irsykes]

Bitcoin usage on the dark web was much higher 3-4 years ago but as the coin has become more mainstream it's usage on the dark web has gone down considerably.

Oh. I did not know about that. Thank you for that information. I am glad to know that dark web does not use cryptocurrency as much anymore as before because if more people are interested in using cryptocurrency, associating it with the Dark Web may drive people away from joining the crypto world.

I think they will still use it as long it is currency and safe from tracking, they will always use it because anonimity is important to dark web users. Actually for bad or good thing at least bitcoin can adopted for me.