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Author Topic: Using Cryptocurrency for Dark Web  (Read 488 times)
kamBlanV
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September 25, 2018, 02:20:44 AM
 #61

bitcoin can be used for anything, even for crime, so it depends on the bitcoin holder. bitcoin will explore the dark web, and make illegal anonymous transactions.

the goal of the dark web is to secure transactions, and it will be difficult to detect.

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September 25, 2018, 02:47:25 AM
 #62

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.
there is a huge risk of investing in cryptocurrencies, one of which can be used by anyone anywhere and for whatever the results, so in my opinion, the good and bad progress and the development of cryptocurrencies depend on the investor
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September 25, 2018, 02:52:34 AM
 #63

BTC is not the best for the d@rk w3b. A privacy coin would be better. BTC is too easy to track.
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September 25, 2018, 03:07:29 AM
 #64

Bitcoin was a commonly used mode of payment in the dark web not sure about other Alt-coins usage of the coins depends on the holder there are many threads many on similar topic you can check them out to learn more.

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September 25, 2018, 03:13:59 AM
 #65

Another reason why some people are afraid on investing on it and make them think that cryptocurrencies are illegal because of these issues, they are using it in some crimes which destroys the image of cryptocurrencies. Terrorists might using it too because transactions in the dark web are hard to detect nor to trace.

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September 25, 2018, 03:22:14 AM
 #66

Sounds like a plan. I like this idea.  Cool
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September 25, 2018, 06:13:43 AM
 #67

Darkweb is part of modern technology, Anonymous digital money, of course it will be favored to use! But can not deny the strengths of Crypto! I always hope it will grow!
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September 25, 2018, 06:36:04 AM
 #68

yes, the feature of bitcoin itself is very supportive of all types of payments, whether it's payment for crime
indeed, without identity, we can have Bitcoin and send 100 million USD to someone else's wallet in seconds without having to go through police checks
thinkright
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September 25, 2018, 06:45:55 AM
 #69

This isn't something new. When liberty reserve and other similar payment platforms collapsed some time back, most dark web users adopted the use of cryptocurrencies and I know they are still in use as we speak.

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September 25, 2018, 08:07:59 AM
 #70

The dark web have been the major user of cryptocurrency because since they constantly fight to hide they identity from the general public and the law the only means they can carry out they illegal financial transactions is by using bitcoin and the rest of the other cryptocurrencies and this has really given the blockchain and the cryptocurrency a very bad name and in most time make government to term crypto as illegal.
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September 26, 2018, 02:54:34 AM
 #71

Perhaps security measures will improve in the near future? If AI is already progressing to keep social media and other online platforms secure, do you think the same technology can be applied to providing more security for crypto? Maybe AI and blockchain can combine forces or something. What do you think?
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September 26, 2018, 04:43:58 AM
 #72

So far, bitcoin is used for black transactions in the deep web, so it is not new, it often happens that payment transactions with bitcoin for pornographic videos involve minors, drug purchases, terrorist funding, corrupt money laundering and this it has to do with deep web and anonymous is one reason why many countries criticize bitcoin and only certain countries legalize it.
but for us bitcoin is a future financial revolution that can make convenience in every transaction and can provide benefits.
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September 26, 2018, 04:51:18 AM
 #73

that is the thing that many illegal workers used bitcoin because of being anonymous and easy to used. This issue should look by the government but if they do that there were a huge changes with our transactions because we are not anonymous and people dont like it they prefer being an anonymous one.
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