Bitcoin, Dark Web, Drugs and Government.

[Asuspawer09]

Philippines war on drugs entered a new phase as drug Syndicates are now using bitcoin to transact and avoid detection from the government. PDEA(Philippine Drug Enforcement Agency) recently found out that most organized Drug syndicate are using the dark web to transact to each other. It's clear that some countries are slower at adopting new technologies and these drug syndicate took the opportunity to make their transactions much easier without being detected by the government. here is the link for more details: https://www.philstar.com/headlines/2019/06/11/1925535/pdea-drug-syndicates-use-dark-web-bitcoin

I think it was given since the Philippines was already adopting a technology it was already a great asset for them to use,
They could easily use bitcoin as an asset of transactions for selling drugs since it was impossible to be trace because it has an anonymous transaction,
Surely the government could not do anything about this but they could just banned bitcoin in the country, surely the president is just going to be violent about this.
And I think it was not yet fully developed or use in drug transactions since a lot of bitcoin wallets in need a KYC I think they will not risk giving their identity.

[Joseph Knight]

Bitcoin transaction ledger is seethrough.
Drugmarkets use Monero reportedly , which has maybe the best anonymity features
Of any crypto that are privacy focused.

Started to wonder as I saw the title, and remembering recent news of Monero dev Spagni
stepping down officially from leading position in Monero.
Maybe he wants to have distance to XMR as it's use as a darkmarket currency could bring problems to him.

Well, anyway kids - Don't do Drugs.

[X-ray]

Let the government and the rest of the haters continue to take a swipe at Bitcoin in their bid to discredit and drag it down. They've tried enough damage yet Bitcoin isn't dead. It's a big shame on them because 2020 will see another halving of Bitcoin that will further strengthen the price. Bitcoin has come to stay whether it's labelled a courier for drugs and illicit activities or not (as if fiat isn't used for such too), the community will continue to seek it.

It's really funny considering fiat takes up the biggest portion of currency being used for dealing drugs or any criminal activities and bitcoin is the one that take blame. the mentality of media right now is always putting crypto at the position to blame meanwhile if we are talking about money laundering there are definitely so many method out there that didnt use crypto but still can get away easily. even i doubt people with right mind will deal illegal things using crypto anyway considering how hard it's just to cash out from exchange.

[agentx44]

Philippines war on drugs entered a new phase as drug Syndicates are now using bitcoin to transact and avoid detection from the government. PDEA(Philippine Drug Enforcement Agency) recently found out that most organized Drug syndicate are using the dark web to transact to each other. It's clear that some countries are slower at adopting new technologies and these drug syndicate took the opportunity to make their transactions much easier without being detected by the government. here is the link for more details: https://www.philstar.com/headlines/2019/06/11/1925535/pdea-drug-syndicates-use-dark-web-bitcoin

That is one of the most dangerous uses of bitcoin. It is being used in illegal transactions conducted by terrorists and syndicates which makes things harder for the government to take legal actions. If this would continue, we should expect that drugs will be more evident in different parts of the world, not only in the Philippines. Also, there are other illegal products that are being sold under the black market where bitcoin serves as the mode of payment so it should not be a surprise seeing things like this anymore, I mean it's not new.

[Colt81]

Philippines war on drugs entered a new phase as drug Syndicates are now using bitcoin to transact and avoid detection from the government. PDEA(Philippine Drug Enforcement Agency) recently found out that most organized Drug syndicate are using the dark web to transact to each other. It's clear that some countries are slower at adopting new technologies and these drug syndicate took the opportunity to make their transactions much easier without being detected by the government. here is the link for more details: https://www.philstar.com/headlines/2019/06/11/1925535/pdea-drug-syndicates-use-dark-web-bitcoin

Drug syndicates are also getting smarter and smarter just to find a way on how they could sell drugs. It is the reason why a lot of countries has a bad view about bitcoin because some people used the dark web just to make transactions with their illegal businesses for them to be untraceable by the police or the drug enforcement agency.

[imstillthebest]

............

Drug syndicates are also getting smarter and smarter just to find a way on how they could sell drugs. It is the reason why a lot of countries has a bad view about bitcoin because some people used the dark web just to make transactions with their illegal businesses for them to be untraceable by the police or the drug enforcement agency.

they need to be smart so that they can think of the ways on how to continue thier business because this where they get thier wealth the most  . business like this are easy money and they can earn huge but the big problem is that it is illegal   .

darkweb is the one that we blame here not btc because btc is only a currency and a currency can be used anywhere but a website like darkweb is only specific for listing strange things and illegal things as well  .

[BitHodler]

darkweb is the one that we blame here not btc because btc is only a currency and a currency can be used anywhere but a website like darkweb is only specific for listing strange things and illegal things as well  .

I don't think we should blame dark web markets either. While I definitely don't agree with some of what's being sold or offered there, it shows that the people on these markets enjoy the benefits of what Bitcoin has to offer.

If these people using these markets can enjoy what Bitcoin has to offer, we as regular users can do so too. As long as that is the case, I don't see much wrong with how other people are using Bitcoin. Things are as they are whether we like it or not.

[DaftAjax]

To be honest this is not surprising anymore. The same case was reported from other countries as well. The only difference is that it's from a different location, who honestly has one of the worst online security. In fact, my first introduction to Bitcoin was something like this, you can use it in illegal websites like dark web and such. But then I quickly realized that it doesn't have much difference from fiat money, it's a medium that you can use to exchange for almost anything.

Terrorists and syndicates have always been smart to do such things, they have to after all. It's a waste that they use such minds to perform such schemes. But then again, a quote took me aback, it says "You either die a hero, or you live long enough to see yourself become the villain".

[pawanjain]

It's not something new dude. People have been using bitcoin all over the dark net since a long time now.
There is no stopping to it till date which is why bitcoin is still being used on the dark web despite new cryptocurrencies getting emerged.
So using a particular thing for a good purpose or a bad purpose completely depends from person to person.

[joshy23]

It's not something new dude. People have been using bitcoin all over the dark net since a long time now.
There is no stopping to it till date which is why bitcoin is still being used on the dark web despite new cryptocurrencies getting emerged.
So using a particular thing for a good purpose or a bad purpose completely depends from person to person.

It depends from the intentions of the users, since bitcoin was been accepted as a currency even those illegal practitioners will take the advantages to use this system. It's not new anymore everyone is free to use this currency whether they use it illegally or use it in the right manner it will only depending with the holders and hope they will practice the freedom that they have from this industry.

[EliteCrash]

Well bitcoin is just what gives these kind of people the opportunity to do such acts. But they would have most likely found a different way if bitcoin was not an option. But it will just be labeled as bitcoin being the scapegoat in the situation.

[Youghoor]

Philippines war on drugs entered a new phase as drug Syndicates are now using bitcoin to transact and avoid detection from the government. PDEA(Philippine Drug Enforcement Agency) recently found out that most organized Drug syndicate are using the dark web to transact to each other. It's clear that some countries are slower at adopting new technologies and these drug syndicate took the opportunity to make their transactions much easier without being detected by the government. here is the link for more details: https://www.philstar.com/headlines/2019/06/11/1925535/pdea-drug-syndicates-use-dark-web-bitcoin

Sometimes its very sad to see the government always relating cryptocurrency or Bitcoin to the dark web, drugs and other criminal activities seen in the world but they forget that the decentralized nature of the cryptocurrency platform makes it easy to trace every transactions made on the blockchain network. Instead of them joining the crypto space and deploying developers into creating systems that can be used to track down these activities, they just spend their time developing useless policies that will not help prevent these activities........

[Bitcoin SV]

Philippines war on drugs entered a new phase as drug Syndicates are now using bitcoin to transact and avoid detection from the government. PDEA(Philippine Drug Enforcement Agency) recently found out that most organized Drug syndicate are using the dark web to transact to each other. It's clear that some countries are slower at adopting new technologies and these drug syndicate took the opportunity to make their transactions much easier without being detected by the government. here is the link for more details: https://www.philstar.com/headlines/2019/06/11/1925535/pdea-drug-syndicates-use-dark-web-bitcoin

For what purpose else is BTC has created?

Only BSV is legit and law abiding

[crossabdd]

this is the reason why bitcoin can't be accepted in many countries, one of which is that many countries are not ready to adopt the latest technology (blockchain) because they don't have developers in the blockchain field. when decentralization goes, freedom is a right. so someone can do anything about their assets in crypto. including drug transactions without being tracked. there are good and bad things about Bitcoin. the good thing is that bitcoin makes it easy for all distant transactions in a short amount of time. the bad is that bitcoin can be used for anything (including illegal transactions without being tracked)

[Kambal2000]

this is the reason why bitcoin can't be accepted in many countries, one of which is that many countries are not ready to adopt the latest technology (blockchain) because they don't have developers in the blockchain field. when decentralization goes, freedom is a right. so someone can do anything about their assets in crypto. including drug transactions without being tracked. there are good and bad things about Bitcoin. the good thing is that bitcoin makes it easy for all distant transactions in a short amount of time. the bad is that bitcoin can be used for anything (including illegal transactions without being tracked)

That's why we do understand them, because if we they will let this to happen meaning that they are also allowing dard web, criminals to do illegal things in their country, so they really need to make sure that at least they are doing their job to protect the country or else, if Bitcoin will be widely used in a certain country it will be their obligation at all.

[Blackdeath]

Philippines war on drugs entered a new phase as drug Syndicates are now using bitcoin to transact and avoid detection from the government. PDEA(Philippine Drug Enforcement Agency) recently found out that most organized Drug syndicate are using the dark web to transact to each other. It's clear that some countries are slower at adopting new technologies and these drug syndicate took the opportunity to make their transactions much easier without being detected by the government. here is the link for more details: https://www.philstar.com/headlines/2019/06/11/1925535/pdea-drug-syndicates-use-dark-web-bitcoin

No doubt that Philippine drug syndicates are using bitcoin to sell and buy drugs in the dark web to avoid detection from the government because Philippine government is still not yet fully aware about cryptocurrency and bitcoin, that is why drug syndicates is taking all the advantage and freedom for them to sell and buy drugs in the dark web.

[jostorres]

Lots of people on the dark web are now making use of Bitcoin as a way to be out of sight from the government. That has been a major point for most people when they want to speak against Bitcoin and other cryptocurrencies, but there's really nothing we can do about this issue. Some people, when they are given freedom tends to misuse it, and that's what they are doing with Bitcoin.

Bitcoin has given people freedom to do whatever they want and stay anonymous ( not 100%), so some bad eggs in the society are now trying to misuse that opportunity they have been given. This does not mean that bitcoin is the core reason because these types of illegal things are here for decades to century. Some governments has realized this fact whereas most governments are still studying bitcoins in this aspect.

[johnwest]

Philippines is already a troubled place with all the fights between drug lords, terrorists and government people, there is no doubt that lots of these negative people are using crypto to launder there money in. Governments may try regulate with serious measures in order to stop the activities. Its a serious concern which should be discussed in order to grow as a community.

[Bitcoinislife09]

Philippines war on drugs entered a new phase as drug Syndicates are now using bitcoin to transact and avoid detection from the government. PDEA(Philippine Drug Enforcement Agency) recently found out that most organized Drug syndicate are using the dark web to transact to each other. It's clear that some countries are slower at adopting new technologies and these drug syndicate took the opportunity to make their transactions much easier without being detected by the government. here is the link for more details: https://www.philstar.com/headlines/2019/06/11/1925535/pdea-drug-syndicates-use-dark-web-bitcoin

It is not surprising since bitcoin was already use by terrorist in a lot of illegal transaction in all over the world surely they are going to recognized this kind of technology overtime and try to use it also in a illegal transactions the bitcoin technology was surely a great option for them so that they could easily make transaction and hide their identity at the same time.

[Mike Mayor]

None of this would even be a problem if they just legalized drugs. -_- lol and a "war on drugs" that is the bs USA started after ww2 when they were the ones testing drugs on their own soldiers.... -_-
You can't get peace through war. "the war on drugs" is a pathetic saying anyway. It sounds retarded. Now they want to blame crypto for "enabling" people to buy drugs.
Like seriously??? Happy people don't go waiting in the middle of the night for a drug dealer, do they? So I guess the problem is that the person is unhappy and not the drugs. Blaming drugs means you too weak to take responsibility of your own actions. A drug will sit on the table it cannot harm you. You have to make the decision to take it.

Rather than waging a never-ending war and a war that they can never ever win they prefer to punish people for their drug use. How about you fix your society so people are not so unhappy?
I very much doubt bitcoin is used to buy drugs its just bs and FUD.