Sithara007
Legendary
Offline
Activity: 3304
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 04, 2022, 02:46:22 AM |
|
I don't understand one thing. If a terrorist uses a M249 SAW light machine gun to murder scores of people, are you going to arrest the terrorist, or the manufacturer of this machine gun (FN Herstal)? Same with cryptocurrency as well. Crypto is just a medium and we can't expect all of the users to follow the rules. These arguments are applicable for fiat currency as well. Even now fiat is 100x more likely than cryptocurrency to be used for illegal dealings. But I have never seen anyone arguing for a ban on fiat currency.
|
|
|
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
AVATAR & PERSONAL TEXT Leading Crypto Sports Betting & Casino Platform Feel free to drop your doubts bellow Report to moderator ♠ ♥ ♣ ♦ ▬▬▬ ▬ Stake.com / Play Smarter ▬ ▬▬▬ ♠ ♥ ♣ ♦ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ L E A D I N G C R Y P T O C A S I N O & S P O R T S B E T T I N G Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. Strongkored Legendary * Online Online Activity: 2072 Merit: 1061 View Profile Personal Message (Online) Trust: +0 / =0 / -0 Ignore Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY May 31, 2022, 08:28:59 AM Reply with quote +Merit #2 Bitcointalk Username: strongkored Profile Link: https://bitcointalk.org/index.php?action=profile;u=640554Post Count: 5040 Forum Rank: Legendary Are you able to wear our Signature, Avatar & Personal Text? will wear upon receipt Stake
|
|
|
blatchcorn
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 04, 2022, 07:54:00 AM |
|
I don't understand one thing. If a terrorist uses a M249 SAW light machine gun to murder scores of people, are you going to arrest the terrorist, or the manufacturer of this machine gun (FN Herstal)? Same with cryptocurrency as well. Crypto is just a medium and we can't expect all of the users to follow the rules. These arguments are applicable for fiat currency as well. Even now fiat is 100x more likely than cryptocurrency to be used for illegal dealings. But I have never seen anyone arguing for a ban on fiat currency.
Terror financing and money laundering is happening with fiat for centuries but no one is pointing on banning fiat. Just like fiat, crypto is double edge sword which has both good and bad usage. The only reason why government ignore fiat and focus on bad usage of crypto is because decentralized crypto is not under there control. Its really that simple.
|
|
|
|
suzanne5223
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 04, 2022, 12:41:36 PM |
|
I don't understand one thing. If a terrorist uses a M249 SAW light machine gun to murder scores of people, are you going to arrest the terrorist, or the manufacturer of this machine gun (FN Herstal)? Same with cryptocurrency as well.
I believe the major problem the world is facing now is caused by the government's political naiveness which they believe is knowledge because the problem the world is having now all started through political error and the same thing caused the conflict between Russians and Ukraine. Besides, the something leads to the government printing more fiat every year. Th sad part is that they ignore all this and focus more on innovative technology like cryptocurrency when their incapable was the reason why Satoshi introduced Bitcoin.
|
🎁 | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . 375% | 200 . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | 🛞 | ☆ | | ☆ | 🛞 | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀▀▀ .U P T O . ▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ .300€ + 50 . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ .F R E E S P I N S . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | 🎁 | |
|
|
|
Myleschetty
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1179
Merit: 78
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 04, 2022, 06:10:39 PM |
|
currently now tracking is being done to apprehend some illegal bitcoin movements and its a big step towards avoiding bitcoin from being labelled with these kinds of laundry scenes. hope we can arrive at a bigger solution to get it solved once and early, its going to be difficult so it might take some time. fiat is also being used to launder but not as easy as bitcoin.
As difficult as it is difficult for bitcoins to be misused for money laundering, they can still be found, because from the government that requires KYC for exchange, from there all data can be tracked, indeed this is a dilemma where on the one hand crypto is anonymous, but on the other hand because of KYC, in the end the movement crypto can be traced. but at least with the current rules, it can give crypto some wiggle room for legalized trading Yes, KYC limits the chance of online theft abusing the potential of cryptocurrency but it does not make all crypto transaction movement to be traceable although making crypto transactions to be private requires some extra effort but the needed effort is what some people don't understand. I also hope you understand that not all crypto exchanges support the KYC implementation.
|
|
|
|
Fortify
Legendary
Offline
Activity: 2772
Merit: 1198
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 04, 2022, 07:58:22 PM |
|
The only remedial step that will satisfy most governments, who currently have pretty free rein to view and monitor every transaction taking places with banks in their jurisdiction will be full traceability of funds. That means data sharing across the world on the scale of the current financial system, where it's possible to identify all inputs and all outputs to the system back to particular people (in theory). That is what every politician or official is talking about when discussing full transparency required around cryptocurrency and it's unlikely they would settle for any less. To be honest, that is required in order to match current existing financial standards which are fairly hard but not impossible to evade.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
Fatunad
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2310
Merit: 359
PredX - AI-Powered Prediction Market
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 04, 2022, 07:59:37 PM |
|
I don't understand one thing. If a terrorist uses a M249 SAW light machine gun to murder scores of people, are you going to arrest the terrorist, or the manufacturer of this machine gun (FN Herstal)? Same with cryptocurrency as well.
I believe the major problem the world is facing now is caused by the government's political naiveness which they believe is knowledge because the problem the world is having now all started through political error and the same thing caused the conflict between Russians and Ukraine. Besides, the something leads to the government printing more fiat every year. Th sad part is that they ignore all this and focus more on innovative technology like cryptocurrency when their incapable was the reason why Satoshi introduced Bitcoin. Dont be surprised on trying to oppose on things which they do see that it could really be able to be free out of their control.They dont like on something that they could get hold of and despite on being beneficial then they would be always having to find any issues or complaints against a particular thing whether it is really just too dumb for them to point out considering that we could really make out some comparison in between fiat which we could really say that there's too far off gap in regards to that on which its really that bullshit thing on where they do really push it out.
|
|
|
|
Sithara007
Legendary
Offline
Activity: 3304
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 05, 2022, 02:02:37 AM |
|
I don't understand one thing. If a terrorist uses a M249 SAW light machine gun to murder scores of people, are you going to arrest the terrorist, or the manufacturer of this machine gun (FN Herstal)? Same with cryptocurrency as well. Crypto is just a medium and we can't expect all of the users to follow the rules. These arguments are applicable for fiat currency as well. Even now fiat is 100x more likely than cryptocurrency to be used for illegal dealings. But I have never seen anyone arguing for a ban on fiat currency.
Terror financing and money laundering is happening with fiat for centuries but no one is pointing on banning fiat. Just like fiat, crypto is double edge sword which has both good and bad usage. The only reason why government ignore fiat and focus on bad usage of crypto is because decentralized crypto is not under there control. Its really that simple. Exactly. Cryptocurrency is outside their control and unlike the case with fiat, the government officials can't create money out of thin air with crypto. All the other arguments are secondary. Here in India, a few days back the government actually asked the VPN providers to share the IP details of customers from India. Can you believe this? I am using a VPN in order to hide my identity. If the government knows from which IP I am accessing the VPN, then what is the point in using this service at all? Authoritarian behavior from the government is on the rise and this is not restricted to the case of a few countries.
|
|
|
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
AVATAR & PERSONAL TEXT Leading Crypto Sports Betting & Casino Platform Feel free to drop your doubts bellow Report to moderator ♠ ♥ ♣ ♦ ▬▬▬ ▬ Stake.com / Play Smarter ▬ ▬▬▬ ♠ ♥ ♣ ♦ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ L E A D I N G C R Y P T O C A S I N O & S P O R T S B E T T I N G Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. Strongkored Legendary * Online Online Activity: 2072 Merit: 1061 View Profile Personal Message (Online) Trust: +0 / =0 / -0 Ignore Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY May 31, 2022, 08:28:59 AM Reply with quote +Merit #2 Bitcointalk Username: strongkored Profile Link: https://bitcointalk.org/index.php?action=profile;u=640554Post Count: 5040 Forum Rank: Legendary Are you able to wear our Signature, Avatar & Personal Text? will wear upon receipt Stake
|
|
|
Findingnemo
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 05, 2022, 06:42:53 AM |
|
This is simply blatant accusation with no actual proofs and if the actual find the illegal transactions only with cryptocurrencies then how these terrorist group and illegal transactions happened before 15 years? Stupids can tell anything so anyone with common sense can identify and ignore them.
|
| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
View ArchiveReport to moderator
|
|
|
Chato1977
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1148
Merit: 58
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 05, 2022, 10:15:02 AM |
|
What is your main concern in this matter mate? looks like you are most affected when you did not even bother telling us what this has to do with you? please specify your concern but I see it is another BS government accusation .
|
|
|
|
blatchcorn
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 05, 2022, 11:02:06 AM |
|
Exactly. Cryptocurrency is outside their control and unlike the case with fiat, the government officials can't create money out of thin air with crypto. All the other arguments are secondary. Here in India, a few days back the government actually asked the VPN providers to share the IP details of customers from India. Can you believe this? I am using a VPN in order to hide my identity. If the government knows from which IP I am accessing the VPN, then what is the point in using this service at all? Authoritarian behavior from the government is on the rise and this is not restricted to the case of a few countries.
Indian government is still somewhat flexible with crypto, in my country its altogether banned. People are arrested even for mining bitcoin in my county, can you believe this? Even in countries where crypto is allowed, government ensures that its through centralzied exchanges from where they can keep eye on it and collect taxes.
|
|
|
|
Oasisman
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 05, 2022, 11:12:58 AM |
|
I guess they should find a remedial with fiat money first before they tackle into crypto. Since fiat currency has long existed but fiat could still be used with illegal purposes including money laundering. Now, If they think Bitcoin's decentralisation and anonymity creates underground financing illegal activities. Then that remains a theory If it's not proven yet. Nevertheless, this could only mean one thing. They want to have a control over the people who's into cryptocurrency. To make things short they're finding a way to monetize people who's trading with crypto.
|
|
|
|
Abiky
Legendary
Offline
Activity: 3304
Merit: 1387
www.Crypto.Games: Multiple coins, multiple games
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 05, 2022, 02:31:01 PM |
|
I don't understand one thing. If a terrorist uses a M249 SAW light machine gun to murder scores of people, are you going to arrest the terrorist, or the manufacturer of this machine gun (FN Herstal)? Same with cryptocurrency as well. Crypto is just a medium and we can't expect all of the users to follow the rules. These arguments are applicable for fiat currency as well. Even now fiat is 100x more likely than cryptocurrency to be used for illegal dealings. But I have never seen anyone arguing for a ban on fiat currency.
Exactly. Crypto, as well as any other technology, is a double-edged sword. It can be used for both good and bad things. This is no different than the Internet where anyone can do anything they want. It'll be up the government to enforce the rule of law in order to prevent as much criminal activity as possible. What I see is just another excuse from governments to stop people from using crypto altogether. After all, they don't want to lose control over people's finances. The more crypto is adopted worldwide, the less dominance Fiat will have. Expect to see constant opposition against crypto/Blockchain tech because of its decentralized and censorship-resistant design. We shouldn't be worried about this as long as decentralization wins in the long run. Who knows if crypto manages to live alongside Fiat for generations? Just my thoughts ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
|
Dr.Osh
Legendary
Offline
Activity: 2786
Merit: 1004
PredX - AI-Powered Prediction Market
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 05, 2022, 03:14:30 PM |
|
that's just an excuse, I think Fiat money is also very often used for things like that. after all, it is a reason to resist the development of cryptocurrencies. I feel that crimes that are used through crypto, can also be committed on Fiat and that happens very often. however, I have often heard that India is not very fond of cryptocurrencies, so I think this is a common thing from India. as long as they are still not pro with crypto, then something like this might happen often. Besides, if it's a money issue, I think it could be a potential crime.
|
|
|
|
ivankoh
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1428
Merit: 120
Sugars.zone | DatingFi - Earn for Posting
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 05, 2022, 03:29:41 PM |
|
Recently Indian Finance minister N.Sitharaman said Money laundering, terror financing biggest concerns around cryptocurrency..
This just shows that India has not tried to find the right way to regulate cryptocurrencies and is almost confused, showing extremely “indecisive and aggressive” management that it just insists on change its value instead of finding ways to adapt and grow. In most cases have said the development of bitcoin & crypto is inevitable, their problem is to seriously consider, whether to accept or not, each country must come up with a way to regulate. instead of threatening and hurting "development"
|
|
|
|
Marvell1
Legendary
Offline
Activity: 2520
Merit: 1129
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 05, 2022, 03:36:21 PM |
|
Indian government is still somewhat flexible with crypto, in my country its altogether banned. People are arrested even for mining bitcoin in my county, can you believe this?
Unfortunately, you live in a country where cryptocurrencies are completely banned, but what the Indian government is doing shows that they are also looking for ways to get their people to give up using cryptocurrencies altogether. Even in countries where crypto is allowed, government ensures that its through centralzied exchanges from where they can keep eye on it and collect taxes.
This is bound to happen when a country accepts crypto because they don't want to be behind the world but if they don't find a way to control crypto their power will be diminished. We live in a world where power is concentrated in the government, so don't expect too much of total freedom, there will always be regulations when cryptocurrency is widely accepted.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
BD Crypto
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 658
Merit: 158
BTC Rocks
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 05, 2022, 06:30:00 PM |
|
It's really a matter of concern that Bitcoin and other Cryptocurrencies are being used used rapidly for illegal activities like money laundering, funding for terrorism.And it's one of the major reason why Governments restricted using Cryptocurrencies.
|
|
|
|
jaberwock
Legendary
Offline
Activity: 2660
Merit: 1075
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 05, 2022, 08:41:45 PM |
|
India has so many other things to be concerned about. I would think that this would be further down the list of things being needed to be taken care of. Nonetheless when are people going to start realize how bitcoin is the least of theirs worries when it comes to coins doing well at hiding things. Their own fiat currency is first off the biggest worry follow by privacy coins like Monero. This feels more like a boogie man than anything to me.
This is true for any country as well, not just India. I mean there are so many concerns all over the world, even the fact that the world is basically heating up, think of it like fever, and we are the thing it's trying to kill as well to get better. All those "world will end if we do not get carbon zero!!" things are a lie, world will be fine, we will die, that's the point. If you can't turn the world into a place that humans can survive and just let the world kill us because we are polluting it, then I am sorry but crypto illegal usage is nothing compared to that, not even 0.01% importance of what climate change will do to us in the near future.
|
|
|
|
Sithara007
Legendary
Offline
Activity: 3304
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 06, 2022, 02:08:43 AM |
|
Indian government is still somewhat flexible with crypto, in my country its altogether banned. People are arrested even for mining bitcoin in my county, can you believe this? Even in countries where crypto is allowed, government ensures that its through centralzied exchanges from where they can keep eye on it and collect taxes. Well.. what to say? The situation in your country is just shit. If people are getting arrested for just keeping a few lines of code (that is what Bitcoin is) in their laptop, then I have to say that the country is pretty fucked up. Here in India, most of the trade occurs through P2P platforms such as LocalBitcoins, and the government has no means to track the trade. There are a few centralized exchanges, but they are constantly harassed by the government agencies and people are not very comfortable in using them. The governments around the world needs to understand that authoritarian behavior will not lead them to anywhere. We are living in the 21st century. The politicians can't expect us to dance as per their whims and fancies.
|
|
|
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
AVATAR & PERSONAL TEXT Leading Crypto Sports Betting & Casino Platform Feel free to drop your doubts bellow Report to moderator ♠ ♥ ♣ ♦ ▬▬▬ ▬ Stake.com / Play Smarter ▬ ▬▬▬ ♠ ♥ ♣ ♦ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ L E A D I N G C R Y P T O C A S I N O & S P O R T S B E T T I N G Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. Strongkored Legendary * Online Online Activity: 2072 Merit: 1061 View Profile Personal Message (Online) Trust: +0 / =0 / -0 Ignore Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY May 31, 2022, 08:28:59 AM Reply with quote +Merit #2 Bitcointalk Username: strongkored Profile Link: https://bitcointalk.org/index.php?action=profile;u=640554Post Count: 5040 Forum Rank: Legendary Are you able to wear our Signature, Avatar & Personal Text? will wear upon receipt Stake
|
|
|
blatchcorn
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 06, 2022, 04:25:01 AM |
|
Well.. what to say? The situation in your country is just shit. If people are getting arrested for just keeping a few lines of code (that is what Bitcoin is) in their laptop, then I have to say that the country is pretty fucked up. Here in India, most of the trade occurs through P2P platforms such as LocalBitcoins, and the government has no means to track the trade. There are a few centralized exchanges, but they are constantly harassed by the government agencies and people are not very comfortable in using them. The governments around the world needs to understand that authoritarian behavior will not lead them to anywhere. We are living in the 21st century. The politicians can't expect us to dance as per their whims and fancies.
Authorities in my country say that money laundering will be more easier with crypto then with fiat. Though money laundering is in full swing with fiat but authorities have no objection on that. Its natural and with time hate among government bodies for crypto will increase not lessen for an obvious reason.
|
|
|
|
mich
Legendary
Offline
Activity: 3248
Merit: 1033
#1 VIP Crypto Casino
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 06, 2022, 06:24:08 AM |
|
I am aware that Bitcoin has been used by people engaging in illegal activities and it does bother me. However, I have never done anything illegal with crypto so it’s not that relevant to me personally. I guess I’m concerned it gives the entire crypto space a bad reputation when this kind of thing happens. I fear people may start blaming BTC over a few bad apples and that’s potentially bad for long term investors like me.
|
|
|
|
|