Bitcoin has nothing to do with crime

[Y3shot]

Because of bitcoin does not give public details of people who make transaction with it, some people do say it promote crime. People needs to understand one of the features of bitcoin is freedom that anybody can get access to it, it does not discriminate.  The privacy features of bitcoin is very important to humanity,  which I know one of its advantage is for safety by using cryptography that makes all transactions safe and encrypted.

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private.  Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

[The Cryptovator]

Bitcoin isn't inherently a privacy coin; rather, it stands as a genuinely decentralized cryptocurrency. Your level of privacy is determined by the measures you take to safeguard it, given that Bitcoin transactions are publicly accessible. If I possess your specific Bitcoin address, I can still trace your activities. Bitcoin's objective is to establish a decentralized payment system, eliminating the need for third-party intermediaries.

[nelson4lov]

True that and that's the beauty of Bitcoin and blockchain. It's fully permissionless. Everyone can do what they want with their Bitcoins. So it's bad when people generalize it and other people that were hoping to get involved would change their mind. There would always be bad actors in a system like this. Even AI that is the pride of future technology suffers from the same feat. As much as there would be good actors, there will also be bad one ready to take advantage of the network for personal gain.

[lionheart78]

Bitcoin the same as guns and any armaments does not commit crime by itself.  It is the people who are committing crimes and just using these tools while doing so.  Bitcoin is neutral and is created to make transactions freely without the financial institution's intervention.  If someone uses Bitcoin for money laundering, it is not Bitcoin's fault but rather the person who is using Bitcoin to do his crime.  I do not know why there are people stressing about Bitcoin being used in money laundering and saying it is a bad currency when the government-issued currency had been used way more in terms of money laundering and yet these people don't even tell a thing about it.

[livingfree]

Because of bitcoin does not give public details of people who make transaction with it, some people do say it promote crime. People needs to understand one of the features of bitcoin is freedom that anybody can get access to it, it does not discriminate.  The privacy features of bitcoin is very important to humanity,  which I know one of its advantage is for safety by using cryptography that makes all transactions safe and encrypted.

You'll hear endless debate and thoughts about Bitcoin being used in crimes and illegal activities as well as transactions. But if they're going to think about it, that's also being done with fiat, they just don't want to look at it because it has been common there.

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private.  Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

If it's about privacy, there are privacy coins that deals more of it like Monero. It's being chased by the government and they don't want it to be one of those most used and that's why they're trying to reduce the volume of it.

And that's through targeting exchanges and forcing them to delist it. As for Bitcoin, as it becomes popular and gets into the main market, the thought changes on it as it's like becoming now a common money to everyone and an investment too.

[GeorgeJohn]

From the beginning when bitcoin was established many countries avoided bitcoin because they tag bitcoin as an avenue of stealing and mostly committing a fraudulent act in a society, that was the taught of many government and that is while till now many people is still castigating the bitcoin and as labels bitcoin a crime, when I started invest in bitcoin new, my father discouraged of bitcoin and I took it upon myself that bitcoin is a good project and I will learn and understand bitcoin and also invest in bitcoin, I did not listen to anybody concerning bitcoin rather I was the courage that bitcoin is going to be an elite of tomorrow, which today bitcoin  has spread enough tentacles even trying to dominate others  currencies.

[lousie9]

Yes, it's true that Bitcoin actually has nothing to do with an ilegal activity or crime because Bitcoin was not created for that. Bitcoin was created to make it easier for us to make transactions, but unfortunately Bitcoin is inseparable from abuse by many irresponsible people because they take advantage of the advantages possessed by Bitcoin to carry out illegal acts and crimes activity, one of which is money laundering.
There are several loopholes that are exploited by people who are not responsible for carrying out illegal activities or their activities that violate the law, one of them is because it can be used without authorization from a country's central bank and there is no intervention from any financial institution or third party, so that way it would be difficult to detect and very suitable for money laundering.

[Dr.Bitcoin_Strange]

Well, even if Bitcoin is eliminated, monetary crime will not stop. I know the reason why some people or the government are thinking that Bitcoin contributes to crime is because of the other known incident of money laundering with it, but the question they should even be asking themselves is: if Bitcoin is removed from the picture, will such an incident cease to happen? because it will take a different form. Some government officials who are in power are even the ones who are promoting some looting in some countries, because without their help, most of those looting operations would not really go smoothly.

[GreatArkansas]

(....)
Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private.  Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

Exactly because these crimes doings can be also done using our current fiat currency,  there's no difference.
Crime does exist in fiat currencies so for me, using Bitcoin in crime got no difference from using fiat for crimes also.

I think some people also misunderstood Bitcoin because of Bitcoin is famous on these kind of related crimes where most of the time it is being headline on news or social media discussion.

[Bitcoin_Arena]

The truth is that the Governments all over the world hate it when people have power over their funds. If all people adopted Bitcoin, it would simply mean no or reduced power for the Governments to control them. Tracking their transactions and dictating on how much they should speed or what they should not spend on

Governments would also lose out so much in revenues from the daily transactions and taxes a rising from keeping the fiat money in bank. That why they tag Bitcoin as a currency for crime, but so have been the Dollar or Euro for a decade. You can't completely stop crime where there is money involved.

[EFS]

It's easier to get caught with Bitcoin transactions than cash money. If security forces want to catch criminals, they can track it much more easily with Bitcoin. Governments have made great strides in cybersecurity, and blockchain-trained people are working within the government. Many of those involved in criminal activities using Bitcoin in the past have been caught. I wouldn't recommend using Bitcoin in any criminal activity.

[Gallar]

Because of bitcoin does not give public details of people who make transaction with it, some people do say it promote crime.

People who say this can be ascertained, that the person is not someone who knows about the bitcoin system and even the information he knows about bitcoin, maybe that's all. So if I personally, were faced with someone who asked a question like that, I would definitely answer it very concisely and concisely. Because to explain why transactions in bitcoin are very anonymous and why this is so important. Actually the answer is very simple, namely to maintain the privacy of every bitcoin user so that his bitcoin assets remain safe.
Not that with anonymous bitcoin transactions, it is intended for something evil, but this is for the good of investors in bitcoin itself.
So in essence, bitcoin and all the systems embedded in it, there are no elements related to crimes or criminal acts.

Indeed, there are a handful of criminals who use bitcoin as a mask for their crimes. Namely by committing fraud and such. But criminal acts such as fraud, do not only occur in the world of bitcoin, but even in fiat money this has even happened frequently. So those who say bitcoin and its transaction system aim to obtain public data, this opinion is very wrong.
Because according to the assessment of the US treasury department alone.

fiat currencies and traditional networks that turn out to contribute more (in the majority) to criminal flows than digital currencies such as cryptocurrencies.

Source: https://coinvestasi.com/berita/kejahatan-keuangan-terjadi-di-mata-uang-fiat

[rikybrosh]

criminals use everything that they think it will help them to do crime, if criminals use bitcoin for their transaction then government should not see bitcoin in negative way, government still see fiat in positive way although many criminals use it for illegal transaction.

[Sim_card]

Bitcoin gives privacy in the sense that only the two person involved in the transaction knows that a transaction made without a third party. Another way is that you are your own bank and the government or nobody can know how many bitcoin that you have.

Because of bitcoin does not give public details of people who make transaction with it,

Your transaction can be tracked by anyone through your public address. The only way that you can make your transaction invincible and you remain anonymous is when you connect your wallet with Tor.

[Blitzboy]

It may be considered in more complex layers. The main reason to praise bitcoin as a future money is its encryption methods guarantee transaction security. As you mentioned, it supports nondiscrimination and privacy.

Your claim that several criminal attacks will occur without privacy may be unrelated. Even if bitcoin is inclusive, acceptance must be defined. Does bitcoin or people accept it? However, your valid and persuasive point must be acknowledged and highlighted: Bitcoin's encryption and anonymity are crucial for safety and have nothing to do with pre-existing crimes. Anyone can use it.

[bitzizzix]

It's easier to get caught with Bitcoin transactions than cash money. If security forces want to catch criminals, they can track it much more easily with Bitcoin. Governments have made great strides in cybersecurity, and blockchain-trained people are working within the government. Many of those involved in criminal activities using Bitcoin in the past have been caught. I wouldn't recommend using Bitcoin in any criminal activity.

That's right, and Bitcoin was often accused of being linked to crime back then, because criminals believed that Bitcoin was actually hiding their privacy. And it turns out that those who use Bitcoin for criminal activities are very easy to prosecute or find people who use Bitcoin in illegal activities or other crimes, and this is proof that cash is still easier to use for criminal activities than Bitcoin.
and this is just propaganda, because criminals don't want to be caught easily using Bitcoin because Bitcoin is the easiest way to catch them, even down to their roots.

[Litzki1990]

Everything has its good and bad side but it's how we use it that matters. Many people complain that the dark web is used for various criminal activities through Bitcoin. Those who are involved in such activities, be it Bitcoin or any other currency, must commit a crime. We use mobile phones or other devices but there are good and bad sides, those who have good mentality are doing a lot of good things through mobile phones and other devices but no matter how much good things you give to those who have bad intentions they will give those good things. We can't blame Bitcoin for two culprits. We have to see how useful Bitcoin is for people outside of criminal activities. Bitcoin has made the transaction system of users much easier and also has become the best investment platform for users. So we common users consider Bitcoin as a good digital currency.

[Y3shot]

Bitcoin isn't inherently a privacy coin; rather, it stands as a genuinely decentralized cryptocurrency. Your level of privacy is determined by the measures you take to safeguard it, given that Bitcoin transactions are publicly accessible. If I possess your specific Bitcoin address, I can still trace your activities. Bitcoin's objective is to establish a decentralized payment system, eliminating the need for third-party intermediaries.

Yes you are right the level of privacy who maintain in bitcoin transactions that is what makes bitcoin to be more private.  So the privacy of bitcoin is determined by every individual, if one can can be private with wallet address and transaction details I believe their stands to be a better privacy. Bitcoin transaction can be traced but it won't be easy to locate people from the transaction details just like the banking system that gives first hand information of every individual.

[TheUltraElite]

Crimes are committed with any type of money being involved, using bitcoin only makes it more easier to send and transact. But fiat has seen its share of bloodshed over the years a million more times. Since there are methods to track the money trail we have forensics being able to track them down and incriminate a suspect. Then we are coming into a world where bitcoin and its tracking through government agencies might become possible, the reason why KYC on exchanges is being so important.

If this system works as its intended to do, we might see an increase in number of arrests for bitcoin-related fraud/scams/attacks and so on.

[NotATether]

Bitcoin the same as guns and any armaments does not commit crime by itself.

No, not exactly.

Bitcoin is not a weapon, like guns and armaments are. It can't kill anyone directly. Bitcoin is just money and it should be treated as such.

Whereas the discussions around gun control center around limiting duns from being owned by violent people, the pushback against BTC is mainly from banks, the people who run those banks, and to a lesser extent, conspiracy theorists.

(Banks really hate BTC, so it makes sense that they spread all kinds of rumors about it. But in the end, they can't win against a trillion-dollar asset - and counting.)

[SquirrelJulietGarden]

Because of bitcoin does not give public details of people who make transaction with it, some people do say it promote crime.

If you disclose your identity together with your Bitcoin addresses, with a public ledger of Bitcoin blockchain, others will know about you and your transaction history. You want to be anonymous, you must do it at start with no identity leaks, non custodial wallets and Tor connection.

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private.  Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

Crime is everywhere and money laundering is everywhere with many tools from digital transfer of fiat currency, cash transfer, Bitcoin, alternate cryptocurrencies so it is unfair and not correct to say Bitcoin is created for crime, only used for criminal activities or illegal purposes.

People are free to use Bitcoin if they own private keys but as a very classic example, if a man uses a gun to kill someone, it is not because of the gun but the man.

[Jawhead999]

Bitcoin isn't even a privacy coin in the first place and most of people who have Bitcoin are linked with centralized exchanges where they know who's the owner of the address. Bitcoin has been exist since 14 years ago, why there are not many people learn about it and using their logic to know the possibility of knowing the owner behind the address?

But it could be understandable because there are many scammer who link their bank account still not yet caught by the police, although it's already clear the bank already know the person behind the account.

[DeathAngel]

Bitcoin transactions recorded on a publicly viewable blockchain. It is far more transparent than cash for example. Governments who try to push the ‘bitcoin is used by criminals’ narrative have agendas to hope bitcoin fails. Cash is used for far more criminal activity than bitcoin, that’s a guarantee.

[ImThour]

Bitcoin doesn't promote crime at all and those who are thinking of this because it provides anonymity are stupid and delusional. I mean, Bitcoin is the most transparent as it lets you know who paid whom, just covers the identity of the user behind the address and If that user decides to make it public, tada! Now you know who hes sending or receiving to. You can't see this in fiat or bank transactions, can you?

[yudi09]

Because of bitcoin does not give public details of people who make transaction with it, some people do say it promote crime. People needs to understand one of the features of bitcoin is freedom that anybody can get access to it, it does not discriminate.  The privacy features of bitcoin is very important to humanity,  which I know one of its advantage is for safety by using cryptography that makes all transactions safe and encrypted.

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private.  Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

They never want to accept bitcoin because bitcoin is able to open the door of freedom to anyone so those who don't support bitcoin will always frame the public that bitcoin can bring crime even though the reality is not true.
The privacy features possessed by bitcoin will never be able and never want to be implemented by their mainstay system that hates bitcoin.
Privacy is an important element that is highly prioritized by everyone in securing and protecting their assets.

There is no other right way to keep people away from bitcoin other than spreading that bitcoin is a crime even though the system that is exalted by bitcoin haters has committed crimes against many people and has never been responsible for their crimes.
Bitcoin was a masterpiece and is still the best in the history of the financial system.

[Abu-Naim]

Because of bitcoin does not give public details of people who make transaction with it, some people do say it promote crime. People needs to understand one of the features of bitcoin is freedom that anybody can get access to it, it does not discriminate.  The privacy features of bitcoin is very important to humanity,  which I know one of its advantage is for safety by using cryptography that makes all transactions safe and encrypted.

People, particularly the government, who are looking for ways to blackmail bitcoin claim that it has been used to promote crime, despite the fact that crime has existed long before bitcoin.

Some people are already accustomed to centralization and will find it difficult to change their minds. That is why they are attempting to blackmail Bitcoin.
Bitcoin was created to allow us financial freedom while also protecting our identities when we conduct bitcoin transactions, despite the fact that the blockchain is public and can be read by anyone.

[sokani]

The decentralized, anonymous and uncensored nature of Bitcoin has made it to be accepted by many. Bad actors such as money launders, kidnappers, fraudsters etc are also maximizing Bitcoin's inherent nature to perpetrate their evil act. Bitcoin doesn't deserve the negativity and shouldn't be regarded as evil, people should not be discouraged from using it because it has taken power from the hands of the authorities and given the masses financial inclusion. All transactions carried out using Bitcoin are recorded on the blockchain and can always be traced. According to this report by the US Department of Treasury, fiat ranks number 1 and still the most preferred means of carrying out financial crimes in the world.

[Smack That Ace]

()

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private.  Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

No one says it except the government and bitcoin haters, they know that bitcoin has nothing to do with crime, but since they can't find a better reason to slander bitcoin. Not only with bitcoin, but with any tool or asset that has no connection to crime. But we cannot ban or prevent them from using bitcoin for their evil purposes. It can be said that all are evil human behavior, not a single product or tool is bad. Human behavior is what we need to talk about when it comes to criminals or good people.

[bayu7adi]

Absolutely right! Even though, if we let our reasoning run its course, criminals employing Bitcoin for transactions aren't fundamentally different from those using USD for other illicit deeds. Bitcoin receives a disproportionately critical treatment from the anti-Bitcoin faction, as if every new currency launch is preordained to garner their disapproval. Yet, the disparity with the USD is minimal.

For any currency is inherently susceptible to exploitation, and Bitcoin lacks the agency to pick its users; it's the users who choose Bitcoin. It's grossly unjust that this constant negative framing is consistently aimed at Bitcoin.

Remember! Don't forget that the whole point of Bitcoin is to be this alternative exchange tool built on the concept of Blockchain. Whoever uses Bitcoin for some weird stuff, well, that doesn't actually change the core purpose of Bitcoin as intended by its creators.

[BlackHatCoiner]

It's taxation formed in such a way that any type of cash seems tax evasion encouraging. In my country, there's serious trouble with receipts. Customers and merchants frequently evade VAT after finding agreement. Well, that can't happen with electronic fiat, but that just because our tax system works terribly. In other countries, there exists fine taxation with cash, because they don't tax mainly from VAT.

[alexforneus]

Cash is much more popular for crime but it's unpopular position in our world. They don't want to accept it

[Lucius]

Bitcoin has nothing to do with crime

Does fiat, gold or maybe shares have anything to do with crime? People who claim that Bitcoin enables criminals and terrorists to remain anonymous are unfortunately becoming more and more stupid, but these are the same geniuses who claimed a few years ago that terrorists use 500 EUR banknotes the most, so they started withdrawing them from circulation - while, let's say, the same terrorists do not use banknotes of 1000 Swiss francs (the value of the euro and the Swiss franc is almost equal).

In addition, all researches in the last 5+ years have shown that the share of Bitcoin in world crime is almost insignificant, just like the story that Bitcoin should be blamed for climate change because it consumes even 0.2% of the world's total energy with proven more than 50% from renewable sources.

I would not be surprised if such claims come from uneducated people, but mostly we hear them from various experts who present themselves as doctors, masters and super rich - but if we know the truth, then we should not consider them an intelligent part of our society, regardless of their status, right?

[Cryptomultiplier]

Because of bitcoin does not give public details of people who make transaction with it, some people do say it promote crime. People needs to understand one of the features of bitcoin is freedom that anybody can get access to it, it does not discriminate.  The privacy features of bitcoin is very important to humanity,  which I know one of its advantage is for safety by using cryptography that makes all transactions safe and encrypted.

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private.  Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

I want to use the story of earth creation to buttress your point.
I have known for a fact that every religion, society, community, acknowledge and have a name for the creator of this earth. So let's just use the name we all know, which is God.
When God created earth, it wasn't His intention to create evil to spoil the good work He did. Evil however came to be, still the earth remains and good still thrives for those who believe in it.

Satoshi created BTC as a decentralized money to solve a major problem of finance, in as much as the idea is good and works better than the way it was initially designed to function, it has led to other note-worthy initiatives. Still, it doesn't stop those with an evil mind to use this good work as a means to soothe and satisfy their evil needs.

There's always going to be good and bad/evil. If BTC remains original to the idea of good, just like other good creations like A.I, Web3, it still is, but it won't stop criminal minds or scammers or hackers or money launderers from using it to their benefit.
Hence, why safety from these devils or evil minds is taught in the form of how to secure your private keys, how to detect and avoid phishing sites, how to secure your browser and hide your information from close friends or family acting as spies, how to use secure wallets for your coins.

Bitcoin definitely has nothing to do with crime, but it is the users or customers who have such evil intentions that use it to perpetuate their crime. karma or whatever good forces out there will always be available to serve justice to the criminals who get caught using BTC or decentralized network for their crimes.

[Razmirraz]

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private. 

If the point is in this phrase, I think it's the other way around, Bitcoin to prevent crime. It is very difficult for criminal groups to track individuals who make transactions, they can track activities that occur in each non-specific wallet, but cannot track individuals who make transactions.
There is no discrimination against anyone or any group, if the bank or third party feels disadvantaged by the presence of Bitcoin, to hell with them. Let them continue to collapse because no one uses their services, haven't they been sucking the blood of the people a lot with a system that always burdens customers.

[Ucy]

Because of bitcoin does not give public details of people who make transaction with it, some people do say it promote crime. People needs to understand one of the features of bitcoin is freedom that anybody can get access to it, it does not discriminate.  The privacy features of bitcoin is very important to humanity,  which I know one of its advantage is for safety by using cryptography that makes all transactions safe and encrypted.

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private.  Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

Ofcourse, it's actually an innocent Network and not evil or a criminal

The important lesson from Bitcoin is that you can keep a Network open, , public, permissionless, trustless for all kinds of human beings to use and collaborate on without exposing them to risk or danger from those who may wish to use it for evil. . Much of the activities (the non-sensitive ones) of  participants on the Bitcoin Network are transparent since it's a public network but the sensitive (and harmless) data  which could leave their owners vulnerable to attacks or danger are kept private. Such sensitive data in public space are things like names of users which are not disclosed to others unless the owners choose to reveal them to those they feel will not misuse/abuse them..
Bitcoin was wisely crafted to protect its users while remaining decentralized and open for all to use. That's how a good Network should operate. Centralizing such Network will only expose things that are meant to be hidden & secure to danger at the center who cannot be properly monitored or checked for abuse or misuse of sensitive data

[Emmanuelex]

Bitcoin is not inherently linked to crime; it's our choices that determine its use. It's a payment method offering freedom. Unfortunately, some individuals seek to exploit even positive innovations. We must be cautious to avoid falling into their snares.

[salad daging]

Yes bitcoin is not completely private there is transaction data stored on the blockchain publicly everyone can see but it will be difficult to track if we ourselves do deeper privacy.

Those who think they are against bitcoin about their crimes only underestimate the negative news where bitcoin is easier in any transaction including in crimes, especially many media that report this kind of thing so that public consumption becomes misguided only from the negative side.

At its core bitcoin is P2P with decentralized which makes it easy for us to send money in the form of bitcoin.

[SamReomo]

I agree with you @OP, Bitcoin is not at all related to any kind of crime, but you know there are some criminal minded people who can use anything for their malicious purposes and in that way they can also do some criminal activities with Bitcoin, but in its purest form Bitcoin's main purpose is to make transactions decentralized and anyone could use it without any restrictions.

Anyone who know the nature of Bitcoin would always consider it safe and legal to be used as a digital form of cash, and they would never ever relate it directly with any kind of criminal activities. Although, I know that criminal minded people have used Bitcoin for their malicious activities, but those people have also used fiat for such purposes, and that's why it would be really injustice to blame Bitcoin for those malicious people's activities.

Bitcoin has allowed everyone to enjoy the freedom of purchasing of good and sending of money without even holding an account in a bank, and we all are lucky that Satoshi Nakamoto has given us the gift of Bitcoin in this century because there's nothing as excited as Bitcoin in this world for us Bitcoin enthusiasts. I believe that those who use Bitcoin know that how worthy a thing it is, and they know that how helpful it has been in making their lives free from financial issues.

[Silberman]

Because of bitcoin does not give public details of people who make transaction with it, some people do say it promote crime. People needs to understand one of the features of bitcoin is freedom that anybody can get access to it, it does not discriminate.  The privacy features of bitcoin is very important to humanity,  which I know one of its advantage is for safety by using cryptography that makes all transactions safe and encrypted.

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private.  Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

This argument is being pushed by the governments because it goes against their attempt to try to know exactly how much money you have and in what you spend it, after all if they have that information and control then they can basically do whatever they want and get absolute control of a society, however it is precisely those tendencies which caused bitcoin to be created and since they cannot kill it by the use of their traditional means then they are using the court of public opinion to discredit bitcoin with flawed arguments.

[Captain Corporate]

People who associate bitcoin with a crime should know that every single 100$ bill that was printed in the 80s has traces of cocaine on it. Think about the vast amount of crime there, I am talking about a whole decade's worth of all printed bills to have traces of cocaine on them, that's how much money was involved in crime before bitcoin came in. In fact, I could make the case that bitcoin is even better because at the very least you could track the transactions until it goes through a mixer. This is why I highly suggest that we should stop considering the situation to be normal and start realizing that bitcoin is not helping any criminals more than fiat has ever done.

[Aanuoluwatofunmi]

Because of bitcoin does not give public details of people who make transaction with it, some people do say it promote crime.

But the transactions were made available for public view had it been they are knowledgeable enough to know this which means nothing is hidden but they cannot be tampered or readjusted, the scope at which some people sees bitcoin is far from the reality of what bitcoin is and what it represents.

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.

That's true, we can have this privacy as we want, but many do not know how to go about this, there are many advantages of not going public of we so wish as well, the best practice is run a bitcoin full node using bitcoincore.

[coolcoinz]

Linking bitcoin to crime is like saying the bullet is responsible for killing someone, or a missile is responsible for war crimes. It's not the coin that scams you and it's not the gun that kills you.
When someone chooses a payment system, it doesn't change anything about the nature of his crime. The crime is for instance paying for murder, not the bitcoin, or cash transaction itself.

Bitcoin isn't even a privacy coin in the first place and most of people who have Bitcoin are linked with centralized exchanges where they know who's the owner of the address.

That's only if their KYC data is correct and the coins don't get mixed. Also, it's actually pretty easy to lose track of the ownership.
When you send bitcoin to someone else, only you know that person's identity... or maybe you don't? Let's say I send you a tip because I like your post. I don't know you, so even if they come knocking because my coin eventually ended up on some dark web site with drugs, all I can say is that I gave the money to someone named Jawhead999, who could be living somewhere in Chechnya, or Afghanistan.

[Zlantann]

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private.  Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accepts everyone.

Most people that think that Bitcoin was created for criminal activities are speaking out of ignorance. They fail to understand that all Bitcoin transactions are recorded on the blockchain and can be traced to different addresses. There has been a high rate of kidnapping in my country and all of the ransome payments are paid through cash. And most of these payments have not been used to track these criminals. There are limited means of tracing cash transactions. Bitcoin was just created for common men to have control of their money so that they can live a private life. I have never been involved in any criminal activities but I don't also want anybody to know how much I am worth and how I run my financial life, this is why my only option is Bitcoin.

[Kelward]

Bitcoin isn't inherently a privacy coin; rather, it stands as a genuinely decentralized cryptocurrency. Your level of privacy is determined by the measures you take to safeguard it, given that Bitcoin transactions are publicly accessible. If I possess your specific Bitcoin address, I can still trace your activities. Bitcoin's objective is to establish a decentralized payment system, eliminating the need for third-party intermediaries.

Not fair that bitcoin is being likened to fraud in any way, it's just like you're likening a pen to a fraudulent check. You said it all, bitcoin stands as a genuine decentralized cryptocurrency, the good and the bad uses it. Whether crypto or fiat, so far as it has to do with monetary matters, you'll always find fraudulent transactions, the same way you'll also find genuine transactions.

I've made enemies in the past, when I used to argue about the genuine of bitcoin. It really saddens me because I don't understand why ignorant people will choose to associate a particular means of payment with fraud and crime.

[Obari]

Bitcoin isn't inherently a privacy coin; rather, it stands as a genuinely decentralized cryptocurrency. Your level of privacy is determined by the measures you take to safeguard it, given that Bitcoin transactions are publicly accessible. If I possess your specific Bitcoin address, I can still trace your activities. Bitcoin's objective is to establish a decentralized payment system, eliminating the need for third-party intermediaries.

I agree with you that the level of privacy depends on how much we safeguard it but thinking we can track the transactions through ID or wallet address isn't totally correct because mixers already covering the gap of tracking transactions through ID's and even without mixers, you can watch a transaction moving from.one where to another without having possibly anything to do about it and I'm saying this from experience  when my brother was defrauded and we kept watching the coin move from one wallet to another and there was nothing we could do but let go.

Secondly, Bitcoin  is associated  with scammers in my country and the moment you mention that you're a holder, you're  Invariably  seen as a scammer and this is a prove that we still have alot of work to do for people to accept bitcoin globally.

[o48o]

Because of bitcoin does not give public details of people who make transaction with it, some people do say it promote crime. People needs to understand one of the features of bitcoin is freedom that anybody can get access to it, it does not discriminate.  The privacy features of bitcoin is very important to humanity,  which I know one of its advantage is for safety by using cryptography that makes all transactions safe and encrypted.

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private.  Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

Pseudonymity is the only privacy bitcoin offers and even that gets removed when we want to cash out. Bitcoin is far from private and very traceable and open. Opposite to paper Cash is the currency of choice for all criminals out there. And money laundering happens with fiat money. People only see bitcoin as criminal money because they are misinformed on how it works. Claiming that it is private, only keeps that disinformation alive.

[someone703]

Bitcoin is a tool, and it cannot commit a crime on its own. Misconduct such as money laundering is often due to the misuse of these tools, not Bitcoin itself.

The original goal of Bitcoin was to create a neutral medium for transactions, unaffected by the interference of financial institutions or governments. When someone uses Bitcoin to commit illegal acts, the responsibility lies with the person doing the act, not with Bitcoin.

In addition, I feel there is a distinction when some people only focus on how Bitcoin can be used to launder money, while traditional currencies have also been abused to perform similar acts.

[lionheart78]

Bitcoin the same as guns and any armaments does not commit crime by itself.

No, not exactly.

I am not saying that Bitcoin is a weapon of destruction but just simply giving a comparison that just like weapons, it needs a person behind to commit a crime.  Since our discussion is about crime, weapons is the most simple example to give.

Bitcoin is not a weapon, like guns and armaments are. It can't kill anyone directly. Bitcoin is just money and it should be treated as such.

It is established that Bitcoin is not a weapon but it has the capability if used to bribe officials and pay people to do dirty works.

Whereas the discussions around gun control center around limiting duns from being owned by violent people, the pushback against BTC is mainly from banks, the people who run those banks, and to a lesser extent, conspiracy theorists.

(Banks really hate BTC, so it makes sense that they spread all kinds of rumors about it. But in the end, they can't win against a trillion-dollar asset - and counting.)

Didn't the idea the same?  Bad people handling Bitcoin for their evil works is the same as bad people using guns to do crimes like murder, homicide, extortion ect...

The point of discussion here as I understand is that it is the human that do crimes not the technology like Bitcoin and tools like guns, and other armament.

I believe we both agree on the same idea but it is you just emphasized that Bitcoin is not an armament which I also agree with.

[Oasisman]

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private.  Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

Pretty much everything can be an accessory for a crime. If that specific thing is an accessory that means it is involved with the crime and that is part of it. But crime in general comes from an evil mind. These people could use everything they want to initiate it. So, these criminals may have found something valuable about bitcoin that they can't do it with fiat. The sad part is, some people have spread a false information as if bitcoin was created for this purpose that's why it promotes anonymity. The saddest part is, people who don't have any idea what bitcoin is believed in this stories.

[Z-tight]

Pseudonymity is the only privacy bitcoin offers and even that gets removed when we want to cash out.

That is not totally true, if you convert your BTC through a centralized exchange, then there is zero privacy for you, but if you use a self custody wallet and exchange BTC for fiat through a decentralized exchange, you keep your privacy.

That's true, we can have this privacy as we want, but many do not know how to go about this, there are many advantages of not going public of we so wish as well, the best practice is run a bitcoin full node using bitcoincore.

Running a full node gives full privacy, but not everyone can run a full node because of what is required, so even if you use an spv wallet like Electrum, and exchange your coins in a decentralized exchange like Bisq, you'll maintain a good level of privacy.

[maydna]

It's not only people who have to understand, but the government also needs to understand because they still say that bitcoin is only for illegal activities. But in reality, the people who use bitcoins have nothing to do with illegal activities because they only want to profit from trading bitcoins or investing in them.

But despite privacy, the government still wants to know who owns bitcoins. And perhaps they're asking people to report their crypto assets and the taxes they paid so that the government can tax them too.

Bitcoin is neutral, like a double-edged sword, and depends on the person using it. And hopefully, more people will use bitcoin for good instead of using bitcoin for illegal activities.

[Fivestar4everMVP]

I reckon with all that OP has said, it is exactly almost the same thing I said in one of my posts some time back, simply because Bitcoin addresses does not have personal details attached to it, some bitcoin haters always attribute bitcoin to being a currency for criminals, stating that criminals carry out their evil activities, carry out transactions in bitcoin to avoid being traced, they make the whole thing look or seem like it was at the emergence of bitcoin that criminals started emerging, it just baffles when when I come across such claimed on the internet, and one question I've never stopped asking is, were there no criminals, kidnappers, drug traffickers, humans/parts traffickers, drug traffickers long before 2009? those who believe that bitcoin is a currency that promotes crime are the biggest fools, I have no respect for such people cus they lack knowledge.

[Ultegra134]

I reckon with all that OP has said, it is exactly almost the same thing I said in one of my posts some time back, simply because Bitcoin addresses does not have personal details attached to it, some bitcoin haters always attribute bitcoin to being a currency for criminals, stating that criminals carry out their evil activities, carry out transactions in bitcoin to avoid being traced, they make the whole thing look or seem like it was at the emergence of bitcoin that criminals started emerging, it just baffles when when I come across such claimed on the internet, and one question I've never stopped asking is, were there no criminals, kidnappers, drug traffickers, humans/parts traffickers, drug traffickers long before 2009? those who believe that bitcoin is a currency that promotes crime are the biggest fools, I have no respect for such people cus they lack knowledge.

It's pretty stupid to claim that Bitcoin is being used to promote criminal activities; fiat was always the number one means of payment for that. This is a common misconception about Bitcoin and generally cryptocurrencies due to the Dark net markets, such as Silk Road, which were notorious for selling illegal substances, counterfeits, and who knows what else. But aren't these illegal goods being sold on a daily basis, basically in a public setting, right on the street, along with illegal, unregistered guns? I'm not saying that Bitcoin is 100% innocent, as these markets use it along with other cryptocurrencies, but their purpose doesn't promote corruption or crime. Fiat has been responsible for that since forever.

[Taskford]

Because of bitcoin does not give public details of people who make transaction with it, some people do say it promote crime. People needs to understand one of the features of bitcoin is freedom that anybody can get access to it, it does not discriminate.  The privacy features of bitcoin is very important to humanity,  which I know one of its advantage is for safety by using cryptography that makes all transactions safe and encrypted.

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private.  Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

They will say that because they only have little information about bitcoin. The only thing they know is criminal use it and they didn't know that its a currency that's why they spill some negativity without verifying its real use case.
But if they could just dig up some information about it just like what we did they can figure out that greed of people lead them to do bad things and its just they see bitcoin as alternative tool for them to make all they think happen. Also bitcoin is gaining fame so for sure there are lots of opportunity for criminals to take advantage with then stole huge money from people.

[AmoreJaz]

I reckon with all that OP has said, it is exactly almost the same thing I said in one of my posts some time back, simply because Bitcoin addresses does not have personal details attached to it, some bitcoin haters always attribute bitcoin to being a currency for criminals, stating that criminals carry out their evil activities, carry out transactions in bitcoin to avoid being traced, they make the whole thing look or seem like it was at the emergence of bitcoin that criminals started emerging, it just baffles when when I come across such claimed on the internet, and one question I've never stopped asking is, were there no criminals, kidnappers, drug traffickers, humans/parts traffickers, drug traffickers long before 2009? those who believe that bitcoin is a currency that promotes crime are the biggest fools, I have no respect for such people cus they lack knowledge.

and media is highlighting the negative side of this market. even before btc was born, all these fraudulent acts have been proliferating already. and now, these fraudsters find another means to deploy their actions. so yeah, with or without btc, crime has been rampant already. the technology itself is ground breaking, however, people are ruining its image because they are using it to screw naive people.

[Mate2237]

Because of bitcoin does not give public details of people who make transaction with it, some people do say it promote crime. People needs to understand one of the features of bitcoin is freedom that anybody can get access to it, it does not discriminate.  The privacy features of bitcoin is very important to humanity,  which I know one of its advantage is for safety by using cryptography that makes all transactions safe and encrypted.

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private.  Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

Exactly what op said is the truth, many people are just saying that criminal are using bitcoin to do their criminal activities but before bitcoin was invented crime was on the peak in internet so how come bitcoin became a promoter of crime? Those people don't even know what they are saying. Some are even saying that criminal are using bitcoin to hide their stolen funds. Even without bitcoin they used to hide their stolen funds in dollar. So bitcoin has nothing to do with criminals but it is meant for genuine and for the betterment of the people in the world. So anyone who is interested to use it, he or she is free to use it for a legal way.

[n0ne]

Only the end users weren't known. If we know a particular bitcoin address belongs to a specific person then we'll be able to see what all the transactions had taken place. The network is transparent in such a way, and the level of anonymity depends based on the user to making use of different services available. When it comes to bitcoin the intermediate is removed, which means the controller of our funds were removed and we've got the freedom to use it whenever required.

Even before the existence of bitcoin there is crime around the world. The number of crimes connected with cryptocurrencies were far less compared to the crimes that had happened with USD and other traditional currencies. Most of the time to make people get into fear the negative part of bitcoin were much projected.

[jeraldskie11]

You and I both agree. Some people simply have negative thoughts about bitcoin. They have a bad impression about bitcoin. We are all aware that criminals can use Bitcoin, but it can also be utilized for our safety so that we can transact millions of dollars without anyone knowing who we are. You are aware that criminals will urge you to do evil things if they know you have a lot of money. We should therefore consider Bitcoin favorably and the advantages it offers us. At all costs, we should have to defend ourselves against criminals by keeping our identities a secret.

[xSkylarx]

I hope other people really understand it because they judge immediately, like if they just heard Bitcoin in news about drugs, that is when they will think that Bitcoin is just a currency for illegal transactions. But yes, this is really the characteristic of a person who is really not open to learning Bitcoin, but for sure later on they will realize the true meaning and importance of Bitcoin.

[Sarah Azhari]

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private.  Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

Good, it's the great statement I ever heard. In my resident who don't understand Bitcoin always judge that asset as the mother of crime which makes it easy for people to hide their activity. They don't understand if the function of Bitcoin as privacy not as for hiding the criminal like their thinks. Even I explained it too much, they were consider it with what they ever heard. And I think the problem is not on them, but the bad guys who take advantage of it and appear in the news which was heralded by the media.

[kro55]

And I think the problem is not on them, but the bad guys who take advantage of it and appear in the news which was heralded by the media.

When someone misjudges a problem, it's their fault, they have no knowledge of it but always think they are intelligent and right. So I'll take it as their fault. If someone thinks bitcoin is related to crime then ask them, crime came first or bitcoin came first, and what criminals used before bitcoin. Like gun crime, the crime here is the gun user, not the gun maker, and it's not the gun's fault. It can be said that crime is formed from human behavior. Those who understand that but still insist on blaming bitcoin, you should stay away from their stupidity to avoid wasting time.

[Bitcoin_people]

Those who want to increase their financial transactions can definitely do it with Bitcoin because Bitcoin is independent, anyone can access it and make transactions. Although Bitcoin is currently considered illegal in many countries, they consider Bitcoin transactions to be a crime. But many countries are enjoying their benefits by trading by Bitcoin and moving forward economically I think Bitcoin trading can never be a crime. By transacting by Bitcoin anyone can easily access and complete the transaction with security which gives convenience to the people. When a person's privacy is most important in a transaction, transactions with Bitcoin can be done with security. Without the privacy of Bitcoin, surely no one would complete a transaction with Bitcoin, so people trade with Bitcoin because of this privacy of Bitcoin. It is true that Bitcoin is not for everyone because those who transact Bitcoin must have the privacy that Bitcoin offers complete security to all individuals.

[aylabadia05]

Bitcoin has nothing to do with crime

Yes. Absolutely nothing to do with any crime. Because the crime is an act or act of an intelligent being committed against a legal action as well as an explanation of the meaning of the crime itself.
People who say Bitcoin is a form of crime in the context of cryptocurrencies because the privacy that exists in Bitcoin is determined by each individual with steps and facilitates transactions without having to involve third parties so that they are not as profitable as the profits obtained by bankers on customer money.

Actually they have no other task than to say Bitcoin has something to do with crime.
A crime that can't be explained from what point of view if we ask it rationally.

[fauzan Ichsan]

And I think the problem is not on them, but the bad guys who take advantage of it and appear in the news which was heralded by the media.

When someone misjudges a problem, it's their fault, they have no knowledge of it but always think they are intelligent and right. So I'll take it as their fault. If someone thinks bitcoin is related to crime then ask them, crime came first or bitcoin came first, and what criminals used before bitcoin. Like gun crime, the crime here is the gun user, not the gun maker, and it's not the gun's fault. It can be said that crime is formed from human behavior. Those who understand that but still insist on blaming bitcoin, you should stay away from their stupidity to avoid wasting time.

Of course crime occurs because of opportunity, and that opportunity is to earn money, but of course there are many ways to avoid crime. every development, of course, there is a negative gap at first, but it will decrease with knowledge and ways to avoid it, so that in the end it can be said to be safe. something like this is something that is natural, so each person's personal assessment must be able to think broadly about the advantages and disadvantages, so that it can be corrected from time to time until it approaches complete goodness

[Mr.suevie]

.

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private.  Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

You are totally correct, crime has been in existence as the one of the attributes that's follow the human free nature of choice and most people tend to choose wrongly even as far using something good and helpful like Bitcoin and they totally abuse it by violating it's main purpose.

Bitcoin is a decentralized money and it's creation was to eliminate third party involvement in your financial life which so far has been working splendid and that's the major reason why the spread of FUD against Bitcoin is growing everyday even by the so called government because they can't seem to monitor your financial life.

[bakasabo]

Because of bitcoin does not give public details of people who make transaction with it, some people do say it promote crime.

Even though Bitcoin is not about crime, people's minds are washed with crime propaganda. People trust and believe the most in what they see. Social media rarely post something positive about Bitcoin. TV and movies are even worse. For example, if we search on IMDB for Bitcoin, we would find only crime related movies. Media and the internet have already created a negative vision for Bitcoin. When people hear about Bitcoin, first they thing are crime, money laundering, scam, drugs. It is close to impossible to change such point of view.

[Richycryp]

Yes that is true, people always think that bitcoin has been the best way of scam.
And secondly In most of the bitcoin machines they always write beware of scam, that doesn’t mean bitcoin is scam they are actually telling you to be aware of who my ask you to send bitcoin regarding to one or two reasons for transactions.
This is because of it difficult to trace the transactions after it has been done.

[Rockstarguy]

There has been a high rate of kidnapping in my country and all of the ransome payments are paid through cash. And most of these payments have not been used to track these criminals. There are limited means of tracing cash transactions. Bitcoin was just created for common men to have control of their money so that they can live a private life. I have never been involved in any criminal activities but I don't also want anybody to know how much I am worth and how I run my financial life, this is why my only option is Bitcoin.

I so much agree with you , over the years cash have been used till now as a method of payment for crimes, illegal businesses and their is no way this can be traced by the people who commits this crime. In the country where I come from the rate at which some persons make fake cash is very high, this fake cash is just exactly as the original money which can be use in exchange for goods and services,  and those with are involved into these criminal act can't be traced.

Cash is usually use to commit more crimes than with bitcoin,  every transaction made with bitcoin can be found in blockchain which can be tracked.

[Kakmakr]

A lot of people do not see the same level of anonymity that "cash" gives to criminals ..than what Bitcoin gives to people. This is why there are a global shift to eliminate "cash" and to replace it with centralized digital technologies.

The governments of the world hate any technology that can reduce their control.... they need to know everything about people's finances. They need to know everything about your finances, because it pays their salaries with the taxes you have to pay to them. 

[AHOYBRAUSE]

Because of bitcoin does not give public details of people who make transaction with it, some people do say it promote crime. People needs to understand one of the features of bitcoin is freedom that anybody can get access to it, it does not discriminate.  The privacy features of bitcoin is very important to humanity,  which I know one of its advantage is for safety by using cryptography that makes all transactions safe and encrypted.

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private.  Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

Right and wrong.
It definitely enables crime or makes it easier. To say it has nothing to do with crime would be the same as saying guns have nothing to do with murder. They can be used for murder, but not necessarily have to. Same for bitcoin, it can be used to commit crime, but doesn't have to.
In the beginning for example bitcoin was the go to payment for silk road (as we all know). Well, dealing drugs is a crime. So bitcoin had something to do with it.

I am not saying bitcoin is a "crime currency" or is encouraging crime, it's far from that.
Just saying the topic name is wrong, it definitely makes it easier to do something crime related f you really want to. Like for example money laundry, buying illegal stuff, circumventing limits of bringing valuables into a country, and so on.

[demonica]

Of course Bitcoin is not the reason nor the cause of crime we see that involves crypto. As what you've said, anonymity is a distinct and important feature that Bitcoin has. It's purpose is for safety reason, it's just that people tend to take advantage and exploit it for their own doings even if it's illegal. And we can't erase that since it involves money. Even in normal transaction involving fiat, different crimes are still present.
People who think Bitcoin has something to do with crime, doesn't fully understand what Bitcoin aims.

[Blitzboy]

Those who want to increase their financial transactions can definitely do it with Bitcoin because Bitcoin is independent, anyone can access it and make transactions. Although Bitcoin is currently considered illegal in many countries, they consider Bitcoin transactions to be a crime. But many countries are enjoying their benefits by trading by Bitcoin and moving forward economically I think Bitcoin trading can never be a crime. By transacting by Bitcoin anyone can easily access and complete the transaction with security which gives convenience to the people. When a person's privacy is most important in a transaction, transactions with Bitcoin can be done with security. Without the privacy of Bitcoin, surely no one would complete a transaction with Bitcoin, so people trade with Bitcoin because of this privacy of Bitcoin. It is true that Bitcoin is not for everyone because those who transact Bitcoin must have the privacy that Bitcoin offers complete security to all individuals.

No money offers more flexibility and convenience than Bitcoin. It allows everyone to trade. You demonstrated how Bitcoin provides freedom, safety, and anonymity. Bitcoin is safe and ideal for privacy, as you indicated.

Isnt it odd that Bitcoin, a stateless currency, isnt accepted everywhere? Bitcoin is banned in several countries because trades are illegal. Thats not true, though. Bitcoin must be excellent because people trade it privately. Yes, no one would complete a transaction without privacy.

Bitcoin's independence, security, and anonymity make it beautiful. The bargain makes life easier for everyone, thus its not a crime. Privateness makes Bitcoin secure, therefore people trade with it.

[Issa56]

You and I both agree. Some people simply have negative thoughts about bitcoin.

Most of the people that are having negative thought about bitcoin don't really know about bitcoin, most of them do listen to what the government say about bitcoin or what they see about bitcoin on social media, and they will start having negative impression about bitcoin, but when they truly get to understand what bitcoin is all about, then their mindset will change, that's why if i see anyone that's against bitcoin, i do take my time to explain what bitcoin is all about, which at the end some them might end up having change of mindset. The Government is just fighting for their own selfish interest that's why they are really against bitcoin.

We are all aware that criminals can use Bitcoin, but it can also be utilized for our safety so that we can transact millions of dollars without anyone knowing who we are. You are aware that criminals will urge you to do evil things if they know you have a lot of money. We should therefore consider Bitcoin favorably and the advantages it offers us. At all costs, we should have to defend ourselves against criminals by keeping our identities a secret.

Bitcoin is a currency, so its normal for it to be used for illegal things, every currency is been used for illegal things but the government is making us feel like its only bitcoin that's used for crime, but bitcoin was just created in 2009, and illegal things are being done even before bitcoin was created, so which currency were the criminals using before bitcoin was created? Fiat currency was used to commit crime before bitcoin was created and up till now, so why are people not complaining that fiat currency is use for criminal activities.

[DapanasFruit]

Bitcoin can be used by anyone whether it can be for legal or even illegal purpose. Now, having said that, it would be good to remember that it is the same thing with the fiat money - and in fact there are now proofs that as of today most of the illegal or illicit transactions are done with the usual fiat money with only a little portion done via cryptocurrency. This is just like the modern communication technologies we have...they are all open to anyone and it would be so hard to stop criminals to be using them.

[Altcoiner007]

Because of bitcoin does not give public details of people who make transaction with it, some people do say it promote crime. People needs to understand one of the features of bitcoin is freedom that anybody can get access to it, it does not discriminate.  The privacy features of bitcoin is very important to humanity,  which I know one of its advantage is for safety by using cryptography that makes all transactions safe and encrypted.

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private.  Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

Bitcoin does not encourage crime as it is said. Those who say that do not fully understand the privacy concept of using bitcoin or cryptocurrency. However, criminal minded individuals would really appreciate the fact that they could carry out huge financial transaction across country and continent and no financial or security institution can be a barrier and with no delay. I hope you know that if huge financial transaction is made in the conventional bank, it is easier to call the individual for investigation.

We simply need to educate the public what bitcoin and cryptocurrency really is and how it works because criminal minds would want to exploit any opportunity to perpetuate their ill

[Helena Yu]

No money offers more flexibility and convenience than Bitcoin. It allows everyone to trade. You demonstrated how Bitcoin provides freedom, safety, and anonymity. Bitcoin is safe and ideal for privacy, as you indicated.

Isnt it odd that Bitcoin, a stateless currency, isnt accepted everywhere? Bitcoin is banned in several countries because trades are illegal. Thats not true, though. Bitcoin must be excellent because people trade it privately. Yes, no one would complete a transaction without privacy.

Bitcoin's independence, security, and anonymity make it beautiful. The bargain makes life easier for everyone, thus its not a crime. Privateness makes Bitcoin secure, therefore people trade with it.

Nah, cash or mobile banking is more convenience and preferred than Bitcoin. Why? you don't have to pay any fee, the process is very simple and you don't have to wait for your transaction to be confirmed.

Bitcoin is only good as a currency when you buy something in online marketplace or you're transact with other people outside your country, you don't need to use international service and something like that.

[Ale88]

Because of bitcoin does not give public details of people who make transaction with it, some people do say it promote crime. People needs to understand one of the features of bitcoin is freedom that anybody can get access to it, it does not discriminate.  The privacy features of bitcoin is very important to humanity,  which I know one of its advantage is for safety by using cryptography that makes all transactions safe and encrypted.

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private.  Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

This is a story that has already been debunked several times: first of all bitcoin is not completely anonymous, every single transaction, every single movement is stored on the blockchain and therefore it's possible to follow the coins. Even when mixers are used. There have been some cases where the FBI managed to follow stolen bitcoins despite the thieves tried to do everything to hide them. On the other hand cash is way better for criminal activities.

[Raflesia]

Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

It's just a classic story that is always wrapped in some excuse that bitcoin is bad. This happens often and the reason remains the same because bitcoin can be used by irresponsible people to carry out their actions.
But actually if you look at the comparison of fraud or scam cases that are currently happening isn't fiat also the same. what's the difference with bitcoin? why aren't they called dangerous? the only reason I can see is that fiat has always been one of the main needs for all of us and bitcoin is only a small part of that but on the other hand of course with reasons like this we come to know that saying bitcoin is dangerous because it indicates the crime factor is only a made-up reason to weaken bitcoin.

[RiverBoy]

Bitcoin has been created for easy way of holding without third party to know you're having Bitcoin, accept you discussed it out, holding Bitcoin is not a crime, because is a digital assets which can be used for online business and more profitable, when you have full knowledge of making used of Bitcoin, that is Bitcoin trading and investment give more profits as long you can hold.

[Franctoshi]

Bitcoin itself was meant to solve a problem in the financial system and was not created to use for criminal activities, rather individuals sort to use Bitcoin for illegal activities and comparing the number of illegal activities done via Bitcoin is way low than the ones done via the fiat currency.
Because of its transparency, anyone can monitor or trace whatsoever transactions carried out on the Blockchain.
So it is the duty of the government to put measures in place to prevent using cryptocurrency for criminal dealings.

[m2017]

Bitcoin the same as guns and any armaments does not commit crime by itself.

No, not exactly.

Bitcoin is not a weapon, like guns and armaments are. It can't kill anyone directly. Bitcoin is just money and it should be treated as such.

Whereas the discussions around gun control center around limiting duns from being owned by violent people, the pushback against BTC is mainly from banks, the people who run those banks, and to a lesser extent, conspiracy theorists.

(Banks really hate BTC, so it makes sense that they spread all kinds of rumors about it. But in the end, they can't win against a trillion-dollar asset - and counting.)

Bitcoin is a tool that can be used in two ways: both for good and for harm. Basically, like traditional money. Everyone remembers the story with Silk Road as a means of payment for prohibited goods? In that case, bitcoin had a direct link to criminal activity. If you don't do anything like that, then bitcoin will have nothing to do with crime, which most often happens to most ordinary BTC-users.

If we give an analogy with a weapon, then bitcoin is like a kitchen knife, the use of which is not an illegal activity, but as soon as it is used as a weapon in criminal activity, everything changes immediately. With the help of a kitchen knife, many crimes are committed, although it would seem that this is the most common and harmless tool. That is, I want to say that the criminality of bitcoin will depend on the activities that you conduct. If within the law, then everything is in order.

In order for the public consciousness of the broad masses to change the personification of bitcoin as a tool for criminal activity, which the media most often advertise and exaggerate, cardinal changes must occur, possibly with an increase in value (not so much about the price on the coinmarketcap) and the status of bitcoin as a financial asset.That is, the more weight bitcoin will gain in society, the less will be identified with crime.

[Lorence.xD]

Bitcoin was made for everyone to use for any transactions, which is decentralized so you have the power to control your assets whatever you like. Due to Bitcoin's decentralized system since it's part of the crypto, many people would use it to any thing such as illegal activities. Criminals might love to use Bitcoin since they can anonymously have transactions so I think that also might be the reason why the government would love to centralized it. So they could gather some data and trace the identity of people that involves to any crime. Not only that, some people might use the name of "Bitcoin" just to scam innocent people especially newbies. Since people are already aware on Bitcoin's potential many of them would want to own even 1 BTC, so those people are the most common target of scammers. These could be the reason why some people couldn't even want to acknowledge Bitcoin due to this issues because in banks they have the liability to secure your funds.

[shivansps]

It is a question of how to use this freedom.
This is the same as saying that money is evil. They can bring peace to the earth and good things can be done with their help, but also something very bad can happen with their help. It's a matter of how to use it.
Also with bitcoin. The secrecy that Bitcoin gives is very good in general, but in some individual situations, because of this, some financial crimes may be committed that are not disclosed due to secrecy.
In my country, it is very common for drug dealers to settle accounts with people who carry and hide drugs with bitcoins, because these money transfers are much more difficult to trace and later prove.

[tygeade]

Absolutely right! Even though, if we let our reasoning run its course, criminals employing Bitcoin for transactions aren't fundamentally different from those using USD for other illicit deeds. Bitcoin receives a disproportionately critical treatment from the anti-Bitcoin faction, as if every new currency launch is preordained to garner their disapproval. Yet, the disparity with the USD is minimal.

For any currency is inherently susceptible to exploitation, and Bitcoin lacks the agency to pick its users; it's the users who choose Bitcoin. It's grossly unjust that this constant negative framing is consistently aimed at Bitcoin.

Remember! Don't forget that the whole point of Bitcoin is to be this alternative exchange tool built on the concept of Blockchain. Whoever uses Bitcoin for some weird stuff, well, that doesn't actually change the core purpose of Bitcoin as intended by its creators.

This has been the most important part of it all. I mean before 2008 when bitcoin was invented, didn't we already had crime? So much so that we had criminals with billions of dollars as well. This means that bitcoin didn't change anything, criminals are still criminals and there is nothing we can do to stop that and should realize that this is the only way to go.

I understand that it may not be the best thing in the world to have this but that's just the reality we have to live with. I get that people are living in a different world nowadays and it will not end up being any good, but as long as we end up with a good result one day, that's going to be something I could see no contribution from bitcoin at all.

[mirakal]

Bitcoin is only a currency, so how can it promotes crime? If there is crime, it’s not the tool that should be blamed but the people who are directly involved in doing such crimes. And if crimes have increased, it’s not because of the privacy that bitcoin offers, but because of fiat that is used for fraud and money laundering. And it’s only now that bitcoin has been known and used as a currency, while fiat has been used the same, obviously longer than bitcoin exists.

[skarais]

Bitcoin was made for everyone to use for any transactions, which is decentralized so you have the power to control your assets whatever you like. Due to Bitcoin's decentralized system since it's part of the crypto, many people would use it to any thing such as illegal activities. Criminals might love to use Bitcoin since they can anonymously have transactions so I think that also might be the reason why the government would love to centralized it. So they could gather some data and trace the identity of people that involves to any crime. Not only that, some people might use the name of "Bitcoin" just to scam innocent people especially newbies. Since people are already aware on Bitcoin's potential many of them would want to own even 1 BTC, so those people are the most common target of scammers. These could be the reason why some people couldn't even want to acknowledge Bitcoin due to this issues because in banks they have the liability to secure your funds.

Absolutely, and I agree with your assumptions. Bitcoin are money that can basically be used legally or for the right thing and vice versa. Bitcoin cannot be blamed for its wrong use cases, it is one of the unavoidable things about a currency. It's exactly the same status as any other means of payment, I mean it's always the potential to be used for the wrong purposes.

So even if bitcoin is also being used in ways that are not true in its use case, this is not the fault of bitcoin itself. Crime and acts of crime exist not only because bitcoin exists, but bitcoin is only used for smooth transactions for them.

[lionheart78]

Bitcoin was made for everyone to use for any transactions, which is decentralized so you have the power to control your assets whatever you like. Due to Bitcoin's decentralized system since it's part of the crypto, many people would use it to any thing such as illegal activities. Criminals might love to use Bitcoin since they can anonymously have transactions so I think that also might be the reason why the government would love to centralized it. So they could gather some data and trace the identity of people that involves to any crime. Not only that, some people might use the name of "Bitcoin" just to scam innocent people especially newbies. Since people are already aware on Bitcoin's potential many of them would want to own even 1 BTC, so those people are the most common target of scammers. These could be the reason why some people couldn't even want to acknowledge Bitcoin due to this issues because in banks they have the liability to secure your funds.

But using Bitcoin buying illegal items does not mean that Bitcoin does those crimes.  It is the person behind who do those purchases that is committing crimes, Bitcoin just like any fiat currency is just used to buy services and items.  I think those who are anti-Bitcoin spread propaganda and intentionally twisted facts making other people believe that Bitcoin enables crime.  Just think of the comparision between fiat currency and Bitcoin and which one is highly used for money laundering and buying illegal trades.  We can see that Bitcoin transactions used in illegal trades can't be compared to how fiat currency is being used for crimes.  After all fiat currency is being used for illegal trades even before Bitcoin is created.

[The Cryptovator]

Criminals will continue to exist whether Bitcoin is present or not. Crime existed before the discovery of Bitcoin. Decentralized attributes sometimes attract criminals to use Bitcoin for ransom or payments, but Bitcoin itself isn't inherently linked to criminal activities. Criminals might resort to using fiat even in the absence of Bitcoin. Criminals will always seek methods to secure themselves, and Bitcoin might be one of their choices. The decentralized nature makes prevention challenging.

[MinoRaiola]

Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

Nicely written and for the most parts correct, but there are reasons for crime. There are also with cash, but with cryptocurrencies it is faster and safer. Recently I read a report from drug cartels in Colombia, who are happy that they no longer have to send cash in bags. With cryptocurrencies, it takes just a few seconds and deals are supposed to be quick. It has become easier for them to send the money, but not the drugs.

The same is true for cash and I would bet that every one of us has illegal money in our hands. The money may have been used in illegal deals in the past, but we dont know.

[jaberwock]

A lot of people do not see the same level of anonymity that "cash" gives to criminals ..than what Bitcoin gives to people. This is why there are a global shift to eliminate "cash" and to replace it with centralized digital technologies.

The governments of the world hate any technology that can reduce their control.... they need to know everything about people's finances. They need to know everything about your finances, because it pays their salaries with the taxes you have to pay to them. 

I think it's quite obvious that there will be a lot of people who will always feel that it's not going to be an easy thing to handle but the reality is that we are facing a situation that will be quite easy to handle if we know what we are doing and we are aware of the situation.

This is the reason why I think it's quite important to see this going differently and I think it's going to be something that will matter on the long run. Hopefully there will be some people who know what they are doing and will find a way to make it clear to people that crime is crime, no matter what currency you use and it's always going to be a trouble and there will always be criminals and the existence of bitcoin doesn't change a thing.

[usekevin]

Some people of the society thing,the bitcoin is the reason for the criminal activities was increased.But they should understand the criminal will find the other way for the transaction,even if the bitcoin not exist.Bitcoin was getting their positive approach in the economy now.Because many bitcoin traders are paying some taxes to the government and most of the countries made the bitcoin as the legal tender.So bitcoin now supporting the economy of most of the developing countries which was not done by their government.

[Bushdark]

Some people of the society thing,the bitcoin is the reason for the criminal activities was increased.But they should understand the criminal will find the other way for the transaction,even if the bitcoin not exist.Bitcoin was getting their positive approach in the economy now.Because many bitcoin traders are paying some taxes to the government and most of the countries made the bitcoin as the legal tender.So bitcoin now supporting the economy of most of the developing countries which was not done by their government.

Just like op had explain, Bitcoin has nothing to do with crime so we all for those that do not know anything about Bitcoin should see the difference between Bitcoin and crime. Just like fiat currency is always used for crime, Bitcoin can also be used for crime but it is not as safe as we might thing.

Bitcoin uses for crime is not even safe like when they use fiat because the wallet can be tracked using different sophisticated devices to get to the root of the scammer or fraudster location. Bitcoin is safe for everyone to use and we don't have to attach it to crime just like those that are Bitcoin pessimistic used to admit.

[_BlackStar]

Money has always the potential to be abuse regardless of its purpose - not just bitcoin, but fiat too. Bitcoin, which is known to have a high value and meets the requirements as a means of payment, is also an option for abuse from several groups - not only criminals, but some corrupt officials also take advantage of the technology.

Bitcoin has nothing to do with crime - of course, but criminals can abuse it. Regardless of the technology it carries - bitcoins are the most sensibly abused option by them although some of them are still traceable. I'm against abuse - but it can't be completely prevented.

[freedomgo]

Right indeed. Bitcoin is just a tool, it can never be used to create crime all by itself. Same goes to fiat. My point is it’s not the currency that becomes the source of crime, it’s actually those people who have hunger to own big amount of money even committing a crime on the side.

Also, bitcoin’s anonymity is not designed to create a crime, but it’s for the individual’s freedom to enjoy their money without the government controlling them, and without any third party that will interrupt in their funds. Well, a lot could misinterpret this but if they do their own diligence to research about bitcoin, they will understand that it’s never designed to create crimes in the first place.

[panganib999]

I am completely in agreement with you dude. Like all these people proposing that bitcoin harbor criminals just cause it's being used every now and again for money laundering and scamming is are dumbfucks in my opinion. Like if that would be their argument then that makes fiat an even bigger problem yeah? Cause at the end of the day it's the main driver for all these crimes anyway! If anything bitcoin even deters these people from getting their money since most of the readily usable exchanges where you could convert your crypto to fiat is centralized, and the moment they recognize your money's supposed to be someone else's, they'd literally freeze your assets. Does that happen in fiat as much as it happens in crypto? I don't think so!

[Iranus]

Right indeed. Bitcoin is just a tool, it can never be used to create crime all by itself. Same goes to fiat. My point is it’s not the currency that becomes the source of crime, it’s actually those people who have hunger to own big amount of money even committing a crime on the side.

Also, bitcoin’s anonymity is not designed to create a crime, but it’s for the individual’s freedom to enjoy their money without the government controlling them, and without any third party that will interrupt in their funds. Well, a lot could misinterpret this but if they do their own diligence to research about bitcoin, they will understand that it’s never designed to create crimes in the first place.

Those who spread bitcoins that are involved in crime or create crime are mostly government and people who hate bitcoin. I think they don't misunderstand bitcoin but they are intentionally spreading misinformation to keep people away from bitcoin. It can be said that these are just actions stemming from jealousy and selfishness of some people.

Bitcoin, fiat or any other asset, they are all just tools created for the purpose of serving people and what they are used for is up to each person. If bitcoin is made for criminals, are big investors like Elon or MicroStrategy criminals too?

[fuguebtc]

-.-
 Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

Bitcoin has only been around for 14 years, while crime and fiat money have been around for hundreds of years, but strangely, we have never heard any complaints about fiat being involved crime and we should get rid of it. It is clear that there are manipulations and misrepresentations that are being spread to tarnish the reputation of bitcoin. Therefore, those who are believing that bitcoin is involved in crime are stupid people.
I agree with some opinions here, bitcoin is just a tool, a currency and what we use it for is up to us. Just because bitcoin is used by criminals and says it is involved in crime, let's not refute that argument for fiat.

[xSkylarx]

Some people of the society thing,the bitcoin is the reason for the criminal activities was increased.But they should understand the criminal will find the other way for the transaction,even if the bitcoin not exist.Bitcoin was getting their positive approach in the economy now.Because many bitcoin traders are paying some taxes to the government and most of the countries made the bitcoin as the legal tender.So bitcoin now supporting the economy of most of the developing countries which was not done by their government.

Even if the cash you are holding right now was also used on illegal activities, that is really the point. They somewhat think that Bitcoin was only used on illegal things, even if the cash in their wallet was also used on illegal transactions. It is really because they lack knowledge about Bitcoin, and also because the news is somewhat misleading. It is the same with people that got interviewed and say that they got scammed in Bitcoin.

[mindrust]

If bitcoin was enabling scams, so is the USD (and gold). Banning bitcoin for this is as stupid as banning gold or usd. And bitcoin is not even fully anonymous unlike monero and yet even monero don't deserve to be banned. Privacy is a human right and it cannot be banned. I am purchasing something for whatever reason and nobody needs to know about it That's my right and whoever don't agree with it can fuck right off.

Then there is this little Schwab bitch says:


https://twitter.com/wef/status/804549664439762945

"Welcome to 2030. I own nothing, have no privacy, and life has never been better."

[Furious 7]

Bitcoin is only a currency, so how can it promotes crime? If there is crime, it’s not the tool that should be blamed but the people who are directly involved in doing such crimes. And if crimes have increased, it’s not because of the privacy that bitcoin offers, but because of fiat that is used for fraud and money laundering. And it’s only now that bitcoin has been known and used as a currency, while fiat has been used the same, obviously longer than bitcoin exists.

This is what must be understood. Everyone has a different perspective when it comes to technology and everything that has a price will definitely have some irresponsible people who make it an object of criminality.
Bitcoin is one of the objects that is currently very valuable so it will definitely be visited by people who want more in the wrong way. and of course the one to blame is not the object but the person who did it. bitcoin is not wrong because the purpose of bitcoin was not made for that, it's just that irresponsible people like this who make bitcoin tainted.

I've been saying this since the beginning but it seems like the anti bitcoin people are always saying nonsense about bitcoin being a crime but they don't want the facts because they say that almost every year in order to undermine bitcoin.

[Plaguedeath]

I've been saying this since the beginning but it seems like the anti bitcoin people are always saying nonsense about bitcoin being a crime but they don't want the facts because they say that almost every year in order to undermine bitcoin.

There are a lot stupid people out there and they always have something to say, they think they're always correct and other people who disagree with their' opinions are wrong. The best way to respond against those people is silent and move on.

When you're debating with a stupid people, you will not win and there's nothing you can learn.

[Z-tight]

I've been saying this since the beginning but it seems like the anti bitcoin people are always saying nonsense about bitcoin being a crime but they don't want the facts because they say that almost every year in order to undermine bitcoin.

Some of the people who say that BTC is easier for criminals to use do not understand how BTC works, they do not know that BTC has a public ledger, and all transactions can be seen and traced from there, why would criminals want to use a currency that can help authorities trace and apprehend them.

That is not to say that criminals do not use BTC, but the number of them that use it is fewer than those who use cash or privacy coins, only criminals that are skilled in the blockchain and know how to keep their identity hidden can use BTC, and not too many people know how to do it, so they'll just use other less transparent payment methods.

[alastantiger]

Because of bitcoin does not give public details of people who make transaction with it, some people do say it promote crime. People needs to understand one of the features of bitcoin is freedom that anybody can get access to it, it does not discriminate.  The privacy features of bitcoin is very important to humanity,  which I know one of its advantage is for safety by using cryptography that makes all transactions safe and encrypted.

I think that the first place where people get it wrong particularly those who have not carried out their research is that since bitcoin is almost associated with being anonymous it therefore means that its transactions cannot be traced. Wrong. The reality is that blockchain operates as a public ledger where if there bitcoin is used for say, laundering, this crime can be traced with a "simple" forensic analysis of the block chain. From Chainalysis report, crimes carried out with bitcoin is not even up to 1%. Criminals still prefer the US dollar over bitcoin.

Transactions involving illicit addresses represented just 0.15% of cryptocurrency transaction volume in 2021 despite the raw value of illicit transaction volume reaching its highest level ever. As always, we have to caveat this figure and say that it is likely to rise as Chainalysis identifies more addresses associated with illicit activity and incorporates their transaction activity into our historical volumes. For instance, we found in our last Crypto Crime Report that 0.34% of 2020’s cryptocurrency transaction volume was associated with illicit activity — we’ve now raised that figure to 0.62%.
https://blog.chainalysis.com/reports/2022-crypto-crime-report-introduction/

[Luzin]

I've been saying this since the beginning but it seems like the anti bitcoin people are always saying nonsense about bitcoin being a crime but they don't want the facts because they say that almost every year in order to undermine bitcoin.

Bitcoin is just a technology and it will have a judgment that results from the owner. So people say Bitcoin is a problem it's his right, but he doesn't seem to understand it very well. In this world, there are good and bad, the two always stand together. The good and bad image of Bitcoin depends on the user. But ever since I introduced bitcoin, bad and good news has always existed. That's nice even without it we can't take advantage of the instability caused by the existence of news of crime from Bitcoin or crypto. So as long as users still have trust that continues to be built, Bitcoin will continue to grow. IMO

[KiaKia]

Whatever gives you money online is scam in the face of many people who have no idea what Bitcoin is all about, I have found myself in a situation where I have to explain ways I make money to some people because I am always absent when they need me most, even after I honored them due to the position they have in the family they start believing that I am into something that has everything to do with crime, I blamed myself for speaking up after, I was thinking they would understand, but they instead got it all wrong.

If people think Bitcoin has everything to do with crime, leave them be, they will soon understand what they have missed and some won't even regret because they have vow to never have anything to do with the internet, don't be surprised, some people still thinks this way.

[AicecreaME]

I agree with you.

However, we can't stop people give their own opinion about what they've seen and heard in different social media platforms regarding about bad news in scamming scenarios that happened using cryptocurrency as a bait. We should expect the instant discrimination of cryptocurrency from the people who don't know how Bitcoin and Blockchain works.

[Blitzboy]

Whatever gives you money online is scam in the face of many people who have no idea what Bitcoin is all about, I have found myself in a situation where I have to explain ways I make money to some people because I am always absent when they need me most, even after I honored them due to the position they have in the family they start believing that I am into something that has everything to do with crime, I blamed myself for speaking up after, I was thinking they would understand, but they instead got it all wrong.

If people think Bitcoin has everything to do with crime, leave them be, they will soon understand what they have missed and some won't even regret because they have vow to never have anything to do with the internet, don't be surprised, some people still thinks this way.

In today's era, and by era I mean, the last couple of years, we have seen an undeniable shift towards digital currencies, especially Bitcoin. I totally get where you're coming from. It's disheartening when close family members, who are supposed to support you, turn around and, for a lack of better word, label you as a criminal or at least, associate you with criminal activities. But don't you think it's kinda ironic? Many were quick to trust traditional banks even though some of them were, let's be real, shitty at best.

Bitcoin, as you rightly put, is much more than just some currency involved in criminal dealings. And while trash humans may equate it with crime, they forget or maybe ignore, the vast potential it offers. Also, not everything that glitters on the internet is gold. Or, I mean, Bitcoin isn't gold, but it's, uh, valuable?

Also, support for Bitcoin should never go away. Those who think it's all shady should learn from time and technology. Even if it takes two or three decades. Who's keeping track? Still, always back Bitcoin.

[Furious 7]

I've been saying this since the beginning but it seems like the anti bitcoin people are always saying nonsense about bitcoin being a crime but they don't want the facts because they say that almost every year in order to undermine bitcoin.

There are a lot stupid people out there and they always have something to say, they think they're always correct and other people who disagree with their' opinions are wrong. The best way to respond against those people is silent and move on.

When you're debating with a stupid people, you will not win and there's nothing you can learn.

I agree with what you said because this will only waste time if it continues to be debated especially since their goal is also clear only to weaken without caring whether it is the truth or not they don't care because as long as there are cases in bitcoin they will immediately claim that this is destructive and if you look at the existing history of criminality and environmental destruction being one of the repeated reasons they continue to use.

I've been saying this since the beginning but it seems like the anti bitcoin people are always saying nonsense about bitcoin being a crime but they don't want the facts because they say that almost every year in order to undermine bitcoin.

Bitcoin is just a technology and it will have a judgment that results from the owner. So people say Bitcoin is a problem it's his right, but he doesn't seem to understand it very well. In this world, there are good and bad, the two always stand together. The good and bad image of Bitcoin depends on the user. But ever since I introduced bitcoin, bad and good news has always existed. That's nice even without it we can't take advantage of the instability caused by the existence of news of crime from Bitcoin or crypto. So as long as users still have trust that continues to be built, Bitcoin will continue to grow. IMO

Actually, if we realize that everything that exists has its pros and cons, I don't think things like this will be too much of a headache because as you said that something is good or bad depends on how we use it. on the other hand, when viewed from the current percentage of criminality in bitcoin, it is only a small part when compared to the benefits provided from bitcoin, but indeed when something is good, the bad things will be discussed more than the benefits provided.

I've been saying this since the beginning but it seems like the anti bitcoin people are always saying nonsense about bitcoin being a crime but they don't want the facts because they say that almost every year in order to undermine bitcoin.

Some of the people who say that BTC is easier for criminals to use do not understand how BTC works, they do not know that BTC has a public ledger, and all transactions can be seen and traced from there, why would criminals want to use a currency that can help authorities trace and apprehend them.

That is not to say that criminals do not use BTC, but the number of them that use it is fewer than those who use cash or privacy coins, only criminals that are skilled in the blockchain and know how to keep their identity hidden can use BTC, and not too many people know how to do it, so they'll just use other less transparent payment methods.

As I said in the previous article because this happens only when there are some people or circles who are not responsible for taking actions that actually damage the image of bitcoin itself but that does not mean that all of us who are in bitcoin are damaged because it is only a small part of us who have bad intentions.

We cannot hold someone's intention to commit a crime because when there is something profitable they will definitely do their own way to benefit including crimes that we need to pay attention to in this case is that we only need to anticipate that such crimes do not accept us. not that I support crime but something like that cannot be prevented because we don't even know the intentions in everyone's heart especially in bitcoin.

[Kelvinid]

However, we can't stop people give their own opinion about what they've seen and heard in different social media platforms regarding about bad news in scamming scenarios that happened using cryptocurrency as a bait. We should expect the instant discrimination of cryptocurrency from the people who don't know how Bitcoin and Blockchain works.

It was their opinion and I respect that but that is wrong. We have correct them as early as possible in order to stop spreading false information and would stop confusion. Indeed, Bitcoin has nothing to do with the crime but people make it as a tool to promote criminalities and fraud, it was the tool for the success of their evil plan and so many people hated Bitcoin. They need education, they need clarification about Bitcoin and so these speculations spreading around will be over otherwise, we still hear negative things about Bitcoin.

[crwth]

I think it's the wrong way of thinking about it. It's not promoting crime but it's attracting users for it to be used in illegal stuff in transactions. Well, I think you would find that cash is being used more with illegal stuff because it's harder to track. For BTC, it's all public and you just have to connect the dots, but it's definitely hard. 

People should learn why it is not promoting it and it's always the people that are using it in illegal ways that are evil.

[uneng]

People should learn why it is not promoting it and it's always the people that are using it in illegal ways that are evil.

Yes, Bitcoin is a neutral tool which can be used for the good or evil, depending who is using it and what their intentions are. It's true many people feel encouraged to use BTC for the wrong reasons, assuming their criminal schemes could run smoothly by using a decentralized, anonymous, digital currency. However, they forget it's not entirely anonymous, and someone involved in shady activities dealing with BTC can still be caught by local or international intelligence services.

[RewFrew]

Bitcoin is a publicly accepted coin. Everyone can use it. It’s transaction is fully secured. As everyone can use it so some bad people can laso use it for crime. Criminals can occur crime many ways. They can use gold, dollar, Bitcoin and many currency for crime. I think it is not fault for Bitcoin. We saw many country’s doing restricted Cryptocurrency to avoid crime. But i think criminals will crime many ways not only with Bitcoin. They can crime by using skrill, netaller, paypal. But it also true that with use Digital currency government can found senders and receivers identity. But i think it is not problem to any specific currency, it is also a Global problem. So we have to found solution with different wayes.

[Fivestar4everMVP]

Bitcoin is a publicly accepted coin. Everyone can use it. It’s transaction is fully secured. As everyone can use it so some bad people can laso use it for crime. Criminals can occur crime many ways. They can use gold, dollar, Bitcoin and many currency for crime. I think it is not fault this, not fault for Bitcoin.

I think a simpler explanation is that fact that before bitcoin ever came into existence, crime has been, and strived around us, the government, including those who are complaining now and seeing bitcoin as a major source or currency through which criminal activities are funded, did nothing, or let me say that all their efforts yielded no positive fruit.

And today, we have bitcoin around which is a decentralized currency open for everyone to use, both the good, the bad, and the ugly, any body now claiming that Bitcoin is promoting crime in our society, is doing nothing but lying to themselves, they themselves know that they are saying or believe such out of maybe dislike for bitcoin, but the beautiful thing here is that, such believe will not deter or stop bitcoin from growing, anyone who see that as a reason not to buy or invest in bitcoin is only messing with their own future.

[tjtonmoy]

~Snip

What is Bitcoin trying to solve? The answer is - problems with centralized banking systems and fiat currency. So we can say that fiat and Bitcoin hold two different meanings. How did criminals do crimes back in the day, when there was no such thing as Bitcoin? They used currency that was available back then. What was it? yes, it was fiat money. Or valuable things that have value. Just for that reason, can we call money the reason for crime? No one calls it that and no one ever will. So why is it that people are calling Bitcoin a source of crime?

Bitcoin has many advantages that can keep your privacy safe and your identity hidden. But that does not mean that you should do crimes with it. Everything is good until you choose it to use for bad purposes. The same goes for Bitcoin. You can use it on a daily basis just to live day-to-day life, or you can use it to commit a crime. What you choose is up to you. And Bitcoin can never be the reason for that.

[Mr.suevie]

Bitcoin is a publicly accepted coin. Everyone can use it. It’s transaction is fully secured. As everyone can use it so some bad people can laso use it for crime. Criminals can occur crime many ways. They can use gold, dollar, Bitcoin and many currency for crime. I think it is not fault this, not fault for Bitcoin.

This is exactly what most people fail to understand because fraud and criminal activities have been long existing and even the so treasured fiat currency is used for so many illicit activities so this fact can't be blame when it's comes to Bitcoin. Most people adopted because of its decentralized nature and the easy use of it but what we should focus on is the actual purpose of its creation which is to eradicate financial slavery and so far it has been serving it's purpose to the fullest.

[Agbe]

Bitcoin has nothing to do with crime

The decentralized nature of the technology is making people use it for criminal activities. Since the coin is decentralized, nobody knows and control your funds. No currency support crime but it is the criminals use them to commit their crime. Bitcoin came and see crime so nothing can be done to bypass that angle of the bitcoin activities. Crime is not written on the forehead of the criminals so they use it to execute there plans and transfer their money from the victims account to there wallet.

[serjent05]

Bitcoin has nothing to do with crime

The decentralized nature of the technology is making people use it for criminal activities. Since the coin is decentralized, nobody knows and control your funds. No currency support crime but it is the criminals use them to commit their crime. Bitcoin came and see crime so nothing can be done to bypass that angle of the bitcoin activities. Crime is not written on the forehead of the criminals so they use it to execute there plans and transfer their money from the victims account to there wallet.

That may be the case and the blockchain transparency should be the one to nullify this intention but the presence of mixers restrict the transparency to do its work of tracing coins if ever there is a transaction made to pay for the crime or used as money laundering.

We all know that things are neutral they don't have evil minds and have no self control to do crimes.  It all goes down to the person and how he used that thing.  While Bitcoin is being used to launder money, Bitcoin is also used to save lives by funding charities that support and maintain the lives of our less fortunate neighbors.

[qwertyup23]

Bitcoin isn't inherently a privacy coin; rather, it stands as a genuinely decentralized cryptocurrency. Your level of privacy is determined by the measures you take to safeguard it, given that Bitcoin transactions are publicly accessible. If I possess your specific Bitcoin address, I can still trace your activities. Bitcoin's objective is to establish a decentralized payment system, eliminating the need for third-party intermediaries.

I do think that when most people have understood on how to utilize BTC, they somehow used it as a currency under the dark web in which it gained its popularity negatively. Sure, BTC may have the aspects of decentralization and its other effects may provide anonymity but its effects are more than that.

Bitcoin has nothing to do with crime

The decentralized nature of the technology is making people use it for criminal activities. Since the coin is decentralized, nobody knows and control your funds. No currency support crime but it is the criminals use them to commit their crime. Bitcoin came and see crime so nothing can be done to bypass that angle of the bitcoin activities. Crime is not written on the forehead of the criminals so they use it to execute there plans and transfer their money from the victims account to there wallet.

During that time, people were unaware of its true potential when you can definitely utilize it in a more efficient way. It just so happened that they were able to take advantage of one aspect in which it became the focal point of media. I just find it very unfortunate that media capitalized on this idea, thus increasing the stigma that BTC had been used for criminal activities.

[Agbe]

I just find it very unfortunate that media capitalized on this idea, thus increasing the stigma that BTC had been used for criminal activities.

anyone that so saying that bitcoin has been used for criminal activities so bitcoin is for criminal purpose, lack the reason of creating bitcoin and also don't know the uses of bitcoin and he is even confused about bitcoin so he need extra moral classes on bitcoin so he can develop the understanding of bitcoin and can talk about in anywhere. I have heard people saying that bitcoin is meant for criminal activities. They don't even know anything about bitcoin.

[serveria.com]

Because of bitcoin does not give public details of people who make transaction with it, some people do say it promote crime. People needs to understand one of the features of bitcoin is freedom that anybody can get access to it, it does not discriminate.  The privacy features of bitcoin is very important to humanity,  which I know one of its advantage is for safety by using cryptography that makes all transactions safe and encrypted.

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private.  Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

Anonymity and privacy is not a crime! Although Bitcoin is only quasi-anonymous and transactions could be traced down to an exchange account/address for example. There are some ways to avoid detection though by using Bitcoin mixers, Tor and DEX exchanges. Everybody should have a right to stay anonymous.

[Sakanwa]

I just find it very unfortunate that media capitalized on this idea, thus increasing the stigma that BTC had been used for criminal activities.

anyone that so saying that bitcoin has been used for criminal activities so bitcoin is for criminal purpose, lack the reason of creating bitcoin and also don't know the uses of bitcoin and he is even confused about bitcoin so he need extra moral classes on bitcoin so he can develop the understanding of bitcoin and can talk about in anywhere. I have heard people saying that bitcoin is meant for criminal activities. They don't even know anything about bitcoin.

Illiteracy and ignorance make people say what ever they like about Crypto,it is normal for them to express the feelings about it but not to talk I'll about it because this is what has really made some many people live bouyantly.I wish they understood that Bitcoin is not related to crime in any way,it is a legit and legal way of making money through investment,either long term or short term.This question of whether Bitcoin is crime related was asked by someone I know sometimes ago,and it only takes time for you to explain in details what it's all about before they will believe you.But if they don't believe after explanation,then there is nothing to worry about because you owe no one explanation.
One will wonder what the activities in bitcoin are that gives them the money,but it is left for you to tell them the things one does that makes the money available which also gives them and edge over other financial sources.

[erep]

Illiteracy and ignorance make people say what ever they like about Crypto,it is normal for them to express the feelings about it but not to talk I'll about it because this is what has really made some many people live bouyantly.I wish they understood that Bitcoin is not related to crime in any way,it is a legit and legal way of making money through investment,either long term or short term.This question of whether Bitcoin is crime related was asked by someone I know sometimes ago,and it only takes time for you to explain in details what it's all about before they will believe you.But if they don't believe after explanation,then there is nothing to worry about because you owe no one explanation.
One will wonder what the activities in bitcoin are that gives them the money,but it is left for you to tell them the things one does that makes the money available which also gives them and edge over other financial sources.

I agree with you, the main factor is that bitcoin is legal under regulation in several countries and if the impact of bitcoin can be dark activities to launder money or opportunities to commit criminal acts then of course regulation of the use of bitcoin will not be legalized in developed countries, so that explanation should have been enough to explain to them that they have a negative opinion against the use of bitcoin, if they don't accept our explanation then there will be no problem and everyone generally knows the use of bitcoin is not for criminal acts under any circumstances.

[serjent05]

Because of bitcoin does not give public details of people who make transaction with it, some people do say it promote crime. People needs to understand one of the features of bitcoin is freedom that anybody can get access to it, it does not discriminate.  The privacy features of bitcoin is very important to humanity,  which I know one of its advantage is for safety by using cryptography that makes all transactions safe and encrypted.

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private.  Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

Anonymity and privacy is not a crime! Although Bitcoin is only quasi-anonymous and transactions could be traced down to an exchange account/address for example. There are some ways to avoid detection though by using Bitcoin mixers, Tor and DEX exchanges. Everybody should have a right to stay anonymous.

It will only become a crime if it is used to evade taxes but still, it is not the problem of the feature of Bitcoin, it is the problem done by the person using Bitcoin to evade taxation. 

I just find it very unfortunate that media capitalized on this idea, thus increasing the stigma that BTC had been used for criminal activities.

anyone that so saying that bitcoin has been used for criminal activities so bitcoin is for criminal purpose, lack the reason of creating bitcoin and also don't know the uses of bitcoin and he is even confused about bitcoin so he need extra moral classes on bitcoin so he can develop the understanding of bitcoin and can talk about in anywhere. I have heard people saying that bitcoin is meant for criminal activities. They don't even know anything about bitcoin.

Illiteracy and ignorance make people say what ever they like about Crypto,it is normal for them to express the feelings about it but not to talk I'll about it because this is what has really made some many people live bouyantly.I wish they understood that Bitcoin is not related to crime in any way,it is a legit and legal way of making money through investment,either long term or short term.This question of whether Bitcoin is crime related was asked by someone I know sometimes ago,and it only takes time for you to explain in details what it's all about before they will believe you.But if they don't believe after explanation,then there is nothing to worry about because you owe no one explanation.
One will wonder what the activities in bitcoin are that gives them the money,but it is left for you to tell them the things one does that makes the money available which also gives them and edge over other financial sources.

Not only Illiteracy but mostly those who wanted to demerit Bitcoin has their own agenda and wanted to stop Bitcoin from growing.  They are probably more knowledgeable than us when it comes to Bitcoin understanding, the reason why they can easily twist facts and promote misinformation to the masses.  Illiterate people will not come up of something and say it, they will just listen to others and make a rumours about it.

[Vaskiy]

Because of bitcoin does not give public details of people who make transaction with it, some people do say it promote crime. People needs to understand one of the features of bitcoin is freedom that anybody can get access to it, it does not discriminate.  The privacy features of bitcoin is very important to humanity,  which I know one of its advantage is for safety by using cryptography that makes all transactions safe and encrypted.

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private.  Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

Anonymity and privacy is not a crime! Although Bitcoin is only quasi-anonymous and transactions could be traced down to an exchange account/address for example. There are some ways to avoid detection though by using Bitcoin mixers, Tor and DEX exchanges. Everybody should have a right to stay anonymous.

Whether they prefer to stay anonymous or not is upto the user. We shouldn't involve into it. As said it is possible to trace out transactions as it is possible to differentiate exchange addresses from the Dex and other wallets. This gives the access and if the transaction is made to an exchange it is an easy task for them as most of the exchanges needs complete KYC to use their platform. Crime getting connected with bitcoin is to destroy the growth of bitcoin. We were able to see a big number of crimes happening around and those were just crimes and shouldn't be connected with bitcoin or other cryptocurrencies.

[Iron Fist]

As said it is possible to trace out transactions as it is possible to differentiate exchange addresses from the Dex and other wallets. This gives the access and if the transaction is made to an exchange it is an easy task for them as most of the exchanges needs complete KYC to use their platform.

I noticed that you mentioned DEX and KYC requirements. DEX stands for Decentralized Exchanges, as far as I know. KYC is mostly associated with centralized exchanges and other services, like casinos.

[Asuspawer09]

Because of bitcoin does not give public details of people who make transaction with it, some people do say it promote crime. People needs to understand one of the features of bitcoin is freedom that anybody can get access to it, it does not discriminate.  The privacy features of bitcoin is very important to humanity,  which I know one of its advantage is for safety by using cryptography that makes all transactions safe and encrypted.

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private.  Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

Sure Bitcoin has nothing to do with the crime that's for sure, I mean yes bitcoin has been used or related to the illegal transaction but that doesn't really mean Bitcoin is related or something illegal or it is something that is a scam. Bitcoin in its nature just is decentralized which anyone can use and take advantage of that as well as having an anonymous transaction which is probably why it is getting connected to laundering or illegal transactions.

I don't believe its promotes crime at all, that statement doesn't really make any sense at all, It's just how the structure of Bitcoin works, and yes you can use it on any transaction, which is just similar to fiat money, Does fiat promote crimes? I don't think so, it is just a tool that you can use as well and can be used as well on illegal transactions or crimes beside it is really used on a lot of crimes. So I completely agree with you that Bitcoin is just for everyone but its not a reason for a crime.

[gabbie2010]

However, we can't stop people give their own opinion about what they've seen and heard in different social media platforms regarding about bad news in scamming scenarios that happened using cryptocurrency as a bait. We should expect the instant discrimination of cryptocurrency from the people who don't know how Bitcoin and Blockchain works.

It was their opinion and I respect that but that is wrong. We have correct them as early as possible in order to stop spreading false information and would stop confusion. Indeed, Bitcoin has nothing to do with the crime but people make it as a tool to promote criminalities and fraud, it was the tool for the success of their evil plan and so many people hated Bitcoin. They need education, they need clarification about Bitcoin and so these speculations spreading around will be over otherwise, we still hear negative things about Bitcoin.

It's a pity that some people use Bitcoin to perpetuate crime because of it anonymity thus trying to tarnish it image and paint Bitcoin in a bad light, however even fiat and other payment gateways are also used to commit crime yet no one complain about it, I think there should be a massive awareness of Bitcoin to clear the doubt of many people who think it is the only tool used by criminals and I am aware that no individual or organization can exchange a huge amount of Bitcoin to fiat without KYC I think this measure will scrutinized those people who intended to commit crime with Bitcoin particularly those who laundered Bitcoin for their nefarious activities.

[xSkylarx]

Because of bitcoin does not give public details of people who make transaction with it, some people do say it promote crime. People needs to understand one of the features of bitcoin is freedom that anybody can get access to it, it does not discriminate.  The privacy features of bitcoin is very important to humanity,  which I know one of its advantage is for safety by using cryptography that makes all transactions safe and encrypted.

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private.  Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

Anonymity and privacy is not a crime! Although Bitcoin is only quasi-anonymous and transactions could be traced down to an exchange account/address for example. There are some ways to avoid detection though by using Bitcoin mixers, Tor and DEX exchanges. Everybody should have a right to stay anonymous.

Whether they prefer to stay anonymous or not is upto the user. We shouldn't involve into it. As said it is possible to trace out transactions as it is possible to differentiate exchange addresses from the Dex and other wallets. This gives the access and if the transaction is made to an exchange it is an easy task for them as most of the exchanges needs complete KYC to use their platform. Crime getting connected with bitcoin is to destroy the growth of bitcoin. We were able to see a big number of crimes happening around and those were just crimes and shouldn't be connected with bitcoin or other cryptocurrencies.

It is not completely anonymous if you use an exchange; you are correct; as long as you exchanged that Bitcoin in an exchange, you will be tracked, even if you deposited on that. Though those criminals are somewhat smart, others use fake identities or buy others identities, which we know is rampant just to do illegal things. They are really using Bitcoin as it is fast and easily tracked by them.

[goldkingcoiner]

Because of bitcoin does not give public details of people who make transaction with it, some people do say it promote crime. People needs to understand one of the features of bitcoin is freedom that anybody can get access to it, it does not discriminate.  The privacy features of bitcoin is very important to humanity,  which I know one of its advantage is for safety by using cryptography that makes all transactions safe and encrypted.

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private.  Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

People seem to confuse the word privacy with the word anonymous. Bitcoin is private, but not anonymous. If criminals wanted to stay anonymous, they would not use a money which is based on a system of public ledger. They would use a coin like Monero, or an even more anonymous money: fiat. That's right, paper cash is the preferred choice for criminals. I guess that is why politicians love fiat so much. 

With Bitcoin, or even Monero, people have to buy it through a centralized platform (cryptocurrency exchange website), which not only demands your identity information but also gives the government data about your transactions. It is possible to buy coins anonymously but why go through the trouble when a easily corruptible and untraceable money like fiat exists?

The only people who like to equate Bitcoin with criminal money are the ones who are bitter about losing control over peoples money. Because that is the main point of Bitcoin: To give the people full control over their money. So that nobody, not even the government, can take their money away from them.

[Texac]

However, we can't stop people give their own opinion about what they've seen and heard in different social media platforms regarding about bad news in scamming scenarios that happened using cryptocurrency as a bait. We should expect the instant discrimination of cryptocurrency from the people who don't know how Bitcoin and Blockchain works.

It was their opinion and I respect that but that is wrong. We have correct them as early as possible in order to stop spreading false information and would stop confusion. Indeed, Bitcoin has nothing to do with the crime but people make it as a tool to promote criminalities and fraud, it was the tool for the success of their evil plan and so many people hated Bitcoin. They need education, they need clarification about Bitcoin and so these speculations spreading around will be over otherwise, we still hear negative things about Bitcoin.

It's a pity that some people use Bitcoin to perpetuate crime because of it anonymity thus trying to tarnish it image and paint Bitcoin in a bad light, however even fiat and other payment gateways are also used to commit crime yet no one complain about it, I think there should be a massive awareness of Bitcoin to clear the doubt of many people who think it is the only tool used by criminals and I am aware that no individual or organization can exchange a huge amount of Bitcoin to fiat without KYC I think this measure will scrutinized those people who intended to commit crime with Bitcoin particularly those who laundered Bitcoin for their nefarious activities.

In my opinion, the ones to blame for letting criminals continue to operate are the government rather than just blaming bitcoin or any other tool.  it seems that the people who are propagating bitcoin regarding crime are the government, as they failed to stop the criminals and now they make excuses to blame bitcoin and cover up their failure.

I don't mind criminals using bitcoin because it's just a tool and no one can ban others from using it.  but I would feel ashamed for the government and those who are slandering bitcoin because they failed to stop the criminals.

[Xampeuu]

I just find it very unfortunate that media capitalized on this idea, thus increasing the stigma that BTC had been used for criminal activities.

anyone that so saying that bitcoin has been used for criminal activities so bitcoin is for criminal purpose, lack the reason of creating bitcoin and also don't know the uses of bitcoin and he is even confused about bitcoin so he need extra moral classes on bitcoin so he can develop the understanding of bitcoin and can talk about in anywhere. I have heard people saying that bitcoin is meant for criminal activities. They don't even know anything about bitcoin.

Actually, for money laundering or for black market actions, everything can be traced, because in the end they will convert it to fiat, and many exchanges are currently required to do KYC. indeed from the start it was debated that bitcoin has a negative side, so the government is still considering it, until now even the regulations are not clear, and in this case for bitcoiners it is of course difficult to take legal action if there is a criminal action against their assets. but this is something that naturally happens, because wherever there are pros and cons there will always be actions

[retreat]

Because of bitcoin does not give public details of people who make transaction with it, some people do say it promote crime. People needs to understand one of the features of bitcoin is freedom that anybody can get access to it, it does not discriminate.  The privacy features of bitcoin is very important to humanity,  which I know one of its advantage is for safety by using cryptography that makes all transactions safe and encrypted.

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private.  Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

I'm still amazed to see people who say that Bitcoin is related to crime and actually it is a digital asset that was deliberately created for crime. Their baseless claim is just to make the banking product much better than Bitcoin, when in fact the banking product is no better than Bitcoin.
Now is the modern era, where people are much smarter. Their unfounded claims will be dismissed as passing wind. Because indeed people see that Bitcoin really helps them for transactions and it is true that it offers security and speed which is not offered by banks, and that will break their baseless claims.

[Agbe]

Actually, for money laundering or for black market actions, everything can be traced, because in the end they will convert it to fiat, and many exchanges are currently required to do KYC. indeed from the start it was debated that bitcoin has a negative side, so the government is still considering it, until now even the regulations are not clear, and in this case for bitcoiners it is of course difficult to take legal action if there is a criminal action against their assets. but this is something that naturally happens, because wherever there are pros and cons there will always be actions

With the decentralized nature of bitcoin, I don't think bitcoin can be traced. The movement from the open source wallet to the exchange platform before converting it to fiat will be cumbersome. And some launders would used per to per straight from the open source wallet and you don't know who own the wallet because there is no name attached to the wallet and that make it anonymity decentralized out of authority control. And regulation affact only exchanges. Money launders use p2p than using exchange.

[Outhue]

It's a free world, peoples opinion doesn't matter if they don't understand what they are saying, I've heard a lot about Bitcoin been used as funding terrorism but no one shows proof of transactions that terrorists used Bitcoin to purchase any weapon, and that's because Bitcoin transactions are not hidden, they are traceable, any terrorist that use Bitcoin for this sick cause is an idiotic act, he will be caught.

Knife was created to cut meat and things, if you use it to kill human it's your fault, somethings are created for human use and it's possible that same humans will use that thing for bad things, I can't think about anything created with good intent of the mind that hasn't been used for bad activities before.

Bitcoin transactions are transparent, you can't get away with crime using Bitcoin, it's a fact.

[Nrcewker]

Be it Bitcoins or Fiat, we can’t stop a criminal mind. These criminals are now becoming more smart that they choosing Bitcoins to use the scams. But now if people make Bitcoins liable for this, then it’s not fair. Earlier also there used to be crime, when Bitcoins were not invented, at that time we just overlooking the crimes, now if you just make everything liable through Bitcoins, then what about the normal investors who are making money through this. Considering Bitcoin as criminal asset is really bad.

[Blitzboy]

It's a free world, peoples opinion doesn't matter if they don't understand what they are saying, I've heard a lot about Bitcoin been used as funding terrorism but no one shows proof of transactions that terrorists used Bitcoin to purchase any weapon, and that's because Bitcoin transactions are not hidden, they are traceable, any terrorist that use Bitcoin for this sick cause is an idiotic act, he will be caught.

Knife was created to cut meat and things, if you use it to kill human it's your fault, somethings are created for human use and it's possible that same humans will use that thing for bad things, I can't think about anything created with good intent of the mind that hasn't been used for bad activities before.

Bitcoin transactions are transparent, you can't get away with crime using Bitcoin, it's a fact.

Since its creation, Bitcoin has been the target of relentless criticism from those who have little to no technical knowledge of how it operates. Really, its ridiculous. I'd dare anyone who makes the foolish notion that Bitcoin is a haven for crime to provide one - just ONE - example of how Bitcoin has actually been used successfully for terrorism without suffering any consequences.

Do we outlaw knives because one was deliberately used? No! Not the tool, but the person is to fault. And now, for those misinformed critics, a wake-up call: One of the WORST alternatives for thieves is Bitcoin due to the transparency of its blockchain. They are so ignorant that they have the audacity to believe they might commit a crime without it being recorded on a permanent, immutable ledger

[siedemtrzy]

Be it Bitcoins or Fiat, we can’t stop a criminal mind. These criminals are now becoming more smart that they choosing Bitcoins to use the scams. But now if people make Bitcoins liable for this, then it’s not fair. Earlier also there used to be crime, when Bitcoins were not invented, at that time we just overlooking the crimes, now if you just make everything liable through Bitcoins, then what about the normal investors who are making money through this. Considering Bitcoin as criminal asset is really bad.

Well, BTC is used not just to scam people, but also to buy illegal stuff and even scarier stuff. But fiat is used as well, it's truly not about Bitcoin or fiat. Everything can be used wrong in bad hands.

[romero121]

During the starting days it is possible to see good volume of circulation happening around. Majority of the circulation is happened in supporting for gambling and other forms of investment. People always make choice on the amount invested, and the increased usage of bitcoin in gambling, money laundering and other few incidents made people consider bitcoin as a source for crime. This could change and now with the awareness more changes have happened.

[ololajulo]

Bitcoin's privacy features often do not align with misconceptions people have about its anonymity. Interestingly, the shortcomings in this aspect have spurred the development of enhanced privacy coins, which ironically are occasionally overlooked when discussing the matter. This situation has even raised concerns for national security, as these coins can be exploited for illicit activities, predominantly by advanced hackers and cybercriminals.

[yazher]

They were just against bitcoins in the first place that's why when they see some opportunity when bitcoins are used as props in a Ponzi scheme scam, they will highlight the name bitcoins so that whoever watches the news will think the headlines were all against bitcoins and sometimes they won't just clear the name bitcoins because that was their intent, they want to destroy its name because most likely the banks paid them to do so. Wrong information is always shown by the media and we need to consider clearing Bitcoin names for our friends and families because we are not only giving them the opportunity to save their money but also preventing them from becoming victims of the real scammers.

[Razmirraz]

It's a pity that some people use Bitcoin to perpetuate crime because of it anonymity thus trying to tarnish it image and paint Bitcoin in a bad light, however even fiat and other payment gateways are also used to commit crime yet no one complain about it, I think there should be a massive awareness of Bitcoin to clear the doubt of many people who think it is the only tool used by criminals and I am aware that no individual or organization can exchange a huge amount of Bitcoin to fiat without KYC I think this measure will scrutinized those people who intended to commit crime with Bitcoin particularly those who laundered Bitcoin for their nefarious activities.

Well, using Bitcoin in a field that is not praised by a group of irresponsible people will make Bitcoin image a little tarnished. I admit anyone can have Bitcoin and there is no limit for anyone who wants to collect as much Bitcoin as he wants, including people who do business in the underworld.
the anonymity that is very tight with Bitcoin makes them able to control the business easily, but who can stop or prevent them from involving Bitcoin in their business. Bitcoin is still Bitcoin, it has nothing to do with crime.

[WatChe]

using Bitcoin in a field that is not praised by a group of irresponsible people will make Bitcoin image a little tarnished. I admit anyone can have Bitcoin and there is no limit for anyone who wants to collect as much Bitcoin as he wants, including people who do business in the underworld.
the anonymity that is very tight with Bitcoin makes them able to control the business easily, but who can stop or prevent them from involving Bitcoin in their business. Bitcoin is still Bitcoin, it has nothing to do with crime.

Every technology is like a double edge sword, has both good and bad usages. Even today most of crimes are done using fiat currency that is very much centralized. Bitcoin like other inventions has both good and bad usage. We can't label bitcoin as a method of payment that promotes or facilitates crime since crime in the world is centuries old and will continue even without bitcoin.

[laurenB7742]

using Bitcoin in a field that is not praised by a group of irresponsible people will make Bitcoin image a little tarnished. I admit anyone can have Bitcoin and there is no limit for anyone who wants to collect as much Bitcoin as he wants, including people who do business in the underworld.
the anonymity that is very tight with Bitcoin makes them able to control the business easily, but who can stop or prevent them from involving Bitcoin in their business. Bitcoin is still Bitcoin, it has nothing to do with crime.

Every technology is like a double edge sword, has both good and bad usages. Even today most of crimes are done using fiat currency that is very much centralized. Bitcoin like other inventions has both good and bad usage. We can't label bitcoin as a method of payment that promotes or facilitates crime since crime in the world is centuries old and will continue even without bitcoin.

To be precise, bitcoin is just a currency created by Satoshi with the aim of providing us with a better payment method than the fiat currency. The difference between both is centralized currency and decentralized currency. And whether we use them for good or bad is up to each of us, we cannot blame bitcoin or fiat. Those who are saying that bitcoin is related to crime are stupid, uneducated people, they get jealous seeing bitcoin perform better and hate it.

[isaac_clarke22]

using Bitcoin in a field that is not praised by a group of irresponsible people will make Bitcoin image a little tarnished. I admit anyone can have Bitcoin and there is no limit for anyone who wants to collect as much Bitcoin as he wants, including people who do business in the underworld.
the anonymity that is very tight with Bitcoin makes them able to control the business easily, but who can stop or prevent them from involving Bitcoin in their business. Bitcoin is still Bitcoin, it has nothing to do with crime.

Every technology is like a double edge sword, has both good and bad usages. Even today most of crimes are done using fiat currency that is very much centralized. Bitcoin like other inventions has both good and bad usage. We can't label bitcoin as a method of payment that promotes or facilitates crime since crime in the world is centuries old and will continue even without bitcoin.

To start off anyway, Bitcoin was never meant to launder money or encourage illegal activities otherwise every single country in the globe would have yeeted Bitcoin already. People just gave it a meaning because of how discreet you can be in using it like just because you don't want the government to oversee what you're doing doesn't mean that you're up to no good.

Of course there were still some illegal stuffs happening using it, but come on, even fiat currency are being used to those kinds of stuffs.

[doomloop]

Actually, for money laundering or for black market actions, everything can be traced, because in the end they will convert it to fiat, and many exchanges are currently required to do KYC. indeed from the start it was debated that bitcoin has a negative side, so the government is still considering it, until now even the regulations are not clear, and in this case for bitcoiners it is of course difficult to take legal action if there is a criminal action against their assets. but this is something that naturally happens, because wherever there are pros and cons there will always be actions

With the decentralized nature of bitcoin, I don't think bitcoin can be traced. The movement from the open source wallet to the exchange platform before converting it to fiat will be cumbersome. And some launders would used per to per straight from the open source wallet and you don't know who own the wallet because there is no name attached to the wallet and that make it anonymity decentralized out of authority control. And regulation affact only exchanges. Money launders use p2p than using exchange.

Well, tracing is not really impossible even if a person is using a decentralized P2P service for converting the Bitcoins to their local currency, the authorities can trace the Bitcoins that are sent from the launderer to the P2P merchant and they can get to the merchant to inquire who they sent the money to for that specific transaction and when they check the bank account or any account used to receive the money, that will trace back to the launderer.

However, none of that actually makes Bitcoin a bad thing, even if criminals use it or money launderers launder money using it, it's just a currency and it is not to be blamed for those crimes. As everyone already said, crimes were there even when Bitcoin was not created, so that should make every currency a criminal currency.

[zaim7413]

So this is why Satoshi has never shown his real identity (Anonymous), he has foreseen the possible causation that could occur if everyone who transacts using Bitcoin provides public details. Yes, I agree Bitcoin has nothing to do with crime, but it is crime that targets Bitcoin users if the person making the transaction provides public details.

The standard nature of Bitcoin depends on its users, Bitcoin can be an investment medium if users want to invest, Bitcoin can also be a medium for exchanging goods and services if users use Bitcoin as a transaction tool. Bitcoin users must be more careful in publishing their assets on social media because it can invite crime to come to them, publishing assets held through social media is the same as opening their identity to the public.

[Alpha Marine]

Blaming Bitcoin for crimes is like blaming the internet for crimes committed with the internet. It's like blaming the kitchen knife that was used to commit a murder. It just doesn't make sense.
Crimes were committed before the emergence of the internet, talk more of before Bitcoin.

People have used every single thing you can think of to commit crimes. Religion, political position, government appointment, financial status, fame, technology, just think of anything at all and you'll see that that thing has been used or are been used to commit a crime one way or the other. So the argument of "Bitcoin promotes crime" is dead on arrival.

[bluebit25]

Blaming Bitcoin for crimes is like blaming the internet for crimes committed with the internet. It's like blaming the kitchen knife that was used to commit a murder. It just doesn't make sense.
Crimes were committed before the emergence of the internet, talk more of before Bitcoin.

People have used every single thing you can think of to commit crimes. Religion, political position, government appointment, financial status, fame, technology, just think of anything at all and you'll see that that thing has been used or are been used to commit a crime one way or the other. So the argument of "Bitcoin promotes crime" is dead on arrival.

It simply provides us with choices, and it's up to our behavior to do what. Similar to your mention about the knife, I know that it was originally found to be used for easier cutting purposes but those who use it as a weapon to kill others are due to the behavior itself their own, and the conclusion is like a knife used to cause harm. Sometimes in life many people refuse to look directly at the truth but prefer to blame roundabouts for things that they themselves are the cause of. BTC brings equality that everyone can access and the results they create themselves, so calling it a place of many criminals is just an act of judging the force of laughter of those who only see it with limited knowledge narrow self.
We are here who need to clarify the truth and aim for the positive, seeing the things bitcoin brings in life is something that over time for people to approach and acknowledge it.

[pinggoki]

Bitcoin isn't inherently a privacy coin; rather, it stands as a genuinely decentralized cryptocurrency. Your level of privacy is determined by the measures you take to safeguard it, given that Bitcoin transactions are publicly accessible. If I possess your specific Bitcoin address, I can still trace your activities. Bitcoin's objective is to establish a decentralized payment system, eliminating the need for third-party intermediaries.

That's what makes bitcoin a stand out among the pile of shitcoins and competing cryptocurrency out there, it protects you but at the same time is flexible enough that you can still find the culprit if they use bitcoin as one of their implements to commit a crime. I like the idea of bitcoin being neutral but I also don't want criminals to use this to be able to get away with their crimes, it just seems so unfair and I believe that any crimes should be punished in a just manner but I do agree that it's not bitcoin we should blame because it's not the problem, the real problem is the incompetence of the cybercrime policing around the globe, they should already know that technology is innovating fast so they should never stop learning about the new ways that someone can commit crimes online.

[Zoomic]

Blaming Bitcoin for crimes is like blaming the internet for crimes committed with the internet. It's like blaming the kitchen knife that was used to commit a murder. It just doesn't make sense.
Crimes were committed before the emergence of the internet, talk more of before Bitcoin.

People have used every single thing you can think of to commit crimes. Religion, political position, government appointment, financial status, fame, technology, just think of anything at all and you'll see that that thing has been used or are been used to commit a crime one way or the other. So the argument of "Bitcoin promotes crime" is dead on arrival.

You have spoken very well about this topic. Bitcoin I know is not about crime, but you cannot stop anyone from using the Bitcoin and the Bitcoin network. And that is the reason why criminals have found a way to use it and they are using it. It is now left for government to find another way to stop the criminals using the bitcoin to commit crime. Not necessarily using it to commit crime but as a means of payment for crime.

There are several other means whereby criminals actualize their aims, but why that of Bitcoin is so popular is because it is a new technology which the government has never find an accurate way to deal with the criminals using it. And again the government is in fight against bitcoin. So they are looking for any reason to bring it down.

[Magic-Money]

The world is gradually process of getting into technology where many things will be limited and transparent, which Bitcoin has created to solve the problem and to reduce the high level of crime in the society for lack of integrity, when it comes for financial sector or service Bitcoin is more reliable and transparent and having said that, Bitcoin has nothing to do with any crime.

[Blitzboy]

Blaming Bitcoin for crimes is like blaming the internet for crimes committed with the internet. It's like blaming the kitchen knife that was used to commit a murder. It just doesn't make sense.
Crimes were committed before the emergence of the internet, talk more of before Bitcoin.

People have used every single thing you can think of to commit crimes. Religion, political position, government appointment, financial status, fame, technology, just think of anything at all and you'll see that that thing has been used or are been used to commit a crime one way or the other. So the argument of "Bitcoin promotes crime" is dead on arrival.

You have spoken very well about this topic. Bitcoin I know is not about crime, but you cannot stop anyone from using the Bitcoin and the Bitcoin network. And that is the reason why criminals have found a way to use it and they are using it. It is now left for government to find another way to stop the criminals using the bitcoin to commit crime. Not necessarily using it to commit crime but as a means of payment for crime.

There are several other means whereby criminals actualize their aims, but why that of Bitcoin is so popular is because it is a new technology which the government has never find an accurate way to deal with the criminals using it. And again the government is in fight against bitcoin. So they are looking for any reason to bring it down.

When the printing press was initially created, it was referred to as the devil's tool and was charged with spreading hysteria. In its early years, the internet was thought to be a haven for criminals. Bitcoin now displays a cross. But lets be clear about one thing: Bitcoin itself is not the issue. It is a reflection of the cosmos in all its erratic, chaotic beauty. If you see it as evil, perhaps the problem is not with the mirror, but with the person looking at it.

Governments have always had a hard time keeping up with new technical developments. Anything they cannot effectively manage or tax poses a threat to them. They would rather characterize Bitcoin as a weapon of criminals than change. Isnt that convenient? How quickly they nonetheless forget the innumerable banking scandals that took place under the trusted cover of regulated fiat currencies! Its the purest form of hypocrisy.

[sokani]

They were just against bitcoins in the first place that's why when they see some opportunity when bitcoins are used as props in a Ponzi scheme scam, they will highlight the name bitcoins so that whoever watches the news will think the headlines were all against bitcoins and sometimes they won't just clear the name bitcoins because that was their intent, they want to destroy its name because most likely the banks paid them to do so. Wrong information is always shown by the media and we need to consider clearing Bitcoin names for our friends and families because we are not only giving them the opportunity to save their money but also preventing them from becoming victims of the real scammers.

You made some sense but just as everyone else scammers are aware of Bitcoin potentiality. It has the capability of making transactions very discreet and untraceable if used properly that's why bad actors like ponzi scheme perpetrators used it in their nefarious activities. If a ponzi was to be operated using fiat and bank accounts are used in receiving funds, there are greater tendencies that the perpetrators would be apprehended. Resorting to bitcoin makes it difficult for the authorities to follow the trail If they do not store or trade the tinted Bitcoin on a CEX or use a coinjoin service to mix it. My point is bad actors use of Bitcoin might not be a deliberate attempt to tarnish the image of the coin, they use Bitcoin because it has the capability of covering their trail.

[GideonGono]

I agree that Bitcoin has nothing to do with crime, it is just being used for it.
I just don't understand why other's would be branded as criminal when they use Bitcoin or crypto even though they haven't done anything illegal.
Yes crypto are being used by criminals but not everyone is using it for illegal purpose.

[posi]

I just don't understand why other's would be branded as criminal when they use Bitcoin or crypto even though they haven't done anything illegal.

I don't see anyone saying this, what I heard is that bitcoin is used a lot by criminals, and hence many people misunderstand that bitcoin encourages crime. And I've never heard anyone say that people who use bitcoins are considered criminals. Elon or many other rich people also use bitcoin, so are they criminals too? that's really funny and bullshit. But anyway, bitcoin doesn't have any relationship with criminals, but we can't stop them from using bitcoin either.

[Japinat]

Whatever that the government cannot take in control of, it will always be considered a tool for crime. And since bitcoin does not give access to the government due to its privacy, the latter will eventually put bitcoin as the source of monetary crime. Just because the government does not favor bitcoin, then automatically it will become unlawful from the eyes of the people without even hearing the side of bitcoin.

Bitcoin is never designed to become a tool for monetary crime. If there’s any, I believe it’s fiat whom majority use it for any types of fraud in order to satisfy their personal greed or desires.

[Ahli38]

They were just against bitcoins in the first place that's why when they see some opportunity when bitcoins are used as props in a Ponzi scheme scam, they will highlight the name bitcoins so that whoever watches the news will think the headlines were all against bitcoins and sometimes they won't just clear the name bitcoins because that was their intent, they want to destroy its name because most likely the banks paid them to do so. Wrong information is always shown by the media and we need to consider clearing Bitcoin names for our friends and families because we are not only giving them the opportunity to save their money but also preventing them from becoming victims of the real scammers.

When a crime occurs using ordinary fiat, what is highlighted is the type of crime and the name of the fiat will not be highlighted at all. But if the crime uses bitcoin then the media will highlight the word bitcoin which is highlighted. Even the funny bits of evildoers seem to be ignored by readers and they instead highlight bitcoin and start badmouthing it. And it seems that it is exactly what you said that basically those who are cynical about bitcoin have been against bitcoin and have not liked it from the start. So when there is positive news involving bitcoin, they will ignore it. but when there is crime and ugliness involving bitcoin, it is as if bitcoin is what they will make a scapegoat for. And they will start spreading it and make it FUD to attack bitcoin. But luckily nowadays people have become smart readers. The proof is that bitcoin adoption continues to grow very quickly. Even now, FUD news seems to be slowly being ignored by crypto and bitcoin users.

[Streamz]

Nothing has anything to do with crime till it's brought in. As you know money has nothing to do with crime except it's brought in by any of the parties. Murder is a crime as well as suicide and cyber-bullying. We have many crimes that occur and has nothing to do with even money but if one decides to give any form of appreciation for the crime doesn't make that media of appreciation a crime or whatever I'd say it's better we all know that, tagging Bitcoin as something that promotes crime is literally unfounded and baseless. If you do that then the fiat note currency we use is also a crime source. Let's get it right!

[flyingcarpet]

They were just against bitcoins in the first place that's why when they see some opportunity when bitcoins are used as props in a Ponzi scheme scam, they will highlight the name bitcoins so that whoever watches the news will think the headlines were all against bitcoins and sometimes they won't just clear the name bitcoins because that was their intent, they want to destroy its name because most likely the banks paid them to do so. Wrong information is always shown by the media and we need to consider clearing Bitcoin names for our friends and families because we are not only giving them the opportunity to save their money but also preventing them from becoming victims of the real scammers.

When a crime occurs using ordinary fiat, what is highlighted is the type of crime and the name of the fiat will not be highlighted at all. But if the crime uses bitcoin then the media will highlight the word bitcoin which is highlighted. Even the funny bits of evildoers seem to be ignored by readers and they instead highlight bitcoin and start badmouthing it. And it seems that it is exactly what you said that basically those who are cynical about bitcoin have been against bitcoin and have not liked it from the start. So when there is positive news involving bitcoin, they will ignore it. but when there is crime and ugliness involving bitcoin, it is as if bitcoin is what they will make a scapegoat for. And they will start spreading it and make it FUD to attack bitcoin. But luckily nowadays people have become smart readers. The proof is that bitcoin adoption continues to grow very quickly. Even now, FUD news seems to be slowly being ignored by crypto and bitcoin users.

There is always the possibility of such news being made. Does anyone believe the news on the news channels these days? No one even watches the news, except for the elderly, who are not very interested in technology. Bitcoin has passed the period of being affected by such bad news.

I think the importance of celebrities and famous companies investing in Bitcoin is huge. Bitcoin investors can defend Bitcoin in the face of bad news about Bitcoin. There are Bitcoin investors from all walks of society. Therefore, we should not worry about bad news about bitcoin. Bitcoin has proven itself.

[Victorik]

Before the Advent of cryptocurrency and Bitcoin there has been crime, so it has nothing to do with BTC. There have been cyber fraud way before BTC was birthed, so why would one now be attributing crime to BTC. This is just one way of painting BTC in bad light.

[Hypnosis00]

Before the Advent of cryptocurrency and Bitcoin there has been crime, so it has nothing to do with BTC. There have been cyber fraud way before BTC was birthed, so why would one now be attributing crime to BTC. This is just one way of painting BTC in bad light.

Not totally it paints bad but we know that some people had used Bitcoin as a medium for their illegal activities and fraud which the authorities assume was solely created for this stuff and to promote crimes. There is a misunderstanding about how it works because what it is in their minds is that they consider Bitcoin a threat to the security system where it increases crime rates and fraud activities as they have caught some people using this. Though we can't agree on how they would asses Bitcoin, we still know and are aware that it really happened.

[famososMuertos]

Privacy is a right, and it belongs to everyone, that includes criminals, it is a fact. But, e.g., weapons kill, then, having one does not make you a murderer, it is a strong comparison, but... come on! we are already at the limits to continued hear this old premise against bitcoin.

Anyway, if you do not have good arguments, usually someone who opposes the idea of bitcoin says, that the criminals use bitcoin.

[karabiber]

If you are a malicious person, you can use Bitcoin to commit crimes. This means that intent is one of the important things that determines the purpose of a tool. If you stick to the intended use of Bitcoin and adopt its philosophy you will understand the importance of monetary movements and transparency in the economy. In an environment where transparency is at the forefront, it will be very easy for you to be caught even if you are involved in crime.
Everyone has a smartphone these days and just because we have a smartphone, that doesn't make us guilty. What we use the phone for is the most important factor that determines the crime. Therefore you will not be committing a crime for using anything. What determines this is entirely your intention. Bitcoin has nothing to do with crime and is a revolutionary tool that will radically change humanity's relationship with money.

[Natalim]

If you are a malicious person, you can use Bitcoin to commit crimes. This means that intent is one of the important things that determines the purpose of a tool. If you stick to the intended use of Bitcoin and adopt its philosophy you will understand the importance of monetary movements and transparency in the economy. In an environment where transparency is at the forefront, it will be very easy for you to be caught even if you are involved in crime.
Everyone has a smartphone these days and just because we have a smartphone, that doesn't make us guilty. What we use the phone for is the most important factor that determines the crime. Therefore you will not be committing a crime for using anything. What determines this is entirely your intention. Bitcoin has nothing to do with crime and is a revolutionary tool that will radically change humanity's relationship with money.

Yes, it depends on the person for whom it will be used. But it does, some people make use of this technology for illegalities which makes the name Bitcoin become a tool for crime.

These days, many scammers use Bitcoin to scam people and it eventually gains a negative impact and ruins the image of crypto. Many people got caught doing this and so we can't blame others to think that Bitcoin is scam stuff and increase crime because we know that it really happens. Which why the government is trying to control cryptocurrency in order to stop people from committing crimes using this.

[Victorik]

Before the Advent of cryptocurrency and Bitcoin there has been crime, so it has nothing to do with BTC. There have been cyber fraud way before BTC was birthed, so why would one now be attributing crime to BTC. This is just one way of painting BTC in bad light.

Not totally it paints bad but we know that some people had used Bitcoin as a medium for their illegal activities and fraud which the authorities assume was solely created for this stuff and to promote crimes. There is a misunderstanding about how it works because what it is in their minds is that they consider Bitcoin a threat to the security system where it increases crime rates and fraud activities as they have caught some people using this. Though we can't agree on how they would asses Bitcoin, we still know and are aware that it really happened.

I understand the fact that some miscreants have used Bitcoin in their illicit business dealings because they know that it will be difficult to pin it to them. But that shouldn't negate the fact that the technology has also come with a lot of benefits as well.

[Alpha Marine]

How quickly they nonetheless forget the innumerable banking scandals that took place under the trusted cover of regulated fiat currencies! Its the purest form of hypocrisy.

The more you think about this the funnier it becomes. The banking sector is a mess, but the government and regulatory bodies act like everything is fine. People are been ripped off regularly from these institutions but the government does nothing.
Banks are used for money laundering and all sort of crimes but the regulatory bodies don't bother about them.
We can go on all day about the crimes committed with and through the banks. Even the banks themselves defraud people of their money.  It's hypocrisy at its peak.

[anjiitem]

Yes, it depends on the person for whom it will be used. But it does, some people make use of this technology for illegalities which makes the name Bitcoin become a tool for crime.

These days, many scammers use Bitcoin to scam people and it eventually gains a negative impact and ruins the image of crypto. Many people got caught doing this and so we can't blame others to think that Bitcoin is scam stuff and increase crime because we know that it really happens. Which why the government is trying to control cryptocurrency in order to stop people from committing crimes using this.

Yes you're right about that, it cannot be denied that Bitcoin can indeed be used to carry out illegal actions, fraud or certain crimes, it all depends on the person using the Bitcoin.
Bitcoin was not created to support criminal activity in any form, but it is bad people who take advantage of Bitcoin's advantages to commit certain crimes.
Actually, if people can think more critically and more rationally, then they can't just blame Bitcoin. Bitcoin is just a digital currency and only inanimate objects just like fiat, gold and other valuable objects that can be used to carry out illegal actions.

[Bitcoin_people]

There are many people who consider it a crime to trade in bitcoins but mainly because of their lack of knowledge these people say such things. When we complete a transaction through bank or fiat currency we face many kinds of hassles and difficulties. But if we do that work through Bitcoin transaction then it is possible to do it very easily and quickly without any kind of difficulty. Governments of many countries have legalized Bitcoin with the aim of improving their country's economic status and many countries have made Bitcoin transactions illegal. Basically we know Bitcoin transactions never need anyone's access but it works with a privacy. When a person transacts his money he needs privacy but no bank can provide that kind of privacy rather there is risk in doing the transaction. That is why there is never so much risk in investing and trading in Bitcoin and we can easily access one and our transactions are private.

[Blitzboy]

There are many people who consider it a crime to trade in bitcoins but mainly because of their lack of knowledge these people say such things. When we complete a transaction through bank or fiat currency we face many kinds of hassles and difficulties. But if we do that work through Bitcoin transaction then it is possible to do it very easily and quickly without any kind of difficulty. Governments of many countries have legalized Bitcoin with the aim of improving their country's economic status and many countries have made Bitcoin transactions illegal. Basically we know Bitcoin transactions never need anyone's access but it works with a privacy. When a person transacts his money he needs privacy but no bank can provide that kind of privacy rather there is risk in doing the transaction. That is why there is never so much risk in investing and trading in Bitcoin and we can easily access one and our transactions are private.

The people who label Bitcoin as a "crime" are frequently those who are still bound to the very past they claim to understand. Human history has been full of cynicism toward advances. It may be an evolutionary protective mechanism, but it doesn't help us in the age of technology.

Banks? Like feudal castles, their protection and efficiency promises are outmoded. When you use traditional banks, you enter a world of protocols and bureaucrats. However, Bitcoin offers a unique chance to break these chains.

Its normal for governments to switch between acceptance and denial to maintain power. Remember, Bitcoin doesnt need their approval. On its alone, it thrives. Transactions are secure, fast, and private. Those who attack Bitcoin without knowing must develop or fall behind.

[btcchamp88]

bitcoin itself is not a crime, what you do with it can be forbidden, but doesn't have to be

[Saint-loup]

Because of bitcoin does not give public details of people who make transaction with it, some people do say it promote crime. People needs to understand one of the features of bitcoin is freedom that anybody can get access to it, it does not discriminate.  The privacy features of bitcoin is very important to humanity,  which I know one of its advantage is for safety by using cryptography that makes all transactions safe and encrypted.

Privacy in transactions of bitcoin is much important,  if their was no privacy it would have cause several criminal attacks.  For those who think bitcoin encourages crime because of hiding  public data of users don't understand the importance of bitcoin being private.  Before bitcoin  started  existing monetary crime have been existing.  Bitcoin is not a reason for monetary crime,  bitcoin is just for everyone and does not discriminate but accept everyone.

I'm surprised you've received such amount of merits for this post while you don't demonstrate your point. Actually you're even proving the opposite by highlighting its private and anonymous nature while Bitcoin is only pseudonymous actually and highly monitored.
Supporters of free firearms could say the same thing, firearms have nothing to do with crimes because they help honest citizens to defend themselves against criminals. It would be a fallacious argument because one statement doesn't exclude the other one actually. So IMO it's better to stay in good faith by assuming and explaining it without denying it.

[Ahli38]

Before the Advent of cryptocurrency and Bitcoin there has been crime, so it has nothing to do with BTC. There have been cyber fraud way before BTC was birthed, so why would one now be attributing crime to BTC. This is just one way of painting BTC in bad light.

So true. But I'm actually really very sorry because actually I saw several films that are quite famous but in it show that Bitcoin is used as a means of payment on the dark web to pay for a crime. I think films like this can also affect moviegoers who don't have enough knowledge about bitcoin and after they watch the film they will definitely think badly of bitcoin. There are several film titles that show this. But I don't want to mention it because I don't want to disgrace the film. It's just that I really regret that in several films bitcoin transactions are always carried out for criminal acts. Even though they can also balance the image of bitcoin by also showing bitcoin scenes for charitable actions such as donations. Because actually there are quite a lot of people in the real world who donate with Bitcoin.

[OrangeII]

If you are a malicious person, you can use Bitcoin to commit crimes. This means that intent is one of the important things that determines the purpose of a tool.

Yeah. If I am a bad person, then any tool in front of me will be bad, whether it is knife, fiat, bitcoin, or altcoin. As a result, Bitcoin is only used as a scapegoat for bank crimes.

Well, basically, it's not the bitcoins that are evil, it's the people who use them that can use the bitcoins maliciously. If someone thinks like that, then altcoins or even Fiat can be described as a bad thing, because until now so many people use Fiat for bad things. So, I think people who think like that don't really understand bitcoin.

[awik p]

If you are a malicious person, you can use Bitcoin to commit crimes. This means that intent is one of the important things that determines the purpose of a tool.

Yeah. If I am a bad person, then any tool in front of me will be bad, whether it is knife, fiat, bitcoin, or altcoin. As a result, Bitcoin is only used as a scapegoat for bank crimes.

Well, basically, it's not the bitcoins that are evil, it's the people who use them that can use the bitcoins maliciously. If someone thinks like that, then altcoins or even Fiat can be described as a bad thing, because until now so many people use Fiat for bad things. So, I think people who think like that don't really understand bitcoin.

it's true that it depends on the perspective of each person, by taking advantage of the advantages of anonymous bitcoin, so many thoughts about using it are inappropriate, where the gap is used to commit crimes, and this is usually reinforced by the media which always broadcasts the news, so that it is embedded a bad image, even though besides the bad side, of course there is a good side that can help humans in their activities

[Tony116]

If you are a malicious person, you can use Bitcoin to commit crimes. This means that intent is one of the important things that determines the purpose of a tool.

Yeah. If I am a bad person, then any tool in front of me will be bad, whether it is knife, fiat, bitcoin, or altcoin. As a result, Bitcoin is only used as a scapegoat for bank crimes.

Well, basically, it's not the bitcoins that are evil, it's the people who use them that can use the bitcoins maliciously. If someone thinks like that, then altcoins or even Fiat can be described as a bad thing, because until now so many people use Fiat for bad things. So, I think people who think like that don't really understand bitcoin.

To be more precise, bitcoin, fiat or gold...are all just means for us to use and what we use it for is up to our behavior. So in my view bitcoin, fiat or gold are the same, there is no any bad thing and those bad things are man made, man is the source of sin.

With the development of social networking and technology these days, I don't believe they don't understand bitcoin. But maybe they envy the people who got rich on bitcoin, and they are not among them. Or they are already rich but see bitcoin is bringing wealth to too many people in a short time, and they feel it's unfair. So they spread misinformation so more people stay away from it.

[Victorik]

Before the Advent of cryptocurrency and Bitcoin there has been crime, so it has nothing to do with BTC. There have been cyber fraud way before BTC was birthed, so why would one now be attributing crime to BTC. This is just one way of painting BTC in bad light.

So true. But I'm actually really very sorry because actually I saw several films that are quite famous but in it show that Bitcoin is used as a means of payment on the dark web to pay for a crime. I think films like this can also affect moviegoers who don't have enough knowledge about bitcoin and after they watch the film they will definitely think badly of bitcoin. There are several film titles that show this. But I don't want to mention it because I don't want to disgrace the film. It's just that I really regret that in several films bitcoin transactions are always carried out for criminal acts. Even though they can also balance the image of bitcoin by also showing bitcoin scenes for charitable actions such as donations. Because actually there are quite a lot of people in the real world who donate with Bitcoin.

What ever has a merit also has a demerit, and Bitcoin is no exception. It is true, and I have seen first hand how Bitcoin or crypto currency is being used to perpetuate fraud, but that alone is not enough to make us conclude that Bitcoin should be condemn because it is used to commit crime.

There are still some criminals out there without knowledge of Bitcoin and are still committing crimes.

[dunfida]

Before the Advent of cryptocurrency and Bitcoin there has been crime, so it has nothing to do with BTC. There have been cyber fraud way before BTC was birthed, so why would one now be attributing crime to BTC. This is just one way of painting BTC in bad light.

So true. But I'm actually really very sorry because actually I saw several films that are quite famous but in it show that Bitcoin is used as a means of payment on the dark web to pay for a crime. I think films like this can also affect moviegoers who don't have enough knowledge about bitcoin and after they watch the film they will definitely think badly of bitcoin. There are several film titles that show this. But I don't want to mention it because I don't want to disgrace the film. It's just that I really regret that in several films bitcoin transactions are always carried out for criminal acts. Even though they can also balance the image of bitcoin by also showing bitcoin scenes for charitable actions such as donations. Because actually there are quite a lot of people in the real world who donate with Bitcoin.

What ever has a merit also has a demerit, and Bitcoin is no exception. It is true, and I have seen first hand how Bitcoin or crypto currency is being used to perpetuate fraud, but that alone is not enough to make us conclude that Bitcoin should be condemn because it is used to commit crime.

There are still some criminals out there without knowledge of Bitcoin and are still committing crimes.

How about on fiat being used in crimes? Why they arent really putting up some headlines about that? This is really just simply showing that they do really love on attacking Bitcoin specially government whose really that in

behind with these kind of claims and via with those false advertising then it turns out that Bitcoin and dealing with it is never that a good idea or simply that a bad thing.For those newbies around then for sure
they would really be easily getting believed with these kind of claims and false advertisement on which this do really somewhat slows down total adoption but sooner or later on the time those newbies had able to get the right knowledge and awareness about it then they would really be changing up those thoughts and would really be going on the right path.

Government and critics would be always have something to say on things that they dont really want nor like.This is why its not really that shocking that they would really be coming up those words
and making up some emphasis without even trying to look at on how fiat is being used which is not really that exempted in speaking about illegal things.

[Ahli38]

Before the Advent of cryptocurrency and Bitcoin there has been crime, so it has nothing to do with BTC. There have been cyber fraud way before BTC was birthed, so why would one now be attributing crime to BTC. This is just one way of painting BTC in bad light.

So true. But I'm actually really very sorry because actually I saw several films that are quite famous but in it show that Bitcoin is used as a means of payment on the dark web to pay for a crime. I think films like this can also affect moviegoers who don't have enough knowledge about bitcoin and after they watch the film they will definitely think badly of bitcoin. There are several film titles that show this. But I don't want to mention it because I don't want to disgrace the film. It's just that I really regret that in several films bitcoin transactions are always carried out for criminal acts. Even though they can also balance the image of bitcoin by also showing bitcoin scenes for charitable actions such as donations. Because actually there are quite a lot of people in the real world who donate with Bitcoin.

What ever has a merit also has a demerit, and Bitcoin is no exception. It is true, and I have seen first hand how Bitcoin or crypto currency is being used to perpetuate fraud, but that alone is not enough to make us conclude that Bitcoin should be condemn because it is used to commit crime.

There are still some criminals out there without knowledge of Bitcoin and are still committing crimes.

In essence crime is crime and bitcoin is bitcoin. Fiat is fiat and gold is gold. As for crimes that use gold, Fiat, Bitcoin or even by using other things. So still the one to blame is the person who did the evil not the object used for the crime. Their media indeed only cornered the objects used by the crime but did not really corner the people who committed the crime. Whereas crime will not occur if people obey the rules and have high morals.

There's no use condemning an object or an asset that doesn't even have thoughts and feelings. But the ones to blame are the people who are the perpetrators of the crimes themselves.

[Pingrapole]

Secrecy does not go with Bitcoin as it is an open currency but in the current system many countries declare it a cryptocurrency.
Its payment is transparent which doesn't require any other party It easily completes payment through blockchain
From its inception until now, many people have considered Bitcoin to be a way to cheat people, which is certainly a reprehensible fact and has acted as a major obstacle to Bitcoin moving forward.

There are many countries in the world that devalue Bitcoin and many systems that overvalue Bitcoin but still do not recognize Bitcoin as per its status.

[Cookdata]

Privacy is a right, and it belongs to everyone, that includes criminals, it is a fact. But, e.g., weapons kill, then, having one does not make you a murderer, it is a strong comparison, but... come on! we are already at the limits to continued hear this old premise against bitcoin.

Anyway, if you do not have good arguments, usually someone who opposes the idea of bitcoin says, that the criminals use bitcoin.

Privacy is not only a right, it is a must we need to practice but sadly, many turn blind to their lifestyle being exposed to the public, They would rather be happy taking pictures and using Facebook apps and TikTok to show the progressive stage of their life but their information are been collected in underground. When I see a celebrity that has no social media account, it gives me adrenaline but most people don't know that private life is a happy life, not everything we must show the public but people don't just care about privacy a bit.

Before bitcoin was born crimes were around every corner and till today that bitcoin has matured to this stage, the crime rate is high, the fiat of the government system is not far from this but they will rather turn a blind eye to these things and focus on bitcoin and that's jealousy, they don't have power over it and it give them headache how people spend without knowing more about the spending history.