Bitcoin has nothing to do with crime

[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.