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Author Topic: Bitcoin has nothing to do with crime  (Read 1117 times)
Hypnosis00
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August 17, 2023, 09:52:25 PM
 #161

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.

R


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August 17, 2023, 09:59:08 PM
 #162

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.

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August 18, 2023, 09:28:41 AM
 #163

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.

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August 18, 2023, 10:30:25 AM
 #164

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.

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August 18, 2023, 08:06:16 PM
 #165

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.

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August 18, 2023, 09:38:04 PM
 #166

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.

R


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August 18, 2023, 09:41:37 PM
 #167

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.

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August 19, 2023, 02:45:34 AM
 #168

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.

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August 19, 2023, 01:08:36 PM
 #169

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.

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August 19, 2023, 03:30:31 PM
 #170

bitcoin itself is not a crime, what you do with it can be forbidden, but doesn't have to be
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August 19, 2023, 09:58:30 PM
Last edit: August 19, 2023, 10:21:48 PM by Saint-loup
 #171

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.

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August 21, 2023, 05:56:45 AM
 #172

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.

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August 21, 2023, 06:39:58 AM
 #173

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.


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August 21, 2023, 07:46:09 AM
 #174

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

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August 21, 2023, 08:00:18 AM
 #175

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.



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August 21, 2023, 09:52:45 PM
 #176

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.

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August 21, 2023, 10:43:03 PM
 #177

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.

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August 24, 2023, 10:05:14 AM
 #178

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.

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Pingrapole
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August 24, 2023, 02:38:29 PM
 #179

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
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August 24, 2023, 02:48:48 PM
Merited by The Sceptical Chymist (4)
 #180

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.  Cool

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