m2017
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Crypto Casino and Sportsbook
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November 12, 2023, 07:46:45 AM |
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There is a misconception and i want to focus my discussion on some key points
1. Bitcoin itself is not tied to any financial crimes. Yes, it can be use by criminals as a means to receive payment from. There is a difference between misuse by individuals and the Bitcoin technology itself. Bad people are going to do bad things just like the sender said, regardless of the rules surrounding the technology. Even if there is a law to stop Bitcoin in a particular country criminals will not still stop to use the technology in other countries.
It is easier for criminals to use cash as a means of receiving payment, but for some reason this form of money is not demonized. Maybe because governments themselves print this money? Who are the bad people? If one person uses bitcoin in country #1 (where it is legal), then when he moves to another country #2 (where bitcoin is illegal) he becomes bad people? And that makes him a criminal? Bitcoin is more often used by ordinary people, not criminals. This is a lie from government propaganda. 2. Government and Information should consider focusing on the need for accurate information before disseminating it to the public. This incident was caused by misinformation that has led to the sudden hash government actions and decision towards cryptocurrency especially the pioneer Bitcoin.
Have you ever suspected that misinformation about the bitcoin is being spread deliberately? 3. Hasty decision based on inaccurate information can cause a huge consequence not on Bitcoin but to the society at large. The law makers should have conducted through investigation before proposing to take actions on anything. These scenario has exposed the envies of the lawmakers and government heads towards bitcoin and its technology.
This is not envy on the part of governments and legislators, but fear. Fear of losing control over human financial flows, and therefore the citizens of their countries. Now control is exercised through money. They are forced to propose hasty action, otherwise even more people will become interested in bitcoin.
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pinggoki
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November 12, 2023, 08:00:13 AM |
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Forget all of these, before guns and bombs were invented, people were already killing people. Before crypto, weren’t people being paid in fiat to do illegal activities. Haven’t politicians been doing all of this before 2008? Now Bitcoin is coming up, there are a lot of fingers pointing at it, countries have banned it as if their politicians don’t use it behind the scene. All Satoshi built was a currency accessible to everyone (just like fiat is), so I don’t see why they keep pointing at Bitcoin. If all of these happened in USD, will people highlight USD as a bad currency?
That's because the trend is to blame it all on something that is considered the low-hanging fruit and in the current case it is going to be bitcoin, with the independent nature of bitcoin and not having any sides I think that it is bound to happen that the free nature of bitcoin will prick up some people and there are those that want to protect their interest because they know that their interests can be a potential scapegoat if they don't do anything about it and so here we are with bitcoin being blamed. The only thing that is going to cure all this sickness of blaming bitcoin for all the ails and corruptions that the government, the society, and the people are experiencing is to cure the ignorance of the people, people that are ignorant and dismiss information entirely without checking it out first and not thinking for themselves is the root cause in all of this because imagine if people were all smart and can think for themselves, fear mongering in news all over the world will not be an effective tool against the people because they can just check it out for themselves, confirm it with other sources and remove any kind of misinformation or disinformation. When will we the normies ever learn to not judge something before all the facts are laid bare before them? We will never know but individual changes helps a lot in this kind of things.
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Franctoshi
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November 12, 2023, 08:18:12 AM |
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Forget all of these, before guns and bombs were invented, people were already killing people. Before crypto, weren’t people being paid in fiat to do illegal activities? Haven’t politicians been doing all of this before 2008? Now Bitcoin is coming up, there are a lot of fingers pointing at it, and countries have banned it as if their politicians don’t use it behind the scenes. All Satoshi built was a currency accessible to everyone (just like fiat is), so I don’t see why they keep pointing at Bitcoin. If all of these happened in USD, would people highlight USD as a bad currency?
I see all these as an attempt to try to paint Bitcoin as something that has added salt to the injury, in the sense that it has aided in increasing the rate of crime experienced in the financial system. While the system is not the problem rather the participants, As such they will try to fault it, they will call it a scam, they will try to ban it, and point out all sorts of allegations as a way to paint it badly and bring it down, However, I do believe that in the end, all their attempts in trying to stop Bitcoin, the only freedom form of money we have in the world will fail.
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michellee
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November 12, 2023, 08:36:07 AM |
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If I were the one who got that email, I would immediately delete it from my email. I don't know whether the news is true or false and rather than thinking about things that are too far beyond what I can think of, I'd delete it.
That may be true. But it might also be wrong. Maybe since Bitcoin was created, there have been transactions for illegal things. What is certain is that we will not know, and it will only give rise to a lot of wild opinions. Such emails are often sent to many random people to inform them of something that might make people panic.
Don't be provoked by unclear issues. We shouldn't think too much about things we don't know clearly.
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kryptqnick
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Join the world-leading crypto sportsbook NOW!
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November 12, 2023, 09:03:59 AM |
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Huh, I actually thought that this information about Hamas and cryptos was correct, although it didn't really sway me from Bitcoin in any way because money is always used for all sorts of purposes and taking it out on Bitcoin is an association fallacy. I see that WSJ has actually published multiple articles claiming that cryptos were/are used by Hamas terrorists. It's sad that it seems they didn't follow up to account for potential inaccuracy of information (but I don't know for sure because of the paywall).
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Agbamoni (OP)
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November 12, 2023, 09:52:25 AM |
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If I were the one who got that email, I would immediately delete it from my email. I don't know whether the news is true or false and rather than thinking about things that are too far beyond what I can think of, I'd delete it.
That may be true. But it might also be wrong. Maybe since Bitcoin was created, there have been transactions for illegal things. What is certain is that we will not know, and it will only give rise to a lot of wild opinions. Such emails are often sent to many random people to inform them of something that might make people panic.
Don't be provoked by unclear issues. We shouldn't think too much about things we don't know clearly.
Obviously, I have deleted the message from my email. I was only concerned that the mail contains a message of a threat on something I found valuable, which is Bitcoin. Perhaps you're not bothered because of the country you live in. There are some countries that are particularly affected by actions taken from countries considered to be world powers, and these actions will also impact those countries. We are talking about the US government, and if such actions are taken there, it may affect many Bitcoin enthusiasts in my country and even our government's decisions on Bitcoin and cryptocurrency at large.
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Z390
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November 12, 2023, 10:07:52 AM |
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Selfish interest is something humans have in them, for one reason or the other they have every right in their head to ruin something, and some are just ignorance, Bitcoin doesn't support any crime and I am glad its a openly transparent technology, if Bitcoin is more than transparency maybe privacy like XMR there will be a lot of headache around this technology.
There is one thing that's true though, people can still use Bitcoin to be bad things, and I understand that even before Bitcoin existed those criminals still engage in their crime activities around the world, some scammers were appended in my country not too long ago and one of them is someone I knew, he always talk about how pro he is in Bitcoin investment but I do have my doubts because he have no valid ways of earning Bitcoin and he has no job.
Do you know what he is doing? He scam people online using someone else identity and ask them to send money using Bitcoin, he thought he could cover things up using Bitcoin, yet he got caught with his accomplice, if he really know about Bitcoin he should have understnd that Bitcoin transaction is open and traceable, so if any criminal is using Bitcoin to carry out their ill acts they are fools and they will surely get caught.
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Sophokles
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November 12, 2023, 10:16:30 AM |
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We should not always co related crimes with other things. Politics and crimes are related to each other because crimes are a weapon used by politicians to create a image that is made by them. Even though these things are funded through Bitcoin or other financial sector it doesn't mean that financial institutions or entities support those bad activities. Bitcoin is not a person or a something that has its own will. It is an object that can not do anything on its own though it can be used by both good and bad actors in our society.
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famososMuertos
Legendary
Online
Activity: 1848
Merit: 2938
LE ☮︎ Halving es la purga
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November 12, 2023, 01:33:06 PM |
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It is something of technological compression, if anything, all technology that is used in criminal acts must be prohibited, a cell phone is a technological tool that is essential today, so Android as software allows the use of these tools. (ah, it pays taxes and is recognized as a classist company)
In the long run they prohibit it due to its condition of emergence, but basically because it empowers the citizen and it is obvious that this includes anyone, criminals.
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sokani
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November 12, 2023, 03:36:13 PM Last edit: November 12, 2023, 04:43:04 PM by sokani |
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Bitcoin itself is not tied to any financial crimes. Yes, it can be use by criminals as a means to receive payment from. There is a difference between misuse by individuals and the Bitcoin technology itself. Bad people are going to do bad things just like the sender said, regardless of the rules surrounding the technology.
This is the kind of news the government want the people to see about Bitcoin, they're always looking for the slightest opportunity to brand Bitcoin as a coin of bad actors. So this is a perfect opportunity to come up with all kinds of lies to discourage people from using Bitcoin because they see it as a threat to fiat. Government and Information should consider focusing on the need for accurate information before disseminating it to the public. This incident was caused by misinformation that has led to the sudden hash government actions and decision towards cryptocurrency especially the pioneer Bitcoin.
How are we sure the misinformation was not being sponsored by the government? They could do any and everything to achieve their aim. Hasty decision based on inaccurate information can cause a huge consequence not on Bitcoin but to the society at large. The law makers should have conducted through investigation before proposing to take actions on anything. These scenario has exposed the envies of the lawmakers and government heads towards bitcoin and its technology.
This is not the first time Bitcoin is being attacked but the truth no matter the dirt they throw at Bitcoin, they cannot people from using it.
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avikz
Legendary
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Activity: 3192
Merit: 1523
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November 12, 2023, 06:04:18 PM |
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Bitcoin or other cryptocurrencies are just a method of payment. Terrorism used to exist even before Bitcoin came into existence. Money laundering used to happen even before cryptocurrencies came into existence. So if someone is saying that cryptocurrency is bad because it aids in crime we just need to ignore that person.
These are the tools which are used by both good and bad people. There is no way for the cryptocurrency itself to control its usage. It's the job of the regulatory and enforcement agencies to curb the illegal usage of any tool.
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Dr.Bitcoin_Strange
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November 12, 2023, 06:47:34 PM |
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3. Hasty decision based on inaccurate information can cause a huge consequence not on Bitcoin but to the society at large. The law makers should have conducted through investigation before proposing to take actions on anything. These scenario has exposed the envies of the lawmakers and government heads towards bitcoin and its technology. Information is power, and like it's always said, "if you are not well informed, then you will be misinformed." Some people do make mistakes while investing in Bitcoin, and what normally causes such mistakes is a lack of proper information. Bitcoin should not be condemned because of the ignorance of those who fail to properly do their research or get well educated about it before investing in it. I don't see Bitcoin being bad in any way. Whatever accusations people make about Bitcoin, I believe that it's nothing new; it's always something that has existed before Bitcoin. Even in some other investment too, people do lose money.
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danadc
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November 12, 2023, 07:02:59 PM |
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This is good, not because of what it says in the email or because of what they want to tell people, but if they are sending the email that is because they know something, and I don't specify what they are saying there, just the opposite, that is to say that the bitcoin is making ugly propaganda, and this may be due to the fact that as soon as the price goes down it can go up, this can sometimes be many strategies of people who want to buy the bitcoin and the current price is cheap and they are waiting for the proposals that they If you have bitcoin, get scared and leave, don't be surprised if they are a group of whales imposing fear so that it can be sold cheaply to them.
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terrific
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November 12, 2023, 08:30:56 PM |
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I think with every war that startles, there will always be these authors that will romanticize the situation and will suck money out of the content. Making it always look like Bitcoin has been involved with all of these. Although we know that it can be used to any purpose but these authors and reporters will always find a headline to make it look like as is all the time.
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BitDane
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November 12, 2023, 10:43:31 PM |
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This is complete nonsense. Firstly, there is no proof that Hamas used Bitcoin in its surprise attack on Israel. Secondly, even if it is proven that they used Bitcoin, what is the difference? What does Bitcoin have to do with the story? If they ban Bitcoin won't Hamas fighters be able to raise money again???!!! I don't even heard that there's a Bitcoin airbomb-dropped in Israel. What I see are missiles and bullets everywhere. When they are talking about Bitcoin used to finance Hamas, they should have consider the integrity of the news by showing a Bitcoin transaction that is used to fund Hamas movement. As long as there is no proven Bitcoin address, a proven account under Hamas regiment that uses Bitcoin in purchasing fire powers and supplies, this kind of news is good as hear say. There is no integrity on it, IMO. They've done this many times even before Bitcoin existed, so why all the hype? It is better for them to focus on ending the war between the Palestinians and the Israelis rather than ignite a new war against Bitcoin.
It is Bitcoin and surely new to the eyes of most of the readers. Bitcoin is trending and the writer possibly thinks that they can get more attention if they highlights the use of the cryptocurrency in this kind of event. It is really funny how they neglect the information that fiat currency is way more used to fund this crime/terrorist act. Besides Bitcoin is only a currency, whether they will use it for fund for war or charity, it depends on the people using it.
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panganib999
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 12, 2023, 11:38:49 PM |
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Forget all of these, before guns and bombs were invented, people were already killing people. Before crypto, weren’t people being paid in fiat to do illegal activities. Haven’t politicians been doing all of this before 2008? Now Bitcoin is coming up, there are a lot of fingers pointing at it, countries have banned it as if their politicians don’t use it behind the scene. All Satoshi built was a currency accessible to everyone (just like fiat is), so I don’t see why they keep pointing at Bitcoin. If all of these happened in USD, will people highlight USD as a bad currency?
That's the point. Sensationalize the hate for crypto and bitcoin to divert the hate of the people from those who actually deserves it. If journalists instead emphasize on the fact that some of US's allies are donating money towards the attacks, that would not spell great for the US and for its allies, but if they instead divert the reader's attention towards the fact that they are using cryptocurrencies to facilitate these donations, that allows them to not only clickbait, but also inspire people to hate cryptocurrencies as if it's the reason why these people are getting funded in the first place. Besides, it's not as if the Hamas are the ones that are oppressing Israel right here. They've literally suffered the brunt of the attacks against Israel for years after World War 2, with their kids being killed and used as target practice for drones at the Israeli borders, now that they press the attack to fight for what's rightfully theirs, they are getting hated? What the flying fuck people.
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danadc
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November 15, 2023, 05:45:25 PM |
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You have to see bitocin for what it is, a safe asset, a money-making tool that offers the highest returns, with the exception that bitoin can always reach the price you want in a new way, in the world there are many that are delicious, they can use fiat money, money in bitcoin to do their misdeeds, politicians too, they can use this to do what they want most, and anyone can avoid it, it's what you give them use for, no one controls bitcoin, no one uses it. owner of bitcoin, the owners are those who have always bought and have it, nothing more, that is the beauty of this technology.
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Die_empty
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November 15, 2023, 06:18:57 PM |
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Forget all of these, before guns and bombs were invented, people were already killing people. Before crypto, weren’t people being paid in fiat to do illegal activities. Haven’t politicians been doing all of this before 2008? Now Bitcoin is coming up, there are a lot of fingers pointing at it, countries have banned it as if their politicians don’t use it behind the scene. All Satoshi built was a currency accessible to everyone (just like fiat is), so I don’t see why they keep pointing at Bitcoin. If all of these happened in USD, will people highlight USD as a bad currency?
Bitcoin is just a currency like fiat. Money will not select who uses it and for what purpose. Anybody that has access to money can use it for either good or evil. Bitcoin might have been used to finance terrorism but if investigated further we might discover that fiat currency was used more than cryptocurrencies. But fiat money laundering cases don't get the same wide publicity as cryptos. Obviously, I have deleted the message from my email. I was only concerned that the mail contains a message of a threat on something I found valuable, which is Bitcoin. Perhaps you're not bothered because of the country you live in. There are some countries that are particularly affected by actions taken from countries considered to be world powers, and these actions will also impact those countries. We are talking about the US government, and if such actions are taken there, it may affect many Bitcoin enthusiasts in my country and even our government's decisions on Bitcoin and cryptocurrency at large.
Every day Bitcoin is facing so many attacks and suppression by the government and other unfriendly actors. You can't stop the government from enacting policies but we can always use every option at our disposal to protect our privacy. Ensure you are not giving out your details to centralized platforms. However, the use of criminal activities as an excuse to make unfriendly polices is not new and it will continue to resurface until they find another flimsy excuse.
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coolcoinz
Legendary
Offline
Activity: 2730
Merit: 1171
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 15, 2023, 06:56:16 PM |
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Who's to blame then?
WSJ? Elliptic?
IMO every single party involved made fools of themselves. Elliptic provided false data. WSJ wrote an article without contacting the authors of the research to confirm Lawmakers filed complaints based on an article...
That last one is probably the dumbest. I'd expect more from elected officials... or not. We all know how dumb and biased politicians are. Just look at Elizabeth Warren.
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CryptoHeadlineNews
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November 15, 2023, 06:58:54 PM |
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More than 100 lawmakers came together to sign a letter to national security leadership calling for a crackdown on cryptocurrencies. What was their argument? That the Wall Street Journal article proved that terrorists were using cryptocurrency to raise obnoxious amounts of money.
So what makes these lawmakers think that this terrorist who could afford to raise millions of dollars in funding Hamas and Israelis fight through crypto, if they had an alternative can't afford doing so with the use cash fiat (i.e dollar notes), which is the most common global currency in the purchase of the ammunition needed for this fight? Because this is one area government will always keep getting it wrong since they literally have no control over Bitcoin, and as such always sees Bitcoin as the main sponsor of internet crimes, which is not so. But however, I look forward to see the authenticity of this story, if is it true Hamas terrorist raised $130 million in cryptocurrency donations in support of the fight or not.
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