Can Bitcoin help to reduce crime?

[JimaGod]

Bitcoin true true don deliver plenty Nigeria youths and I Dey feel bad say I just Dey start this my journey for this area of life and with wetin I don use my eye see for the people wey don Dey the industry, I no go lie, this crypto don really deliver people and if not for crypto, a lot of several other people for no even know wetin dem for Dey do now but thank God for cryptocurrency wey come at the rightest of times.
But even this bitcoin and cryptocurrency waka no be really small thing and trust me, person hats need a lot of patience and serious dedication to the craft to fit see beta thing chop else you go end up ruining yourself.

[WhoYouCantKill]

Unemployment and poverty always forces few people toward crime, but that can not be handled by Bitcoin on it's own. It may provide opportunities, mostly for those who do not have access to traditional banking, yet it is not an assured income or even a replacement for real jobs.
Education assist, though. If users have understanding of how funds operates, means to save, invest, and acquire skills, they would have more options and few pressure to take risky paths. Bitcoin may be part of the learning, yet it is not a magic solution.
When the focus is reducing the rate crime, then the major foundation is jobs, training, assist for the young ones, with a system which provides a fair shot for them. Bitcoin may give financial equipments and independence, yet it operates better amongst larger economic development, not instead of it.

[Ocn19]

So many people don't want to work or hard work this day, they just want to eat with out working. Bitcoin can be of  help to such person. While they relax  can trade Bitcoin and make something for themselves..

[Skydrill]

Although, there are so many factors facilitating the increase in the rate of crime in our society but if we critically deepdown on the root of incessant increase of crime and other criminal activities in our society today it will be so notable that poverty and unemployment especially among the youth are the major anchor to the increase in crime and criminal activities in the society. I think if there is adequate sentization of Bitcoin in our society it will help in the reduction of crime because many people that are involve in some fraudulent activities today would venture into Bitcoin and be making a reasoning resource from Bitcoin if really inconcated with the actually knowledge and information to be successful in the system.   

Bitcoin has been a very important determinant for economic growth in the society, and at such has played a vital role in bringing about financial freedom to everyone that has the awareness of Bitcoin, nevertheless, Bitcoin has some limitations when it come to reducing the crime rate in the society.

There are people who got into criminal activities willingly, not because they were forced into it but because they choose to, perhaps they had other alternatives but they choose the wrong path, in this case no matter what you do or say you can't really convince such people about crime even if you introduce them to the Bitcoin platform, some people have chosen to go the wrong way not because there's is no other way but because they love the bad ways, that's why Bitcoin might be able to be entirely curb the menace of criminality in the society.

[Stormisover]

So many people don't want to work or hard work this day, they just want to eat with out working. Bitcoin can be of  help to such person. While they relax  can trade Bitcoin and make something for themselves..

Bitcoin can not be of any help to such person because trading Bitcoin is very complex and profit is not guarantee within a short period of time, what such person needs is to get a job Bitcoin doesn't give money over night and secondly we need money to buy Bitcoin meaning that there must be a source of income to buy Bitcoin, taken trading Bitcoin as a full time job comes with lot of commitments it is risky and time consuming while monitoring the market. I will not say that Bitcoin can reduce crime let us be realistic.

[PhilosopherKing]

So many people don't want to work or hard work this day, they just want to eat with out working. Bitcoin can be of  help to such person. While they relax  can trade Bitcoin and make something for themselves..

In trading Bitcoin you will just be adding extra stress and wahala on top yourselves for nothing. Bitcoin is not something that we should even be trading. If one really want to see the true benefits ot Bitcoin, it is more better to invest in Bitcoin, rather than trading it. And when investing in Bitcoin that person should only invest with their discretionary income, and be ready to wait for the long term, in order to profit and benefit from it.

[Mayor of ogba]

Bitcoin wasn't created to reduce crime, so I don't think bitcoin can help to reduce crime in the world. What can possibly reduce crime is if our leaders implement a policy that favors the common men because they won't think of getting themselves involved with crime to put food on their table. Majority of people in the World want quick money, and since bitcoin isn't a get rich quick scheme, some people won't want to invest in bitcoin even though adequate sentization is carried out in our society because they don't have the patience to invest in bitcoin.

[Israelgogo]

Although, there are so many factors facilitating the increase in the rate of crime in our society but if we critically deepdown on the root of incessant increase of crime and other criminal activities in our society today it will be so notable that poverty and unemployment especially among the youth are the major anchor to the increase in crime and criminal activities in the society. I think if there is adequate sentization of Bitcoin in our society it will help in the reduction of crime because many people that are involve in some fraudulent activities today would venture into Bitcoin and be making a reasoning resource from Bitcoin if really inconcated with the actually knowledge and information to be successful in the system.   

It start with unemployment and poverty is not actually the root cause of crime, a country that lacks functional system and operating manual from constitutional laws can never experience crime free, youths are engaging in crime because such a country is free from crime scenes and most at times the people who are supposed to curb these essence are the criminals in quote as leadership. Also Bitcoin can never eliminate poverty or helps crime free in any society because society is not by crypto spare, moreover you still need money to venture into crypto lifestyle, so nomatter the sensitization not everyone has the capacity to live online lifestyle especially when some crime can fetch you more money than waiting for BTC to God knows when.

[NurseHub]

Bitcoin wasn't created to reduce crime, so I don't think bitcoin can help to reduce crime in the world. What can possibly reduce crime is if our leaders implement a policy that favors the common men because they won't think of getting themselves involved with crime to put food on their table. Majority of people in the World want quick money, and since bitcoin isn't a get rich quick scheme, some people won't want to invest in bitcoin even though adequate sentization is carried out in our society because they don't have the patience to invest in bitcoin.

The mere fact that people confused bitcoin to be a saviour to everything is what marvels me the most bitcoin is a currency and not a soldier or a parliamentary body that helps you cope crime or reduce crime if we are talking about bitcoin helping to reduce money fraud that government have being doing to the people by printing cash when their is debt then yes it can but if it has to do with human greed and the everyday persona live bitcoin is not polices, it's the sole duty of your government to carry out.

[Achalugo BTC]

I think if you talk about bitcoin as a new technological inventory in the world, it will make plenty sense to conclude that Bitcoin can really help and has assisted in many job creation in the country. This point of view makes bitcoin another alternative source of income to young people who are jobless and are willing to learn to adopt new technologies and opportunities. Having looked at the massive increase in the adoption of Bitcoin over the world and in some specific developing countries, it will make sense to say bitcoin have the ability to reduce poverty from the people of a state or country if propely informed and educated in the different aspects of the technology.

For me, it's better for young ones to indulge themselves into crypto than indulging themselves in some illegal activities that might be a harm to their lives but just as you have said earlier, it should be done in moderation which is the ultimate thing that will help them to grow more than they way they even thought.
Though understanding how crypto works helps them to know that as they are be involved in crypto doesn't mean they will start earning instantly or immediately but it will need a lot of sacrifice for them to achieve their purpose such as having patience, selflessness and self-control as they are the keys to unlock their success in crypto.
But having the knowledge of it helps in reduction of crime especially with the way the young ones are doing anything just to make this month both legal and illegal ways but tutoring them in the right path will really help them to go a long way.

[Oshio-man]

So many people don't want to work or hard work this day, they just want to eat with out working. Bitcoin can be of  help to such person. While they relax  can trade Bitcoin and make something for themselves..

Bitcoin can be at help to anybody that want to get involve with bitcoin,  they can create opportunity from bitcoin that will make them not to commit any crime that will put their life in risk, without investing in bitcoin it will be difficult for them to make something good from bitcoin because they have to take advantage of bearish season to buy and hold for bullish season to appear before they can trade to earn huge income, Having the knowledge of bitcoin, it can help people to be busy not to have time for those things that will distract them not to know what they are doing because if you don't know what you are doing, it can cause you to miss a lot of opportunities.

[Umulala-alala]

So many people don't want to work or hard work this day, they just want to eat with out working. Bitcoin can be of  help to such person. While they relax  can trade Bitcoin and make something for themselves..

In trading Bitcoin you will just be adding extra stress and wahala on top yourselves for nothing. Bitcoin is not something that we should even be trading. If one really want to see the true benefits ot Bitcoin, it is more better to invest in Bitcoin, rather than trading it. And when investing in Bitcoin that person should only invest with their discretionary income, and be ready to wait for the long term, in order to profit and benefit from it.

Bitcoin should be traded for though gamblers are doing it the risk in just too much, investment no dey risk free but the one in trading is much now way the price dey dip many for them sell and them go loss because then go dey fear say the price fit dey dip dey go, but the important of investing is that you won't get disturb as the price dey go down since you no dey ready to sell but to buy and keep, make me we invest for BTC for at least 4-10 instead of trading.

[Tetu100]

Although, there are so many factors facilitating the increase in the rate of crime in our society but if we critically deepdown on the root of incessant increase of crime and other criminal activities in our society today it will be so notable that poverty and unemployment especially among the youth are the major anchor to the increase in crime and criminal activities in the society. I think if there is adequate sentization of Bitcoin in our society it will help in the reduction of crime because many people that are involve in some fraudulent activities today would venture into Bitcoin and be making a reasoning resource from Bitcoin if really inconcated with the actually knowledge and information to be successful in the system.   

Bitcoin innovation can help most youth that considered it as an investment and had other stream of income to survive with their families but not to some set of people's that doesn't have anything doing to survive with, as we already know Bitcoin is an investment that require so much patients due to it longer time of maturity nature especially when on a long term run, then how will you be expecting someone that is looking for a means of survival at that point in time to cope which is off course not possible, only what can actually reduce crime is when the youths are been involved with a Kind of stuff that can earn them daily, weekly or monthly pay to keep them going.

[Mummy OS]

Bitcoin blockchain technology yes can help in the reduction of fraudulent activities. It makes tough really difficult for hackers and fraudsters to fake a transaction.verification of funds can be done with transparency and at ease.
However the societal crime rate has reduced drastically following the fact that the youths who should have been more vulnerable to societal crimes have now been engaged and are earning from Bitcoin there by result to less societal crime rate

[Smartvirus]

I think if there is adequate sentization of Bitcoin in our society it will help in the reduction of crime because many people that are involve in some fraudulent activities today would venture into Bitcoin and be making a reasoning resource from Bitcoin if really inconcated with the actually knowledge and information to be successful in the system.   

While you might entertain this idea, e get people way go still see Bitcoin for only the ills way people for society Dey use am commit. Na the country you and me we from naw, you already Dey see how narratives Dey play, politicians and agencies with propaganda just to chop from the innocent.

Anyway, no be today way people don use money Dey make money. Na something way don Dey even even with fiat but, fiat operate on a loan and profit base while,
Bitcoin operates on a volatility base, using the very idea of scare resource for increase in value.

Even as e be like that, e no go stop poverty and if poverty na the bases for crime, crime go still Dey. If e go reduce, of course e go reduce and no be only Bitcoin go make this one happen. A lot gats play in to contribute their quota to the decline of crime in our society.

[BitBakerr1]

I don't think it's possible for Bitcoin to reduce crime, instead Bitcoin will help to increase crime in a country, one of the reasons why Nigeria government is against cryptocurrency or Bitcoin is because criminals usually use it to commit more crimes, for example I heard that kidnappers Now use Bitcoin to accept ransom for the release of their victim, the Nigerian government also said that money laundering also happens through Bitcoin and to be honest all this allegations are true, Bitcoin when sent to you especially when you use wallet you can't trace it so criminals usually use it, so there's no way Bitcoin can reduce crime in a countr, it increases crime.

[Creeper0]

Although, there are so many factors facilitating the increase in the rate of crime in our society but if we critically deepdown on the root of incessant increase of crime and other criminal activities in our society today it will be so notable that poverty and unemployment especially among the youth are the major anchor to the increase in crime and criminal activities in the society. I think if there is adequate sentization of Bitcoin in our society it will help in the reduction of crime because many people that are involve in some fraudulent activities today would venture into Bitcoin and be making a reasoning resource from Bitcoin if really inconcated with the actually knowledge and information to be successful in the system.   

In fact, everything has its good and bad sides. Bitcoin also has its good sides, even bad sides. Bitcoin cannot directly reduce criminal activities from society. After entering the Bitcoin era, poverty and unemployment are decreasing from society to some extent, and if this unemployment and poverty decrease, crime will also decrease to some extent. But it is certainly not to a very large extent. Poverty and unemployment are among the main reasons for the increase in crime in a country. It is not possible to scam Bitcoin because Bitcoin is decentralized, it may be wise to invest in Bitcoin as a national reserve.

[icebar]

I don't think it's possible for Bitcoin to reduce crime, instead Bitcoin will help to increase crime in a country, one of the reasons why Nigeria government is against cryptocurrency or Bitcoin is because criminals usually use it to commit more crimes, for example I heard that kidnappers Now use Bitcoin to accept ransom for the release of their victim, the Nigerian government also said that money laundering also happens through Bitcoin and to be honest all this allegations are true, Bitcoin when sent to you especially when you use wallet you can't trace it so criminals usually use it, so there's no way Bitcoin can reduce crime in a countr, it increases crime.

Whether Bitcoin reduces or increases criminal activities depends on the user. If a Bitcoin user holds Bitcoin for a long time, he can eventually become the owner of a large amount of wealth, at which time he can distance himself from criminal activities. But when those who have no wealth or no source of income try to do criminal activities, they try to do it through Bitcoin, which can further increase the level of crime. Bitcoin cannot directly reduce crime. It is certain that people can benefit greatly from using Bitcoin.

[justinlamode]

Whether Bitcoin reduces or increases criminal activities depends on the user. If a Bitcoin user holds Bitcoin for a long time, he can eventually become the owner of a large amount of wealth, at which time he can distance himself from criminal activities. But when those who have no wealth or no source of income try to do criminal activities, they try to do it through Bitcoin, which can further increase the level of crime. Bitcoin cannot directly reduce crime. It is certain that people can benefit greatly from using Bitcoin.

You are missing the point of the conversation. A lot of people are of the opinion that Bitcoin reduces crime while others are arguing that it increases crimes because a lot of criminals easily use Bitcoin to steal from people. In the eyes of the authorities, Bitcoin was built for crime because that is the reason they always use to target Bitcoin and any privacy infrastructure but that is not true. Bitcoin can be stolen and can be used to commit crime just like fiat is being used for the same purpose. Before the creation of Bitcoin, all the things Bitcoin is being accused of were happening.

[Kagaru]

I don't think it's possible for Bitcoin to reduce crime, instead Bitcoin will help to increase crime in a country, one of the reasons why Nigeria government is against cryptocurrency or Bitcoin is because criminals usually use it to commit more crimes, for example I heard that kidnappers Now use Bitcoin to accept ransom for the release of their victim, the Nigerian government also said that money laundering also happens through Bitcoin and to be honest all this allegations are true, Bitcoin when sent to you especially when you use wallet you can't trace it so criminals usually use it, so there's no way Bitcoin can reduce crime in a countr, it increases crime.

But I see it a little differently, there is no secret that criminals accept Bitcoin but to say that Bitcoin is promoting crime is a simplistic view of the matter. There has never been a time when there was no crime, cash, banks and even forgeries. Now they are employing new technology, that is all. I believe that the actual issue lies in the absence of regulations and the strength of the own security system of the country. A lot of states are successfully tracing the footprints of criminals through Bitcoin, as all the transactions are recorded in the blockchain as an open book. Therefore it is not completely true that it can not be traced only it requires time and ability.

The other one is that an individual who desires to commit a crime will go by all means. It is one thing when a person with no criminal intent holds Bitcoin or invests in it, As blaming Bitcoin in full conceals the actual issues.