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paxmao
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Do not die for Putin
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December 26, 2024, 11:15:59 PM |
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The illegal uses of bitcoin are pretty much the same as the illegal uses of any other currency, particularly the USD. People in this forum are tired of seeing this type of comment when pretty much all of us know that bitcoin is not really the chain of choice if you seek illegal activities. There is full traceability even when chipmixing, it is just making it difficult not impossible.
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Hispo
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Leading Crypto Sports Betting & Casino Platform
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December 27, 2024, 01:01:37 AM |
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Haven't you heard about the surge on ransomware there are been since the Pandemic? Most of the times criminals managed to get computers with important information encrypted they always demanded their victims to pay Monero or Bitcoin for ransom (so they could get the encryption key and get their information back). That is one of the most popular illegal uses of Bitcoin and alternative currencies nowadays, specially Monero. I also think Monero must have an important presence within the world of trafficking of illegal substances but that is not something I have gotten myself out my way to find out, rather just common sense. Also, since there are companies which are developing tools to track the origin of coins (specially within the Blockchain of Bitcoin), criminals feel less encouraged to use BTC to conduct their transferences of value and opt for more private Blockchains and tumblers/mixers.
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JeromeTash
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Heisenberg
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December 27, 2024, 01:04:46 AM |
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It's a pretty unfair way to portray Bitcoin as a currency that promotes crime or illegal activities. Before Bitcoin came into existence, The people's Beloved currencies such as the USD, the EURO and GBP have been used for different criminal activities for decades and are still being used by criminals but no one bats an eye. It's only when it comes to the likes of Bitcoin where Government all of a sudden starts making such claims.
Where there is anything of monetary value, there will always be criminals as well, be it gold, oil, guns, drugs etc. We should stop selectively applying aspects to only Bitcoin while turning a blind eye on fiat currencies that are the main culprit.
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caroasi
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December 27, 2024, 10:18:18 AM |
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Every single usage of Bitcoin is illegal in one form or another in at least one jurisdiction. That is why it clearly needs to exist. For example, Bitcoin seems to be outright banned in China, the most populated country. Obviously this makes China an overtly evil country without proper moral values. Under Caroasi-based law one of the only possible illegal usages would be to pay someone to help commit a violent crime. Caroasi can start off as an internet government as soon as one person joins. I won't be the first but I'll be the second person and reserve that honor of the first person to perhaps someone on this forum. Caroasi just ignores illegitimate governments laws as irrelevant. No country that bans a moral usage of Bitcoin should be considered a serious country, as laws that violated higher or highest laws are not serious in sense even if they are violent.
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verdinio
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December 27, 2024, 04:07:08 PM |
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Every single usage of Bitcoin is illegal in one form or another in at least one jurisdiction. That is why it clearly needs to exist. For example, Bitcoin seems to be outright banned in China, the most populated country. Obviously this makes China an overtly evil country without proper moral values. Under Caroasi-based law one of the only possible illegal usages would be to pay someone to help commit a violent crime. Caroasi can start off as an internet government as soon as one person joins. I won't be the first but I'll be the second person and reserve that honor of the first person to perhaps someone on this forum. Caroasi just ignores illegitimate governments laws as irrelevant. No country that bans a moral usage of Bitcoin should be considered a serious country, as laws that violated higher or highest laws are not serious in sense even if they are violent. China is a country that has not wanted cryptocurrencies to be used since time immemorial due to its laws, and it is right because by doing so it creates a way to move its citizens' money abroad and this is not a problem for that state. good, so in terms of its laws it is good to protect yourself, even if in my opinion it is not right
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paxmao
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Activity: 2548
Merit: 1657
Do not die for Putin
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December 27, 2024, 11:05:30 PM |
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Haven't you heard about the surge on ransomware there are been since the Pandemic? Most of the times criminals managed to get computers with important information encrypted they always demanded their victims to pay Monero or Bitcoin for ransom (so they could get the encryption key and get their information back). That is one of the most popular illegal uses of Bitcoin and alternative currencies nowadays, specially Monero. I also think Monero must have an important presence within the world of trafficking of illegal substances but that is not something I have gotten myself out my way to find out, rather just common sense. Also, since there are companies which are developing tools to track the origin of coins (specially within the Blockchain of Bitcoin), criminals feel less encouraged to use BTC to conduct their transferences of value and opt for more private Blockchains and tumblers/mixers. I guess that it is easier to get paid a ransomware in any crypto rather than through a bank transfer, but it is also not that difficut to trace if using non-privacy coins. Despite that, everyday you get other crime that is paid in USD and nobody here is challenging the fact that the USD is quite useful in general and cannot be banned.
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Hispo
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Activity: 1554
Merit: 2533
Leading Crypto Sports Betting & Casino Platform
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December 28, 2024, 05:25:45 PM |
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...
I guess that it is easier to get paid a ransomware in any crypto rather than through a bank transfer, but it is also not that difficut to trace if using non-privacy coins. Despite that, everyday you get other crime that is paid in USD and nobody here is challenging the fact that the USD is quite useful in general and cannot be banned.
Yes, I know. It is rather a double standard when comes to morality and which system is friendlier for criminals to carry out their crimes and go around unpunished. FIAT, specially cash will continue to be king among criminals because the fungibility and the many ways they can still laundet that capital in a relatively easy way, under the eyes of authorities, there has been already many scandals with European banks like Deutsche Bank and their involvement with the laundering of money. Despite of it, regulators and the very same bankers will continue to demonize Bitcoin and crypto as if we were the ones incentivizing illegal activities with our decentralized liquidity and projects.  One of the biggest economical hipocrisies or our life time as investors and part of this economical system.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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apogio
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December 28, 2024, 05:37:16 PM |
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To answer the question clearly, Bitcoin, XMR and cash can be used as P2P payment means for any illegal activity.
So I guess any criminal could request to get paid in BTC, or Monero or Cash.
So, I reckon the deal would go like this:
1. private messaging app or face-to-face deal 2. some payment up-front 3. action or service 4. full repayment afterwards.
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