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Author Topic: Internet search about Bitcoin can be misleading for beginners at times  (Read 463 times)
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September 27, 2025, 07:30:16 PM
 #21

Yeah.

Honestly I rarely heard financial advisors or medias who talking about invest in stock will make you lose, but I hear more the good news about stock can earn 7% per year. However in my experience, investing in stock was disaster, the stock I invested got delisted from the market lol.

While Bitcoin, it's mostly high risk asset, use for criminal or something that can't be "trusted".

Despite like that, I believe overtime people will learn.

I guess he saw some old articles because we are in a state where governments are thinking about making bitcoin as strategic reserve so the statement that bitcoin is used for only illicit activities is no more valid when governments have started acknowledging that bitcoin is more than that. And choosing bitcoin for money laundering can be a worse idea because the trails are stored permanently, and one can check all the path of the moved funds if not mixed just with the help of explorers and if want government can even access the data of mixers which makes the is not the preferred option.

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September 27, 2025, 08:01:42 PM
 #22

~snip

 is there any point you guys can contribute to add up?

You should have quoted the writeup above that talked about Bitcoin being used for whatever was mentioned. I have read something like that, but I'm struggling to remember the exact website that I read it from. But I think there were other things written in that same article that talked about Bitcoin, but I'm a bit surprised why your home boy didn't put them into consideration, but rather stick with the bad part.

Of course, people use Bitcoin for illicit activities, but that doesn't make Bitcoin terrible. If we are to judge Bitcoin as an illicit tool, then it would also be fair to call fiat, gold, and every other precious assets as an illicit tool as well, but unfortunately, the media and the supposed content writers won't do that.

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September 27, 2025, 08:27:52 PM
 #23

This is why my home boy don't want to get involved with Bitcoin, I don't want to say much because I am considering his age, he is still 14 years old and he is spending money on useless things, it was where the idea came from, I mean the whole talk about Bitcoin.

I told him that Fiat is more suited for crime than Bitcoin, dirty politicians can have money move around in fiat and hide it because they are in power but the blockchain is public, is there any point you guys can contribute to add up?

I think poor use of algorithm is why some people do have wrong information on their feed. When you search for "Bitcoin importance and it's benefit to society", your algorithm is going to personalized your search and continue to give you good aspect of Bitcoin but if you search for "bad things Bitcoin is used for", the search is going to personalized it and continue to feed the person base in what they search. What we feed search engines sometimes determine our outcome result.

People need to be positive about the things they listen to, they need to avoid bad information. Fiat crime is one of the biggest place where crime happen. There used to be crime at all time high before we have Bitcoin, even if there is bad side for Bitcoin, it's not much as it's been project by the media but because Bitcoin is winning by value of price, they used it push wrong information so people can stay away from it as possible but propaganda are obky short time, the truth will be reveal eventually.

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September 27, 2025, 08:35:11 PM
 #24

We had a talk about Bitcoin and I asked why he is not in bitcoin yet he said the Internet says is money suited for crimes I did some research myself and I found the same thing online.

Tool for illicit activities: Bitcoin's pseudonymous nature and decentralized structure have made it a favored tool for criminals involved in money laundering, terrorism financing, drug trafficking, and ransomware attacks.

This is why my home boy don't want to get involved with Bitcoin, I don't want to say much because I am considering his age, he is still 14 years old and he is spending money on useless things, it was where the idea came from, I mean the whole talk about Bitcoin.

I told him that Fiat is more suited for crime than Bitcoin, dirty politicians can have money move around in fiat and hide it because they are in power but the blockchain is public, is there any point you guys can contribute to add up?
Everything has its advantages and disadvantages, some would say it's pros and cons, bitcoin as a currency like other currencies out there has its own pros and cons too, and one of such may be exactly what quoted above that the internet says about bitcoin, but for some one is already matured and in their right senses, they would or should already know that this cons or disadvantage isn't something or an issue strong enough to make some one ignore bitcoin completely.

As a matter of like, every of those mentioned crimes plus even much more has been in existence way before bitcoin came into existence, how were they financed, is it not through the same dirty fiat currencies the government is controlling us all with.? And even till this day, many of the perpetrators of this crimes still use fiat and we do not complain, how come some people complain now?

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September 27, 2025, 08:42:29 PM
 #25

We had a talk about Bitcoin and I asked why he is not in bitcoin yet he said the Internet says is money suited for crimes I did some research myself and I found the same thing online.

Tool for illicit activities: Bitcoin's pseudonymous nature and decentralized structure have made it a favored tool for criminals involved in money laundering, terrorism financing, drug trafficking, and ransomware attacks.

This is why my home boy don't want to get involved with Bitcoin, I don't want to say much because I am considering his age, he is still 14 years old and he is spending money on useless things, it was where the idea came from, I mean the whole talk about Bitcoin.

I told him that Fiat is more suited for crime than Bitcoin, dirty politicians can have money move around in fiat and hide it because they are in power but the blockchain is public, is there any point you guys can contribute to add up?
Both can be used for crime. 14 years old is probably young but maybe it worth to speak about life. In general, life is full of propaganda. Governments try to label Bitcoin as a currency used for every wrong thing because governments find it hard to control Bitcoin but recently, as blockchain analysis developed compared to old time, they rarely follow this trend and now they try to control it.
I would contribute following to that: Everything has pros and cons. A knife can be used to cut bread and it can also be used to cut someone's throat. We have to be good and do not use things for wrong purposes.

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September 27, 2025, 08:47:04 PM
 #26

Bitcoin or fiat, if your intention is to use it as a tool for a crime, you will most likely succeed especially if you know how to take advantage of its potential usage. But if you study it more deeply, fiat is where most crimes possible to happen because the security and transparency aren’t that high compared to bitcoin where it is traceable because of its high transparency.

Sometimes, just a mere research isn’t reliable enough. You need to go dig deeper and search on trustable sources so that you will also gain a valid and reliable fact or idea, and not just a mere speculation that has no clarity and transparency.

 
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September 27, 2025, 09:52:29 PM
 #27

This is why my home boy don't want to get involved with Bitcoin, I don't want to say much because I am considering his age, he is still 14 years old and he is spending money on useless things, it was where the idea came from, I mean the whole talk about Bitcoin.

I told him that Fiat is more suited for crime than Bitcoin, dirty politicians can have money move around in fiat and hide it because they are in power but the blockchain is public, is there any point you guys can contribute to add up?
It is not his fault, a 14 years old child won't be able to comprehend easily what most adults are finding difficult to understand. Don't avoid his ignorance, start from now to explain Bitcoin and how to use it. Everything about the internet isn't true, the internet knows how to mix up both  truth ideas and those that contradicts the real idea.

Government can decide to print huge bulk of money and keep it in a ware house. Fiat is far worse what to compare with Bitcoin as transactions are recorded in a public ledger while fiat is centralized and every transactions can be hidden and mishandled just to favor one side.



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September 27, 2025, 10:11:23 PM
 #28

is there any point you guys can contribute to add up?
I won't put a lot of convincing explanation to that person. Just give him the usual ones that you know and let him decide whether he's going to invest in bitcoin or not. Because what matters there is he understands what he invests on it and if there's a belief from him that bitcoin is being used for illegal matters just like fiat, it's hard to twist that belief from him and he's not wrong with that. Because it all started from that when bitcoin was still new although things have changed a lot already and he needs to understand that as well.

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September 27, 2025, 10:22:50 PM
 #29

It’s a common first impression to see Bitcoin linked with crime online but that’s because sensational headlines sell better than balanced reporting. The reality is, studies from Chainalysis and even government agencies show that illicit transactions in Bitcoin account for less than 1% of total volume today.

 Compare that to fiat, where trillions move yearly through banks in money laundering and corruption scandals,  yet it doesn’t make the evening news the same way. Bitcoin’s transparent ledger actually makes it harder for criminals to hide compared to opaque fiat systems. Beginners just need to look beyond the headlines.

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September 27, 2025, 10:34:55 PM
 #30

This is the reason why you don’t have to stick to a single source or site but it’s more preferable to go on multiple sources so that you can compare their datas and make your own conclusion by the end of your research. This isn’t just for bitcoin but even in other words or terminologies, that’s why it pays to make a careful and proper research.

Also, what do you expect when we all know the government does not support bitcoin. Of course, bitcoin gains the negative impact while fiat remains to claim the positive spot.

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September 27, 2025, 11:09:41 PM
 #31

We had a talk about Bitcoin and I asked why he is not in bitcoin yet he said the Internet says is money suited for crimes I did some research myself and I found the same thing online.

Tool for illicit activities: Bitcoin's pseudonymous nature and decentralized structure have made it a favored tool for criminals involved in money laundering, terrorism financing, drug trafficking, and ransomware attacks.

This is why my home boy don't want to get involved with Bitcoin, I don't want to say much because I am considering his age, he is still 14 years old and he is spending money on useless things, it was where the idea came from, I mean the whole talk about Bitcoin.

I told him that Fiat is more suited for crime than Bitcoin, dirty politicians can have money move around in fiat and hide it because they are in power but the blockchain is public, is there any point you guys can contribute to add up?
These are the information the internet passes around to people and the innocent users of the internet fall victim of them, and that is why some persons still have an ugly mindset towards bitcoin and when you are trying to disprove their believe about bitcoin they still don't believe because they so much believe in what the internet has said, I want to believe that these are people against bitcoin .

What you did is wright by not going further to explain to him because of his age, since he will not be able to control money, but I believe that as soon as he knows the truth about bitcoin, he will come back to you.

The way bitcoin has gone wide globally, I still don't know why people still rely and believe in most internet information, knowing fully well that some of their informations are wrong.

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September 28, 2025, 01:57:09 AM
 #32

I told him that Fiat is more suited for crime than Bitcoin, dirty politicians can have money move around in fiat and hide it because they are in power but the blockchain is public, is there any point you guys can contribute to add up?

When comparing these crimes, remember how many people have been helped by Bitcoin. Isn't fiat currency the same? I think it's the same. Fiat is also very easy to use for crimes, and transactions are even easier because it's already globally recognized. Remember, they don't know Bitcoin specifically, so many say it's dangerous. Information on the internet isn't always accurate, so do your research before drawing conclusions. Many individuals dislike Bitcoin, creating negative narratives about it.



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September 28, 2025, 02:53:32 AM
Last edit: September 28, 2025, 03:04:33 AM by Marvell1
 #33

I told him that Fiat is more suited for crime than Bitcoin, dirty politicians can have money move around in fiat and hide it because they are in power but the blockchain is public, is there any point you guys can contribute to add up?

Both fiat and bitcoin are unrelated and not for crime. Because both are just tools, while crime is human behavior. That means if you have bad intentions or corrupt intentions, you can commit crimes using any tool you want.

Misinformation about bitcoin on the internet is also due to human behavior, bitcoin haters are spreading negative information about it. It's not the internet's fault, it's the bitcoin haters' fault.

Likewise, you are imparting your wrong knowledge about fiat to him. It's your fault, not fiat money's.

We should not be biased and distort the truth like bitcoin haters, and spread misinformation. It will create huge consequences. Both fiat and bitcoin were created to serve people, neither currency was created to serve illegal activities.

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September 28, 2025, 03:32:23 AM
Merited by fillippone (1)
 #34

Bitcoin is labelled that way on the Internet but that doesn't necessarily mean that Bitcoin is for crime activity, there are thousands of people using Bitcoin and there are benefitimg from its ability too to be used as a means of store of value which have gave so many people financial freedom. When it comes to the aspect of abusing currency, not one is left out thats why even the fiat is used for smuggling and laundering but the ignorant society have painted and dented this trait to only Bitcoin which is very bad. For me I think with time many will have the eye opener about Bitcoin and I pray that time isn't all that late for most perons to start regret.
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September 28, 2025, 05:59:19 AM
 #35

Fiat and Bitcoin are just tools. That will depend on how you use both. If you use it for good, you will not get any problem and vice versa. You can let your friend don't want to interfere in Bitcoin and let him choose whatever he wants. You just need to focus on yourself and accumulate more Bitcoin because that is your goal.

People can use fiat and Bitcoin for criminal reasons but we don't know how they do that. If they can hide the way, they will be free to use fiat or Bitcoin for their own reason. Your friend needs to research more so he can understand the reason.

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September 28, 2025, 07:55:27 AM
 #36

Yeah.

Honestly I rarely heard financial advisors or medias who talking about invest in stock will make you lose, but I hear more the good news about stock can earn 7% per year. However in my experience, investing in stock was disaster, the stock I invested got delisted from the market lol.

Based on what you said, I guess it's because financial experts often use the US stock market as an example. Because it is one of the largest and most profitable financial markets in the world, and has created many billionaires in the world over the past decades. But unfortunately, not everyone can access the US market due to legal and regulatory issues, and many people invest in local stocks which have higher risks and less than expected results.


While Bitcoin, it's mostly high risk asset, use for criminal or something that can't be "trusted".

Despite like that, I believe overtime people will learn.

I think this is outdated news, and if we search about bitcoin these days. These news will no longer appear on the first page of search results unless you intentionally use search keyword " bitcoin with criminals". Only then will old news be displayed.

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September 28, 2025, 08:19:23 AM
 #37

We had a talk about Bitcoin and I asked why he is not in bitcoin yet he said the Internet says is money suited for crimes I did some research myself and I found the same thing online.

Tool for illicit activities: Bitcoin's pseudonymous nature and decentralized structure have made it a favored tool for criminals involved in money laundering, terrorism financing, drug trafficking, and ransomware attacks.

This is why my home boy don't want to get involved with Bitcoin, I don't want to say much because I am considering his age, he is still 14 years old and he is spending money on useless things, it was where the idea came from, I mean the whole talk about Bitcoin.

I told him that Fiat is more suited for crime than Bitcoin, dirty politicians can have money move around in fiat and hide it because they are in power but the blockchain is public, is there any point you guys can contribute to add up?




Some people are impossible to convince. Facts do not matter to them because they already have made up their minds before the conversation even began. But there is a way to get through to them. What you have to do is connect Bitcoin to something he likes. If he is all about transparency, he would prefer the publically viewable and retraceable Bitcoin transactions over fiat.



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September 28, 2025, 08:20:33 AM
 #38

---
Tool for illicit activities: Bitcoin's pseudonymous nature and decentralized structure have made it a favored tool for criminals involved in money laundering, terrorism financing, drug trafficking, and ransomware attacks.

This is why my home boy don't want to get involved with Bitcoin, I don't want to say much because I am considering his age, he is still 14 years old and he is spending money on useless things, it was where the idea came from, I mean the whole talk about Bitcoin.

I told him that Fiat is more suited for crime than Bitcoin, dirty politicians can have money move around in fiat and hide it because they are in power but the blockchain is public, is there any point you guys can contribute to add up?
Well, it's good that you said that Fiat on the other hand is being used in dirty things as well, just like Bitcoin.

Nowadays, there really are lots of misinformation online compared to how many it is back when I'm still starting to learn about Bitcoin. I'm always suggesting to newbies out there to watch documentaries with regards to Bitcoin, but I don't even know if these documentaries will give legit or fake information as well. That helped me though so I still believe that there are some videos out there that are giving out LEGIT information to newbies.

At the end of the day, it's your homeboy's choice on whether he will involve himself into Bitcoin or not. Sometimes, your success can attract him so if you're persistent in letting him into crypto, maybe showing some of your profits to him will make him consider on whether he will try it or not. What's good is that he knows that a thing such as Bitcoin is existing at such a young age already. When I was in his age, I don't even have any knowledge about investing in general, let alone Bitcoin or cryptocurrency.

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September 28, 2025, 04:17:59 PM
 #39

We had a talk about Bitcoin and I asked why he is not in bitcoin yet he said the Internet says is money suited for crimes I did some research myself and I found the same thing online.

Tool for illicit activities: Bitcoin's pseudonymous nature and decentralized structure have made it a favored tool for criminals involved in money laundering, terrorism financing, drug trafficking, and ransomware attacks.
In many years, Bitcoin was attacked by many people as a tool for crimes but you can guess that people who hate Bitcoin will try their best for preventing its adoption growth.

All these criminal activities can be seen in all industries, just more or less, and you can see it in cash, bank transfers, gold deals, and more. So it is not reasonable for using it to attack Bitcoin if we are not Bitcoin attackers, we can easily see it as non sense attacks.

It can be proven with more data and details in a report on Crypto Crime (2025) from Chainalysis.

Fortunately with Internet, you can check, double check, and cross check information from different search engines and resources.
https://endthefud.org/justice

Let's not forget that there are also some people with big loads of money who hated Bitcoin for few years and suddenly they started supporting Bitcoin, I think they knew how great Bitcoin was going to become, they intentionally spread FUD so that they can cause some panic in the market and secretly start buying some Bitcoin.

There is no rich man that will be stupid enough to fade Bitcoin, they can only pretend that they don't have it just to slow the adoption down a bit and give them enough time to accumulate for themselves.

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September 28, 2025, 05:07:52 PM
 #40

I told him that Fiat is more suited for crime than Bitcoin, dirty politicians can have money move around in fiat and hide it because they are in power but the blockchain is public, is there any point you guys can contribute to add up?

Any tools or things created by man can be used in both good and evil.  Medicine that is created to cure can poison a person if overdosed.  From it depends on the person using this tool and Bitcoin being a currency is neutral on its own.  Those who use it to do evil are the culprit just like how these criminals use fiat currency to pay people on doing their bad things.  Aside from that, cash due to its long time use and global adoption have way more record than Bitcoin if we are talking about being used to illicit activities. 

So, in short, we can tell that kid that Bitcoin, just like cash, can be used to do good and bad things, it all depends on the person holding it.

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