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Nerazzura (OP)
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June 18, 2014, 02:50:23 PM
Last edit: June 20, 2014, 04:21:30 PM by Nerazzura |
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online currency bitcoin can basically be used for various transactions. For example, for legal transactions such as wordpress.com, Galatic virgin airways, republikhost.com, and various social donations like to wikileaks.
On the other hand, the digital currency can be used for the benefit of a greater portion of illegal internationally. Illegal acts that include money laundering, gambling, drugs, and even protitusi.
But it is possible if in the U.S. ensued with bitcoin money laundering. If there are politicians who commit this crime, the police will be very difficult to handle. Unless, if they cooperate with or exchanher bitcoin users who understand the concept of bitcoin
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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fonsie
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June 18, 2014, 05:54:00 PM |
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What?
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I decided to no longer use a signature, because people were trolling me about it.
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spazzdla
Legendary
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Activity: 1722
Merit: 1000
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June 19, 2014, 01:18:08 PM |
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Op... what the what?
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bitcoin_bagholder
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June 19, 2014, 02:14:26 PM |
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hmmmmmmm
I'm speechless, Nerazzura
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Bitmixer sucks
Bit-X sucks
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bitcoin_bagholder
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June 19, 2014, 02:17:21 PM |
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I also now have a headache.
Thanks, Nerazzura
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Bitmixer sucks
Bit-X sucks
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Febo
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June 19, 2014, 08:37:55 PM |
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You can mine Orphan block, they are corrupted, so there you have BitCoin Corruption.
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djjacket
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June 19, 2014, 08:48:16 PM |
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The only thing I understood in that was the smileys at the end  |
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BitcoinLlama
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June 19, 2014, 09:15:20 PM |
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could do if someone money corruption. of the company could do until the government, however, my question whether to BTC had a chance to do so. this could happen also!! who could be categorized as a corruptor BTC and how anyone ? are included into it. give you a reason, friend wheter malicious hackers DUH!   |
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Jabbatheslutt
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June 20, 2014, 12:46:04 PM |
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OP please stick to posting in your native dialect.
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ljudotina
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June 20, 2014, 01:20:06 PM |
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This gotta be posting bot, or someone really really not into English. Bitcoin and corruption....ppl were corrupted even before money as we know it existed, so i dont see why ppl can not be corrupted with BTC (if that was OP's question)
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Jonton
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June 20, 2014, 02:33:48 PM |
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if someone could do with the money corruption. of the company until the government had a chance to do so. however, my question whether to BTC this could happen also?? and how anyone who could be categorized as a corruptor BTC?? wheter malicious hackers are included into it. give you a reason, friend   Nowadays the biggest corruption is not about giving money/fiat/Btc from point A to point B. It´s about to do / owe a favour. (Not trackable) And that´s why Transparency International is in my eyes a hypocritical tool to prevent lower (trackable) degrees of corruption, (Money-transfer) but not the real relevant kind of corruption as i wrote before. I think it is possible to discredit Bitcoin as a tool for corruption. It was possible to discredit Bitcoin as a tool for buying drugs and so on. The underlaying sense of that argumentation is to implement Bitcoin into the existing system with new rules (Registration Duty) by creating public pressure. |
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Nerazzura (OP)
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June 20, 2014, 04:12:30 PM |
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This gotta be posting bot, or someone really really not into English. Bitcoin and corruption....ppl were corrupted even before money as we know it existed, so i dont see why ppl can not be corrupted with BTC (if that was OP's question)
I'm sorry for my english. but it looks like the answer you've replied to my question. maybe next time, I'll fix it |
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okthen
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June 20, 2014, 04:44:54 PM |
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Money laundering will always exist. It will probably get harder with time (in what refers to bitcoin), but there will always be a way. Maybe a time will come where cash becomes the main vehicle for laundering |
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arbitrage001
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June 20, 2014, 06:57:41 PM |
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Money laundering will always exist. It will probably get harder with time (in what refers to bitcoin), but there will always be a way. Maybe a time will come where cash becomes the main vehicle for laundering Bitcoin is a poor form of medium for money laundering. IP address can be traced. Even if you use anonymous browser to conduct illicit activity, if you are not careful into divulging your shipping address (or near by address), authority will use the information to deduce your identity. And cashing out large amount of bitcoin anonymously will be difficult. Cash is still the best medium for money laundering. Trade off being it is hard to store bulk amount and you need to hire trusted personal to guard it. |
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Harley997
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June 21, 2014, 07:44:08 PM |
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Money laundering will always exist. It will probably get harder with time (in what refers to bitcoin), but there will always be a way. Maybe a time will come where cash becomes the main vehicle for laundering Cash has always been a primary vehicle for money laundering. It is my understanding that a greater number of bitcoin TX (in terms of percentages) are used for money laundering then cash is |
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OROBTC
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June 21, 2014, 08:11:49 PM |
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... "Money Laundering" = Any money you have that the government does not know about  Nerazzura: Parla italiano? |
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hloren70
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June 21, 2014, 09:17:44 PM |
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Whatever you are smoking, please send some my way  |
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AT101ET
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June 23, 2014, 01:10:51 PM |
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What?
Money laundering - completely annonymous coins... Basically DRK and a few others. All BTC transactions are recorded so everything can be traced back eventually.
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Erdogan
Legendary
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June 23, 2014, 01:18:42 PM |
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May be we want clean coins. What's the problem?
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Marlo Stanfield
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June 23, 2014, 04:17:28 PM |
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online currency bitcoin can basically be used for various transactions. For example, for legal transactions such as wordpress.com, Galatic virgin airways, republikhost.com, and various social donations like to wikileaks.
On the other hand, the digital currency can be used for the benefit of a greater portion of illegal internationally. Illegal acts that include money laundering, gambling, drugs, and even protitusi.
But it is possible if in the U.S. ensued with bitcoin money laundering. If there are politicians who commit this crime, the police will be very difficult to handle. Unless, if they cooperate with or exchanher bitcoin users who understand the concept of bitcoin
I don't think that it is nearly as easy for politicians in the US to hide money as you seem to think it is. Their finances are fairly public and moving large amounts in and out of bitcoin exchanges isn't going to help them evade the public eye as much you think. If you mean that they could take corruption payments directly in bitcoin, then yes, I see what you mean there. That does make it easier for them. But even so they still have to cash it out somehow, or buy things with the bitcoin. Or they could hold bitcoin if they felt that it was a sound investment. All and all, it's not much different than cash. A corrupt politician could accept a briefcase full of cash and have the same problems washing it as he would with washing the bitcoins he would receive instead. Also, using bitcoins requires a little bit of technical familiarity and a lot of the US politicians are well known for being technically inept. |
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