You know when the word hacker was invented... it had other meaning, which is DOING GOOD. The thing is that other people which have bad behavior decided to use the word hacker and do bad things with it and that's why we all now are afraid of the word hacker.Yes you can say so because hackers, attackers use it to get payments through it because of its anonymous payment processing system. The latest 'Wannacry' ransomeware attack is a horrific example of it.
It seems absurd to me,to make such a statement.I think that somebody started saying this who doesn't love very much the Bitcoin.Recently I read on the internet that Bitcoin is the reason for criminality increase.I wonder how that could be possible ? What made bitcoin increase the criminality rate?
Yes, I have personally did a course on hacking from a reputable institution. The choice of work is wrong.You know when the word hacker was invented... it had other meaning, which is DOING GOOD. The thing is that other people which have bad behavior decided to use the word hacker and do bad things with it and that's why we all now are afraid of the word hacker.
What you are saying is also true. I am also one of the benefactor of Bitcoin booming and I am holding 0.2 BTC. But the fact that the transactions of recent ransomeware attack 'Wannacry' was done through Bitcoin can't be denied.It seems absurd to me,to make such a statement.I think that somebody started saying this who doesn't love very much the Bitcoin.
Bitcoin is a value like Dollar, or gold.
It seems absurd to me,to make such a statement.I think that somebody started saying this who doesn't love very much the Bitcoin.
Bitcoin is a value like Dollar, or gold.
Yes you can say so because hackers, attackers use it to get payments through it because of its anonymous payment processing system. The latest 'Wannacry' ransomeware attack is a horrific example of it.
Crypto-currencies, and Bit Coin in particular, have become a magnet for money laundering in organized crime circles. This is highly unfortunate as it could be used as a semi-legitimate excuse to crack down on these currencies in developed economies once they become a threat to the established national currency. I would expect at some point in the future we'll see either forced national regulation of crypto-currencies, or an outright ban on their use.
What I'm saying is that people involved in crimes can easily cashout.. the only thing u need is Internet and you can cashout your money via BTC - USD exchange websites. So in my opinion , crime groups or so called gangs can be more tough to catch .In general, maybe it's true, but the amount is medium, because it's hard in some countries to cash out BTC and pay to gang members and so on.
It's more one person theater than huge group activity. And cash was flowing before in crime trough different schemes , before BTC was in use or you think that crime birth is same as cryptocurrency birth?
What I'm saying is that people involved in crimes can easily cashout.. the only thing u need is Internet and you can cashout your money via BTC - USD exchange websites. So in my opinion , crime groups or so called gangs can be more tough to catch .
You have a point there , my friend . People who wanna buy drugs now can simply pay with BTC or any other cryptocurrency which means they don't handle the money to the sellers in person and the drugs can be shipped by a middleman which makes the job for the police even more tough.My only objection to Bitcoin is its ability to facilitate criminal transactions in the Deep web.
back in the days, if somebody wants to purchase drugs, he has to go out and meet the dealer physically, so he has to meet certain conditions to do so, like being able to run when the police embark, now everyone can buy drugs and all the illegal goods imaginable from the comfort of his home, a 10-year-old kid could do that easilly, so, it's a paradise found for dealers.
Our internet as we know it is nothing compared to the deep web, and this issue needs to be solved quickly or it would be the death of cryptocurrency in general, not just Bitcoin.
Only problem is corruption that make things longer/harder, but today is so easy to spy after people by their device if you will be suspected and live like medium payed worker without work :)
It's so easy check and follow your real life transactions bank/shop bills and make puzzle together, only hard part is to get papers for legal spying :)
You buy it to some wallet with address, every next transaction have address, if you know address you can track information. Yeah i agree it's hard to get instantly something, but all transactions is saved and you just need to find right one.Cryptocurrency makes it possible for you to buy the currency and avoid any traces of it being used
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