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❓ASK Bitcoin has increased criminality

Bitcoin is black Gold and touchless Diamond ,its best and most popular currency where its prise have reached more that 6000$ once time,it has increased some criminality by annonymous transaction to hackers ,criminals etc however criminality was also there when bitcoin was not introduced and ISIS was also there before bitcoin !!.
 
My speculation is that this could be one possibility of the mafia and rich people adding the money. For example those who want to do the money laundering, they can use cryptocurrency. And this will help them secure funds. You can then go to another country, take the money down. Nobody can find the traces. And then it's easy to work around with that money. I personally think that lot of criminal funding is stored in current value of bitcoin.
This could be possible, since bitcoin transaction is unknown, it so much easier to gain bitcoin and then after time, you can launder it putting it to other business to make it legal, but maybe today is anonymous we cannot sure that the day after tomorrow is making bitcoin transaction would be not unknown. Who else knows.
 
I believe this assertion is true because of the anonymity attached to Bitcoin transaction a lot of people are into money laundering through it.In my country top government officials have been arrested for money laundering through the use of Bitcoin
 
I believe this assertion is true because of the anonymity attached to Bitcoin transaction a lot of people are into money laundering through it.In my country top government officials have been arrested for money laundering through the use of Bitcoin

Yes,because the price of the Bitcoin is skyrocketed in a short period of time,this attracted many people's interest.It is a great business opportunity,it is very rare,that you invest in something,and this multiplies 3x in a year or so.It seems that doing transactions with cryptocurrencies is not so anonymous...
 
Bitcoin is not evil.The people who use it for shady purposes are evil.If someone uses dollars to pay a hit man do you blame the money?The media is on a rampage to damage btc's reputation because its a rival to its own currency.And a majority of people fall for it.They could just legalize it and track it but they don't.Have you wondered why?They like to blame it for all the things that have no connection to btc and theyr own incompetence in catching criminals.Plus,if someone wants to do a shady transaction type deal,we have many other coins that you can not track,ever ,like Dashcoin,etc.Why would people use BTc?this is just propaganda by the media.
That is so true.People should stop blaming the cryptocurrency.. like its basically like paper currency just more anonymous at this point but people are those who should be blamed not the currency. We need to be educated to not do criminal things and thats how we solve the problem.Its all about education.
 
That is so true.People should stop blaming the cryptocurrency.. like its basically like paper currency just more anonymous at this point but people are those who should be blamed not the currency. We need to be educated to not do criminal things and thats how we solve the problem.Its all about education.
You are absolutely right.People should not blame cryptocurrency.Bitcoin has helped many people to be rich or at least to assure some income every month.Not everybody is using them for unethical purposes.
 
Bitcoin market is a troll market. And it seems like bitcoin cash is doing the trolling right now. and the price seems to be increasing there. I think cash from bitcoin market and the way it is rising seems to be doing good lately. but it is going to be short term. old bitcoin is still stronger. and there seems to be really good option for it to grow. I'd say people who are investing in old bitcoina re profitable. thouogh it will go high and down but it's good.
 
I want to make some research about Bitcoin cash.This is somewhat new to me,and I don't know the difference between Bitcoin and Bitcoin cash.I can imagine what it is,but I want to know exact details about it.The fluctuations of the value of Bitcoin are a good source of income for many traders.
 
Yea true because money washers are more active and many users are using sites which are not allowed in their country because of bitcoin.Also because therorist organstions are getting money from some rich guys which want only to make wars and make a big hell in world but idk why they have that in their heads.Mafia is using also bitcoin and also it is used in black market.
They do that because they want power. Anyone who wants power and has a bad intention can use Bitcoin to transfer money more anonymously than usual but as I talked before... its not bitcoin's fault.. People are the ones to blame about doing such stuff.
 
Yes,totally agree.Yes,the Bitcoins transactions are anonymous,and that is a very good thing.But some people are taking too much profit from it and using them for not so ethical purposes.
 
Yes yet to see the private crypto to turn into better secure wallet. You remember the wannacry ransomware? that was made by some hackers. and they wanted payment in bitcoin. which they traded to the private address on some private cryptocurrency. and that is how they have managed to increase the crime around. so it seems like there are some of the people who may get into all of this all because of bitcoin.
Yeah ransomware wasn't even a huge thing in the past and now its way more common because of the ability to trade many currencies and literally go anonymous . People are those who created the bitcoin and people are those who are ruining it :D
 
Hope,that Bitcoin will stay for a long time on the market and will become stronger,as the year passes by.Bitcoin has a great future,and hope,that it won't be taken in count,that some people are misusing it,and will be continuously appreciated.
 
I think some people may use cryptocurrencies to do illegal activities. They can't do this will real money else they will be caught. I think this is the reason many countries have warned against the use of cryptocurrencies.
 
I think,that that is the main reason,most of the countries are bringing up as a motive,to ban Bitcoin permanently or temporarily.Anyway,I think,who was doing unethical things with cryptocurrencies will find some ways to continue his activity,that will not stop him.Just as some people are doing unethical things with real cash.
 
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?
It may be happen no doubt as one cant sent money without any permission or no barrier . No one can look or have to pay any tax or other fee to pay the money. One can easily patronize the criminals by giving lots money money. so in crypto currency transaction some rules and regulations must me introduced to protect the criminality .
 
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?
Hello i read before an article that they use bitcoin for Illegal Activities like selling Drugs and thiers a websites that catering into selling prohibited drugs its a black market for mafias and they buy and sell using Bicoins even you can hired a hitman online using bitcoins too!
 
Hello i read before an article that they use bitcoin for Illegal Activities like selling Drugs and thiers a websites that catering into selling prohibited drugs its a black market for mafias and they buy and sell using Bicoins even you can hired a hitman online using bitcoins too!
There are people,who are doing all those things with real cash too.But I don't think,it is happened before,that somebody wanted to prohibit the real cash for that reason.Yes,Bitcoin is anonymous,but even if somebody does that with fiat ,will not be traceable.Who can prove,that the cash was the property of the person,who did unethical things?
 
Yeah ransomware wasn't even a huge thing in the past and now its way more common because of the ability to trade many currencies and literally go anonymous . People are those who created the bitcoin and people are those who are ruining it :D
Yes also monero is even more secure and encrypted currency. nobody knows who owns the wallets. so that's something even more secrete. and most of the ransomware companies own that. I'd surely say that it'd be reasonable to make use of the bitcoin in such case. but it gives you understanding that your money is not safe with the banks and the places where they are sending the virus etc. that's the thing people have to understand.
 
I read some expert who are not that into bitcoin future,and maybe they are right.I think today is better to choose altcoin then bitcoin.Altcoin have future,look how much litecoin price go up.As for future of all crypto money,i think all states will make crypto money.I guess you heard that Russia is starting their own,China also,so i guess,as usual all country will try to have ,local crypto money.As usual for capitalism,if they see something that can use,they will try to use that,and,no one will stop them.I guess i'm just waiting when Bank of America will launch their own crypto coin.
Good one, I can assure you that if every country decide to have it own coin definitely paper currencies will fade away and there will be need for unified currency which will definitely be bitcoin.
 
Good one, I can assure you that if every country decide to have it own coin definitely paper currencies will fade away and there will be need for unified currency which will definitely be bitcoin.
Interesting point of view,and you might be right about it.Maybe in the near future many countries decide to have their own cryptocurrencies.I don't know,how this will affect Bitcoin.Maybe it will be accepted as generally payment method all around the world.The future will decide it.
 

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