Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Domithra on April 02, 2018, 04:19:28 AM

Title: Bitcoin being used by Hackers and Terrorists
Post by: Domithra on April 02, 2018, 04:19:28 AM
There have been articles on how hackers and other terrorist support their initiatives with Bitcoin. I believe you have also come across a few of such articles. But the question is, does that mean we should ban Bitcoin?
In my opinion, the answer is 'no'. Just as the internet, it has its good side and the bad side but the good side always overrides the bad side. Bitcoin is just a medium of exchange which can be used by everyone on the internet. It is serving its purpose as a cryptocurrency.
What do you think?
Title: Re: Bitcoin being used by Hackers and Terrorists
Post by: RianDrops on April 02, 2018, 04:24:43 AM
No, we must not ban bitcoin just because of that! That's idiocy if so! We need to analyze properly the situation and not taking baseless reasons.
Title: Re: Bitcoin being used by Hackers and Terrorists
Post by: Domithra on April 02, 2018, 04:28:10 AM
No, we must not ban bitcoin just because of that! That's idiocy if so! We need to analyza properly the situation and not taking baseless reasons.
The ban is so unlikely to happen anyway. But do you think there is a way to check this terrorists using Bitcoin as a means to fund their initiatives?
Title: Re: Bitcoin being used by Hackers and Terrorists
Post by: RianDrops on April 02, 2018, 04:37:32 AM
No, we must not ban bitcoin just because of that! That's idiocy if so! We need to analyza properly the situation and not taking baseless reasons.
The ban is so unlikely to happen anyway. But do you think there is a way to check this terrorists using Bitcoin as a means to fund their initiatives?

Yes, if we just know their addresses. To look up a bitcoin transaction, users can visit https://blockchain.info and use the search bar on the upper right to learn more about a particular bitcoin address, transaction hash, or block number by entering it in the search field. Thus, we can know who these scumbags are.
Title: Re: Bitcoin being used by Hackers and Terrorists
Post by: Lyfuuuuu on April 03, 2018, 06:13:21 PM
There have been articles on how hackers and other terrorist support their initiatives with Bitcoin. I believe you have also come across a few of such articles. But the question is, does that mean we should ban Bitcoin?
In my opinion, the answer is 'no'. Just as the internet, it has its good side and the bad side but the good side always overrides the bad side. Bitcoin is just a medium of exchange which can be used by everyone on the internet. It is serving its purpose as a cryptocurrency.
What do you think?

If bitcoin is being use by hackers and criminals to fund their illegal needs or transaction, and bitcoin will be ban with that kind of happenings, then we need to ban our real money right? As you can see when bitcoin wasn't invited yet, real money is the one that supports their illegal doings. It'll be hard to ban bitcoin.
Title: Re: Bitcoin being used by Hackers and Terrorists
Post by: felixesteban on April 05, 2018, 10:10:10 PM
The same goes for the fiat money. Essentially crypto world is more transparent than fiats due to fact that KYC process has required and exchange acoounts
Title: Re: Bitcoin being used by Hackers and Terrorists
Post by: kogs05 on April 12, 2018, 07:56:29 AM
There have been articles on how hackers and other terrorist support their initiatives with Bitcoin. I believe you have also come across a few of such articles. But the question is, does that mean we should ban Bitcoin?
In my opinion, the answer is 'no'. Just as the internet, it has its good side and the bad side but the good side always overrides the bad side. Bitcoin is just a medium of exchange which can be used by everyone on the internet. It is serving its purpose as a cryptocurrency.
What do you think?
Thats true, that is one reason why bitcoin is surging,there are  some people using bitcoin into illegal activity like funding terorism,buying drugs using bitcoin.Its hard to detect them Because the decentralization of bitcoin. That not a big deal to ban bitcoin in every country theres a good people using bitcoin they used it for a good reasons only few are doing illegal.
Title: Re: Bitcoin being used by Hackers and Terrorists
Post by: Heronzkey on April 16, 2018, 03:40:33 AM
They can use all the people around the world and especially if you have money here, no hackers can and can not even use a terrorist.
Title: Re: Bitcoin being used by Hackers and Terrorists
Post by: jdcruz1412 on April 16, 2018, 01:27:47 PM
It might be true that some hackers or terrorists use bitcoin to fund their illegal activities but still I think that bitcoin shouldn't be banned. Like you said bitcoin has a good side and it also has a bad side and that will depend on the person who is using it. Hackers and terrorists had done their illegal activities even before bitcoin existed and thus banning bitcoin wouldn't stop them from doing so because they will just find another way even without bitcoin.
Title: Re: Bitcoin being used by Hackers and Terrorists
Post by: Cordillerabit on April 16, 2018, 02:30:38 PM
For me No  because bitcoin is not anonymous i think much they used is ZCASH, DASH, OR MONERO
Title: Re: Bitcoin being used by Hackers and Terrorists
Post by: mzainullah on April 18, 2018, 12:26:16 AM
before bitcoin appears there is already a terrorist is just an issue that puts bitcoin on it to aggravate the situation
Title: Re: Bitcoin being used by Hackers and Terrorists
Post by: moonking on September 03, 2018, 01:35:46 AM
There have been articles on how hackers and other terrorist support their initiatives with Bitcoin. I believe you have also come across a few of such articles. But the question is, does that mean we should ban Bitcoin?
In my opinion, the answer is 'no'. Just as the internet, it has its good side and the bad side but the good side always overrides the bad side. Bitcoin is just a medium of exchange which can be used by everyone on the internet. It is serving its purpose as a cryptocurrency.
What do you think?

It's a lame excuse to keep bitcoins away I think, cash is used by illegal activities everyday, and it's not banned.   
Title: Re: Bitcoin being used by Hackers and Terrorists
Post by: sugarchrisp on September 03, 2018, 03:58:00 AM
Regular money is used by hackers and terrorists too.  It's kind of impossible to stop criminals from using tools like money and other things, so this is kind of a moot point in my opinion.
Title: Re: Bitcoin being used by Hackers and Terrorists
Post by: altcoingamer on September 03, 2018, 04:47:08 AM
I think even being used by hackers and terrorists could be positive price action.. since hackers and terrorists have lots of money... All seriousness aside though like others say all forms of money are used for illegal activity
Title: Re: Bitcoin being used by Hackers and Terrorists
Post by: Doctor on September 03, 2018, 05:26:17 PM
There have been articles on how hackers and other terrorist support their initiatives with Bitcoin. I believe you have also come across a few of such articles. But the question is, does that mean we should ban Bitcoin?
In my opinion, the answer is 'no'. Just as the internet, it has its good side and the bad side but the good side always overrides the bad side. Bitcoin is just a medium of exchange which can be used by everyone on the internet. It is serving its purpose as a cryptocurrency.
What do you think?

I think It is possible, because Bitcoin is anonymous. But Bitcoin also have many advantages for investor and trader.
Title: Re: Bitcoin being used by Hackers and Terrorists
Post by: Fenix on September 04, 2018, 06:49:07 PM
And more than 99 percent of the bitcoin is used by normal people for the functions for which it is intended. Recent studies conducted in the European Union have shown that bitcoin for illicit purposes is used in 0.67 percent of cases. You can say  that this figure is generally minimal, so there is no cause for concern on this issue.
Title: Re: Bitcoin being used by Hackers and Terrorists
Post by: Zed0X on September 05, 2018, 05:44:53 AM
There have been articles on how hackers and other terrorist support their initiatives with Bitcoin. I believe you have also come across a few of such articles. But the question is, does that mean we should ban Bitcoin?
In my opinion, the answer is 'no'. Just as the internet, it has its good side and the bad side but the good side always overrides the bad side. Bitcoin is just a medium of exchange which can be used by everyone on the internet. It is serving its purpose as a cryptocurrency.
What do you think?

Before Bitcoin, hackers and terrorists used fiat in their operations. Why was fiat not banned yet? Anyway, we all agree that bitcoin is not banned, it is just up t the users how they will use it.
Title: Re: Bitcoin being used by Hackers and Terrorists
Post by: aiviaa485 on September 05, 2018, 08:24:01 AM
In fact, the Bitcoin rights are owned by the owner, but Bitcoin is still the item used by the owner.
Bitcoin cannot be banned, but human consciousness is aligned so that the use of Bitcoin cannot be done for hacking and terrorists
Title: Re: Bitcoin being used by Hackers and Terrorists
Post by: Master107 on September 05, 2018, 10:42:17 AM
If we banned bitcoin because of them, it is our mistake to let it be done. You know there are also good sides with regards of bitcoin to our society which gives us decent life to many people. Millions of people now are involved with cryptocurrency and making business with this.
Title: Re: Bitcoin being used by Hackers and Terrorists
Post by: rizqillah on September 05, 2018, 02:28:27 PM
There have been articles on how hackers and other terrorist support their initiatives with Bitcoin. I believe you have also come across a few of such articles. But the question is, does that mean we should ban Bitcoin?
In my opinion, the answer is 'no'. Just as the internet, it has its good side and the bad side but the good side always overrides the bad side. Bitcoin is just a medium of exchange which can be used by everyone on the internet. It is serving its purpose as a cryptocurrency.
What do you think?

In my opinion, I think It can happen, because bitcoin ia secure and pesudo anonymous. Hacker and terorist can use bitcoin.
Title: Re: Bitcoin being used by Hackers and Terrorists
Post by: Bram Manis on September 06, 2018, 05:18:32 AM
with the nature of anonymous crypto, this is making it hard to track, it feels that ultimately appears slanted news. basically, everything that has a good side and bad depending on the corner where we look, how we use it, not just the wrong bitcoin users who abuse. for that use everything especially bitcoin and crypto with a good and positive thing, this is for the good of crypto as well.
Title: Re: Bitcoin being used by Hackers and Terrorists
Post by: expander on October 26, 2018, 10:37:26 AM
That is a negative issue that I have heard so that the government in my country prohibits using bitcoin for transactions. I think that is only the work of some people who are trying to drop bitcoin to the lowest level for profit.
Title: Re: Bitcoin being used by Hackers and Terrorists
Post by: kevinjulio on October 26, 2018, 10:30:06 PM
assessment of the bitcoin occurs in accordance with how the holder of the bitcoin it use it. These are just some of the possible uses for positive things is very much. the use of the bitcoin with like this certainly very troubling.