https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/Would you believe that the existence of bitcoin has increased the number of criminality in some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities.
This just shows that as bitcoin develops both advantages and disadvantages will tag along.
I find it hard to believe. In our country it's the opposite actually. The crime rate decreases, because people who were desperate to find jobs resulted to bitcoin, so now they just do bitcoin. However, there are still cyber crimes reported such as scamming.
Bitcoin is simply an opportunity, a door and a new way. It is not fair when you view it only a tool for criminals to scam people.
Have you heard of skimming? It is an electronic method of capturing a victim's personal information used by identity thieves.
For example, when you use your debit/credit card to withdraw money from the ATM scammers will capture the data and use it to steal your money.
So do you think that ATMs are bad in general? Just because thieves found a new way to steal people's money?