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Kate

Man caught for buying drugs with bitcoins

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Heya dicers , 

And now we got another localbitcoin trader that has been arrested. A guy by the name Thomas Mario Costanzo had been arrested for money laundering and for buying drugs. 

It was said that two agents disguised as drug dealers were given bitcoins by Thomas Mario Costanzo to buy drugs.

Damn that agents smarty pants. 

What are your thoughts ? 

Source https://news.bitcoin.com/us-court-seizes-btc-bitcoin-trader-jail/

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The black market is the cornerstone of Bitcoin's fortune...  As the petro-dollar is the lifeblood of the cocaine industry. Nothing new here, just a bit of mud being slung. :P

besides , . It's the only way some people can access certain substances-- moreover it is a much safer way to do business, and the purity is higher. ;)

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On 04/08/2018 at 09:12, Kate said:

Heya dicers , 

And now we got another localbitcoin trader that has been arrested. A guy by the name Thomas Mario Costanzo had been arrested for money laundering and for buying drugs. 

It was said that two agents disguised as drug dealers were given bitcoins by Thomas Mario Costanzo to buy drugs.

Damn that agents smarty pants. 

What are your thoughts ? 

Source https://news.bitcoin.com/us-court-seizes-btc-bitcoin-trader-jail/

Many of the newcomers in the "bitcoin world" don't really know that bitcoin has been used a lot for these things before and they still are used for it. It is all because of the protection and incapability to track down the money. Before people starting to find out what BTC is, only thieves, drug dealers and other people used it to do illegal transactions, the market of bitcoin being made only out of this kind of people. Nowadays, they aren't that many in percentage, as there are more normal people investing in bitcoin for profit, but there are for sure more people that are using it for illegal purposes. If in 2011 bitcoin has been used for illegal thing in proportion of 99% (with a market of a few people), nowadays it is used in proportion of lets say 10% (more or less) with a huge base of people.

The numbers are just as an example and the year too to be clear the differences of the bitcoin before and today, but the main thing is that it was and still is used a lot only for illegal stuff.

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its smart, buying drugs using bitcoins to manipulate the transactions 

Yeah , unfortunately they still caught by the Police :) 

but why should they use their btc for buying drugs? why not using BTC for buying some vegetables and pay the Gym :P 

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12 minutes ago, davincuy said:

its smart, buying drugs using bitcoins to manipulate the transactions 

Yeah , unfortunately they still caught by the Police :) 

but why should they use their btc for buying drugs? why not using BTC for buying some vegetables and pay the Gym :P 

Well, not everybody is into a healthy life so, they would prefer buying drugs than other healthy things :D

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1 hour ago, skywallkee said:

Well, not everybody is into a healthy life so, they would prefer buying drugs than other healthy things :D

Yah you're right. i hope everyone who has a bad habit will realize how important to take care their self to be Healthy

But, i think its good to buy some drugs for awhile :P 

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3 hours ago, wilburwilbur said:

The anonymity of transactions is the ideal reason why they use bitcoin as a mode of payment. Not just with illegal drugs

Welcome to the dark side of bitcoin

Well what can we do it is really sad that a thing we love so much can be used in a bad way

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