Topic: Apparently Talibans have been trading meme coins. (Read 135 times)

Well, that's not entirely true. The crypto space is currently moving towards building decentralized counterparts of almost (if not all) wisely used centralized crypto solutions.

So if talibans currently user a centralized service provider, there's a high possibility that they could do so with a decentralized solution in the near future.


I love what you said here. Crypto doesn't discriminate for sure. Whether black, white or mixed races, all are welcome. Almost everyone is hidden behind sequence of bytes called addresses or via PFPs unless  the addresses are tied  to a name service or doxxed some other way.

You know the Taliban trader is a degen when he said "made good money but lost it all". He made profit but didnt cashed out some of it.

Crypto is the only easy access for terrorists and people who are banned from international trade to carry out their financial activities. Don't be surprised that all these people are the ones using crypto more than us, because most of them don't have bank accounts based on their activities. I am not surprised because crypto is open for anyone who us ready to adopt it.

Who hasn’t traded meme coins at some point over the last few years. Terrorists like money top, I guess. All types of people are deep into crypto, it doesn’t matter if you’re a bad person or not, crypto doesn’t discriminate.

I always tell my friends to stay away from memes; they are short-term and made to make their developers filthy rich, and I agree that there's a possibility that terrorists are behind these memes. What I'm sure of is scammers are using this concept; after the ICO did not work anymore, its easy; they just find an animal where people can relate, give it a name, launch it and pump it, and voila, easy money.
As long as there are greedy newbies and ignorant investors, these memes will always have a market.

Memecoins are traded by scamsters all over the world! It's a great avenue for them to make money. I wouldn't be surprised if these memecoins have terrorist link. Same goes for NFTs. This entire NFT menace is a great avenue for money laundering. Any adult with a little bit of financial knowledge would understand that.

That's why it's not always safe to invest in memecoins and NFTs because you never know with whom you are dealing with.

I think you mean Anti money laundering (AML)?

Also Afghanistan government banned cryptocurrencies not long after the Taliban takeover the country. So I think this is what the Afghan government wants. A place where people are deprived of their rights and freedom. So this does not bother them at all.

It is worth knowing that cryptocurrencies can be traded without the need of exchanges.

Actually, this phrase is a common meme with self-deprecating humor. You use it when you either admit your mistakes, or make fun of the fact that hindsight is 20/20. In most cases people won't ever make money just by holding meme tokens. It doesn't matter if you are impatient or not.

Correct me if i am wrong, but it doesn't seem like you have read about what's coming, as you are talking about ways you can currently trade them. You can't prevent them on protocol level, but that's not what the regulations are about. We are on transition phase, and the ways that are working now, might not be effective in the future because of the proof of origin. Do yourself a favor and read about it so you can be prepared accordingly.

The internet and cryptocurrency are open to all, and this just confirmed that bad sectors or those marked as terrorists are benefiting from investing in cryptocurrency. This is the reason why AMC is important on platforms where you can cash out huge amounts of money; these platforms, like exchanges and casinos, do not want to patronize or sustain these terrorist operations.

I agree with that, however, never thought these guys would try that out in their lives.
Good to know.
And yeah - crypto trading ends when the internet dies, so that would be never, probably.

Never would of thought that they would know how to do it.
Clearly - this age and decade is like no other.

The way bitcoin and other cryptocurrencies are, they can not be banned. The government can try but people will still have means to buy and sell cryptocurrencies. So do not let any upcoming AML regulations deceives you or people. Just know that as those Taliban know about cryptocurrencies, there are ways they will still trade it.

A common thing. All of rebels group like Taliban got banned from accessing the international trade. They're using crypto as an alternative way to get an access to financial system, but never expected them to put their money on the meme token as well.

I thought it's prohibited in their territory, but it seems they're bypassing it.

That’s not surprising.. anyone, regardless of race or location, can trade if they want to. Even if trading is illegal in their country, they’ll always find a way. Meme coins are very risky, but some people love high-risk opportunities for the potential of quick money if they succeed.

But honestly, I’m not sure how it makes this topic particularly interesting to the community. Am I missing something here? Is there a deeper point being made?

We can term it to be desperacy and maybe they aren't following up the right charts on how the market operates.
Maybe people had venture into the market with the sole purpose of winning but has been on the opposite side of the trade and due to fear and FOMO they will also dump the market to some whales but without knowing those are only looking for a way to stir away the little trader or newbie trader to refill their bags.

Majority of the newbies won't understand this clear point that you made regarding buying low and selling high approach in Bitcoin investment, most of the Bitcoin traders who engaged in this approach of buying low with the intentions of selling off high to make profits still end up selling lower than their bought when if the market moves opposites their direction of expectations, this have become the major yastic for their continued losses, and the reason why many of them complain about this approach of buying low and selling high, and the major reason why they act that way is because of they lack of knowledge and patient to wait for the market to recover back before selling they Bitcoin holdings.

Another factor that drive those buying low and selling high into loses is using of high leverage when trading on the future market, it is very important that no matter how low your Bitcoin entrance price is, if you use a high leverage let say 8x,- 10x leverage toh risk losing your investment if the market make a sharp correction downward.

So for best results, apply this approach on spot trading by buying Bitcoin and storing it in your wallet, looking away from the Bitcoin for as long as you can and have a sell price benchmark in mind, never get tempted to sell off your Bitcoin when you are at lose unless when you are trading leverage which is a gamble like Bitcoin approach.

Only someone who is under pressure could buy high and sell low, and of course an impatient trader could as well sell off due to lack of knowledge to understand how cryptocurrency works. But of a true if they understand that cryptocurrency is circular (halving) in every 4 years circle they would understand not to sell low and buy higher. On a Norm when the market is low that is when they should have accumulated more of the coins than just dumping.

This clip is from a guy who spent 7 days with Taliban. And apparently some of them traded meme coins. Guy in the pic made money with shiba and doge, and lost it and jokingly even using the phrase "buying high, selling low".

While i don't know what kind of guy would hang with talebans or would be "bros" with them, i found it some what funny how people are same and relatable in some matters, no matter what their circumstances are.

It wasn't really that surprising to me, that these guys would be into crypto as well in a same way most of westerns are. Idea of getting rich overnight attracts no matter where you live and meme coins have that reputation. But video confirmation from something like this seems surreal.

And i totally see the appeal for them, as for anyone who is blacklisted by banks. Although new upcoming AML regulations and prove of origin would stop them cashing out in the future.

Link if the image link doesn't work: https://www.youtube.com/watch?v=0cFWnyDTMOI