Topic: Bitcin does not support financial crimes and is not involve in political affairs - page 2. (Read 586 times)

I don't even heard that there's a Bitcoin airbomb-dropped in Israel.  What I see are missiles and bullets everywhere.  When they are talking about Bitcoin used to finance Hamas, they should have consider the integrity of the news by showing a Bitcoin transaction that is used to fund Hamas movement.  As long as there is no proven Bitcoin address, a proven account under Hamas regiment that uses Bitcoin in purchasing fire powers and supplies, this kind of news is good as hear say.  There is no integrity on it, IMO.


It is Bitcoin and surely new to the eyes of most of the readers.  Bitcoin is trending and the writer possibly thinks that they can get more attention if they highlights the use of the cryptocurrency in this kind of event.

It is really funny how they neglect the information that fiat currency is way more used to fund this crime/terrorist act.  Besides Bitcoin is only a currency, whether they will use it for fund for war or charity, it depends on the people using it.

I think with every war that startles, there will always be these authors that will romanticize the situation and will suck money out of the content.
Making it always look like Bitcoin has been involved with all of these. Although we know that it can be used to any purpose but these authors and reporters will always find a headline to make it look like as is all the time.

This is good, not because of what it says in the email or because of what they want to tell people, but if they are sending the email that is because they know something, and I don't specify what they are saying there, just the opposite, that is to say that the bitcoin is making ugly propaganda, and this may be due to the fact that as soon as the price goes down it can go up, this can sometimes be many strategies of people who want to buy the bitcoin and the current price is cheap and they are waiting for the proposals that they If you have bitcoin, get scared and leave, don't be surprised if they are a group of whales imposing fear so that it can be sold cheaply to them.

Information is power, and like it's always said, "if you are not well informed, then you will be misinformed." Some people do make mistakes while investing in Bitcoin, and what normally causes such mistakes is a lack of proper information. Bitcoin should not be condemned because of the ignorance of those who fail to properly do their research or get well educated about it before investing in it. I don't see Bitcoin being bad in any way. Whatever accusations people make about Bitcoin, I believe that it's nothing new; it's always something that has existed before Bitcoin. Even in some other investment too, people do lose money.

Bitcoin or other cryptocurrencies are just a method of payment. Terrorism used to exist even before Bitcoin came into existence. Money laundering used to happen even before cryptocurrencies came into existence. So if someone is saying that cryptocurrency is bad because it aids in crime we just need to ignore that person.

These are the tools which are used by both good and bad people. There is no way for the cryptocurrency itself to control its usage. It's the job of the regulatory and enforcement agencies to curb the illegal usage of any tool.

This is the kind of news the government want the people to see about Bitcoin, they're always looking for the slightest opportunity to brand Bitcoin as a coin of bad actors. So this is a perfect opportunity to come up with all kinds of lies to discourage people from using Bitcoin because they see it as a threat to fiat.

How are we sure the misinformation was not being sponsored by the government? They could do any and everything to achieve their aim.

This is not the first time Bitcoin is being attacked but the truth no matter the dirt they throw at Bitcoin, they cannot people from using it.

It is something of technological compression, if anything, all technology that is used in criminal acts must be prohibited, a cell phone is a technological tool that is essential today, so Android as software allows the use of these tools. (ah, it pays taxes and is recognized as a classist company)

In the long run they prohibit it due to its condition of emergence, but basically because it empowers the citizen and it is obvious that this includes anyone, criminals.

We should not always co related crimes with other things. Politics and crimes are related to each other because crimes are a weapon used by politicians to create a image that is made by them. Even though these things are funded through Bitcoin or other financial sector it doesn't mean that financial institutions or entities support those bad activities. Bitcoin is not a person or a something that has its own will. It is an object that can not do anything on its own though it can be used by both good and bad actors in our society.

Selfish interest is something humans have in them, for one reason or the other they have every right in their head to ruin something, and some are just ignorance, Bitcoin doesn't support any crime and I am glad its a openly transparent technology, if Bitcoin is more than transparency maybe privacy like XMR there will be a lot of headache around this technology.

There is one thing that's true though, people can still use Bitcoin to be bad things, and I understand that even before Bitcoin existed those criminals still engage in their crime activities around the world, some scammers were appended in my country not too long ago and one of them is someone I knew, he always talk about how pro he is in Bitcoin investment but I do have my doubts because he have no valid ways of earning Bitcoin and he has no job.

Do you know what he is doing? He scam people online using someone else identity and ask them to send money using Bitcoin, he thought he could cover things up using Bitcoin, yet he got caught with his accomplice, if he really know about Bitcoin he should have understnd that Bitcoin transaction is open and traceable, so if any criminal is using Bitcoin to carry out their ill acts they are fools and they will surely get caught.

Obviously, I have deleted the message from my email. I was only concerned that the mail contains a message of a threat on something I found valuable, which is Bitcoin. Perhaps you're not bothered because of the country you live in. There are some countries that are particularly affected by actions taken from countries considered to be world powers, and these actions will also impact those countries. We are talking about the US government, and if such actions are taken there, it may affect many Bitcoin enthusiasts in my country and even our government's decisions on Bitcoin and cryptocurrency at large.

Huh, I actually thought that this information about Hamas and cryptos was correct, although it didn't really sway me from Bitcoin in any way because money is always used for all sorts of purposes and taking it out on Bitcoin is an association fallacy.
I see that WSJ has actually published multiple articles claiming that cryptos were/are used by Hamas terrorists. It's sad that it seems they didn't follow up to account for potential inaccuracy of information (but I don't know for sure because of the paywall).

If I were the one who got that email, I would immediately delete it from my email. I don't know whether the news is true or false and rather than thinking about things that are too far beyond what I can think of, I'd delete it.

That may be true. But it might also be wrong. Maybe since Bitcoin was created, there have been transactions for illegal things. What is certain is that we will not know, and it will only give rise to a lot of wild opinions. Such emails are often sent to many random people to inform them of something that might make people panic.

Don't be provoked by unclear issues. We shouldn't think too much about things we don't know clearly.

I see all these as an attempt to try to paint Bitcoin as something that has added salt to the injury, in the sense that it has aided in increasing the rate of crime experienced in the financial system. While the system is not the problem rather the participants, As such they will try to fault it,  they will call it a scam, they will try to ban it, and point out all sorts of allegations as a way to paint it badly and bring it down, However,  I do believe that in the end, all their attempts in trying to stop Bitcoin, the only freedom form of money we have in the world will fail.

That's because the trend is to blame it all on something that is considered the low-hanging fruit and in the current case it is going to be bitcoin, with the independent nature of bitcoin and not having any sides I think that it is bound to happen that the free nature of bitcoin will prick up some people and there are those that want to protect their interest because they know that their interests can be a potential scapegoat if they don't do anything about it and so here we are with bitcoin being blamed. The only thing that is going to cure all this sickness of blaming bitcoin for all the ails and corruptions that the government, the society, and the people are experiencing is to cure the ignorance of the people, people that are ignorant and dismiss information entirely without checking it out first and not thinking for themselves is the root cause in all of this because imagine if people were all smart and can think for themselves, fear mongering in news all over the world will not be an effective tool against the people because they can just check it out for themselves, confirm it with other sources and remove any kind of misinformation or disinformation. When will we the normies ever learn to not judge something before all the facts are laid bare before them? We will never know but individual changes helps a lot in this kind of things.

It is easier for criminals to use cash as a means of receiving payment, but for some reason this form of money is not demonized. Maybe because governments themselves print this money?

Who are the bad people? If one person uses bitcoin in country #1 (where it is legal), then when he moves to another country #2 (where bitcoin is illegal) he becomes bad people? And that makes him a criminal?

Bitcoin is more often used by ordinary people, not criminals. This is a lie from government propaganda.

Have you ever suspected that misinformation about the bitcoin is being spread deliberately?

This is not envy on the part of governments and legislators, but fear. Fear of losing control over human financial flows, and therefore the citizens of their countries. Now control is exercised through money. They are forced to propose hasty action, otherwise even more people will become interested in bitcoin.

Hamas has been at war with Israel long before Bitcoin was born. There is no question of Bitcoin or cryptocurrency financial transactions being involved in this matter. This seems to me to be a plan to politically alienate Bitcoin from everyone. Political discussions about Bitcoin and Cryptocurrencies can always create a divide in the workforce. Bitcoin and Cryptocurrencies are a hot topic of political discussion all over the world. Governments have tried to regulate the use of Bitcoin and are negotiating its investment terms. Some cryptocurrency investments are being used for other purposes, which may include illegal entities. However, some media's claims about Bitcoin or other cryptocurrencies are baseless.

I never understood post/emails like the one you pasted: everything is just a tool, how we decide to use it makes the difference, that's it. Otherwise I could say that screwdrivers are bad people you can kill someone using one; same thing with cars, you can use them to run away after committing a crime; you can use cell phones to organize a robbery, and so on. And years ago there actually have been researches about the amount of cryptos actually used by criminals and the percentage was ridiculously low, nothing compared to cash for example.

This is an instance where the blockchain analysis companies are actually on the side of the average crypto user. As referenced in the OP, here's the article by Elliptic:

https://www.elliptic.co/blog/setting-the-record-straight-on-crypto-crowdfunding-by-hamas

Key takeaways:

- there's no actual evidence to support the WSJ's allegations
- Hamas BTC donations peaked in 2019
- their fundraiser website was shut down by the Department of Justice in 2020
- they stopped accepting crypto donations altogether by April 2023

This is complete nonsense. Firstly, there is no proof that Hamas used Bitcoin in its surprise attack on Israel. Secondly, even if it is proven that they used Bitcoin, what is the difference? What does Bitcoin have to do with the story? If they ban Bitcoin won't Hamas fighters be able to raise money again???!!!

They've done this many times even before Bitcoin existed, so why all the hype? It is better for them to focus on ending the war between the Palestinians and the Israelis rather than ignite a new war against Bitcoin.

When Bitcoin wasn't invented, can we say that there was no crime? Of course there were lot of crimes at that time happening by fiat money and it is still continuing, As we know that Bitcoin or cryptocurrency transactions can remain anonymous. So anyone can use it to keep them safe. Bitcoin is not to blame here. It will be used as we use it. Those who commit crimes should be brought under the law. We won't find a healthy solution just by keeping one country away from using Bitcoin. The era has changed so the government of any country has to find solutions depending on technology.