Ofcourse that is logic. If you use Bitcoin and pay with it, you cant control what he bought or sell. And that is really dangerous.
It is also very dangerous that it will be going more worth later so that is not good for them, but we will see what is going to happen.
Topic: Bitcoin - one of the Terrorists Funding Sources (Read 4931 times)
Bitcoin can even be one of the sources of funding for many terrorist groups, but I can assure you that the primary source of their funding is not Bitcoin. Fiat, Fiat is the main source of funding for terrorist groups, and that is more than proved.
With the recent attack in Paris, many questioned 'again' where the hell those terrorist got their funds. Hidden agenda or secret talks? Some people already know the hidden truth about it* and bitcoin already part of their sources.
Basically, because bitcoin transaction is as light as feather, it's really making hard to be accepted worldwide.
What can you say about this?
dont believe what media show about bitcoin,they not always true,and some people believe terrorist use another funds,maybe they have own funds,and some post on this forum also mentioning western union as terrorist funds. Basically, because bitcoin transaction is as light as feather, it's really making hard to be accepted worldwide.
What can you say about this?
Yes that's why all the countries are announced as the high alert.
I remember a report being published somewhere about the main currencies used by terrorists for money laundering. If I remember correctly, US dollar is TOP and Bitcoin is quite a distance away. Perhaps Bitcoin is not popular enough to be used for money laundering or they have many other ways
It's kind of obvious to say terrorists can use Bitcoin, but so what? It doesn't matter. People use Canadian dollars to do terroristic things too.
I don't think there is a real relationship between bitcoin, and crypto currencies generally, and terrorism funding. The criminals and terrorists used fiat for their transactions between the bitcoin's creation and they still fiat and other currencies
They had better do away with cash then too because terrorists use cash. They would really use anything that would work. It is not as if they are seeking out Bitcoin over others.
exactly, there is not a single monetary unit, you can't abuse in one way or another
They had better do away with cash then too because terrorists use cash. They would really use anything that would work. It is not as if they are seeking out Bitcoin over others.
I think it's definitely possible, but that's one of the downsides to bitcoin, you can't have all positives.
if you want freedom of currency with something like bitcoin, that counts for everyone, good or bad
if you want freedom of currency with something like bitcoin, that counts for everyone, good or bad
I think there is a possibility but really hope its not,
because bitcoin main idea is to be make us easy to do transaction globally, not to harm anybody
Bitcoins are not the terrorists funding sources, terrorist does not have brain to think too much on any digital or in cryptocurrency. They just know how to kill people who lives happily. because bitcoin main idea is to be make us easy to do transaction globally, not to harm anybody
I think there is a possibility but really hope its not,
because bitcoin main idea is to be make us easy to do transaction globally, not to harm anybody
because bitcoin main idea is to be make us easy to do transaction globally, not to harm anybody
I can say the statement can be true and false at the same time. The reason why I am saying is because the feature that bitcoins have makes it a bit a suspicious digital currency. Due to lack of a formal body that controls the coins, it has been a great challenges and even inhibited the coins from being accepted in other countries as a formal currency. Criminals yes may be using the system for their transaction but all I know it was never meant for criminals.
I would have thought that, technically, the Internet is the main funding source of Terrrism. Cut out the internet and there is less terrorism. Less people are manipulated into believing what other people think that are metally more stable than the manipulated person.
isis have more fiat money than bitcoin asset
so how about it
> http://www.newsbtc.com/2015/11/24/bitcoin-accounts-less-1-isis-funding/
so how about it
> http://www.newsbtc.com/2015/11/24/bitcoin-accounts-less-1-isis-funding/
I thought they were funded by George bush when he was in office lmao.
there is also gold among those, so why they put bad light on bitcoin only and not on gold? biased fud
not to mention that cash play a big role also
because bitcoin is a new currency involved in so many illegal things like silkroad...so it just bring back memory. Gold, I also agree. They shine bad light on BTC but gold is just normal to be on this list? not to mention that cash play a big role also
These terrorist will use whatever funding they can get their hands on to.
Whether that's the dollar, bitcoin or euro's or any other currency they can use.
They will get their funding one way or another.
Whether that's the dollar, bitcoin or euro's or any other currency they can use.
They will get their funding one way or another.
...but you do realize your talking about Apples and Oranges, right ?
Funding does not equal Currency. Funding is useless unless it is in a currency that is accepted by the seller. BTC are far too trackable for a arms dealer to use. The SilkRoad busts showed the world that.
The US$ is far more anonymous is that sense. THAT is the message that the Bitcoin community needs to be getting out there.
This is a very bad publicity, it equals to: "ISIS, come and use bitcoin!" 
I guess the blockchain analysis and black listing will become more and more popular, like Mike Hearn said, unfortunately
This news about ISIS mainly founded with Bitcoin is bullshit. We all know that. Bitcoin, or cryptocurrency in general is far less than 1% of ISIS funds.I guess the blockchain analysis and black listing will become more and more popular, like Mike Hearn said, unfortunately
But that topic is GREAT for mass media, and for FUD spreader antibitcoin haters to show people how bitcoin is a 'threat" for peace.
I too think that news like that are making stupid politicians to take legal action against 'free internet money' which bitcoin currently is.
These terrorist will use whatever funding they can get their hands on to.
Whether that's the dollar, bitcoin or euro's or any other currency they can use.
They will get their funding one way or another.
Whether that's the dollar, bitcoin or euro's or any other currency they can use.
They will get their funding one way or another.
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