The media knows nobody would be sued for defamation of character, if they post lies about Bitcoin on the internet and even if someone does go that route, they would have the backing of billionaire investors. The mainstream media is just a tool for a system that is corrupt to it's core.
They will report whatever they want to. The more controversial it is, the more income they will receive. ^hmf^
Topic: Bitcoin - one of the Terrorists Funding Sources - page 3. (Read 4941 times)
Then what about this 
https://bitcointalksearch.org/topic/paris-france-isis-killer-had-3-million-dollar-btc-wallet-fake-updated-1254539
$3 million worth of btc found in Isis milita's possession
https://bitcointalksearch.org/topic/paris-france-isis-killer-had-3-million-dollar-btc-wallet-fake-updated-1254539
$3 million worth of btc found in Isis milita's possession
What can you say about this?
This fact explicitly says "Bitcoin" with a capital "B" which means that they own blockchain based currencies. I heard that they actually prefer Dogecoin as their "Bitcoin" of choice. Don't worry, the mainstream media is "mainstream" for a reason (they always check their facts).
That can be said about anything in exchange for weapons and munitions. Come on now. Bitcoin is just stated there as a move to make people see it in a bad light as untrusted and therefore bad publicity.
Why'd they emphasize 'black market' oil and not said that the gold is also sold in the black market? Or do they mean the ISIS gold business is all legit.
I assume they're saying 'foreign donations' that goes through bitcoin. They just don't want to say money is still pouring to ISIS from all over the world.
So the picture above is wrong. BTC isn't comparable at all to black market oil. What it should state is the origin of all those BTC IS is supposedly getting. As it doesn't say anything about it, I guess this is all vaporware. The world has yet to see a single hard fact showing that IS is effectively having an income in BTC.
If there is evidence, you can expect the authorities to act on it. The blockchain might provide them clues about the origins. If they can't locate the source, we can expect some restrictive legislation coming our way soon.
That can be said about anything in exchange for weapons and munitions. Come on now. Bitcoin is just stated there as a move to make people see it in a bad light as untrusted and therefore bad publicity.
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?
Basically, because bitcoin transaction is as light as feather, it's really making hard to be accepted worldwide.
What can you say about this?
Are there miners in the part of Syria controlled by IS? Nobody noticed, but BTC isn't a source of funding. It's a currency, and it doesn't grow on trees. IS has oil which it can sell on the black market to generate an income, but if IS has a way to make an income from BTC, I don't know what it is. I'd like to know so I can do it, too.
it's about transferring funds not about as "income". Bitcoin facilitates this thing.
So the picture above is wrong. BTC isn't comparable at all to black market oil. What it should state is the origin of all those BTC IS is supposedly getting. As it doesn't say anything about it, I guess this is all vaporware. The world has yet to see a single hard fact showing that IS is effectively having an income in BTC.
And finally something positive regarding to this topic!
Jennifer Shasky Calvery from FinCen said that Bitcoin does not pose higher risks of terrorism financing than other payment methods!
I mean this is the bureau of the United States Department of the Treasury that collects and analyzes information about financial transactions in order to combat domestic and international money laundering, terrorist financing, and other financial crimes.
When they say Bitcoin is not much more used than any other type of money, there must be some truth in it right?!
http://www.coinspeaker.com/2015/11/17/isil-may-be-using-bitcoin-says-fincen-director-jennifer-calvery/
Jennifer Shasky Calvery from FinCen said that Bitcoin does not pose higher risks of terrorism financing than other payment methods!
I mean this is the bureau of the United States Department of the Treasury that collects and analyzes information about financial transactions in order to combat domestic and international money laundering, terrorist financing, and other financial crimes.
When they say Bitcoin is not much more used than any other type of money, there must be some truth in it right?!
http://www.coinspeaker.com/2015/11/17/isil-may-be-using-bitcoin-says-fincen-director-jennifer-calvery/
Everything has two faces, a good one and a bad one. It depends upon you , which face you would like to see and believe on.
As far as funding of attacks in paris is concerned, I'm damn sure they didn't use bitcoins. If they were as intelligent to use bitcoins, they wouldn't have been criminals, instead they would have been working in a good position.
Now, commonly also, bitcoin is used rarely for illegal purposes also. Though, cases of kidnapping and ransom have increased in past days. Bitcoin is still clean and pure it was and can be accepted worldwide.
As far as funding of attacks in paris is concerned, I'm damn sure they didn't use bitcoins. If they were as intelligent to use bitcoins, they wouldn't have been criminals, instead they would have been working in a good position.
Now, commonly also, bitcoin is used rarely for illegal purposes also. Though, cases of kidnapping and ransom have increased in past days. Bitcoin is still clean and pure it was and can be accepted worldwide.
Seems like a guessing game to me.
I'm pretty sure that bitcoin isn't their highest funds that they have out there
Oil plays a pretty big part in it too. Even though some governments won't admit that they are buying oil from these terrorists, this is their largest income.
I'm pretty sure that bitcoin isn't their highest funds that they have out there
Oil plays a pretty big part in it too. Even though some governments won't admit that they are buying oil from these terrorists, this is their largest income.
any "real proof" ISIS use Bitcoin ?
It is estimated that ISIS own bitcoin wallet worth $3 million. Following the recent attacks on Paris, GhostSec, an Anonymous off-shoot which actively hacks ISIS efforts worldwide, said that ISIS regularly uses cryptocurrencies to fund its operations. More info: https://www.cryptocoinsnews.com/ghostsec-isis-bitcoin-wallet-worth-3-million/
What will ISIS do next if they don't have more funds.
They have much more money than this mate, don't worry! Just in Mosul, they have stolen $430 million from the vault of the Iraqi central bank. Add the business with the oil, selling of all the antiquities, etc. They are loaded.
Actually it would be very handy for them to receive the world wide donations by using Bitcoin. Maybe the above alleged address is being used for that, for the donations, who knows!
Thanks for this link. I was confused when I saw that news story as it didn't list any real evidence and seemed more like pure speculation.
The media is simply guessing that terrorists may use Bitcoin as far as I can see and I see no substantial evidence suggesting they are actually using it. These types of baseless correlations give Bitcoin a bad name and I think the media tends to associate Bitcoin with black markets. Most of the time I see bitcoin mentioned by the general Media, it has a negative connotation ( though we have seen a few positive ones pop up more recently as well ).
As for the real source of income, I think it is primarily in the oil markets right now.
It's okay, I believe it will make Bitcoin more famous around the world.
By The Way, there's nothing to worry about. We couldn't stop using it just because of this, if we should then we have to do it also with the gold.
More famous as the Terrorist funding sources By The Way, there's nothing to worry about. We couldn't stop using it just because of this, if we should then we have to do it also with the gold.
I'd love to see any news regarding bitcoins because it can boost bitcoin popularity even more
But this isn't a good advertisement it will only drive people away from using bitcoin because they will think bitcoin as something that's bad and illegal to use
It would be great if news would start driving more positive one instead of negative one
any "real proof" ISIS use Bitcoin ?
It is estimated that ISIS own bitcoin wallet worth $3 million. Following the recent attacks on Paris, GhostSec, an Anonymous off-shoot which actively hacks ISIS efforts worldwide, said that ISIS regularly uses cryptocurrencies to fund its operations. More info: https://www.cryptocoinsnews.com/ghostsec-isis-bitcoin-wallet-worth-3-million/
What will ISIS do next if they don't have more funds.
any "real proof" ISIS use Bitcoin ?
It is estimated that ISIS own bitcoin wallet worth $3 million. Following the recent attacks on Paris, GhostSec, an Anonymous off-shoot which actively hacks ISIS efforts worldwide, said that ISIS regularly uses cryptocurrencies to fund its operations. More info: https://www.cryptocoinsnews.com/ghostsec-isis-bitcoin-wallet-worth-3-million/
There is no large scale bitcoin black market for military weapons. In fact it is not needed as these weapons are funded by the tax payers and the western banks are heavily involved. In the end the IS is funded by the IRS.
Yes I agree with you. All this crap, ISIS and Al Qaeda are western country creations. Mostly American creations. These western countries will never admit this though and they will always try to find another things or people to make them guilty.
I am afraid and I have a little fear that they will make a scapegoat out of Bitcoin. Just like this reportage that we are discussing here and that mentioned Bitcoin as one of the sources of funding. The things start like this!
There is no large scale bitcoin black market for military weapons. In fact it is not needed as these weapons are funded by the tax payers and the western banks are heavily involved. In the end the IS is funded by the IRS.
It's okay, I believe it will make Bitcoin more famous around the world.
By The Way, there's nothing to worry about. We couldn't stop using it just because of this, if we should then we have to do it also with the gold.
By The Way, there's nothing to worry about. We couldn't stop using it just because of this, if we should then we have to do it also with the gold.
Is very possible for IS using bitcoin as their funding source.
Since bitcoin is anonymous, and what they like is because it was untraceable.
I assume they use oil or gun for trading in black market using bitcoin as their currency.
Since bitcoin is anonymous, and what they like is because it was untraceable.
I assume they use oil or gun for trading in black market using bitcoin as their currency.
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?
Basically, because bitcoin transaction is as light as feather, it's really making hard to be accepted worldwide.
What can you say about this?
Seems strange to me that bitcoin is seen as a source of financing the terrorism. It is true that bitcoin could be untraceable. It is true that can be transferred to many money without leaving signs of those. But to be used that bitcoin transferred must be exchanged in real money. If not, any amount of bitcoin can be used. And the rules of every exchange are that every person who make exchange (especially in big amounts) must be identify himself. So it is easily identifiable. It is almost the same with the bank transfers. At least this is I think. Why bitcoin is seen as a specific tool of terrorism if the things are in such way? Why the other money used after the change of bitcoin or those used through the transfer bank are not such tool?
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