Topic: Crypto is a poor form of money for terrorists. - page 10. (Read 2122 times)
what a shallow opinion. I can't write anything than this. You should do more research fella.
I think this is one the main reasons why governments and other state's systems don't want to accept BTC. But i think that we shouldn't recognize cryptos as a terrorist money because its idea is much more wider and helpful for us
I guess this is one of the reasons why governments sees cryptocurrencies a threat that provokes criminal minds to use crypto for their illegal transactions and interests since it is decentralized.
Crypto is a poor form of money for jihadists because they usually need to purchase goods with cash often in areas with unreliable technology.
According to this Forbes article
So they don't have computers, bitcoin merchants, fibre optics or 4G coverage in the dusty dessert or hideout hills.
According to Yaya Fanusie, director of analysis for the Foundation For Defense of Democracies Center on Sanctions and Illicit Finance: “Cold hard cash is still king"
So will they ban cash to prevent terrorism ? That would be some good hype to get the next bull run started !
According to the Forbes article a group called Mujahideen Shura Council (MSC) in the Environs of Jerusalem - was able to lure only two contributions for a total of a little over $500 in weeks of a 2016 online campaign. MSC sounds like a Microsoft certification. Perhaps the contributions were accidental and two suckers are still waiting for their online courses.
So not only is it terrible to use for the terrorists - their supporters appear to be crypto broke too.
Sounds like a business opportunity for a gun dealer to accept jihad coin. Make sure to use escrow. You cannot trust terrorists.
According to this Forbes article
So they don't have computers, bitcoin merchants, fibre optics or 4G coverage in the dusty dessert or hideout hills.
According to Yaya Fanusie, director of analysis for the Foundation For Defense of Democracies Center on Sanctions and Illicit Finance: “Cold hard cash is still king"
So will they ban cash to prevent terrorism ? That would be some good hype to get the next bull run started !
According to the Forbes article a group called Mujahideen Shura Council (MSC) in the Environs of Jerusalem - was able to lure only two contributions for a total of a little over $500 in weeks of a 2016 online campaign. MSC sounds like a Microsoft certification. Perhaps the contributions were accidental and two suckers are still waiting for their online courses.
So not only is it terrible to use for the terrorists - their supporters appear to be crypto broke too.
Sounds like a business opportunity for a gun dealer to accept jihad coin. Make sure to use escrow. You cannot trust terrorists.
That could be a reason but can't be used as a basis for seeing crypto as a currency to support terrorists. Bitcoin is only a currency and for its use depends on the user, and I think the fiat currency can also be used for terrorist purposes.
I think it's foolish to blame cryptocurrency in these sort of things. Crypto is a door of opportunity. It provides many thing to us where the drawbacks are really little.
Those who are banning cryptocurrencies for these terrorist matters, sooner or later going to accept crypto world because it is one of the promising things which exist in the world right now.
Banning anything cannot stop terrorists from my point of view. They will always find another way. But the thing is we should look at the brighter sides of cryptocurrency. It has more benefits than limitations.
Yes, may be crypto is a poor form for the terrorists. As they don’t use the computers and block chain technology. They don’t have also the bitcoin merchants. This would be a very good thing to prevent the terrorists. But it is nothing impossible to gain all theses knowledge.
It's actually a good source of funds because they don't always require a face to face deal. Also, they have sleeper cells in built up areas where they can convert bitcoin to fiat and then transfer it or use it directly. Not promoting this, just stating why op is wrong
Crypto is a poor form of money for jihadists because they usually need to purchase goods with cash often in areas with unreliable technology.
According to this Forbes article
So they don't have computers, bitcoin merchants, fibre optics or 4G coverage in the dusty dessert or hideout hills.
According to Yaya Fanusie, director of analysis for the Foundation For Defense of Democracies Center on Sanctions and Illicit Finance: “Cold hard cash is still king"
So will they ban cash to prevent terrorism ? That would be some good hype to get the next bull run started !
According to the Forbes article a group called Mujahideen Shura Council (MSC) in the Environs of Jerusalem - was able to lure only two contributions for a total of a little over $500 in weeks of a 2016 online campaign. MSC sounds like a Microsoft certification. Perhaps the contributions were accidental and two suckers are still waiting for their online courses.
So not only is it terrible to use for the terrorists - their supporters appear to be crypto broke too.
Sounds like a business opportunity for a gun dealer to accept jihad coin. Make sure to use escrow. You cannot trust terrorists.
Baseless and unreliable accusation this is purely black propaganda just to destroy the whole cryptocurrency Terrorist really need cash for their transaction. According to this Forbes article
So they don't have computers, bitcoin merchants, fibre optics or 4G coverage in the dusty dessert or hideout hills.
According to Yaya Fanusie, director of analysis for the Foundation For Defense of Democracies Center on Sanctions and Illicit Finance: “Cold hard cash is still king"
So will they ban cash to prevent terrorism ? That would be some good hype to get the next bull run started !
According to the Forbes article a group called Mujahideen Shura Council (MSC) in the Environs of Jerusalem - was able to lure only two contributions for a total of a little over $500 in weeks of a 2016 online campaign. MSC sounds like a Microsoft certification. Perhaps the contributions were accidental and two suckers are still waiting for their online courses.
So not only is it terrible to use for the terrorists - their supporters appear to be crypto broke too.
Sounds like a business opportunity for a gun dealer to accept jihad coin. Make sure to use escrow. You cannot trust terrorists.
I think bitcoin is bad for terrorists but still very good for scammers. Transactions can not be tracked and this is a definite plus for hackers and traders dark net.
Nope. USD is the most famous currency for terrorists and scammers. Research and check out analytics and you will see for yourself.
Blockchain system is no doubt the best way to keep your asset from the preying eyes of government but then, it has serve as a tool to siphone illegal funds by corrupt persons. Any way out?
maybe terrorrist is currently still using money to be used as a transaction tool, but I think there may be some terrorists who currently use crypto, but it's just not maximal in its use because it is constrained by several factors such as internet networks and other access.
North Korea is using crypto to prop up ti's regime, so maybe the other terrorists can't access it, but North Korea has done handsomely out of BTC and Altcoins because Pyongyang has made a coordinated hacker group that hacks South Korean and other Asian Exchanges and already just in 2018 alone, KIM JONG UN made over 200 million USD worth of Bitcoin from the hacks. I also believe the bancor and coinrail hackers are North Korean, it just makes sense to me, that's who is doing it and getting away with it. Someone needs to make a protocol that can close down wallets or reverse transactions from hackers because Bitcoin and Ethereum don't protect against hacks.
You can also add to that statement, that all transactions are visible on the Blockchain and even if they used Mixer services, these transactions can still be traced back to them. We do not know who are behind many of the smaller Mixer services
As you said, Cash is still King for most of the criminal activities that are done 100% anonymously with cash.
I have yet to find a drug dealer that accept Crypto currencies on the streets for his/her goods. 
As you said, Cash is still King for most of the criminal activities that are done 100% anonymously with cash.
I have yet to find a drug dealer that accept Crypto currencies on the streets for his/her goods. Crypto is a poor form of money for jihadists because they usually need to purchase goods with cash often in areas with unreliable technology.
According to this Forbes article
So they don't have computers, bitcoin merchants, fibre optics or 4G coverage in the dusty dessert or hideout hills.
According to Yaya Fanusie, director of analysis for the Foundation For Defense of Democracies Center on Sanctions and Illicit Finance: “Cold hard cash is still king"
So will they ban cash to prevent terrorism ? That would be some good hype to get the next bull run started !
According to the Forbes article a group called Mujahideen Shura Council (MSC) in the Environs of Jerusalem - was able to lure only two contributions for a total of a little over $500 in weeks of a 2016 online campaign. MSC sounds like a Microsoft certification. Perhaps the contributions were accidental and two suckers are still waiting for their online courses.
So not only is it terrible to use for the terrorists - their supporters appear to be crypto broke too.
Sounds like a business opportunity for a gun dealer to accept jihad coin. Make sure to use escrow. You cannot trust terrorists.
According to this Forbes article
So they don't have computers, bitcoin merchants, fibre optics or 4G coverage in the dusty dessert or hideout hills.
According to Yaya Fanusie, director of analysis for the Foundation For Defense of Democracies Center on Sanctions and Illicit Finance: “Cold hard cash is still king"
So will they ban cash to prevent terrorism ? That would be some good hype to get the next bull run started !
According to the Forbes article a group called Mujahideen Shura Council (MSC) in the Environs of Jerusalem - was able to lure only two contributions for a total of a little over $500 in weeks of a 2016 online campaign. MSC sounds like a Microsoft certification. Perhaps the contributions were accidental and two suckers are still waiting for their online courses.
So not only is it terrible to use for the terrorists - their supporters appear to be crypto broke too.
Sounds like a business opportunity for a gun dealer to accept jihad coin. Make sure to use escrow. You cannot trust terrorists.
yes it could be so, because crypto will not be able to get it by robbing
crypto is very detailed in the system
Crypto is also safe in my opinion
no shit! all the funding is done through US dollar. all the things the terrorists buy are bought by US dollar. there is no place for cryptocurrencies among them. specially since it is harder to use due to lack of adoption and much easier to track majority of them specially bitcoin since they are not anonymous and have a public ledger of all transactions left out in the open for everyone to see! using US dollar won't leave a trace at all.
as for that "juhad coin" or whatever you want to call it, I would doubt its origins since I have seen all kinds of weird ICOs in the past year. the kids are starting to run out of ideas for their ICOs so they are now left with these things so it may even be one of the same kids who created another ICO like the energy tokens which were supposed to make "energy cheap" LOL. or a lot of absurd tokens that were created purely to make money and nothing else.
as for that "juhad coin" or whatever you want to call it, I would doubt its origins since I have seen all kinds of weird ICOs in the past year. the kids are starting to run out of ideas for their ICOs so they are now left with these things so it may even be one of the same kids who created another ICO like the energy tokens which were supposed to make "energy cheap" LOL. or a lot of absurd tokens that were created purely to make money and nothing else.
I think it is true because they need cash for buying things and terrorists are very dangerous while they are highly intelligent too so they prefer those things which can be used every where and for now the bitcoin is not good for them to use because of it's usage is not possible without internet.
This article has vindicated Cryto as not been a terrorist tool for the procurement of illegal weapons. The plain truth is that: Terrorist prefer a swap of cash for weapon or goods for weapon. they try to avoid advance technology because they will be easily tracked. Lets hope with this report that the government change their critical view on Cryptocurrencies.
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