Topic: Do you think ISIS uses Bitcoin? - page 9. (Read 7040 times)
If so, then what? If not, then what? ISIS may use Bitcoin because besides being free to use anyone, Bitcoin is also more secret, but I do not think it's too important to know. Well, maybe that's one of the advantages that can at the same time be a weakness of bitcoin, that is too free to be used by anyone.
Yes I do think ISIS also uses bitcoins since bitcoin are hard to detect and trace when transacting and using it online. I think not just ISIS but also other criminals and terrorist organizations uses because it is decentralized.
Possible it is their general finance base
absolute anonim and safe for this bastards
absolute anonim and safe for this bastards
Exactly. It suits them really. And i'm sure that with btc's emergence, isis would already be pouncing on the opportunity to use bitcoin and it's features. Makes it a lot easier for them to make faceless transactions
Possible it is their general finance base
absolute anonim and safe for this bastards
absolute anonim and safe for this bastards
We all know that Bitcoin is also popular to criminals because they can use it without exposing their identity. It will be more convenient to them to use Bitcoin so that they can hide their identity. Do you think that terrorist groups like ISIS use it for their transactions?
I don’t think ISIS uses Bitcoin. You know, they were collecting weapons, training their people, planning for their next attack, imagine how busy they are to join this forum. At some point, maybe they’re using Bitcoin to hide their identity, even if they are not using bitcoin ISIS are not easy to identify.
Wouldn't matter if they did sometimes, because I'm sure they are mostly using cash.
Hard cash and bullion. When they invaded Mosul, they looted more than $300 million worth of US Dollar banknotes from the local branch of the central bank, on top of several tons of gold. They have received their ransom payments in US Dollar and other fiat currencies. And most of their revenues from crude oil / antique smuggling have also been in fiat cash.
The technology allows malicious groups to do transactions, just look at the ransomware attacks. Therefore there is a high likelihood in my opinion. It's a shame that Bitcoin and blockchain technology, while it mostly only has upsides, has received negative publicity due to their actions.
Spectrecoin'slatest update is confirmed running in TOR Bocked regions Afghanistan, Iraq, Iran, UAE, China.
I think everyone who's anyone should use Bitcoin.
Lets not forget:
'a terrorist in the West may be a hero in the East.
but
a terrorist in the East may be a hero in the West'
either way
1 XSPEC in the East = 1 XSPEC the West
I think everyone who's anyone should use Bitcoin.
Lets not forget:
'a terrorist in the West may be a hero in the East.
but
a terrorist in the East may be a hero in the West'
either way
1 XSPEC in the East = 1 XSPEC the West
Wouldn't matter if they did sometimes, because I'm sure they are mostly using cash.
Hmmm. I think Isis can really use bitcoin to buy illegal weapons because of the anonimity of bitcoin.
Even if the ISIS is using BTC, it is in very small quantities. First of all, Bitcoin is not 100% anonymous, like physical cash. And secondly, there is no established market for Bitcoins in the countries where the ISIS is active, such as Yemen, Afghanistan, Syria and Iraq.
ISIS and any other bloody horrible terrorist organisations are definitely use bitcoin for their transactions because their bloody money cannot be traced with this way. As a result of this, they can easily wire money to their terrorists and this terrorists attacks innocent people with the help of this bloody money.
That wouldn't be impossible. It won't exposed their identity afterall so they can transact without getting any attention.
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maybe isis uses bitcoin because we don't know what they do but i think with bitcoin, they don't have to worried their identity to be reveal to public. with bitcoin, they can free to send and receive money in bitcoin amount and then they can withdraw into money to fund their activity. bitcoin can cover illegal and legal activity for every people but its depend on every people what they want with bitcoin.
It is quite near possible for me because in my opinion criminals like ISIS had a lot of connections that brings them to become more powerful. But I don't think it is the ISIS itself who uses bitcoin but a higher rank ISIS that called himself different from ISIS and not part of the so called group. So therefore there is a fund distributor on their needs, equipments and etc. provided by the so called non ISIS leader but provider to achieve their desire. That we all knew is also possible, to facilitate their transcations.
there s a lot of chance for them to use it as it is a anonymous payment system if they use it it will help them in lots of way. not them if any body wants to hide his identity will use it for sure. so i think they use it
If they have rich sponsors, they can. But why do they need money? They can take weapons only and their families can take money
It could be possible...
These kind of scenario is not far from happening...
There are terrorist around the world who idolizes ISIS.
And through this isis could fund their terroristic activities. They could send financial supprot without being detected through cryptocurrencies...
These kind of scenario is not far from happening...
There are terrorist around the world who idolizes ISIS.
And through this isis could fund their terroristic activities. They could send financial supprot without being detected through cryptocurrencies...
Of course because members of Islamic State of Iraq is not just one or two people, but over hundreds people.
We all know that Bitcoin is also popular to criminals because they can use it without exposing their identity. It will be more convenient to them to use Bitcoin so that they can hide their identity. Do you think that terrorist groups like ISIS use it for their transactions?
It's possible that some of them are familiar with bitcoin, and they also know the degree of risk of using bitcoin in acts of terrorism can make their activities traceable, so I think they prefer to use USD rather than bitcoin. Jump to: