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Topic: ISIS Is Moving Money Using Bitcoin Aiding Recruitment, Training, And ? (Read 3740 times)

legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
I think they could possibly use bitcoin to financed their cells on other countries.

Even that will be quite difficult. Almost all of the Western nations (including the European Union members such as Germany and France) are monitoring large financial transactions, including those Bitcoin to fiat conversions. So a better option for them will be to move their funds in the form of physical cash.

Like the over 400 million dollars they gained when they took over the Mosul central bank.
legendary
Activity: 3654
Merit: 1217
I think they could possibly use bitcoin to financed their cells on other countries.

Even that will be quite difficult. Almost all of the Western nations (including the European Union members such as Germany and France) are monitoring large financial transactions, including those Bitcoin to fiat conversions. So a better option for them will be to move their funds in the form of physical cash.
member
Activity: 98
Merit: 10
★YoBit.Net★ 350+ Coins Exchange & Dice
I think they could possibly use bitcoin to financed their cells on other countries.
hero member
Activity: 728
Merit: 500
How about low fees, instant international transfer and the fact that it's deflationary? Yes, terrorists can be rational too.
sr. member
Activity: 350
Merit: 250
Selling Stuff 20% OFF ! See my signature
The terrorist group ISIS or Islamic State has been using Bitcoin, a digital currency, to mobilize funds across the world. The virtual currency appears to be indirectly aiding the spread of terror.

Such large-scaled organized terror tactics need money that can be moved quickly. Though ISIS has devised multiple inhuman methods to make quick bucks, it still needed a fluid and unhindered system to move it. It seems ISIS stumbled upon the most ideal form of currency handling platform – Bitcoin.


http://www.inquisitr.com/2152230/isis-is-moving-money-using-bitcoin-digital-currency-aiding-recruitment-training-and-weapons-procurement/



I bet the terrorists are using shoes as well so I have an idea :


Let's ban shoes also ! You can't do much without shoes, especially if you hang out in the desert.
hero member
Activity: 602
Merit: 500
hyperboria - next internet
The terrorist group ISIS or Islamic State has been using Bitcoin, a digital currency, to mobilize funds across the world. The virtual currency appears to be indirectly aiding the spread of terror.

Such large-scaled organized terror tactics need money that can be moved quickly. Though ISIS has devised multiple inhuman methods to make quick bucks, it still needed a fluid and unhindered system to move it. It seems ISIS stumbled upon the most ideal form of currency handling platform – Bitcoin.


http://www.inquisitr.com/2152230/isis-is-moving-money-using-bitcoin-digital-currency-aiding-recruitment-training-and-weapons-procurement/


LOL, at last. They should've beeen doing this for a year or two already.

Except they haven't. The whole article is based on some 17 year old's tweet.

That's strange. Bitcoin is just perfect for funding terrorism =)


So the media thinks.

Except the part about ISIS being full of ignorant desert people that don't even know how to operate an American toilet. Much less scan a QR code.

They have people who editing thieir videos. They have people who reqruiting teeneagers in internet. they have people who establishing blogs tweetters and websites for them. So they will eventually start using bitcoin, lol.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
The terrorist group ISIS or Islamic State has been using Bitcoin, a digital currency, to mobilize funds across the world. The virtual currency appears to be indirectly aiding the spread of terror.

Such large-scaled organized terror tactics need money that can be moved quickly. Though ISIS has devised multiple inhuman methods to make quick bucks, it still needed a fluid and unhindered system to move it. It seems ISIS stumbled upon the most ideal form of currency handling platform – Bitcoin.


http://www.inquisitr.com/2152230/isis-is-moving-money-using-bitcoin-digital-currency-aiding-recruitment-training-and-weapons-procurement/


LOL, at last. They should've beeen doing this for a year or two already.

Except they haven't. The whole article is based on some 17 year old's tweet.

That's strange. Bitcoin is just perfect for funding terrorism =)


So the media thinks.

Except the part about ISIS being full of ignorant desert people that don't even know how to operate an American toilet. Much less scan a QR code.
hero member
Activity: 602
Merit: 500
hyperboria - next internet
The terrorist group ISIS or Islamic State has been using Bitcoin, a digital currency, to mobilize funds across the world. The virtual currency appears to be indirectly aiding the spread of terror.

Such large-scaled organized terror tactics need money that can be moved quickly. Though ISIS has devised multiple inhuman methods to make quick bucks, it still needed a fluid and unhindered system to move it. It seems ISIS stumbled upon the most ideal form of currency handling platform – Bitcoin.


http://www.inquisitr.com/2152230/isis-is-moving-money-using-bitcoin-digital-currency-aiding-recruitment-training-and-weapons-procurement/


LOL, at last. They should've beeen doing this for a year or two already.

Except they haven't. The whole article is based on some 17 year old's tweet.

That's strange. Bitcoin is just perfect for funding terrorism =)
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
The terrorist group ISIS or Islamic State has been using Bitcoin, a digital currency, to mobilize funds across the world. The virtual currency appears to be indirectly aiding the spread of terror.

Such large-scaled organized terror tactics need money that can be moved quickly. Though ISIS has devised multiple inhuman methods to make quick bucks, it still needed a fluid and unhindered system to move it. It seems ISIS stumbled upon the most ideal form of currency handling platform – Bitcoin.


http://www.inquisitr.com/2152230/isis-is-moving-money-using-bitcoin-digital-currency-aiding-recruitment-training-and-weapons-procurement/


LOL, at last. They should've beeen doing this for a year or two already.

Except they haven't. The whole article is based on some 17 year old's tweet.
hero member
Activity: 602
Merit: 500
hyperboria - next internet
The terrorist group ISIS or Islamic State has been using Bitcoin, a digital currency, to mobilize funds across the world. The virtual currency appears to be indirectly aiding the spread of terror.

Such large-scaled organized terror tactics need money that can be moved quickly. Though ISIS has devised multiple inhuman methods to make quick bucks, it still needed a fluid and unhindered system to move it. It seems ISIS stumbled upon the most ideal form of currency handling platform – Bitcoin.


http://www.inquisitr.com/2152230/isis-is-moving-money-using-bitcoin-digital-currency-aiding-recruitment-training-and-weapons-procurement/


LOL, at last. They should've beeen doing this for a year or two already.
legendary
Activity: 2982
Merit: 1506
Pie Baking Contest: https://tinyurl.com/2s3z6dee
If KSA really created ISIS, I guess KSA will do anything to avoid this fact, so maybe they did something like weapons or money transactions on ISIS with other party so world people won't know about KSA involvement here.

The Saudi and Qatari involvement occurred in the initial stages, when the Islamic state was divided in to a number of warring factions. The Saudis just wanted to topple Bashar al Assad in Syria, and they were ready to support anyone to achieve their objectives. But when the atrocities of the ISIS came to light, the Saudis quickly hushed up their involvement.

But I'm pretty sure the KSA and other allies trying that their involvement couldn't be exposed by world people.
legendary
Activity: 3654
Merit: 1217
If KSA really created ISIS, I guess KSA will do anything to avoid this fact, so maybe they did something like weapons or money transactions on ISIS with other party so world people won't know about KSA involvement here.

The Saudi and Qatari involvement occurred in the initial stages, when the Islamic state was divided in to a number of warring factions. The Saudis just wanted to topple Bashar al Assad in Syria, and they were ready to support anyone to achieve their objectives. But when the atrocities of the ISIS came to light, the Saudis quickly hushed up their involvement.
full member
Activity: 235
Merit: 250
This actually doesn't make any sense. This is like saying since a crime organization uses USD, we should shut down the US currency.
legendary
Activity: 2982
Merit: 1506
Pie Baking Contest: https://tinyurl.com/2s3z6dee
isis is run by the cia.  the whole world is rigged.  they prob gave them some coins to play with.  cant trust anybody these days. only thing you can trust is math.  thus  btc.

ISIS was created by KSA. So what is the need here for ISIS to use Bitcoin for money transferring. They are already been funded very well by KSA and other allies. Where did they get Arms and ammunition's, missile tankers and launchers within a year it was founded, seems like media is showing us an action pack movies. When US can topple then Iraqi leader Saddam in a couple of days, then Why not with ISIS. Good to watch funny media news in leisure times.

If KSA really created ISIS, I guess KSA will do anything to avoid this fact, so maybe they did something like weapons or money transactions on ISIS with other party so world people won't know about KSA involvement here.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Well, amazing things you can do with this tech. Grin

Accept they aren't. The article is fake.
legendary
Activity: 1064
Merit: 1000
Bitcoin is too valuable to be used as a currency
Well, amazing things you can do with this tech. Grin
legendary
Activity: 3654
Merit: 1217
“Governments control this thing called fiat currency, and they can print as much of it as they want at any time, and then they use that money to build all sorts of tanks and bombs and airplanes, and they use that money to murder people all over the world. […] With Bitcoin – because there's a limited supply – that sort of thing can't happen in the world.”

The Americans are currently doing this. They are selling their debt in USD, and then reducing the net debt by printing tons and tons of dollar banknotes. The major buyer of the American debt, China (along with other players such as Russia and Japan) has realized this and they are slowly dumping their US treasury bonds. Now things won't be that easy for the Americans.
sr. member
Activity: 350
Merit: 250
“Governments control this thing called fiat currency, and they can print as much of it as they want at any time, and then they use that money to build all sorts of tanks and bombs and airplanes, and they use that money to murder people all over the world. […] With Bitcoin – because there's a limited supply – that sort of thing can't happen in the world.”
member
Activity: 62
Merit: 10
The terrorist group ISIS or Islamic State has been using Bitcoin, a digital currency, to mobilize funds across the world. The virtual currency appears to be indirectly aiding the spread of terror.

Such large-scaled organized terror tactics need money that can be moved quickly. Though ISIS has devised multiple inhuman methods to make quick bucks, it still needed a fluid and unhindered system to move it. It seems ISIS stumbled upon the most ideal form of currency handling platform – Bitcoin.


http://www.inquisitr.com/2152230/isis-is-moving-money-using-bitcoin-digital-currency-aiding-recruitment-training-and-weapons-procurement/

seems like ISIS isn't so ancient overall. using new technology to try to take us back to the seventh century. such irony
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