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Topic: ISIS to create own coin. How can we convince to use Bitcoin? - page 11. (Read 16019 times)

sr. member
Activity: 392
Merit: 250
the Cat-a-clysm.
ISIS using bitcoin would almost definitely destroy all of our hope of bitcoin ever succeeding.
member
Activity: 84
Merit: 10
Hi.
Lol you want Isis to use btc? That's only going to build to the myth that bitcoin is used by druggies and terorists
hero member
Activity: 868
Merit: 1000
Are you joking, as soon as the headlines "ISIS now using bitcoin" gets thrown around a bit just watch the price start falling.

And watch every legitimate service institute tougher KYC requirements to try to avoid being investigated for aiding terrorism financing, which is part of the overarching AML framework.

OP has proven themselves an idiot by referring to Bitcoin as "anonymous" anyway.

Ideologically, OP might be correct.  Bitcoin is a protocol and neutral in and of itself.  However, encouraging it's use by groups which are generally reviled even by libertarians and cryptoanarchists has a price.  If it's successfully used to finance terrorism then it comes under increasing government scrutiny and measures will be put in place to make it harder to use for "acceptable" crimes or legitimate commerce.  If it becomes too cumbersome to use legitimately, there's no net benefit for regular Bitcoiners.  

Governments will throw a hell of a lot more resources at combating the use of Bitcoin to finance terrorism than they have at it's role in the darknet markets.  Even the darknet markets themselves are in favour of "cleaning up" the markets in the wake of increasing prosecutions for CP centred on onion sites.  Additional heat is the last thing Bitcoin or the darknet markets need.

Something which maintains a public ledger of every transaction isn't the ideal way of funding terrorism, either.
legendary
Activity: 3066
Merit: 1047
Your country may be your worst enemy
Wow, this is impressive!

It means they are much more than the average terrorist organization. They don't believe in foreign paper money so they will mint their own proprietary metal coins. Did I read out of gold? Boy, ISIS is going back to the gold standard! They might become hugely successful if they do that.
sr. member
Activity: 271
Merit: 250
Wow you people sound like the Banksters, hypocrites all of you. Bitcoin is neutral. One mans terrorist is another mans freedom fighter.

"Fuck the Government, Bitcoin is for all! Except ISIS you're on the naughty list." Slippery slope.
newbie
Activity: 28
Merit: 0
Are you joking, as soon as the headlines "ISIS now using bitcoin" gets thrown around a bit just watch the price start falling.

Exactly!
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
Are you joking, as soon as the headlines "ISIS now using bitcoin" gets thrown around a bit just watch the price start falling.
hero member
Activity: 924
Merit: 1001
Attempting to make it easier to fund terrorism so you can profit make you a terrible person

Of course you're right.  But its a sentiment all too absent in these circles unfortunately.  

To the rest of you:  Are you really shocked?   75% of the people in Bitcoin circles hate authority, and go out of their way to defend systems like Silk Road where you can buy contracts on people's assassinations.  What's the difference?   Oops ... what's that?  You only support people's right to take drugs if they want?  Thats nice.  You also turn a blind eye to the murder for hires and other things going on.  I mean heyyyyy ... freedom is freedom right?  Can't shut down silk road just because of a few bad apples.  Anarchists don't believe in a right or wrong.  They only believe in "freedom to do whatever you want".  And fuck all authority.  Because apparently corruption only comes from people in power.  Never from regular folks.  So only give rules to those in power.  Let the rest of us do whatever we want.  That includes ISIS.  

If they dont include ISIS, then they contradict themselves.  Thereby admitting that their own worldview is fucking ludicrous.

-B-
full member
Activity: 532
Merit: 100
http://www.cnn.com/2014/11/13/world/meast/isis-currency/index.html?hpt=hp_c2

Quote
ISIS is planning to mint its own currency in gold, silver and copper, the group said Thursday.
Its aim is to stay away from the "tyrant's financial system," ISIS said in a statement. It said it would issue another statement to explain the new currency's exchange rate, and where it can be found.

Sounds like they are printing their own kind of FIAT. More scamcoin. I think this is a great opportunity to show them Bitcoin and get some users from the Middle East. The anonymity and low fees are sure to be a turn on. How can we spread the word and help Bitcoin go TO THE MOON!?

Are you out of your f'n mind???  Why would you want bitcoin associated with the "currency of choice" of a radical terrorist group??? It's hard enough to get people to accept the idea of Bitcoin without that stigma tied to it.
newbie
Activity: 28
Merit: 0
Hey everybody lets spread the news of Btc to terrorist! It will surely pad our portfolios.........Unbelievable.
full member
Activity: 175
Merit: 100
Not sure how I feel about this
I know how I feel about it. Keep ISIS as far away from Bitcoin as possible!
hero member
Activity: 756
Merit: 506
How do we know this news is even legit? 
full member
Activity: 182
Merit: 100
http://www.cnn.com/2014/11/13/world/meast/isis-currency/index.html?hpt=hp_c2

Quote
ISIS is planning to mint its own currency in gold, silver and copper, the group said Thursday.
Its aim is to stay away from the "tyrant's financial system," ISIS said in a statement. It said it would issue another statement to explain the new currency's exchange rate, and where it can be found.

Sounds like they are printing their own kind of FIAT. More scamcoin. I think this is a great opportunity to show them Bitcoin and get some users from the Middle East. The anonymity and low fees are sure to be a turn on. How can we spread the word and help Bitcoin go TO THE MOON!?

You're a freaking retard of the highest proportions. Why the hell would you want ISIS to use Bitcoin? Hell no they shouldn't use Bitcoin.

Stupid OP.
legendary
Activity: 1615
Merit: 1000
Not to worry, they're never going to adopt Bitcoin. A currency predicated on a functioning high tech infrastructure isn't that great in warzones.
legendary
Activity: 1386
Merit: 1053
Please do not PM me loan requests!
Not sure how I feel about this
full member
Activity: 167
Merit: 100
Attempting to make it easier to fund terrorism so you can profit make you a terrible person
sr. member
Activity: 271
Merit: 250
http://www.cnn.com/2014/11/13/world/meast/isis-currency/index.html?hpt=hp_c2

Quote
ISIS is planning to mint its own currency in gold, silver and copper, the group said Thursday.
Its aim is to stay away from the "tyrant's financial system," ISIS said in a statement. It said it would issue another statement to explain the new currency's exchange rate, and where it can be found.

Sounds like they are printing their own kind of FIAT. More scamcoin. I think this is a great opportunity to show them Bitcoin and get some users from the Middle East. The anonymity and low fees are sure to be a turn on. How can we spread the word and help Bitcoin go TO THE MOON!?
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