Topic: Why don't people under ISIS rule buy bitcoin? - page 2. (Read 3200 times)

That's American exceptionalism - to sell the American dream, just like the alternate section on this forum, you have to FUD and make everything else look bad.

i love how media have spoonfed this info to you.

i bet you even think that Baghdad looks like a shantytown like this:


yet Baghdad actually looks like this:

There have been many times throughout history that an invading force has robbed the citizens of the country they invaded of their money and property. It would make a lot of sense to use whatever money they will not need in the short term to buy bitcoin as long as they have a way to store the keys in a way that would not require them to have physical possession of some kind of equipment. In other words as long as they can store the keys securely in the cloud.

You do realize you get killed or they force you to do thing if you do not pay a tax right? This isn't like some good time terrorist group. They kill their own people all the time for reasons and for no reasons. I don't understand how you can think at this level. THEY ARE TERRORISTS and they are gonna take what they want. They will take your computer or kill your wife for not paying them or whatever. Plus since terrorists know about btc and all that they will know people are hiding it, so that blows your whole argument out of the water... people will gladly give up money to save their own life.

guys shut up about ISIS, you have no clue what your even talking about..

there is no ISIS.

the word isis is an american invented word to describe anyone that lives in iraq or syria. it is not the formal group name of extremists, or the command codename of a militia. or even a name that ismlamics, syrians or iraqi's chose for themselves. it is purely an american branding.

if ISIS was to do with the bad people of syria/iraq, it would more likely be an american word like REBISOI
Radical
Extremists
Born
In
Syria
Or
Iraq

but media are using the ISIS to push the subtle idea that ALL people in that area are bad people with bombs and grenade launchers under their bed and we should all fear every single middle-eastern citizen.

secondly the $1.5billion-$2billion is not the 'terrorism' budget of an extremist group. but thats the national budget for the countries civil defense. which EVERY country in the world has a right to spend money on defense.

watch this and then tell me who sounds like a radical extremist more.. iraqi/syrian citizens or american media.
http://www.youtube.com/watch?v=Q2FSMvrlUlY

um how many people came to america to kill... and how many americans went to iraq to kill..

1. so its not just syria and iraq, now she wants to add iran into the mix
2. she doesnt want a peace deal
3. she decribes the whole area as 'the devil'

1. so syria has not sent missiles to bomb the western world yet she wants to send missiles to destroy ALL of syria
2. so iraq has not sent missiles to bomb the western world yet she wants to send missiles to destroy ALL of iraq
3. so iran has not sent missiles to bomb the western world yet she wants to send missiles to destroy ALL of iran

um...... how many americans have died on us soil since obama has been in office. and how many syrians, iraqi, iranians have died on their home soil? so who killed who more in their own homes

well maybe that is because average joe living in america watching tv, is not being personally terrorised and as such there isnot actually a terrorist enemy.
however the people of the middle-east are purely trying to protect their own land, their own citizens and their oil oil/phosphorous and now and again a small group of middle easterners decide enough is enough.

i do find it funny that any middle easterner with a gun (the army and security guards protecting and defending their territory and on lookout posts protecting the oil fields) are called terrorists.

so lets flip this scenario of terrorism around
afterall if an american on an american piece of land that was an oil field, and that american knew people were going to kill him and steal his oil. wouldnt he be within his rights to hold a gun and maybe use land mines to keep his property safe and keep himself alive
would we describe this american protecting his land and life a terrorist. of course not. Then after taking his land, killing his security guards, killing his family and friends bombing the local army base. would you then call ALL american's terrorists purely because a small group of people wanted revenge?

Believe me, if you are under a war scenario and being invaded by a foreign force, last thing you will want is put your money where you maybe won't ever be able recover again. Or at least not in time when you are suffering from famine or thirsty, or need to bribe someone, or need something from the terrorists to take or they will kill you.

No one will use Bitcoin in war scenario, unless they are planning to scape to a pacific region with Internet access.

The reason for the premium in argentina is because of the artificial peso/USD exchange rate imposed by the government; the peso/BTC exchange rate reflects the blackmarket peso/USD exchange rate.

Most other terrorist organizations do not have any kind of social media presence, however social media is very new and was really not around nor as big as it is now when other terrorist organizations were at their peak.

You would probably be surprised as to how much money organizations like al-quiata has. They will usually finance themselves from Muslim related donations and likely receive significant amounts per year. Muslim related charities were scrutinized after 9/11 as it was determined that some of them help pay for 9/11

Only few people have acess to computers and internet is not reliable. Also no way to know for sure how long your computer will last.

Also their money surely is undervalued, so they can't afford all the bitoin taxes.

You're all kidding, right?  ISIS is not Al-Queda or the Taliban, ISIS is like the first international terrorist organization to have a huge social media presence and they supposedly have $2 billion in cash.  They've definitely heard of Bitcoin.


Iraqis owning Bitcoin is like Argentines owning Bitcoin.  In theory it sounds possible but in practice who wants to exchange their Bitcoin for some worthless currency?  They're supposedly paying $1000 equivalent in Peso for Bitcoin in Argentina..  in Iraq they'ld have to pay like $2000+ equivalent in Dinar.

yes, I think they are making a hard living and barely have internet connection. Nearly no one there has a little knowledge about BTC. How could they buy any BTC?

damn, that shit is damning to bitcoin. if government really wanted to crack down on btc, they'd bring this up as an issue. and yes everybody, i know they use cash as well.

I am not sure bit coin is on a lot of people's minds over there right now. They are probably more focused on being sure they wake up each morning.

It really isn't so much that the Christians living in parts of Iraq don't have any money, or the money they do have is subject to inflation/confiscation it is that the ISIS is killing them. Bitcoin would not solve this problem. Contrary to what many people on here think, bitcoin is not the answer to all of the world's problems.

ISIS is too busy committing genocide to worry about bitcoin.

And the people under ISIS rule are too busy getting genocided'ed to buy bitcoin.

Because they're running for their lives?

Its a very simple solution, solved by bitcoin's inherent divisibility.

A USD will go a long way in Iraq. So will a few satoshis.

Examples: (in USD)
$0.46 for a litre of gas. = 0.0008 btc
$1 for a litre of milk      = 0.001739 btc

* source: http://www.numbeo.com/cost-of-living/country_result.jsp?country=Iraq

...

Another big problem would be how people living under ISIS could get the BTC, how do they pay for it?  

In Argentina, it is apparently not very easy to get BTC without having to pay a large premium over US BTC price, someone (seller) has to accept something of value for the buyer to get them.  

What poor Iraqi would have resources to buy any BTC?

http://motherboard.vice.com/read/is-the-islamic-state-really-using-bitcoin

In my opinion, this terrorist, at least their average members, are not very smart and also not kind people as well.
They will not ask you anything, they will took anything they find in your house and destroy your computer as ''devil's tool or something like that.
I don't expect that with this crazy people is possible some reasonable talk.

people in iraq are poor as hell, they are not very educated and are less exposed to western media.