Will bitcoin be used to support terrorists? - page 10.

markleal

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Quote from: Doofus on April 06, 2017, 12:34:27 AM

On March 8th, Cheollima Civil Defense(CCD) released a video on its website claiming:” Han Sol, the son of Kim Jong Nam, and two other family members were met quickly and relocated to safety. “ And they receive bitcoin for financial support. http://news.8btc.com/bitcoin-plays-a-role-in-humanitarian-assistance This is something nice to do. But what if bitcoin be used to support some bad organizations, even terrorists? Is this already happening? What i am worrying is if bitcoin be widely used for bad things, negative news would be all over and bitcoin price will drop. It will lead to tougher regulation. Do u think world leaders are willing to kill btc to make sure they can fight terrirists?

Hi there Doofus, long before bitcoin reach to the streamline there are hundreds and thousands of individuals who have used bitcoin to buy illegal stuffs like drugs. It is not far from letting terrorist knew the advantage of it or maybe before you and I even knew about bitcoin, they are using it year ahead of us. But still the price don’t drop but it even continuous to increase year by year.

andrei214

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Quote from: Doofus on April 06, 2017, 12:34:27 AM

On March 8th, Cheollima Civil Defense(CCD) released a video on its website claiming:” Han Sol, the son of Kim Jong Nam, and two other family members were met quickly and relocated to safety. “ And they receive bitcoin for financial support. http://news.8btc.com/bitcoin-plays-a-role-in-humanitarian-assistance This is something nice to do. But what if bitcoin be used to support some bad organizations, even terrorists? Is this already happening? What i am worrying is if bitcoin be widely used for bad things, negative news would be all over and bitcoin price will drop. It will lead to tougher regulation. Do u think world leaders are willing to kill btc to make sure they can fight terrirists?

If that happens, bitcoin industry will be affected and its trust rate will be affected too.If once that bitcoin were used for committing crimes, many people would think that bitcoin can be bad and it can cause them to stop or not to use bitcoin.

tokexchain

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Quote from: Doofus on April 06, 2017, 12:34:27 AM

On March 8th, Cheollima Civil Defense(CCD) released a video on its website claiming:” Han Sol, the son of Kim Jong Nam, and two other family members were met quickly and relocated to safety. “ And they receive bitcoin for financial support. http://news.8btc.com/bitcoin-plays-a-role-in-humanitarian-assistance This is something nice to do. But what if bitcoin be used to support some bad organizations, even terrorists? Is this already happening? What i am worrying is if bitcoin be widely used for bad things, negative news would be all over and bitcoin price will drop. It will lead to tougher regulation. Do u think world leaders are willing to kill btc to make sure they can fight terrirists?

The thing with bitcoin is it is not anonymous, it's like the old addgae that Bitcoin is used mainly by drug dealers, in fact it seems at about 3% from market such as on the deep web and other off chain transactions, how many percent of paper and coin money is used for drugs and terrorists, I wonder... Governments will probably know of course.

maichimoto

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it can happen but it's quite unlikely. Terrorist are dealing with cash, they have their ways already, they don't need bitcoin. As these people have money and infrastructure. Bitcoin is traceable at the end of the day

Brik03

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Bitcoin like the euro or the dollar is nothing but a form of "exchange" called money. Therefore just like other currencies can be used for anything.

ghost07

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their will be a big chance that terrorists will help bitcoin go high becuase they can use it in some illegal transaction. they can use it to buy guns and other stuffs. they know that their transaction will be untraceable.

galkina

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Quote from: Doofus on April 06, 2017, 12:34:27 AM

On March 8th, Cheollima Civil Defense(CCD) released a video on its website claiming:” Han Sol, the son of Kim Jong Nam, and two other family members were met quickly and relocated to safety. “ And they receive bitcoin for financial support. http://news.8btc.com/bitcoin-plays-a-role-in-humanitarian-assistance This is something nice to do. But what if bitcoin be used to support some bad organizations, even terrorists? Is this already happening? What i am worrying is if bitcoin be widely used for bad things, negative news would be all over and bitcoin price will drop. It will lead to tougher regulation. Do u think world leaders are willing to kill btc to make sure they can fight terrirists?

Do you think that those terrorist organisations are not making use of other payment mediums like wire transfer or western union ? Are you going to ban all these payment mediums just because some terrorists are using it. There is no fault of payment system (bitcoin in this case). Instead of taking steps like banning bitcoins due to such activities, the governments should focus on ways to control the misuse. Since these terrorists organisations deal in huge amount of money, their activities can be traced with the help of bank authorities and bitcoin exchanges.

cuteness

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Yes and its inevitable though,one of the reason that bitcoin is good for terrorism activity is its anonimty.Its sad that there are people that uses it in negative way that suppose to be used in possitive.Bitcoin is made for the goodness of the people and not to destroy the people.

josephpogi

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Quote from: Doofus on April 06, 2017, 12:34:27 AM

On March 8th, Cheollima Civil Defense(CCD) released a video on its website claiming:” Han Sol, the son of Kim Jong Nam, and two other family members were met quickly and relocated to safety. “ And they receive bitcoin for financial support. http://news.8btc.com/bitcoin-plays-a-role-in-humanitarian-assistance This is something nice to do. But what if bitcoin be used to support some bad organizations, even terrorists? Is this already happening? What i am worrying is if bitcoin be widely used for bad things, negative news would be all over and bitcoin price will drop. It will lead to tougher regulation. Do u think world leaders are willing to kill btc to make sure they can fight terrirists?

If then, there might be a weapon dealer or shop accepting bitcoin because if not? how these terrorist able to convert bitcoin into real money? They cannot withdraw because they are wanted and their Identifications are invalid through banks and remittances unless they have normal person who covers them in buying weapons or dealing the ransom.

Udrujec

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Bitcoin does not affect the increase in the number of terrorist groups. Unfortunately, such organizations have existed for a long time, and they use dollars, euros and any other currency. On the contrary, bitcoin will be too inconvenient for them, as it can be tracked.

sirkings0003

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This is a possibility, looking at the nature of operations of blockchain system upon which bitcoin and cryptocurrency runs. It is easier to send and receive funds without trace.

Muktar

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probably because they can buy weapons from abroad and their transactions using bitcoin is very dangerous Cry

tonmoycrypto

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It could make certain transactions easier though, but the same goes for any new technology. Bad people can always use it for their purposes as well.

surfinonmyownwavebaby

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Sadly yes but lets not overlook the fact that there are other currencies in the world that support illegal activities much more and more frequently. That isn't to say we condone this behavior with Bitcoin, but it is to say if people want to fund illegal activities they will find one way or another to do it.

chichigirl

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Bitcoin is transferable and the transaction that was made by anyone cannot monitor. So, it can be used by terrorist or anyone to support other people.

luigidosado

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Quote from: Doofus on April 06, 2017, 12:34:27 AM

On March 8th, Cheollima Civil Defense(CCD) released a video on its website claiming:” Han Sol, the son of Kim Jong Nam, and two other family members were met quickly and relocated to safety. “ And they receive bitcoin for financial support. http://news.8btc.com/bitcoin-plays-a-role-in-humanitarian-assistance This is something nice to do. But what if bitcoin be used to support some bad organizations, even terrorists? Is this already happening? What i am worrying is if bitcoin be widely used for bad things, negative news would be all over and bitcoin price will drop. It will lead to tougher regulation. Do u think world leaders are willing to kill btc to make sure they can fight terrirists?

Bitcoin has been all over the internet. One of the bitcoin's nature is its anonymity wherein its users are allowed without validating the users identity from the different parts of the world. Even transactions on bitcoin are also anonymous. Bitcoin is created to connect people and make transactions from the different parts of the world. There's a lot of possibilities that bitcoin can be used for transactions of different terrorist group because of its anonymity at the same time bitcoin is not regulated by the government that's why they can transact freely on it.

Sevarchik

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I dont think what terrorist accept bitcoins for their work, only hardcore only usd.
Using btc for making money for terrorist its can be, but you can sell ice cream also for supporting terrorists

Sithara007

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Bitcoin may be used by some of the terrorist groups, but I don't think that it is one of the preferred modes of payment for them. Bitcoin payments are not 100% anonymous, and converting BTC to cash can be a cumbersome process (especially in many of the third world nations).

swordling143

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Quote from: Doofus on April 06, 2017, 12:34:27 AM

On March 8th, Cheollima Civil Defense(CCD) released a video on its website claiming:” Han Sol, the son of Kim Jong Nam, and two other family members were met quickly and relocated to safety. “ And they receive bitcoin for financial support. http://news.8btc.com/bitcoin-plays-a-role-in-humanitarian-assistance This is something nice to do. But what if bitcoin be used to support some bad organizations, even terrorists? Is this already happening? What i am worrying is if bitcoin be widely used for bad things, negative news would be all over and bitcoin price will drop. It will lead to tougher regulation. Do u think world leaders are willing to kill btc to make sure they can fight terrirists?

The safety lies on the bitcoin wallet that we all use. Most wallets require some identification and pictures in order for it to function at it’s best. Now, if he terrorist is known, then it will be easier to track them down, unless of course the terrorist uses another identity or person for bitcoin to be transacted.

Ianbadz2000

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Quote from: boyptc on April 06, 2017, 12:56:58 AM

Quote from: Doofus on April 06, 2017, 12:34:27 AM

On March 8th, Cheollima Civil Defense(CCD) released a video on its website claiming:” Han Sol, the son of Kim Jong Nam, and two other family members were met quickly and relocated to safety. “ And they receive bitcoin for financial support. This is something nice to do. BUt what if bitcoin be used to support some bad organizations, even terrorists? Is this already happening?

Do you have any proof for this news? I want to read the whole article but if this is for real. It doesn't matter if they are going to use bitcoin for supporting terrorists. How about fiat money, dollars and everything that does have value? They are using it for supporting those people and it's up to them if they will use it for good or bad.

Exactly we cannot stop terrorist if they used bitcoin in bad doings,but to prevent more on this not to tel to other bad people either to make this scattered to those perpetrators,.

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