Topic: Will bitcoin be used to support terrorists? - page 12. (Read 140916 times)
The terrorist word is still unsolved.who they are exactly and why they came up to existence,who bring them up and why what's the international politics behind this is a big question.it has no particular religion it is a religion of it's own.
Not only bitcoin all other currencies also used for terrorists we cannot stop that currencies cannot be responsible for any activities. It all about the persons who involved in terrorist activities they never think about humanity. If we discuss about terrorist we get tensed and better to stop from this word.
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?
I think it might be possible. But can you see how pathetic it is, that they will kill/stop bitcoin just because it is used to support terroris or bad guys. Bitcoin shouldn't be the one to be stop but the terrorist itself. They still can't stop terrorist just because they cut bitcoin existence, there are still natural money that can support them. And if they stop bitcoin, it would be a big regret because they stop or either regulate bitcoin that does helps their people and also their economy status just because of a single problem that still isn't got solve. It would be such a big mistake.
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?
Yes, it probably is used also for such purposes. But i would say in much smaller extent than USD. Yes i don't see anyone saying - dollar is a criminal money, it should be banned...
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?
Yes, it probably is used also for such purposes. But i would say in much smaller extent than USD. Yes i don't see anyone saying - dollar is a criminal money, it should be banned...
Maybe Bitcoin will be died if all countries ban it. But I don't think they will do that. Because Value of Bitcoin is too high now and they can earn profit from cryptocurrency. They have not willing to ban it. Don't worry!
Whatever the case might be, with bitcoin profiting is assured. The reason is that already several countries have started showing interest on bitcoin usage as well the technology usage for different purposes. Even if ban were imposed on bitcoin, the circulation happens in some other way. Terrorists usage has decreased a lot than the past. 
Bitcoin like other storage of values such as diamonds, gold, silver and fiat can be used for criminal activities. But then every other commodity that has storage of value can be used for this.
I think today terrorists are already using Bitcoin to conduct their illegal transactions,
because if by way of bank transfer they will be caught,
hopefully in the future there will be a way to minimize the movement of terrorists who use Blockchain technology for their dirty interests
because if by way of bank transfer they will be caught,
hopefully in the future there will be a way to minimize the movement of terrorists who use Blockchain technology for their dirty interests
In my opinion, bitcoin is used for anything because bitcoin is anonymous and is used freely in the world.
I believe that bitcoin is widely used by terrorists because terrorists use bitcoin as an untraceable transaction tool.
Bitcoin is indeed a haven for criminals to make transactions.
I believe that bitcoin is widely used by terrorists because terrorists use bitcoin as an untraceable transaction tool.
Bitcoin is indeed a haven for criminals to make transactions.
Well the reason why bitcoin is not that popular yet is because people have been using the excuse that is the way in which terrorists transfer money and how drugdealers and illegal armsdealer. many people are affraid of the anonymity behind it and immediately think the worst. what is really stupid in that reasoning is that every single existing currency on this planet (Dollar, Euro, GBPound, Yen, Dirams etc) has already been used for purchasing things illegally, so people should be just as afraid of cash than they are of bitcoin. It's just a matter of time until people start to fully accept the concept of bitcoin and blockchain. It is maybe harsh to put it this way but once the time of people who are too old and too afraid of bitcoin has passed, there shouldnt be many more obstacles since the younger generations and future generations will have grown up with technology and are therefore not be scared of it.
Maybe Bitcoin will be died if all countries ban it. But I don't think they will do that. Because Value of Bitcoin is too high now and they can earn profit from cryptocurrency. They have not willing to ban it. Don't worry!
I wouldn't be shocked if that's happening right now. Terrorists are funded for sure by some other powerful member of the Government, CIA or etc. which normally doesn't want to risk their identity to the public when their plans fails. Due to the advantage of Bitcoin such as decentralization and anonymity of one person, they'll use it also to their advantages so that they can easily transfer money without getting noticed by the Government itself. Terrorist nowadays are also upgrading for sure they are much more tech savvy than any other individuals which is a huge threat to all.
Bitcoin is money and one source of income for me. When I'm off work or having a free time, i'll use it to see crypto market and trade inside..
Every currency had been used in funding terrorism, so maybe BTC would also be used in future.
Bitcoins have an anonymous nature, that make sit difficult or we can say almost impossible to track the users, all people could know is a wallet address.
BTC had already been through hard time after the arrest of Ross Ulbricht , the owner of silk road , the site which was selling drugs online using tor and BTC as payment just because BTC had an anonymous transaction nature.
Maybe in future, tracking transaction could become easier and people using it for funding illegal activities could be identified.
This anonymous nature is one after the reason why governments are not accepting BTC.
Bitcoins have an anonymous nature, that make sit difficult or we can say almost impossible to track the users, all people could know is a wallet address.
BTC had already been through hard time after the arrest of Ross Ulbricht , the owner of silk road , the site which was selling drugs online using tor and BTC as payment just because BTC had an anonymous transaction nature.
Maybe in future, tracking transaction could become easier and people using it for funding illegal activities could be identified.
This anonymous nature is one after the reason why governments are not accepting BTC.
It depends on its users, Every currency may be used for the purpose of patronising terrorism act if you want, though Bitcoin system based on anonymous so that Bitcoin can be used for any illegal platform without any trace. But so far I have known to this platform bitcoin is still free-form every terrorism activities.
yes, bitcoin can not be trace and does not go through banks so it is a great things for bad guys using it.
Bitcoin is not created to support terrorists or anything that is against the law, its about the person who uses bitcoin on how he use it. We can avoid that to happen if someone wants to use bitcoin for his criminal actions and besides even USD or any Fiats is used to this kind of actions.
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?
Yes, it probably is used also for such purposes. But i would say in much smaller extent than USD. Yes i don't see anyone saying - dollar is a criminal money, it should be banned...
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?
Why would blame bitcoins? It is a form of currency and whether terrorists use it for their favor, the crypto doesn't have anything for it. That is the essence of this kind of payment method. It is not regulated by the government so it wouldn't be impossible that terrorist are using it. They might already dealing with bitcoins and we wouldn't know about it until now because of the anonymity of bitcoins.
Bitcoin is anonymous so that it can be used unlimited by anyone including terrorists, the possibility of the current terrorist transactions will be directed to bitcoin so it is not traced.
I believe the same thing like you, the terrorists are using bitcoin to transact money into other of their team so they can fund the things that they need like firearms and any other things. Bitcoin anonymity is sometimes a disadvantage like for example is the terrorist who using it for a bad purpose so it also damages the image of bitcoin. Jump to: