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Topic: Will bitcoin be used to support terrorists? - page 16. (Read 140916 times)

full member
Activity: 167
Merit: 100
There is surely an involvement of bitcoin with the terrorists but the only thing that amuses me is even if terrorists somehow get bitcoin how are they able to convert it in cash as many terrorists reside in areas were civilisation is over because of the destruction they caused I'm sure there is surely a government involvement

I think bitcoin  and fiat are bot used for good and bad, it just depends who is presenting the information in the media.
hero member
Activity: 812
Merit: 510
There is surely an involvement of bitcoin with the terrorists but the only thing that amuses me is even if terrorists somehow get bitcoin how are they able to convert it in cash as many terrorists reside in areas were civilisation is over because of the destruction they caused I'm sure there is surely a government involvement
sr. member
Activity: 1330
Merit: 291
There is no currency in the world that has not been used by the terrorist in other to perpetrate their activities, and that does stop the uses of those currency till today. Bitcoin is for everyone who care to use it without deprivation of who to use or who not to use.
newbie
Activity: 15
Merit: 0
We should worry about this. I believe that in future, when every person could pay for every thing by bitcoin and other crypto currency,  we'll figure out how to make the currency safe
full member
Activity: 938
Merit: 137
Since one of the principles of working with crypto currency is its anonymity, it is possible that bitcoin will be used by terrorists. But from this tragedy it is not worth doing. Virtually all can be used for good, and with a bad purpose.
sr. member
Activity: 434
Merit: 250
There was a funny moment when I was explaining btc to the boss of dev company in Paris, and I told him like would need to avoid it's used to fund jihadism, and he laughted saying , barf we are already funding them anyway !  Lmao

It's not like there are not big financial institutions mixed with those group, they dont need bitcoin for this  Cheesy
Haha, I think he is right about that. Anyways, I don't think that bitcoin be used to support terrorist, because even the real money can be used in terrorist activities.
I don't like this idea to decrease the value of bitcoin with this bad things, maybe because it's anonymously, terrorist like to use it., else it is like the real money. we can use it for bad or good things, it depend of  the owner of bitcoins.

full member
Activity: 238
Merit: 100
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?
Dont really support the terroridt when it comes in transaction but we all know that bitcoin is a great way to for the terrorist to make an a easy illegal transactions so better for them to use it but obviously bitcoin just wanted to make our life easier in currency.
hero member
Activity: 1092
Merit: 501
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 is going to be used for all kind of purposes, from those that are altruistic in nature to those that seek to damage society, that is just the way it is and there is nothing to be done about it, that is the way bitcoin is designed, you don’t need an id to create your wallet and you don't need any kind of KYC in order to receive coins, your coins cannot be frozen by a third party if you have control of your wallet, so unfortunately the answer to your question is yes.
full member
Activity: 322
Merit: 151
They're tactical
There was a funny moment when I was explaining btc to the boss of dev company in Paris, and I told him like would need to avoid it's used to fund jihadism, and he laughted saying , barf we are already funding them anyway !  Lmao

It's not like there are not big financial institutions mixed with those group, they dont need bitcoin for this  Cheesy
sr. member
Activity: 434
Merit: 250
Perhaps it is because of this factor that some governments prohibit use of bitcoin in various countries, which sometimes bitcoin is used only as a means of illegal transactions for those who have bad intentions.
newbie
Activity: 17
Merit: 0
It can happen, we all know that bitcoin has the feture of being anonymous, so using bitcoin on transactions with terrorist or any illegal tradingis a big advantage for them.
sr. member
Activity: 406
Merit: 250
that doesn't make bitcoin bad, everyone is free to use bitcoin, and you can't deny them no matter what they are or from where they come from, this is also part of the decentralization

what matter is that they don't see bitcoin as a bad tool only because bad guys are using it, the same terrorists can easily use cash or electronic payment, therefore the problem are terrorist not what they use

Bitcoin is cash also, so it can use like money or fiat there such information from other link that bitcoin can use from illegal products using bitcoin. There are place or market from the internet that you can buy an illegal fire arms and also illegal products that you want.
full member
Activity: 290
Merit: 100
I say very likely, this is because the anonymous bitcoin transactions and can be used by terrorists for the cost of their activities. This should be immediately solved because it could make the reputation of the bitcoin drop.
Bitcoin can and is free to use anyone, open the wallet only takes 5 minutes without identity verification, and certainly very likely for terrorists to take advantage and use of the bitcoin.
member
Activity: 1232
Merit: 12
I say very likely, this is because the anonymous bitcoin transactions and can be used by terrorists for the cost of their activities. This should be immediately solved because it could make the reputation of the bitcoin drop.
sr. member
Activity: 602
Merit: 250
I think bitcoin is being used to support terrorists. Money is used for bad purposes, right? So do bitcoin. If something has value, it will be abused for many other things. The war between good and evil will never over
That’s a realistic answer. Bitcoins are not yet used by terrorists and there are very rare chances of this to come true. People are little afraid of using it as main trading stream currency because of its decentralization and anonymity. However, all these issues will be resolved soon. So stay positive.
full member
Activity: 490
Merit: 101
Probably because all bitcoin transactions connected to the Internet network that makes all the transactions so much easier and also if transacting bitcoin in large numbers usually no one is suspicious because many do not know about bitcoin Tongue Tongue
Something very often raises the question of how yours can be connected with terrorists and it is thanks to their capabilities and dignity, very much helps an accessible environment. It seems to me that this will bring but that not only Bitcoin But all the crypto currency will be under strong control.
full member
Activity: 634
Merit: 118
Bounty Hunter Indonesia
Probably because all bitcoin transactions connected to the Internet network that makes all the transactions so much easier and also if transacting bitcoin in large numbers usually no one is suspicious because many do not know about bitcoin Tongue Tongue
newbie
Activity: 28
Merit: 0
Of course Every monetary system has its benefits and its failures, but the Fiat currency also has tax havens
newbie
Activity: 28
Merit: 0
It is pretty possible. Btc provides anonimyty and it's safe to use as for normal people, so as for terrorists, but I doeson't meen that btc should be banned. Terorist also use cars but we don't bann them, do we?
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
I think bitcoin is being used to support terrorists. Money is used for bad purposes, right? So do bitcoin. If something has value, it will be abused for many other things. The war between good and evil will never over
Lot of transactions for the terrorists need might have taken place through bitcoin, though bitcoin is not familiar around similar to USD which is the most used asset for all illegal transactions. In the beginning bitcoin was completely used for illegal and gambling purpose which has slowly grown to this level in the short.

Two claims with no support.
Where do you get this "lots" from? I've already said it, for a terrorist organisation bitcoin is a pain in the ass that is posing more problems than it solves.

Second one... "completely" ?
Yeah , sure. Search the forum a bit, you'll be amazed how many legal things were being sold and bought well before darknet markets.
After all, the first thing that was ever bought with BTC was a pizza not coke.


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