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Topic: Will bitcoin be used to support terrorists? - page 17. (Read 140916 times)

newbie
Activity: 42
Merit: 0
Some people abuse the use of bitcoin one of bitcoin  become major payment instrument in the sale and purchase of illegal goods / services on the Deep Web site. Deep Web is a site that can not be accessed by ordinary browsers and can not be found in search engines, where it is more like an illegal market that sells illegal drugs, illegal goods even to the killer.
The reason why Bitcoin is chosen by them is because Bitcoin is free from rules, it is unfettered and affected by the global economy. Anonymous or unidentified transactions also further safeguard the secrecy of this Bitcoin transaction.
sr. member
Activity: 336
Merit: 250
unfortunately this might happen in the future! being untraceable bitcoin can be used in criminal activities  Embarrassed
sr. member
Activity: 553
Merit: 250
This is the side of weakness if everything anonymous, I'm sure the factor bitcoin  price increase due to the high demand for funding terrorists and illegal transactions such as drugs, illegal weapons and so on.
hero member
Activity: 896
Merit: 521
Offcourse bitcoin can fund terrorism just like any fiat. Let me make it clear that the main funders of terrorists are none but governments of many countries. Such governments can easily fund terrorist with fiat without getting caught as they are in direct contact with them.

Now lets come to bitcoin. Bitcoin can indeed be used to fund terrorism, but there will be a path; the path may well be encrypted, but there will still be a path. Bitcoin will present tools that the state may well choose to use to track terrorist funding. Which wasn't possible with fiat.
full member
Activity: 588
Merit: 128
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?
In my opinion, yes Bitcoin can be used to support terrorists and maybe, while we are talking about this, some transactions were made for this kind of funding. This result of Bitcoin can not be denied.

Bitcoin will be " bad " if it's use to something illegal like terrorism. Bitcoin itself has nothing to do with this activity. This will all depend on how the person use this, will it be use in good or bad it doesn't matter because bitcoin is pseudonym and no one can control this.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
It is already being used but we cannot do anything about it. Terrorist will use FIAT or any other form of payment as long as it fits in their agenda and helps them achieve their goals. The good thing is that FIAT like dollar is responsible for 99% of terror attacks and only 1% is funded through bitcoin.
hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
Yes bitcoin may be used to support terrorists and at the same time it can be used to help and support poor and needy people too. Just like fiat bitcoin too can be used and misused. If any one of us or if the government of any country think that bitcoin has or may make things easier for terrorists or criminals then it's not true because the terrorism came into existence even when there were no bitcoins. It's the loopholes in government machinery because of which governments all over the world have failed to curb terrorism and there's no fault of bitcoin in it. And that's not a fair reason to blame bitcoin of anything wrong happening in this world using bitcoin.
full member
Activity: 476
Merit: 100
Now bitcoin is already in use by bad guys because bitcoin they can earn money ,, and the money is used for uncertain things.
sr. member
Activity: 434
Merit: 250
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?
Bad people will always try to misuse things for their own personal gains, it's no doubt that bitcoins will be used to finance terrorism by people who would want their involvement to be anonymous,  I think on that front, I support a regulation of the currency.
legendary
Activity: 1274
Merit: 1004
bitcoin is already being used by many bad guys. but that does not mean that we should do anything to bitcoin because of that. if there was no bitcoin then those bad guys will use any kind of money but still, the will do whatever they are doing. everyone has equal rights on using bitcoin no matter what is the reason of using it but both good and bad uses it. if media wants to highlight these points mainly then they are free to do it and I don't think it will affect the bitcoin price because almost anyone knows that how bad bitcoin is being used for.
hero member
Activity: 1078
Merit: 514
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 right it's the same thing if to ask "has dollar been used for terrorists support?". Bitcoin is the same money like fiat, if you know how to use it - there are no borders for the use.
hero member
Activity: 2310
Merit: 532
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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.
full member
Activity: 138
Merit: 100
I think this is very possible, bitcoin transactions are anonymous so that anyone who uses is not detected, I'm sure terrorists and illegal transactions are now using bitcoins.
sr. member
Activity: 484
Merit: 251
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
sr. member
Activity: 526
Merit: 250
With the current status of bitcoin, anybody can use bitcoin and nobody will know who did what and who received what. Of course no one will want to be known to be a terrorist so the best way to transact will be through bitcoin. It is on this note that most authorities, governments included, are reluctant to adopt the use of bitcoin. I think it will take sometime and so many formalities for bitcoin to be universally accepted.
sr. member
Activity: 663
Merit: 250
Well, anything can be used to support terrorists. There are no exceptions. Bitcoin may be used as with all kinds of fiat currencies.

FB may be used as also with twitter, television, radio, and you know what? Even religion is not spared. Even god is used to support terrorists, right?

So there is really no special thing about bitcoin if it will be used to support them. The right of course, as you all know, is that there should not be a single thing to be used to support them. Instead, things should be used to stop all them.
hero member
Activity: 1190
Merit: 500
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?
In my opinion, yes Bitcoin can be used to support terrorists and maybe, while we are talking about this, some transactions were made for this kind of funding. This result of Bitcoin can not be denied.
Actually no one knows about it. Because nobody knows about a person's goals in the transaction because of decentralization so nobody will know. So many people just guess about terrorists who use bitcoin in their transactions Just because the bitcoin is anonymous
full member
Activity: 308
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?
In my opinion, yes Bitcoin can be used to support terrorists and maybe, while we are talking about this, some transactions were made for this kind of funding. This result of Bitcoin can not be denied.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
It can be used by terrorist or other bad organization.But bitcoin is not bad.It can used by everyone.I say that terrorist are problem therefore what are they used is not problem.

agree with you, with anonymity of bitcoin, every people can used bitcoin no matter he is related with terrorist or not. but i think if we can make a good thing with bitcoin then why should we make it for bad thing? its still better to do a good thing in our life and make decent of money for our life and make our life is worth.
That's beyond the system control anymore, bitcoin is just a tool and it has its fixed function but if a person will decide to use
it for illegal activities then it is his choice and it cannot be blame with bitcoin.
If paper money is used for illegal activities like terrorism, how much more bitcoin which is more advance.

i am agree with you and in my mind, bitcoin is independent, not related with the good or the bad thing. only user will know what he want to do with his bitcoin. bitcoin itself is only a tool and everybody can used it by free even for just owning in their wallet. i think bitcoin and fiat is the same, is only user that could determine what is the function for him self.
sr. member
Activity: 532
Merit: 250
Well, we don't know about that, but it might happen. I mean, the terrorists can easily use bitcoin as the payment for buy some weapons because it's anonymous and it's easy to use bitcoin and only need internet to transfer the money.
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