Topic: Will bitcoin be used to support terrorists? - page 20. (Read 140916 times)
Bitcoin maybe Regulated or destroyed but no can destroy cryptocurrency/Blockchain unless you kill the Internet (very unlikely) . It more like a moron uprooting a community Bank gaint door and hiding it in a forest believing that no one will have access to the Bank.
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?
It is possible because it is anonymous and decentralized we have seen it happening in the darknet so it could happen and it's happening right now,it's a currency no one controls unlike a credit card and world leaders will definitely do something if bitcoin become the source of funding of terrorist acts and organizations.
Bitcoin is just like anything. USD, JPY, CHF, EUR, etc have a bunch of terrorists trying to make money with their currencies and the government does not really want to shut down the currency because their economy will collapse pretty easily.
It's pretty easily for the Government to try to blame Bitcoin for things because they think that people will stop using it.
It's pretty easily for the Government to try to blame Bitcoin for things because they think that people will stop using it.
True. It's just a medium, just travelling though frequences but like money it's just a tool used for transaction. The problem here is we always blame something like BTC because we can't stop the immoral acts so we blame it to the materials of society not knowing that the real problem lies on our selves. Humanity are just afraid to take responsibility to all of this that's why they are passing the responsibility to tools and stuffs and beliefs.
yes it is, i think that we cannot prohibits bitcoin to be earn and spend by the bad people or other people, we cannot recognized who are using bitcoin , everyone is free to earn this, and i think in the dark web as they have been said, the unit of money that has been payment to them is bitcoin , i think bitcoin is free to use by everyone who are in needs.
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?
They will use bitcoin as their money transaction but doesn't mean it's supported by people for bad doings like that. Even real money or tangible money can be used to support bad groups like terrorists. They will use their money in many ways on whatever they want. I think money is the number one powerful tools in the world so now, bitcoin is the one of leading digital currency in our technology age and it will also be dominating other currency because it can be easily owned. Yes terrorists are using bitcoin too by doing some shitty transaction online or in dark web many of them are knew about bitcoin or those who are actually in dark net they are making illegal transaction there or accepting payment if they had works to do.
It's normal activities of the terrorists or bad ppl. They also human being, so why didn't take advantage this technology? If they used in illegal purposes because all people have freedom to use bitcoin no matter what where they want to use their bitcoin. We don't worried about that so much. But like us real user we condemn this type of uses. 
Re: Will bitcoin be used to support terrorists?
I hate this kind of FUD & trolling, everything that has a monetary value has & will be used in illegal activity. Cash is the main thing used for this.
I hate this kind of FUD & trolling, everything that has a monetary value has & will be used in illegal activity. Cash is the main thing used for this.
I’m sure it will happen, although they may prefer more anonymous coins like Monero. I really don’t think it’s a bid deal, however; all currencies are used for bad things as well as good things.
Obsolutely not it will not support terrorist because obvioulsy it is illegal when that happened probably it will be banned all over the world but luckily the bitcoin can be use by terrorist to have a transaction all over the globe easyli using bitcoin thats illegal but not illegal having a transaction in bitcoin.
Transaction over bitcoin is not illegal, that is why they can use bitcoin and use it's anonymity to hide their selves from the authority that is why no one can guess if a transaction over bitcoin is use for illegal or not, we can not simply determine it for now and this kind of transaction are really added to the community as legal.
Obsolutely not it will not support terrorist because obvioulsy it is illegal when that happened probably it will be banned all over the world but luckily the bitcoin can be use by terrorist to have a transaction all over the globe easyli using bitcoin thats illegal but not illegal having a transaction in bitcoin.
It does not matter if it is illegal or not. It will probably be used anyway the same way it is already used on the deep web in the purchase of drugs and other illegal products. The only issue is if countries like the USA start to ban the coin because they don't have any control over it.
Obsolutely not it will not support terrorist because obvioulsy it is illegal when that happened probably it will be banned all over the world but luckily the bitcoin can be use by terrorist to have a transaction all over the globe easyli using bitcoin thats illegal but not illegal having a transaction in bitcoin.
Bitcoin is a digital currency that is been used by.many people online which gives you anonymity and decentralized currency. Anonymity, which makes it more ideal to be used in illegal activities. Bitcoin is been used in the past in many illegal activities, but still bitcoin is still circulating a country's blood. Even if bitcoin is used in such a way, bitcoin is not in the wrong, the user is the wrong one, not the bitcoin.
Yes terrorists are using bitcoin too by doing some shitty transaction online or in dark web many of them are knew about bitcoin or those who are actually in dark net they are making illegal transaction there or accepting payment if they had works to do.
Everyone's using bitcoin to their own usage and will, including terrorists. I feel that Bitcoin is also helping terrorist in a way that bitcoin transaction are secure and anonymous and no one will be able to track the sender receiver for the illegal things. It may be used to purchase high explosive weapons or even drugs etc. But still we cannot suggest Bitcoin is responsible for this all terrorist activities. Its just helping them to hide their identity and keep doing illegal work in darknet
Personally, I don't think that real terrorists are using Bitcoin much
And by these I mean dudes from ISIS, Al-Qaeda, and similar gangs. Despite claims of being anonymous, Bitcoin is not anonymous and can still be traced provided enough resources are employed. But this is not the main reason. The scale of warfare that these groups are engaged in requires dozens if not hundreds of millions of dollars constantly flowing in to pay for ammo, arms, and meat. Bitcoin is simply not usable on this scale. Saudi Arabia seems to be spending literally billions of dollars on terrorism, obviously they don't care about bitcoins
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
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
Correct, the only thing about here is that we are worrying about this too much. Who cares if bitcoin will be used on supporting the terrorist? those who are going to use bitcoin in an illegal way should be the one worrying about this, and not us. But of course it would be a problem since it would be hard to track people who's using it on the illegal ways because bitcoin is anonymous.
Maybe that is why terrorist are taking this advantage to pursue their every mission to destroy the world, their enemies.
Obsolutely not it will not support terrorist because obvioulsy it is illegal when that happened probably it will be banned all over the world but luckily the bitcoin can be use by terrorist to have a transaction all over the globe easyli using bitcoin thats illegal but not illegal having a transaction in bitcoin.
Fiat/Real money is being used since long time ago to support terrorists so how much more Bitcoin that is decentralize. the essence of Bitcoin is to work as a medium of exchange using cryptography to secure the transactions. Bitcoin is money even though it is not tangible it is money and it will be use to deal with bad things in the world. So whatever the intentions of the individual that is holding a Bitcoin must be responsible.
As long as bitcoin holds an equivalent value in the form of US dollars then it can be used to fund terrorists. If dollars can be used then how much more bitcoin which can be sent without the anti-money laundering commission eyeing your transactions. But of course any illegal transactions will still be uncovered and sooner or later the authorities will gonna find out who is behind this kind of illicit transactions.
It seems that you just repeat what I am trying to say, lol. You are exactly right about that every single thing that has value can be use or trade to another bad things, it is just a matter who will use that valuable thing.
Yes terrorists are using bitcoin too by doing some shitty transaction online or in dark web many of them are knew about bitcoin or those who are actually in dark net they are making illegal transaction there or accepting payment if they had works to do.
They have a broad way of thinking and for sure they are aware that there's an existing coin that can be used for paying illegal things that they will purchase. In everything that we are using, it can be used for good or bad depending on how they are going to use it. And as the title is asking, for sure they are doing it.
Yes terrorists are using bitcoin too by doing some shitty transaction online or in dark web many of them are knew about bitcoin or those who are actually in dark net they are making illegal transaction there or accepting payment if they had works to do.
Everyone's using bitcoin to their own usage and will, including terrorists. I feel that Bitcoin is also helping terrorist in a way that bitcoin transaction are secure and anonymous and no one will be able to track the sender receiver for the illegal things. It may be used to purchase high explosive weapons or even drugs etc. But still we cannot suggest Bitcoin is responsible for this all terrorist activities. Its just helping them to hide their identity and keep doing illegal work in darknet.
Fiat/Real money is being used since long time ago to support terrorists so how much more Bitcoin that is decentralize. the essence of Bitcoin is to work as a medium of exchange using cryptography to secure the transactions. Bitcoin is money even though it is not tangible it is money and it will be use to deal with bad things in the world. So whatever the intentions of the individual that is holding a Bitcoin must be responsible.
As long as bitcoin holds an equivalent value in the form of US dollars then it can be used to fund terrorists. If dollars can be used then how much more bitcoin which can be sent without the anti-money laundering commission eyeing your transactions. But of course any illegal transactions will still be uncovered and sooner or later the authorities will gonna find out who is behind this kind of illicit transactions.
Yes terrorists are using bitcoin too by doing some shitty transaction online or in dark web many of them are knew about bitcoin or those who are actually in dark net they are making illegal transaction there or accepting payment if they had works to do.
I am afraid, one day will be hacked Bitcoin
what means of it? you want to hack or you afraid if bitcoin get hacked someday and the hacker get all bitcoin,,,if something like that it is maybe already happened. because some people get hacked and hacker will use any way to steal someone's coinJump to: