I can't find the Reuters figure they are talking about, but this can't be good:
"According to Reuters, the European Union will move to clamp down on this digital currency which has reportedly been used to anonymously fund terrorism - the Paris ISIS attackers reportedly had a Bitcoin wallet worth more than $3m."
http://www.pcadvisor.co.uk/how-to/internet/what-is-bitcoin-how-do-you-mine-it-3515249/
Topic: Will bitcoin be used to support terrorists? - page 24. (Read 140916 times)
In my opinion you need to be stupid to think that bitcoin is something that is made to help criminal groups, gangs or terrorists.
It can obviously be used for purpose of financing such a terrorist organizations, or any different kinds of criminal groups that get profits from selling drugs, kidnapping people or just regular assasinations.
But that doesnt mean that cryptocurrencies are something evil, in fact those "bad guys" use also USD or any other currency (depends on country) and nobody talks that we should delegalize $ just because of that.
It can obviously be used for purpose of financing such a terrorist organizations, or any different kinds of criminal groups that get profits from selling drugs, kidnapping people or just regular assasinations.
But that doesnt mean that cryptocurrencies are something evil, in fact those "bad guys" use also USD or any other currency (depends on country) and nobody talks that we should delegalize $ just because of that.
Absolutely no bitcoin dont support terrorist illegal transaction but luckily bitcoin has a features that terrorist that can use to make illegal transaction in all over the globe and can be a threat in any country.
Bitcoin is a technology, its not a society of politicians to support someone every other day. Its nothing to do with Bitcoin if terrorists use it for their own purposes. They use the technology of Guns and Bombs and Social media too for their purposes. Can we blame all on them..?
That's correct, Bitcoin just like other fiats can be used for any transaction by anyone or terrorists for reasons best known to them without governments censorship so it's possible but I hope the community and the core Devs for that matter might be able to come up with a way to stop the wrong usage of Bitcoin without breeching privacy.
Absolutely no bitcoin dont support terrorist illegal transaction but luckily bitcoin has a features that terrorist that can use to make illegal transaction in all over the globe and can be a threat in any country.
Bitcoin is a technology, its not a society of politicians to support someone every other day. Its nothing to do with Bitcoin if terrorists use it for their own purposes. They use the technology of Guns and Bombs and Social media too for their purposes. Can we blame all on them..?
Absolutely no bitcoin dont support terrorist illegal transaction but luckily bitcoin has a features that terrorist that can use to make illegal transaction in all over the globe and can be a threat in any country.
Bitcoin is a technology, its not a society of politicians to support someone every other day. Its nothing to do with Bitcoin if terrorists use it for their own purposes. They use the technology of Guns and Bombs and Social media too for their purposes. Can we blame all on them..?
Absolutely no bitcoin dont support terrorist illegal transaction but luckily bitcoin has a features that terrorist that can use to make illegal transaction in all over the globe and can be a threat in any country.
But you don't have to blame bitcoin for that. Terrorist is just taking advantage of bitcoin technology to used it in their illegal activities. This is one example why bitcoin is not being accepting by some countries. Because its de-centralize, government can't control who are using it in illegal or illegal means. But I believed that fiat is only used to fund terrorist. So it doesn't make sense for the government to ban bitcoin because both fiat and bitcoin can be used illegally.
Absolutely no bitcoin dont support terrorist illegal transaction but luckily bitcoin has a features that terrorist that can use to make illegal transaction in all over the globe and can be a threat in any country.
Bitcoin is heavily used in deep web. There are lots of illegal activities going on there. But specifically it is funding terrorist is hard to say. Moreover, cash is already a best suited option for funding terrorist. Money laundering is happening, some of them are supported by some huge banks. So who needs bitcoin. I am not denying the possibility of bitcoin being used in terrorist activities. But fiat is preferred.
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 was used from terrorists before your post. Terrorists of one of terrorists attacks a Paris have used it and this was mentioned by the Authorities. The problem is that I don't see problem here. Or better. No problem compared to the other money. Bitcoin is money and can be used like the all other currencies. For bad and for good. Depends from the hands in which is used. So have any fault. The terrorist will go all at jail or dead and bitcoin will go higher and higher in value. ;-)
For some reason seeing this kind of incident was very normal indeed, and we can not do anything regarding this because all of us can use bitcoin, all of us has an authority in having a part of bitcoin with us and we can not do anything about it if a person or group would use bitcoin for their own interest, just like in Ohio were pair of the Ohio inmates were found using bitcoin in prison, The two inmates were able to effectively hijack the system by using stolen information from a former corrections employee and computers obtained from a hardware salvage program conducted at the prison. well that is a part of criminals using bitcoin in the news of Coindesk.
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 was used from terrorists before your post. Terrorists of one of terrorists attacks a Paris have used it and this was mentioned by the Authorities. The problem is that I don't see problem here. Or better. No problem compared to the other money. Bitcoin is money and can be used like the all other currencies. For bad and for good. Depends from the hands in which is used. So have any fault. The terrorist will go all at jail or dead and bitcoin will go higher and higher in value. ;-)
Anything is possible with bitcoin as it is as good as cash in fiat. Whether to support in terrorist or for good purposes it depends to someone who is utilizing it.Same with our fiat money whether you spend it to terror activity or for a noble one, its the holders choice.
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
everyone is free to use bitcoin in what and where do we need it. we cannot prohibited people that are bad to whom they are using it. Everyone has a privilege to use it and everyone is able to invest it anywhere. You can't dictate everyone to where we can use it, invest it and spend it. We are all free to use it everywhere we wants it.
Bitcoin is being used by a lot of illegal transaction but I dont think it is the terrorists.
I havent seen one or any rumors out there and even when I google it or maybe some forum that they were talking about this. Even diving the deeper web.
Oh! and terrorists are being funded by something else out there that we didn't know. They use fiats.
If ever they will use bitcoin we wont trace it also.
I havent seen one or any rumors out there and even when I google it or maybe some forum that they were talking about this. Even diving the deeper web.
Oh! and terrorists are being funded by something else out there that we didn't know. They use fiats.
If ever they will use bitcoin we wont trace it also.
No doubt Bitcoin is being used by terrorists around the world. You can read about it here, for example:
https://www.cryptocoinsnews.com/former-cia-analyst-says-terrorists-utilize-bitcoin-boost-funding/
But should this information be seen as a negative connotation to Bitcoin? No. Terrorists also use fiat, Internet, cars etc., all those things normal people use in daily life, and we can do nothing about that.
Bitcoin is being used by a lot of illegal transaction but I dont think it is the terrorists.
I havent seen one or any rumors out there and even when I google it or maybe some forum that they were talking about this. Even diving the deeper web.
Oh! and terrorists are being funded by something else out there that we didn't know. They use fiats.
If ever they will use bitcoin we wont trace it also.
I havent seen one or any rumors out there and even when I google it or maybe some forum that they were talking about this. Even diving the deeper web.
Oh! and terrorists are being funded by something else out there that we didn't know. They use fiats.
If ever they will use bitcoin we wont trace it also.
Sure btc get increased usage on terrorist activities and illegal purposes because of the anonymous nature.
That is one of the reason why the government doesn't want bitcoin is because bitcoin is anonymous and it can be abused by the corrupt people to do or pursue such illegal things like using it in the underground market and it can be use to support the terrorist also because the people or the team behind bitcoin will not notice this support because bitcoin is not traceable and they can easily abuse this because bitcoin is anonymous. 
Sure btc get increased usage on terrorist activities and illegal purposes because of the anonymous nature.
Doofus.....he said it himself.
It is hard to believe someone without any proof or solid evidence about this, though it is possible that bitcoin could be use by supporting the terrorist, but the big question here is who will support the terrorist? and going to use bitcoin for it? I guess it is a little hassle, they would rather use fiat for it, since it is just the same that they are going to support the terrorist.
The only thing is they are anonymous if they are going to use bitcoin, but, still, the bottom line here is they are going to be revealed in the end because there is no secrets that can't be reveal.
Bitcoin is not really supporting terrorist to do many illegal transaction but some how the bitcoin has a feature that the terrorist can use in many transaction like bitcoin is anonymous,fast,you can buy all over the world, a digital currency you can but in every store or in online store because they accept bitcoin like illegal online store silk road, dark net.
If i remember first the bitcoin was introduced to use it for silk route to deal the underworld mafia transactions, and then after the silk route was shut down by the government the bitcoin technology was leaked out and then it came to the real world and everyone started to enjoy it, not it is more like a online digital currency. So it is upto the users to use it which ever way they want just like fiat currency is also used by both good and bad ways. Then why only bitcoin is getting so much of attention
Just like everybody saying here, it still depends on how people will use it. It can be used to support bad people but that's the drawback of having such a good currency. We can't control the ideas of people, we can't control how they behave and we won't know how they will use BTC. That's real talk and that's real world. Instead of blaming something or someone just be part of the something good. The wrongs of the world are clear, we know that. Be the one who fights for the good even if it caused your life. The good BTC must not be used in things like that.
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