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Topic: Will bitcoin be used to support terrorists? - page 25. (Read 140935 times)

sr. member
Activity: 382
Merit: 311
Doofus.....he said it himself.
sr. member
Activity: 406
Merit: 252
Veni, Vidi, Vici
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. 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?

Let say that Han Sol was using gold instead of bitcoin, and may be he has some, do we say, now, that gold is used to support terrorism? Nobody could support something like that because rest of the people would laugh with him; Therefore, it's only rumors so as people to be convinced that crypto currencies are used only for illegal activities.
legendary
Activity: 3038
Merit: 1169
yes bitcoin can be use to support terrorism and not only terrorism but anything illegal can be supported since it is anonymous and every transaction can not be trace it can easily support extremist activities, much easier now that the bitcoin started to accepts in some establishments as payment for purchasing something.
Bitcoin is pseudo-anonymous and can be traced. your post just doesn't make sense, and if i recall, there's very few revelant news that informing if bitcoin support terrorism

Well Bitcoin doesn't really support terrorism, bitcoin support everyone that has a bitcoin, and that is the community, bitcoin services don't have the knowledge in knowing who is the terrorist in the community they will just make transaction like that if there is one! certainly everyone can use bitcoin but it doesn't mean that bitcoin is supporting terrorism and people with an illegal transaction involve using bitcoin, well Fiat currency was certainly been use in illegal too, why does bitcoin is the only one to gets all the blame?
sr. member
Activity: 1498
Merit: 251
KUWA.ai
yes bitcoin can be use to support terrorism and not only terrorism but anything illegal can be supported since it is anonymous and every transaction can not be trace it can easily support extremist activities, much easier now that the bitcoin started to accepts in some establishments as payment for purchasing something.
Bitcoin is pseudo-anonymous and can be traced. your post just doesn't make sense, and if i recall, there's very few revelant news that informing if bitcoin support terrorism
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
yes bitcoin can be use to support terrorism and not only terrorism but anything illegal can be supported since it is anonymous and every transaction can not be trace it can easily support extremist activities, much easier now that the bitcoin started to accepts in some establishments as payment for purchasing something.
legendary
Activity: 1862
Merit: 1004
There is no way that we can have accurate estimation of number of BTC used to boost funding of terrorist.
If you ever see some data - you need to know that this was probably manufactured, made up, or inaccurate.
From what I know PayPal was used to found to fund terrorist activities in Indonesia, does that mean that we need to ban Paypal?
sr. member
Activity: 812
Merit: 317
Probably but we know that bitcoin is anonymous and free to use by anyone who wants to use and also including the terrorist they are allowed to use bitcoin and but we dont allowed them to do illegal transaction but we cannot stop them to do that because we know the law in bitcoin and it can use by anyone in the world and it gives you a instant payment in the world.
Yes so everything depend on the users of bitcoin what will do with bitcoin, it can be used for bad and good things
i hope the peoples who doesn't know about bitcoin, they doesn't blame bitcoin.
 If there are people who use bitcoin for bad things like support terrorist because actually bitcoin be made not for support terrorist
bitcoin be made for revolution of currency.
The correct theses about the anonymity and unreachability of attackers
using bitcoin were voiced. We know the advantages of bitcoin and it
becomes clear that it will not be possible to avoid misbehaving by bad
people of these qualities of bitcoins, including terrorists. But if the state
is legalizing bitcoin, the situation will change. But you just have to agree
to their control.
legendary
Activity: 1120
Merit: 1000
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. 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?
First of all, i don't know that Han Sol, the son of Kim Jong Nam using bitcoin well finally bitcoin can prove that it can be implemented for such a serious situation like this which is good for helping people to hiding or something. I personally think that bitcoin could be used to support terrorist or other criminals activity, we all know that at this time it isn't too hard to increase the anonymity of the bitcoin like using mixer, fully anonymity altcoin etc, so for those reasons, i must confess that bitcoin could be used to support terrorist activity but remember bitcoin can be used for good though for example Han Sol's case like op mentioned above.
hero member
Activity: 518
Merit: 500
Probably but we know that bitcoin is anonymous and free to use by anyone who wants to use and also including the terrorist they are allowed to use bitcoin and but we dont allowed them to do illegal transaction but we cannot stop them to do that because we know the law in bitcoin and it can use by anyone in the world and it gives you a instant payment in the world.
Yes so everything depend on the users of bitcoin what will do with bitcoin, it can be used for bad and good things
i hope the peoples who doesn't know about bitcoin, they doesn't blame bitcoin.
 If there are people who use bitcoin for bad things like support terrorist because actually bitcoin be made not for support terrorist
bitcoin be made for revolution of currency.
full member
Activity: 126
Merit: 100
Claiming that bitcoins are totally used to support terrorists or illegal work is wrong.
Yes many might take use  advantage of bitcoins being decentralized in a negative way,
But this does not apply for all bitcoins have promoted competition among currencies.
Also many big trading Giants have already started using bitcoins.
So directly saying that bitcoins may be used to support terrorists is kinda wrong.
sr. member
Activity: 546
Merit: 257
It is regardless of what a status of a person or a group/organization has to use bitcoins, even terrorist can even access it just to gain support financially. It depends on how the people use bitcoins be it for good or bad.It just gives them an alternative way to get the money for their activities and in doesn't mean that bitcoins supports them.

That is also one of the purpose why bitcoin is really popular these days, no matter how you use it, or treat is, it is up to you, even if using it illegaly or using it to support terrorists. Bitcoin users has their freedom to use it no matter where and when, you can do whatever with it, it depends on you. If it is used by the terrorists, it doesn't matter because they are also people who are taking advantage of the digital currency, we can't blame bitcoin or it's user, there is no one to blame.
sr. member
Activity: 882
Merit: 269
In all honesty, bitcoin is very prone into being used as a gateway to send illegal funds to terrorists due to its pseudo-anonymous nature; it is much harder to track as to where the money really went even though everytime you send a coin it leaves some taints or trails which you can follow—but that is easily prevented by using mixing services. Also, it is not new that weapons are being sold in exchange to bitcoins, so it might be that some weapons being used by terrorists are actually purchased using bitcoins.

But if you just replace bitcoin with $100 bills and you have the exact same answer. Bitcoins are just basically online cash. Technically you could always trace the serial number on a bill too (or at least banks or the government could).
People need more education on how crypto currencies work, how it makes life easy and that crypto currencies (bitcoin) is real money like yen, £,$,₹,¤,€,¥ no different in it be used for good like giving to charity organization, pay school fees of your children and services to gods or evil like finance terrorists, promoting porn, child trafficking and others evil in our societies.
sr. member
Activity: 630
Merit: 250
★Bitvest.io★ Play Plinko or Invest!
It is regardless of what a status of a person or a group/organization has to use bitcoins, even terrorist can even access it just to gain support financially. It depends on how the people use bitcoins be it for good or bad.It just gives them an alternative way to get the money for their activities and in doesn't mean that bitcoins supports them.
hero member
Activity: 658
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. 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's already happened now. So is this make bitcoin have negative news or decrease their supporter? I dont think so, people choose bitcoin because it's free money and decentralized. Just like in a real world, ppl used fiat money to do many bad things, so are they demand to money decrease? ofcourse not
hero member
Activity: 642
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. 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 they can do it without a doubt. bitcoin is open for all those who wants it , invested on it and want to earn thru it. we cannot dictate other person to how and when they may need to spend it. decision is in their hands.
Agree with you mate, bitcoin has freedom to used by all people in the world, users can spend bitcoin anywhere they want if they want to used in bad things they can and bitcoin is not required to give full personal information of each user that is why it is possible for that scenario.
bitcoin is global and anyone can use it for any purpose like all other kind of money. yes it is a currency just like fait money and can be used by them as well. it doesn't have any restrictions for anyone and i think yes the possibility is there.
hero member
Activity: 1008
Merit: 537
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. 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?
Just like US dollars are used for all illegal activities,bitcoin may also be used to support terrorists.We could neither control such things,nor we could blame bitcoins for that.Bitcoin is a decentralized currency created by satoshi to free people from banks.Its up to users how they use it.

Bitcoin has a higher chance to be used in illegal activities and terrorism because of some of its features such as being decentralized and can use even without submitting some identification forms. It is most likely being used in the deep web according to the article I had read.


Do you have any reference that use of bitcoin in any illegal activities or use of terrorism. Bitcoin is being decentralized because of political cause so don't connect that to this.
I noticed that you have read article for reference. If you please share to below my quote or PM to me. I share better info about it.
legendary
Activity: 966
Merit: 1042
In all honesty, bitcoin is very prone into being used as a gateway to send illegal funds to terrorists due to its pseudo-anonymous nature; it is much harder to track as to where the money really went even though everytime you send a coin it leaves some taints or trails which you can follow—but that is easily prevented by using mixing services. Also, it is not new that weapons are being sold in exchange to bitcoins, so it might be that some weapons being used by terrorists are actually purchased using bitcoins.

But if you just replace bitcoin with $100 bills and you have the exact same answer. Bitcoins are just basically online cash. Technically you could always trace the serial number on a bill too (or at least banks or the government could).
legendary
Activity: 3542
Merit: 1352
In all honesty, bitcoin is very prone into being used as a gateway to send illegal funds to terrorists due to its pseudo-anonymous nature; it is much harder to track as to where the money really went even though everytime you send a coin it leaves some taints or trails which you can follow—but that is easily prevented by using mixing services. Also, it is not new that weapons are being sold in exchange to bitcoins, so it might be that some weapons being used by terrorists are actually purchased using bitcoins.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
Bitcoin is completely free and it is used by everyone, if you think that terrorists use it for illegal activities, I think it is feasible. Bitcoins are really too convenient for them when they want to buy anything. And for terrorists, weapons are always important, and they certainly use bitcoin as a currency for exchange. The deep web is an example of that. Not too surprised about this, everything always exists bad side and good side. Bitcoin is no exception.
You're right, sometimes things can be used for good and some are used for evil. Does not rule out that bitcoin is used to support terrorists, even it is also used in dark web. Well, it has been used for a long time on the site, the important thing is that it should use it for good.
sr. member
Activity: 406
Merit: 250
Bitcoin is completely free and it is used by everyone, if you think that terrorists use it for illegal activities, I think it is feasible. Bitcoins are really too convenient for them when they want to buy anything. And for terrorists, weapons are always important, and they certainly use bitcoin as a currency for exchange. The deep web is an example of that. Not too surprised about this, everything always exists bad side and good side. Bitcoin is no exception.
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