Will bitcoin be used to support terrorists? - page 29.

hajimasan

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Quote from: Doofus on April 06, 2017, 01:34:27 AM

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?

This is totally stupid thing that we are thinking that bitcoin is restricted to use by the particular categories of the people , here the bitcoin is itself a thing which is available to use by any one and anytime without restrictions , so here we can say the bitcoin is increasing illegal activities or supporting terrorists .
Here we have the duty to not to use the bitcoin buy sell with the terrorist Because through the good honest people they can use bitcoin otherwise they will use bitcoin for bad things purpose .

OrangeII

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Quote from: paul gatt on April 08, 2017, 10:22:13 PM

Bitcoin is a clean currency, because it is free and unmanaged. It's for everyone. Depending on how people feel, they will have different thoughts. It's the freedom that makes people like it and use it. And of course, the advantages are always a bit of a hassle, which is absolutely normal, nothing is perfect. The most important thing is the way we use it. So, use bitcoin in the cleanest way.

you're right, bitcoin has been formed dala, very good shape, and it would be perfect if used for good. but, there is no limit to the use bitcoin bitcoin users they have. even bitcoin is also often used for illegal transactions. perhaps, some terrorists are also using bitcoin to conduct transactions

radjie

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I think not, because bitcoin is a technological development which is a digital currency that is issued by developed countries for other needs such as for buying and selling businesses use the Internet network

Harlot

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I don't think that Bitcoin can be link strongly to Terrorism it is a wide range. The terrorist in the first place have more greater means to Fund there operations outside Bitcoin of course. From asking ransoms to captive foreigners and other demands that can be met by rich families to governments I think Bitcoin only comes to second. Also how can a currency support something? It is always up to the user of the currency on which he/she decide to use it. And I think that anything that can be used online wants to be avoided by the terrorist because they know it is monitored by the government.

coynedterm

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Quote from: Doofus on April 06, 2017, 01:34:27 AM

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?

Here you are saying this because you are newbie and don't understand well that how does bitcoin help and bitcoin I'd available to use for everywhere and by everyone , so here it is just simple thing the terrorist can use the bitcoin for illegal purpose but here one and only one . who can can stop the bad use of the bitcoin , these are we ( bitcoiners) .
We need that we should not made deals with those persons. Who are totally unknown and doubtful and don't want reveal Thier identity .
In this way we can stop the illegal use of bitcoin , overall everyone is free to use like the normal.fiat money in any country that is not an illegal thing .

ImHash

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Terrorists trainers and exporters have access to the biggest oil reserve in the world and they're fine selling the oil to dozens of countries worldwide in exchange of US dollar and they're doing a great job with only using fiat and seems like every one has a completely different definition of terrorism.
For instance Cuba/ Iran/ North Korea/ Syria are supporting terrorism according to Washington, and Saudi Arabia blatantly injecting money and man power with supply into various terrorist organizations around the world and they even are allies with US.

It makes me think, which one is true?

Also it makes me to believe in bitcoin knowing those countries can do whatever they want to do without ever using bitcoin, I believe bitcoin is not yet big enough to worth trying it with hundreds of billion dollars to support terrorism.

Unless of course all the mining pools are in bed with ISIS and other terrorist organizations/ states which I really doubt it, there is no direct evidence of such a bold claim.

cpfreeplz

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Monero or cash would be much better alternatives because they are actually anonymous unlike bitcoins which are pseudonymous. Criminals and terrorists are stupid though so they will probably use bitcoins too. Everyone uses some sort of money, there's nothing to stop you me or a terrorist from using bitcoins.

paul gatt

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Bitcoin is a clean currency, because it is free and unmanaged. It's for everyone. Depending on how people feel, they will have different thoughts. It's the freedom that makes people like it and use it. And of course, the advantages are always a bit of a hassle, which is absolutely normal, nothing is perfect. The most important thing is the way we use it. So, use bitcoin in the cleanest way.

warwar

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Yeah i think so it is used to support terrorist around the world.Since one advantage that bitcoins is offering is anonymity in each transaction and almost untraceble.Just like in silkroad they sell ammunations for bitcoins and even drugs and it has a high percentage that people who is buying from silk road before is pure terrorist and drugl lords.

Wind_FURY

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Quote from: ranochigo on April 08, 2017, 01:36:01 AM

Just a quick fact check, fiat is the main currency used to support terrorism. Nothing has changed right?

Bitcoin's market cap is far too low to finance a huge terrorist organisation. If it were to happen, rules imposed on exchange (AML/KYC) policies can help to prevent it. It is hard to purchase anything with Bitcoin without exchanging to fiat first.

Then there will be a gap in the market that someone will be willing to fill. If there was a terrorist group who wants to convert their Bitcoins to fiat, a trader in the black market could buy them for a better price than the regular market. Money launderers who want to use Bitcoin could also do this.

KingdomHearts

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Quote from: bitbob82 on April 08, 2017, 02:40:24 PM

Quote from: megynacuna on April 08, 2017, 09:33:04 AM

It can be used just like other currencies but the advantages of Bitcoin makes it more easier for these deviants to adopt it as their main stream currency as it pays worldwide without any rigid verifications.

yes that is very right to say that bitcoin is making it more easy to use bitcoin in more convenient way. in fact bitcoin is providing such facilities which are making our life more easier.

you are right that bitcoin is providing facilities to people and its really make life easy fro their user and i do not think that bitcoin support terrorists because bitcoin is a good digital currency which used for online.

alexcard1

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Every strong currency was used to support terrorism, EUR, USD, GPB, etc. It does not make Bitcoin bad.

Winner

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Quote from: HarringtonStark on April 08, 2017, 03:12:58 AM

Quote from: Amph on April 08, 2017, 01:55:53 AM

Quote from: ranochigo on April 08, 2017, 01:36:01 AM

Just a quick fact check, fiat is the main currency used to support terrorism. Nothing has changed right?

Bitcoin's market cap is far too low to finance a huge terrorist organisation. If it were to happen, rules imposed on exchange (AML/KYC) policies can help to prevent it. It is hard to purchase anything with Bitcoin without exchanging to fiat first.

not to mention that terrorist buying bitoin for their activity would actually support bitcoin, more than bitcoin supporting them

i mean terrorist don't have any way to have bitcoin minus buying, if they were really using bitcoin, right now the price would be higher

I believe it's being used ever since. In the deep web I see some contract killers for hire and you pay them bitcoins to kill me or other person, for example. I've heard some secret ISIS sites in the deep web too and anonymous is on high alert about these terrorist sites. I'm sure they are using bitcoin to fund their cause.

Well terrorists aren't the only thing that Bitcoin has, there's other groups of people that do really disgusting things that accept and send payments with Bitcoin. Bitcoin isn't the only thing that they use, they also use other Currencies that help fund those type of activities and they don't complain so much about it other than it being a large amount of money.

The Governments already knows that Bitcoin does not have the potential to overcome their main Currencies and they just want the power of the Currencies just standing out in front of the citizens residing in it.

bitbob82

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Quote from: megynacuna on April 08, 2017, 09:33:04 AM

It can be used just like other currencies but the advantages of Bitcoin makes it more easier for these deviants to adopt it as their main stream currency as it pays worldwide without any rigid verifications.

yes that is very right to say that bitcoin is making it more easy to use bitcoin in more convenient way. in fact bitcoin is providing such facilities which are making our life more easier.

choppork

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Quote from: HarringtonStark on April 08, 2017, 03:12:58 AM

I believe it's being used ever since. In the deep web I see some contract killers for hire and you pay them bitcoins to kill me or other person, for example. I've heard some secret ISIS sites in the deep web too and anonymous is on high alert about these terrorist sites. I'm sure they are using bitcoin to fund their cause.

Does it really have to be from the deep web to look realistic? What if I told you that you can hire literally anyone to kill somebody else? That doesn't make any difference at all from some guy in the deep web. Anyone can kill a person depending on the price. That's not news to us at all.

But the payment doesn't necessarily has to be bitcoins. Any single thing that can be used to destroy the world or at least inflict damage to it is helping the terrorists. And literally everything can be like that. Even a tree can be used as a weapon by the terrorists. You can kill using a log from a tree.

It's not bitcoins that's supporting the terrorists. It's just that everything can be used as right or wrong.

megynacuna

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It can be used just like other currencies but the advantages of Bitcoin makes it more easier for these deviants to adopt it as their main stream currency as it pays worldwide without any rigid verifications.

Xester

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Quote from: Wind_FURY on April 07, 2017, 03:25:09 PM

Quote from: CraigWrightBTC on April 06, 2017, 10:13:29 PM

Of course yes, basiccally bitcoin can be used for good things and bad things include support terrorists
but should the peoples who care about bitcoin and as comunity of bitcoin
we must take care about bitcoin don't be used for bad things like support to terrorists.
please don't use bitcoin for support terrorists and criminal

You cannot stop it, no matter how much you beg and plead. In my opinion it is better if it was used by criminals and terrorists. Disruption of the banking system is what we want as Bitcoiners right?

Even if we make some posters on billboards telling people to not use bitcoin in illegal activities or to support terrorism but that will do nothing. Everything will depend on the choice and the decision of a person. And so if that person will send bitcoin to the terrorists with an intention of rebelling against the states then we have no control over that. Bitcoin as a currency will not be free from such activity but let us not worry about that since the government is doing its job to stop all kinds of terrorism.

Davkul

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I don’t care

Quote from: Doofus on April 06, 2017, 01:34:27 AM

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?

Is this already happening? Most likely.
You should see BTC as a normal currency, like € or $.
Criminal organizations get paid in all currencies, cash or virtual, it doesn't matter.
Did they kill € and $? No. Will that ever happen? No, that's simply stupid. So why would that happen with btc?

I know what you mean with that, I know that you felt like asking this question because popular beliefs see Bitcoin as an illegal and nonexistent currency, but I honestly think that's never going to happen. They can't kill something big like btc.

machinek20

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I am sure nobody want and agree bitcoin to support terrorist and it was never intended to made bitcoin to be used in illegal activities, but since bitcoin is acceptable and can be used as payment token so we cant deny that some people using bitcoin for bad things, and it is a bit unfair to keep on exposing bitcoin support terrorist, fiat is also used to purchased illegal thing and other bad activities

gabbie2010

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Yes we can't' deny the fact that bitcoin can be used to support terrorists then it is necessary to monitor all forms of bitcoin transfers from one wallet to another. this will checkmate all forms of illegality.

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