Terrorists are always trying to fnd the new awys for funding their activities. That is why are they also watching new technologies and trying to keep the step.
I think I've read somwhere that bitcoin was already used for financing terrorism and I wouldn't be surprised if that it' true. It's much more convenient way than using fiat currencies. Also, financing terrorism or better to say to stop it is one of the reasons why exchanges have so strict policy.
Topic: Will bitcoin be used to support terrorists? - page 4. (Read 140934 times)
Everyone is free to use the bitcoin they have, now many bad news bitcoin, anyone can not determine the price of bitcoin down or up
In world there are both type of people-good and bad.If anyone wants to bad then he can do it anyway or through any medium.
If some bad people are doing bad deeds through bitcoin ,it doesn't mean that it's a bad platform.
There are good ones too.
If some bad people are doing bad deeds through bitcoin ,it doesn't mean that it's a bad platform.
There are good ones too.
For me, it is happening now that terrorist use bitcoin to do their illegal activity. There’s a lot of articles that say that some people are using bitcoin to sell and buy drugs. Also, we all know that bitcoin is for everyone that wants to use it and bitcoin has a super capability that can transact anonymously. In my opinion, maybe that is the main reason for another country why they ban bitcoin. 
Topic: Will bitcoin be used to support terrorists?
No. for this is an anonymous cryptocurrency like monero, dash etc.
IMHO, for the purposes of the terrorists more likely to use the familiar US dollar
No. for this is an anonymous cryptocurrency like monero, dash etc.
IMHO, for the purposes of the terrorists more likely to use the familiar US dollar
legendary
Activity: 2576
Merit: 1043
Little_Mouse Campaign Management | OrangeFren.com
Bitcoin is a decentralized currency so anyone can use it. Good people or bad people. Disabled persons or not. Old or young. Everyone can use it. Even terrorist can use it but to support it, maybe some do it but in silent. For me, they are not supporting it. They are just using it so that the government can't track their transactions. Unlike banks, bitcoin is not that easy to track because its a pseudo-anonymous coin. The only thing you can see is the address.
If bitcoin use to support terrorist, yes it is possible since no limitation on purpose if you have bitcoin. It means, you can do anything on your bitcoin. You can use it for business like buy and sell. You can use as currency for payment. There is no limitation on whatever motive of any holder of bitcoin.
I think terrorists or criminals can use bitcoin for illegal transactions to buy weapons or buy illegal drugs, because bitcoin can be used as payment, bitcoin no ban anyone can join bitcoin, even by criminals or terrorists as well.
It is already happening and even bitcoin is not yet so popular, it is being use in the dark web or underground for making illegal transaction because it is anonymous and it is now very popular and since the transaction is getting slower, i think that the terrorists and the other criminals are not using bitcoin anymore because of that issue.
I think terrorists or criminals can use bitcoin for illegal transactions to buy weapons or buy illegal drugs, because bitcoin can be used as payment, bitcoin no ban anyone can join bitcoin, even by criminals or terrorists as well.
Bitcoin, like the fiat, is a currency that can be use by any terror groups to finance their terroristic activities in any part of the world. There are already some recent reports in the media that a certain terror group solicited support in bitcoin to fund their organization. This is one of the reasons why some countries are still reluctant to allow the use of bitcoin and other cryptocurrencies in their area. Other countries are opted for regulations to monitor the flow of bitcoin and prevent it from falling into the hands of lawless elements.
Will bitcoin be used to support terrorists? Bitcoin or even the legal money can be used to support the terrorist activities but it does not mean that bitcoin is bad, maybe if this will be used in any terrorist activities it is not the digital currency what makes it bad, but the intention of the user for using digital currencies in any terrorist activities is what makes it illegal or bad. Bitcoin as a currency is possible to be used in good or in any bad intention just like the real money or currency.
They are already using fiat for their financial needs. Bitcoin does not directly enable them to do more.
It could make certain transactions easier though, but the same goes for any new technology. Bad people can always use it for their purposes as well. Does this mean we should stop technology development?
Anonymous features like 2 blades, one side is very profitable and the other side is suspected to be a scary thing, we all know that bitcoin is freely used by anyone, let alone many exchanges that receive bitcoin conversion to fiat so much used by terrorists to send money.
bitcoin is, of course, used to support terrorists, especially if a bitcoin user or a bitcoin investor is an terrorist, and they can handle it because bitcoin does not know what the bitcoin is bad and good is used by anyone so anyone bitcoin can be helpful or good.
We all know that bitcoin users are anonymous and unknown about the background it has a possibility that bitcoin will be used to support terrorist because it can handle illegal doing. It will used this for transaction because everybody can handle and used this kind of transaction.
bitcoin is, of course, used to support terrorists, especially if a bitcoin user or a bitcoin investor is an terrorist, and they can handle it because bitcoin does not know what the bitcoin is bad and good is used by anyone so anyone bitcoin can be helpful or good.
With the present status of bitcoin, anyone can utilize bitcoin and no one will know who did what and who got what. Obviously nobody will need to be known to be a psychological oppressor so the most ideal approach to execute will be through bitcoin. It is on this note most experts, governments included, are hesitant to receive the utilization of bitcoin. I figure it will take at some point thus numerous customs for bitcoin to be generally acknowledged.
Asking this question is like negating the achievements of bicoin, bitcoin is the money in the modern society it is almost like fiat only those who exploit bitcoin to terrorize
Actually it's a sound and logical question that doesn't negate anything though the answer is pretty obvious. Yes it can be used. Fiat is used so why not something better than fiat? The fact is that these terrorists have the means to transact im whichever way they want. Why would bitcoin be any exception?
Asking this question is like negating the achievements of bicoin, bitcoin is the money in the modern society it is almost like fiat only those who exploit bitcoin to terrorize
Bitcoin is a form of currency , using it for terrorist act do not justify it. Fiat currency , guns ,bullets and other ammunition among others are used as well
The dollar is also used to support terrorists. There are many reasons to slander Bitcoin. What matters is what you use for.
Do not believe such nonsense.
Do not believe such nonsense.
Jump to: