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Topic: Will bitcoin be used to support terrorists? - page 5. (Read 140916 times)

newbie
Activity: 150
Merit: 0
Previously, bitcoin has been used in such areas. But bitcoin can be tracked, so the terrorism goes away, the anonymous cryptocurrency. Therefore, bitcoin is now much cleaner than Fiat or anonymous cryptocurrencies.

You said bitcoin can be tracked but why the terrorist still got away? they should have caught because nbi would find their hide out by using the public addreses of bitcoin in order to linked it to their external wallet.

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Therefore, bitcoin is now much cleaner than Fiat or anonymous cryptocurrencies.
what do you mean by cleaner? bitcoin is not clean because it has been used by terorist or any other people in order to do a crime and illegal activities. fiats isnt also clean because it can be also used by criminals just like in bitcoin.
full member
Activity: 416
Merit: 104
Previously, bitcoin has been used in such areas. But bitcoin can be tracked, so the terrorism goes away, the anonymous cryptocurrency. Therefore, bitcoin is now much cleaner than Fiat or anonymous cryptocurrencies.
member
Activity: 188
Merit: 12
I think that is possible because 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.
newbie
Activity: 154
Merit: 0
Bitcoin can be used by terrorist, because bitcoin is decentralized, it is peer to peer, and everyone of us can take a part of bitcoin. Now terrorist are also close in new technology. But it will prevent when the merchant, decentralized bank, and the government make more security in any bitcoin transaction area.
newbie
Activity: 87
Merit: 0
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?

Isn't BTC is the most popular crypto for paying for illegal things in the darknet? And there is no wonder you can send your BTCs to terrorist or to the "Society for kid's pussy lovers"  Grin
newbie
Activity: 34
Merit: 0
Often Used by Terrorist, BI Called BitCoin Not a Legitimate Paying Tool
member
Activity: 420
Merit: 10
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?
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I think, Its not, because in every country has their own security designated to examine every people who are really doing BAD, either you have a lot of money, if you buy something that Will use to sabotage people or nature, youve been track down, from any store, or if your really legit of having such thing dangerous to human. even in the internet, you cant escape anyway. So How can they use Bitcoin in any terrorism act when everything is under control.
hero member
Activity: 2268
Merit: 669
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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
In my opinion he's right, bitcoin is not a bad tool but you can't stop terrorist to use bitcoin if they know about it. Bitcoin may support terrorist, once they get money from bitcoin they can buy on what they want. It depends on the user on what they want just like he mention it's not about what support them or used but it is because of the terrorist and what they do.
jr. member
Activity: 60
Merit: 1
The main terrorist is this state.
hero member
Activity: 826
Merit: 518
Bitcoin is an decentralized technology so anyone can be use in so the terrorists can also do it.But it is not meant for only terrorists it was found to be used as safe currency but the illegal people can take this an advantage.So government need to regulate the crypto currencies to stop flowing to the hands of terrorists but if completely bitcoin was banned then terrorist use other kind of transaction so it is really not for them it is just for everyone.
member
Activity: 238
Merit: 10
Bitcoin is used for various purposes and I think that the same way terrorists can use it because they are also part of our human population who use the currency of any choice given in large scales.
full member
Activity: 468
Merit: 100
Experience the Future of DeFi
I think so. Long before it was used in trading, Bitcoin is used on the deep web wherein illegal activities are being bought using this. So logically, terrorists may use Bitcoin to purchase the things they need to their attacks to hide their identity. I do hope technology will not be used like this.
full member
Activity: 714
Merit: 114
It can be
With decentralized and anonymous, bitcoin was perfect money to do all funding and support terrorist
But theres still more good thing about bitcoin
It depend on who use it
Knife was good for chef and very useful to cut something but if it use by bad people that can kill people
So dont blame in to bitcoin it depend on who use it

i believe terrorist or criminal person dont use bitcoin because bitcoin is not anonymous or private rather they only use monero or maybe they use a mixing service in order to mix their bitcoins with other coins so that it can become fully anonymous. anyways , its not about being decentralize or private because criminals do even use fiats or money in order to do their illegal doings. they will use anything as long as it has a value or it can be traded into something evil.
member
Activity: 252
Merit: 10
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This is a possibility considering the nature or mode of operations of bitcoin or other cryptocurrency. All that can be told about the identity of the receiver and sender is just number. I believe that over time, there will be a way to arrest such uses.
newbie
Activity: 21
Merit: 0
 Terrorist are also closely watching new technologies that could help them in their activities and Bitcoin was ideal because of the anonimity and it was hard to determine the source of funding.I think bitcoin is not the reason behind, something like this, the real culprit would be the person itself he can surely done anything with his bitcoin.
jr. member
Activity: 84
Merit: 5
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?
Whatever currency it is, if they want to use it they can, be it fiat or gold. It does not bitcoins fault if it was used by terrorist but the governments fault to control the terrorist.
member
Activity: 336
Merit: 10
It can be
With decentralized and anonymous, bitcoin was perfect money to do all funding and support terrorist
But theres still more good thing about bitcoin
It depend on who use it
Knife was good for chef and very useful to cut something but if it use by bad people that can kill people
So dont blame in to bitcoin it depend on who use it
sr. member
Activity: 854
Merit: 251
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All kinds of currencies are being used by the terrorist Fiat,Golds and now they are using crypto currencies too,
I think it is part of bitcoin I think that the early users of bitcoin are using it back then to buy some illegal stuffs at the deep web or dark net,
It is really easy for the terrorist to use it specially because of the anonymity of the bitcoin users .
sr. member
Activity: 700
Merit: 252
Oh no i heard this story once again. sounds to me like nonsense because I can't believe that terrorists have banks and atm machines in Raqqa or some other cities. So if somebody sends them coins in what way they are going to convert it for cash. no logic. anyway those guys are not very smart and I can't imagine them using wallets and exchanges somewhere in the dessert while bullets are flying by.
newbie
Activity: 15
Merit: 0
Everything is possible, criminals will do everything possible to use bitcoin to do bad things, we can not stop, only believe bitcoin, we have to be good, do not use bitcoin to do bad things.

The first connection between digital money and terrorism actually stems from a 2008 paper published in the Journal of Legal and Technical Sciences in Richmond, which states that "in order to avoid being detected, terrorists have found other transfers Funding methods such as commodity trading, hawala and digital currency. "As a group, terrorists and other lawless elements did not use bitcoin to evade laws, provide financial backing for their operations and fight against retaliation. The easy-to-follow bitcoin transaction is much easier to track than you think, and every transaction finds its way. All the terrorist's expenses, rents, meals, weapons and so on must be paid in legal coins, and the cashing out of bitcoin into legal coins leaves a clear written record.
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