Topic: Will bitcoin be used to support terrorists? - page 6. (Read 140916 times)
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.
Who can verify the news is factual? Or simply made up?
I have a member that was the head of a major mafia gang with global network. He managed the financials of this gang and at one time he was responsible to launder as much as 20% of the entire supply of Bitcoin available. It was no easy task. He had to use various means to spread (sort of) the Bitcoin allocation to various investment assets under the radar. Or course some of the means to do so includes using the services of localbitcoins.com and some unknown Bitcoin exchanges. Others include buying Bitcoin tokens from Chinese mining companies using Bitcoin itself. Today the gang has no more Bitcoin left. All successfully laundered into fiat. Do you believe this story? Who can verify as facts?
Even I can write fake news.
And by the way, did I tell you of a friend that is the step daughter of the ex-Phillipino prime minister? Apparently she is in ownership of some half a ton of pure gold bars.
I have a member that was the head of a major mafia gang with global network. He managed the financials of this gang and at one time he was responsible to launder as much as 20% of the entire supply of Bitcoin available. It was no easy task. He had to use various means to spread (sort of) the Bitcoin allocation to various investment assets under the radar. Or course some of the means to do so includes using the services of localbitcoins.com and some unknown Bitcoin exchanges. Others include buying Bitcoin tokens from Chinese mining companies using Bitcoin itself. Today the gang has no more Bitcoin left. All successfully laundered into fiat. Do you believe this story? Who can verify as facts?
Even I can write fake news.
And by the way, did I tell you of a friend that is the step daughter of the ex-Phillipino prime minister? Apparently she is in ownership of some half a ton of pure gold bars.
This is really possible. Bitcoin's characteristic is its anonimity. Record of its sender and receiver can not be viewed This is the reason why some countries do not want bitcoin to enter their country.
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 is used as money and it can be used for any purpose as we are free to use other currencies same applies to Bitcoin/crypto currency too.
Using Bitcoin anywhere, does not impact its worthiness or credibility. If Bitcoin is used or will be used for terrorist activities we can't blame Bitcoin, its people who are using and they should be blamed to use it for illegal activities.
Its possible bitcoin to be use to support terrorists,because we all know bitcoin how famous to people and also some other country accept bitcoin payment that's why its possible bitcoin use to support terrorist.
Everyone can use bitcoin in different ways even it in good time or bad time. Bitcoin is not variant to fiat or any form of money, as long as it have a value it will use in many ways
To be honest it is not only a currency but it is the future maker and it can be use by everyone bitcoin is the freedom you can use it as you want to use, no one is going to make you bound while you are suing bitcoin, now bitcoin is being use globally anyone can use it for any purpose like other kind of money is being use,. Bitcoin does not have any kind of connection with terrorism so if people are using it for such illegal activities it is their own choice I am using bitcoin to secure my further it is my own choice so feel free mate.
We all know that everybody are freely to use bitcoin no matter who you are even if you are the baddest person in the world.
And its tough to dentify who are the terrorist right?
And its tough to dentify who are the terrorist right?
Paper money, gold, valuable stones (jewels), the banking system, technology etc all are being used by terrorists and being used to support terrorists - please stop using all these first before blaming Bitcoin.
Offcourse bitcoin will be used by bad people.
And they also use cash, gold, credit card and other forms of payment.
You can not stop that. Or should be just ban all?
And they also use cash, gold, credit card and other forms of payment.
You can not stop that. Or should be just ban all?
Everyone can use bitcoin in different ways even it in good time or bad time. Bitcoin is not variant to fiat or any form of money, as long as it have a value it will use in many ways
It is possible that bitcoin will be used to support terrorist since everyone can use cryptocurrency and the transaction is very fast, it can greatly help terrorist for illegal transactions without being caught but still, they should not ban cryptocurrency because it helps people a lot.
There is a big opportunity for terrorists to use bitcoin in supporting their activitiy. In anticipating this, the government must issue law and regulation to minimize this possibilty. The government must work together and coordinate each other with security authorities including Police and military Institutions to
overcome this case. Because of decentralized system, Bitcoin can not be controlled fully by government authority. It might be wise to ask society get involved in monitoring or controlling possible activities relating to terrorist. Bitcoin transaction can be done for terrorist funding, money laundry, buy drugs, etc. So in this case, all parties like government, people , security authority must work together and coordinate each other to handle this problem.
overcome this case. Because of decentralized system, Bitcoin can not be controlled fully by government authority. It might be wise to ask society get involved in monitoring or controlling possible activities relating to terrorist. Bitcoin transaction can be done for terrorist funding, money laundry, buy drugs, etc. So in this case, all parties like government, people , security authority must work together and coordinate each other to handle this problem.
I want this terrorist not to know about bitcoin but if terrorists know about bitcoin all this will be screwed this bitcoin money is used for kejehatan or to make bomb let alone they know about investment.
My take on this is, regardless if it is factual or not, it doesn't make Bitcoin bad. Bitcoin can be used by everyone, it means anyone. So if it is being used to do good or bad things, these people are the ones responsible for it, if it was used for bad things like illegal or criminality, it doesn't erase the fact that it does many good things for people as well and changed a lot of lives for the better.
Bitcoin provides many benefits as compared to that of traditional payment system so if it is useful in transferring the value from point to another then everyone would use it irrespective of moral beliefs. We can not blame Bitcoin for any misuse of the same because at the end, it's mere a technology and it has nothing to do with the users.
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?
I don't think bitcoin would be the problem here, even a weapon just by exisiting is not a crime but those who should wield it should take responsiblity. It certainly is become handy using btc in these terrorist and underground based transactions but I think the government should focus on the people responsible itself because sooner or later they will know that terrorist will always find a way to use valuable resources for their schemes.
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?
Its possible that it might be use for criminal activities or terrorism plots. They might use cryptocurrency as a means to transact or transfer amount of money through bitcoin without government authorities watching their backs. We all know that cryptocurrency is far from the scope of law enforcement since it was done electronically and virtually. Since identities were concealed unlike transactions made from the bank where your identities were recorded.
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 is a new addition to the long list of things being used in illegal or criminal activities (supporting terrorists is definitely one of them). Gold, fiat, gems, are some of those first on the list. Anything can and will be used in these unlawful activities for personal gains of the hoodlums behind the scene. A sad and painful truth that each of us have to deal with.
Bitcoin is used by all and the same way terrorists can use it. I do not think that it will be banned if they are used by terrorists, but they can ask for ransom by bitcoins, but they can also ask for a ransom and regular currency.
Well there's nothing we can do if those terrorist group used bitcoin for their bad plan but I think the government will make an action if that is happen. Bitcoin is design or made for everyone so every individual has different target in life we cannot blame the other if they used bitcoin for bad things the best thing we can do is to be aware as always.
It all depends on the point of view that we see, if we only see that bitcoin is abused by terrorists to fund their activities then we will see bitcoin is a bad thing, but if we look at the functions and technologies that bitcoin gives to the real world, then we will see something positive.
It doesn't matter what is the currency they are funded with, but who financed them. So far, they have been funded with FIAT money. Stop the source of funding, not the particular currency.
Jump to: