Are there any terrorists yet? Last time I checked the largest terrorist organizations were defeated and reduced to the remains of the remains. Therefore, it is rather foolish to bring Bitcoin or other cryptocurrencies into terrorism, it is primarily funded by fiat (USA dollar and EUR).
One thing is also overlooked, in order to make crypto transactions you need internet, and most terrorists hide in caves, jungles, deserts where the internet is very limited or does not exist at all. Also, many terrorists were killed precisely because of the use of modern technology (tracked by mobile signal, GPS, IP address), so they still prefer cash and staying out of the grid.
Topic: You think terrorist groups around the world use Cryptos as a means of payment? - page 4. (Read 586 times)
November 28, 2019, 09:47:22 AM
November 28, 2019, 09:37:54 AM
It could be that they use cryptocurrency in transactions. that is why governments in some countries do not legalize Bitcoin or cryptocurrency because of buying and selling prohibited goods using cryptocurrency. actually this is no new news, I guess. the perpetrators to using crypto in the transaction because, in reality, crypto has been misused by them.
November 28, 2019, 09:24:05 AM
Of course, bitcoin is the easiest way for terrorists to get funding, And you can find it in the darknet where the selling of anything and the use of bitcoin and the Monero is huge because they are untraceable.
So this is common for terrorists to use bitcoin and other untraceable coin for faster transaction and no hassle exchange of weapons or anything else that terrorists need in their activities.
So this is common for terrorists to use bitcoin and other untraceable coin for faster transaction and no hassle exchange of weapons or anything else that terrorists need in their activities.
November 28, 2019, 08:43:40 AM
Have you ever browsed the darknet?Almost all the darknet marketplaces accept bitcoin and altcoins(mostly monero) payments.Criminals use those marketplaces to sell drugs,weapons,counterfeit money,stolen personal info,etc.I don't know about terrorists.I've never met a terrorist in my life,but it's really possible for such groups to fund their activity or buy weapons using cryptocurrency.
If you are pertaining to the silicon valley, then that is already closed, we need to follow rules, and terrorist as well should. But since they are terrorist, I don't think they will, so, it is highly possible that their transaction to buy weaponry and tools for their plans of destruction could be possibly done through cryptocurrencies. But I doubt they cannot escape the law if they did. There's still a way how to track their wallet address and account and might further put them in a terrible place.
November 28, 2019, 07:58:30 AM
Considering that there are still many terrorist groups or insurgents groups around the world right now fighting with weapons that probably cost a lot. Do you guys think that they use cryptocurrencies in order to fund their armies or do they stick with trading with cash or trading valuable resources that they have?
I would not be surprised if they do trade with cryptocurrency considering that cryptocurrencies are really hard to trace compared to the conventional means of trading such as cash or valuable resources. Unless their funders don’t really accept cryptocurrency and they stick with the older methods of payment.
By the way, just to make it clear. I am not in any way planning to make a terrorist group or insurgency, I am just asking out of curiosity as I can see that those terrorist groups or insurgencies in the news must get their funding from somewhere and I was wondering what means do they use to trade for their equipment.
I don't think terrorism have payment using bitcoin and altcoin, I think hard for them using bitcoin because have take KYC and verify document account each transaction, when pass KYC they can use bitcoin account, but how come they will use bitcoin as payment transaction when need internet for accessing to bitcoin account, they stay with place without internet I think.I would not be surprised if they do trade with cryptocurrency considering that cryptocurrencies are really hard to trace compared to the conventional means of trading such as cash or valuable resources. Unless their funders don’t really accept cryptocurrency and they stick with the older methods of payment.
By the way, just to make it clear. I am not in any way planning to make a terrorist group or insurgency, I am just asking out of curiosity as I can see that those terrorist groups or insurgencies in the news must get their funding from somewhere and I was wondering what means do they use to trade for their equipment.
November 28, 2019, 06:42:01 AM
Considering that there are still many terrorist groups or insurgents groups around the world right now fighting with weapons that probably cost a lot. Do you guys think that they use cryptocurrencies in order to fund their armies or do they stick with trading with cash or trading valuable resources that they have?
I would not be surprised if they do trade with cryptocurrency considering that cryptocurrencies are really hard to trace compared to the conventional means of trading such as cash or valuable resources. Unless their funders don’t really accept cryptocurrency and they stick with the older methods of payment.
By the way, just to make it clear. I am not in any way planning to make a terrorist group or insurgency, I am just asking out of curiosity as I can see that those terrorist groups or insurgencies in the news must get their funding from somewhere and I was wondering what means do they use to trade for their equipment.
I don't think terrorism have payment using bitcoin and altcoin, I think hard for them using bitcoin because have take KYC and verify document account each transaction, when pass KYC they can use bitcoin account, but how come they will use bitcoin as payment transaction when need internet for accessing to bitcoin account, they stay with place without internet I think. I would not be surprised if they do trade with cryptocurrency considering that cryptocurrencies are really hard to trace compared to the conventional means of trading such as cash or valuable resources. Unless their funders don’t really accept cryptocurrency and they stick with the older methods of payment.
By the way, just to make it clear. I am not in any way planning to make a terrorist group or insurgency, I am just asking out of curiosity as I can see that those terrorist groups or insurgencies in the news must get their funding from somewhere and I was wondering what means do they use to trade for their equipment.
November 28, 2019, 06:05:16 AM
This is one core problem with Bitcoin and other cryptocurrencies right from the start, it's the way it gives people ultimate financial freedom and anonimity over their purchases, which could also be beneficial, but negative at the same time, depending on who uses it.
This, combined with a diverse cultured people, could be a grounds to unrestricted trades with no such limit to what you can trade aside from people's imagination.
This, combined with a diverse cultured people, could be a grounds to unrestricted trades with no such limit to what you can trade aside from people's imagination.
Dude, every tool can be used for beneficial and negative purposes. That is kind of the whole point of a tool, to make something easier for someone to do. How the person uses a tool is up to them. A hammer. A coin. Bitcoin.
But to be able to have that choice, is alone the huge difference that Bitcoin brought to money. Money, before Bitcoin, gave us very little choice.
November 28, 2019, 05:32:17 AM
I think yes, imo dark web which accept Bitcoin as a payment method is a perfect place for such transactions. Anonymity and impossibility of tracking payments are features terrorists use often. For them it's a perfect way to be undetected.
Possible in this time. perfect for them because government is not included on the crypto transaction. every transactions are monitored but we don't know to whom it belongs if we don't get their wallet addresses. so they choose crypto to make an easy transaction and they can easily slip wherever they are in the world.
November 28, 2019, 04:20:54 AM
I think yes, imo dark web which accept Bitcoin as a payment method is a perfect place for such transactions. Anonymity and impossibility of tracking payments are features terrorists use often. For them it's a perfect way to be undetected.
November 28, 2019, 03:44:13 AM
There are many things in this world that we don't know about, full of mystery. The dark web too. So, the opportunity to use cryptocurrency to fund terrorists and other illegal activities is very possible. Many things are unthinkable, right? rather than dizzy thinking about it, we better just use a good opportunity that we can reason and benefit, do not waste time.
November 28, 2019, 03:42:30 AM
There are not many terrorist groups that has a global presence or reach. They are mostly localized and prefers to trade in fiat or goods as they lack active connection to internet and expertise to handle payments.
ISIS in it's prime was said to be accepting crypto as donations.
ISIS were nearly an operating nation with their own economy and military and had supporters from different nations worldwide. Crypto did fit their operations. There are no as vast and open terrorist organization in the world.ISIS in it's prime was said to be accepting crypto as donations.
The greatest misuse of crypto comes from money launderers. As it becomes easier to send their money overseas without risk.
November 28, 2019, 03:39:35 AM
There are not many terrorist groups that has a global presence or reach. They are mostly localized and prefers to trade in fiat or goods as they lack active connection to internet and expertise to handle payments.
ISIS in it's prime was said to be accepting crypto as donations.
ISIS in it's prime was said to be accepting crypto as donations.
November 28, 2019, 03:16:36 AM
This is one core problem with Bitcoin and other cryptocurrencies right from the start, it's the way it gives people ultimate financial freedom and anonimity over their purchases, which could also be beneficial, but negative at the same time, depending on who uses it.
This, combined with a diverse cultured people, could be a grounds to unrestricted trades with no such limit to what you can trade aside from people's imagination.
This, combined with a diverse cultured people, could be a grounds to unrestricted trades with no such limit to what you can trade aside from people's imagination.
November 28, 2019, 03:01:45 AM
Have you ever heard of the dark web or the deep web? The FBI raided the dark web because of the usage of bitcoin there. Terrorist groups can easily buy and sell things on the deep web using bitcoin or any other cryptocurrency. There are a lot of other websites for sure that host this kind of transaction they are just hidden.
November 28, 2019, 02:56:23 AM
well there are two things: receiving funds and spending funds.
to spend the funds, sellers of what they need (weapons,etc) aren't accepting cryptocurrencies. they accept fiat. specially US dollar. so even if they had cryptocurrencies they would have a very hard time spending it and converting it to fiat is a lot of pain in the ass.
as for funding, those countries,... that fund terrorist groups have always used fiat. for example when US was funding bin Laden's terrorism they were paying them with billions of "dollars" in fiat directly or equipped them with weapons they needed.
to spend the funds, sellers of what they need (weapons,etc) aren't accepting cryptocurrencies. they accept fiat. specially US dollar. so even if they had cryptocurrencies they would have a very hard time spending it and converting it to fiat is a lot of pain in the ass.
as for funding, those countries,... that fund terrorist groups have always used fiat. for example when US was funding bin Laden's terrorism they were paying them with billions of "dollars" in fiat directly or equipped them with weapons they needed.
November 28, 2019, 02:43:37 AM
I believe all, if not most of all terrorist groups are funded purely on bitcoin, with them not even touching fiat, or other crypto-currencies. From the little arrests that have been made on the founders of several groups, it seems like they only used BTC for their operations.
Also, the dark-net works purely off BTC, so that makes their lives a lot easier, and buying guns and other weapons is almost risk-free.
In order to combat these issues, more groundwork needs to happen - I reckon the authorities are too focused on "breaking BTC" and being able to track every transaction when this would be easily feasible with cash as well, and the other side of terrorism needs to be focused on.
Or... Just stalk all your citizens.
Also, the dark-net works purely off BTC, so that makes their lives a lot easier, and buying guns and other weapons is almost risk-free.
In order to combat these issues, more groundwork needs to happen - I reckon the authorities are too focused on "breaking BTC" and being able to track every transaction when this would be easily feasible with cash as well, and the other side of terrorism needs to be focused on.
Or... Just stalk all your citizens.
November 28, 2019, 02:39:35 AM
I never see what actually terrorist group do. But before bitcoin was found, i think fiat is their payment. And bitcoin as digital currency, i think will be used too. For me not means all of them use bitcoin but as long it is structured, with fiat sometime people can't trace it too. If me, i will think if bitcoin is almost same like fiat, it can used as payment, it is neutral, it can be used by people both kind or bad people.
November 28, 2019, 02:34:59 AM
The focus must be on their funders.. . They are most likely wealthy people. I have heard stories of terrorist groups dropping weapons and cash through helicopters. Villagers have testified seeing helicopters dropping weapons but people hardly take their stories seriously. No research/investigation (especially independent research) done to verify the claims. The media hardly even take the claims seriously.
In my opinion, one of the most effective ways to reduce terrorism, is by encouraging the citizens to install thousands or even millions of surveillance cameras by themselves in their communities to expose evil activities that take place at night, in secret places and in hidden areas like forest etc
I would not doubt that terrorists use cryptocurrencies aswell but you don't fight them by tightening control on this useful tools. I'd rather fight them together with the community and the hard working security agencies . That is, through self-regulation of the whole crypto community by the people, more empowerment of the community, more decentralization, more transparency, more anonymity, more immutablity, more trustlessness, more permissionless
In my opinion, one of the most effective ways to reduce terrorism, is by encouraging the citizens to install thousands or even millions of surveillance cameras by themselves in their communities to expose evil activities that take place at night, in secret places and in hidden areas like forest etc
I would not doubt that terrorists use cryptocurrencies aswell but you don't fight them by tightening control on this useful tools. I'd rather fight them together with the community and the hard working security agencies . That is, through self-regulation of the whole crypto community by the people, more empowerment of the community, more decentralization, more transparency, more anonymity, more immutablity, more trustlessness, more permissionless
November 28, 2019, 02:30:16 AM
Its pretty doing well for them with fiat though. Its hassle and worry free and can be spent without connecting the internet. The would rather be disconnecting to the net if they were that pro since the government can really tap everything as long as they connect to a cell site. If CIA is going to watch out for these guys, they'd be checking who else connects to internet in the middle of a jungle or in the vast desert. But with fiat, they roam around the cities untraceable and no scam.
Today we monitor transactions even just the 100BTC, we are already looking into it and where it goes.
Today we monitor transactions even just the 100BTC, we are already looking into it and where it goes.
November 28, 2019, 02:28:39 AM
Considering that there are still many terrorist groups or insurgents groups around the world right now fighting with weapons that probably cost a lot. Do you guys think that they use cryptocurrencies in order to fund their armies or do they stick with trading with cash or trading valuable resources that they have?
Even if the terrorist groups start using any virtual currency you cannot do anything about it, but the advantage is that if they are using bitcoin then every transaction can be tracked as all the transaction are public and it would be foolish for them to transact through that because fiat is the best option they are using because you can hide those trails 
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