Bitcoin Forum

With the recent attack in Paris, many questioned 'again' where the hell those terrorist got their funds. Hidden agenda or secret talks? Some people already know the hidden truth about it* and bitcoin already part of their sources.

Basically, because bitcoin transaction is as light as feather, it's really making hard to be accepted worldwide.

What can you say about this?

https://i.imgur.com/gxIgfim.jpg

unless there was a public key found along side them fake and unburnt passports.. the media is only guessing.

Maybe they have not been funded at all?

-> https://www.facebook.com/theprojecttv/videos/10153243154568441

Edit: as franky1 pointed out so nicely below (as well as above) take some salt to your news consumption.

That list is missing drugs, which is probably one of the largest sources of terrorist funding there is. There was a terrorist organisation called the shining path in South America that controlled a large amount of the cocaine production and distribution for years. Although the Taliban reduced opium production in Afghanistan the production rate has now increased, and money from the trade is probably going to terrorists.

Terrorists probably make more money from drug production and smuggling than from Bitcoin, if they use Bitcoin at all.

there is also gold among those, so why they put bad light on bitcoin only and not on gold? biased fud

not to mention that cash play a big role also

take the video with a pinch of salt.
saying 'they dont want you to know that' but then making their intention public knowledge in a supposed magazine... is like saying a rich person doesnt want you knowing he is rich by inviting you to his 20 bedroom mansion made of gold..

the funny thing is, that unless we get a knock on our front door, and a terrorist is standing there telling us his plan and how he was funded.. we only know what we have been chosen to be told by media.

and even the guy in the video is 'speculating' that ISIS want WW3. 'because they told us'.

well terrorists never told me, only media..
so while the middle-east has been blamed for 150 deaths by media, that same media has not informed you that this same week the UK government has caused more deaths, the american government has caused more deaths.

but thats the point. they want you to hate someone living thousands of miles away, just so you wont hate those living closer to home

What if they didn't bought the weapon at all with those currencies ::)
FYI Terrorist like this usually don't buy their weapon at a dealer or some sort, they usually got their weapon either by doing raid to a weapon cache and steal all of the guns there is or make one from a scrap metal and other parts like that, have you ever see the price of "Homemade" Ak-47 ? It was surprisingly cheaper than the original factory made AK's ::)

And even if they did buy it i don't think they are buying the original one, as i said "Homemade" ;)

How in the world does this not have porn, cash, and drugs..... to me funding porn / illegal porn activities would be lucritive as well a easy way to launder money

Good point. But gold has a physical. That why.

raiding and stealing stockpiles makes sense..

Maybe I've been watching too much documentary and remember one instance it says terrorist are into diamond mining and forex trading.

It's possible

But I also think that some of their funding comes from corrupted people inside goverments

How else are they able to recruit so many people and get so many destructive weapons.

This doesn't mean anything or make bitcoin bad, anyone have the right to use bitcoin that same apply for fiat as well.

their funds come from everywhere, standard currency and also btc, it is hard to control that, I wish there was a way to stop them from using bitcoin. If you check the black market on the deepweb you will find that you can buy many weapons and explosives using btc, I just had a look at this like a year ago.

Shorena posted above a video, which says ISIS is also in the magazine subscription business.. i guess all them $$ selling magazines cant be ignored

It's difficult to stop the funding

Seeing as it can come from anywhere and anyone

We can't just stop our economy just for them, it's just not possible

well even if you cant stop the BTC purchases.. you can easily stop the delivery of the good purchased. after all an AK-47 is not the size of a letter.. so easy to spot when using delivery companies.

so $500 ATM limits and $10,000 wire transfer limits have never happened and impossible?

Bitcoin could be used by them as medium for transferring value, no different from a bank transfer or western union. Unlike oil, gold, antiquities, I doubt ISIS found a bunch of government private keys full of btcs while invading territories in Syria and Iraq

pretty sure they are not paying terrorists' salaries in btc either

Main terror funding sources are Saudi Arabia, Kuwait, Qatar, Turkey
but we all just turn a blind eye because they are supposedly "allies" and only fund "moderate" rebels

These are just guesses and no valid proof that they did use bitcoins. Gold can be the biggest funding source and these criminals trade it illegally. However, this news is just going to affect bitcoins again in a negative way.

I think they get most of they're funding by selling oil and gasses

It's cheaper to get oil over there than in the West

ISIS has stolen $430 millions from the vault in Mosul! In my opinion, it would be 10 times easier to get this money sent by the Western Union anywhere in the world than by the Bitcoin.

We have to understand, that these people have people that work for them and that are "just normal" citizens in many European countries with their families, etc. Of course that they are receiving money in their names and after they are giving it to these self blowing idiots.

This theory about Bitcoin is a complete BS, yet I am afraid that we might somehow suffer because of these Paris events!

But I doubt these guys are.

"Hacktivists claim ISIS terrorists linked to Paris attacks had bitcoin funding":  http://www.networkworld.com/article/3005308/security/hacktivists-claim-isis-terrorists-linked-to-paris-attacks-had-bitcoin-funding.html (http://www.networkworld.com/article/3005308/security/hacktivists-claim-isis-terrorists-linked-to-paris-attacks-had-bitcoin-funding.html)

From the article:  "Ghost Security Group confirmed to NewsBTC that ISIS is "extensively using bitcoin for funding their operations" and that the group has "managed to uncover several bitcoin addresses used by them." Furthermore, bitcoin is "their prime form of cryptocurrency."

Why are most of you in denial that BTC/crypto is one, if not, the most useful tool for terrorists, money launderers, and black market participants for moving funds?

It's there to leverage the power from the imperialists back to the people...  Sadly in this case, terrorists.  This is what Amir Taaki was saying when he created Dark Wallet.  He doesn't deny that the purpose of Dark Wallet + BTC was that it could be used for illegal means.  I think he even encourages it.

I hope that was not true,i little afraid :D

Bitcoin is not the source of funding, it is one of the means of funding..

There are people that fund them and they use bitcoin. It is not bitcoin that funds them.

There is always a good and bad side. In this case terrorist take  an advantage on bitcoin and abused it.

Afraid of what exactly? Are you afraid of every knife because it is potentially killing tool?
And even if 'terrorists' have bitcoin stash so what? Let's ban dollars, euro and gold because terrorists use them for buying weapons and financing their operations too!

It is what it is, but I hope that the Anonymous will hacked ther BTC if it is possible.

But I think it will be very difficult. I am kinda scared of this Terrorists think :/

Yup.  Exactly.  People should see it more in this context.

Abuse?  It's what exactly Bitcoin is for.

That is pretty stupid to be said... Every type of currency can be used to finance terrorism. You can even finance terrorism with meat and milk as many supporters for terrorist groups in Latin america have done. And actually, if we could make a research we would find that terrorism is mostly financed by plain ond cash!

Yes.  I mean, I personally don't condone the terrorists' actions but there's nothing wring in using as a tool for moving funds.

Yes!  And they can use Bitcoin to move value over the internet as what they have done.

A report says that it was not only bitcoins, rhey recieved funds in form of other crypto currencies also.
And at a time one of their bitcoin address was holding around 3 million $ in bitcoins.

I don't really think so. I mean are those guys bright enough to pull it? Bitcoin is not really that anonymous, they would need to everything perfectly, it's too much of a hassle. I think most of the money is cash from the drug cartels these guys have.

Just an example of the liberal media's agenda.. Nothing to see here...

i think they bitcoin funds are very limited, because bitcoin is very limited to the market right now, not talking about the current amount of coins, but about the real amount that can be bought and it is available at the market

to have more they need to match what the holders want, which is a much bigger price than what we have today on the market, this mean that without a new bubble they can't fund very well what they have in plan to do

otherwise it's mean that they are using it for small criminals activity

These are just guesses my the media personnel. the media are in business and should make news in order to make money. Just understand them but they should think twice before posting such allegations. The funding can be from any form of currency even the dollars.

Bitcoin cannot be a "funding source" because Bitcoin is money.

It is like saying "The terrorist funding source were dollars". Bitcoins do not appear of thin air. You have either to buy them or mine them. It is not a "source".

May be quite easy to check their browser history. The police should have removed their computers and devices. The Bitcoin should be transferred to the French police (doubt there is any). Also, How is it assumed that people would receive bitcoin payments! I don't think that people that could be manipulated into becoming a terrorist would really be able to create a website, sell products and maintain the privacy on "THE DARK WEB".

I highly doubt they even know what bitcoin is... They probably execute any of their people for even mentioning the evil christan word.


We should just program drones to kill EVERYTHING with in a 5km radius and drop 10 000 off once a month in their main cities, have fun bitches.

This is another reason why my country still not legalize bitcoin as normal payment.

Anyway , last month I've ransom news that require bitcoin. Maybe this is a disadvantage of bitcoin but as long as we still keep it, I'm sure bitcoin will get people's trust on the future

Even terrorists recognize possibilities of bitcoin. Just kidding, normal thing they trying to find a way to bypass regulations. But for sure this kind of news are not good for bitcoin, people will just see the bad side of this. This world is going in totaly wrong direction. And like someone said here on forum this terrorist attack is staged by some illuminati or who ever to make big war for them.

Even if they would use it, it shouldnt negatively impact on Bitcoin. Hell, why would it?

You are wrong! It just might add on to all the negativity surrounding Bitcoin! Mt. Gox, Silk Road, buying drugs and now terrorism. I mean it just ads up and for the average people out there it would just become overwhelming.

So I hope the dust will settle about this terrorism usage in the mainstream media!

There was a recent rise to 500...

i hope thats not a true fact,and even it a media guess,i dont care..but i think terrorist like this usually don't buy their weapon at a dealer or some sort, they usually got their weapon either by doing raid to a weapon cache and steal all of the guns there is or make one from a scrap metal and other parts like that, have you ever see the price of "Homemade" Ak-47 ? It was surprisingly cheaper than the original factory made AK's.

One of the main reasons that bitcoin is not shooting up is because the media keeps guessing. We have no proof that terrorists even use bitcoin, although it's plausible due to the miniscule TX fees.

Maybe some terrorist organizations are super rich, of they were smart enough to invest in BTC.

LOL!!!!!!!!!!

Oil is definitely No.1, so clearly we should outlaw crude oil worldwide, that would be 100x more effective than outlawing Bitcoin.

But perhaps, just perhaps, we should simply not let any more """refugees""" into the country and kick those out that are already inside, plus all the terror suspects that there are. If they have a EU passport we can send them to a EU version of Guantanamo, no problem, or provide free travel to Syria. Just make sure they are far away when they shoot or bomb.  ;D

Because if we have a fortress Europe, then the terrorists can terrorize someone else, but not us, and that is what I expect from our leaders.

Be like Israel: concerned about terrorism that affects OURSELVES. We cannot stop terrorism in the world but we can stop it from coming to us.  >:(

Sorry about the egoism but I have enough.  >:(

I say we should stop using oil and gold, so they start using more bitcoin.

But yeah, we should first get rid of FIAT first, so we achieve bigger prices.

Don't believe in media manipulation.

People I've seen that are in denial about the whole issue are the ones who want BTC "to shoot up".

Edit:  Bad news people...  The latest 'shoot up' could be caused by that MMM pyramid scam guy or something else connected with terrorist funding.

More than 90% from Bitcoin's market is from ponzies(HYIPs) and black market(you can add funding terrorism). Bitcoin will have bad days shortly.

There is only a small percent of people who are speculators(let's call them, honest people).

 The BTC media is keep screaming about adoption and other shits. Pure lies, just to attract more stupid hipsters investors. There is no adoption. Why would someone without mental health problems use Bitcoin when he/she has credit cards/debit cards with ZERO fees and instant transactions?

The debates about fork shit, Coinbase shit and other BTC shits will become good jokes. BTC exchangers will be closed one by one and BTC will collapse. You will see banks who will close exchanges accounts because of this news too.

Are there miners in the part of Syria controlled by IS? Nobody noticed, but BTC isn't a source of funding. It's a currency, and it doesn't grow on trees. IS has oil which it can sell on the black market to generate an income, but if IS has a way to make an income from BTC, I don't know what it is. I'd like to know so I can do it, too.

it's about transferring funds not about as "income". Bitcoin facilitates this thing.

The other 3 makes sense as they are something that can stolen and/or controlled and generate money.  Bitcoin as a funding source?  Whoever gave them the bitcoin is the funding source.  Unless they are mining or made some smart investments.

source? I'm not denying they have received cryptocurrency, but I find this hard to believe

                                                                                                                                                                    very much agree with                                                                                                                                                                                                                                               

https://www.reddit.com/r/btc/comments/3t60z8/isis_bitcoin_wallet_with_3_millions_usd/cx3k9oq

Are they very sure of this report?
oh well, if it is. i think using btc as source of their funds is just common.
as it is the easiest way to use. no more questions about it.
they also mention gold. so ii think btc dont really put a bad thing in here.
i think it actually comercialize it...

I figured, thanks for the link. After the author of the article was called out, he tweeted " Islamic State members/supporters have solicited #Bitcoin donations and made transactions. I stand by my story."

I bet they "have solicited #Bitcoin donations and made transactions"......but that is slightly different from "thousands of dollars worth of bitcoin has been sent to accounts purportedly affiliated with "Islamic State, with the one of the accounts registering its first transaction in 2012. However, following a chain of transactions from the concerned account leads to another with more than $3 million (2.65 million euros) in bitcoin" which is implying something more drastic. I wish there was a way he could share his proof ::)  top notch journalist

Honestly, there is no way for for the mainstream public to use bitcoin without bitcoin going into the hands of individuals who will use it for nefarious purposes. Similar to how just as fiat currency as the dollar is used to fund illegal operations and activities, you can't hold a mindset that someone won't use Bitcoin in a negative connotation to fund political/social change.

They are only guessing about it but on today morning i heard that they have used one messaging app which encrypt their messages. This may point towards bitcoin too as bitcoin is also encrypted coin.

After reading the whole story about funding sources the investigation still making guesses what funding sources can be used by these terrorist so they have not found any link which one used by them.

I think so that is their imagination what source was the funding for them bitcoin easy to use and move around the world just in one click that is why they mentioned it can be one of these.

any "real proof" ISIS use Bitcoin ?

So far there is no solid proof isis used bitcoin as their funding sources.
So this is just a speculation that make botcoin have a bad side.

I read some presses about ISIL and Bitcoin recently. And I am thinking that those could be correct - funding via Bitcoin network. Bitcoin may be transparent on the internet (blockchain) but if one decide to use a mixer, it is hard to track. There is also no central authority which make it even easier to transfer money across countries. I really hope that there is a way to crack down terrorists funding process. Sadly there is no way in which Bitcoin is designed for. This is making more people to "hate" Bitcoin. This is not helping Bitcoin at all.

Their main funding source is USD as weapons and oil are traded in USD.

This!!

It just doesn't make any sense they use bitcoin. It's just an other currency. Don't get it why the news keep putting bitcoin into the bad news. A lot of good foundations use it too but that isn't in the news.

but no one talk about that, maybe because there is enough bad light on it? or because people want new stuff everytime, to spit on...

it seems that many cannot live without throwing shit at something every day

Seems strange to me that bitcoin is seen as a source of financing the terrorism. It is true that bitcoin could be untraceable. It is true that can be transferred to many money without leaving signs of those. But to be used that bitcoin transferred must be exchanged in real money. If not, any amount of bitcoin can be used. And the rules of every exchange are that every person who make exchange (especially in big amounts) must be identify himself. So it is easily identifiable. It is almost the same with the bank transfers. At least this is I think. Why bitcoin is seen as a specific tool of terrorism if the things are in such way? Why the other money used after the change of bitcoin or those used through the transfer bank are not such tool?

Is very possible for IS using bitcoin as their funding source.

Since bitcoin is anonymous, and  what they like is because it  was untraceable.

I assume they use oil or gun for trading in black market using bitcoin as their currency.

It's okay, I believe it will make Bitcoin more famous around the world.
By The Way, there's nothing to worry about. We couldn't stop using it just because of this, if we should then we have to do it also with the gold.

There is no large scale bitcoin black market for military weapons. In fact it is not needed as these weapons are funded by the tax payers and the western banks are heavily involved. In the end the IS is funded by the IRS.

Yes I agree with you. All this crap, ISIS and Al Qaeda are western country creations. Mostly American creations. These western countries will never admit this though and they will always try to find another things or people to make them guilty.

I am afraid and I have a little fear that they will make a scapegoat out of Bitcoin. Just like this reportage that we are discussing here and that mentioned Bitcoin as one of the sources of funding. The things start like this!

It is estimated that ISIS own bitcoin wallet worth $3 million. Following the recent attacks on Paris, GhostSec, an Anonymous off-shoot which actively hacks ISIS efforts worldwide, said that ISIS regularly uses cryptocurrencies to fund its operations.

More info: https://www.cryptocoinsnews.com/ghostsec-isis-bitcoin-wallet-worth-3-million/ (https://www.cryptocoinsnews.com/ghostsec-isis-bitcoin-wallet-worth-3-million/)

I'm wondering, what if the Anonymous successfully hack the wallet???
What will ISIS do next if they don't have more funds.

More famous as the Terrorist funding sources ::)
I'd love to see any news regarding bitcoins because it can boost bitcoin popularity even more
But this isn't a good advertisement it will only drive people away from using bitcoin because they will think bitcoin as something that's bad and illegal to use :(

It would be great if news would start driving more positive one instead of negative one ;)

Thanks for this link. I was confused when I saw that news story as it didn't list any real evidence and seemed more like pure speculation.

The media is simply guessing that terrorists may use Bitcoin as far as I can see and I see no substantial evidence suggesting they are actually using it. These types of baseless correlations give Bitcoin a bad name and I think the media tends to associate Bitcoin with black markets. Most of the time I see bitcoin mentioned by the general Media, it has a negative connotation ( though we have seen a few positive ones pop up more recently as well ).

As for the real source of income, I think it is primarily in the oil markets right now.

They have much more money than this mate, don't worry! Just in Mosul, they have stolen $430 million from the vault of the Iraqi central bank. Add the business with the oil, selling of all the antiquities, etc. They are loaded.

Actually it would be very handy for them to receive the world wide donations by using Bitcoin. Maybe the above alleged address is being used for that, for the donations, who knows!

Seems like a guessing game to me.

I'm pretty sure that bitcoin isn't their highest funds that they have out there

Oil plays a pretty big part in it too. Even though some governments won't admit that they are buying oil from these terrorists, this is their largest income.

Everything has two faces, a good one and a bad one. It depends upon you , which face you would like to see and believe on.
As far as funding of attacks in paris is concerned, I'm damn sure they didn't use bitcoins. If they were as intelligent to use bitcoins, they wouldn't have been criminals, instead they would have been working in a good position.
Now, commonly also, bitcoin is used rarely for illegal purposes also. Though, cases of kidnapping and ransom have increased in past days. Bitcoin is still clean and pure it was and can be accepted worldwide.

And finally something positive regarding to this topic!
Jennifer Shasky Calvery from FinCen said that Bitcoin does not pose higher risks of terrorism financing than other payment methods!

I mean this is the bureau of the United States Department of the Treasury that collects and analyzes information about financial transactions in order to combat domestic and international money laundering, terrorist financing, and other financial crimes.

When they say Bitcoin is not much more used than any other type of money, there must be some truth in it right?!

http://www.coinspeaker.com/2015/11/17/isil-may-be-using-bitcoin-says-fincen-director-jennifer-calvery/ (http://www.coinspeaker.com/2015/11/17/isil-may-be-using-bitcoin-says-fincen-director-jennifer-calvery/)

So the picture above is wrong. BTC isn't comparable at all to black market oil. What it should state is the origin of all those BTC IS is supposedly getting. As it doesn't say anything about it, I guess this is all vaporware. The world has yet to see a single hard fact showing that IS is effectively having an income in BTC.

That can be said about anything in exchange for weapons and munitions. Come on now. Bitcoin is just stated there as a move to make people see it in a bad light as untrusted and therefore bad publicity.

If there is evidence, you can expect the authorities to act on it. The blockchain might provide them clues about the origins. If they can't locate the source, we can expect some restrictive legislation coming our way soon.

Why'd they emphasize 'black market' oil and not said that the gold is also sold in the black market? Or do they mean the ISIS gold business is all legit.

I assume they're saying 'foreign donations' that goes through bitcoin. They just don't want to say money is still pouring to ISIS from all over the world.

Then what about this  ???
http://bitcointalk.org/index.php?topic=1254539

$3 million worth of btc found in Isis milita's possession  ::)

The media knows nobody would be sued for defamation of character, if they post lies about Bitcoin on the internet and even if someone does go that route, they would have the backing of billionaire investors. The mainstream media is just a tool for a system that is corrupt to it's core.

They will report whatever they want to. The more controversial it is, the more income they will receive.  ^hmf^

True the more the dramatic the story the more revenue they get from reporting on it first even if it is false news headlined.

read earlier in this thread:
https://www.reddit.com/r/btc/comments/3t60z8/isis_bitcoin_wallet_with_3_millions_usd/cx3k9oq
Bad journalism.

I think the bigger question is: How does Daesh* convert any BTC they do control into Cash? Surely no 'Arms Dealers' would accept BTC? What Bank/Exchange is doing this for them? THIS is the source that needs to be shut down, as has been mentioned earlier BTC is only the currency, not the source of income.


*I specifically will never use the term IS/ISIL/ISIS when referring to these thugs. These terms only give them legitimacy. They do not want to create a legitimate "State", only a region of 'stone age peasants' they can control. Please consider using Daesh as well.
see: https://www.freewordcentre.com/blog/2015/02/daesh-isis-media-alice-guthrie/

kind of funny

the paris attackers lived in brussels, and sold their bar(pub) to buy the weapons and rent a car...
so no bitcoin use there...

the british attack on 7/7 2005 and american attack in 9/11 2001 was before bitcoin was even invented.

so will people please use logic and common sense, then read beyond the headline and research facts..

Doesn't any type of currency fund terrorism? American dollars, Euros, Yen what have you. All type's of currency can fund them in one way or another. Why is it a surprise to the governments of the world that BTC is "allegedly" one of them? If the media and other's are rallying too "ban" BTC should we in turn ban every other type of currency?? Had to sign-up to give my 0.2 :)

It's just bullshit. Nearly all exchanges have AML policies which would prevent such things and the best way is to use localbitcoins but the volume is very small there. It's nearly impossible to fund terrorism massively due to the limited market cap.

Till the adoption rate increases massively, there isn't a risk for Bitcoin to be used as a funding method for terrorism.

http://www.cityam.com/229160/eu-cracking-down-on-bitcoin-after-paris-attacks-to-stop-terrorism-funding

cityam says: "according to reuters"..
yet reuters source is an EU memo
yet when using the find function of the web browser. the EU memo never says the word 'bitcoin' and or 'cryptocurrency'. but when you search virtual currency.. 1 hit appears.. in regards to ensuring exchanges follow AML/KYC..

seriously media needs to research better and stop copy and pasting stories.

here is the memo that all media is speculating at:
http://europa.eu/rapid/press-release_MEMO-15-6115_en.htm

search
"bitcoin" = no hits
"crypto" = no hits
"virtual" = 1 hit

can we now ask the OP to rename the topic as debunked.. and then lock it so it cant be bumped by sheep not even bothering to read it and going nuts thinking the media is right

This is a very bad publicity, it equals to: "ISIS, come and use bitcoin!"  :o

I guess the blockchain analysis and black listing will become more and more popular, like Mike Hearn said, unfortunately  :-\

We can say that Bitcoin is mainly use(ober 90%) for illegal activities. This is the truth. Terrorists , ponzies, drug dealers, illegal forex, illegal exchange companies(not licensed) and many others are the real Bitcoin. Withoth these, BTC value will be near zero.

The other part(speculators) is negligible.

It's just not fair.  Bitcoin allways gets a bad rep with mainstream news Media because guess what they are funded by banks who want bitcoin to go away so they can control.  Isn't it obvious????  USD funds terrorist's just as much as bitcoin.  The problem isn't what's funding them but who is.   I'm honestly surprised that People miss this point all together.  Go back to sleep sheep.

Those are my sediments exactly. The big banks are funding these media accusations so they can steal the blockchain technology and toss out bitcoin so they don't have to deal with it or try and integrate it into their banking system somehow.
I don't think we will ever know who is funding them as it is all a conspiracy to keep the masses dumb to the facts of what is really going on behind the scenes.

Whoaa, that is quite a bold statement to make on a public forum. Do you have any source documents as proof of
that? I doubt if the CIA will fund a terrorist organization to kill their own people. Why would they want to do that?

It is more likely that ISIS is getting funding from extremist supporters from within 1st world nations, owning legitimate businesses. They also sell some oil and trade with raided goods.

Now I'm scared I'm gonna get picked up in a black van at 3AM

It was a joke. Really all I know for a fact is Vladimir Putin said G20 nations are funding, and somebody has to be buying oil from them. I don't understand why the US hasn't located them, and shut them down.

I just can't believe as saying this about bitcoin. Just like anyother currency if it is accessible to the public, terrorist can use it. Let's not lay blame on one source of their funding. I am pretty sure they have fiat being mailed to their headquarters using snail mail too.

A few day ago I also seen a spread on the BBC that claimed that the recent terrorist activity was funded with bitcoin.  According to the spread, the EU was going to have a closed door discussion to ascertain the extant of the funding activity and to figure out what to do about it.  They never did a follow up report on the issue though....so I didn't hear what they came up with behind those closed door meetings.

lies..
you say over 90% is illegal..

hmmmmmmmmmmmmmmmm
ok i bet you can only name maybe 1, 10, 100 illegal services...

ok well try naming 100 illegal services and ill show you 100,000 LEGAL services.

...
......
.........

ok i cant wait for you to list the limp and shrivelled list of black markets.. so ill just tell you to go to bitpay/coinbase and see that they have 100,000 businesses
accepting bitcoin..

have a nice day

Please read this recently declassified Pentagon document: http://bit.ly/1DntmiA (http://bit.ly/1DntmiA)

It shows that the U.S. intentionally armed Al-qaeda groups in Syria for the purpose of overthrowing the Assad government.

Equally bad, government officials knew this action would lead to an Islamic State in Syria. In other words...

They knew it would cause the rise of what we now know as ISIS!

It’s long been suspected that the U.S. armed and trained ISIS forces. Now we have the smoking gun.

Bitcoin runs under the internet, so I guess it's time to end with the internet too lol. This makes no sense, of course that terrorists will use whatever new tools that arise with technology, but it's to go against progress trying to ruin it for the people that make a good use out of them, they should ban cash first.

Yes I agree with you. All this crap, ISIS and Al Qaeda are western country creations. Mostly American creations. These western countries will never admit this though and they will always try to find another things or people to make them guilty.

I am afraid and I have a little fear that they will make a scapegoat out of Bitcoin. Just like this reportage that we are discussing here and that mentioned Bitcoin as one of the sources of funding. The things start like this!

These terrorist will use whatever funding they can get their hands on to.

Whether that's the dollar, bitcoin or euro's or any other currency they can use.

They will get their funding one way or another.

This news about ISIS mainly founded with Bitcoin is bullshit. We all know that. Bitcoin, or cryptocurrency in general is far less than 1% of ISIS funds.
But that topic is GREAT for mass media, and for FUD spreader antibitcoin haters to show people how bitcoin is a 'threat" for peace.

I too think that news like that are making stupid politicians to take legal action against 'free internet money' which bitcoin currently is.

...but you do realize your talking about Apples and Oranges, right ?
Funding does not equal Currency. Funding is useless unless it is in a currency that is accepted by the seller. BTC are far too trackable for a arms dealer to use. The SilkRoad busts showed the world that.

The US$ is far more anonymous is that sense.  THAT is the message that the Bitcoin community needs to be getting out there.

because bitcoin is a new currency involved in so many illegal things like silkroad...so it just bring back memory. Gold, I also agree. They shine bad light on BTC but gold is just normal to be on this list?

I thought they were funded by George bush when he was in office lmao.

isis have more fiat money than bitcoin asset
so how about it ???
> http://www.newsbtc.com/2015/11/24/bitcoin-accounts-less-1-isis-funding/

I would have thought that, technically, the Internet is the main funding source of Terrrism. Cut out the internet and there is less terrorism. Less people are manipulated into believing what other people think that are metally more stable than the manipulated person.

I can say the statement can be true and false at the same time. The reason why I am saying is because the feature that bitcoins have makes it a bit a suspicious digital currency. Due to lack of a formal body that controls the coins, it has been a great challenges and even inhibited the coins from being accepted in other countries as a formal currency. Criminals yes may be using the system for their transaction but all I know it was never meant for criminals.

I think there is a possibility but really hope its not,

because bitcoin main idea is to be make us easy to do transaction  globally, not to harm anybody

Bitcoins are not the terrorists funding sources, terrorist does not have brain to think too much on any digital or in cryptocurrency. They just know how to kill people who lives happily.

I think it's definitely possible, but that's one of the downsides to bitcoin, you can't have all positives.
if you want freedom of currency with something like bitcoin, that counts for everyone, good or bad

They had better do away with cash then too because terrorists use cash.  They would really use anything that would work.  It is not as if they are seeking out Bitcoin over others.

exactly, there is not a single monetary unit, you can't abuse in one way or another

I don't think there is a real relationship between bitcoin, and crypto currencies generally, and terrorism funding. The criminals and terrorists used fiat for their transactions between the bitcoin's creation and they still fiat and other currencies

It's kind of obvious to say terrorists can use Bitcoin, but so what? It doesn't matter. People use Canadian dollars to do terroristic things too.

I remember a report being published somewhere about the main currencies used by terrorists for money laundering. If I remember correctly, US dollar is TOP and Bitcoin is quite a distance away. Perhaps Bitcoin is not popular enough to be used for money laundering or they have many other ways

Yes that's why all the countries are announced as the high alert.

dont believe what media show about bitcoin,they not always true,and some people believe terrorist use another funds,maybe they have own funds,and some post on this forum also mentioning western union as terrorist funds.

Bitcoin can even be one of the sources of funding for many terrorist groups, but I can assure you that the primary source of their funding is not Bitcoin. Fiat, Fiat is the main source of funding for terrorist groups, and that is more than proved.

Ofcourse that is logic. If you use Bitcoin and pay with it, you cant control what he bought or sell. And that is really dangerous.
It is also very dangerous that it will be going more worth later so that is not good for them, but we will see what is going to happen.