Bitcoin Forum

Bitcoin => Press => Topic started by: LiteCoinGuy on November 23, 2015, 04:18:45 PM



Title: [2015-11-23]Video: Do digital currencies make it easier for terrorists to move..
Post by: LiteCoinGuy on November 23, 2015, 04:18:45 PM
Do digital currencies make it easier for terrorists to move money?

https://video.foxbusiness.com/v/4623904224001/do-digital-currencies-make-it-easier-for-terrorists-to-move-money/?playlist_id=3365167752001#sp=show-clips


Title: Re: [2015-11-23]Video: Do digital currencies make it easier for terrorists to move..
Post by: Kprawn on November 23, 2015, 05:07:05 PM
I did not expect Fox to report fairly well on this topic.. There are so much FUD being spread about this, that they could have decided to run with that. The thing is, they know

other methods of transferring funds are in no way fool proof and using Bitcoin in the wrong way, would actually help security agencies to track down these people. At some

stage Bitcoin needs to be converted to fiat, and you would eventually have to enter a system where KYC/AML regulations are enforced. This is where these people needs to be

targeted.. and they know that. It's even more difficult to use Bitcoin on these platforms and still stay anonymous.  ;)