Bitcoin Forum

We should all expect a "terror attack" with the villains supposedly funded by BTC.  The feds and media would have a field day with that.

Wait for it...

>implying that isn't already being done with fiat

Terrorists seem to like to move money using Western Union.   Why have we not outlawed Western Union as it is clearly dangerous?   I understand that we are going to outlaw pressure cookers soon.

No implications intended.  Just a prediction.

Western Union requires ID.  The biggest threat to TPTB from BTC is anonymity.  Eventually governments will start saying all anonymous currencies are terrorist tools and must be banned.  While they can't ban the currencies outright, they can make transfer from fiat almost impossible.

Not any time soon.

HSBC have already been caught red handed money laundering for terrorists and drug dealers so it's not going to make much difference regardless of how much they scream about it.

It just means us semi anons will need to be more vigilant to protect the community we still have taint after all

 Anyone who isn't at least a bit concerned about Bitcoin funding terrorism is fooling themselves. I like Bitcoin, but I like being alive even more.

Who decides who is terrorist? Governments. Well, fuck all governments. I hope all organizations use Bitcoin for funding, even "terrorist" label ones.

It can be done with paypal, skrill, webmoney or perfect money. Those currencies is only a tool it can be use in good or bad.

Just another dude trying to buy cheap bitcoins again. Wait for it...

WU asking for ID means nothing. Ask any Nigerian Princes seeking help with their millions if only you could share your US bank account
http://www.419eater.com/

Now I would agree the banksters, a lot of them here right now on this forum will do everything in their power to put a brake on bitcoin. Most of the bitcoin believers understand this already.

My question to you is: are you on board no matter what? Buy $50 worth of bitcoins. Hold them, spend them. Be part of the bitcoin ecosystem. If not, be part of the FUD machine.

I think main "terroristic attacks" now is with stealing money from our wallets and computers. Every hour criminal elements discover new and new variants to pocket our digital money. The newest point is that android wallets mine altcoins http://altcoinhunters.com/2014/04/android-malware-mines-altcoins/

The terrorists may take advantage of BTC.

They do take advantage. Once I came across a Jihad funding site (off course accepts only donations in BTC), while browsing the dark net. (I am 99% sure that it was set up by the FBI).  ;D

You are MUCH more likely to die in a vehicular accident than terrorism.  So stop being scared of your own shadow.

I don't think real terrorists got yet to the Bitcoins.Bitcoins are really famous but only at this forum.

lol... do you really think so? Just check the number of articles which had appeared in Forbes, during the past 2-3 days about Bitcoin. Bitcoin is famous outside this forum too boy. And the popularity is growing day by day.

dont they use dollars or euro?? just wondering... much more untraceable...

So what if they do?

They are already using fiat, PayPal, and other electronic forms of payment.

We just to make sure that the media and the anti-bitcoin agenda don't try to fool the general public into thinking that bitcoin is somehow connected to these elements, a la the Silk Road debacle.

I guess terrorists diversify their assets but the same argument can be made of alt coins :)

I don't think that even the terrorists are stupid enough to invest in shitcoins. Everyone with normal IQs know that the shitcoins will die out in the very near future, as they are just copycats of Bitcoin.

Wake up, all terrorists are using international banking already.  :D

True enough although by the same argument if they have shitcoins no one is really going to bother checking where the coins are moving while with Bitcoin it is easier to figure out because of all the attention on it when large amount start moving.
Want to be sleuth you need to use unconventional routes.
Hehe that said your probably right

You can only use Bitcoins to move large amounts. You cannot use shitcoins to move large amounts. That is because the shitcoin market cap is too small to move large amounts.  ;D

Anyway, you will have to convert them in to Bitcoin before you cashes out.

It's so complex, it has to happen

True but when you convert them to Bitcoin from Shitcoins the trail becomes a lot more complicated than if it was just Bitcoins by themselves since to my knowledge their is no blockexplorer to follow on most of them.
Example
Buy 100,000 Sexcoins using tainted BTC on an exchange
Move Sexcoins somewhere else
Then buy Another Coin like NMC on a second exchange
Move to the third exchange and convert back to BTC
Then cash out

It's foolish! If terrorists like BicMacs let's close all McDonaldses to not provide em food. If they read Koran like millions and millions people all over the world, let's ban it. If they have sex doggystyle let's do it only in classic pose. Where's the logic?

Yeah it will definately come. By now most people think bitcoin is a drug-coin. The step to a terror-coin is not so big ;)