Bitcoin Forum

The key value proposition of Bitcoin is becoming clearer.

ISIS, and similar groups, are using it to fund their activities.

This is one of the key reasons why governments will step in and force regulation on Bitcoin and all other cryptocurrencies.

https://www.cfr.org/article/bitcoin-bombs

I think you usually search negative part of the Bitcoin. Most of your polls are against Bitcoin... But, I agree what you mentioned here.

What are you doing here freightjoe ?
You don't have Bitcoin and you don't like Bitcoin, yet you have registered to a Bitcoin forum?

What is your point?

I am seeking the objective truth.

And as shown in another thread in here that has already led to you admitting that you are OK with paying money to North Korea's nuclear weapons as long as that helps your Bitcoin investment

Guess what? Knives are being used to commit murder. Might aswell ban knives am I right?  ::)

'You are seeking the truth' means you didn't find it yet. Right. So you think you'll find your truth by telling everybody how bad Bitcoin really is????

No freightjoe, you are obv.  lying about your motives and have no clue about Bitcoin and you are obv. not looking for 'the truth', but you are only here to spread FUD. If you are a paid shill or just a poor guy with a mental issue can not be answered by me. You should know.

I can see you are perfectly happy with your financial support of the North Korean nuclear program

I don't support North Koreas nuclear war program in any way. YOU are supporting North Korea by using FIAT (and probably their drugs, too)

Bitcoin can be used legitimately. The article itself graciously pointed this out. It's sad that it's being used for terror, but everything can be used for shady shit. Cars have been used to ram people over in terrorism in the past but that doesn't mean cars should be banned.

Banning Bitcoin doesn't mean terrorism will end either. They have used cash in the past and have had little problems. There's also this:


If anything, governments simply have to regulate. Bitcoin is still new and should be given a chance.

Once again you are contradiction yourself - or simply lying.

Earlier today you wrote explicitly:

Absolutely correct - and that was also what I initially wrote. I did not say anything about banning Bitcoin - I said governments will step in and regulate it. Just as they are regulating transfers of fiat.

Terrorist organizations are using euros, dollars and probably every other currency as well. So let's ban fiat altogether while we are at it?

Seeing those arguments above. All I can say this is a forum and people do have the freedom to express their views and perceptions about bitcoin but yet op would really expect that lots would really oppose since we are on bitcoin forum then expect there would really be more supporters than on haters . I know that Bitcoin users are always aware on these kind of situation on where bitcoin can really be used on these things. Sad reality but we should get used to it since no one can stop people on using it on funding people.

I never said it would be banned. I said governments would step in and regulate. And, yes, they are also regulating fiat.

oh god this guy again, spamming the whole board with shit talks and nothing more, stating he knows the truth and want to make us aware of it.
Everyone knows that BTC care used to buy illegal stuffs, drugs, weapons and italian mafia are using BTC to buy piece of arts to laundering money.. so what's your point?
Based on your assumption, producer of weapons are responsible of mass shooting in America (just to be clear, i'm from EU and i'm against the american law about weapons) and not the people who use it.. my fault again, i took the bait once more.

True - but you should be aware that governments will step in and impose regulation, and that will have a significant impact on the valuation of Bitcoin

Doesn't contradict, because everybody can mine and use Bitcoin. That's one of the magic features of Bitcoin. One day you will understand that....

Didn't you read the point? The point is that regulation of Bitcoin is inevitable, eliminating anonymity and undermining the decentralized nature. That will impact Bitcoin valuation.

Wrong. It is a simple code change to ensure only approved miners can contribute, and thereby eliminate the possibility for criminals (and unstable governments building more nuclear weapons) to monetize it.

Go on and build an Altcoin that does exactly that. Then you form a comitee, that decides which countries will be banned. Great idea. Start programming and open your own forum for that, because Bitcoin is different.

You can call it 'Bancoin. The coin NOT for everyone!'

Well - that is exactly what you will be asked to build if the governments are not to shut you down. And with key people in Bitcoin having fortunes tied up in it, there will be a majority to go down that path when the day comes.

Oh my ... you actually don't understand Bitcoin a bit ....
How can you discuss things, that are completely out of your range?

I am not happy if the government allows ISIS entry in the crypto world, will have an impact on bitcoin.
 

I thought most of the IS is supported by some rich Arabs, they do not use the Bitcoin.

ISIS uses FIAT money like USD EUR and such.

I guess in deep web it is obviously use i guess bitcoin is really versatile where it can be use by anybody in that way everybody can use bitcoin even if it is illegal be cause bitcon is a decentralized thing or platform where the community is the one who control the bitcoin market value ofcourse still depends n demand and supply.

Once more you are off the mark: https://www.cfr.org/article/bitcoin-bombs

That's not necessarily true. Countries like Japan and the US already have existing regulations and those didn't have a significant impact. Granted, regulations have to be fair to avoid stifling growth. China's unfair and arbitrary exchange ban didn't do Bitcoin's value much good, but Bitcoin survived that and got stronger than ever. Japan's regulation accepted Bitcoin as a legal means of payment, and a large majority of Japanese people have heard of and are open to Bitcoin as a result. Fact of the matter is, regulation isn't always bad.

Maybe you wanted to say "Crypto" instead of "Bitcoin"? If ISIS is not total fools - they will use another crypto with high anonimity like Monero or other ones.

If these situation would come to a point where it would be severe then its possible that government would really took serious action on this one but I would say no matter how hard they do try those transactions cant be stopped since bitcoin can be used underground away from those governments eyes which means it would be senseless. They can impose laws and would make some limitations but they cant able to immobilize it for sure. This is the perfect tool for funding those terrorist and no matter how you yell and scream out these facts nothing would be changed.

I saw freightjoe's Post History. I'll also ask the same question. Why the hell you are here freightjoe? You are just creating a lot of FUD threads which i see you cannot support or defend, you'll just end up using sarcastic tone on your sentences, you don't love Bitcoin and yet you are a member here. ah right, I forgot that you are obviously trolling.

Bitcoin will be bad if it will be used on bad thing. Just like any other thing, You can use a pen to write and also use it as a weapon for it's sharp end, Simple logic right!?. It's the same way how Bitcoin are used on terrorism or for whatever it's supporting illegal activities doesn't generalize that Bitcoin is a bad thing. Get it!?. That's my point. Get out of here FreightJoe FUD-Troll.

Exactly. He doesn't even know how to search articles on google, He is just selecting articles that best described Bitcoin as a bad thing.

Hey,

You again! After North Korea, you are bringing ISIS? Actually I could make a copy/paste of my answer about NK...

Bitcoin is not good or bad in itself. Some people are using it to sell drugs or fake watches, others try to brng up diruptive business models. The bitcoin in itself is merely a mean...

On top of that, do you really know what fund ISIS? Oil. The oil bought by the US (among others) to Saudi Arabia. Saudi Arabia is a kingdom and the heirs are all trying to gain some power (which is not that easy, the family is very large). Some of them think that supporting ISIS is a good way of doing so.

So when you buy gas for your car, YOU are supporting ISIS. Or maybe, you cannot be held responsible for that?  :P

Yes, all cryptocurrencies

Do your homework. This is why there is politcal pressure on rogue states - just as there will be immense pressure on Bitcoin

You might as well start a topic..... USD used to finance ISIS or EUR used to finance ISIS or anything else.  

Sorry to say, but all my points have been on the mark, and no one in here have been able to disprove them. All you do in here is cry "FUD" which seemingly is the feeble hope you are clinging to in order not to realize the crash that is coming

Its not our job to disprove anything, and its not possible to do it. Disprove that Santa is real.. It can't be done. You are making the claim, you have to prove it

I have merely pointed out very real and very factual issues with Bitcoin that will have a significant impact on the valuation of the coin. All those issues are shown to be real - no-one in here have been able to logically argue against them. Which is why I see the desparation growing with people in here as the realization is slowly coming that this cannot end well unless you get out

No. You are missing it and you are messing with this forum. All you do in here is cry " BITCOIN IS BAD, BITCOIN IS EVIL, BITCOIN IS NOT REAL" when this forum is all Bitcoin, If you hate bitcoin leave and stop spamming the thread with your useless argument, with that level of understanding you got? you think you can sway away people here? I don't think so. Not that easy.

You think FIAT is not used on financing ISIS? Guess what! IT DID!, oh no, but hey GUESS WHAT AGAIN... YOU CREATED A THREAD SAYING BITCOIN=FIAT!. Ow woahh! Should I listen to you again? NO. Should I waste my time to a senseless person like you? NO.

That's all he is...shill and FUDster. People are cashing out as they see fit for their situation and enjoying their profits. He's stuck trying every angle he can find, which has to be quite limited time that he supposedly has. lol

He clearly has no understanding of how the treasury departments of the nations fighting terrorism work.

Regulation of Bitcoin will not stop terrorism, even if ISIS has bitcoin they still need to convert it to fiat in order for them to spend it elsewhere or if they are using it to purchase munitions then it is not the fault of the coin, what should be regulated is the manufacturer of those things not something that is used to purchase it.

Yeah , and?

I'm willing to bet that all the ammunition, bombs, trucks, food and supply where bought with fiat.
I don't think the terrorist are getting payed in BTC.

So if you really want to stop terrorism you should start by banning:
the internet, money, cars, firearms, food, cellphones, drones, clothes and don't forget the most important thing, ban people!!!!

Let's stick to facts here. Where have I written that "Bitcoin is bad", "Bitcoin is evil" or "Bitcoin is not real" ? You are merely making this up. Again I am purely mentioning facts and analysis that you emotionally do not like, but clearly are unable to refute. Instead you switch to lying and shouting.

I have never said that Fiat did not finance ISIS - again a lie from you to cloud the truth.

Try with real arguments if you have any

Again no arguments from Scotty boy, only guesswork as to other people's motivations. I stick with showing facts and since you do not like the facts, you clearly just become emotional and angry.

I am still waiting for any facts from you refuting my solid analysis

I don't think that facts are needed for that, what you're posting is a senseless analysis. Like for this one, how can you blame bitcoin for ISIS terrorism? They might have used bitcoin to purchase bombs but they are also using fiats right so what is the sense of posting it here in this forum?

I said you are crying "Bitcoin is bad", "Bitcoin is evil" or "Bitcoin is not real", i didn't mean that you written and posted that, but that's how i see your posts.

Here is the fact:
You call bitcoin a ponzi scheme, is ponzi scheme bad and evil? Yup, therefore you are saying that Bitcoin is bad and evil because it is one big ponzi scheme.

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How you define Bitcoin

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Nov 18 you created THREE THREADS. One is the Announcement on Alt coin about Bitcoin Ruthenium (https://bitcointalk.org/index.php?topic=2423350.msg24796260#msg24796260)
Make Bitcoin Ruth Again
-Ruth means compassion for the misery of another; sorrow for one's own faults : remorse
This thread shows how you become a LIAR and a confirmed TROLL of this forum.

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Nov 19 you created FIVE THREADS. One is attacking the Forum and it's members

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Nov 20 you created SIX THREADS, Nov 21 FIVE THREADS,Nov 22 FIVE THREADS,Nov 23 SEVEN THREADS
and all of that threads are throwing shade at Bitcoin

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I don't know if you are just bitter because you've lost your saving because you stupidly put it in Bitcoin, or you are just throwing FUD as much as you can by creating,posting threads everyday which doesn't have an impact on this thread. Clearly, you are just wasting your time here. No one will believe in everything you say, and remember that your Intelligence is not the standard level of being smart that when someone disagrees with you. This is the last time that i will respond to your stupid post. bye.

You didn't? Seems that you can't even remember your bs from one page ago...

He has to work for the government. These people think they can force people to think how they do and how they want them too. LSD was created by the US Government for that exact reason and then it backfired. ^lol^

Bitcoin is pseud-anonymous, not anonymous. Cash is more anonymous than Bitcoin, but people target Bitcoin for no reason.

The North Koreans use hackers to target Fiat institutions to fund their nuke projects. <It is easier to hack a centralized database with tons of credit card details>

Oil money is also being used to finance ISIS, social media is also being used by ISIS...terrorists would use just about anything to sow terror. That's what they do. Bitcoins not eccluded. All the more reason why cryptocurrency should be regulated.

Clearly you can't read. YOu posting to my quote is exactly what I just said. I have never said that Fiat did not finance ISIS - again a lie from you to cloud the truth.

Well, why weren't governments stepping in when ISIS was using the US Dollar or oil to fund their operations?

I wouldn't take those threats too seriously, governments have a way of going back on their word once they figuree out they too can make money doing something.

They did. Its called freezing assets and using drone strikes