Bitcoin Forum

Crypto is a poor form of money for jihadists because they usually need to purchase goods with cash often in areas with unreliable technology.

According to this Forbes article (https://www.forbes.com/sites/tedknutson/2018/09/07/terrorists-trying-multiple-times-to-raise-funds-via-crypto-without-much-success-congress-told/#2173e7712c64)

So they don't have computers, bitcoin merchants, fibre optics or 4G coverage in the dusty dessert or hideout hills.

According to Yaya Fanusie, director of analysis for the Foundation For Defense of Democracies Center on Sanctions and Illicit Finance: “Cold hard cash is still king"

So will they ban cash to prevent terrorism ? That would be some good hype to get the next bull run started !

According to the Forbes article a group called Mujahideen Shura Council (MSC) in the Environs of Jerusalem - was able to lure only two contributions for a total of a little over $500 in weeks of a 2016 online campaign. MSC sounds like a Microsoft certification. Perhaps the contributions were accidental and two suckers are still waiting for their online courses.

So not only is it terrible to use for the terrorists - their supporters appear to be crypto broke too.

Sounds like a business opportunity for a gun dealer to accept jihad coin. Make sure to use escrow. You cannot trust terrorists.

It’s true underworld peoples are using crypto for their internal transaction because no one can control this crypto market even government also can't control this market. That’s why al Qaeda and Islamic State and other terrorist groups are using crypto.

the terrorist organisations uses fiat currency too,  so crypto shouldnt been seen as an aid to terrorrism, terrorism has been here, long before cryptocurrencies came into being, and they have also been funded before crypto was invented.

They are in fact saying that the attempts to procure funds with crypto have been made but the results were pathetic, which is great for crypto. I've seen many opinions about it being the preferred money for terrorist organization and that it potentially could become even more popular among them in future.
Worrying about them using cryptocurrencies is a waste of time. ISIS is defeated and people in islamic countries are more worried about lack of work and money than extremists blowing up their houses.

You know what you are doing right now just by sharing this news? You are just trying to ruin the image of cryptocurrencies in front of the people who are new here and yet to have a grasp over the whole idea of cryptocurrencies. Fiat money is traceable and centralized yet there have been millions of terrorism funding and money laundering which is continuing till now but we tend to ignore these parts too.

When and If terrorists start carrying out their acts of terrorism while using cryptos like bitcoin to make purchases for arms and ammunitions, it will spell a whole lot of bad news for cryptocurrency in general as it will paint cryptocurrency in a negative light.

this is one of the reasons why many countries prohibit the use of bitcoin, they fear bicoin is misused by irresponsible people, so the government has difficulty in overcoming it, and the decision is made with the prohibition of bitcoin. We must stay away from criminal things in using bitcoin. .

No but crypto is for all,we can use it either we are poor or rich but there are some people that using it for illegal activities such as hiring criminal by also paying bitcoin,so if you are using this make sure that you will use it for goods.

This is actually true. Unlike the US$ which has a fixed rate, cryptocurrencies fluctuates in value. So if they get paid with cryptocurrencies, the price or rate may decrease in time and so they would have lost a significant amount of value. In the real sense, crypto does present a number of advantages for its users but it is not yet as liquid or flexible as fiat in terms of use. And so if I were a terrorist, I would still go for fiat.

Its very obvious that is not for jihadist or terrorist because they choose to live isolated in a mountainous country or region. So its going to be difficult for them to send/received funds unless they themselves go down in the city which is risky or have someone to do it for them, but still communications is vital so they can be track. So its not really suited for them. They think that they can take advantage of crypto, but no way that bitcoin or any other crypto could be the new era of terror money. So I'm not surprised if they decided to go back to fiat to funds their activity, but sooner or later authorities will be one step ahead of the game and will track their every movement by following the paper trail.

Well bitcoin is really tiny right now. Once it becomes a force worth several trillions I actually worry that some sick fuck may be able to amass a fortune big enough to cause a disaster. What if someone manages to buy some nukes and aims them to some city? we never know what the future awaits. I hope anyone that manages to amass a bitcoin fortune got there because they are bright enough to know better, not because they are fucked up in the head and easily triggered into causing a disaster.

Linking cryptocurrencies with terrorism caused by the lack of government control in the sense that you do not need any documents to use it.
It is a scarecrow "made by governments" that fears people to keep away from those currencies.

I would like to draw attention to the interpretation of terrorism, it differs from one state to another, and not only to the ISIS or jihadi groups "that are far from the Islamic religion," So linking them to Islam is a big mistake  :).

Terrorist organizations also include drug dealers who can access crypto easily.

This article has vindicated Cryto as not been a terrorist tool for the procurement of illegal weapons. The plain truth is that: Terrorist prefer a swap of cash for weapon or goods for weapon. they try to avoid advance technology because they will be easily tracked. Lets hope with this report that the government change their critical view on Cryptocurrencies.

I think it is true because they need cash for buying things and terrorists are very dangerous while they are highly intelligent too so they prefer those things which can be used every where and for now the bitcoin is not good for them to use because of it's usage is not possible without internet.

no shit! all the funding is done through US dollar. all the things the terrorists buy are bought by US dollar. there is no place for cryptocurrencies among them. specially since it is harder to use due to lack of adoption and much easier to track majority of them specially bitcoin since they are not anonymous and have a public ledger of all transactions left out in the open for everyone to see! using US dollar won't leave a trace at all.

as for that "juhad coin" or whatever you want to call it, I would doubt its origins since I have seen all kinds of weird ICOs in the past year. the kids are starting to run out of ideas for their ICOs so they are now left with these things so it may even be one of the same kids who created another ICO like the energy tokens which were supposed to make "energy cheap" LOL. or a lot of absurd tokens that were created purely to make money and nothing else.

yes it could be so, because crypto will not be able to get it by robbing
crypto is very detailed in the system
Crypto is also safe in my opinion

You can also add to that statement, that all transactions are visible on the Blockchain and even if they used Mixer services, these transactions can still be traced back to them. We do not know who are behind many of the smaller Mixer services <It might be some government, collecting information.>

As you said, Cash is still King for most of the criminal activities that are done 100% anonymously with cash.  ;D I have yet to find a drug dealer that accept Crypto currencies on the streets for his/her goods. <Well, I am not interested in that junk, but someone would have mentioned it in some publication or news media outlet>  :P

North Korea is using crypto to prop up ti's regime, so maybe the other terrorists can't access it, but North Korea has done handsomely out of BTC and Altcoins because Pyongyang has made a coordinated hacker group that hacks  South Korean and other Asian Exchanges and already just in 2018 alone, KIM JONG UN made over 200 million USD worth of Bitcoin from the hacks. I also believe the bancor and coinrail hackers are North Korean, it just makes sense to me, that's who is doing it and getting away with it. Someone needs to make a protocol that can close down wallets or reverse transactions from hackers because Bitcoin and Ethereum don't protect against hacks.

maybe terrorrist is currently still using money to be used as a transaction tool, but I think there may be some terrorists who currently use crypto, but it's just not maximal in its use because it is constrained by several factors such as internet networks and other access.

Blockchain system is no doubt the best way to keep your asset from the preying eyes of government but then, it has serve as a tool to siphone illegal funds by corrupt persons. Any way out?

Nope. USD is the most famous currency for terrorists and scammers. Research and check out analytics and you will see for yourself.

I think bitcoin is bad for terrorists but still very good for scammers. Transactions can not be tracked and this is a definite plus for hackers and traders dark net.

Baseless and unreliable accusation this is purely black propaganda just to destroy the whole cryptocurrency Terrorist really need cash for their transaction.

It's actually a good source of funds because they don't always require a face to face deal. Also, they have sleeper cells in built up areas where they can convert bitcoin to fiat and then transfer it or use it directly. Not promoting this, just stating why op is wrong

Yes, may be crypto is a poor form for the terrorists. As they don’t use the computers and block chain technology. They don’t have also the bitcoin merchants. This would be a very good thing to prevent the terrorists. But it is nothing impossible to gain all theses knowledge.

Banning anything cannot stop terrorists from my point of view. They will always find another way. But the thing is we should look at the brighter sides of cryptocurrency. It has more benefits than limitations.

Those who are banning cryptocurrencies for these terrorist matters, sooner or later going to accept crypto world because it is one of the promising things which exist in the world right now.

That could be a reason but can't be used as a basis for seeing crypto as a currency to support terrorists. Bitcoin is only a currency and for its use depends on the user, and I think the fiat currency can also be used for terrorist purposes.

I guess this is one of the reasons why governments sees cryptocurrencies a threat that provokes criminal minds to use crypto for their illegal transactions and interests since it is decentralized.

I think this is one the main reasons why governments and other state's systems don't want to accept BTC. But i think that we shouldn't recognize cryptos as a terrorist money because its idea is much more wider and helpful for us

what a shallow opinion. I can't write anything than this. You should do more research fella.

I am not sure about that but I heard in dark web lots of things are paid through bitcoin which is illegal. So we have to be conscious because it can be very harmful for crypto market.

Actually every currency can be used for any purposes. It can be good or it can be bad. So it actually depends on peoples will. So we cannot say any currency is used for illegal purpose only.

How do you managed to twine bull market in this post where you talk about btc and how it is used by terrorists, it is not relevant at all.
Also it is naive to think that terrorist live in deserted areas only .
Finally I dont think that btc is something they are and will use, Monero is more suited for black things as this.

Any fiat currency was always used by terrorists.  After that, the Fiat became evil?  it is always necessary to understand that some part of the currency will be dark money!

Terrorist networks are very organized, they can use anything including Bitcoin to succeed their goals.

WTF is this discussion? Lolz man, now we are talking about the terrorist and how we can provide money to them at all. Or is it similar to something planning on giving the money to them in some way other. Its funny to discuss it here because such posts could be motivating for the black market dealers and may seed the ideas like this. Terrorist will never get the coins like this because big transactions can be easily tracked here though they are pseudo-anonymous. But they are yet traceable and thus for dealing the big arms and weapons huge money is required which can be traced out easily. May be its really poor for them.

In 2014, reports developed of Islamic State warriors in Raqqa, Syria encouraging little or household buys in cash exchange workplaces, and directing long-remove universal exchanges utilizing computerized monetary forms like bitcoin.

It is true, but maybe because bitcoin is rare thing to use, when it been used by terrorist it blow up to media. Since past even fiat already used to do that bad thing. So actually bitcoin itself not a bad thing.

Keeping in mind the end goal to screen dangers and techniques for psychological oppressor financing, the hearing thought about real methods for exchanging stores by fear mongers, including conventional monetary organizations and semi-formal strategies, for example, the hawala trade framework, and additionally digital currencies.

I think crypto can be great solution to prevent money transactions that are used to do illegal activities operated by terrorists as it is really tough to flow the currency and cannot be used everywhere

well as far as I know in dark web many people sell arms and harmful things by exchanging Bitcoin. So crypto market is very vulnerable to prevent crime activities. We have to be aware of that

"I think crypto can be used for both good purposes as well crimes. it all depends on the way we use it. it is true that crypto is not easy to exchange so it will troublesome for terrorists rather than using cash
"

Technologies required for cryptocurrency transaction may not be available everywhere and terrorists usually live in these type of places. So this is true crypto may not be useful there but they can sure use crypto from a developed place.

I guess that’s true it will be hard for terrorists to use crypto from a remote place where developments haven’t take place. But if they have agents in the developed area, they surely can use crypto to fulfill their demand.

Cryptocurrency without some prior knowledge is difficult to use than fiat money. Terrorists might not be able to use crypto from their area but I think many of them might have the idea of how and where to use crypto.

Yes crypto is a poor form of money for terrorist because they don't have any legal computer, bitcoin machine, network coverage in the dusty dessert.

I know that because crypto market has no authority , many investors use it to fulfill their ill deeds but we can't blame the bitcoin for this it up to the users where they want to invest their earning but yes the market is becoming very secure day by day

you are right because here business opportunity for a gun dealer to accept jihad coin. but everybody should aware about this. i have little bit idea about this. i want to know more about this.

I am agree with you because it is open marketplace. where anyone can business here. i think everybody should careful about terrorist. i want to know more about this.

In my opinion crypto is not suitable for terrorist activity because. The digital is transparent its very easy to find out improper transaction. So I think crypto is not popular in this wolrd.

Man, jidadists aren't the only type of terrorists. ISIS has so much technological power, for example, and they have known to use drones and whatnot, for attacking purposes. Crypto is used by a lot of terrorists, smart people use XMR, idiots used bitcoin or worse. Cash is still preferred by them, because why not?

Jihadcoin, what the hell is it? Half the things you say are nonsensical.

Thats why some people  believe crypto used for illegal transactions because of this kind of news. Todays generations us digital and some of the transactions through computers but therefore there are some who doesn't know how to use computers like jihadists. If they dont have any knowledge using it they will not use it successfully.

Definitely not, plus it's not as anonymous as it initially appeared. Money launderers, terrorists and scammers are starting to quickly learn that it's not too difficult to determine who they are when you global blockchain analysis tools.

I don't think that logic only apply to terrorists but extends to everyone else holding crypto. Now the market is in red and who knows how long it will take for the market to moon.

The negative news that I have heard is the cryptocurrency, the laundering of currencies used by terrorists and makes bad value to the cryptocurrency currency. but after reading this post, I have known that cryptocurrency is the solution to fight terrorists, because if the cryptocurrency currency is made as a real currency, then the terrorists will not be there anymore (terrorists will go bankrupt and cannot move again because their finances are can't used up).

Not really. They living in dusty desert (being stereotype like you) does not mean that they do not have access to all those technologies. And who do you think are backing them up? Obvious those very "powerful" countries are. They are hiding their track by using crypto currencies (probably). But this does not mean that crypto currencies are being used for criminal purpose only. Remember, they existed even before crypto currencies were invented.

i guess jihadcoin is a type of currency that used in jihad or it is a kind of crypto coin specifically built for jihad by jihadians .


Yes i agree . most terrorist nowadays are also advance . they are now familliar with cryptos and probably they are using a crypto to purchase and sell stuff easily .


not all smart people use xmr or privacy coins , most of them do also use bitcoins because you cant still possibly traced if you use bitcoins  . cash is also the next option if internet or gadgets isnt available on the area .

its a currency,and open currency what can you expect?People now adays will always find a way to do their own thing illegal or legal.In terms of money everyone has a freedom where to spend it but some people  tends to use it illegaly and get penalized by it,that is the problem with bitcoin it is being abused by terrorist and that is the main reason why government cant let bitcoin go in in the industry

That's good idea.That's will be very good steps for preventing terrorism because of if they haven't any fiat then they can't be able to continue their terrorism.

Good thinking. But they will be find alternative way and if they will be able used to with crypto then they will have a opportunity to transect crypto. Nobody can't be monitoring them because of the advantage of decentralization.

That's not major issue but it's really good attempts to prevent terorism. But crypto have some negative point too because many criminals use crypto for their exchange for their crime.

As we all know that crypto is digitalized market it is true that the terrorist never makes their purchase with cryptocurrency because everything is online based so it is not help them and the security of crypto world is far better than real currency market.

I always get sad when people spread this kind of false speculations about cryptocurrency. Terrorists activities existed long before Satoshi even thought of creating bitcoin and blockchain technology.  Please lets stop this kind of speculations

No no ofcourse not, only crypto is used for terrorism.
Cash, cars, knifes, cellphones, computers etc are all fine and are never used for terrorism. ::)

I think that we will never be able to get rid of scammers, they have always existed and will continue to exist. Especially in such a profitable sphere as the crypto currency. Nobody will miss the opportunity to make a good profit illegally :-[

Bitcoin is bad for terrorists simply because it is difficult for them to pay on the street. Few people accept bitcoin for trading and therefore terrorists use cash.

I have a little idea on this. I agree with you because it is open market. I think people should be careful about terrorism. In my opinion, the code is not suitable for terrorist activities. Some people believe that passwords are used for illegal transactions because of this kind of news. If they do not have any knowledge of using it, they will not use it successfully.

This is one of the reason why not many country legalize and promote crypto.
Many crypto used for crime and no one can detect it. that's the special thing about crypto

i strongly disagree with the said topic as the crypto space is open for all to harness, the crypto protocol does not care about what or who is a user of the technology but gives equal rights to all and it has no limits as to what magnitude of transaction can be carried out on it so it is no form of poor money as
said above.

I also think that cryptocurrency and bitcoin in particular, on the contrary, can contribute to security, just need a reliable thoughtful regulation of their use.And terrorism must be confronted by the whole world.

This is the same old news. I believe the media has finally realized they milked this one too hard. Maybe it's a signal that the media is out of bear news and bullish news will start flooding in nonstop?

Its a good thing that terrorists may hard to used crypto for illegal but other criminals used it for for their illegal transactions thats why different issues about it are coming out because of them.  How can be sure that terrorists cannot be used crypto for terrorism, were in the world of high technology, everything can be done easily and freely.

Thanks for these write up and the information there in. One the reasons why some government are after bitcoin is that it is used to fund terror because of its anonymity structure but with the research by Forbes as contained in the write up is bringing to fore that in the desert the terrorist has no facility to mine bitcoin to fund their wickedness. Governments should look dipper to find the link for the terrorist funding and cut it off to starve them of fund and major source of their arms and leave bitcoin alone.

Definitely, I always believed that terrorists used the fiat currencies and cash a lot more than using cryptocurrencies. Terrorists usually to complete their transactions and deals fastly, and we all know that dealing with cryptocurrencies need waiting and time. In addition, they will need always to convert their crypto money into cash and fiat.

Ethereum and other smart contract compatible blockchain's based technology may be a good method for use as ESCROW. I hope we will see more advanced smart contract technologies in the future.

Terrorism has been here with mankind, long before crypto currency came to be, if you would remember the 9/11 attack on the world trade centre and the pentagon, by the notorious al qada, i dont think they were financed by crypto back then, so the bottom line is crypto currency is not a means to finance terrorist.

Unfortunately, terrorists are always one step ahead. If you cut them one source of finances they will find another. They are so dedicated to their dirty goal that they are ready for everything to achieve it.
They are always trying to find new sources and inovative technologies including cryptocurrencies are not foreign to them. Beleive me, they have explored all the ways how to misuse everything that is available to them and cryptocurrencies are not exception.

I don't want to stay against Bitcoin or to blame it, but it's a fact terrorists can benefit themselves from Crypto, no doubts about it. It's true they can't buy useful necessary items with Crypto-Currency, but it's a smart way to send money abroad, to fund allied countries and friends. It can work like a parallel financial market operated by criminals from different countries. Not impossible to be tracked and discovered by skilled intelligence agencies anyway.

i think bitcoin would be a good solution

Yes, it's terrible if Bitcoin is used for crimes like those used by terrorists because of their need to commit crime. But in this case there are 2 elements that continue to coexist, namely positive and negative elements. So if we use Bitcoin with positive things, then it's very good. And if it is used to kill people like terrorists then that is a negative element. Because it cannot be avoided, Bitcoin was born in the world of the Internet and is anonymous that can be accessed by anyone.

If those countries choose to ba fiat, do you not think these terrorist wont rely on the next best thing that allows them anonymous transactions? If they get the chance, they will probably rely on crypto as well due to its anonymity. On the other hand, if they start using cryptocurrencies and the word gets out, then it might drive people away from joining the crypto world.

Come on dude, it's a secret that everyone knows, that's why many governments forbid the use of bitcoin because transactions are untraceable, making it difficult to investigate many problems like terrorists or money laundering? I'm not vilifying bitcoin but that's the fact, but whatever it is, I still use bitcoin

What a stupidity noob,you don’t even read the topic and making your comment here

OP is pointing that the terrorist are harder to accessing cryptocurrency becauseof their lack of tools,and seeing this post means that the negativity regarding cryptocurrency are being abused and used by terrorist group is lessen,though theres some conflict because they are technologically capable of everything just to finance and support their illegal activities

a tablespoon lying on the dining table can be used by terrorists let's ban spoons. this also applies to bitcoin, which cannot be an instrument of terrorism.  this is just a tool for mutual settlements of any people, similar to Fiat.

Yes, Crypto is a poor form of money for terrorists. Terrorists purchase their all items in cash. The reason that why don't they transact online is that they are purchasing illegal items such as arms , bombs and various types of guns. Crypto is totally online , so they can't afford to transact online.
Secondly most of the terrorist are from rural areas, and those areas are not having better internet connections.

Of course, Bitcoin and cryptocurrency can be used and not for peaceful purposes, but from this one can’t go anywhere the dollar and other currencies are also used by different people and groups, the dollar doesn’t forbid why

its answer is actually both yes and no.

yes- Because the reason you mentioned

no- terrorist are not always of single or belong to just a certain group ,sometimes large corporations ,governments are involved ,then it can be used to trade illegal activites because they have power to do so too,anonymity of it also helps

People are worried that cryptocurrencies may be used for terrorist activities, but terrorists have failed many bitcoin financing attempts, and cash is still much more useful for terrorists. However, despite the fact that terrorist organizations may not have achieved much success in cryptocurrency, there are reports that several white supremacist groups around the world are gaining success in encryption fundraising and payment.

i think terrorist use bitcoin when they want to transfer the big amount into other organization that has a long distance from them, as I know they still use the fiat currency, not only bitcoin. be careful

It's interesting to see that crypto is not being utilized by terrorists.

I'm consistently surprised by how incompetent terrorists are. We'd all like to imagine that we're facing a silent threat of genius level people devoted to their religion and to the death of their enemies using every tool effectively to get to us.

But as it turns out, it's mostly just dumb people that don't represent a credible threat to anyone but themselves and their own countries. No wonder they are failing to use crypto.


Also, we have to be careful not to needlessly concede that terrorists using bitcoin is somehow a good argument against bitcoin. The same shit was said about the Internet when everyone in their media and the brain-dead followers were saying that the Internet is just a fad.

Crypto currency is useful for every one and most of the people who knows blockchain technology they can use bitcoin and crypto but it is very difficult for the terrorist to understand crypto and it is not easy to withdraw huge amounts of crypto for terrorists.

Although a few people use crypto for illegal activities,  it is exaggerated by governments to make people keep away from crypto. I think, cash (espesially USD) is mostly used for the criminal activities. Because they can be tracked if they use crypto.

Yes, this is all bad, of course, but it seems to me that all this talk about the fact that it is impossible to track down people who transferred cryptocurrency and about its anonymity is a complete nonsense. if you wish, all this can be done easily

I think that is not entirely true, because there are so many terrorists in my country who were arrested around people's homes and urban areas, they disguised themselves as ordinary civilians, they also assembled bombs in that place. And access to the internet and technology is also wide open, don't think that terrorists only inhabit at desert areas, forests and hills. they are around us, beware!

true but that still doesn't make bitcoin the best form of money they can use. and this topic's discussion is exactly about that. despite what the media wants to convince you about, bitcoin is not used by terrorists because of the traceablity and other problems that it will cause whereas using something like US dollar which is accepted everywhere and is anonymous is a lot easier.

Cryptocurrencies are suitable for any type of activity and can be used by altruists for charitable missions or criminals to commit crimes. Dollars are also used by everyone, but this does not make them a harmful means of payment that should be prohibited. Yes, maybe it will negatively affect crypto, but I believe that this will never become a critical problem due to which people will become afraid of cryptocurrencies.

It’s true that using a dollar is much easier and transferring money from one person to another is not recorded anywhere and is not recorded, which cannot be said about Bitcoin, in which all transactions are recorded in the blockchain and saved there forever. Therefore, I believe that this is just another search for non-existent cons of cryptocurrencies.

i think it's only true a apart, the bitcoin is use by crime to money laundering or by something that can not buy by money. Now i think bitcoin mostly use to trading or exchange, or holding to wait and earn more profit .

I do not understand where the opinion came from that bitcoin is a currency for terrorists and scammers. They are quite successful in using dollars and other conventional currencies.

It seems to me that it is much easier for criminals to use ordinary national money than to use bitcoin. Therefore, I think it is wrong to link cryptocurrency and criminals. It really spoils the image of bitcoin.

Let's be clear and painfully honest. Terrorists are a small niche among criminals. How many real terrorist attacks are there around the world? 2 Per year? What about Breivik? He was acting like a terrorist but he didn't use Bitcoin or any other money transfer method. He organized everything himself? What about that muslim who stole a truck and drove it into a crowd in Germany? He didn't need money.
Terrorists don't need to be able to send money anonymously to be able to perform their acts.

These terrorism pertains to hackers who been doing their acts since bitcoin started, and I guess their motives is to steal people's money. It comes in any form of terrorism, but what we're in focus here right now was their actions towards crypto. They did use this crypto for their personal intentions, but their main purpose it to attack the crypto economy. If they do that they'll be trace because every crypto exchange will be course through banks.

All Bitcoin transactions are very easy to track, so its use for criminal purposes is not a very smart task. There are more anonymous cryptocurrencies, but still there are traces when using them.

Crypto is not suitable for jihadists who are fighting in the battlefield. but I think crypto is suitable for terrorists who master technology, a terrorist of hackers, like anonymous.

in my opinion, jihadists also have members who have master technology, even for the crypto world.

but, globally, jihadists get weapons by snatching from enemies.

I think you are getting wrong, Jihadist and Terrorist are both same. Both have the motive to control the world and rule on their terms and conditions and for their transactions they are using crypto currency. But it is not that they only use cryptocurrency but even they are using precious metals to trade against weapons purchasing. So we cannot blame alone on cryptocurrency for its usage in illegal activities

Yeah they do deal with cash and it is in USD. ;D
Are you even sure that they are the terrorist and not the US government? ;D
You might want to look at that deeper.

About the crypto thing as a poor means for them. Actually it is the vice versa of it.
It could be the best way to transact without even knowing who the buyer is. Creepy. It may be the US who will buy it for them so that war wont stoo and cash will be coming continously.

cryptocurrency is barely a decade, and terrorism is an old as mankind itself, so cryptocurrency shouldn't be viewed as a means of financing terrorism because even before the emergence of cryptocurrency, terrorism has already been financed globally.

hmm, at the first time I think they use bitcoin and cryptocurrencies to send and receive the fund, because I think its not trackable and anonymous so the terrorist and bad people can use this for their main currency, they can send the fund across the country in fast and low fee than other platform,

yes i agree with this statement. since bitcoin is not a ready on cash to buy some stuffs, terrorist cannot be attached with cryptocurrency and they cant use it either. however if they use it as for online payments maybe they can use it, but not to buy some stuffs for their activity.

This is the main drawback of Bitcoin. I agree that state regulation is necessary. We ourselves give opportunities to be invisible to scammers and criminals.

monero for example is used a lot in illegal transactions, but the entire criminality business in the world is still of course ran by fiat money. crypto leaves people in control of their own money, as should be..

Even without bitcoin, terrorists still get funded by other means. Cool hard cash is always the best way for bad guys to transfer money without government notice.
Bitcoin does not provide another layer of anonymous protection, because once investigators know your account, they can always get back all transaction history via blockexplorer.
I think the biggest reason why bad guys use bitcoin / or any cryptocurrencies is that the coins never collapse and allow cross-country network transfer. This unfortunately is the very reason why bitcoin is better than any other currencies.
It is not that bitcoin is helping the bad guys, it is just bitcoin system better serves their needs than USD.
What we should really consider is how to do anti-money laundering on bitcoin without harming its nature of decentralization. But that's really very hard.

Cryptocurrency users are the largest in the United States, and if I digest your statement, cryptocurrency is the currency used by terrorists to buy goods, then why are you cornering Muslims, and you don't discuss why US has many cryptocurrency users, and why is bitcoin born from Japan?
if the cryptocurrency is really used by terrorists, it means that the country with the largest volume of transactions is likely to have terrorists who are transacting too

As we all know that crypto is digitalized market it is true that the terrorist never makes their purchase with cryptocurrency because everything is online based so it is not help them and the security of crypto world is far better than real currency market.

actually the government regulation is needed, in order to maintain security in bitcoin transactions. the problem is that there are some bitcoin users who are evil and some are not. so sometimes those who do evil are very detrimental to many bitcoin users. especially if there are terrorists.

It is alleged that most criminal activities such as money laundering, drug trafficking, terror sponsorship are carried out using cryptocurrency.
I understand this is so because it makes it convenient and easy, considering the fact that the funds will never be traced to them.

Enough of the comparison of crypto to terrorist activities. These kind of activities existed before the creation and the use of physical fiat. People needs to understand before spreading speculations about things they have little knowledge about. If you don't believe in the ideas behind cryptocurrency why join the community? I'm sick and tired of this kind of false speculations.

If the USA have no control on the the people who uses cryptosmandatory what they are being used for, I think they would have banned it already without giving a second thought about its benefits,  that's why regulations are in place to curb the use of cryptocurrencies for terrorist activities.

A poor is just a little exaggerated from the author. It's simply that they have no use of it. They make money with dollars and have dollars to use. Why should they bother to convert it. The same for you if you are paid in dollars. Why should you convert it to the SecondLife currency if you have no use of it (no merchants use it, no bill can be paid with,...). I can also take as an example, Zimbabwe dollars, oil, aluminum,...

some terrorists do have to use cash for their transactions. but it is not impossible with crypto anonymity, they will switch to crypto to make transactions.

But they can use their money to invest in cryptocurrency using other people. They can hire a man or a woman with a great knowledge in blockchain technology. Remember terorrist are being funded by someone who is being greedy just to get more money.

They can buy more computers and hire elite hackers for crypto currency. Uses poor people in exchange of their money to work for them. They can adopt technology because of money they have. But it depends on them because cryptocurrency can be easily traced and can monitor them if it is use for illegal transactions.

I think this is the main reason why the government rejects bitcoin because they are worried about the misuse of bitcoin being used in crime and terrorism

In lieu with the fiat currencies, terrorist can easily purchase weapons without them carrying bag full of cash and in danger of being caught up. This is what the reason why some countries like France declared a total ban of cryptos to offset terrorism activities and will somehow enforce their country's security against it.

In the past, there were isolated incidents of terrorists trying to get funding in the form of crypto. But things didn't worked out for them, as the intelligence agencies arrested those who were behind this. And then, obviously there are logistical issues such as obtaining weapons and equipment in exchange of BTC.

I think mainly rogue regimes like NORTH KOREA are really into the crypto currency and Bitcoin farming through hacking and stealing from exchanges etc. Other kinds of smaller terrorist organizations probably do not have where to spend the currency in their home countries which have poor infrastructures in this field. I think once more and more countries adopt blockchain and can move around money freely through these crypto currencies and Bitcoin, then maybe some terrorists will decide to use Bitcoin for illegal purposes. I still think for now though that it is less likely.

I have heard this issue, he said these terrorists use cryptocurrency for funding and are used for transactions between countries because the cryptocurrency can be sent from anywhere without the government being able to control and when making withdrawals I am sure they will use a clean identity or also want to use fake identity to give the effect of administrators at the exchange place so that they can withdraw funds.

The statistic says that less than 1-2% of these terrorists use the cryptocurrencies. That is why no one can refuse from using the cryptos as they are not for the criminal purposes only.

There are no proper and solid evidence to prove that today terrorist organizations are using cryptocurrencies to do there dirty work and even with or without cryptocurencies they will be doing the same cruel things but this topic was often discussed due to the decentralized nature of bitcoin and other digital assets because unlike fiat transactions no governments or centralized organization can track there transactions to confiscate black money 

Of course most individuals and groups in government and other organizations point out that crypto can aid terrorism by allowing them to hide there money using the blockchain network and bitcoin and other crypto wallets but majority of criminal organizations are using fiat money without any problem at the moment and governments has failed to stop them permanently so I don't see any fact why crypto should be blamed regarding this matter

terrorism is a different problem, terrorism was born decades ago, there is no significant correlation between the growth of terrorism and bitcoin.

It is wrong that the terrorists were still hideout in the sand deserts because everything changed now a lot the people who at the higher official may also be a terrorist they are everywhere now so just leave those idiotic comparision but alo they have lot of high secured accounts in digital money as well which is controlled by them with the name of others so they don't really need bitcoin too.

We all are familiar with millions of advantages of bitcoin and we all are even getting benefited by bitcoin and now according to current statistics there are millions of people around the world who are investing into bitcoin but we all know this that with all great advantages there also comes some disadvantages and being decentralised is its biggest disadvantage that there is no such proper authentic regulating body over the bitcoin and thus leading to its illegal use like in selling drugs, explosives, money laundering etc.

Terrorists has been in operation long before the existence of cryptocurrency, therefore government cannot term crypto as an aid to terrorist organization, I feel it is because of the privacy of transaction with cryptocurreny as Government agency do not have access to the flow of digital currency reason why they term it as an illegal currency.

any cash is easier to use than cryptocurrencies. cryptocurrency will still have to be exchanged for cash to buy something, when it is much easier to transfer ordinary paper money and use them in illegal activities.

No, though cash have been always used for crimes, that's not easy when we are talking about big amounts of money. Using bitcoin is much easier.

This is very worrying because this system is anonymously used by anyone, even a terrorist for payment on the black market

but now every exchange that provides fiat pair requires users to do KYC
so this will help the government to monitor users
and also they have to sell their bitcoin to fiat first before they can buy various weapons, this takes longer than they get funds with fiat money
that's why bitcoin is not suitable for terrorists

A cryptocurrency is an option for illegal transactions in this world. But this does not mean that it makes the world worse. The use of FIAT for illegal sales is still taking place every day, and you can not say all because of Crypto.

And that's why governments don't want bitcoin to become a payment system. If bitcoin is used as a payment system, people don't need to change their bitcoin to fiat first.

But most of the terrorists are very active in technology. Cryptocurrency is very safe for them use in every transaction  because it's unable to trace any of their records. It's easy for them to purchase illegal product from black market. If you think that they don't use it then you're wrong because not all terrorists are living in the cave like area.

If you have been reading all sort of negative things about bitcoin, you could easily assume that bitcoin is most prominently used in terrorism financing and money laundry. I didn't once believe those negative news. This development is an eye opener.

I still don't know why some people are so attached to this perception that bitcoin is mainly used to support terrorism. Before anybody can use bitcoin for transactions, the person must have at least, a little background knowledge about the blockchain technology buh any body can use fiat wherever he or she finds herself. So using the fiat is rather simple

for them crypto is totally useless. they are not oil that power their machines, not weapon that can kill, or food that can feed mouth. using crypto expose them more to US attack.

I think we need to look at this issue of bitcoin being used by the terrorist to fund their activities. This has been the accusation being used by the hater of bitcoin to campaign against the coin. We can now see that the terrorist can not afford the technical inputs needed to turn bitcoin to fiat or converting fiat to bitcoin. The enemy of bitcoin has been using this to attack and discredit bitcoin.

Terrorists use crypto as a medium to send and receive money safely. They take advantage of the anonymouse nature of crypto.
That way, the financial transactions they carry out will have a very good level of security.
there is a negative side and there is also a positive side, it is natural because crypto is a phenomenal thing at the moment.

Of course (for terrorist) using cash is just safer and easier than using bitcoin, which can be easily traced and has a publicly available ledger of all transactions. You mention in your OP that they might ban cash - what? How can bank cash, if the terrorist can exchange US dollars or Euro. Will they ban them too?

Cryptocurrency is not what you think it is and will definitely not be the link for terrorism , and islam is a religion of peace and saying jihad doesn't mean the terrorist is mainly Muslim as you can really say or identify any one to be a terrorist so why believe is Muslim thing as we all know that their country are more peaceful .
So cash has always been the tools used before now and if they can not trace that with open ledger transaction so there is no point saying some are using Bitcoin to buy or sponsor terrorist.

In at that the use of cryptocurrency by men of the underworld is still very high and only the terrorist in the core desert where there is no internet connection will not be able to have access to bitcoin but they can still have they agent in the network area to carry out all they transactions for them. In fact their are the most users of cryptocurrency due to it decentralized nature and how it transactions will not be monitor.

I don't think that crypto is also used by terrorists, indeed terrorists have many networks but don't think that far. Crypto is still a good tool for developing well so that it can be used by anyone who can use it.

The use of FIAT for illegal transactions is still taking place daily among criminals, without any preventive measures. Therefore, using Bitcoin for these transactions only reduces the risk, but it is also difficult to control. Whatever the choice, the illegal activities continue.

Maybe there are some people love to use bitcoin for illegal activities it doesn't mean bitcoin is responsible for that. Bad guys also can use fiat currency for an illegal purpose.this is one the reason for banning bitcoin in many countries but in reality, bitcoin is the source for making development.

this is a vicious circle that cannot be solved instantly with only one very basic rule because there are always gaps that can be manipulated in such a way, the Government is also aware that fiat cannot be 100% monitored, and bitcoin adds to the situation becomes more complicated.

But if regulations continue to be developed, there will always be an MoU from every important meeting like G20 etc, to be harder in suppressing illegality that occurs, at least this is better than nothing.

I suppose I did not catch anyone by the hand. In essence, this news is not supported by anything. Maybe someone uses cryptocurrency for not good purposes, but mostly Bitcoin attracts good people, with good intentions.

Where did you get this information?Personally, I have not seen in any source about the use of cryptocurrency by terrorists.I agree that in crypto there are as many good and many bad people.But if it is as you say then in this case I want the regulation of cryptocurrencies to happen.So that no one had a desire to use cryptocurrency in bad things.Spreading such news, many potential users of the cryptocurrency will simply refuse to use it.

What made you say that?
https://www.washingtontimes.com/news/2018/nov/5/elimination-isis-could-take-years-pentagon-inspect/
Have you read about the article above and what do you think? ISIS cells and networks are very wide and they are supported by sympathizers of the extremist organization before.
Don't always identify Muslim countries with poor countries or people who only care about money, many Muslims also pay attention to this because it’s a parasite that grows and multiplies in their groups, and think how ISIS can upload videos and photos of their actions if they have difficulty accessing the internet? Because ISIS sympa (http://yubster.com)thizers are widespread, open your eyes.

Use of crypto currencies by terrorists and other criminals due to anonymous factors. Though terrorists get funds from anywhere, including fiat money by using banking services throughout the world. So it cannot be interpreted that bitcoin is bad, or bitcoin is full of criminals. Because all are part of financial transactions, where good and bad become one.

That was totally true. People in underground world or in black market often misused the bitcoin or other cryptocurrency that is why it becomes a poor currency for them. They can use it freely because no one has a control in it not even the governments. The terrorist or other criminal people prefer to use it in transactions for a reason that as what other says it is untraceable. Because of that, government have a hard time legalizing it due to it can be a way for the illegal things.

Crypto is in no way more dangerous than any other currency or asset. Everything else is tales for the public.

Besides, on the blockchain everything is documented. So surely they can be traced? That's what I would have initially thought. I would have thought crypto currency would be a bane, rather than a boon, for terrorism.

Terrorists have existed and developed before the existence of crypto, and they are generally involved in buying goods for their activities using fiat money. I think it is true that crypto is a form of money that is bad for terrorists, because not all goods that are their main needs can be purchased using crypto, and the existence of crypto does not benefit terrorists, but benefits those who make money laundering, crypto must protect himself from the presence of individuals who tried illegal activities such as money laundering using crypto.

I agree, Crypto is a form of money that is bad for terrorists. I, we terrorists use fiat currency, although many say that it is used for terrorist funding, and I am a hoax, such news is deliberately made to drop bitcoin

Terrorists do not always use crypto money to finance their activities, because of terrorist financial sources from various sources. One of them is interbank transfers disguised in business transactions using accounts of companies that have legal businesses. Or manage a company where profits are obtained for terrorist operations. Crypto money is only one of them.

yes, of course because the terrorists only prioritize cash do not need crypto money because the crypto money can only be accessed by users except the hackers who really understand how to process cryto money which really needs to be exchanged in advance.

Inter-country bitcoin transactions will never succeed in their country, but I think terrorists get the units they want from a structured process, they only get their will in the form of actual goods, while there are active funders who have branches in other countries as a liaison , and funders are people who use real bitcoin. so their system runs so complicated because it is not direct between countries and between buyers and sellers.

I agree in part with your assertion here.
Terrorists sponsors seem to be more at home with using cryptocurrency in carrying out the activities.
With cryptocurrency they can wire a large sum of money away from the prying eye of the government.
Although those of them that carry out the attacks may not familiar with cryptocurrency but their coordinators prefer cryptocurrency because of the leverage it gives them and the anonymity too.

It is not used mainly for terrorist, they use any form and sorts of currency just to get money. Unfortunately it cannot be stopped and cannot be controlled. Crypto is not made for them it is just we nobody can handle them in any type of market

In fact, bitcoin and other cryptos need network access to be used, which would be extremely dangerous for extremists since they can be traced easily, even if most cryptos are anonymous, equally, cash is always better and safer for them, so those excuses of terrorist financing are absurd.

I doubt terrorists are interested in crypto. The price of it so unstable and unpredictable that they would be in a high risk of loosing their money.

Give proof and you have the right to talk that bitcoin has been used for terrorist activities, if there is no evidence then you only brag.

well, basically this can make a loss for anyone who uses it. I am sure, they also need certain things, and still use Fiat to transact. but I'm sure, some organizations like that also use crypto to make transactions. well, we know that crypto transactions are quite difficult to track.

i think that too, because surely they will experience some losses and they don't want it to happen.

but there have been several articles that state that terrorists also use crypto as a transaction tool because they don't want to be tracked and using crypto is the most appropriate for that. i don't know the news is true or not, until now no one can prove it.

the development of technology is indeed very influential and in my opinion the development of technology is good and bad the results depend on the intention and purpose of the user because of course there is no limit and the bond is free to do

Although there would be a case scenario that terrorist uses cryptocurrency for their transactions but most of the time its the fiat currencies they used to. Cryptocurrency now is broad and widely influencial thus it has an advantage and disadvantage. One of the disadvantage is that it can be use for transactions by the terrorist. That's why some of the country are not allowing bitcoins and crypto currencies.

Yes, crypto is not suitable for terrorists who in fact they prefer fiat. But also thinking of the people behind the sausages who funded these terrorists, they could also use Crypto as their business.

There is no actuall proof that terrorists are not using Bitcoin or any other cryptocurrencies. From few news and articles there were some information that they tried to abuse Bitcoin debit cards for their activities.
But I guess crypto is still not enough convenient for their financing, takes too much time and risk and it's not so reliable as fiat money. I guess that some weapon dealers wouldn't be so happy with payments in Bitcoin.
But that doesn't mean there is no danger from terrorist abuse of cryptocurrencies and we have to be aware of that.

If it's true that cryptocurrency's used by terrorists, when do they transact?, and why does a large amount of media only write $?. It means that clearly, $ still dominates the number of transactions that they do.
Please don't align the Islamic state into this problem, because it's not only Islamic countries that use crypto.

At this time very few people around the world know crypto currency. Which is the reason. So far many countries have not adopted crypto currency. From which this money could not have become as famous as it should have been. So, there is no value of this currency for terrorists also.

Terrorists also hire financial experts and they have a pool of all kinds of technical people so i surmise that  cryptos are not poor form of money for terrorists for like other ordinary people, they also invest on cryptos and use them in their budinese transactions.

Who would say, terrorists in the mountains do not have access to the net, or at least not to those they would need to raise sufficient funds, in fact, there is a news about a terrorist group making a kind of gofundme, supposedly did not go well at all.  ???

Saying that terrorist do not computers or access to technology is one sided statements. They also have students joining who are aware of all this.

Perhaps one of the reasons some countries prohibit the use of bitcoin is security issues.  One can only guess how criminals could use the technology. 

Crime and terrorism can only be reduced to the bearest minimum but can not be eradicated this has been existing for a very long time so if they use crypto as a means for making transactions then nothing can be done about it let me how about fiat ? that too is also used by criminals

The price of bitcoin is not stable and unpredictable, if the terrorists are using the coin in this time of sharp price decline, they might be losing instead of gaining. I think the fiat is more convenient to them because it is more stable and widely used than the cryptocurrencies. While it is true that bitcoin transactions are quick and anonymous, they might having a problem with its high volatility, rapid fluctuations and the converting of cryptocurrency into cash.

as far as I know, bitcoin has always been the main difference in a country because it has good benefits for illegal transactions, and of course it all deals with terrorists. well, if they do use it, I think it will hurt them, especially if they hold it in the long run.

if in my opinion. if you see the price of cryiptocurrency is always down. so that it will have a negative impact on the terrorists, bro. because they need capital to launch all their actions. so they will experience a lot of losses if they invest in cryiptocurrency

The number of these articles is a drop in the ocean of the information about billions of dollars spent by terrorists to get guns and drugs. The percentage of BTC used for these aims is very small.

This topic about cryptocurrency been a tool in the hands of terrorist or bad individual has become persistent and it's so annoying because it's just criticism even other currency are also used by these evil doers so why is cryptocurrency much of a topic

This is possible and its making the crypto currency image to become bad and ugly but if the fiat money can be used directly to buy terrorist goods then also the crypto too as they are both currencies but only not the same form but the good thing is that the crypto currencies are now well regulated therefore this act of terror or threat are now limited.

In some ways it may be a poor means of exchange for the terrorist but also they can easily move money with crypto without having to use their bank or getting implicated in any way.

It's true they can't buy useful necessary items with Cryptocurrency.

I don't think crypto is just a tool for terrorists. I would rather all terrorists don't know crypto, which may have a bad reputation for crypto and affect it to further promote the world.
Terrorism should not be associated with crypto.

Even if crypto is a decentralized digital currency but ,we can not say that it is a poor form of money for terrorism , because crypto is not an exclusive kind of currency, everybody can own any kind of cryptos ,even the syndicate and crime groups can use it ,especially that the account name is anonymous , so all or everybody has the oppurtunity to own a crypto.

Maybe because their marketing is not right and their target market is not ready to accept it, maybe it’s not the time yet and it’s not impossible that someday it will be wetla (http://renovasi-rumah.net)nds for them to remember the anonymity potential of some cryptocurrencies. Maybe now we will laugh at them but someday they will laugh at us, to people who don't agree with them. Basically omission is a gap for bad things.

In 2008 when Satoshi created Bitcoin/ Cryptocurrency, I believe he never intended I usage to be abused the way it's being abused in recent times. Yes. I agree that the annonymous structure of the blockchain makes it easy for some elements to carry out criminal activities using it.

This is unreasonable slander. Yes, Bitcoin gives freedom and anonymity. But this means that it is something bad. Bitcoin and the blockchain system is still evolving. I think that they will come up with something against illegal actions in order to prevent this. If you talk like that, then the terrorists can breathe air, do we now ban air from all people?

how can they do such a thing, isn't that what is called a great tactic, they can get $ 500 only in the first period, maybe they have workers who are very experienced in the field of cryptocurrency

It can be called by some that crypto is a poor form of money for terrorists, but to cryptoholders they condidered cryptos , as investments and hidden assets, but for terrorist they can use any form of currency, like fiat ,dollars or any what they want just lije cryptocurrency.

It’s ridiculous to accuse cryptocurrency for being used by terrorists. The technology can’t be intentionally good or bad. Whoever use it is responsible for how they do it. Cryptocurrencies are still in their infancy, while terrorism has been using fiats for a long time. Anything could be used for bad purposes.

Depending on the person who uses it for its purposes, both crypto and fiat can be used to fund terrorist activities, so crypto does not have to be seen as a negative thing.

No way, how do terrorists know Bitcoin?
I think terrorists don't have time to play bitcoin, and it seems they prefer to do transactions with real money, not using bitcoin.
What I know is that terrorists usually carry out robberies. They are heavyweight criminals.
If true terrorists have made transactions using bitcoin as their transaction to buy weapons, that means we all have to be vigilant, that terrorists on the network are already roaming.

Well it could be true since crypto is decentralized and so easy to use ,
And let's not forget the most useful for them the anonymity of the crypto users,
They could easily use it for whatever they want.

Thats why some human beings  consider crypto used for unlawful transactions due to this sort of news. Todays generations us digital and a number of the transactions via computer systems however therefore there are a few who does not realize the way to use computer systems like jihadists. If they dont have any know-how the use of it they'll now not use it successfully.

it is funny how somw country said that bitcoin is evil because "terroist use it" and... before bitcoin they didnt use money?xD seriously xD

I am not surprised that they are trying to negatively influence Bitcoin. Negative news can influence chicken to move the price to the place where they need it.

It is necessary to decide whether cyber terrorists or traditional terrorists are being discussed. Traditional terrorists will definitely cash money through ordinary banks and they definitely don’t need the blockchain transparency technology. Cyber terrorists are more educated and can harm the blockchain technology itself. It is much more dangerous.

Once it was described as the transaction asset for terrorists. Media too portrayed the same,while some mentioned it as an asset for gambling. Who understood better in the early days about cryptocurrency has made good benefits out of it. Now this has been serving as the top rated investment.