Bitcoin Forum

Considering that there are still many terrorist groups or insurgents groups around the world right now fighting with weapons that probably cost a lot. Do you guys think that they use cryptocurrencies in order to fund their armies or do they stick with trading with cash or trading valuable resources that they have?
   
I would not be surprised if they do trade with cryptocurrency considering that cryptocurrencies are really hard to trace compared to the conventional means of trading such as cash or valuable resources. Unless their funders don’t really accept cryptocurrency and they stick with the older methods of payment.
   
By the way, just to make it clear. I am not in any way planning to make a terrorist group or insurgency, I am just asking out of curiosity as I can see that those terrorist groups or insurgencies in the news must get their funding from somewhere and I was wondering what means do they use to trade for their equipment.

Have you ever browsed the darknet?Almost all the darknet marketplaces accept bitcoin and altcoins(mostly monero) payments.Criminals use those marketplaces to sell drugs,weapons,counterfeit money,stolen personal info,etc.I don't know about terrorists.I've never met a terrorist in my life,but it's really possible for such groups to fund their activity or buy weapons using cryptocurrency.

Of course they use it to gain some funds.
Terrorist groups would use anything just to gain funds for their operation and crypto has been popular to darknet before it even become popular in the surface web,
That is also a reason why people thinks that Bitcoin is a dirty money because it is used by the criminals for buying and selling in the black market.

There is no doubt that crypto are a suitable candidate for terrorist financing for the terrorist organisations due to their various features. Given the low acceptance rate and volatility of the crypto, I doubt it would be wise for them to be using crypto as a main source of their financing. It would still be more viable for the terrorist organisations to trade their resources to fund their operations.

The exchange have AML and KYC policies which could help to mitigate the chances of people purchasing Bitcoin specifically just to donate to the terrorist organisation. It would be unwise and inefficient to use Bitcoin as the main donation platform.

Lol! I love your self declaration in the last paragraph! Thanks for letting us know that you aren't planning to start your own terrorist group!

Anyway, we don't know if the terrorists are using cryptos for their funding or not because there's no way for us to know it! But definitely a chance is there and that's what is a big concern for the regulatory bodies worldwide and it's not a mere speculation! Money laundering and terrorism financing are two major risk areas that regulatory bodies are trying to mitigate before agreeing on a global crypto regulatory framework. FATF is actively working on this and they have also presented a guideline to the world leader in the last G20 summit in Osaka!

We, as commoners, certainly think that cryptos must not be used for illegal means because it will only earn bad reputation for cryptocurrencies. We want it clean and pure so that we can it as blessings and not as condemnation!

Hope it makes sense!

Well i'm sure that it's being used. What better way to deal anonymously with governments and powerful people than with crypto. I mean, it should already be a given that with crypto's features, it more than likely that it'll be suitable for illegal transactions. That's one of the reasons as well why sone governments and a lot of people are against or cautious about the widespread use of it.

Recently I heard news in local media that police catch some drug dealers in my country.
From what I heard,  they bought drugs in the dark web with btc.
So,  if drug dealers use crypto for their activities I'm sure terorist do the same.
Any way it's very practical way for them because they can hide their true indentity and police can't discover such transactions.
Some terrorist organizations know very well how to use Internet for their purpose,  specially social networks.

Many of us in here would think the same. it was yes because the anonymity is always cryptos main periodicity which terrorist will use as a payment for they to sell and buy something bad trough the internet. That why the government doesnt really like cryptos as they cannot track the payment from where or gone to where. Still it just our speculation to deny it or to accept the truth.

I'm not a terrorist so I don't know how they receive payment, there may be some who accept payments by crypto, terrorist perpetrators are not just anyone, they have a way so that their transactions cannot be traced even if they don't use crypto, terrorists existed before crypto was made.
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Terrorist movement is very difficult to trace especially that most of the terrorist were funded by the government officials or to its opposition.

But if they have means of cashing out and cashing in the crypto currencies then they will surely use it as the government has difficulty in tracing the crypto transactions.

Literally every store in the darknet, whether it sells drugs, guns, hacking services, or sex services, all accept bitcoin, and prefer using bitcoin compared to other fiat options. So there is no doubt in my mind, that bitcoin and other crypto-currencies (I'm thinking about XMR, DASH, GRIN, privacy-oriented coins) are often used to fund terrorism.

Although, the lack of interest in privacy-oriented coins is a bit confusing, since I've always thought they are made for these things, but I guess they just aren't very convenient to use, and don't have as a big of a market as BTC.

Bitcoin is also, usually purchased from OTC trades (think old LBC, paxful, etc), and is usually bought in real life cash trades.

They could use it, not only bitcoin but in fact litecoin is the second most use crypto currency in transacting in the dark and deep web. Obviously, these guys learned litecoin have cheaper transaction fee yet much faster.

Nah, for sure they'll find a way to learn this crypto. More likely a mandatory for them.

Thanks for repeating the same thing that I posted before you on this thread.
Keep it up with sig spamming the forum.

Even if the terrorist groups start using any virtual currency you cannot do anything about it, but the advantage is that if they are using bitcoin then every transaction can be tracked as all the transaction are public and it would be foolish for them to transact through that because fiat is the best option they are using because you can hide those trails  :D.

Its pretty doing well for them with fiat though. Its hassle and worry free and can be spent without connecting the internet. The would rather be disconnecting to the net if they were that pro since the government can really tap everything as long as they connect to a cell site. If CIA is going to watch out for these guys, they'd be checking who else connects to internet in the middle of a jungle or in the vast desert.  But with fiat, they roam around the cities untraceable and no scam.

Today we monitor transactions even just the 100BTC, we are already looking into it and where it goes.

The focus must be on their funders.. . They are most likely wealthy people. I have heard stories of terrorist groups dropping weapons and cash through helicopters. Villagers have testified seeing helicopters dropping weapons but people hardly take their stories seriously. No research/investigation (especially independent research) done to verify the claims. The media hardly even take the claims seriously.

In my opinion, one of the most effective ways to reduce terrorism, is by encouraging the citizens to install thousands or even millions of surveillance cameras by themselves in their communities to expose evil activities that take  place at night, in secret places and in hidden areas like forest etc

I would not doubt that terrorists use cryptocurrencies aswell but you don't fight them by tightening control on this useful tools. I'd rather fight them together with the community and the hard working security agencies . That is, through self-regulation of the whole crypto community by the people, more empowerment of the community, more decentralization, more transparency, more anonymity, more immutablity, more trustlessness, more permissionless

I never see what actually terrorist group do. But before bitcoin was found, i think fiat is their payment. And bitcoin as digital currency, i think will be used too. For me not means all of them use bitcoin but as long it is structured, with fiat sometime people can't trace it too. If me, i will think if bitcoin is almost same like fiat, it can used as payment, it is neutral, it can be used by people both kind or bad people.

I believe all, if not most of all terrorist groups are funded purely on bitcoin, with them not even touching fiat, or other crypto-currencies. From the little arrests that have been made on the founders of several groups, it seems like they only used BTC for their operations.

Also, the dark-net works purely off BTC, so that makes their lives a lot easier, and buying guns and other weapons is almost risk-free.

In order to combat these issues, more groundwork needs to happen - I reckon the authorities are too focused on "breaking BTC" and being able to track every transaction when this would be easily feasible with cash as well, and the other side of terrorism needs to be focused on.

Or... Just stalk all your citizens.

well there are two things: receiving funds and spending funds.
to spend the funds, sellers of what they need (weapons,etc) aren't accepting cryptocurrencies. they accept fiat. specially US dollar. so even if they had cryptocurrencies they would have a very hard time spending it and converting it to fiat is a lot of pain in the ass.
as for funding, those countries,... that fund terrorist groups have always used fiat. for example when US was funding bin Laden's terrorism they were paying them with billions of "dollars" in fiat directly or equipped them with weapons they needed.

Have you ever heard of the dark web or the deep web? The FBI raided the dark web because of the usage of bitcoin there. Terrorist groups can easily buy and sell things on the deep web using bitcoin or any other cryptocurrency. There are a lot of other websites for sure that host this kind of transaction they are just hidden.

This is one core problem with Bitcoin and other cryptocurrencies right from the start, it's the way it gives people ultimate financial freedom and anonimity over their purchases, which could also be beneficial, but negative at the same time, depending on who uses it.

This, combined with a diverse cultured people, could be a grounds to unrestricted trades with no such limit to what you can trade aside from people's imagination.

There are not many terrorist groups that has a global presence or reach. They are mostly localized and prefers to trade in fiat or goods as they lack active connection to internet and expertise to handle payments.
ISIS in it's prime was said to be accepting crypto as donations.

ISIS were nearly an operating nation with their own economy and military and had supporters from different nations worldwide. Crypto did fit their operations. There are no as vast and open terrorist organization in the world.
The greatest misuse of crypto comes from money launderers. As it becomes easier to send their money overseas without risk.

There are many things in this world that we don't know about, full of mystery. The dark web too. So, the opportunity to use cryptocurrency to fund terrorists and other illegal activities is very possible. Many things are unthinkable, right? rather than dizzy thinking about it, we better just use a good opportunity that we can reason and benefit, do not waste time.

I think yes, imo dark web which accept Bitcoin as a payment method is a perfect place for such transactions. Anonymity and impossibility of tracking payments are features terrorists use often. For them it's a perfect way to be undetected.

Possible in this time. perfect for them because government is not included on the crypto transaction. every transactions are monitored but we don't know to whom it belongs if we don't get their wallet addresses. so they choose crypto to make an easy transaction and  they can easily slip wherever they are in the world.

Dude, every tool can be used for beneficial and negative purposes. That is kind of the whole point of a tool, to make something easier for someone to do. How the person uses a tool is up to them. A hammer. A coin. Bitcoin.

But to be able to have that choice, is alone the huge difference that Bitcoin brought to money. Money, before Bitcoin, gave us very little choice.

I don't think terrorism have payment using bitcoin and altcoin, I think hard for them using bitcoin because have take KYC and verify document account each transaction, when pass KYC they can use bitcoin account, but how come they will use bitcoin as payment transaction when need internet for accessing to bitcoin account, they stay with place without internet I think.

There is many ways to convert crypto currency not only in exchange you can sell it peer to peer or sell it much cheaper rate people so you can have buyer easily. As simple as that, thats why its really possible for them to use crypto as mode of payment but we dont know what is running in thier mind even its possible they are the one who can decided if they want to use it or not.

If you are pertaining to the silicon valley, then that is already closed, we need to follow rules, and terrorist as well should. But since they are terrorist, I don't think they will, so, it is highly possible that their transaction to buy weaponry and tools for their plans of destruction could be possibly done through cryptocurrencies. But I doubt they cannot escape the law if they did. There's still a way how to track their wallet address and account and might further put them in a terrible place.

Of course, bitcoin is the easiest way for terrorists to get funding, And you can find it in the darknet where the selling of anything and the use of bitcoin and the Monero is huge because they are untraceable.

So this is common for terrorists to use bitcoin and other untraceable coin for faster transaction and no hassle exchange of weapons or anything else that terrorists need in their activities.

It could be that they use cryptocurrency in transactions. that is why governments in some countries do not legalize Bitcoin or cryptocurrency because of buying and selling prohibited goods using cryptocurrency. actually this is no new news, I guess. the perpetrators to using crypto in the transaction because, in reality, crypto has been misused by them.

Are there any terrorists yet? Last time I checked the largest terrorist organizations were defeated and reduced to the remains of the remains. Therefore, it is rather foolish to bring Bitcoin or other cryptocurrencies into terrorism, it is primarily funded by fiat (USA dollar and EUR).

One thing is also overlooked, in order to make crypto transactions you need internet, and most terrorists hide in caves, jungles, deserts where the internet is very limited or does not exist at all. Also, many terrorists were killed precisely because of the use of modern technology (tracked by mobile signal, GPS, IP address), so they still prefer cash and staying out of the grid.

Somehow I doubt terrorists use the darkweb to obtain their weapons.  I bet they can get them at much lower prices than the darkweb is probably selling them for--and I don't use Tor or the darkweb, so I wouldn't really know but I assume you're paying a premium on stuff there.  Terrorists and rebels and those sorts of groups tend to have weapons suppliers who are sympathetic with their cause.  Or I might have watched too many movies, because I'm thinking of Lord of War with Nicholas Cage.

Anyway, terrorists probably do use bitcoin for certain things but this is a non-issue IMO.  If I'm not mistaken, the media has reported on this as well as the fact that bitcoin has been used in all sorts of criminal activities.  But obviously cash is also used for the same things and probably a lot more frequently.  Bitcoin isn't completely anonymous and certainly not as anonymous as cash.  It bugs me that some people associate bitcoin with criminals.  That's the kind of thing that prompts regulatory legislation, so we all need to watch out for that crap.

I was browsing done before, there's a lot of insane and crazy things are able to sell in the big Darknet marketplaces, as you said like selling weapons, drugs, chemical and nuclear products as well as selling millions of hacked accounts. They only use bitcoin and some other altcoins like monero. I even saw the red rooms which it's a crazy shit that they're able to make lives while they're torturing people and that's so crazy and sick, they're just terrorist wants more money by killing ppl IN LIVE.

Basically, that's what they do in darkweb. Illegal transactions are also part of bitcoin since there's anonymity. It includes different kind of person and their illegal jobs like terrorism, drug-related, buying and selling of illegal things, and more. It's an advantage for them not to be traced and located by the government. That's why it is one of the reason why governments don't really trust decentralized cryptocurrency. They cannot control it.

Obviously terrorists are using bitcoin as their payment method. On darknet, bitcoin is using by terrorist. Bitcoin is much popular on black market.

Not only scammers are taking advantage of crypto but also hackers and terrorist, using crypto for their illegal transactions, and it is not new anymore to everyone, for sure we are all aware of it and that's the main reason why the government having hard time to make Bitcoin or crypto as legal tender because if they do seems like they give freedom for terrorist to do illegal activities.

I think they mostly use USD, and crypto only a small part of all their " transactions"

Generally I think that cryptocurrencies have got huge influence on a black market, terrorism, money laundering etc. Using crypto you are theoretically 'invisible', perfect way to transfer big amount of $$ quickly.

Yes, darknet or webnet is a fearsome den of transactions and will most likely be the safest channel for terrorist transactions for their funding so it's not easy to track.
and the existence of cryptocurrency or bitcoin will be used by terrorists to make transactions because it is easier and safer.

This is the dark side of Bitcoin and other cryptocurrencies but if I remember correctly there are some criminals that were caught because they forgot that blockchain transactions are traceable due to its transparency. Anyways, the authority is aware of this which is why they are doingsome actions to prevent Bitcoin to be used in criminal activities.

I don't think you can just say that crypto will be seen as something exclusive for terrorist activity. I'm still not convinced it is the best way to fund terrorism. I am sure there are much better ways. I think using cash would be the best way honestly. Crypto still leaves a trail behind and you if your plan is blow shit up then you certainly don't want your source of your equipment and materials to be found out. They will but what the need in an innocent way and bit by bit. You don't go putting a whole bomb together in a week. They will do it over months using many transactions and with that many transactions, someone might suspect something or trace it. If they just use cash or trade then nothing is left behind.

I agreewith the fact that it's easier for them to use crypto to buy weapons or something like that in the darknet. But before people started using crypto terrorists could use USD or other fiat. So, I don't like when people blame crypto as one of the ways which makes terrorists' live better.

That is the fact, all goods or tools will become instruments of crime depending on who uses them. It becomes more effective if it is increasingly difficult to trace and complicated. Being fun for criminals.
We should just take the positive side and ignore it. The important thing is we can use this for good, to support the family, investment, and other useful things.

it is possible not to be tracked just because the purpose is to raise funds for the continuation of larger activities, but other transactions are still possible to be carried out face to face related to weapons etc. and keep using fiat because the agreement must be clear for transactions involving the desired goods.

There is no evidence of a true issue in the public media about crypto and terrorists, but this assumption seems to have become common knowledge.

We should not assume too much about crypto being used by terrorists to support their crime. Because there isn't any yet strong
evidence against this accusation. As far as I know, crimes use cash money more than crypto. So as long as there is no evidence
related to this, you should not accuse nonsense. It is true that many hacker sites like darknet, make transactions illegal sales of
illegal drugs, weapons, pornography, etc. Using crypto for payment of its special coin monero (XMR). But for terrorists I have never
heard of it, hopefully crypto is not used for terrorist activities. Because if it is true it will increasingly create negative effects for
cryptocurrency.

Absolutely. These groups are using Bitcoin to launder money primarily and use it to make nefarious purchases. These groups do not have access to stable fiat currencies and are going to use the most anonymous method to make transactions and Bitcoin is by far the most convenient. I wouldn't be surprised to hear that most, if not all, their finances involve crypto's of some sort. On the note of anonymity, every single transaction of Bitcoin is relayed on the blockchain so it's not necessarily completely anonymous. Intelligence agencies are following these groups closely and it's not inconceivable that they are away of the Bitcoin addresses owned by these groups. If they know the Bitcoin address, they can trace every single transaction and view every transaction made from that address. That being said, it's a whole lot more anonymous than transferring fiat.

Of course as someone already mentioned, darknet is infested with these.

I also have a friend who bought medicine from it. But it wasn't for bad purposes but for his own health (which in this case it was a good decision and application).

In other cases bad people can act as intermediates and try to scam other people, or buy drugs or sell weapons, basically everything related with illegal activities.
Those on which you want to hide from the authorities or government including CIA and NSA.

Where there is innovation, criminals are definitely almost guaranteed to find ways to exploit it for illegal purposes, it's a fact of life.. the terrorists has used gold, diamond and other precious jewels to make transactions, does this make those jewels bad? They have also used cash but does this make raw, hard cash a bad thing? This also applies to Cryptocurrencies, the technology is good and the idealogy behind it is perfect, when it's used for bad things, it's on them, not on Satoshi.

Afraid? Why are you saying things like this in the last part of your post :D.

Anyway, if you are watching documentaries in Youtube about Bitcoin it has been used already in Silk Road and most probably there are some terrorist who are buying there. Now, for sure there are terrorists who are using it to buy things in the dark net. Haven't visited the dark web but for sure they are using it there and not only Bitcoin but also some privacy coins like Monero etc.

I think terrorists are an organized group. where their funding was spearheaded by a large group. I'm not sure if they only run independently. so that the weapons they get are certainly from a country that supplies them. but other than that, maybe also the terrorists use crypto currency for their funds. but what I see a lot is that many criminals now use dep web for transactions.

Its very obvious criminals such as terrorist would always devise a smarter ways of funding their organizations, I am very sure they would capitalized on the decentralized features of cryptocurrency to send and receive funds anonymously to fund their criminal and nefarious activities thus beating any securities means of tracing or tracking them however they would find it difficult when exchanging their crypto to fiat based on the huge amount of cryptos involved thus the source of the fund might be questioned.

In my own personal opinion, terrorist or other illegal groups also used cryptocurrency and bitcoin as a transaction when they are buying drugs, weapons, and so on. I also heard that terrorist and other illegal groups mostly make transactions on the dark web, so that they can buy and sell things anonymously, that is why other governments in other countries thinks that bitcoin is illegal.

Why not, these terrorist use cryptocurrencies which are secured and private to make all their transactions which includes the purchase of unlawful weapons. They mostly use privacy coins and i think this is due to nature of such coins as compared to bitcoin. i doubt they know that they can also use mixers to hide bitcoin transactions as well.

it was reported that in 2018 there were still criminal groups or perhaps terrorists who were detected using crypto for financial resources. maybe this will make crypto feel misused. so maybe there must be certain actions to prevent crypto from being misused for criminal purposes

Bitcoin was used in deep web as a currency in buying illegal things like drugs and guns, also if you are going to think about it,
 it really does make sense since the bitcoin has anonymous transaction there is no way that the government could track your identity if you have a transaction in bitcoin and also where ever you are in the world you could use think bitcoin and easily make a transaction using it. I think this is a thing that the terrorist is taking advantage of, having this technology making it easy for them just like a terrorist group could do.

In my country, I almost heard that a mafia group used bitcoin to sell drugs. And earlier, one of the most dangerous sects was buying animals through a site with bitcoin.

Generally, those people who don't want to be tracked are using bitcoin to buy illegal stuff. Sometimes if you're buying something personally, not digitally, then it's a risk for you because it will leave you pieces of evidence that will lead you to danger.

There are many groups that use this method, not only mafia. It's kinda weird to buy animals online? what kind of animals is that? endangered or reptiles?  ::)

Politicians, terrorist and other illegal groups that has illegal doings uses cryptocurrency as mode of payment because we are anonymous here it is easy to transfer money and it is easy to divert those funds to cash out in different local cash out provider. Maybe this is one of many issue that should be resolve before adopting crypto.

it's a bad impact from the abuse of crypto, and I don't think there's anything that can stop people from doing bad things. those who carry out transactions with bad intentions and there are people who provide goods for crime and pay with crypto. so it's hard to reduce abuse because it's back to the nature of the people who use it

i think organizations like this were not really updated on what is new when it comes to payment methods  . they arent really considered as a criminal right ? so i dont think that they will care to much about thier privacy  .

 on our local region there are also terorist here but they dont harm people and they walk around freely  , they can transact whatever they want  . they only became cruel when it comes to war or if they are fighting with thier real enemy  .

If you have taken a look into what is sold on the dark markets you would be amazed with what is sold there, from all sorts of illegal stuff, from drugs to guns and even mercenaries, and with all of these things sold using bitcoin and other cryptos that are hard to track their destination and their source, there is no doubt that some terrorists and mafia are using it, as it provides the perfect shade for them, and this one of the controversies that is debated about the anonymity of the crypto.

They don't hide their transactions really as they can freely talk to anyone unless they are in war which they will not be able to do any transactions. I don't think their using crypto for the war. As before they start the war they already prepared for it. In my country as terrorist lives in remote area Internet were poor so probably no bitcoin transactions happened.

not all terrorists can be like that, there are terrorists who have sophisticated equipment to be able to make payment transactions possible with bitcoin or the like. I have read that there are terrorists who use crypto for transactions because they are afraid of accounts being tracked by the state authorization

I believe yes because it's the best mode of payment for them which they could use easier and anonymously. We all know that criminals are hiding their identities so it will work well for them to use it. We're actually hearing news about it and we can say that it's one of crypto's anonymity disadvantage.

Well, with such anonymity at such a perfection level, one thing we almost can't deny is that the use of crypto as a payment method will be very popular with terrorists and criminals who want to buy illegal goods but I also believe that only a handful of criminals use this option because this perfection is also a disadvantage in payment methods. First, we cannot know who the person in the back is and the reliability of the cargo, if payment has been sent, we will not have a chance to refund, the government can even anonymize right here to play with terrorism

With its nature, which is anonymity, they have been reported that they do use Cryptocurrency to fund their terroristic acts and it was supported by documents, this is the reason why the government is strictly enforcing KYC, to exchanges, so they will know and tract if it is illegal on the funds being transacted, terrorist will always fund a way to move their funds, whether in fiat or Cryptocurrency, and so far with the implementation of KYC, these are all minimized.

That's for sure, using crypto makes them more easier to transact illegal transactions so they will really use this, actually if you want to speak with people here in our country and ask them if they know what crypto means, they will tell you that this is what darkweb widely used, they don't know Bitcoin in a good way, what they know scammers widely using this online.

I heard information from several pieces, that there are some terrorists who use crypto. for example, to buy illegal weapons in the dark web because there use crypto as a currency for transactions. and terrorism that uses crypto is one of the abuse of crypto in my opinion

Don't think about it because it's definitely widespread.

Terrorists need to be careful not to find out who they are and as a result of using crypto they can avoid government regulation of the legal transaction where your name and ID (KYC) are needed.

So I'm sure they are already using it to evade the authorities and to outrun their transactions. Examples of this are the purchase of Drugs, Weapons and much more.

Well terrorists, drug dealing and other bad activities are performed using fiat currencies for centuries. So we cant say paper currency is bad. Like wise dark web is just one usage of crypto, there are many positive uses of crypto also. So we cant rule BTC as bad just because it has one bad use.

We should think that way. It's not because crypto being used for some illegal things means that it's already a tool for this kind of stuff.  There's also other venues to actively use crypto currency. Don't conclude but accept the fact that since crypto is also being considered as currency then everyone who understand it will use it as a means of payment transactions.

It's actually the reason why there are some people who doesn't want to engage with crypto because of some trust issues regarding on using it to deceive others, can't blame them for thinking that way because if you look for the different side of crypto you can clearly see that there are people who are taking advantage of it's capabilities just to get the benefits they wanted. It's sad because it ruins crypto's reputation to the eye of people who wanted to try investing, it affects their decision making whether to take risk or not. It's difficult to convince them that crypto isn't bad because they have seen or read some news about it, even if you are willing to explain everything like it's just being used and it is not crypto's fault. People these days are being greedy, you have give them opportunities and they will exploit that opportunity because they have seen it's potentialities and the possible money that they can get from it. I just hope that they suffer the consequences of their actions because karma is real.

I don't think like this ideas with terrorism using bitcoin as payment transaction, how come they get bitcoin without make deposit first, will possible for terrorism using bitcoin but needed good internet access, how ever they keep hidden their self using internet access because there are no body know about their location and there impossible using bitcoin without internet access.

There may be lot of cases like money laundering, terrorist funding by using the crypto coins. But still we can't blame crypto coins for all these. These kinds of activity was still there when there was no cryptocurrency. And even for today, I don't think that crypto is the main medium of payment for the terrorist group. the terrorist group used to active mostly in the remote parts of the planet and internet connection is a big issue there. Another thing is that the value of the crypto coins are so much volatile that terrorist groups do not take such a market risk.

What other physical or digital assets would be better off to fund terrorist organizations and their activities other than cryptocurrencies which is had to trace to its source. With the emergence of privacy coins, the use of such crypto in funding terrorist activities increased. Nonetheless, the good usage of crypto always outweighs the bad as fiats are also used to fund these activities.

The last time I checked all crypto to fiat currency exchange site are KYC and AML supported which mean the government can easily track down illegal activities done by crypto users. With that been said, terrorist group around the world done their cash transaction activities before the existence of crypto currency and the government was unable to catch them while some dark web user was caught by the government early this year if I could remember correctly and this shows that the statement made that crypto was used by terrorists and money laundering group are just to spoil crypto name.

Maybe sometimes terrorists will use crypto. I think they will use anything of value to get what they need. These people don't care. I don't think they use crypto as payment anymore then they do use any other form of payment.

 
The also probably barter for their guns and things they need. Whatever explosives and things. They cannot just buy chemicals they need to order from different places otherwise it will look like they are making a bomb and they will be arrested or interrogated at least.

terrorists usually use cryptocurrency or bitcoin payment systems to fund acts of terrorism.
But I think terrorists now prefer to use more conventional methods of interbank transfers, they tend to use cryptocurrency when they make small payments such as to redeem illegal goods.

The terrorists are anonymous and they are ready to die if caught and will not reveal who is behind it all, what else to look for
Information on how they can get funds for weapons.
So don't blame crypto for its usefulness but the terrorists and the people behind it.

you know what is much important that i am thinking?is why there are newly created account like you who is making just a  single post and tackles about this kind of stuff?

does it really relevant and so important for you asking about this stupid question instead of many things that may help you learn the importance of cryptocurrency?

it always give me a thinking that you are just trolling or creating FUD for what reason is same question in my ming.

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but for the sake of arguments?it doesn't matter if terrorist groups using crypto to fund their activities because even if not bitcoin was used still they will use other currency or mode of payments to continue their bad works so whats the difference?

Do you know people buy illegal guns and weapons through the dark web and all the transactions are done in bitcoins and crypto. For the terrorist, crypto is a blessing because they can now move the money or do transactions anonymously. There is no doubt in the OP question that one of the biggest misuse of crypto is its use in illegal and terrorists activities.

Some might be using crypto but not all. In my opinion, some— not all terrorist are based in rural places so it's hard to connect using technologies. So those are probably using fiat, unless they have strong connections with higher people that can help them with different transactions. Those who have connections who is providing them some weapons might be using cryptocurrency to buy things on darkweb.

I also believe that terrorists use the possibility of anonymous business dealings with cryptocurrencies to disguise their criminal activities. This possibility of anonymous money laundering is also used by criminal gangs if you believe the reports.
Therefore, almost everywhere in the world, the guidelines for money laundering and money laundering laws are tightened.
Unfortunately, these criminal gangs are turning the cryptocurrencies into a bad name.

Bitcoin transactions are fast and anonymous, Terrorist needs these two features and for them using crypto is the best option. They can use crypto for money laundering and all sort of illegal stuff without being traced. Due to this reason, many people give crypto a bad name but actually it is the terrorists who use crypto in a bad way.

How do we even know that for sure ?
Yes, there is no way you can tell who is making use of cryptocurrency, so you can't really tell if these terrorists are making use of cryptocurrency. But, I have seen a lot of times where Bitcoin is being used on the dark web.

There are lots of weird things that are going on on the dark web and since Bitcoin was invented they have all switched to making use of Bitcoin and other cryptocurrencies like Ethereum. But should we blame that on crypto? I don't think so. I believe that whoever Satoshi Nakamoto is who invented Bitcoin, he did it for a good reason, we can see that if we read the reasons he stated for creating bitcoin.

It's now up to us on how we use bitcoin. Even before Bitcoin was invented, there have been a lot of evil things going on in this world, there have been terrorists and these terrorists were being funded back then, so why should we now blame Bitcoin?

Considering the fact that crypto is being used in the black market specifically bitcoin, there's a huge possibility that it is being used by terrorists all over the world. I have watched a series in Netflix wherein there's an instance where they bough their large weapons for a heist in the blackmarket and mentioned the value of it in bitcoin. It may be just a show but who know what are the things being sold in the black market. It would be very possible since the black market and crypto can't be regulated or controlled by the government of any certain country in the world.

Crypto is anonymous so they will use this to exchange weapons, drugs and all they want in criminal or no matter who the people that do illegal things. So don't surprise if someday terrorist will caught by this transaction.

Actually I searched that in google and many article says that this is true, and I see also that bitcoin is really used and their are some report that authorities caught people using this to fund Islamic Terrorists.

im not sure but it can be happen. you know if cryptocurrency keep the user identity, this is the safe place to make transaction without worried about revealing your information, and 'maybe' they use it. its just opinion, and we cant close eyes for this fact

Terrorist will be using fiat currency more than crypto in my opinion and bitcoin came into existence after 2009 and it became mainstream after 2011 to 2013 and even before that there were terrorist getting funds and none of the governments were able to stop nor track any of these funds and now if some groups are using bitcoin as a mode of transaction then they like to blame everything on bitcoin which is bonkers.

I think it definitely has contributed to the volume but I don't think it is a lot since most exchanges like OKEX would have KYC application to traders. OKEX (http://okex.com)

As far as I know, there are incidents like that.

I don't know if this is true or not but as far as I know, there is an incident where it is said that terrorists are using cryptocurrencies to pay for weapons or to transact. With the volatility of it, obviously, these groups will be using it since they will never be tracked that easily by the government or their other enemies.