This has inspired me. I think 2017 I'll go to South Africa and meet with these guys. I still believe BTC is going to be huge in Africa. Anyone near Johannesburg?

Your friend does not know what he is talking about. You will want to create an account at an exchange in your country and fund it. Any shortcut is just going to end in a scam. We see this a million times a day here.

Where are you registered and licensed?

If only we had some kind of... Oh, i don't know a "bit-coin" of some sort.

So it went up $100? I thought you were arguing that it will go down because it is "to expensive"? Be careful man, shorting can be brutal.

Bitcoin will reach $7billion dollars each by the end of the year! Hey look, we can all make shit up!!! 

I fully expect that in the future my car will sense that it needs a charge then go take of it without me. Next time I get in the car will let me know that it's bitcoin wallet is getting low. With bitcoin machines can transact and there is no need for me to be involved.

Their phones are better protected than one would hope. They not only have the phones, but the phone lines, the switches, the cell towers, everything. If the police want your phone in most places they just ask your service provider. In the Islamic state some spook may have a hard time listening in on an encrypted conversation.
Bitcoin is money and money has broad appeal. It really is about wealth and power not bitcoin. In fact the official currency of DAESH is minted in gold, silver, and copper. The image below shows the coins they mint.

Scammers are not banned here. Think of how much effort would have to go into deciding who is a scammer. The mods would be cops not mods. Just remember that most loans are scams and avoid them altogether.

Until we fork this is only going to get worse. My hope is for a quick collapse in value. That may wake up the miners by destroying their business model.

I no longer consider fiat as "real" money. Only bitcoin and gold are real to me now. So to answer your question... No I would not part with bitcoin (real money) to buy dollars.

I can't imagine them not using bitcoin. By them I mean DAESH. There has not been a group called isis in years now. The rest of the world calls them DAESH if they hate them and IS if they are supporters. But yes. they do use them and it should come as no surprise.

No one here knows anything you don't know. But I would just buy and spend whenever you need some for shopping online. Watching the price all the time is a waste of time, IMO.

They do offer a great discount for buying with bitcoin. A 10oz. gold bar is $520 cheaper with BTC. And people think their credit cards are free. 

Here is where I think this is headed. Some never gave up on Total Information Awareness.


https://en.wikipedia.org/wiki/Total_Information_Awareness

I was being generous. 

Using an alt-coin as collateral is like using a rusty VW bus as collateral in the purchase of a Ferrari.

Collateral has to be worth more than the loan.

It's a weird question. 

Bitcoin is provably worth hundreds of times what a dollar is worth. If you think differently then go buy one for less than a dollar. The market decides value not anyone's opinion.

I think the more you look the more places you will find using bitcoin. There are tens of thousands of places now.

Too bad no one is buying using scam-pal.

But seriously Op, you are going to be scammed.