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Author Topic: Bitcoin - one of the Terrorists Funding Sources  (Read 4711 times)
Mr. Forum
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December 09, 2015, 08:30:59 PM
 #121

I can say the statement can be true and false at the same time. The reason why I am saying is because the feature that bitcoins have makes it a bit a suspicious digital currency. Due to lack of a formal body that controls the coins, it has been a great challenges and even inhibited the coins from being accepted in other countries as a formal currency. Criminals yes may be using the system for their transaction but all I know it was never meant for criminals.
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December 16, 2015, 12:09:14 AM
 #122

I think there is a possibility but really hope its not,

because bitcoin main idea is to be make us easy to do transaction  globally, not to harm anybody
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January 07, 2016, 08:13:57 PM
 #123

I think there is a possibility but really hope its not,

because bitcoin main idea is to be make us easy to do transaction  globally, not to harm anybody
Bitcoins are not the terrorists funding sources, terrorist does not have brain to think too much on any digital or in cryptocurrency. They just know how to kill people who lives happily.

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January 07, 2016, 08:15:45 PM
 #124

I think it's definitely possible, but that's one of the downsides to bitcoin, you can't have all positives.
if you want freedom of currency with something like bitcoin, that counts for everyone, good or bad
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January 07, 2016, 08:18:05 PM
 #125

They had better do away with cash then too because terrorists use cash.  They would really use anything that would work.  It is not as if they are seeking out Bitcoin over others.

I love Bitcoin
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January 07, 2016, 08:36:16 PM
 #126

They had better do away with cash then too because terrorists use cash.  They would really use anything that would work.  It is not as if they are seeking out Bitcoin over others.

exactly, there is not a single monetary unit, you can't abuse in one way or another
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January 07, 2016, 09:13:34 PM
 #127

I don't think there is a real relationship between bitcoin, and crypto currencies generally, and terrorism funding. The criminals and terrorists used fiat for their transactions between the bitcoin's creation and they still fiat and other currencies
LinaMay
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February 19, 2016, 09:48:20 AM
 #128

It's kind of obvious to say terrorists can use Bitcoin, but so what? It doesn't matter. People use Canadian dollars to do terroristic things too.
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February 19, 2016, 10:40:22 AM
 #129

I remember a report being published somewhere about the main currencies used by terrorists for money laundering. If I remember correctly, US dollar is TOP and Bitcoin is quite a distance away. Perhaps Bitcoin is not popular enough to be used for money laundering or they have many other ways
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February 19, 2016, 11:06:57 AM
 #130

Yes that's why all the countries are announced as the high alert.
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February 19, 2016, 01:44:39 PM
 #131

With the recent attack in Paris, many questioned 'again' where the hell those terrorist got their funds. Hidden agenda or secret talks? Some people already know the hidden truth about it* and bitcoin already part of their sources.

Basically, because bitcoin transaction is as light as feather, it's really making hard to be accepted worldwide.

What can you say about this?


dont believe what media show about bitcoin,they not always true,and some people believe terrorist use another funds,maybe they have own funds,and some post on this forum also mentioning western union as terrorist funds.

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February 19, 2016, 01:51:55 PM
 #132

Bitcoin can even be one of the sources of funding for many terrorist groups, but I can assure you that the primary source of their funding is not Bitcoin. Fiat, Fiat is the main source of funding for terrorist groups, and that is more than proved.
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February 19, 2016, 03:06:38 PM
 #133

Ofcourse that is logic. If you use Bitcoin and pay with it, you cant control what he bought or sell. And that is really dangerous.
It is also very dangerous that it will be going more worth later so that is not good for them, but we will see what is going to happen.
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