Bitcoin - one of the Terrorists Funding Sources

[harizen]

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?

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[franky1]

unless there was a public key found along side them fake and unburnt passports.. the media is only guessing.

[shorena]

Maybe they have not been funded at all?

-> https://www.facebook.com/theprojecttv/videos/10153243154568441

Edit: as franky1 pointed out so nicely below (as well as above) take some salt to your news consumption.

[biggus dickus]

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?

That list is missing drugs, which is probably one of the largest sources of terrorist funding there is. There was a terrorist organisation called the shining path in South America that controlled a large amount of the cocaine production and distribution for years. Although the Taliban reduced opium production in Afghanistan the production rate has now increased, and money from the trade is probably going to terrorists.

Terrorists probably make more money from drug production and smuggling than from Bitcoin, if they use Bitcoin at all.

[Amph]

there is also gold among those, so why they put bad light on bitcoin only and not on gold? biased fud

not to mention that cash play a big role also

[franky1]

Maybe they have not been funded at all?

-> https://www.facebook.com/theprojecttv/videos/10153243154568441

take the video with a pinch of salt.
saying 'they dont want you to know that' but then making their intention public knowledge in a supposed magazine... is like saying a rich person doesnt want you knowing he is rich by inviting you to his 20 bedroom mansion made of gold..

the funny thing is, that unless we get a knock on our front door, and a terrorist is standing there telling us his plan and how he was funded.. we only know what we have been chosen to be told by media.

and even the guy in the video is 'speculating' that ISIS want WW3. 'because they told us'.

well terrorists never told me, only media..
so while the middle-east has been blamed for 150 deaths by media, that same media has not informed you that this same week the UK government has caused more deaths, the american government has caused more deaths.

but thats the point. they want you to hate someone living thousands of miles away, just so you wont hate those living closer to home

[teddy5145]

What if they didn't bought the weapon at all with those currencies
FYI Terrorist like this usually don't buy their weapon at a dealer or some sort, they usually got their weapon either by doing raid to a weapon cache and steal all of the guns there is or make one from a scrap metal and other parts like that, have you ever see the price of "Homemade" Ak-47 ? It was surprisingly cheaper than the original factory made AK's

And even if they did buy it i don't think they are buying the original one, as i said "Homemade"

[btckold24]

How in the world does this not have porn, cash, and drugs..... to me funding porn / illegal porn activities would be lucritive as well a easy way to launder money

[PAKYU]

there is also gold among those, so why they put bad light on bitcoin only and not on gold? biased fud

not to mention that cash play a big role also

Good point. But gold has a physical. That why.

[franky1]

What if they didn't bought the weapon at all with those currencies
FYI Terrorist like this usually don't buy their weapon at a dealer or some sort, they usually got their weapon either by doing raid to a weapon cache and steal all of the guns there is or make one from a scrap metal and other parts like that, have you ever see the price of "Homemade" Ak-47 ? It was surprisingly cheaper than the original factory made AK's

And even if they did buy it i don't think they are buying the original one, as i said "Homemade"

raiding and stealing stockpiles makes sense..

[target]

Maybe I've been watching too much documentary and remember one instance it says terrorist are into diamond mining and forex trading.

[Dapallo]

It's possible

But I also think that some of their funding comes from corrupted people inside goverments

How else are they able to recruit so many people and get so many destructive weapons.

[anonymousx]

This doesn't mean anything or make bitcoin bad, anyone have the right to use bitcoin that same apply for fiat as well.

[sartorpc]

their funds come from everywhere, standard currency and also btc, it is hard to control that, I wish there was a way to stop them from using bitcoin. If you check the black market on the deepweb you will find that you can buy many weapons and explosives using btc, I just had a look at this like a year ago.

[franky1]

It's possible

But I also think that some of their funding comes from corrupted people inside goverments

How else are they able to recruit so many people and get so many destructive weapons.

Shorena posted above a video, which says ISIS is also in the magazine subscription business.. i guess all them $$ selling magazines cant be ignored

[Supebox]

It's difficult to stop the funding

Seeing as it can come from anywhere and anyone

We can't just stop our economy just for them, it's just not possible

[franky1]

their funds come from everywhere, standard currency and also btc, it is hard to control that, I wish there was a way to stop them from using bitcoin. If you check the black market on the deepweb you will find that you can buy many weapons and explosives using btc, I just had a look at this like a year ago.

well even if you cant stop the BTC purchases.. you can easily stop the delivery of the good purchased. after all an AK-47 is not the size of a letter.. so easy to spot when using delivery companies.

[franky1]

It's difficult to stop the funding

Seeing as it can come from anywhere and anyone

We can't just stop our economy just for them, it's just not possible

so $500 ATM limits and $10,000 wire transfer limits have never happened and impossible?

[TibanneCat]

Bitcoin could be used by them as medium for transferring value, no different from a bank transfer or western union. Unlike oil, gold, antiquities, I doubt ISIS found a bunch of government private keys full of btcs while invading territories in Syria and Iraq

pretty sure they are not paying terrorists' salaries in btc either

Main terror funding sources are Saudi Arabia, Kuwait, Qatar, Turkey
but we all just turn a blind eye because they are supposedly "allies" and only fund "moderate" rebels

[erikalui]

These are just guesses and no valid proof that they did use bitcoins. Gold can be the biggest funding source and these criminals trade it illegally. However, this news is just going to affect bitcoins again in a negative way.