Bitcoin - one of the Terrorists Funding Sources

[Bradexterb]

I think they get most of they're funding by selling oil and gasses

It's cheaper to get oil over there than in the West

[Mickeyb]

ISIS has stolen $430 millions from the vault in Mosul! In my opinion, it would be 10 times easier to get this money sent by the Western Union anywhere in the world than by the Bitcoin.

We have to understand, that these people have people that work for them and that are "just normal" citizens in many European countries with their families, etc. Of course that they are receiving money in their names and after they are giving it to these self blowing idiots.

This theory about Bitcoin is a complete BS, yet I am afraid that we might somehow suffer because of these Paris events!

[tokeweed]

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

But I doubt these guys are.

"Hacktivists claim ISIS terrorists linked to Paris attacks had bitcoin funding":  http://www.networkworld.com/article/3005308/security/hacktivists-claim-isis-terrorists-linked-to-paris-attacks-had-bitcoin-funding.html

From the article:  "Ghost Security Group confirmed to NewsBTC that ISIS is "extensively using bitcoin for funding their operations" and that the group has "managed to uncover several bitcoin addresses used by them." Furthermore, bitcoin is "their prime form of cryptocurrency."

[tokeweed]

Why are most of you in denial that BTC/crypto is one, if not, the most useful tool for terrorists, money launderers, and black market participants for moving funds?

It's there to leverage the power from the imperialists back to the people...  Sadly in this case, terrorists.  This is what Amir Taaki was saying when he created Dark Wallet.  He doesn't deny that the purpose of Dark Wallet + BTC was that it could be used for illegal means.  I think he even encourages it.

[yenxz]

I hope that was not true,i little afraid

[NorrisK]

Bitcoin is not the source of funding, it is one of the means of funding..

There are people that fund them and they use bitcoin. It is not bitcoin that funds them.

[PAKYU]

Why are most of you in denial that BTC/crypto is one, if not, the most useful tool for terrorists, money launderers, and black market participants for moving funds?

It's there to leverage the power from the imperialists back to the people...  Sadly in this case, terrorists.  This is what Amir Taaki was saying when he created Dark Wallet.  He doesn't deny that the purpose of Dark Wallet + BTC was that it could be used for illegal means.  I think he even encourages it.

There is always a good and bad side. In this case terrorist take  an advantage on bitcoin and abused it.

[Slark]

I hope that was not true,i little afraid

Afraid of what exactly? Are you afraid of every knife because it is potentially killing tool?
And even if 'terrorists' have bitcoin stash so what? Let's ban dollars, euro and gold because terrorists use them for buying weapons and financing their operations too!

[Hashminers]

It is what it is, but I hope that the Anonymous will hacked ther BTC if it is possible.

But I think it will be very difficult. I am kinda scared of this Terrorists think :/

[tokeweed]

Bitcoin is not the source of funding, it is one of the means of funding..

There are people that fund them and they use bitcoin. It is not bitcoin that funds them.

Yup.  Exactly.  People should see it more in this context.

[tokeweed]

Why are most of you in denial that BTC/crypto is one, if not, the most useful tool for terrorists, money launderers, and black market participants for moving funds?

It's there to leverage the power from the imperialists back to the people...  Sadly in this case, terrorists.  This is what Amir Taaki was saying when he created Dark Wallet.  He doesn't deny that the purpose of Dark Wallet + BTC was that it could be used for illegal means.  I think he even encourages it.

There is always a good and bad side. In this case terrorist take  an advantage on bitcoin and abused it.

Abuse?  It's what exactly Bitcoin is for.

[BTCBinary]

That is pretty stupid to be said... Every type of currency can be used to finance terrorism. You can even finance terrorism with meat and milk as many supporters for terrorist groups in Latin america have done. And actually, if we could make a research we would find that terrorism is mostly financed by plain ond cash!

[tokeweed]

I hope that was not true,i little afraid

Afraid of what exactly? Are you afraid of every knife because it is potentially killing tool?
And even if 'terrorists' have bitcoin stash so what? Let's ban dollars, euro and gold because terrorists use them for buying weapons and financing their operations too!

Yes.  I mean, I personally don't condone the terrorists' actions but there's nothing wring in using as a tool for moving funds.

[tokeweed]

That is pretty stupid to be said... Every type of currency can be used to finance terrorism. You can even finance terrorism with meat and milk as many supporters for terrorist groups in Latin america have done. And actually, if we could make a research we would find that terrorism is mostly financed by plain ond cash!

Yes!  And they can use Bitcoin to move value over the internet as what they have done.

[aakashsangwan]

A report says that it was not only bitcoins, rhey recieved funds in form of other crypto currencies also.
And at a time one of their bitcoin address was holding around 3 million $ in bitcoins.

[BillyBobZorton]

I don't really think so. I mean are those guys bright enough to pull it? Bitcoin is not really that anonymous, they would need to everything perfectly, it's too much of a hassle. I think most of the money is cash from the drug cartels these guys have.

[eddie13]

Just an example of the liberal media's agenda.. Nothing to see here...

[Amph]

i think they bitcoin funds are very limited, because bitcoin is very limited to the market right now, not talking about the current amount of coins, but about the real amount that can be bought and it is available at the market

to have more they need to match what the holders want, which is a much bigger price than what we have today on the market, this mean that without a new bubble they can't fund very well what they have in plan to do

otherwise it's mean that they are using it for small criminals activity

[erickimani]

These are just guesses my the media personnel. the media are in business and should make news in order to make money. Just understand them but they should think twice before posting such allegations. The funding can be from any form of currency even the dollars.

[maokoto]

Bitcoin cannot be a "funding source" because Bitcoin is money.

It is like saying "The terrorist funding source were dollars". Bitcoins do not appear of thin air. You have either to buy them or mine them. It is not a "source".