Bitcoin - one of the Terrorists Funding Sources

[PrimeDyno]

It's just not fair.  Bitcoin allways gets a bad rep with mainstream news Media because guess what they are funded by banks who want bitcoin to go away so they can control.  Isn't it obvious?  USD funds terrorist's just as much as bitcoin.  The problem isn't what's funding them but who is.   I'm honestly surprised that People miss this point all together.  Go back to sleep sheep.

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[mixan]

It's just not fair.  Bitcoin allways gets a bad rep with mainstream news Media because guess what they are funded by banks who want bitcoin to go away so they can control.  Isn't it obvious?  USD funds terrorist's just as much as bitcoin.  The problem isn't what's funding them but who is.   I'm honestly surprised that People miss this point all together.  Go back to sleep sheep.

Those are my sediments exactly. The big banks are funding these media accusations so they can steal the blockchain technology and toss out bitcoin so they don't have to deal with it or try and integrate it into their banking system somehow.
I don't think we will ever know who is funding them as it is all a conspiracy to keep the masses dumb to the facts of what is really going on behind the scenes.

[Kakmakr]

Besides, we all know the CIA funds ISIS.

Whoaa, that is quite a bold statement to make on a public forum. Do you have any source documents as proof of
that? I doubt if the CIA will fund a terrorist organization to kill their own people. Why would they want to do that?

It is more likely that ISIS is getting funding from extremist supporters from within 1st world nations, owning legitimate businesses. They also sell some oil and trade with raided goods.

[Was]

Now I'm scared I'm gonna get picked up in a black van at 3AM

[Was]

Besides, we all know the CIA funds ISIS.

Whoaa, that is quite a bold statement to make on a public forum. Do you have any source documents as proof of
that? I doubt if the CIA will fund a terrorist organization to kill their own people. Why would they want to do that?

It is more likely that ISIS is getting funding from extremist supporters from within 1st world nations, owning legitimate businesses. They also sell some oil and trade with raided goods.

It was a joke. Really all I know for a fact is Vladimir Putin said G20 nations are funding, and somebody has to be buying oil from them. I don't understand why the US hasn't located them, and shut them down.

[jt byte]

I just can't believe as saying this about bitcoin. Just like anyother currency if it is accessible to the public, terrorist can use it. Let's not lay blame on one source of their funding. I am pretty sure they have fiat being mailed to their headquarters using snail mail too.

[cjmoles]

A few day ago I also seen a spread on the BBC that claimed that the recent terrorist activity was funded with bitcoin.  According to the spread, the EU was going to have a closed door discussion to ascertain the extant of the funding activity and to figure out what to do about it.  They never did a follow up report on the issue though....so I didn't hear what they came up with behind those closed door meetings.

[franky1]

We can say that Bitcoin is mainly use(ober 90%) for illegal activities. This is the truth. Terrorists , ponzies, drug dealers, illegal forex, illegal exchange companies(not licensed) and many others are the real Bitcoin. Withoth these, BTC value will be near zero.

The other part(speculators) is negligible.

lies..
you say over 90% is illegal..

hmmmmmmmmmmmmmmmm
ok i bet you can only name maybe 1, 10, 100 illegal services...

ok well try naming 100 illegal services and ill show you 100,000 LEGAL services.

...
......
.........

ok i cant wait for you to list the limp and shrivelled list of black markets.. so ill just tell you to go to bitpay/coinbase and see that they have 100,000 businesses
accepting bitcoin..

have a nice day

[jbreher]

Besides, we all know the CIA funds ISIS.

Whoaa, that is quite a bold statement to make on a public forum. Do you have any source documents as proof of
that?

Please read this recently declassified Pentagon document: http://bit.ly/1DntmiA

It shows that the U.S. intentionally armed Al-qaeda groups in Syria for the purpose of overthrowing the Assad government.

Equally bad, government officials knew this action would lead to an Islamic State in Syria. In other words...

They knew it would cause the rise of what we now know as ISIS!

It’s long been suspected that the U.S. armed and trained ISIS forces. Now we have the smoking gun.

[thejaytiesto]

Bitcoin runs under the internet, so I guess it's time to end with the internet too lol. This makes no sense, of course that terrorists will use whatever new tools that arise with technology, but it's to go against progress trying to ruin it for the people that make a good use out of them, they should ban cash first.

[Day2Day]

Yes I agree with you. All this crap, ISIS and Al Qaeda are western country creations. Mostly American creations. These western countries will never admit this though and they will always try to find another things or people to make them guilty.

I am afraid and I have a little fear that they will make a scapegoat out of Bitcoin. Just like this reportage that we are discussing here and that mentioned Bitcoin as one of the sources of funding. The things start like this!

[ThunderThomas]

These terrorist will use whatever funding they can get their hands on to.

Whether that's the dollar, bitcoin or euro's or any other currency they can use.

They will get their funding one way or another.

[maku]

This is a very bad publicity, it equals to: "ISIS, come and use bitcoin!" 

I guess the blockchain analysis and black listing will become more and more popular, like Mike Hearn said, unfortunately 

This news about ISIS mainly founded with Bitcoin is bullshit. We all know that. Bitcoin, or cryptocurrency in general is far less than 1% of ISIS funds.
But that topic is GREAT for mass media, and for FUD spreader antibitcoin haters to show people how bitcoin is a 'threat" for peace.

I too think that news like that are making stupid politicians to take legal action against 'free internet money' which bitcoin currently is.

[hacksmash]

These terrorist will use whatever funding they can get their hands on to.

Whether that's the dollar, bitcoin or euro's or any other currency they can use.

They will get their funding one way or another.

...but you do realize your talking about Apples and Oranges, right ?
Funding does not equal Currency. Funding is useless unless it is in a currency that is accepted by the seller. BTC are far too trackable for a arms dealer to use. The SilkRoad busts showed the world that.

The US$ is far more anonymous is that sense.  THAT is the message that the Bitcoin community needs to be getting out there.

[enthus]

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

because bitcoin is a new currency involved in so many illegal things like silkroad...so it just bring back memory. Gold, I also agree. They shine bad light on BTC but gold is just normal to be on this list?

[ivan19]

I thought they were funded by George bush when he was in office lmao.

[secone]

isis have more fiat money than bitcoin asset
so how about it
> http://www.newsbtc.com/2015/11/24/bitcoin-accounts-less-1-isis-funding/

[coinhelper]

I would have thought that, technically, the Internet is the main funding source of Terrrism. Cut out the internet and there is less terrorism. Less people are manipulated into believing what other people think that are metally more stable than the manipulated person.

[Mr. Forum]

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.

[Indrawan77]

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