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Author Topic: Will bitcoin be used to support terrorists?  (Read 140867 times)
NJB18
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July 07, 2017, 01:18:07 PM
 #341

Well, anything can be used to support terrorists. There are no exceptions. Bitcoin may be used as with all kinds of fiat currencies.

FB may be used as also with twitter, television, radio, and you know what? Even religion is not spared. Even god is used to support terrorists, right?

So there is really no special thing about bitcoin if it will be used to support them. The right of course, as you all know, is that there should not be a single thing to be used to support them. Instead, things should be used to stop all them.
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July 07, 2017, 02:07:32 PM
 #342

With the current status of bitcoin, anybody can use bitcoin and nobody will know who did what and who received what. Of course no one will want to be known to be a terrorist so the best way to transact will be through bitcoin. It is on this note that most authorities, governments included, are reluctant to adopt the use of bitcoin. I think it will take sometime and so many formalities for bitcoin to be universally accepted.
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July 07, 2017, 05:08:09 PM
 #343

I think bitcoin is being used to support terrorists. Money is used for bad purposes, right? So do bitcoin. If something has value, it will be abused for many other things. The war between good and evil will never over

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July 07, 2017, 05:28:18 PM
 #344

I think this is very possible, bitcoin transactions are anonymous so that anyone who uses is not detected, I'm sure terrorists and illegal transactions are now using bitcoins.
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July 07, 2017, 05:31:23 PM
 #345

I think bitcoin is being used to support terrorists. Money is used for bad purposes, right? So do bitcoin. If something has value, it will be abused for many other things. The war between good and evil will never over
Lot of transactions for the terrorists need might have taken place through bitcoin, though bitcoin is not familiar around similar to USD which is the most used asset for all illegal transactions. In the beginning bitcoin was completely used for illegal and gambling purpose which has slowly grown to this level in the short.

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July 07, 2017, 05:35:16 PM
 #346

I think bitcoin is being used to support terrorists. Money is used for bad purposes, right? So do bitcoin. If something has value, it will be abused for many other things. The war between good and evil will never over
That's right it's the same thing if to ask "has dollar been used for terrorists support?". Bitcoin is the same money like fiat, if you know how to use it - there are no borders for the use.
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July 07, 2017, 05:48:05 PM
 #347

bitcoin is already being used by many bad guys. but that does not mean that we should do anything to bitcoin because of that. if there was no bitcoin then those bad guys will use any kind of money but still, the will do whatever they are doing. everyone has equal rights on using bitcoin no matter what is the reason of using it but both good and bad uses it. if media wants to highlight these points mainly then they are free to do it and I don't think it will affect the bitcoin price because almost anyone knows that how bad bitcoin is being used for.
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July 07, 2017, 07:25:25 PM
 #348

On March 8th, Cheollima Civil Defense(CCD) released a video on its website claiming:” Han Sol, the son of Kim Jong Nam, and two other family members were met quickly and relocated to safety. “ And they receive bitcoin for financial support. http://news.8btc.com/bitcoin-plays-a-role-in-humanitarian-assistance This is something nice to do. But what if bitcoin be used to support some bad organizations, even terrorists? Is this already happening?  What i am worrying is if bitcoin be widely used for bad things, negative news would be all over and bitcoin price will drop. It will lead to tougher regulation. Do u think world leaders are willing to kill btc to make sure they can fight terrirists?
Bad people will always try to misuse things for their own personal gains, it's no doubt that bitcoins will be used to finance terrorism by people who would want their involvement to be anonymous,  I think on that front, I support a regulation of the currency.

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July 07, 2017, 08:06:16 PM
 #349

Now bitcoin is already in use by bad guys because bitcoin they can earn money ,, and the money is used for uncertain things.
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July 07, 2017, 09:22:54 PM
 #350

Yes bitcoin may be used to support terrorists and at the same time it can be used to help and support poor and needy people too. Just like fiat bitcoin too can be used and misused. If any one of us or if the government of any country think that bitcoin has or may make things easier for terrorists or criminals then it's not true because the terrorism came into existence even when there were no bitcoins. It's the loopholes in government machinery because of which governments all over the world have failed to curb terrorism and there's no fault of bitcoin in it. And that's not a fair reason to blame bitcoin of anything wrong happening in this world using bitcoin.

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July 07, 2017, 09:26:05 PM
 #351

It is already being used but we cannot do anything about it. Terrorist will use FIAT or any other form of payment as long as it fits in their agenda and helps them achieve their goals. The good thing is that FIAT like dollar is responsible for 99% of terror attacks and only 1% is funded through bitcoin.

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July 08, 2017, 02:42:24 AM
 #352

On March 8th, Cheollima Civil Defense(CCD) released a video on its website claiming:” Han Sol, the son of Kim Jong Nam, and two other family members were met quickly and relocated to safety. “ And they receive bitcoin for financial support. http://news.8btc.com/bitcoin-plays-a-role-in-humanitarian-assistance This is something nice to do. But what if bitcoin be used to support some bad organizations, even terrorists? Is this already happening?  What i am worrying is if bitcoin be widely used for bad things, negative news would be all over and bitcoin price will drop. It will lead to tougher regulation. Do u think world leaders are willing to kill btc to make sure they can fight terrirists?
In my opinion, yes Bitcoin can be used to support terrorists and maybe, while we are talking about this, some transactions were made for this kind of funding. This result of Bitcoin can not be denied.

Bitcoin will be " bad " if it's use to something illegal like terrorism. Bitcoin itself has nothing to do with this activity. This will all depend on how the person use this, will it be use in good or bad it doesn't matter because bitcoin is pseudonym and no one can control this.

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July 08, 2017, 02:56:54 AM
 #353

Offcourse bitcoin can fund terrorism just like any fiat. Let me make it clear that the main funders of terrorists are none but governments of many countries. Such governments can easily fund terrorist with fiat without getting caught as they are in direct contact with them.

Now lets come to bitcoin. Bitcoin can indeed be used to fund terrorism, but there will be a path; the path may well be encrypted, but there will still be a path. Bitcoin will present tools that the state may well choose to use to track terrorist funding. Which wasn't possible with fiat.
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July 08, 2017, 03:52:22 AM
 #354

This is the side of weakness if everything anonymous, I'm sure the factor bitcoin  price increase due to the high demand for funding terrorists and illegal transactions such as drugs, illegal weapons and so on.

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July 09, 2017, 01:05:34 AM
 #355

unfortunately this might happen in the future! being untraceable bitcoin can be used in criminal activities  Embarrassed
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July 09, 2017, 01:57:25 AM
 #356

Some people abuse the use of bitcoin one of bitcoin  become major payment instrument in the sale and purchase of illegal goods / services on the Deep Web site. Deep Web is a site that can not be accessed by ordinary browsers and can not be found in search engines, where it is more like an illegal market that sells illegal drugs, illegal goods even to the killer.
The reason why Bitcoin is chosen by them is because Bitcoin is free from rules, it is unfettered and affected by the global economy. Anonymous or unidentified transactions also further safeguard the secrecy of this Bitcoin transaction.
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July 10, 2017, 01:37:40 PM
 #357

I think bitcoin is being used to support terrorists. Money is used for bad purposes, right? So do bitcoin. If something has value, it will be abused for many other things. The war between good and evil will never over
Lot of transactions for the terrorists need might have taken place through bitcoin, though bitcoin is not familiar around similar to USD which is the most used asset for all illegal transactions. In the beginning bitcoin was completely used for illegal and gambling purpose which has slowly grown to this level in the short.

Two claims with no support.
Where do you get this "lots" from? I've already said it, for a terrorist organisation bitcoin is a pain in the ass that is posing more problems than it solves.

Second one... "completely" ?
Yeah , sure. Search the forum a bit, you'll be amazed how many legal things were being sold and bought well before darknet markets.
After all, the first thing that was ever bought with BTC was a pizza not coke.



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July 14, 2017, 08:39:49 PM
 #358

It is pretty possible. Btc provides anonimyty and it's safe to use as for normal people, so as for terrorists, but I doeson't meen that btc should be banned. Terorist also use cars but we don't bann them, do we?
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July 14, 2017, 09:03:02 PM
 #359

Of course Every monetary system has its benefits and its failures, but the Fiat currency also has tax havens
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July 14, 2017, 09:13:30 PM
 #360

Probably because all bitcoin transactions connected to the Internet network that makes all the transactions so much easier and also if transacting bitcoin in large numbers usually no one is suspicious because many do not know about bitcoin Tongue Tongue

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