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Author Topic: Will bitcoin be used to support terrorists?  (Read 140910 times)
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April 06, 2017, 02:20:26 PM
 #41

Not that it will be but it already has been used for supporting terrorism, unfortunately. Terrorist are also closely watching new technologies that could help them in their activities and Bitcoin was ideal because of the anonimity and it was hard to determine the source of funding. Unfortunately we can't escape Bitcoin beeing used for illegal stuff.

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April 06, 2017, 02:34:09 PM
 #42

They are already using fiat for their financial needs. Bitcoin does not directly enable them to do more.

It could make certain transactions easier though, but the same goes for any new technology. Bad people can always use it for their purposes as well. Does this mean we should stop technology development?
Here comes the question: if bitcoin be used for evil purposes, will we be able to stop them? And who will lead the effort to stop them?

If fiat is used for evil purposes, will we be able to stop them? And who will lead the effort to stop them?

Same question, with the same answer. Law enforcement will lead the offort to stop them, sometimes we may be able to stop them, sometimes we cannot.

Fiat is still the biggest currency for illegal transactions. That something CAN be used for something does not mean that that is the only thing that it can be used for.

Bitcoin makes it easier for them to move value on the internet. Ask yourself, would the dark markets be possible if fiat was used to transact in them? The answer is clearly no. Bitcoin is a god send for criminals.

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April 06, 2017, 02:51:01 PM
 #43

Everyone can hold his own bitcoin even criminals can obtain his own bitcoin the question here would be if the police can do something about it? which is very hard to do really! transaction over bitcoin will always be anonymous regarding this that is why I think that is the best question regarding some transaction of identify for illegal business, I think bitcoin is not the reason behind, something like this, the real culprit would be the person itself he can surely done anything with his bitcoin.
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April 06, 2017, 04:06:27 PM
 #44

Everyone can hold his own bitcoin even criminals can obtain his own bitcoin the question here would be if the police can do something about it? which is very hard to do really! transaction over bitcoin will always be anonymous regarding this that is why I think that is the best question regarding some transaction of identify for illegal business, I think bitcoin is not the reason behind, something like this, the real culprit would be the person itself he can surely done anything with his bitcoin.

Nothing is impossible, bitcoin is a tool and remains man himself decisive.

Bitcoin is anonymous, and allows anyone or any party to use it for good things or bad things like terrorism.
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April 06, 2017, 04:19:59 PM
 #45

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. This is something nice to do. BUt what if bitcoin be used to support some bad organizations, even terrorists? Is this already happening?

NO, of course bitcoin wouldn't support such thing like terrorist, but since anyone could use bitcoin, then terrorist might use it in their dark plan purposes. And Yes, this might already happening, but we just don't know about it because you know, terrorist act silently but deadly, that is why it is banned on some countries which do have many terrorist, their government is just preventing terrorist to use the advantage of bitcoin on this illegal stuffs.
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April 06, 2017, 04:48:06 PM
 #46

 the technologist, miners, traders .....of bit coin are human, the terrorists are also human. Bit coin can be manipulated as long as it is in humans control to suit whichever purpose.it can be used to support terrorism.
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April 06, 2017, 04:56:06 PM
 #47

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. This is something nice to do. BUt what if bitcoin be used to support some bad organizations, even terrorists? Is this already happening?

As scary as it is, Bitcoin can be used to any way and that of course, can be a good or bad act. It just only depends on the owner of it. The president of US can buy bitcoin and it's also the same with the criminal groups. They can also buy BTC and use it for terrorism. I think this is one of the reasons why the government wants to control the flow of BTC in certain countries.
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April 06, 2017, 05:11:03 PM
 #48

It is easier to track Bitcoins than it is to track cash.
Some of you guys should check https://en.wikipedia.org/wiki/Pseudonymity

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April 06, 2017, 05:19:48 PM
 #49

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. This is something nice to do. BUt what if bitcoin be used to support some bad organizations, even terrorists? Is this already happening?
So what? They didn't mention that North Korea had or still has secret factories where they manufacture Superdollars, a very high quality counterfeit United States one hundred-dollar bills?
According to witnesses factory where the notes are printed is located in the city of Pyongsong and is part of Division 39. They printed hundreds of millions, if not more of these banknotes.
So this is not a huge problem, but when North Korean government have access to bitcoin it suddenly becomes national threat? What kind of hypocrisy is this?

Source: https://en.wikipedia.org/wiki/Superdollar#North_Korea


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April 07, 2017, 01:23:20 AM
 #50

It is easier to track Bitcoins than it is to track cash.
Some of you guys should check https://en.wikipedia.org/wiki/Pseudonymity

Yes it is that is why we have Bitcoin mixing services. Trackibility will not discourage the criminals from using it as their preferred way to do transactions. Try dealing in the dark markets. Bitcoin is reaching new heights by operating outside the jurisdiction of regulatory bodies.

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April 07, 2017, 01:31:49 AM
 #51

It is easier to track Bitcoins than it is to track cash.
Some of you guys should check https://en.wikipedia.org/wiki/Pseudonymity

Yes it is that is why we have Bitcoin mixing services. Trackibility will not discourage the criminals from using it as their preferred way to do transactions. Try dealing in the dark markets. Bitcoin is reaching new heights by operating outside the jurisdiction of regulatory bodies.
Thats why there are mixing services and i can say that they are earning decent because of illegal transactions or for those people who dont want to be traced. Yes its really possible to track bitcoin transactions but using mixing services would do the job on hiding yourself completely and it can really be used by terrorist or any other person do illegal activities.

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April 07, 2017, 01:52:19 AM
 #52

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. This is something nice to do. BUt what if bitcoin be used to support some bad organizations, even terrorists? Is this already happening?

We cannot control others on how they will use bitcoin just like we cannot control people on how to use fiat. Since bitcoin itself has its value, this type of usage is inevitable. Since you asked if bitcoin is used to support terrorist or any bad organization, I will tell you that nothing will change. Did anyone asked "what if they use fiat to do bad?", obviously fiat and bitcoin are the same at some point but no one questions the usage of fiat as far as I know.

Quote
Is this already happening?

Dude, you placed a date in your post
Quote
On March 8th
so why are you asking if this is already happening? Isn't obvious that it is already happening?
uh,  CCD is not terrorists. ......It helps to fight North Korea's dictatorship. i mean if btc can be used for good, it can also be used for bad.
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April 07, 2017, 01:59:39 AM
Last edit: April 08, 2017, 08:56:06 AM by Iranus
 #53

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. This is something nice to do. BUt what if bitcoin be used to support some bad organizations, even terrorists? Is this already happening?

throwing in random names doesn't make the story more believable Smiley

and no, I assure you that there is no idiot in the whole world that is going to choose bitcoin (with 100% public, open to the whole world transactions) over easy fiat/cash such as using USD which is 100% anonymous, non-traceable and acceptable everywhere in the whole world.

p.s. your username seems to be matching the kind of topics you create in this forum.
Bitcoin isn't 100% public and USD isn't 100% anonymous.  Bitcoin transactions are public from the blockchain but they're pseudonymous as addresses are hard to link to individuals.  While Bitcoin isn't anonymous and those who don't take very careful precautions can be caught, it's a lot more anonymous than digital fiat (e.g. bank transfer) so if you're doing anything online, Bitcoin is the best choice since a lot of criminals already accept it.

Even cash USD, while having separate purposes to Bitcoin, isn't 100% anonymous.  Also, if you think that USD is accepted everywhere, you're pretty arrogant about how national currencies work.

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April 07, 2017, 02:03:51 AM
 #54

Is this true? I think it is still not certain. But there is a possibility that they will use these bitcoin to send them because bitcoin can be sent not knowing who sent it and what will be doing with it, even who is the reciever of it. Even in my newbie days here I am also thinking that these can be done by people, though I don't think that it can be really used these efficiently by these terrorist. With these, terrorist can convert bitcoin and earn money, buy guns and other things that they can use to overthrow the government and hurt the people under it, that is really miserable.
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April 07, 2017, 02:07:19 AM
 #55

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. 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?

There are no restriction in bitcoin , everyone is highly suitable to join , use and earn bitcoin. It is the user or to the bitcoiner the decision on whether to use it, even for the bad or for the good of him or everyone.
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April 07, 2017, 02:13:29 AM
 #56

Of course yes, basiccally bitcoin can be used for good things and bad things include support terrorists​
but should the peoples who care about bitcoin and as comunity of bitcoin
we must take care about bitcoin don't be used for bad things like support to terrorists​.
please don't use bitcoin for support terrorists​ and criminal
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April 07, 2017, 03:10:37 AM
 #57

Things like this are inevitable to happen, people will use any advantage of a currency to their favor,
but that doesn't mean bitcoin is a bad currency, terrorists have been using fiat, gold, silver etc..
to their illegal transactions/activities.

Bitcoin cannot be blamed if the terrorist used it in their transactions

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shinratensei_
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April 07, 2017, 03:11:11 AM
 #58

No-one knows about that answer, but in my assumption, if the bitcoin already familiar to the Darknet and there is a high possibility to be used by the terrorist. But that depends on the user interest.

I've ever seen dark marketplace guide by using the bitcoin. https://psychonautwiki.org

I don't think so, They having various kinds of the payment method and didn't put his concentration just on the bitcoin.


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April 07, 2017, 03:17:19 AM
 #59

unfortunately most likely it is already happen than to consider eliminating the same bitcoin by eliminating the terrorists it's too excessive. anonymity one who can do it but if it is omitted then it bitcoin will not be perfect so bitcoin be a double edged sword.

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April 07, 2017, 03:20:27 AM
 #60

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. 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?

Where is the link to this post,there should be one.I don't think Bitcoin purpose is primarily to help terrorist but these idiots have found a way to use this to their advantage because it is decentralized but the advantages of using bitcoin outweighs the disadvantages  

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