PrintCoins
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April 07, 2017, 05:52:48 PM |
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Let's say that instead of bitcoin it would be feathers or rocks. Would terrorists use rocks for their own interests? Of course. Gun (or bomb) dealers don't care what it is, they want to deal and get paid. Doesn't matter what currency is used.
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SONG GEET
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April 07, 2017, 06:09:24 PM |
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Fiat and normal bank wire are being used by terrorist from long time ago and they have now started using bitcoin for transactions however bitcoin still only covers very little part of transactions in those organization. I don't care in what purpose bitcoin are being used as long as it can put few more million on bitcoin marketcap. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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jak3
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April 07, 2017, 06:21:24 PM |
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common bitcoin is just a kind of new money processing system, we more likely treat it like real money with some imaginary values which is nowadays being judged by the different types of bitcoin and altcoin exchanges, the point is the money can be used in anyway no matter good or bad. even if terrorists uses it for their benefits we can not close the whole bitcoin system to stop them, if we stop bitcoin they will simply switch to dollars or something else but we can not stop money and by the way yes bitcoin is widely being used at the dark side too mainly for illegal activities
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Sweetbtc
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April 07, 2017, 07:13:20 PM |
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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. But it does not support the terrorist it is just that it is free for everyone and so terrorist took advantage of it. We cant relate bitcoins to terrorists in any case.
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Wind_FURY
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April 07, 2017, 07:25:09 PM |
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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
You cannot stop it, no matter how much you beg and plead. In my opinion it is better if it was used by criminals and terrorists. Disruption of the banking system is what we want as Bitcoiners right?
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Ameeta
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April 07, 2017, 07:29:47 PM |
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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?
That really doesn't matter the BTC used by whom. Money (every currency) also used by terrorist That doesn't decrease the value of any currency. So dear! No worry about the devaluation of bitcoin.
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NEWGOODOUBLE
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April 07, 2017, 10:53:46 PM |
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Bitcoin is not good or bad it depends in the users who uses it for good or evil. Dont blame an innocent virtual currency to the cruelty of human beings Many people will take advantage of bitcoin's decentralized and anonymous feature but bitcoin can be freely use by anyone even if you're good or bad.
Thats true, bitcoin will have a bad effect or whether it relies on users. there are many users in bitcoin and they have a goal each and maybe some of them using bitcoin for illegal activities
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btvGainer
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April 07, 2017, 11:04:51 PM |
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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?
Even fiat is used for bad things.Imagine if Han Sol and family were given gold instead of bitcoin, would you still be asking this about gold?. Would world leaders have tried to kill gols then?
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batang_bitcoin
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April 07, 2017, 11:31:02 PM |
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But it does not support the terrorist it is just that it is free for everyone and so terrorist took advantage of it. We cant relate bitcoins to terrorists in any case.
Yes bitcoin doesn't support terrorist but it is giving us freedom and everyone has the right to do so. Just like the real money, those people that are doing crimes are using it for buying their things so that they can keep on committing crimes and can live their lives with pleasure. The only relation of bitcoins to terrorists is that they can use it for buying their super weapons.
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Rent this sig space so that BTC goes to $100k.
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Janation
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April 07, 2017, 11:32:03 PM |
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Fiat and normal bank wire are being used by terrorist from long time ago and they have now started using bitcoin for transactions however bitcoin still only covers very little part of transactions in those organization. I don't care in what purpose bitcoin are being used as long as it can put few more million on bitcoin marketcap. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Bitcoin is nowhere to be blamed here. They are just using the feature of bitcoin which is really a great way to transact their bitcoin and use it wherever they want, whenever they want. And the fact that they are using bitcoin, is a good thing. But I just like the fact they use bitcoin, but do not like the fact how they use it. As you said, it will really help the bitcoin price to increase. Win win.
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Wind_FURY
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April 08, 2017, 01:30:31 AM |
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The question is very unfair, we know that US dollars and everything that has worth and value can be used for buying weapons. But we are all free to use whatever we want with our bitcoins. This is decentralized and freedom can be applied here it is why we don't care if those people are willing to use their btc for supporting terrorists, criminals and rebels. And where's the source of this news?
What do you mean the "question is unfair"? No one was trying to say Bitcoin is bad because terrorists use it. But it does show that Bitcoin is the perfect medium for value transfer that can be used by terrorists to move their money through the internet very easily. Not only that drug dealers, prostitution, illegal gambling and ransomware also love to Bitcoin.
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Sled
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April 08, 2017, 05:30:29 AM |
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Any kind of currency can be used to support terrorists not only bitcoin but also the fiat or the money that we are using. This kind of thing is not new because even in the last decades, some people use money to support terrorist and now there is a bitcoin that is anonymous and can't be traced and there is no doubt that it will be used.
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ranochigo
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April 08, 2017, 05:36:01 AM |
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Just a quick fact check, fiat is the main currency used to support terrorism. Nothing has changed right?
Bitcoin's market cap is far too low to finance a huge terrorist organisation. If it were to happen, rules imposed on exchange (AML/KYC) policies can help to prevent it. It is hard to purchase anything with Bitcoin without exchanging to fiat first.
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iram3130
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ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
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April 08, 2017, 05:46:53 AM |
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Just a quick fact check, fiat is the main currency used to support terrorism. Nothing has changed right?
Bitcoin's market cap is far too low to finance a huge terrorist organisation. If it were to happen, rules imposed on exchange (AML/KYC) policies can help to prevent it. It is hard to purchase anything with Bitcoin without exchanging to fiat first.
That's what I was thinking when I saw this question. The people who have tried transacting some big amounts through exchanges or other wallets. Without being converted to fiat it's near to impossible. We are not talking about small amounts here and as far as I know terrorist groups are not that patient who wait 24 hours to get a confirmation ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Amph
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April 08, 2017, 05:55:53 AM |
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Just a quick fact check, fiat is the main currency used to support terrorism. Nothing has changed right?
Bitcoin's market cap is far too low to finance a huge terrorist organisation. If it were to happen, rules imposed on exchange (AML/KYC) policies can help to prevent it. It is hard to purchase anything with Bitcoin without exchanging to fiat first.
not to mention that terrorist buying bitoin for their activity would actually support bitcoin, more than bitcoin supporting them i mean terrorist don't have any way to have bitcoin minus buying, if they were really using bitcoin, right now the price would be higher
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HarringtonStark
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April 08, 2017, 07:12:58 AM |
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Just a quick fact check, fiat is the main currency used to support terrorism. Nothing has changed right?
Bitcoin's market cap is far too low to finance a huge terrorist organisation. If it were to happen, rules imposed on exchange (AML/KYC) policies can help to prevent it. It is hard to purchase anything with Bitcoin without exchanging to fiat first.
not to mention that terrorist buying bitoin for their activity would actually support bitcoin, more than bitcoin supporting them i mean terrorist don't have any way to have bitcoin minus buying, if they were really using bitcoin, right now the price would be higher I believe it's being used ever since. In the deep web I see some contract killers for hire and you pay them bitcoins to kill me or other person, for example. I've heard some secret ISIS sites in the deep web too and anonymous is on high alert about these terrorist sites. I'm sure they are using bitcoin to fund their cause.
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gabbie2010
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April 08, 2017, 11:12:15 AM |
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Yes we can't' deny the fact that bitcoin can be used to support terrorists then it is necessary to monitor all forms of bitcoin transfers from one wallet to another. this will checkmate all forms of illegality.
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machinek20
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April 08, 2017, 11:47:29 AM |
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I am sure nobody want and agree bitcoin to support terrorist and it was never intended to made bitcoin to be used in illegal activities, but since bitcoin is acceptable and can be used as payment token so we cant deny that some people using bitcoin for bad things, and it is a bit unfair to keep on exposing bitcoin support terrorist, fiat is also used to purchased illegal thing and other bad activities
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Davkul
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I don’t care
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April 08, 2017, 12:37:35 PM |
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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?
Is this already happening? Most likely. You should see BTC as a normal currency, like € or $. Criminal organizations get paid in all currencies, cash or virtual, it doesn't matter. Did they kill € and $? No. Will that ever happen? No, that's simply stupid. So why would that happen with btc? I know what you mean with that, I know that you felt like asking this question because popular beliefs see Bitcoin as an illegal and nonexistent currency, but I honestly think that's never going to happen. They can't kill something big like btc.
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Xester
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April 08, 2017, 12:55:18 PM |
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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
You cannot stop it, no matter how much you beg and plead. In my opinion it is better if it was used by criminals and terrorists. Disruption of the banking system is what we want as Bitcoiners right? Even if we make some posters on billboards telling people to not use bitcoin in illegal activities or to support terrorism but that will do nothing. Everything will depend on the choice and the decision of a person. And so if that person will send bitcoin to the terrorists with an intention of rebelling against the states then we have no control over that. Bitcoin as a currency will not be free from such activity but let us not worry about that since the government is doing its job to stop all kinds of terrorism.
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