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Author Topic: Will bitcoin be used to support terrorists?  (Read 140871 times)
AngelSky
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April 22, 2017, 05:35:58 PM
 #181

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?
Just like US dollars are used for all illegal activities,bitcoin may also be used to support terrorists.We could neither control such things,nor we could blame bitcoins for that.Bitcoin is a decentralized currency created by satoshi to free people from banks.Its up to users how they use it.

Bitcoin has a higher chance to be used in illegal activities and terrorism because of some of its features such as being decentralized and can use even without submitting some identification forms. It is most likely being used in the deep web according to the article I had read.


Do you have any reference that use of bitcoin in any illegal activities or use of terrorism. Bitcoin is being decentralized because of political cause so don't connect that to this.
I noticed that you have read article for reference. If you please share to below my quote or PM to me. I share better info about it.
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April 22, 2017, 06:04:08 PM
 #182

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?

yes they can do it without a doubt. bitcoin is open for all those who wants it , invested on it and want to earn thru it. we cannot dictate other person to how and when they may need to spend it. decision is in their hands.
Agree with you mate, bitcoin has freedom to used by all people in the world, users can spend bitcoin anywhere they want if they want to used in bad things they can and bitcoin is not required to give full personal information of each user that is why it is possible for that scenario.
bitcoin is global and anyone can use it for any purpose like all other kind of money. yes it is a currency just like fait money and can be used by them as well. it doesn't have any restrictions for anyone and i think yes the possibility is there.
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April 22, 2017, 06:19:37 PM
 #183

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?

it's already happened now. So is this make bitcoin have negative news or decrease their supporter? I dont think so, people choose bitcoin because it's free money and decentralized. Just like in a real world, ppl used fiat money to do many bad things, so are they demand to money decrease? ofcourse not
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April 23, 2017, 06:46:27 AM
 #184

It is regardless of what a status of a person or a group/organization has to use bitcoins, even terrorist can even access it just to gain support financially. It depends on how the people use bitcoins be it for good or bad.It just gives them an alternative way to get the money for their activities and in doesn't mean that bitcoins supports them.



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April 23, 2017, 07:03:16 AM
 #185

In all honesty, bitcoin is very prone into being used as a gateway to send illegal funds to terrorists due to its pseudo-anonymous nature; it is much harder to track as to where the money really went even though everytime you send a coin it leaves some taints or trails which you can followâ€â€but that is easily prevented by using mixing services. Also, it is not new that weapons are being sold in exchange to bitcoins, so it might be that some weapons being used by terrorists are actually purchased using bitcoins.

But if you just replace bitcoin with $100 bills and you have the exact same answer. Bitcoins are just basically online cash. Technically you could always trace the serial number on a bill too (or at least banks or the government could).
People need more education on how crypto currencies work, how it makes life easy and that crypto currencies (bitcoin) is real money like yen, £,$,₹,¤,€,¥ no different in it be used for good like giving to charity organization, pay school fees of your children and services to gods or evil like finance terrorists, promoting porn, child trafficking and others evil in our societies.
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April 23, 2017, 07:05:25 AM
 #186

It is regardless of what a status of a person or a group/organization has to use bitcoins, even terrorist can even access it just to gain support financially. It depends on how the people use bitcoins be it for good or bad.It just gives them an alternative way to get the money for their activities and in doesn't mean that bitcoins supports them.

That is also one of the purpose why bitcoin is really popular these days, no matter how you use it, or treat is, it is up to you, even if using it illegaly or using it to support terrorists. Bitcoin users has their freedom to use it no matter where and when, you can do whatever with it, it depends on you. If it is used by the terrorists, it doesn't matter because they are also people who are taking advantage of the digital currency, we can't blame bitcoin or it's user, there is no one to blame.
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April 23, 2017, 07:16:32 AM
 #187

Claiming that bitcoins are totally used to support terrorists or illegal work is wrong.
Yes many might take use  advantage of bitcoins being decentralized in a negative way,
But this does not apply for all bitcoins have promoted competition among currencies.
Also many big trading Giants have already started using bitcoins.
So directly saying that bitcoins may be used to support terrorists is kinda wrong.
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April 23, 2017, 07:25:30 AM
 #188

Probably but we know that bitcoin is anonymous and free to use by anyone who wants to use and also including the terrorist they are allowed to use bitcoin and but we dont allowed them to do illegal transaction but we cannot stop them to do that because we know the law in bitcoin and it can use by anyone in the world and it gives you a instant payment in the world.
Yes so everything depend on the users of bitcoin what will do with bitcoin, it can be used for bad and good things
i hope the peoples who doesn't know about bitcoin, they doesn't blame bitcoin.
 If there are people who use bitcoin for bad things like support terrorist because actually bitcoin be made not for support terrorist
bitcoin be made for revolution of currency.
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April 23, 2017, 07:35:49 AM
 #189

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?
First of all, i don't know that Han Sol, the son of Kim Jong Nam using bitcoin well finally bitcoin can prove that it can be implemented for such a serious situation like this which is good for helping people to hiding or something. I personally think that bitcoin could be used to support terrorist or other criminals activity, we all know that at this time it isn't too hard to increase the anonymity of the bitcoin like using mixer, fully anonymity altcoin etc, so for those reasons, i must confess that bitcoin could be used to support terrorist activity but remember bitcoin can be used for good though for example Han Sol's case like op mentioned above.
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April 23, 2017, 07:45:55 AM
 #190

Probably but we know that bitcoin is anonymous and free to use by anyone who wants to use and also including the terrorist they are allowed to use bitcoin and but we dont allowed them to do illegal transaction but we cannot stop them to do that because we know the law in bitcoin and it can use by anyone in the world and it gives you a instant payment in the world.
Yes so everything depend on the users of bitcoin what will do with bitcoin, it can be used for bad and good things
i hope the peoples who doesn't know about bitcoin, they doesn't blame bitcoin.
 If there are people who use bitcoin for bad things like support terrorist because actually bitcoin be made not for support terrorist
bitcoin be made for revolution of currency.
The correct theses about the anonymity and unreachability of attackers
using bitcoin were voiced. We know the advantages of bitcoin and it
becomes clear that it will not be possible to avoid misbehaving by bad
people of these qualities of bitcoins, including terrorists. But if the state
is legalizing bitcoin, the situation will change. But you just have to agree
to their control.
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April 23, 2017, 07:53:23 AM
 #191

There is no way that we can have accurate estimation of number of BTC used to boost funding of terrorist.
If you ever see some data - you need to know that this was probably manufactured, made up, or inaccurate.
From what I know PayPal was used to found to fund terrorist activities in Indonesia, does that mean that we need to ban Paypal?
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April 23, 2017, 08:23:38 AM
 #192

yes bitcoin can be use to support terrorism and not only terrorism but anything illegal can be supported since it is anonymous and every transaction can not be trace it can easily support extremist activities, much easier now that the bitcoin started to accepts in some establishments as payment for purchasing something.

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April 23, 2017, 08:27:45 AM
 #193

yes bitcoin can be use to support terrorism and not only terrorism but anything illegal can be supported since it is anonymous and every transaction can not be trace it can easily support extremist activities, much easier now that the bitcoin started to accepts in some establishments as payment for purchasing something.
Bitcoin is pseudo-anonymous and can be traced. your post just doesn't make sense, and if i recall, there's very few revelant news that informing if bitcoin support terrorism

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April 23, 2017, 11:11:03 AM
 #194

yes bitcoin can be use to support terrorism and not only terrorism but anything illegal can be supported since it is anonymous and every transaction can not be trace it can easily support extremist activities, much easier now that the bitcoin started to accepts in some establishments as payment for purchasing something.
Bitcoin is pseudo-anonymous and can be traced. your post just doesn't make sense, and if i recall, there's very few revelant news that informing if bitcoin support terrorism

Well Bitcoin doesn't really support terrorism, bitcoin support everyone that has a bitcoin, and that is the community, bitcoin services don't have the knowledge in knowing who is the terrorist in the community they will just make transaction like that if there is one! certainly everyone can use bitcoin but it doesn't mean that bitcoin is supporting terrorism and people with an illegal transaction involve using bitcoin, well Fiat currency was certainly been use in illegal too, why does bitcoin is the only one to gets all the blame?
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April 23, 2017, 11:54:17 AM
 #195

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?

Let say that Han Sol was using gold instead of bitcoin, and may be he has some, do we say, now, that gold is used to support terrorism? Nobody could support something like that because rest of the people would laugh with him; Therefore, it's only rumors so as people to be convinced that crypto currencies are used only for illegal activities.
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April 23, 2017, 12:06:30 PM
 #196

Doofus.....he said it himself.
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April 27, 2017, 10:24:57 PM
 #197

Just like everybody saying here, it still depends on how people will use it. It can be used to support bad people but that's the drawback of having such a good currency. We can't control the ideas of people, we can't control how they behave and we won't​ know how they will use BTC. That's real talk and that's real world. Instead of blaming something or someone just be part of the something good. The wrongs of the world are clear, we know that. Be the one who fights for the good even if it caused your life. The good BTC must not be used in things like that.
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April 27, 2017, 11:33:17 PM
 #198

If i remember first the bitcoin was introduced to use it for silk route to deal the underworld mafia transactions, and then after the silk route was shut down by the government the bitcoin technology was leaked out and then it came to the real world and everyone started to enjoy it, not it is more like a online digital currency. So it is upto the users to use it which ever way they want just like fiat currency is also used by both good and bad ways. Then why only bitcoin is getting so much of attention
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April 28, 2017, 06:44:29 AM
 #199

Bitcoin is not really supporting terrorist to do many illegal transaction but some how the bitcoin has a feature that the terrorist can use in many transaction like bitcoin is anonymous,fast,you can buy all over the world, a digital currency you can but in every store or in online store because they accept bitcoin like illegal online store silk road, dark net.
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April 28, 2017, 06:57:32 AM
 #200

Doofus.....he said it himself.

It is hard to believe someone without any proof or solid evidence about this, though it is possible that bitcoin could be use by supporting the terrorist, but the big question here is who will support the terrorist? and going to use bitcoin for it? I guess it is a little hassle, they would rather use fiat for it, since it is just the same that they are going to support the terrorist.

The only thing is they are anonymous if they are going to use bitcoin, but, still, the bottom line here is they are going to be revealed in the end because there is no secrets that can't be reveal.
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