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Author Topic: Will bitcoin be used to support terrorists?  (Read 140917 times)
Kotone
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June 22, 2017, 05:17:15 PM
 #321

There's a big chance that bitcoin is being used to support terrorists or much probably they are already using it. Today's terrorists are well equipped with intelligence and information and skilled personnel. It is easy for them to transact beyond the reach of the Government itself. Also, Most the financers are not willing to risk their anonymous status to show their support. That's why they are looking for new way of hid there transactions.

Probably, we cannot decide on what they would be spending  bitcoins. I think that it happens now in another countries as well.  We hopes that they would not join any terrorist and they will make bitcoins to be their fund, the reputation of bitcoins maybe in the going to low if it will happen. Just choose the right path guys.

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June 22, 2017, 05:30:31 PM
 #322

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?
Bitcoin was an open source to anyone who will get interest into bitcoin. Now if one or some of the terorist has knowledge in bitcoin and know how to use it, bitcoin doesn't know if we use it for good or bad purposes. Meaning, my answer is yes!
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June 22, 2017, 05:52:33 PM
 #323

Because the bitcoin properties of anonymous then bitcoin can be used negatively.
I hope not many bitcoin users are bad guys.
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June 22, 2017, 05:55:26 PM
 #324

There's a big chance that bitcoin is being used to support terrorists or much probably they are already using it. Today's terrorists are well equipped with intelligence and information and skilled personnel. It is easy for them to transact beyond the reach of the Government itself. Also, Most the financers are not willing to risk their anonymous status to show their support. That's why they are looking for new way of hid there transactions.

Physical cash is the most anonymous way to transfer payments and groups such as ISIS have been using it for their operations ever since its formation. Bitcoin is very hard to trace (but not impossible to do so), but when you convert the Bitcoins to fiat cash, this anonymity is lost. That may be one of the reasons why the terror groups have shown little interest in BTC till now.
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June 25, 2017, 12:02:41 PM
 #325

Just like US dollars,bitcoin is free to use for every one.Either it could be used for good or for illegal and terrorist activities.If terrorists want to use bitcoins,they have much better choice like Monero and Zcash which provide full anonymity.Bitcoin transactions could be easily traced since it is pseudo anonymous.
just like any other currency, terrorist may free to use any currency that they consider suitable to use, but in fact bitcoin is not yet so much popular and may be the terrorist are not so much educated to use computer and internet for using bitcoin.
Yes, it is true that bitcoin is anonymous and could be used in terrorist activity. In past it had used in terror activity but every problem has a solution in future there will be a system in front of us which will give us the safe way to use bitcoin for all purposes and will prevents from using bitcoin for terrorist activities.

Citation needed for this.
Any real proof that a major terrorist network has used bitcoin to avoid anti money laundering policies and has successfully used bitcoins in it's organization?

And you system will go against everything that means bitcoin.
Are you going to regulate and deny transactions in the block chain?
You will first destroy bitcoin rather than stopping terrorist.




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June 25, 2017, 12:13:30 PM
 #326

Theres a possibility. But i think governments can monitor them. Since KYC policy is implemented. But terrorists can buy thru deepweb. There are selling weapons on black market on deepweb. Most of sites there are accepting bitcoin as payment. So the possibility is high.
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June 25, 2017, 02:28:26 PM
 #327

Since Bitcoin is free to use we can't ask every single person to stop using bitcoin to do bad things or what, they can do whatever they want it is not impossible for that to happen, bitcoin was not created for that purpose but still its a matter of choice, i think they try to make bitcoin shut down if they are aware of it being used to support terrorist.

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June 25, 2017, 02:39:30 PM
 #328

Theres a possibility. But i think governments can monitor them. Since KYC policy is implemented. But terrorists can buy thru deepweb. There are selling weapons on black market on deepweb. Most of sites there are accepting bitcoin as payment. So the possibility is high.

There is no of moniter on bitcoin as it is been anonymous. I don't think terrorists are using bitcoins for illegal activities. Actually people being in position as minister and president in the government only saving their corrupted money in the international banks and as bitcoin as well.
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June 25, 2017, 02:40:01 PM
 #329

US Dollar has more blood on it than bitcoin will ever have. Everyone who claims that Bitcoin is primarily a tool used by terrorists or criminals is 100% hypocrite and bigot.
I am really afraid that in the future when USA will try to fight with free money, this idiotic argument that Bitcoin=asset for terrorist will be exploited and Sheeple will eat it.
US government used to support terrorist for many years, CIA officials are responsible for creating ISIS, escalating conflicts in the Middle East and everything that follows.
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June 25, 2017, 03:02:39 PM
 #330

I don't think bitcoin is used for some illegal activity at last for exchange bitcoin as currency or any goods there will be varification without proper varification hard to withdraw bitcoin money . Even if any suspicious transaction can be traced .
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June 26, 2017, 02:04:06 PM
 #331

Theres a possibility. But i think governments can monitor them. Since KYC policy is implemented. But terrorists can buy thru deepweb. There are selling weapons on black market on deepweb. Most of sites there are accepting bitcoin as payment. So the possibility is high.

Really?
Do you think a terrorist group might be able to buy enough weapons from deepweb to support it's actions?
You know how much ammunition they would need to buy just for some small skirmish?
Who will go to the post office and send 8kg of ammunition? You would have to be a total moron to do it.

It's far easier to just use cash in person rather than spend money and time on fake papers and to trust guys on deepweb which might be undercover cops.And yes, there were a lot of seller accounts created by the FBI on all major darknet markets that went down.

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July 07, 2017, 02:52:37 AM
 #332

It can be used by terrorist or other bad organization.But bitcoin is not bad.It can used by everyone.I say that terrorist are problem therefore what are they used is not problem.

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July 07, 2017, 03:15:55 AM
 #333

It can be used by terrorist or other bad organization.But bitcoin is not bad.It can used by everyone.I say that terrorist are problem therefore what are they used is not problem.

agree with you, with anonymity of bitcoin, every people can used bitcoin no matter he is related with terrorist or not. but i think if we can make a good thing with bitcoin then why should we make it for bad thing? its still better to do a good thing in our life and make decent of money for our life and make our life is worth.

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July 07, 2017, 05:18:16 AM
 #334

It can be used by terrorist or other bad organization.But bitcoin is not bad.It can used by everyone.I say that terrorist are problem therefore what are they used is not problem.

agree with you, with anonymity of bitcoin, every people can used bitcoin no matter he is related with terrorist or not. but i think if we can make a good thing with bitcoin then why should we make it for bad thing? its still better to do a good thing in our life and make decent of money for our life and make our life is worth.
That's beyond the system control anymore, bitcoin is just a tool and it has its fixed function but if a person will decide to use
it for illegal activities then it is his choice and it cannot be blame with bitcoin.
If paper money is used for illegal activities like terrorism, how much more bitcoin which is more advance.

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July 07, 2017, 05:21:56 AM
 #335

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?

This is one of the reasons why I hate the media, they turn a new currency that is available to everyone to use, and they just paint it in such a bad way, people who are clueless about bitcoin will just hate it. Why are there never any news about "terrorist bought weapons with cash" because it isn't interesting for the public, the only reason why bitcoin was mention here, was to catch people's attention and we all know how powerful the media is. Why does the media address bitcoin as the issue, but not terrorism here. This is really starting to piss me off.

 
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July 07, 2017, 05:28:37 AM
 #336

Because the bitcoin properties of anonymous then bitcoin can be used negatively.
I hope not many bitcoin users are bad guys.
You are right, actually bitcoins can be used for support terrorists and other illegal activities
because bitcoins is for all of peoples good or bad guys all of peoples can use bitcoins
 but if bitcoins be used for bad something are like support terrorists, money laundering and other
we can not blame bitcoins because everything depend on the user's bitcoins.
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July 07, 2017, 05:33:30 AM
 #337

Well, we don't know about that, but it might happen. I mean, the terrorists can easily use bitcoin as the payment for buy some weapons because it's anonymous and it's easy to use bitcoin and only need internet to transfer the money.
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July 07, 2017, 05:44:11 AM
 #338

It can be used by terrorist or other bad organization.But bitcoin is not bad.It can used by everyone.I say that terrorist are problem therefore what are they used is not problem.

agree with you, with anonymity of bitcoin, every people can used bitcoin no matter he is related with terrorist or not. but i think if we can make a good thing with bitcoin then why should we make it for bad thing? its still better to do a good thing in our life and make decent of money for our life and make our life is worth.
That's beyond the system control anymore, bitcoin is just a tool and it has its fixed function but if a person will decide to use
it for illegal activities then it is his choice and it cannot be blame with bitcoin.
If paper money is used for illegal activities like terrorism, how much more bitcoin which is more advance.

i am agree with you and in my mind, bitcoin is independent, not related with the good or the bad thing. only user will know what he want to do with his bitcoin. bitcoin itself is only a tool and everybody can used it by free even for just owning in their wallet. i think bitcoin and fiat is the same, is only user that could determine what is the function for him self.

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Warry
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July 07, 2017, 12:49:32 PM
 #339

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.
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July 07, 2017, 01:15:18 PM
 #340

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.
Actually no one knows about it. Because nobody knows about a person's goals in the transaction because of decentralization so nobody will know. So many people just guess about terrorists who use bitcoin in their transactions Just because the bitcoin is anonymous
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