Will bitcoin be used to support terrorists?

[lousie9]

I have never had strong evidence that terrorists are connected with bitcoin transactions, as long as this is just a diversion of issues because in the middle east country all internet activity is restricted and tapped by western countries, there is no privacy they can freely use, If problems are directed to North korea then I can believe because this country closed all access the outside world with the progress of information technology.

[suvo05]

Because of it decentralised nature of BTC it is easy to use bitcoin anonymously . And it is used a lot in the dark webs as well. So there is always a chance that bitcoin to be used to support terrorist. But bitcoin is not the offender.

[Fireblade]

I have never had strong evidence that terrorists are connected with bitcoin transactions, as long as this is just a diversion of issues because in the middle east country all internet activity is restricted and tapped by western countries, there is no privacy they can freely use, If problems are directed to North korea then I can believe because this country closed all access the outside world with the progress of information technology.

yes i personally have mo idea that either bitcoin has any link with terrorists or not, but my personal view is that they may not have any connection with bitcoin because bitcoin is a new emerging currency and still most of the people do not know about it.

[sofrido7]

 Hello please I have problems in my deposed to poloniex I make maining in nanopool but when he send me etc in poloniex receive not my etc please where is the problem

[Gens09]

OP, believe me, you want that to happen. If you think "mainstream adoption" will take Bitcoin use to another level then you are gravely mistaken. It is the criminal, underworld use of Bitcoin that will take it to new heights in price and technology-wise.

Well,there is really rhis possibility that bitcoin be used to finance terrorist but who would want it. There cod always be ways even if it's not bitcoin. We can never put the blame on bitcoin and I think this shouldn't affect bitcoin's reputation.

[HasHe]

Not only bitcoins,any currency like USD could be used to support terrorists.Bitcoin is a digital currency and it is free to use for any one for any purpose,either good or bad.Bitcoin could not be blamed for that.If any one decides to use a crypto currency to support terrorists,then they may use zcash or monero for that instead of bitcoins since such coins provide full anonymity.

[dwieyani]

Bitcoin can be used all sorts of people, so this bitcoin can anyone use even terrorists can use bitcoin as their fund to perform its malicious actions.

[qwertyup23]

OP, believe me, you want that to happen. If you think "mainstream adoption" will take Bitcoin use to another level then you are gravely mistaken. It is the criminal, underworld use of Bitcoin that will take it to new heights in price and technology-wise.

Well,there is really rhis possibility that bitcoin be used to finance terrorist but who would want it. There cod always be ways even if it's not bitcoin. We can never put the blame on bitcoin and I think this shouldn't affect bitcoin's reputation.

Yes, it will not affect bitcoin's reputation but this will hinder the success of it growing on a international-scale due to the potential trading scheme of it. Remember that due to bitcoin's nature being decentralized, no one really controls the regulation and imposing of rules of bitcoins, thus making all trades and payments anonymous from one person to another. This poses a problem on the government on tracking monetary payment to terrorists and it is also possible for it being banned from different countries for security reasons.

[senin]

Since the crypto currency is relatively complete anonymity in transactions, it is possible that the digital currency will be used by bad people for their own mercenary purposes. However, the tragedy of this should not be done. Every thing, including a virtual one, can be used both for the benefit of the community and for harming the community. With this nothing will be done.

[Hydrogen]

If state surveillance groups tracked down BTC-E money laundering, they should also be able to track down money laundering transactions in crypto by terrorists, drug cartels and other illicit groups.

The claim of crypto obfuscating transactions making them impossible to track no longer applies, assuming it ever did.

If an evil genius deigned the perfect currency for criminals, it likely wouldn't have a public ledger the way bitcoin does. The arguments of bitcoin being designed for use by criminals reflects more propaganda than real world data.

[smileee]

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?

May. Because when Bitcoin transactions users do not need to disclose personal information. Criminals will take advantage of this to be illegal.

[jonggrang]

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?

All people can use Bitcoin, include terrorist also can use it. but the problem is not on BTC,  but the people that use it. because there's no security check for the bitcoin users, which one is good people and which one is not.

[serjent05]

Since it is hard to track where is the location of the sender and receiver of bitcoin then it can be an advantage for the people who will use bitcoin for bad purposes such as supporting the terrorists because they have the confidence that they can't be tracked down so they will just use bitcoin without having any doubts or even fear.

It may take sometime but I know FBI claim that they can track bitcoin user as long as there is a connection between the identity of the suspected address to the persons identity.  Bitcoin is not fully anonymous and the ledger is very transparent .  This means, bitcoin movement can be tagged and eventually track the person using it. But we cannot remove the fact that Bitcoin or any kind of currency can be used if the person wanted to, to support terrorists.

[seattletu]

If state surveillance groups tracked down BTC-E money laundering, they should also be able to track down money laundering transactions in crypto by terrorists, drug cartels and other illicit groups.

The claim of crypto obfuscating transactions making them impossible to track no longer applies, assuming it ever did.

If an evil genius deigned the perfect currency for criminals, it likely wouldn't have a public ledger the way bitcoin does. The arguments of bitcoin being designed for use by criminals reflects more propaganda than real world data.

I cent percent agree with your views on this topic.More over it is true that no one can stop bad, even though how many N number of precautions you take against it.The logic behind it is there is no existence of  GOOD with out this BAD.

[Skieleton]

If state surveillance groups tracked down BTC-E money laundering, they should also be able to track down money laundering transactions in crypto by terrorists, drug cartels and other illicit groups.

The claim of crypto obfuscating transactions making them impossible to track no longer applies, assuming it ever did.

If an evil genius deigned the perfect currency for criminals, it likely wouldn't have a public ledger the way bitcoin does. The arguments of bitcoin being designed for use by criminals reflects more propaganda than real world data.

Tracking is one thing, but recovering money from BTC is practically impossible if you do not have the keys. That is why it is becoming more and more popular. Money is easier to detect ...

[metenjean]

IMO it could, but so do other currency, for now on btc might be a bit untracable and it used networks rather than online payment which used banking transfer.
But hey terrorrist around the world use cash eg; dollar,euro, even oil to trade and gaining profit. So if they found other sources that would make them feel safer then why not 

[FromTheStars]

Just as much as the dollar is used to help terrorists.

[fanita]

Lots of money used by terrorists to do the things they design, even bitcoin can also be used because bitcoin is so common that anyone can use to support terrorists.

[Quietman]

It's not really bitcoin that is bad but the people uses it for terrorism purposes. No one can control anyone if how are they going to use bitcoin. Since it is anonymous, no one would know how a person uses it. It depends on the motive of that person. We always have this freedom but let us not abuse the freedom we have just to support evil.

[gidaahmad]

Well, this is a weakness that has something common. Because Bitcoin can be used by everyone and its privileges, many people use it for crime. It is sadly there are still people who commit crimes with Bitcoin guarantees. A recent example is Ransomware.