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Author Topic: Will bitcoin be used to support terrorists?  (Read 140871 times)
Washball
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March 02, 2018, 07:58:03 PM
 #521

Of course Bitcoin can be used for all sorts of criminal activities. Being decentralized makes it even more attractive for people planning criminal activities. But that's no reason to blame on Bitcoin. If criminals or terrorists use US dollars, no one blames the dollar for that. You don't ask: will the euro or the dollar be used to support terrorists.

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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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March 02, 2018, 08:07:28 PM
 #522

Bitcoin are used as a stored value and peer to peer payment. Anyone can use Bitcoin, not to say lawyers or terrorists.

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March 02, 2018, 08:10:32 PM
 #523

Crypto-currency and, in fact, bitcoin do not participate in the maintenance of terrorists. People are involved in this, and for them it does not matter how to support terrorists.

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March 02, 2018, 10:21:15 PM
 #524

I really think,that such big price of bitcoin because of terrorists who use it for their bad business!
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March 02, 2018, 10:51:53 PM
 #525

Bieng terrorist in country is a bad influence to the civilians it may cause a protest to the goverment. The goverment will find a way to stop the bitcoin because it is the reason why some terrorist have a strong believe and supported by some people by using bitcoin it can affect for the others has a good intention in bitcoin.

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March 02, 2018, 10:56:02 PM
 #526

this will not make bad bitcoin popularity, apart from that everyone's freedom to use the bitcoin is the same and you can not refuse it because bitcoin users are from all over the world. that's what the negative effect of bitcoin is. but you do not see with one eye impact the positive too much.
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March 02, 2018, 11:19:27 PM
 #527

Of course, the crypto currency will be used by criminals to commit crimes. Nobody denies this. They always use advanced technology for this. Well, what of it? Any money is used by criminals, but still nobody tried to prohibit because of this money.
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March 02, 2018, 11:28:55 PM
 #528

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?
Even if the thing is good bad person will used it in bad. There are many positive characteristic of bitcoin but if the user use it in bad, we cannot blame bitcoin. A good example is bank. Bank is good but becomes bad when used by criminals and corrupt politician. If's that the case, will the government stop the bank? Same in bitcoin if it used in bad the person should be punished not the bitcoin itself because it is made to help.
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March 03, 2018, 08:19:19 AM
 #529

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?

Though  most of us already knew the answer to this question let me just share my thoughts on this...

Actually, There's no stopping if evil doers use bitcoin to support terrorists, same as how we are using bitcoin for our personal gains, since bitcoin is decentralized, which is open to anyone and very difficult to be traced which would be convenient for them to make transactions, so it is not impossible. One good thing about that is if more of them use bitcoin it would contribute to the increase of its value. However if there's a widespread news that bitcoin were widely used for illegal transactions, of course, it would negatively affect not only bitcoin but all of us, and I am not sure as to what would be the actions that the government would take in order to stop them (terrorists) from using bitcoin that might greatly affect as all.
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March 03, 2018, 08:25:06 AM
 #530

Bitcoin can be  used by anyone and for anything. I'm afraid that's the sad part. It's really unpredictable what Bitcoin can be used for. Let karma deal with the rest.

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March 03, 2018, 08:27:18 AM
 #531

Of course, the crypto currency will be used by criminals to commit crimes. Nobody denies this. They always use advanced technology for this. Well, what of it? Any money is used by criminals, but still nobody tried to prohibit because of this money.

Yeah, criptocurrency will be widely used for criminals. However, US dollar is also widely used for this pupropse. So I don't see any problem from this side - any currency could be used for criminals

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March 03, 2018, 08:34:27 AM
 #532

As Bill Gate has said, Bitcoin is the precursor to the work of selling drugs and raising criminals. Correctly, criminals are essentially providing each other with Bitcoin and altcoin, because crypto market accounts are anonymous, and they can be freely exchanged without any government control. So we can say Bitcoin a lot of support for criminals.

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March 03, 2018, 08:39:00 AM
 #533

I think bitcoin might be the best way to buy by something in black market because its untraceable and very safe to transact how much more in terrorist where always do illegal jobs all of there lives... The terrorist would be very happy on having a bitcoin but if the bitcoin price is unpredictable then theres still possibility that they will not use bitcoin.
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March 03, 2018, 08:45:07 AM
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 #534

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?

Your idea about the willingness of these world leaders to kill btc to make sure they can fight terrorists really sucks!

If they really wanted to fight these terrorism, they will probably start this in targeting those financiers which supports these terrorists.
With regards to your idea if bitcoin can use in negative way, it is surely possible and is happening even before in darkweb. Actually, not only Bitcoin can use in negative way but every currency also. It really dependent on the person who controls it.

and stop arguing about negative news will result to price drop, it really sucks!                

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March 03, 2018, 08:59:32 AM
 #535

 Sadly ya I do agree people could use Bitcoins for shady purposes, but that's very small amount of people not all do. These are kind of people get the Bitcoin community  the bad name.The news that they get is usually from some dude who didn't even research what Bitcoin was about and just decided to banter on the subject in a negative matter.
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March 03, 2018, 09:00:40 AM
 #536

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. 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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March 03, 2018, 09:01:50 AM
 #537

 Satoshi Nakamoto created these digital currency so that we can have freedom about our money and send it efficiently throughout the world. In this way we can stop the use of bitcoin in bad thing and we will finally support the bitcoin in really way .
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March 03, 2018, 09:03:13 AM
 #538

Supporting terrorists using bitcoin, for me its conceivable since after searching internet reading some news about some people using bitcoin to purchase weapons similar to what some terrorist groups are using then it’s highly possible that there are people using bitcoin to support and fund terrorists. Bitcoin are also much harder to trace when using it doesn't leave enough trails to follow where its been sent and to its identity sent to.
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March 03, 2018, 09:07:36 AM
 #539

lol. all money can be use by the terrorists and bitcoin will kill just like that? how ridiculous is that maybe its use because its easy by the terrorist to transact money with bitcoin but its not the point they use the all kind of money by kill people and government can take action with that? no! even they use all digital money it does not affect what people believe and they will continue to invest with btc.
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March 03, 2018, 09:08:12 AM
 #540

That maybe one of the reasons why bitcoin has not been regulated yet and legalized until the present because of course I'm sure that came across every governments mind, what if that will happen. And it is possible to happen because of its anonymity, thus making illegal transactions untraceable.
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