Will bitcoin be used to support terrorists?

[Troysen]

 well bitcoin can be used in whatever manner, and controlling how people use BTC can be tough as you cant trace all the activities its involved in, i however agree that if its heavily used in funding outlaw activities, the governments may have a crack on it, but regulating its use is almost impossible.

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[masumhossain]

Well its actually happening. Cashflow have find a new way or we can say comventional money supply chain has been interrupted by the new invention of modern science which we know as blockchain system. Blockchain is an open source and independent which ensures people to maintain their transections independently in sense no one doesnt required to answer anyone for the source of income or for the purpose of income.
Which basicially helping terrorist in a good way so that they can keep up the money supply to gear up their terrorist act.
For example arms dealings are way much easy. Donation can be sent from anyone or any part of the world.
ISIS and groups like taleban needs a secure way of doin transection in sense of without getting caught. Cause this guyz are living with us. May be one of them is leaving in your or mine next door.
This block chain technology or btc help to main the privacy of their identificstion at its best.
So why not use such a wonderful creation. Everybody maintsin their safety by his own best.

[weblouartisan]

Terrorists are always trying to fnd the new awys for funding their activities. That is why are they also watching new technologies and trying to keep the step.
I think I've read somwhere that bitcoin was already used for financing terrorism and I wouldn't be surprised if that it' true. It's much more convenient way than using fiat currencies. Also, financing terrorism or better to say to stop it is one of the reasons why exchanges have so strict policy.

It is possible that bitcoin will be used to support terrorist because anyone can use cryptocurrency, in this way they can really be hard to find and since it was a digital currency then nbi will have a hard time to trace the transactions and governments are avoiding this problems.

[Biomech]

The largest source of funds for terrorists are governments.

Period. No exceptions exist.

Abolish central government, and both their raison detat and funding will dry up.

[baconlike]

well bitcoin can be used in whatever manner, and controlling how people use BTC can be tough as you cant trace all the activities its involved in, i however agree that if its heavily used in funding outlaw activities, the governments may have a crack on it, but regulating its use is almost impossible.

To have a Bitcoin transaction control measure is unlikely. The government is not competent to do this. I think nothing can prevent criminals, do not blame it all for Bitcoin. Due to the anonymity of Bitcoin they are capable of attracting so many people, so they just existed and developed to this day.

[rainezerr]

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 can really support terrorist because cryptocurrency is just the same as fiat and it can be used for both good and bad, so people should always use cryptocurrency for good like to sustain their daily needs in order for bitcoins to be legalize on every country.

[OhhaniMaria]

How ridiculous    , yeah they can if they wanted but is in the world of BTC Really define people?

[miyong]

The terrorist can use btc with their wrong doings because  nobody can control the flow of in and out of btc.  They can get their fund by sending them the cash from their supporters. That is not proper but that is possible to happen.

[Genosx]

I don't think so if terrorist will patronize bitcoin because there's a lot of procedures in using bitcoin. What I surely know is bitcoin is made for everyone.
Anyone can use it and enjoy it. We also have both rights to use it eventhough you are a good person or not.

[Sar elok]

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?

Abusers bitcoin can not we anticipated. Same with drug abusers. We can condemn them, but not with the gusto they abuse drugs or bitcoin. Remove circulation bitcoin can never kill the terrorists.

[waichi]

I don't have any proof but that could be possible. With anonymity feature, sending Bitcoin to someone will give no identity. And I think Bitcoin has been used before for purchasing illegal stuff in the black market, that's according to the documentary I have recently watched. I guess that's happened or maybe that's still happening.

[twitami1]

Terrorist groups collect money, usually for combat operations, propaganda, training and recruitment. The fight against money laundering and efforts to combat the financing of terrorism has undermined the ability of these organizations to use some traditional methods of fundraising, the report says. But it is also noted that these organizations can adapt to certain methods of pressure, so authorities should continue to monitor the use of traditional methods of financing by terrorists.

[bobq]

Linking Bitcoin to crime is one of the most stupid things which now and then somebody does. Thieves, cheaters, terrorists, bad people will always use whatever tools exists for their bad actions. Be sure that until now they have used by far more dollars than Bitcoins.

[Rayakitty]

If bitcoin is properly used to support the actions of terrorists, then I'm sure bitcoins can be blacklisted in countries. In order for the use of bitcoin does not develop in their countries. Because the government would be worried if bitcoin is also a place for transactions for terrorists, it will make more terrorists popping up and acting with bitcoin. This makes the bitcoin situation even more threatened and the price goes down. And the government will be more excited to kill bitcoin as their way of combating terrorist acts.

[crustycrab666]

If bitcoin is properly used to support the actions of terrorists, then I'm sure bitcoins can be blacklisted in countries. In order for the use of bitcoin does not develop in their countries. Because the government would be worried if bitcoin is also a place for transactions for terrorists, it will make more terrorists popping up and acting with bitcoin. This makes the bitcoin situation even more threatened and the price goes down. And the government will be more excited to kill bitcoin as their way of combating terrorist acts.

Therefore, depending on the user. Most governments are worried about the misuse of bitcoin as an illegal activity, one of which is terrorist financing, then the restriction of bitcoin is used, for example, it is only allowed to be used as an asset and prohibited if used as a means of payment.

[xiboothrezi]

Linking Bitcoin to crime is one of the most stupid things which now and then somebody does. Thieves, cheaters, terrorists, bad people will always use whatever tools exists for their bad actions. Be sure that until now they have used by far more dollars than Bitcoins.

Yep, all things can be used as a crime tool if the use of it is a criminal. It's just that bitcoin is something new, so when there is such an issue it will be in a massive blow up. Thus, it appears that bitcoin is very easy to use as a crime tool, whereas fiat also has the same chance.

[gtx1060aa]

As you later came to your senses, bitcoin is actively used already at present with the purpose of money laundering, arms purchases and much much more

[n0ne]

Linking Bitcoin to crime is one of the most stupid things which now and then somebody does. Thieves, cheaters, terrorists, bad people will always use whatever tools exists for their bad actions. Be sure that until now they have used by far more dollars than Bitcoins.

Yep, all things can be used as a crime tool if the use of it is a criminal. It's just that bitcoin is something new, so when there is such an issue it will be in a massive blow up.

When something makes work easier, it gets used in different activities. When it comes to bitcoin, this has been a source for anonymous transaction which is much helpful for the terrorists. In this regard bitcoin is used for criminal and terrorist activities. One more thing, compared to the past now this has decreased a lot.

[EfterlysT]

The use of bitcoin is very easy and also anonymous. This is what makes bitcoin very much in demand, including terrorists who want their identities unknown. Sometimes I also think that in addition to the benefits of bitcoin can also lead to crime. So it all depends on ourselves and also how we use bitcoin appropriately.

[PointHope]

The thing to remember is that the USD funds the largest terrorist organization on the planet; the USA Federal Government.