Crypto is a poor form of money for terrorists.

[MbakNarti]

Terrorists have existed and developed before the existence of crypto, and they are generally involved in buying goods for their activities using fiat money. I think it is true that crypto is a form of money that is bad for terrorists, because not all goods that are their main needs can be purchased using crypto, and the existence of crypto does not benefit terrorists, but benefits those who make money laundering, crypto must protect himself from the presence of individuals who tried illegal activities such as money laundering using crypto.

[osmo]

I agree, Crypto is a form of money that is bad for terrorists. I, we terrorists use fiat currency, although many say that it is used for terrorist funding, and I am a hoax, such news is deliberately made to drop bitcoin

[Koenraad Lange]

Maybe there are some people love to use bitcoin for illegal activities it doesn't mean bitcoin is responsible for that. Bad guys also can use fiat currency for an illegal purpose.this is one the reason for banning bitcoin in many countries but in reality, bitcoin is the source for making development.

Terrorists do not always use crypto money to finance their activities, because of terrorist financial sources from various sources. One of them is interbank transfers disguised in business transactions using accounts of companies that have legal businesses. Or manage a company where profits are obtained for terrorist operations. Crypto money is only one of them.

[Bitdressa]

yes, of course because the terrorists only prioritize cash do not need crypto money because the crypto money can only be accessed by users except the hackers who really understand how to process cryto money which really needs to be exchanged in advance.

[oktana]

Inter-country bitcoin transactions will never succeed in their country, but I think terrorists get the units they want from a structured process, they only get their will in the form of actual goods, while there are active funders who have branches in other countries as a liaison , and funders are people who use real bitcoin. so their system runs so complicated because it is not direct between countries and between buyers and sellers.

[Nnedaddy1]

I agree in part with your assertion here.
Terrorists sponsors seem to be more at home with using cryptocurrency in carrying out the activities.
With cryptocurrency they can wire a large sum of money away from the prying eye of the government.
Although those of them that carry out the attacks may not familiar with cryptocurrency but their coordinators prefer cryptocurrency because of the leverage it gives them and the anonymity too.

[efffgin]

It is not used mainly for terrorist, they use any form and sorts of currency just to get money. Unfortunately it cannot be stopped and cannot be controlled. Crypto is not made for them it is just we nobody can handle them in any type of market

[KuyaBreezy]

In fact, bitcoin and other cryptos need network access to be used, which would be extremely dangerous for extremists since they can be traced easily, even if most cryptos are anonymous, equally, cash is always better and safer for them, so those excuses of terrorist financing are absurd.

[sikkan]

I doubt terrorists are interested in crypto. The price of it so unstable and unpredictable that they would be in a high risk of loosing their money.

[ardhigalau]

Give proof and you have the right to talk that bitcoin has been used for terrorist activities, if there is no evidence then you only brag.

[OrangeII]

I doubt terrorists are interested in crypto. The price of it so unstable and unpredictable that they would be in a high risk of loosing their money.

well, basically this can make a loss for anyone who uses it. I am sure, they also need certain things, and still use Fiat to transact. but I'm sure, some organizations like that also use crypto to make transactions. well, we know that crypto transactions are quite difficult to track.

[coinsycrip09]

I doubt terrorists are interested in crypto. The price of it so unstable and unpredictable that they would be in a high risk of loosing their money.

i think that too, because surely they will experience some losses and they don't want it to happen.

but there have been several articles that state that terrorists also use crypto as a transaction tool because they don't want to be tracked and using crypto is the most appropriate for that. i don't know the news is true or not, until now no one can prove it.

[jikurpa]

It’s true underworld peoples are using crypto for their internal transaction because no one can control this crypto market even government also can't control this market. That’s why al Qaeda and Islamic State and other terrorist groups are using crypto.

the development of technology is indeed very influential and in my opinion the development of technology is good and bad the results depend on the intention and purpose of the user because of course there is no limit and the bond is free to do

[ansarose1]

Although there would be a case scenario that terrorist uses cryptocurrency for their transactions but most of the time its the fiat currencies they used to. Cryptocurrency now is broad and widely influencial thus it has an advantage and disadvantage. One of the disadvantage is that it can be use for transactions by the terrorist. That's why some of the country are not allowing bitcoins and crypto currencies.

[blocklancer8]

Yes, crypto is not suitable for terrorists who in fact they prefer fiat. But also thinking of the people behind the sausages who funded these terrorists, they could also use Crypto as their business.

[bitbunnny]

There is no actuall proof that terrorists are not using Bitcoin or any other cryptocurrencies. From few news and articles there were some information that they tried to abuse Bitcoin debit cards for their activities.
But I guess crypto is still not enough convenient for their financing, takes too much time and risk and it's not so reliable as fiat money. I guess that some weapon dealers wouldn't be so happy with payments in Bitcoin.
But that doesn't mean there is no danger from terrorist abuse of cryptocurrencies and we have to be aware of that.

[Bonsaiav]

It’s true underworld peoples are using crypto for their internal transaction because no one can control this crypto market even government also can't control this market. That’s why al Qaeda and Islamic State and other terrorist groups are using crypto.

If it's true that cryptocurrency's used by terrorists, when do they transact?, and why does a large amount of media only write $?. It means that clearly, $ still dominates the number of transactions that they do.
Please don't align the Islamic state into this problem, because it's not only Islamic countries that use crypto.

[saumang2m]

At this time very few people around the world know crypto currency. Which is the reason. So far many countries have not adopted crypto currency. From which this money could not have become as famous as it should have been. So, there is no value of this currency for terrorists also.

[Bessta]

Terrorists also hire financial experts and they have a pool of all kinds of technical people so i surmise that  cryptos are not poor form of money for terrorists for like other ordinary people, they also invest on cryptos and use them in their budinese transactions.

[kabum21]

Who would say, terrorists in the mountains do not have access to the net, or at least not to those they would need to raise sufficient funds, in fact, there is a news about a terrorist group making a kind of gofundme, supposedly did not go well at all.