between terrorists, banks and crypto

[MAJICOIN]

Crypto is easy and useful to every one but due to decentralized form it can be use by every one and banks can also use this but they hesitate to keep this for long term and that's why banks not trust it fully it is easy for every one to come into the  crypto world and it is more important for the present time to keep an eye on market and find the best time for investment if you use online betting you can use it. Banks are dealing in cash which is physically in their possession they use gold and real estate for mortgage as well.

[MainIbem]

It beats my imagination when people say bitcoin is used to fund terrorism. The simplest question is, which is older between terror and bitcoin? Obviously it is terrorism. So before the advent of bitcoin, how was terrorism funded?

[mohammedmattar]

Foolish nonsense
All these arguments apply to banks with distinction
Money laundering for senior officials, terrorist financing and arms trade are all activities that are financed through banks
With this inverted logic we have to call for the closure of all banks.

[leetcoiner]

We heard that crypto is often used for terrorist funding, but according to IOCTA in 2018, such an assumption is wrong.

Today, the popularity of Bitcoin is getting better, but the relationship with terrorist funding, they prefer the classic method of transferring through banks.

so, terrorist groups that use bitcoin are only low level transactions.

Time passes, but nothing changes. It seems to me terrorists use cash or transfers in banks, through third parties or employees of these very banks. Surely there are internal structures of implementation, to suck the internal data of such huge corporations, which are subsequently used for terrorist purposes.

[rafi035]

We heard that crypto is often used for terrorist funding, but according to IOCTA in 2018, such an assumption is wrong.

Today, the popularity of Bitcoin is getting better, but the relationship with terrorist funding, they prefer the classic method of transferring through banks.

so, terrorist groups that use bitcoin are only low level transactions.

in my opinion all can happen if bitcoin can be used by anyone anywhere and for whatever good or bad the results of bitcoin depend on the intention and purpose of the investor itself

[Sirait]

We heard that crypto is often used for terrorist funding, but according to IOCTA in 2018, such an assumption is wrong.

Today, the popularity of Bitcoin is getting better, but the relationship with terrorist funding, they prefer the classic method of transferring through banks.

so, terrorist groups that use bitcoin are only low level transactions.

this is the advantage of Blockchain technology, so what people who dislike Bitcoin say is foolishness, terrorist funds will be easily tracked if they transfer or send via Bitcoin. I really hope that a change in the bad mindset about cryptocurrencies will quickly occur, so cryptocurrencies can be accepted all over the world and used.

[aliceHortrex]

We heard that crypto is often used for terrorist funding, but according to IOCTA in 2018, such an assumption is wrong.

Today, the popularity of Bitcoin is getting better, but the relationship with terrorist funding, they prefer the classic method of transferring through banks.

so, terrorist groups that use bitcoin are only low level transactions.

I saw an article about a terrorist organization using bitcoin to conduct its operations. And I asked myself, how did the people who revealed this information find out? Bitcoin is completely anonymous and no data (including IP address) does not give about the user. How did the armed forces know that they were terrorists?

[AimHigh]

We don't know if that is right because right now using technology nothing is impossible regarding of that. As I think yes terrorist can use bitcoin or any cryptocurrency for their findings and we didn't know that is for terrorist fund because right now bitcoin was using any individuals for funding and any transaction. Even banks terrorist can use it so their is no limitation or security regarding terrorist funds.

[d1ceplayer]

Crypto is an attractive investment tool in addition to money, it can be accepted by banks if it is adjusted to remove bad intentions.

We all must understand that three are only few things that always make sure nothing go against their will. And in a country, these are politicians. The establishment that presents in every country and the whole country lives on their wishes. Whatever they want, they make it and vice versa. So banks have monopoly too and these people don’t want to break this monopoly through bitcoin.

[Elizabethkjenkins]

We heard that crypto is often used for terrorist funding, but according to IOCTA in 2018, such an assumption is wrong.

Today, the popularity of Bitcoin is getting better, but the relationship with terrorist funding, they prefer the classic method of transferring through banks.

so, terrorist groups that use bitcoin are only low level transactions.

I don't think so. Despite theirs belief, mostly they still use traditional way (cash, bank transaction etc.) for use in terrorist funding. Cryptocurrencies are for people who wants to be independent from banking system. (just my opinion through) 

[Eirecoin]

We heard that crypto is often used for terrorist funding, but according to IOCTA in 2018, such an assumption is wrong.

Today, the popularity of Bitcoin is getting better, but the relationship with terrorist funding, they prefer the classic method of transferring through banks.

so, terrorist groups that use bitcoin are only low level transactions.

Actually, that is going to be a possibility as the United States are banning almost all "terrorist countries" from the swift <Society for Worldwide Interbank> Iran was the last country that was banned in the last few days. This means that Iran is not going to be able to receive international payments of any kind and guess which kind of payment they are willing to receive or give instead...yes bitcoins or any other cryptocurrencies for sure

[jademaxxiss012]

There is a slight chance because the terrorist group are also coping up the advancement of technologies. Thus, cryptocurrency could be vulnerable for this because of its feature that focus on anonymity. This feature could be even abuse not only by the terrorist group but also to those politicians who are good for nothing money launderer.

[Chairul Muttaqin]

We heard that crypto is often used for terrorist funding, but according to IOCTA in 2018, such an assumption is wrong.

Today, the popularity of Bitcoin is getting better, but the relationship with terrorist funding, they prefer the classic method of transferring through banks.

so, terrorist groups that use bitcoin are only low level transactions.

Bitcoin can be used for any transaction but use it for funding terrorist is not a good idea. As the traceable transactions of bitcoin then law enforcement can track any evil transactions, like they have done with silk road. Fiat is better to fund terrorist because most of transactions are not recorded.

[ict]

In my opinion. even though terrorists are low level, they still use bitcoin or altcoin to fund acts of terrorism. so that it still creates a bad image for bitcoin and altcoin. Crypto users come from a variety of backgrounds, so crypto can be used by anyone with a variety of purposes. so it is very difficult to control users so they are not misused.

[Epimetheus]

this is what i dont get about between crypto, banks and criminals, when both cryptos and banks are being both used by most criminals.

These above three thing l. E. Bank, terrorist and crypto are interrelated to each other. According to many past events it is proof that cryptocurrency is one of the main reasons behind many terrorism. Cryptocurrency online money transaction facility is one of the main reasons behind this terrorist attack. Bitcoin provide its uses an safe secure and untraceable and uninterrupted money transaction facility. In which no third can interrupt the money transaction and their is no need to give full or correct information of user in order to send money. Because of this above facility many terrorist organisation choose bitcoin for their illegal money transaction except bank.

[rer@shoy]

The blockchain is in the form of a ledger that everyone can track transactions starting from the source, recipient and the difference that runs in the blockchaian chain.

[AiBBio]

I think that banks launder money for drug cartels, crime syndicates and terrorists all the time, but funnily enough people still use banks.  It's human nature.  They don't care how much corruption there is, they just want to stick with what they know.  It seems like there's only a "problem" when it's something new that people don't understand yet.  As adoption grows and people start to actually learn something about Bitcoin, they will eventually realise that Bitcoin is less useful for money laundering than cash is. but a lot of things depend on goverment too

[nazaididuan1]

Although the cryptocurrency is anonymous, cash is still the most effective anonymous financing method for terrorists!
Because the use of cash is more convenient and faster than cryptocurrency!

[Wodomi]

There is a slight chance because the terrorist group are also coping up the advancement of technologies. Thus, cryptocurrency could be vulnerable for this because of its feature that focus on anonymity. This feature could be even abuse not only by the terrorist group but also to those politicians who are good for nothing money launderer.

Cryptocurrency is very vulnerable to terrorist activities because of anonymous factors, so it is now an option for criminals and terrorists to transfer money. In contrast to transfers using banking services that require filling in an identity.

[project_delta]

We heard that crypto is often used for terrorist funding, but according to IOCTA in 2018, such an assumption is wrong.

Today, the popularity of Bitcoin is getting better, but the relationship with terrorist funding, they prefer the classic method of transferring through banks.

so, terrorist groups that use bitcoin are only low level transactions.

Exactly, this is happening for so long! The process of converting cryptos to fiats is another big obstacle that they could face so why would go for something that is too difficult just because it is "anonymous". Anonymity is lost in the after process.