You think terrorist groups around the world use Cryptos as a means of payment?

[blckhawk]

This is one core problem with Bitcoin and other cryptocurrencies right from the start, it's the way it gives people ultimate financial freedom and anonimity over their purchases, which could also be beneficial, but negative at the same time, depending on who uses it.

This, combined with a diverse cultured people, could be a grounds to unrestricted trades with no such limit to what you can trade aside from people's imagination.

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[Tipstar]

There are not many terrorist groups that has a global presence or reach. They are mostly localized and prefers to trade in fiat or goods as they lack active connection to internet and expertise to handle payments.
ISIS in it's prime was said to be accepting crypto as donations.

[tsaroz]

There are not many terrorist groups that has a global presence or reach. They are mostly localized and prefers to trade in fiat or goods as they lack active connection to internet and expertise to handle payments.
ISIS in it's prime was said to be accepting crypto as donations.

ISIS were nearly an operating nation with their own economy and military and had supporters from different nations worldwide. Crypto did fit their operations. There are no as vast and open terrorist organization in the world.
The greatest misuse of crypto comes from money launderers. As it becomes easier to send their money overseas without risk.

[danggoron]

There are many things in this world that we don't know about, full of mystery. The dark web too. So, the opportunity to use cryptocurrency to fund terrorists and other illegal activities is very possible. Many things are unthinkable, right? rather than dizzy thinking about it, we better just use a good opportunity that we can reason and benefit, do not waste time.

[sarnic]

I think yes, imo dark web which accept Bitcoin as a payment method is a perfect place for such transactions. Anonymity and impossibility of tracking payments are features terrorists use often. For them it's a perfect way to be undetected.

[Aying]

I think yes, imo dark web which accept Bitcoin as a payment method is a perfect place for such transactions. Anonymity and impossibility of tracking payments are features terrorists use often. For them it's a perfect way to be undetected.

Possible in this time. perfect for them because government is not included on the crypto transaction. every transactions are monitored but we don't know to whom it belongs if we don't get their wallet addresses. so they choose crypto to make an easy transaction and  they can easily slip wherever they are in the world.

[slaman29]

This is one core problem with Bitcoin and other cryptocurrencies right from the start, it's the way it gives people ultimate financial freedom and anonimity over their purchases, which could also be beneficial, but negative at the same time, depending on who uses it.

This, combined with a diverse cultured people, could be a grounds to unrestricted trades with no such limit to what you can trade aside from people's imagination.

Dude, every tool can be used for beneficial and negative purposes. That is kind of the whole point of a tool, to make something easier for someone to do. How the person uses a tool is up to them. A hammer. A coin. Bitcoin.

But to be able to have that choice, is alone the huge difference that Bitcoin brought to money. Money, before Bitcoin, gave us very little choice.

[tetyulfania]

Considering that there are still many terrorist groups or insurgents groups around the world right now fighting with weapons that probably cost a lot. Do you guys think that they use cryptocurrencies in order to fund their armies or do they stick with trading with cash or trading valuable resources that they have?
   
I would not be surprised if they do trade with cryptocurrency considering that cryptocurrencies are really hard to trace compared to the conventional means of trading such as cash or valuable resources. Unless their funders don’t really accept cryptocurrency and they stick with the older methods of payment.
   
By the way, just to make it clear. I am not in any way planning to make a terrorist group or insurgency, I am just asking out of curiosity as I can see that those terrorist groups or insurgencies in the news must get their funding from somewhere and I was wondering what means do they use to trade for their equipment.

I don't think terrorism have payment using bitcoin and altcoin, I think hard for them using bitcoin because have take KYC and verify document account each transaction, when pass KYC they can use bitcoin account, but how come they will use bitcoin as payment transaction when need internet for accessing to bitcoin account, they stay with place without internet I think.

[Kupid002]

Considering that there are still many terrorist groups or insurgents groups around the world right now fighting with weapons that probably cost a lot. Do you guys think that they use cryptocurrencies in order to fund their armies or do they stick with trading with cash or trading valuable resources that they have?
   
I would not be surprised if they do trade with cryptocurrency considering that cryptocurrencies are really hard to trace compared to the conventional means of trading such as cash or valuable resources. Unless their funders don’t really accept cryptocurrency and they stick with the older methods of payment.
   
By the way, just to make it clear. I am not in any way planning to make a terrorist group or insurgency, I am just asking out of curiosity as I can see that those terrorist groups or insurgencies in the news must get their funding from somewhere and I was wondering what means do they use to trade for their equipment.

I don't think terrorism have payment using bitcoin and altcoin, I think hard for them using bitcoin because have take KYC and verify document account each transaction, when pass KYC they can use bitcoin account, but how come they will use bitcoin as payment transaction when need internet for accessing to bitcoin account, they stay with place without internet I think.

There is many ways to convert crypto currency not only in exchange you can sell it peer to peer or sell it much cheaper rate people so you can have buyer easily. As simple as that, thats why its really possible for them to use crypto as mode of payment but we dont know what is running in thier mind even its possible they are the one who can decided if they want to use it or not.

[Wintersoldier]

Have you ever browsed the darknet?Almost all the darknet marketplaces accept bitcoin and altcoins(mostly monero) payments.Criminals use those marketplaces to sell drugs,weapons,counterfeit money,stolen personal info,etc.I don't know about terrorists.I've never met a terrorist in my life,but it's really possible for such groups to fund their activity or buy weapons using cryptocurrency.

If you are pertaining to the silicon valley, then that is already closed, we need to follow rules, and terrorist as well should. But since they are terrorist, I don't think they will, so, it is highly possible that their transaction to buy weaponry and tools for their plans of destruction could be possibly done through cryptocurrencies. But I doubt they cannot escape the law if they did. There's still a way how to track their wallet address and account and might further put them in a terrible place.

[Gotumoot]

Of course, bitcoin is the easiest way for terrorists to get funding, And you can find it in the darknet where the selling of anything and the use of bitcoin and the Monero is huge because they are untraceable.

So this is common for terrorists to use bitcoin and other untraceable coin for faster transaction and no hassle exchange of weapons or anything else that terrorists need in their activities.

[marcous]

It could be that they use cryptocurrency in transactions. that is why governments in some countries do not legalize Bitcoin or cryptocurrency because of buying and selling prohibited goods using cryptocurrency. actually this is no new news, I guess. the perpetrators to using crypto in the transaction because, in reality, crypto has been misused by them.

[Lucius]

Are there any terrorists yet? Last time I checked the largest terrorist organizations were defeated and reduced to the remains of the remains. Therefore, it is rather foolish to bring Bitcoin or other cryptocurrencies into terrorism, it is primarily funded by fiat (USA dollar and EUR).

One thing is also overlooked, in order to make crypto transactions you need internet, and most terrorists hide in caves, jungles, deserts where the internet is very limited or does not exist at all. Also, many terrorists were killed precisely because of the use of modern technology (tracked by mobile signal, GPS, IP address), so they still prefer cash and staying out of the grid.

[The Sceptical Chymist]

Criminals use those marketplaces to sell drugs,weapons,counterfeit money,stolen personal info,etc.I don't know about terrorists.

Somehow I doubt terrorists use the darkweb to obtain their weapons.  I bet they can get them at much lower prices than the darkweb is probably selling them for--and I don't use Tor or the darkweb, so I wouldn't really know but I assume you're paying a premium on stuff there.  Terrorists and rebels and those sorts of groups tend to have weapons suppliers who are sympathetic with their cause.  Or I might have watched too many movies, because I'm thinking of Lord of War with Nicholas Cage.

Anyway, terrorists probably do use bitcoin for certain things but this is a non-issue IMO.  If I'm not mistaken, the media has reported on this as well as the fact that bitcoin has been used in all sorts of criminal activities.  But obviously cash is also used for the same things and probably a lot more frequently.  Bitcoin isn't completely anonymous and certainly not as anonymous as cash.  It bugs me that some people associate bitcoin with criminals.  That's the kind of thing that prompts regulatory legislation, so we all need to watch out for that crap.

[Aikidoka]

Have you ever browsed the darknet?Almost all the darknet marketplaces accept bitcoin and altcoins(mostly monero) payments.Criminals use those marketplaces to sell drugs,weapons,counterfeit money,stolen personal info,etc.I don't know about terrorists.I've never met a terrorist in my life,but it's really possible for such groups to fund their activity or buy weapons using cryptocurrency.

I was browsing done before, there's a lot of insane and crazy things are able to sell in the big Darknet marketplaces, as you said like selling weapons, drugs, chemical and nuclear products as well as selling millions of hacked accounts. They only use bitcoin and some other altcoins like monero. I even saw the red rooms which it's a crazy shit that they're able to make lives while they're torturing people and that's so crazy and sick, they're just terrorist wants more money by killing ppl IN LIVE.

[airdnasxela]

Basically, that's what they do in darkweb. Illegal transactions are also part of bitcoin since there's anonymity. It includes different kind of person and their illegal jobs like terrorism, drug-related, buying and selling of illegal things, and more. It's an advantage for them not to be traced and located by the government. That's why it is one of the reason why governments don't really trust decentralized cryptocurrency. They cannot control it.

[Rana590]

Obviously terrorists are using bitcoin as their payment method. On darknet, bitcoin is using by terrorist. Bitcoin is much popular on black market.

[crisanto01]

Basically, that's what they do in darkweb. Illegal transactions are also part of bitcoin since there's anonymity. It includes different kind of person and their illegal jobs like terrorism, drug-related, buying and selling of illegal things, and more. It's an advantage for them not to be traced and located by the government. That's why it is one of the reason why governments don't really trust decentralized cryptocurrency. They cannot control it.

Not only scammers are taking advantage of crypto but also hackers and terrorist, using crypto for their illegal transactions, and it is not new anymore to everyone, for sure we are all aware of it and that's the main reason why the government having hard time to make Bitcoin or crypto as legal tender because if they do seems like they give freedom for terrorist to do illegal activities.

[sureshverma]

I think they mostly use USD, and crypto only a small part of all their " transactions"

[tracey77]

Generally I think that cryptocurrencies have got huge influence on a black market, terrorism, money laundering etc. Using crypto you are theoretically 'invisible', perfect way to transfer big amount of $$ quickly.