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

[bitzizzix]

Yes, darknet or webnet is a fearsome den of transactions and will most likely be the safest channel for terrorist transactions for their funding so it's not easy to track.
and the existence of cryptocurrency or bitcoin will be used by terrorists to make transactions because it is easier and safer.

[Katashi]

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.

This is the dark side of Bitcoin and other cryptocurrencies but if I remember correctly there are some criminals that were caught because they forgot that blockchain transactions are traceable due to its transparency. Anyways, the authority is aware of this which is why they are doingsome actions to prevent Bitcoin to be used in criminal activities.

[Mike Mayor]

I don't think you can just say that crypto will be seen as something exclusive for terrorist activity. I'm still not convinced it is the best way to fund terrorism. I am sure there are much better ways. I think using cash would be the best way honestly. Crypto still leaves a trail behind and you if your plan is blow shit up then you certainly don't want your source of your equipment and materials to be found out. They will but what the need in an innocent way and bit by bit. You don't go putting a whole bomb together in a week. They will do it over months using many transactions and with that many transactions, someone might suspect something or trace it. If they just use cash or trade then nothing is left behind.

[amyshek1979]

I agreewith the fact that it's easier for them to use crypto to buy weapons or something like that in the darknet. But before people started using crypto terrorists could use USD or other fiat. So, I don't like when people blame crypto as one of the ways which makes terrorists' live better.

[xiboothrezi]

I agreewith the fact that it's easier for them to use crypto to buy weapons or something like that in the darknet. But before people started using crypto terrorists could use USD or other fiat. So, I don't like when people blame crypto as one of the ways which makes terrorists' live better.

That is the fact, all goods or tools will become instruments of crime depending on who uses them. It becomes more effective if it is increasingly difficult to trace and complicated. Being fun for criminals.
We should just take the positive side and ignore it. The important thing is we can use this for good, to support the family, investment, and other useful things.

[TRONTON]

it is possible not to be tracked just because the purpose is to raise funds for the continuation of larger activities, but other transactions are still possible to be carried out face to face related to weapons etc. and keep using fiat because the agreement must be clear for transactions involving the desired goods.

There is no evidence of a true issue in the public media about crypto and terrorists, but this assumption seems to have become common knowledge.

[Shasha80]

We should not assume too much about crypto being used by terrorists to support their crime. Because there isn't any yet strong
evidence against this accusation. As far as I know, crimes use cash money more than crypto. So as long as there is no evidence
related to this, you should not accuse nonsense. It is true that many hacker sites like darknet, make transactions illegal sales of
illegal drugs, weapons, pornography, etc. Using crypto for payment of its special coin monero (XMR). But for terrorists I have never
heard of it, hopefully crypto is not used for terrorist activities. Because if it is true it will increasingly create negative effects for
cryptocurrency.

[Gyfts]

Absolutely. These groups are using Bitcoin to launder money primarily and use it to make nefarious purchases. These groups do not have access to stable fiat currencies and are going to use the most anonymous method to make transactions and Bitcoin is by far the most convenient. I wouldn't be surprised to hear that most, if not all, their finances involve crypto's of some sort. On the note of anonymity, every single transaction of Bitcoin is relayed on the blockchain so it's not necessarily completely anonymous. Intelligence agencies are following these groups closely and it's not inconceivable that they are away of the Bitcoin addresses owned by these groups. If they know the Bitcoin address, they can trace every single transaction and view every transaction made from that address. That being said, it's a whole lot more anonymous than transferring fiat.

[DreamStage]

Of course as someone already mentioned, darknet is infested with these.

I also have a friend who bought medicine from it. But it wasn't for bad purposes but for his own health (which in this case it was a good decision and application).

In other cases bad people can act as intermediates and try to scam other people, or buy drugs or sell weapons, basically everything related with illegal activities.
Those on which you want to hide from the authorities or government including CIA and NSA.

[adjed]

Where there is innovation, criminals are definitely almost guaranteed to find ways to exploit it for illegal purposes, it's a fact of life.. the terrorists has used gold, diamond and other precious jewels to make transactions, does this make those jewels bad? They have also used cash but does this make raw, hard cash a bad thing? This also applies to Cryptocurrencies, the technology is good and the idealogy behind it is perfect, when it's used for bad things, it's on them, not on Satoshi.

[LogitechMouse]

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.

Afraid? Why are you saying things like this in the last part of your post .

Anyway, if you are watching documentaries in Youtube about Bitcoin it has been used already in Silk Road and most probably there are some terrorist who are buying there. Now, for sure there are terrorists who are using it to buy things in the dark net. Haven't visited the dark web but for sure they are using it there and not only Bitcoin but also some privacy coins like Monero etc.

[crossabdd]

I think terrorists are an organized group. where their funding was spearheaded by a large group. I'm not sure if they only run independently. so that the weapons they get are certainly from a country that supplies them. but other than that, maybe also the terrorists use crypto currency for their funds. but what I see a lot is that many criminals now use dep web for transactions.

[gabbie2010]

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.

Its very obvious criminals such as terrorist would always devise a smarter ways of funding their organizations, I am very sure they would capitalized on the decentralized features of cryptocurrency to send and receive funds anonymously to fund their criminal and nefarious activities thus beating any securities means of tracing or tracking them however they would find it difficult when exchanging their crypto to fiat based on the huge amount of cryptos involved thus the source of the fund might be questioned.

[Colt81]

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.

In my own personal opinion, terrorist or other illegal groups also used cryptocurrency and bitcoin as a transaction when they are buying drugs, weapons, and so on. I also heard that terrorist and other illegal groups mostly make transactions on the dark web, so that they can buy and sell things anonymously, that is why other governments in other countries thinks that bitcoin is illegal.

[hahahafr]

Why not, these terrorist use cryptocurrencies which are secured and private to make all their transactions which includes the purchase of unlawful weapons. They mostly use privacy coins and i think this is due to nature of such coins as compared to bitcoin. i doubt they know that they can also use mixers to hide bitcoin transactions as well.

[Iceblast]

it was reported that in 2018 there were still criminal groups or perhaps terrorists who were detected using crypto for financial resources. maybe this will make crypto feel misused. so maybe there must be certain actions to prevent crypto from being misused for criminal purposes

[Asuspawer09]

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.

Bitcoin was used in deep web as a currency in buying illegal things like drugs and guns, also if you are going to think about it,
 it really does make sense since the bitcoin has anonymous transaction there is no way that the government could track your identity if you have a transaction in bitcoin and also where ever you are in the world you could use think bitcoin and easily make a transaction using it. I think this is a thing that the terrorist is taking advantage of, having this technology making it easy for them just like a terrorist group could do.

[Maotezi]

In my country, I almost heard that a mafia group used bitcoin to sell drugs. And earlier, one of the most dangerous sects was buying animals through a site with bitcoin.

[finaleshot2016]

In my country, I almost heard that a mafia group used bitcoin to sell drugs. And earlier, one of the most dangerous sects was buying animals through a site with bitcoin.

Generally, those people who don't want to be tracked are using bitcoin to buy illegal stuff. Sometimes if you're buying something personally, not digitally, then it's a risk for you because it will leave you pieces of evidence that will lead you to danger.

There are many groups that use this method, not only mafia. It's kinda weird to buy animals online? what kind of animals is that? endangered or reptiles? 

[Experia]

Politicians, terrorist and other illegal groups that has illegal doings uses cryptocurrency as mode of payment because we are anonymous here it is easy to transfer money and it is easy to divert those funds to cash out in different local cash out provider. Maybe this is one of many issue that should be resolve before adopting crypto.