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

[Bonenx14]

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

it's a bad impact from the abuse of crypto, and I don't think there's anything that can stop people from doing bad things. those who carry out transactions with bad intentions and there are people who provide goods for crime and pay with crypto. so it's hard to reduce abuse because it's back to the nature of the people who use it

[imstillthebest]

i think organizations like this were not really updated on what is new when it comes to payment methods  . they arent really considered as a criminal right ? so i dont think that they will care to much about thier privacy  .

 on our local region there are also terorist here but they dont harm people and they walk around freely  , they can transact whatever they want  . they only became cruel when it comes to war or if they are fighting with thier real enemy  .

[Shenzou]

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.

If you have taken a look into what is sold on the dark markets you would be amazed with what is sold there, from all sorts of illegal stuff, from drugs to guns and even mercenaries, and with all of these things sold using bitcoin and other cryptos that are hard to track their destination and their source, there is no doubt that some terrorists and mafia are using it, as it provides the perfect shade for them, and this one of the controversies that is debated about the anonymity of the crypto.

[AbuBhakar]

i think organizations like this were not really updated on what is new when it comes to payment methods  . they arent really considered as a criminal right ? so i dont think that they will care to much about thier privacy  .

 on our local region there are also terorist here but they dont harm people and they walk around freely  , they can transact whatever they want  . they only became cruel when it comes to war or if they are fighting with thier real enemy  .

They don't hide their transactions really as they can freely talk to anyone unless they are in war which they will not be able to do any transactions. I don't think their using crypto for the war. As before they start the war they already prepared for it. In my country as terrorist lives in remote area Internet were poor so probably no bitcoin transactions happened.

[Kocret02]

i think organizations like this were not really updated on what is new when it comes to payment methods  . they arent really considered as a criminal right ? so i dont think that they will care to much about thier privacy  .

 on our local region there are also terorist here but they dont harm people and they walk around freely  , they can transact whatever they want  . they only became cruel when it comes to war or if they are fighting with thier real enemy  .

They don't hide their transactions really as they can freely talk to anyone unless they are in war which they will not be able to do any transactions. I don't think their using crypto for the war. As before they start the war they already prepared for it. In my country as terrorist lives in remote area Internet were poor so probably no bitcoin transactions happened.

not all terrorists can be like that, there are terrorists who have sophisticated equipment to be able to make payment transactions possible with bitcoin or the like. I have read that there are terrorists who use crypto for transactions because they are afraid of accounts being tracked by the state authorization

[Genemind]

I believe yes because it's the best mode of payment for them which they could use easier and anonymously. We all know that criminals are hiding their identities so it will work well for them to use it. We're actually hearing news about it and we can say that it's one of crypto's anonymity disadvantage.

[Gheka]

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.

If you have taken a look into what is sold on the dark markets you would be amazed with what is sold there, from all sorts of illegal stuff, from drugs to guns and even mercenaries, and with all of these things sold using bitcoin and other cryptos that are hard to track their destination and their source, there is no doubt that some terrorists and mafia are using it, as it provides the perfect shade for them, and this one of the controversies that is debated about the anonymity of the crypto.

Well, with such anonymity at such a perfection level, one thing we almost can't deny is that the use of crypto as a payment method will be very popular with terrorists and criminals who want to buy illegal goods but I also believe that only a handful of criminals use this option because this perfection is also a disadvantage in payment methods. First, we cannot know who the person in the back is and the reliability of the cargo, if payment has been sent, we will not have a chance to refund, the government can even anonymize right here to play with terrorism

[coin-investor]

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.

With its nature, which is anonymity, they have been reported that they do use Cryptocurrency to fund their terroristic acts and it was supported by documents, this is the reason why the government is strictly enforcing KYC, to exchanges, so they will know and tract if it is illegal on the funds being transacted, terrorist will always fund a way to move their funds, whether in fiat or Cryptocurrency, and so far with the implementation of KYC, these are all minimized.

[crisanto01]

I believe yes because it's the best mode of payment for them which they could use easier and anonymously. We all know that criminals are hiding their identities so it will work well for them to use it. We're actually hearing news about it and we can say that it's one of crypto's anonymity disadvantage.

That's for sure, using crypto makes them more easier to transact illegal transactions so they will really use this, actually if you want to speak with people here in our country and ask them if they know what crypto means, they will tell you that this is what darkweb widely used, they don't know Bitcoin in a good way, what they know scammers widely using this online.

[aomakun]

I think that they use dollars much more often than cryptocurrencies.

I heard information from several pieces, that there are some terrorists who use crypto. for example, to buy illegal weapons in the dark web because there use crypto as a currency for transactions. and terrorism that uses crypto is one of the abuse of crypto in my opinion

[Fappanu]

Don't think about it because it's definitely widespread.

Terrorists need to be careful not to find out who they are and as a result of using crypto they can avoid government regulation of the legal transaction where your name and ID (KYC) are needed.

So I'm sure they are already using it to evade the authorities and to outrun their transactions. Examples of this are the purchase of Drugs, Weapons and much more.

[kro55]

Well terrorists, drug dealing and other bad activities are performed using fiat currencies for centuries. So we cant say paper currency is bad. Like wise dark web is just one usage of crypto, there are many positive uses of crypto also. So we cant rule BTC as bad just because it has one bad use.

[joshy23]

Well terrorists, drug dealing and other bad activities are performed using fiat currencies for centuries. So we cant say paper currency is bad. Like wise dark web is just one usage of crypto, there are many positive uses of crypto also. So we cant rule BTC as bad just because it has one bad use.

We should think that way. It's not because crypto being used for some illegal things means that it's already a tool for this kind of stuff.  There's also other venues to actively use crypto currency. Don't conclude but accept the fact that since crypto is also being considered as currency then everyone who understand it will use it as a means of payment transactions.

[Baby Dragon]

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

it's a bad impact from the abuse of crypto, and I don't think there's anything that can stop people from doing bad things. those who carry out transactions with bad intentions and there are people who provide goods for crime and pay with crypto. so it's hard to reduce abuse because it's back to the nature of the people who use it

It's actually the reason why there are some people who doesn't want to engage with crypto because of some trust issues regarding on using it to deceive others, can't blame them for thinking that way because if you look for the different side of crypto you can clearly see that there are people who are taking advantage of it's capabilities just to get the benefits they wanted. It's sad because it ruins crypto's reputation to the eye of people who wanted to try investing, it affects their decision making whether to take risk or not. It's difficult to convince them that crypto isn't bad because they have seen or read some news about it, even if you are willing to explain everything like it's just being used and it is not crypto's fault. People these days are being greedy, you have give them opportunities and they will exploit that opportunity because they have seen it's potentialities and the possible money that they can get from it. I just hope that they suffer the consequences of their actions because karma is real.

[cutesgirl]

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 like this ideas with terrorism using bitcoin as payment transaction, how come they get bitcoin without make deposit first, will possible for terrorism using bitcoin but needed good internet access, how ever they keep hidden their self using internet access because there are no body know about their location and there impossible using bitcoin without internet access.

[suvo05]

There may be lot of cases like money laundering, terrorist funding by using the crypto coins. But still we can't blame crypto coins for all these. These kinds of activity was still there when there was no cryptocurrency. And even for today, I don't think that crypto is the main medium of payment for the terrorist group. the terrorist group used to active mostly in the remote parts of the planet and internet connection is a big issue there. Another thing is that the value of the crypto coins are so much volatile that terrorist groups do not take such a market risk.

[garyrowe]

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.

What other physical or digital assets would be better off to fund terrorist organizations and their activities other than cryptocurrencies which is had to trace to its source. With the emergence of privacy coins, the use of such crypto in funding terrorist activities increased. Nonetheless, the good usage of crypto always outweighs the bad as fiats are also used to fund these activities.

[posi]

The last time I checked all crypto to fiat currency exchange site are KYC and AML supported which mean the government can easily track down illegal activities done by crypto users. With that been said, terrorist group around the world done their cash transaction activities before the existence of crypto currency and the government was unable to catch them while some dark web user was caught by the government early this year if I could remember correctly and this shows that the statement made that crypto was used by terrorists and money laundering group are just to spoil crypto name.

[Daffadile]

Maybe sometimes terrorists will use crypto. I think they will use anything of value to get what they need. These people don't care. I don't think they use crypto as payment anymore then they do use any other form of payment.

 

There may be lot of cases like money laundering, terrorist funding by using the crypto coins. But still we can't blame crypto coins for all these. These kinds of activity was still there when there was no cryptocurrency. And even for today, I don't think that crypto is the main medium of payment for the terrorist group. the terrorist group used to active mostly in the remote parts of the planet and internet connection is a big issue there. Another thing is that the value of the crypto coins are so much volatile that terrorist groups do not take such a market risk.

The also probably barter for their guns and things they need. Whatever explosives and things. They cannot just buy chemicals they need to order from different places otherwise it will look like they are making a bomb and they will be arrested or interrogated at least.

[bounceback]

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.

terrorists usually use cryptocurrency or bitcoin payment systems to fund acts of terrorism.
But I think terrorists now prefer to use more conventional methods of interbank transfers, they tend to use cryptocurrency when they make small payments such as to redeem illegal goods.