How does Bitcoin help stop the funding of wars?

[vv181]

So one of the most popular narratives I see is that the utilization of Bitcoin would help put an end to the illegal funding of wars overseas. How do you figure this?

If one entity needs to get currency to another entity they will be able to do so. The way that I am seeing it, it doesn't matter where the money comes from as long as they are getting the money in the first place. In fact, wouldn't Bitcoin make this type of funding more difficult to detect?

Then again, maybe I am looking at this the wrong way.

Could someone help shed some light on this narrative?

Would you explain the narratives of why Bitcoin would stop illegal funding, and where did you get it? I don't think that narrative is the popular nor the correct one.

Anyway, you get it right in the second paragraphs. It is indeed Bitcoin "facilities" the illegal funding. One of the examples is ransomware, people cracked into company systems, and bribe them with Bitcoin. Nevertheless, Bitcoin is expected to be able to maximize the greater goods rather than the bad ones. And so does the potential of Bitcoin to do beyond goods is greater than evil.

Personally, I think it will be absurd to misrepresented bitcoin because of its capacity to do illegal things just like how you could blame the current FIAT because it does facilities an illegal thing.

[dansus021]

in my honest opinion bitcoin it self will help funding of war  or other cryptocurrency will do like darkcoin or monero or any other privacy coin. bitcoin it self have bitcoin mixing right. remember that most dark website using crypto as their payment system

[Argoo]

So one of the most popular narratives I see is that the utilization of Bitcoin would help put an end to the illegal funding of wars overseas. How do you figure this?

If one entity needs to get currency to another entity they will be able to do so. The way that I am seeing it, it doesn't matter where the money comes from as long as they are getting the money in the first place. In fact, wouldn't Bitcoin make this type of funding more difficult to detect?

Then again, maybe I am looking at this the wrong way.

Could someone help shed some light on this narrative?

Even the governments of some states are now using cryptocurrencies to circumvent international sanctions. Of course, some weapons are also sold for cryptocurrency. Therefore, Bitcoin and other cryptocurrencies cannot stop wars, they even contribute to them to some extent. The high degree of confidentiality and anonymity is perfect for this.

[KaliLinux]

So one of the most popular narratives I see is that the utilization of Bitcoin would help put an end to the illegal funding of wars overseas. How do you figure this?

If one entity needs to get currency to another entity they will be able to do so. The way that I am seeing it, it doesn't matter where the money comes from as long as they are getting the money in the first place. In fact, wouldn't Bitcoin make this type of funding more difficult to detect?

Then again, maybe I am looking at this the wrong way.

Could someone help shed some light on this narrative?

Even the governments of some states are now using cryptocurrencies to circumvent international sanctions. Of course, some weapons are also sold for cryptocurrency. Therefore, Bitcoin and other cryptocurrencies cannot stop wars, they even contribute to them to some extent. The high degree of confidentiality and anonymity is perfect for this.

I don't think that Bitcoin can help stop the funding of wars, if anything it could even make the payments for everything relating to funding the war easier because it's easy to transfer between parties. Even though we know that there are a lot of wars that have gone down before Bitcoin but I don't think that BItcoin can make any positive changes to it.   

[clippers]

Broadly speaking, Bitcoin is the same as various things that are calibrated and used for transactions. If someone uses Bitcoin to commit crimes, it is not his own problem.

Regarding war, one thing I understand may be that other countries can use digital currency to help the weaker party. And because of the anonymity of cryptocurrency, there is no need to receive control. Imagine that when a country tries to occupy another country, and this country can receive funding from unknown sources. This will make it more difficult to calculate the cost of war, and to a certain extent will hinder the launch of war.

[Kittygalore]

It's quite the opposite actually because bitcoin has already been used to fund terrorist groups so you claim that it can stop war has already been refuted. Also, bitcoin isn't a Miracle Machine, it is just a tool that humans can use for the goood or for the bad.

[imstillthebest]

it makes Bitcoin bad more than good if it makes funding hard but you think it was good because it can stop war .
 the legality of btc has nothing to do with it because they can still use Fiat's and other payment methods that they are comfortable to use without getting caught .
 Bitcoin is one of the payment methods that can make them anonymous and they can send funds more easily .

[zanezane]

Even if bitcoin becomes generally accepted around the world, it is unlikely that this will somehow affect the funding of wars.

Especially if the government itself is the funding the war, it's not like they are new to this kind of thing and bitcoin isn't going to be the thing that will end all wars. Search the story about Gary Webber and his discovery of US government's funding of contra rebels with cocaine money.