Bitcoin Forum
May 23, 2024, 07:39:10 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 »  All
  Print  
Author Topic: Why don't people under ISIS rule buy bitcoin?  (Read 3138 times)
Mikerogers (OP)
Newbie
*
Offline Offline

Activity: 51
Merit: 0


View Profile
August 11, 2014, 06:21:02 PM
 #1

http://www.panture.com/bitcoin-could-financially-liberate-citizens-under-isis-rule/

I see people from Iraq and Syria on the internet, it's not like it's shut down. When terrorists come to your down asking for a tax, just show them that you have nothing. All you have to do is hide your private key, or use an online wallet like Coinbase. Using something like PayPal or Western Union can be risky, as terrorists are aware of it, and those services don't like doing business with those citizens anyways for obvious reasons.

We need to focus on educating people in third world countries more, that is where bitcoin can do the most good.
valvalis
Hero Member
*****
Offline Offline

Activity: 784
Merit: 500


DeFixy.com - The future of Decentralization


View Profile
August 11, 2014, 06:29:33 PM
 #2

I think ISIS will not take it for granted if there is someone who does not have the money. They may do violence or kill people who don'tt have the money, so that others are afraid to not pay taxes. It's too risky. After all a lot of people who still don't understand what it is bitcoin.

  █▌▐█
▄██████▄▄
  ▀████████▄
     ▀███████
       ▀██████
         ▀█████
           ████
         ▄█████
       ▄█████
     ▄███████
  ▄████████▀
▀██████▀▀
  █▌▐█
..DeFiXy.......████
██
██
██
██
██
██
██
██
██
██
██
████
███   ██████████████   ███████   █████████   ██   █████   ██████████████████   ████
.$0.50.
███████   ██   █████████   ██   ███████████   ███████████   ███████████   █████████
████
██
██
██
██
██
██
██
██
██
██
██
████
.
.......JOIN NOW..
Ayers
Legendary
*
Offline Offline

Activity: 2632
Merit: 1024


Seabet.io | Crypto-Casino


View Profile
August 11, 2014, 06:51:10 PM
 #3

i think they are aware of coinbase, if they know bitcoin, so how coinbase can be safe at all?

counter
Hero Member
*****
Offline Offline

Activity: 798
Merit: 500


Time is on our side, yes it is!


View Profile
August 11, 2014, 07:03:34 PM
 #4

http://www.panture.com/bitcoin-could-financially-liberate-citizens-under-isis-rule/

I see people from Iraq and Syria on the internet, it's not like it's shut down. When terrorists come to your down asking for a tax, just show them that you have nothing. All you have to do is hide your private key, or use an online wallet like Coinbase. Using something like PayPal or Western Union can be risky, as terrorists are aware of it, and those services don't like doing business with those citizens anyways for obvious reasons.

We need to focus on educating people in third world countries more, that is where bitcoin can do the most good.

I can only assume if you have a terrorist organization knocking on your door demanding money is a bit overwhelming.  You'd likely have alot on you mind and understanding the ins and outs of Bitcoin may not be the top on your to do list.  I'd think making sure you and your family doesn't get killed is top of the list of things to do.
beetcoin
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


View Profile
August 11, 2014, 07:13:22 PM
 #5

people in iraq are poor as hell, they are not very educated and are less exposed to western media.
Daniel91
Legendary
*
Offline Offline

Activity: 3374
Merit: 1824



View Profile
August 11, 2014, 07:16:28 PM
 #6

http://www.panture.com/bitcoin-could-financially-liberate-citizens-under-isis-rule/

I see people from Iraq and Syria on the internet, it's not like it's shut down. When terrorists come to your down asking for a tax, just show them that you have nothing. All you have to do is hide your private key, or use an online wallet like Coinbase. Using something like PayPal or Western Union can be risky, as terrorists are aware of it, and those services don't like doing business with those citizens anyways for obvious reasons.

We need to focus on educating people in third world countries more, that is where bitcoin can do the most good.

In my opinion, this terrorist, at least their average members, are not very smart and also not kind people as well.
They will not ask you anything, they will took anything they find in your house and destroy your computer as ''devil's tool or something like that.
I don't expect that with this crazy people is possible some reasonable talk.


.freebitcoin.       ▄▄▄█▀▀██▄▄▄
   ▄▄██████▄▄█  █▀▀█▄▄
  ███  █▀▀███████▄▄██▀
   ▀▀▀██▄▄█  ████▀▀  ▄██
▄███▄▄  ▀▀▀▀▀▀▀  ▄▄██████
██▀▀█████▄     ▄██▀█ ▀▀██
██▄▄███▀▀██   ███▀ ▄▄  ▀█
███████▄▄███ ███▄▄ ▀▀▄  █
██▀▀████████ █████  █▀▄██
 █▄▄████████ █████   ███
  ▀████  ███ ████▄▄███▀
     ▀▀████   ████▀▀
BITCOIN
DICE
EVENT
BETTING
WIN A LAMBO !

.
            ▄▄▄▄▄▄▄▄▄▄███████████▄▄▄▄▄
▄▄▄▄▄██████████████████████████████████▄▄▄▄
▀██████████████████████████████████████████████▄▄▄
▄▄████▄█████▄████████████████████████████▄█████▄████▄▄
▀████████▀▀▀████████████████████████████████▀▀▀██████████▄
  ▀▀▀████▄▄▄███████████████████████████████▄▄▄██████████
       ▀█████▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀█████▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.PLAY NOW.
genjix
Legendary
*
Offline Offline

Activity: 1232
Merit: 1076


View Profile
August 11, 2014, 08:47:47 PM
 #7

http://motherboard.vice.com/read/is-the-islamic-state-really-using-bitcoin
OROBTC
Legendary
*
Offline Offline

Activity: 2912
Merit: 1852



View Profile
August 11, 2014, 09:01:59 PM
 #8

...

Another big problem would be how people living under ISIS could get the BTC, how do they pay for it?  

In Argentina, it is apparently not very easy to get BTC without having to pay a large premium over US BTC price, someone (seller) has to accept something of value for the buyer to get them.  

What poor Iraqi would have resources to buy any BTC?
foggyb
Legendary
*
Offline Offline

Activity: 1666
Merit: 1006


View Profile
August 11, 2014, 09:06:47 PM
 #9

...

Another big problem would be how people living under ISIS could get the BTC, how do they pay for it?  

In Argentina, it is apparently not very easy to get BTC without having to pay a large premium over US BTC price, someone (seller) has to accept something of value for the buyer to get them.  

What poor Iraqi would have resources to buy any BTC?

Its a very simple solution, solved by bitcoin's inherent divisibility.

A USD will go a long way in Iraq. So will a few satoshis.

Examples: (in USD)
$0.46 for a litre of gas. = 0.0008 btc
$1 for a litre of milk      = 0.001739 btc

* source: http://www.numbeo.com/cost-of-living/country_result.jsp?country=Iraq

I just registered for the $PLOTS presale! Thank you @plotsfinance for allowing me to purchase tokens at the discounted valuation of only $0.015 per token, a special offer for anyone who participated in the airdrop. Tier II round is for the public at $0.025 per token. Allocation is very limited and you need to register first using the official Part III link found on their twitter. Register using my referral code CPB5 to receive 2,500 points.
ffe
Sr. Member
****
Offline Offline

Activity: 308
Merit: 250



View Profile
August 11, 2014, 09:21:00 PM
 #10

Why don't people under ISIS rule buy bitcoin?
Because they're running for their lives?
chopstick
Legendary
*
Offline Offline

Activity: 992
Merit: 1000


View Profile
August 12, 2014, 12:32:57 AM
 #11

ISIS is too busy committing genocide to worry about bitcoin.

And the people under ISIS rule are too busy getting genocided'ed to buy bitcoin.
dKingston
Hero Member
*****
Offline Offline

Activity: 482
Merit: 500


LAUNDER BITCOIN: https://BitLaunder.com


View Profile WWW
August 12, 2014, 12:48:24 AM
 #12

Why don't people under ISIS rule buy bitcoin?
Because they're running for their lives?
It really isn't so much that the Christians living in parts of Iraq don't have any money, or the money they do have is subject to inflation/confiscation it is that the ISIS is killing them. Bitcoin would not solve this problem. Contrary to what many people on here think, bitcoin is not the answer to all of the world's problems.

LAUNDER & ANONYMIZE YOUR BITCOIN:
https://www.BitLaunder.com/?aid=41
Ron~Popeil
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250



View Profile
August 12, 2014, 01:16:20 AM
 #13

I am not sure bit coin is on a lot of people's minds over there right now. They are probably more focused on being sure they wake up each morning.

beetcoin
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


View Profile
August 12, 2014, 01:39:20 AM
 #14


damn, that shit is damning to bitcoin. if government really wanted to crack down on btc, they'd bring this up as an issue. and yes everybody, i know they use cash as well.
lihuajkl
Legendary
*
Offline Offline

Activity: 1596
Merit: 1000


View Profile
August 12, 2014, 02:54:47 AM
 #15

Why don't people under ISIS rule buy bitcoin?
Because they're running for their lives?
yes, I think they are making a hard living and barely have internet connection. Nearly no one there has a little knowledge about BTC. How could they buy any BTC?
TaunSew
Hero Member
*****
Offline Offline

Activity: 756
Merit: 506


View Profile
August 12, 2014, 03:05:39 AM
 #16

You're all kidding, right?  ISIS is not Al-Queda or the Taliban, ISIS is like the first international terrorist organization to have a huge social media presence and they supposedly have $2 billion in cash.  They've definitely heard of Bitcoin.


Iraqis owning Bitcoin is like Argentines owning Bitcoin.  In theory it sounds possible but in practice who wants to exchange their Bitcoin for some worthless currency?  They're supposedly paying $1000 equivalent in Peso for Bitcoin in Argentina..  in Iraq they'ld have to pay like $2000+ equivalent in Dinar.


There ain't no Revolution like a NEMolution.  The only solution is Bitcoin's dissolution! NEM!
Brewins
Legendary
*
Offline Offline

Activity: 1120
Merit: 1000



View Profile
August 12, 2014, 03:06:30 AM
 #17

Only few people have acess to computers and internet is not reliable. Also no way to know for sure how long your computer will last.

Also their money surely is undervalued, so they can't afford all the bitoin taxes.
Mobius
Hero Member
*****
Offline Offline

Activity: 988
Merit: 1000



View Profile
August 12, 2014, 03:23:50 AM
 #18

You're all kidding, right?  ISIS is not Al-Queda or the Taliban, ISIS is like the first international terrorist organization to have a huge social media presence and they supposedly have $2 billion in cash.  They've definitely heard of Bitcoin.


Iraqis owning Bitcoin is like Argentines owning Bitcoin.  In theory it sounds possible but in practice who wants to exchange their Bitcoin for some worthless currency?  They're supposedly paying $1000 equivalent in Peso for Bitcoin in Argentina..  in Iraq they'ld have to pay like $2000+ equivalent in Dinar.


The reason for the premium in argentina is because of the artificial peso/USD exchange rate imposed by the government; the peso/BTC exchange rate reflects the blackmarket peso/USD exchange rate.

Most other terrorist organizations do not have any kind of social media presence, however social media is very new and was really not around nor as big as it is now when other terrorist organizations were at their peak.

You would probably be surprised as to how much money organizations like al-quiata has. They will usually finance themselves from Muslim related donations and likely receive significant amounts per year. Muslim related charities were scrutinized after 9/11 as it was determined that some of them help pay for 9/11
Omikifuse
Legendary
*
Offline Offline

Activity: 1764
Merit: 1009



View Profile
August 12, 2014, 03:34:18 AM
 #19

Believe me, if you are under a war scenario and being invaded by a foreign force, last thing you will want is put your money where you maybe won't ever be able recover again. Or at least not in time when you are suffering from famine or thirsty, or need to bribe someone, or need something from the terrorists to take or they will kill you.

No one will use Bitcoin in war scenario, unless they are planning to scape to a pacific region with Internet access.
franky1
Legendary
*
Offline Offline

Activity: 4228
Merit: 4490



View Profile
August 12, 2014, 12:22:07 PM
 #20

You're all kidding, right?  ISIS is not Al-Queda or the Taliban, ISIS is like the first international terrorist organization to have a huge social media presence and they supposedly have $2 billion in cash.  They've definitely heard of Bitcoin.


Iraqis owning Bitcoin is like Argentines owning Bitcoin.  In theory it sounds possible but in practice who wants to exchange their Bitcoin for some worthless currency?  They're supposedly paying $1000 equivalent in Peso for Bitcoin in Argentina..  in Iraq they'ld have to pay like $2000+ equivalent in Dinar.

guys shut up about ISIS, you have no clue what your even talking about..

there is no ISIS.

the word isis is an american invented word to describe anyone that lives in iraq or syria. it is not the formal group name of extremists, or the command codename of a militia. or even a name that ismlamics, syrians or iraqi's chose for themselves. it is purely an american branding.

if ISIS was to do with the bad people of syria/iraq, it would more likely be an american word like REBISOI
Radical
Extremists
Born
In
Syria
Or
Iraq

but media are using the ISIS to push the subtle idea that ALL people in that area are bad people with bombs and grenade launchers under their bed and we should all fear every single middle-eastern citizen.

secondly the $1.5billion-$2billion is not the 'terrorism' budget of an extremist group. but thats the national budget for the countries civil defense. which EVERY country in the world has a right to spend money on defense.

watch this and then tell me who sounds like a radical extremist more.. iraqi/syrian citizens or american media.
http://www.youtube.com/watch?v=Q2FSMvrlUlY

Quote
they come here to kill us
um how many people came to america to kill... and how many americans went to iraq to kill..

Quote
cut a deal with the devil iran
1. so its not just syria and iraq, now she wants to add iran into the mix
2. she doesnt want a peace deal
3. she decribes the whole area as 'the devil'

Quote
airstrikes, bomb them, keep bombing them, and bomb them again
Quote
i dont care how long it takes, just take out isis
1. so syria has not sent missiles to bomb the western world yet she wants to send missiles to destroy ALL of syria
2. so iraq has not sent missiles to bomb the western world yet she wants to send missiles to destroy ALL of iraq
3. so iran has not sent missiles to bomb the western world yet she wants to send missiles to destroy ALL of iran

Quote
there has been a 60% increase in radical islamic terrorism since obama has been in office
um...... how many americans have died on us soil since obama has been in office. and how many syrians, iraqi, iranians have died on their home soil? so who killed who more in their own homes

Quote
mr president americans dont trust you for good reason, were not convinced you even know who the enemy is
well maybe that is because average joe living in america watching tv, is not being personally terrorised and as such there isnot actually a terrorist enemy.
however the people of the middle-east are purely trying to protect their own land, their own citizens and their oil oil/phosphorous and now and again a small group of middle easterners decide enough is enough.

i do find it funny that any middle easterner with a gun (the army and security guards protecting and defending their territory and on lookout posts protecting the oil fields) are called terrorists.

so lets flip this scenario of terrorism around
afterall if an american on an american piece of land that was an oil field, and that american knew people were going to kill him and steal his oil. wouldnt he be within his rights to hold a gun and maybe use land mines to keep his property safe and keep himself alive
would we describe this american protecting his land and life a terrorist. of course not. Then after taking his land, killing his security guards, killing his family and friends bombing the local army base. would you then call ALL american's terrorists purely because a small group of people wanted revenge?

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
Pages: [1] 2 3 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!