Post
Topic
Board Bitcoin Discussion
Re: Bitcoin's Involvement With Terrorist
by
Kprawn
on 09/02/2015, 09:04:20 UTC
Will Its Involvement On ISIS Lead Bitcoin To Its Eventual Ban? http://bit.ly/1C0HIkH

Well, if matters go worse, maybe banning it is just harshest way to go. We live in a free country and banning bitcoin is not so 'democratic'

Maybe there will be stronger drives for bitcoin regulation.

Eventual ban? Not as I see it.
Well, i remember a post in a similar thread making a rough estimate on bitcoin's use percentage in terrorism compared to fiat. And, bitcoin only accounts for 1% of terrorist funding. Guess what's the other 99%? Yes, fiat. The way i see it, they might as well ban all currency and be done with terrorism which is stupid. Even if governments were to manage to find a reason to ban bitcoin, they wouldn't succeed. Bitcoin was built to be just that, decentralized.

5 bitcoins

That is all that has ever been used by a guy in the US that wanted to help ISIS.

Is this the total amount that has been discovered? I think there are other transactions not being linked to it yet, but it will continue, no matter what currency are used.

5 Bitcoins sounds pathetic, but it's something people will try to use, to discredit Bitcoin.