Post
Topic
Board Bitcoin Discussion
Re: Bryce Weiner attempted to tip ISIS!?
by
sAt0sHiFanClub
on 09/03/2015, 05:42:18 UTC

They've been using BTC for some time to raise funding for the terrorist activities.

They've also started selling antique and historical pieces from museums that they claim 'doesn't represent Islam' and whatnot.


Wow.  Do you have the links to where we will find that? Sounds interesting.

Yes please do provide a link because i do not believe it these guys take over banks and oil fields what do they need with bitcoin? The price is far to low for them to have been in it. What i think you are confused with is scammers pretending to be them and taking coin from the fools that is the thing with fools they will be parted with their money unfortunately. 

There are quite a few articles. A simple search online will bring you quite a few sources. Here are just a few.
http://www.newsweek.com/2014/11/14/how-does-isis-fund-its-reign-terror-282607.html

http://securityintelligence.com/isis-are-they-using-bitcoins-to-fund-criminal-activities/#.VPo_gMXgHa8

http://m.benzinga.com/article/5195010


From the first article:
Quote
despite ISIS’s dependence on high technology, the group does not yet appear to be using virtual currencies like Bitcoin to avoid engaging with the global financial system

That alone would suggest you are wrong in your original assertion?

But in your defense, from the last article:

Quote
The firm says the ISIS group had already received roughly $1,150 worth of bitcoins before the account was shut down by the FBI.

We should ignore all other sources and concentrate on this. its obviously key. :-)

Can you agree that Bitcoin is NOT a source of funding for ISIS?  The US dollar is.