Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin be used to support terrorists?
by
sirslayer
on 21/10/2017, 11:56:14 UTC
On March 8th, Cheollima Civil Defense(CCD) released a video on its website claiming:” Han Sol, the son of Kim Jong Nam, and two other family members were met quickly and relocated to safety. “ And they receive bitcoin for financial support. http://news.8btc.com/bitcoin-plays-a-role-in-humanitarian-assistance This is something nice to do. But what if bitcoin be used to support some bad organizations, even terrorists? Is this already happening?  What i am worrying is if bitcoin be widely used for bad things, negative news would be all over and bitcoin price will drop. It will lead to tougher regulation. Do u think world leaders are willing to kill btc to make sure they can fight terrirists?

Yes, it probably is used also for such purposes. But i would say in much smaller extent than USD. Yes i don't see anyone saying - dollar is a criminal money, it should be banned...
Well I think there is a possibility that bitcoin can be used by terrorist but I think it’s not a mistake of bitcoin as terrorist are using other currencies so they can also use it and I think which will not be a good thing because when you study bitcoin it will teach you about trade, investment, mining it will not tech you about terrorism so we need to use it for good things.