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?
Though most of us already knew the answer to this question let me just share my thoughts on this...
Actually, There's no stopping if evil doers use bitcoin to support terrorists, same as how we are using bitcoin for our personal gains, since bitcoin is decentralized, which is open to anyone and very difficult to be traced which would be convenient for them to make transactions, so it is not impossible. One good thing about that is if more of them use bitcoin it would contribute to the increase of its value. However if there's a widespread news that bitcoin were widely used for illegal transactions, of course, it would negatively affect not only bitcoin but all of us, and I am not sure as to what would be the actions that the government would take in order to stop them (terrorists) from using bitcoin that might greatly affect as all.