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?
It is possible that bitcoin can be used by others to support terrorists. Why? Bitcoin doesn't need bank to bank transaction to send it. It only requires internet connection to send bitcoin to terrosrist, after that, they can encash bitcoin to many encashment establishment without requiring their identifications.