Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin be used to support terrorists?
by
paulmaritz
on 10/03/2018, 19:17:03 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?

The reality is that anything of value can be used to support terrorism. However, if you're worried about currencies being used to fund terrorism, then you should be most concerned about the US Dollar. No other currency, including Bitcoin, beats the US Dollar when it comes to the funding of terrorism.