Crypto is a poor form of money for jihadists because they usually need to purchase goods with cash often in areas with unreliable technology.
According to this Forbes articleSo they don't have computers, bitcoin merchants, fibre optics or 4G coverage in the dusty dessert or hideout hills.
According to Yaya Fanusie, director of analysis for the Foundation For Defense of Democracies Center on Sanctions and Illicit Finance: Cold hard cash is still king"
So will they ban cash to prevent terrorism ? That would be some good hype to get the next bull run started !
No no ofcourse not, only crypto is used for terrorism.
Cash, cars, knifes, cellphones, computers etc are all fine and are never used for terrorism.
