Quote from: tetyulfania on November 28, 2019, 11:42:01 AM

Quote from: BarryBBensonCoin on November 28, 2019, 06:46:07 AM

Considering that there are still many terrorist groups or insurgents groups around the world right now fighting with weapons that probably cost a lot. Do you guys think that they use cryptocurrencies in order to fund their armies or do they stick with trading with cash or trading valuable resources that they have?

I would not be surprised if they do trade with cryptocurrency considering that cryptocurrencies are really hard to trace compared to the conventional means of trading such as cash or valuable resources. Unless their funders dont really accept cryptocurrency and they stick with the older methods of payment.

By the way, just to make it clear. I am not in any way planning to make a terrorist group or insurgency, I am just asking out of curiosity as I can see that those terrorist groups or insurgencies in the news must get their funding from somewhere and I was wondering what means do they use to trade for their equipment.

I don't think terrorism have payment using bitcoin and altcoin, I think hard for them using bitcoin because have take KYC and verify document account each transaction, when pass KYC they can use bitcoin account, but how come they will use bitcoin as payment transaction when need internet for accessing to bitcoin account, they stay with place without internet I think.

There is many ways to convert crypto currency not only in exchange you can sell it peer to peer or sell it much cheaper rate people so you can have buyer easily. As simple as that, thats why its really possible for them to use crypto as mode of payment but we dont know what is running in thier mind even its possible they are the one who can decided if they want to use it or not.