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.
Its very obvious criminals such as terrorist would always devise a smarter ways of funding their organizations, I am very sure they would capitalized on the decentralized features of cryptocurrency to send and receive funds anonymously to fund their criminal and nefarious activities thus beating any securities means of tracing or tracking them however they would find it difficult when exchanging their crypto to fiat based on the huge amount of cryptos involved thus the source of the fund might be questioned.