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.
Considering the fact that crypto is being used in the black market specifically bitcoin, there's a huge possibility that it is being used by terrorists all over the world. I have watched a series in Netflix wherein there's an instance where they bough their large weapons for a heist in the blackmarket and mentioned the value of it in bitcoin. It may be just a show but who know what are the things being sold in the black market. It would be very possible since the black market and crypto can't be regulated or controlled by the government of any certain country in the world.