Post
Topic
Board Bitcoin Discussion
Re: Why don't people under ISIS rule buy bitcoin?
by
kokojie
on 13/08/2014, 13:56:32 UTC
http://www.panture.com/bitcoin-could-financially-liberate-citizens-under-isis-rule/

I see people from Iraq and Syria on the internet, it's not like it's shut down. When terrorists come to your down asking for a tax, just show them that you have nothing. All you have to do is hide your private key, or use an online wallet like Coinbase. Using something like PayPal or Western Union can be risky, as terrorists are aware of it, and those services don't like doing business with those citizens anyways for obvious reasons.

We need to focus on educating people in third world countries more, that is where bitcoin can do the most good.

It's not that easy, about 400 years ago when Manchurians invaded China. Manchurians made a law in occupied territory, that each month the Chinese must pay 3 bushels of grain per person (doesn't matter how you get it, you can buy it or grow it yourself) OR be beheaded.

ISIS could just adopt a similar policy.