http://www.cnn.com/2014/11/13/world/meast/isis-currency/index.html?hpt=hp_c2ISIS is planning to mint its own currency in gold, silver and copper, the group said Thursday.
Its aim is to stay away from the "tyrant's financial system," ISIS said in a statement. It said it would issue another statement to explain the new currency's exchange rate, and where it can be found.
Sounds like they are printing their own kind of FIAT. More scamcoin. I think this is a great opportunity to show them Bitcoin and get some users from the Middle East. The anonymity and low fees are sure to be a turn on. How can we spread the word and help Bitcoin go TO THE MOON!?
I THINK YOU ARE CONFUSED. RETHINK YOUR LIFE. COME BACK.
There might be alot of evil people and tyrans out in the middle east, but the isis state is a completely faschistic organisation using old cultural symbols of a religion comparable to the regime of North Korea. Its using its power to get into space, where fallen tyrans had their playground.
I dont think they are building fibre lines there. Just giving bread and water to people left without structure of a state (infrastructere like canalisation,roads,parks,schools,libraries,civic center,public transport,hospital,insurance,banking etc....), left in chaos.
When they get more control, they will relax the beheadings and the stealing, and give people more freedom to produce resources for them. Exactly like your own government did. Trace it back in history.
In a few years, they will become member of the UN and make trade agreements all around, may be also spying agreements, agreements to make absolutely sure that everyone is taxed at least once, and agreements to be able to exclude someone from the payment system. They might also be given some money to kill off some common enemies.