Quote from: maydna on November 04, 2018, 02:42:54 AM

But we don't know the truth because when someone uses bitcoin for the transaction, we don't know who they are and what the purposes of the transaction.

I think that we could actually pretty much know why people are transacting and how much money is
Involved in every transaction mate, with every transaction if you will, there is a price, date and also
Sets of addresses linking them with each other no matter the amount. I can tell you that transacting
With Bitcoin to transfer money is a very difficult task for everyone, you first need a buyer to give you
What you need or want for your coins, then you have a few limited options to deal with, you could either
Do the trade in an exchange and have everything on the record and not just your information but all the
Information of the buyer such as bank accounts, names and addresses and a link to their real life identities.
Or you could set up a meeting with the buyer and have cash to coin transaction which is not something
That any terrorist would want to do, a terrorist would never want to do any of those things because just
Having your money delivered to you through shell companies is better than having everything out in the
Open for the world to see and know about. if you are a terrorist you must be smart and know that selling
Bitcoin is more difficult than it looks like, selling Bitcoin is not as easy as anyone thinks it is, people don't
Go and decide to buy Bitcoins on a daily basis, nobody actually sells Bitcoins in bulk or buys Bitcoins in
Bulk, not to mention that terrorists are not independent from governments, most of the governments around the world support terrorists groups in a sense, having other governments to know that you are
Helping terrorists is not a thing for them. that's what going to happen if you decide to fund terrorists with
Bitcoin, all the government agencies would realize sooner or later that you are helping them because
Most of the exchanges are regulated.
Unless terrorists love to suddenly lose a large amount of money over a short period of time, I can see
No reason as to why a terrorist group would want to have investment on something as volatile as Bitcoin.

Quote from: Reid on November 04, 2018, 07:49:01 AM

I do think what they say is true.
Terrorist wont use something without physical attributes. They all prefer cash, specially USD which is the most popular of all.
It is like every arms manufacturer or bomb creator will prefer it that way since it can easily be exchanged to their own currencies.

It wont be bitcoin. They might not even know about it.

Saying that terrorists might not know about Bitcoin is rather being naive mate, of course they know about it.
What I believe is that most of them have Bitcoins and know everything there is about the technology like
Block chain, I'm even convinced they are investing vast amounts of resources into these new technologies. frankly if these terrorist groups are not in to Bitcoin and other exotic new technologies
I'd be surprised because no ordinary people become known as terrorists, they mostly have great ideas
About everything, they just don't know how to put them in good use in a way that everyone in the world
Could use and benefit from their ideas.

freebutcaged

Posts

Merits