I am sure terrorist use cash, bank transfers and any other money transmitting services to pay for the stupid ideas. I wish they would just pool all their money together and blow themselves up, if they really believe in all those virgins then why wouldn't they do it.is it true? how can we stop it?
In Ukraine, it was cyber attack via email letters. Most Likely from Russian hackers. But there not was anything related with bitcoins.How about the recent cyber attack on Ukraine? A great example in my opinion.
Why should we stop it in a first place? Terrorists use air - ban air. The thing you mentioned is equally absurd. We should stop terrorists, not ban or change things which they are using. To prevent terrorists from using it, it must become not anonymous. And the thing is it would prevent casual users from using it too.is it true? how can we stop it?
You stop it by not negotiating with terrorists. Full stop.is it true? how can we stop it?
Please tell me that is some type of joke "let the government control bitcoin" you must be jokingYes, everyone knows that terrorists use bitcoin because it is a very comfortable currency. However, they used the usual cash in the past. In this case, it doesn't depend on the type of money. Only a government that can protect all currencies, including Bitcoin. So, just government can control it.
That's why bitcoin exchanges have to comply with KYC and AML laws but there is no need for the government to know who hold the private keys to each and every bitcoin address out there, it would be an impossible task for them to undertake anyway.Even though It's considered good that bitcoin keeps anonymous, but I think it has to identify the personal information in terms of crime experience and terror experience
I think you have a little more homework to do on bitcoin before commenting in a way that can scare and spread FUD onto others.Yes, terrorists use cryptocurrency, because there are certain benefits, such as the impossibility of tracking all transactions. However, they also use regular currency... As for me, the problem isn't in the cryptocurrency, but in the existence of terrorists. Can we stop them? I don't think so.
I think you have a little more homework to do on bitcoin before commenting in a way that can scare and spread FUD onto others.Yes, terrorists use cryptocurrency, because there are certain benefits, such as the impossibility of tracking all transactions. However, they also use regular currency... As for me, the problem isn't in the cryptocurrency, but in the existence of terrorists. Can we stop them? I don't think so.
All bitcoin transactions take place on a public ledger called the blockchain that anyone can look at, no hiding anything when you send bitcoins to each other.
Yes that is correct, if you know what you are doing then you can mix your coins in a way that would make it very hard for people to track them down but as you say Blockchain analysis is big business these days, a lot of these companies know what they are doing now and can follow bitcoins through mixers and out to an address on the other side, diffidently not in all cases or even many but they have been know n too do so in some.I think you have a little more homework to do on bitcoin before commenting in a way that can scare and spread FUD onto others.Yes, terrorists use cryptocurrency, because there are certain benefits, such as the impossibility of tracking all transactions. However, they also use regular currency... As for me, the problem isn't in the cryptocurrency, but in the existence of terrorists. Can we stop them? I don't think so.
All bitcoin transactions take place on a public ledger called the blockchain that anyone can look at, no hiding anything when you send bitcoins to each other.
There are many ways to obfuscate transactions and history. The first of course is an HD wallet and always using new keys. Don't reuse keys, this is like the very first thing everyone must know.
Blockchain analysis is big business! But if you have nothing to hide, then you're okay. While it's easy to track the history of coins, there's no identity attached to those coins so you really have no idea if the private keys are stored on the other side of the world or next door, especially if people go through tor or other obfuscation techniques.
One new technology that helps with fungibility a lot is Open Dime https://opendime.com/
That said, terrorists will use cash, gold, bullets, food, cigarettes, or whatever contraband as currency. I think for terrorists that weapons and bullets are far more dangerous than Bitcoins, so maybe we should focus on where they are getting those from first. All in all, there's no way to stop them from using Bitcoin just as there is no way to stop bankers from using Bitcoin. If they want to use it, they'll use it. Nothing we can really do about it.
We can't, unless they are incredibly stupid and their private keys can be seized. We can't stop violent groups using bitcoins any more than we can stop states engaged in violent or terrorist acts creating and using their own currency.is it true? how can we stop it?
Bingo. These arguments are put forward to the general population as the excuse, and not the real reason at all.I am sure terrorist use cash, bank transfers and any other money transmitting services to pay for the stupid ideas. I wish they would just pool all their money together and blow themselves up, if they really believe in all those virgins then why wouldn't they do it.is it true? how can we stop it?
I really think it's just the big bad fat cat bankers running scarred and getting their mates in the media industry to release all the "terrorist use bitcoin" stories just to make it look bad and in turn put public pressure on the government to do something about regulating the industry.
Cash is used by terrorist as well. They are testing grounds for any new tech.is it true? how can we stop it?
We cant.. But my guess is that more terrorists use US dollars more than they use Bitcoin. The day the government stops them from using the USD is the day we can start worrying about this. I just think the whole argument of bitcoin being used by terrorists absurd. This is just a way for governments to try and scare people away from buying bitcoins. Dont let these governments fool you. Keep calm and buy bitcoins.is it true? how can we stop it?
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