Crypto is a poor form of money for terrorists.

[Crypto]

Crypto is a poor form of money for jihadists because they usually need to purchase goods with cash often in areas with unreliable technology.

According to this Forbes article

So they don't have computers, bitcoin merchants, fibre optics or 4G coverage in the dusty dessert or hideout hills.

According to Yaya Fanusie, director of analysis for the Foundation For Defense of Democracies Center on Sanctions and Illicit Finance: “Cold hard cash is still king"

So will they ban cash to prevent terrorism ? That would be some good hype to get the next bull run started !

According to the Forbes article a group called Mujahideen Shura Council (MSC) in the Environs of Jerusalem - was able to lure only two contributions for a total of a little over $500 in weeks of a 2016 online campaign. MSC sounds like a Microsoft certification. Perhaps the contributions were accidental and two suckers are still waiting for their online courses.

So not only is it terrible to use for the terrorists - their supporters appear to be crypto broke too.

Sounds like a business opportunity for a gun dealer to accept jihad coin. Make sure to use escrow. You cannot trust terrorists.

[Nikko]

Crypto is a poor form of money for jihadists because they usually need to purchase goods with cash often in areas with unreliable technology.

According to this Forbes article

So they don't have computers, bitcoin merchants, fibre optics or 4G coverage in the dusty dessert or hideout hills.

According to Yaya Fanusie, director of analysis for the Foundation For Defense of Democracies Center on Sanctions and Illicit Finance: “Cold hard cash is still king"

So will they ban cash to prevent terrorism ? That would be some good hype to get the next bull run started !

According to the Forbes article a group called Mujahideen Shura Council (MSC) in the Environs of Jerusalem - was able to lure only two contributions for a total of a little over $500 in weeks of a 2016 online campaign. MSC sounds like a Microsoft certification. Perhaps the contributions were accidental and two suckers are still waiting for their online courses.

So not only is it terrible to use for the terrorists - their supporters appear to be crypto broke too.

Sounds like a business opportunity for a gun dealer to accept jihad coin. Make sure to use escrow. You cannot trust terrorists.

I have a little idea on this. I agree with you because it is open market. I think people should be careful about terrorism. In my opinion, the code is not suitable for terrorist activities. Some people believe that passwords are used for illegal transactions because of this kind of news. If they do not have any knowledge of using it, they will not use it successfully.

[ZionRTZ]

I do not really get the point of the article. These mainstream people better not underestimate the capabilities of these groups when it comes to crypto

[TERENCIO]

This is a good article, it will give a good image to Bitcoin that Bitcoin is not for terrorism or not for dark web.  We need a lot a good article like this, to clear the doubts of people who are still skeptic about Bitcoin.

[Jaguar]

Well, even crypto  be regulated, terrorist can do another way to connect in cryptocurrency. We should not look down what terrorist can do for some are very intelligent than us. They can hired or push the person to do whatsoever they planned to achieve their goals. I hope that it will be stop as crypto is not for bad intention or even for evil purposes.