Terrorists Turn to Bitcoin for Funding, and They’re Learning Fast

Re:Terrorists Turn to Bitcoin for Funding, and They’re Learn... by error629 on Monday August 19, 2019 @03:14AM (#20735591)

Cryptocurrency can adapt & wallets can be frozen in some instances. Point being, something can be done. Governments can pick and choose their cryptocurrency once Swift is replaced by Japan.

Fiat money can't & will always be used for terrorism.

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Re:Terrorists Turn to Bitcoin for Funding, and They’re Learn... by tuesdayrain on Monday August 19, 2019 @03:31AM (#20735672)

There is no way to reliably freeze BTC wallets as far as I'm aware. At best you could convince certain exchanges or miners to blacklist them, but even one that allows a trade or transaction to go through should be enough to swap to a different currency and lose anyone following the trail. Curious if there's another way that I don't know about.

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Re:Terrorists Turn to Bitcoin for Funding, and They’re Learn... by jbverschoor on Monday August 19, 2019 @03:43AM (#20735731)

BTC, no.. if you’re implemented a cryptocurrency using for example ethereum, you could easily do that, and some actually do so.

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Re:Terrorists Turn to Bitcoin for Funding, and They’re Learn... by cameronbrown on Monday August 19, 2019 @03:46AM (#20735740)

So something can be done, if the terrorists happen to be using a crypto with that functionality included. So basically, nothing can be done if they just use a different network? Or even just the most popular network.

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Re:Terrorists Turn to Bitcoin for Funding, and They’re Learn... by eks39 on Monday August 19, 2019 @03:49AM (#20735763)

BTC, yes https://wiki.trezor.io/CHECKLOCKTIMEVERIFY

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