I do believe these kind of people don't understand a simple thing " Bitcoins was made for the people so that they can finally get away from the oppression of big companies and the government itself, thud if they do any harm to the image of bitcoins , they are not gaining profit in any way , nor they are causing problems for anyone , but for them "

These kind of people cannot even appreciate an invention that was made for the people to gain some power. Especially associating bitcoins with terrorism is beyond irreparable.

This is why government wants everyone to do KYC and such even for the most private wallets !

True! But bitcoin is little extra special than any central bank issued currencies - even you know that fact! So there is no denying of the fact that bitcoin has given extra power to these terrorist outfits or drug dealers to continue their shady deals with extra ease because bitcoin is pseudo-anonymous in nature! Silkroute was one of its biggest beneficiaries!

While it's a fact that bitcoin is just a currency, it is also a fact that bitcoin makes the financial transactions easier for such miscreants. Banking channel is highly monitored around the world so crypto has now become their ideal choice as majority of the illegal incidents that we see around the world, has some association with bitcoin. Also it is a fact that bitcoin has nothing to with it because people can use bitcoin as per their own will. But such kind of associations definitely takes a dig at its reputation. Sad but true!   

Another reason for non-bitcoiners to give their opinion that bitcoin is just used for things like this.

If the discussion goes for bitcoin, all they think is that it's all and pure evil. They will not think that having hard cash can also be used for funding even before the invention of bitcoin. There is prejudice if the news is describing bitcoin as it's not a money for everyone.

I hate when news sources tend to focus on the intricate details that Bitcoin was used, in an attempt to sway the opinion of the public to associate Bitcoin with criminals. This is not accepted by the Bitcoin community, and certainly wasn't the intended use for Bitcoin. However, I know that this will be spun in many of the tabloids as being such, that by design Bitcoin allows these sorts of things to exist or something along those lines (ignoring the fact that there's a public ledger which records every transaction in existence). I've seen some drivel over the years. Its highly likely that this terrorism ring, were using several other currencies to as well.

The real focus here should be why terrorism still exists in 2020, and what we can do to stop it.


I'd argue that terrorism is outright wrong, and isn't made worse by using Bitcoin or any other currency for that matter. Terrorism is usually a crime against humanity, which happens to be in this case linked with Bitcoin. However, there has been many before (too many) linked with fiat currencies. The people who commit terrorism aren't known for having much appreciation for anything other than their own motives, let alone something as insignificant as Bitcoin when we are talking about real world lives.

There is some truth in what you said.
But banks are highly corrupted and there are billions flowing to shady businesses
Look at the recent European banks scandal

https://www.reuters.com/article/us-europe-moneylaundering-explainer-idUSKCN1RG1XI


You cannot move that amount of money with bitcoin easily

I'm not sure I have ever heard of cryptocurrency coupons... I wonder why they opted for them when usually people just use cryptos. It's a shame that these coupons were introduced in France to attract people to the crypto sphere, but terrorists are those who got interested. I wonder what's the share of people who genuinely got interested to people who exploited this system for illegal purposes. I'm glad they were caught because financing terrorism is plundering Bitcoin's reputation. That being said, I do agree with bitmover that fiat is also used for illegal activities, and I've argued elsewhere (but I can't find the post right now) that it's used more actively than cryptos.

So they bought it freaking physically. 🙄
Stupid idea to do that since they compromised the very vital point and that's anonymous nature of transaction.

But it's good that this racket was blown off since it was being used to corrupt the use of bitcoin. Just imagine this kind of money might be getting used to buy artillery and terrorism purposes. Who knows, there could be numerous rackets like these and they might just be using power of bitcoin for such evil stuff already. No doubt in that.

If you compare the total amount of cryptocurrencies used from terrorist, within the totally of "fiat" currencies, you will be shocked! :O
I mean, 99,999 % of transactions are made with "fiat" currencies! At any level people sell illegal stuff with "cash" and not bitcoin...
Ok blackmarket and ok there are some group that use cryptocurrencies but statistically speaking they are just an useless percentage of the total!
Cash doesn't leave track. for sure it leaves less track then a bitcoin transaction. We should ban cash? Well in Italy there are some discussions about it ... but it's more related tax evasion.
I think these kind of news are getting popular just because it's involved bitcoin and we know, a strong propaganda has been done in the past years as a currency used for "illegal stuffs".

Majority of illegal activities are still using fiat. But sometimes media will blow-up news like this. Because it is another testament that crypto is being used in illegal activities. But for those who are informed and educated about crypto. They know better how to treat this kind of news. It won't even create a dent on how they look at crypto or bitcoin.

It's you who doesn't understand what bitcoin is, it is freedom, outside the control of anybody.
Just as a knife can be used to cut a cake or stab something, a car to transport people to a hospital or run over innocent people bitcoin can be used for anything that the ones holding it wants, and furthermore, the people labeled terrorist are doing exactly what you say bitcoin was supposed to do, get away from the oppression of the government.

Get used to it, as bitcoin will gain more traction and be used daily by more people it will be used by the same guys that have used fiat till now to commit crimes. Or do you believe in fairytales and think that once we get rid of fiat there will be no more kidnapping, money laundering, crimes, drug deals?