Bitcoin: Currency Of Choice For Jihad?

Author James Mash 8.7.2014. | 11:03

If you are not familiar with a channel called the news then you may or may not have heard of ISIS. ISIS, which is an abbreviation for the Islamic State of Iraq and Levant, is a group of Sunni Muslim extremists that have banded together and slowly creating their own territory in the Middle East. Cities in Iraq and war-torn Syria have fallen; even some members of the Iraqi army have tucked their tail in and ran off when they heard ISIS were coming to town. The leader and self-proclaimed Caliph is Abu Bakr al-Baghdadi, and he has now called on Sunni Muslims from across the world to re-unit and establish this Islamic dream.

A post that is titled “Bitcoin and the Charity of Violent Physical Struggle” has the author mentioning that donations would be extremely difficult to monitor by governments. As a result, Muslim extremists would be able to fund others worldwide almost untouched. There is even mention of a Dark Wallet, which is a bitcoin wallet that makes it difficult to trace any transactions. Bitcoin has gained interest worldwide as well as criticized worldwide, for example China refuses to deal with Bitcoin while Canada warned earlier this year of the dangers of this currency.

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Author James Mash 8.7.2014. | 11:03
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