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It’s a big question to what extent the wars are/aren’t an extension of economics. My understanding it’s a direct relationship. ISIS got their money from selling
by flatfilefan 8y ago
It’s a big question to what extent the wars are/aren’t an extension of economics. My understanding it’s a direct relationship. ISIS got their money from selling oil or from sponsors selling oil for dollars or printing dollars. Police is another matter. But as much as crime has to do with cash money or centralized capitalism it may become moot when fiat money and related misuse potential is abolished.
- arcticbull 8y agoA decentralized (except for China), un-regulated payment system currently being used primarily to break the law with the purchase of illicit narcotics, goods and services is going to prevent the funding of terrorism how exactly? My understanding is these groups are using it already. Here's a writeup on how North Korea is actively using Bitcoin to circumvent fiat sanctions [1] from a pro-crypto news source. Here's one on how Mexican cartels use it [2]. If anything this means we'll need a bigger army. How is abuse going to be abolished through a system literally designed to prevent any form of controls? [1] https://cointelegraph.com/news/north-korea-increasingly-uses-crypto-to-avoid-us-sanctions-experts-claim https://cointelegraph.com/news/north-korea-increasingly-uses... [2] https://www.ccn.com/how-mexican-cartels-use-chinese-crypto-brokers-to-launder-drug-money https://www.ccn.com/how-mexican-cartels-use-chinese-crypto-b...