“ISIS allegedly funded the deadly bombings with Bitcoin donations, the UK based Mirror reported. Now a blockchain intelligence company called Whitestream has claimed ISIS used the CoinPayments platform to convert cryptocurrency into dollars shortly before the attacks.”

Hamas is also raising funds through Bitcoin. Earlier this month a fake news site complained that it was “time to silence all those people who were tarnishing the image of cryptocurrencies including Bitcoin by claiming that they are being used to fund terrorist activities.” That is precisely what is happening. Jihadists utilize any and every means available in their quest for expansion. The Islamic State is worth nearly 3 billion according to a report last year, Boko Haram 70-million, while al Qaeda is raking in around 100 million a year. And while many Western agencies like Mastercard and Patreon crack down on those who call out the truth and make efforts to counter the spread of jihad terror, the worst enemies of democracy are proficient in acquiring funding and utilizing backdoor strategies.

Israeli intelligence has warned about Bitcoin that “unsupervised international money transfers make it ideal for use by terrorist groups.” Palestinians have been “planning to create a Bitcoin-style currency that would help the Palestinian economy operate independently of Israeli influence and it is no secret how the Palestinian Authority provides material support to jihad terrorists against Israel.

“ISIS ’funded SL Easter bombings with Bitcoin donations’”, Daily Mirror, May 2, 2019: