A supporter of Sunni terror group ISIS has outlined how to support the movement using Bitcoin.
One cannot send a bank transfer to a mujahid or suspected mujahid without the kafir governments ruling today immediately being aware. Perhaps, a few incredibly wealthy Muslims may find ways to avoid this system, especially ones in Arab countries, however the majority of Muslims are incapable of donating to those who need it most.
The solution is Bitcoin, he says. It is anonymous and decentralized, and with an extra layer of encryption called mixing, the author says, transactions would be “untrackable.” He uses former online marketplace Silk Road as an example of a once-successful instance of how illicit goods could be purchased online with the digital currency:
The Silk Road was the popular online market running mostly on Bitcoin. It was an online black market that could have potentially be used for anything from purchasing weapons to donating to mujahideen, though most kufar used it to intoxicate themselves. It utilized user’s Bitcoin wallets, mixers to confuse those trying to spy on transactions, reputation systems, private messages, seller pages, and arbitrators, which could be readapted to be qadis.
The author demonstrates a keen understanding of how the cryptocurrency works.
It is a digital only currency created through a process called mining. A mining machine is a powerful computer that processes recent transactions sent through the Bitcoin network, and validates them. If it finds that the transaction is legitimate, the money, Bitcoins, are sent and some Bitcoins are given to the miner. The people sending Bitcoins get their transactions validated and the miner receives a small fee, benefitting both sides. This system allows for no counterfeit Bitcoins to ever exist, as each one can only exist alongside validation. Bitcoin is sent instantly across the world, with waiting times not exceeding fifteen minutes on the norm.
The author advises sympathizers to set up accounts on Dark Wallet, a service that offers ramped-up anonymity for completing transactions.
The Pentagon’s Combating Terrorism Technical Support Office recently named virtual currencies as a potential threat to be investigated, although the Treasury has said terrorists would still need to rely on real currency to fund their operations.
Sky News’ Tom Cheshire was first with the story. Here’s the full PDF: