Bitcoin get address balance
In recent days there have been a slew of articles published reporting how the Combating Terrorism Technical Support Office has listed Bitcoin as one threat area that they are seeking submissions to research in preparation for future possible terrorist attacks. According to a report in the IBTimes,Bitcoin has been included in the list due to its ability to ‘shape’ the future of threat finance.
It is no surprise that the U.S. military is taking an interest in Bitcoin. By its very nature,Bitcoin seems a perfect match for the criminal,the drug lord and the terrorist. It can be sent anywhere,anonymously and nearly instantly. Huge amounts of funds can be stored out of the reach of governments,sent instantly,or parceled out into tiny sums to support a worldwide network of evil doers.
The reality is likely to be a bit different,though. The first problem with this scenario is that Bitcoin is still a very illiquid currency. While trading at LocalBitcoins.com for small sums remains a viable option,cashing out on any of the major exchanges is going to mean that the terrorists will need a bank account,address,or other identifying information which will automatically be seen of as ‘of interest’ due to its association with Bitcoin. Then there is the fact that any major movement of Bitcoin into fiat is going to cause a major price shift,diluting the amount of money the terrorists can get for their project.
