Terrorists. Cryptocurrency haters have been using the excuse of terrorists for years now. They argue that cryptocurrencies, particularly those with privacy features, will inevitably be used to fund terrorism and launder money.
Is there any truth to this claim? Are terrorist groups using crypto to fund their operations? According to a report by the nonprofit RAND Corp., the group famous for producing research documents for the US military, terrorists are not generally using crypto. The reason? Crypto just isn’t widely accepted enough.