To understand how crypto is helping terrorism or illegal activities first you need to know what a blockchain is.
BLOCKCHAIN
So, Crypto functions on blockchain technology. In layman’s language Blockchain is chain of computers or servers (Blocks) which routes your transaction through it so that no one can find out the root of transaction.
Also, as in banks there are ledgers of every customer which is BANK STATEMENT, which shows details of all transaction. However in crypto currencies, due to blockchain, the ledger is distributed. No centralised system is there to record these transaction.
How it is helping terrorism?
Due to this, illegal transaction including money laundering, Hawala, foreign transfers, etc. are increasing day by day as no one can trace the root of transactions. This is benefitting terrorist activities as they are receiving money from the masterminds and these masterminds are untraceable.
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