Cover of the “Morning Brew” today was the Hamas being funded by cryptocurrency article.
It starts.
The article states Hamas raised $30,000 in Bitcoin in 2019 and $41 million worth of crypto was deposited into wallets linked to Hamas between the summer of 2022 and summer of 2023.
“Crypto’s anonymity and near untraceability have made it a popular choice for terror financing” is how the article ends.
This Forbes article from 2009 explains a different story on how Hamas gets it money, long before Bitcoin was a talking point.
https://www.forbes.com/2009/01/16/gaza-hamas-funding-oped-cx_re_0116ehrenfeld.html?sh=1c9ef3cc7afb
The numbers are staggering, in 2009 dollars, compared to the numbers reported being funded by crypto today. It feels this is a deliberate effort at this stage in the game to have people that know nothing about bitcoin read these headlines and strengthen their hate for bitcoin because it’s funding the killing of innocent children.
Absolutely some money has come from Bitcoin and other cryptocurrencies, no doubt. But bitcoin certainly isn’t the enemy here.