Wednesday, March 4, 2015

Bitcoin Tipping Service Bans User For Attempted Donation to Islamic State


Though rumors that Islamic State (IS) has been seeking to use bitcoin as a means of payment have persisted in the media, so far, little connection has been made between the notorious rebel group and the digital currency.


Perhaps as a comment on this ongoing media narrative, bitcoin enthusiast and AltMarket developer Bryce Weiner (@BryceWeiner) used bitcoin micropayments service ChangeTip to initiate a $1 tip to a suspected IS account (@vvvv_101) this week in an incident that has since caused controversy.


The tweet, sent on 28th February, spawned discussion and sometimes humorous banter on Reddit regarding the role of social networks in facilitating free speech, though at least one of the involved entities is taking the matter more seriously.



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