Hamas Calls for Bitcoin to Combat Israeli Freeze of Millions of Dollars in Qatari Aid

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The militant arm of Hamas in Gaza has made an appeal for Bitcoin funds after a decision by Israel to temporarily freeze millions of dollars in Qatari aid to Palestine.

Hamas, the de-facto ruling authority of the Gaza Strip in Palestine is regarded by several countries, including the US and the EU, as a terrorist organization. Russia, Turkey, and China are among those major world powers who do not subscribe to the definition.

The official Telegram channel of Abu Obeida, a spokesman for Hamas’ Izz ad-Din al-Qassam Brigades, made the appeal for Bitcoin asking all lovers of the resistance and the supporters of our righteous cause to support the resistance financially using Bitcoin.

Hamas has been the voice of Gaza since taking power from the Palestinian Nationalist political party Fatah in 2007 after a military conflict, although the Gaza Strip is now blockaded by both Israel and Egypt. Israeli Prime Minister Benjamin Netanyahu’s decision to freeze millions of dollars in Qatari aid – including USD 15 million a month to pay the salaries of Hamas civil servants – has heightened the current tension between Gaza and Israel. Abu Obeida’s latest message hinted at the request for funds:

“The Zionist enemy is fighting the resistance by trying to cut its support by all means, but the resistance lovers in all the world are fighting these Zionist attempts and are seeking to find all possible support for the resistance.”

A recent congressional hearing in the US confirmed that in general, fiat currencies are the preferred choice of funding for terrorist activities or arms and that the success of fundraising for such groups through cryptocurrencies has been limited.

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