Technological advances have created a new economic order, where international transactions can be made at the click of a button. Although most cryptocurrencies were created as a product of innovation in line with technological advances and with good intentions in mind, the use of such technologies by malicious users is not a nuanced concept. The Bitcoin, operating in the cyber realm, has created a currency that can surpass institutions and eliminate transparency, providing a perfect agency for anonymous transactions. As governments grow concerned about taxation and their lack of control over the currency, the Bitcoin also poses serious means of funding illicit activities and terrorist organizations. To what extent can the Bitcoin develop and morph into a serious currency utilized to finance terrorism?