5 ms·
The article specifically says Bitcoin is thought to be too transparent for terrorists to use seriously, and that the gov't is more worried about the possibility
by rebuilder 10y ago
The article specifically says Bitcoin is thought to be too transparent for terrorists to use seriously, and that the gov't is more worried about the possibility of new, les traceable cryptocurrencies being developed.
- verroq 10y agoLike zcash?
- ericb 10y agoMonero is a more likely candidate for the winner in this category.
- lostlogin 10y agoOr are they worried about the idea of a future where their spending is transparent?
- mark_l_watson 10y agoExcellent point. Here in the US, we have payoffs to government officials on the local, state, and national levels. I like the idea of a Bitcoin like currency with 100% transparency in universal use. Privacy is important to me, but if everyone on earth had access to all financial transactions that would help stop corruption. Use case: turning my personal software agent to free to evaluate candidates in upcoming elections, not invest in companies if I dislike who they do business with, etc.
- icebraining 10y agoThere are many ways to evade such a system already. For example, one of our ex-PMs didn't get any money from a certain company; they just paid €25M to another guy, who was such a friend that he paid for the ex-PM's home, hired his wife and driver, bought thousands of copies of his book, etc.
- kahnpro 10y agoWow, he sounds like a really great guy! Everyone needs a friend like that.