Is Bitcoin a Terrorism Threat??
The US Government is once again in turmoil around crypto currencies – they can’t quite seem to make up their minds whether to accept, try and regulate or outlaw digital currencies – it should then come as no surprise that the DoD have started to stick their considerable nose into this same question…
The United States government just cant quite decide whether to regulate bitcoin, or deem it a threat by declaring it a form of financial terrorism. The digital currency regulated only by mathematics is now being seen by government officials as an emerging threat, possibly to national security. It is worth noting that Dollars or other reserve currencies are just as likely if not more likely to be used for terrorism than crypto-currencies.
The United States government just can’t quite decide whether to regulate bitcoin, or deem it a threat by declaring it a form of financial terrorism.
The digital currency regulated only by mathematics is now being seen by government officials as an emerging threat, possibly to national security.
According to IB Times, a counterterrorism program being conducted by the Combating Terrorism Technical Support Office (CTTSO), a division of the Department of Defense (DoD), is seeking help from vendors asking for information on “state-of-the-art technologies” that could potentially pose a threat to the U.S.
With Bitcoin undermining the status quo of centralized monetary institutions, rest assured this won’t be the last time the Government attempts to equate crypto-currency with terrorism. Stay vigilant!
Via bitcoinmagazine.com
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