FBI says crypto concern is getting ’Bigger and Bigger’

FBI says crypto concern is getting ’Bigger and Bigger’

In a recent U.S. Senate Committee on Homeland Security And Governmental Affairs hearing, Sen. Mitt Romney expressed concerns about Bitcoin’s potential as a threat to national security. The FBI Director Christopher Wray has replied that cryptocurrency is a concern that’s ’going to become a bigger and bigger one’.

Timothy
Timothy
Tachyon
Tachyon 5 months

To which I say, "too bad, that's your problem!". Don't get me wrong, I support law enforcement and the pursuit of criminals, but I value freedom and privacy for law abiding citizens more. The idea that we should give up either simply to make law enforcement's job easier is abhorrent to a truly free and democratic society. Secondly, a truly decentralized cryptocurrency, properly setup and without government control, can free all of humanity from the scourge and pestilence of central banks. If that means LEO's have to work harder to arrest criminals, so be it. It's a small price to pay for such a huge freedom.

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