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Bitcoin Is a ‘Boon for Surveillance’, Says Former CIA Director Blockchain technology is underutilized as a forensic tool, argues Michael Morell in a new report. In brief The narrative that criminals are using Bitcoin for illicit activities is overstated, a new report by Former CIA Director Michael Morell argues. Government agencies should make better use of Bitcoin s technology as a forensic tool, he said. The technology behind Bitcoin is a “boon for surveillance” and shouldn’t be shunned by governments but embraced, according to an ex-CIA boss. Michael Morell, who was previously the CIA’s acting director, said in ‘An Analysis of Bitcoin’s Use in Illicit Finance’ that “blockchain technology is a powerful but underutilized forensic tool for governments to identify illicit activity and bring criminals to justice.” ....
Former CIA Acting Director Praises Bitcoin Technology as 'Boon for Surveillance' sputniknews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sputniknews.com Daily Mail and Mail on Sunday newspapers.