US government wants to fight crime with crypto currencies

There are only two weeks left from 2016 and bitcoin seems to be busy „catching up“. For a long time analysts have predicted that bitcoin would reach 800 US dollars by the end of the year. Looking at the last few days, this could become reality. Currently bitcoin is trading at 791 dollars and is therefore only 9(!) dollars away from this hurdle.

But not everyone celebrates this cryptosoft review

The US government is still hanging around with the idea that bitcoin is the most popular cryptosoft review for criminals and terrorists. And they are most likely to use the digital currency for their atrocities.

However, some representatives believe that terrorists could create a cryptosoft review that is so anonymous and powerful that there is no way to find out the identity of the co-conspirators. (Editor’s note: Monero, Zcash, ShadowCoin…?)

Joshua Baron, theoretical cryptographer and mathematician for Rand Corp., shares his knowledge with a US government think tank. His mission? Find out if the enemies of the nation want to create such a currency. Currently, there is no evidence that anonymous money is being developed in this form.

Crypto trader scam crime is relatively low in the United States

„We are trying to find ways for the government to prevent crypto trader scam with onlinebetrug and new virtual currencies for terrorists, non-state actors and separatists,“ he said.

Juan Zarate, senior consultant at a Washington think tank center for strategic and international studies, worked on the problems of transparency in digital crypto trader scam currencies. He has actively fought money-based crime in the crypto sector. In 2003, he led a team of Treasury experts to freeze personal accounts of American enemies to „provoke trouble“. He explained that the model they have introduced prevents major crimes and that the government does not have to worry too much.

„We have now made it very difficult for members of the Islamic state to receive money or send money around the world,“ he said. „Even Iran has difficulties.

First, Treasury officials will observe and let pass the development of bitcoin and other crypto currencies. However, they keep a critical eye on the development in order to be present in time if something unusual happens.

„Such anonymous money does not yet exist? Let us please remember the security theatre for Zcash. There I ask, among other things, the following question: ‚The federal government does not want the surveillance of WhatsApp and Co. nation states to be seen as potential attackers of this currency? At the time I wrote this article, it was just a logical conclusion. That after a little more than half a month we see more or less evidence of such activities, frankly surprises me.

It’s not as if I didn’t expect it. Rather, I wonder how quickly such information comes to the public and how here it is more or less ’said by the flower‘ that anonymous digital currencies can be seen as a terrorist weapon.“