Sounds like their expert has never used Bitcoin - let alone done basic research on it.
(or the host cut the interview so poorly that he's not responding to the points he appears to be)
...
host: So British cybercop Mick Jamieson specializes in internet fraud, and he cites *numerous* examples of dodgy people using Bitcoins to hide their dodgy activities
M Jamieson: It's filed under an account number and the account number is obviously then referenced to your registration details.
Of course registering for a bank, you would be... Mr Jamieson.. you would give your address.. something like that.
*This*; you give your email address and you give them your IP address.. and any other details they wish you to volunteer.. whether they be true or false.. but of course, they don't require the person to go in with a passport or a driving license or proof of identification or financial history.
host: So basically, you're saying criminals are all using it.
M Jamieson: I think when it comes to the really high level drug traffickers - they trust cash. But yes, any transfer or any transaction which takes place in an environment where people are using details to keep them anonymous, makes it harder for law enforcement. It's obvious.
host: But are digital currencies really such a bad thing? ...
host: There's about 10 Billion dollars of Bitcoin in circulation at the moment
really!? I wish!
host: Theoretically, I suppose, the dreamers have.. have imagined we could one day develop currencies that somehow bypass central banks in the same way that the the internet itself seems to revolutionize commerce. That that an online currency could could bypass the men, the men in grey suits who've controlled everything up til now.
Hmm.. yes.. perhaps one day someone will invent... Bitcoin! :/
