Topic: [2016-05-07] CD: Bitcoin Organized Crime Research Funded by Germany and Austria (Read 312 times)

worhiper_-_

hero member

Activity: 700

Merit: 500

I'd expect a more formal name, the bitX format has been all over from bitcoin companies. I honestly didn't expect authorities to use it. Roll Eyes

On a more serious note though, I don't think that this is necessarily bad for bitcoin. The fact that there's a publicly accessible ledger doesn't make it ideal for criminal transactions, I'd rather have criminals stop squatting on it, they make bitcoin look less legitimate. Also we have to appreciate that they took a more investigative approach other than doing the most illiberal thing and outright banning bitcoin like certain governments did.

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

Bitcoin Organized Crime Research Funded by Germany and Austria

The Austrian and German governments are funding a research effort focused on the use of digital currencies in organized crime.

Dubbed ‘BitCrime’, the initiative is backed by a number of governmental agencies in the two countries, and is split into two sub-projects.

http://www.coindesk.com/german-austrian-research-digital-currency/

Bitcoin Forum>Bitcoin>Bitcoin Discussion>Press

Jump to: