Michael Ellis, deputy director of the Central Intelligence Agency, said that the CIA is increasingly using bitcoin as a tool for its operations, and that the use of cryptocurrencies is a matter of national security. Ellis said that intelligence agencies cooperate with law enforcement to track BTC, which is a point of data collection in counterintelligence operations.
While Ellis' comments suggest that bitcoin is maturing as an asset, they also reflect the growing involvement of governments and institutions in bitcoin and cryptocurrencies, which runs counter to the libertarian and cypherpunk ethos that cryptocurrencies originally contained.
CIA deputy director: CIA uses bitcoin as a tool for its operations
2025-05-02 22:58:57
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