The Silk Road’s Ross Ulbricht, right, typifies the public face of bitcoin. The Blockchain Alliance hopes to change that perception.
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Crossing Our Desk:
Bitcoin has a reputation as a darling of the dark-web set, a conduit for all manner of illegal activity. A group of civic-minded bitcoiners is trying to change that through a new partnership with law enforcement in the U.S. It might just help catch bad guys, too.
The group is called the Blockchain Alliance, and it was created by Coin Center and the Digital Chamber of Commerce, two bitcoin trade groups based in Washington, D.C. It’s a private-sector initiative, but its goal is to create an open-ended dialogue with the public sector, specifically law enforcement agencies.
Bitcoin’s volatile, wild days have receded, but it still carries with it a notorious reputation