Why Bitcoin is Better for Crime Fighters Than Criminals

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Jason Weinstein is a partner during Steptoe Johnson LLP and a former emissary partner attorney general in a Department of Justice in assign of cybercrime and orderly crime. He is the Director of a Blockchain Alliance and a member of a advisory play of a Chamber of Digital Commerce, Coin Center and BitFury

In this opinion piece, Weinstein discusses because he believes the myth that bitcoin is “anonymous” has dark a fact that a record indeed improved meets a needs of law enforcement.


Here’s a newsflash: Bitcoin has an picture problem.

If we ask a normal chairman what difference come to mind when they consider of bitcoin, three of a many common responses will expected be “anonymous”, “untraceable” and “a banking for criminals.” But all of these common ideas about bitcoin are indeed misconceptions.

In fact, each singular one of them is wrong.

This might only be a problem of perception, though it can have really genuine consequences, as it can impact a attitudes of investors, lawmakers, regulators, coercion agencies and the public toward this technology.

We need to understanding with these notice issues head-on.

New twist, aged problem

Any record value adopting is adopted early by criminals. But, law coercion has a prolonged story of bettering in order

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