The FBI Wants Zero Privacy Security, Bitcoin Community Should Protect its Freedoms

admin Bitcoin, Bitcoin News, Bitcoin Politics, Bitcoin Tools, Silk Road, The Deep Web & Dark Net 0 Comments

For security agencies like the FBI there is no difference between Bitcoin and Monero regarding their use in the crypto market or the dark web, says Bitcoin Core Developer and Advisor to Coinkite, Peter Todd, to CoinTelegraph. All they want is “zero security systems with zero privacy.” Todd explains: “I will even word that a little differently: these people will only be happy when we have zero privacy security. Good security should give you good privacy – they’re not separate concepts.” European Drug Report 2016 on Bitcoin and Tor Todd’s view comes in the wake of a report by the European Monitoring Centre for Drugs and Drug Addiction saying that the anonymous use of Bitcoin and other cryptocurrencies allows for the purchasing of illegal items such as drugs or weapons. However, the payment may be traced and lead to criminal charges. Thus, a range of strategies are used to hide users’ identities and conceal the physical locations of servers. The report states: “These include anonymisation services such as Tor (The Onion Router) which hide a computer’s IP address when accessing the site; decentralised and relatively untraceable cryptocurrencies, such as Bitcoin and Litecoin, for making payments; and encrypted communication between market …