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US Government To Study Bitcoin As Possible Terrorist Threat

randomErr (172078) writes "The US Department of Defense is investigating whether Bitcoin and other virtual currencies are a potential terrorist threat. The Combating Terrorism Technical Support Office (CTTSO), a division within DOD that identifies and develops counter terrorism abilities and investigates irregular warfare and evolving threats, has listed Bitcoin among its topics for research and mission critical analysis related to terrorism."

2 of 210 comments (clear)

  1. Re:Your tax dollars hard at work by dmbasso · · Score: 5, Insightful

    And I can't even imagine how harsh would be the punishment for those who get caught laundering money for terrorists. Let's say if a big bank (i.e. HSBC, or Santander) got caught, certainly hundreds of people would go to jail, right?

    I feel so safe with all these laws protecting us.

    --
    `echo $[0x853204FA81]|tr 0-9 ionbsdeaml`@gmail.com
  2. Re:Your tax dollars hard at work by rogoshen1 · · Score: 4, Insightful

    foolishness is not illegal.
    carrying cash is not illegal.
    carrying cash should not used as a proxy to assign guilt for some other crime.
    the police should not be able to press charges against *items* and deny standing to it's owner.

    civil forfeiture is an abrogation of our civil rights and we should be throwing the ones responsible for it in jail. :(