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Bybit, the third most popular cryptocurrency exchange, announced the launch of a debit card issued by Moorwand and powered by Mastercard.
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Edward Snowden, a former CIA and National Security Agency analyst, has addressed the Bitcoin Conference in Amsterdam.
Snowden fundamentally took the position of the crypto enthusiast, advocating the freedom of crypto business. Since he is intimately familiar with digital surveillance and control technologies, his opinion is that of a professional.
First, and in my opinion, the most important thing is his valuation of Bitcoin as an asset with no anonymity. It’s a bit sudden, isn’t it? Now, a CIA analyst claims that Bitcoin anonymity no longer exists today, that governments and intelligence agencies can uniquely identify crypto wallet users.
The second statement is a consequence of the first. Snowden encouraged developers to focus on increasing Bitcoin anonymity, as privacy was one of the pillars on which Nakomoto’s work was based.
In this regard, the position of the American regulator looks interesting. Recall that the head of the SEC Gary Gensler fundamentally singled out Bitcoin among other cryptocurrencies. According to Gensler, Bitcoin is the only full-fledged cryptocurrency, and all the rest are securities or investment contracts.
There is a certain logic in this judgment: Bitcoin is already under control. Both the transactions and their participants, who habitually believe that they have hidden behind the blockchain, are controlled. Bitcoin ETF, which actively promoted by grands if the fiat economies like the BlackRock investment fund, will only strengthen the level of control.
Another thing is that Bitcoin anonymity is directly related to the overall security of IT systems. Today, states and intelligence agencies have the technical ability to look at almost any computer, except for a few specially protected. So, unfortunately, the world that Nakamoto intended to build, is still a long way from us.
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Benedetto Garacci, from Adweek Portfolio (1988)
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In the wake of fabricated news asserting the U.S. Securities and Exchange Commission (SEC) green-lit Blackrock’s Ishares spot bitcoin exchange-traded fund, short positions worth $78.92 million were cleared out. This sum represented 57% of the overal
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