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Comment Re:Two things glossed over in the summary (Score 1) 233

The fact that the content of every bank account and every transaction is public makes bitcoin a very bad tool for money laundering.

It would give you a pseudonymous social network of criminals. A law enforcement firm then just has to play crosswords and make some honey pots to get the big picture.

Bitcoin suppresses the need for extorsion fees during international wire transfers, not the need for suitcases full of cash during shady transactions.

Comment Re:Hmmm... (Score 1) 104

Dor what it is worth, the version 6.0a of Truecrypt has been found clean by the ANSSI, the French public agency of computer security (which have a good reputation in cryptography, but who may set the paranoia cursor a bit too low) in 2009.

It was considered adequate for military use. Depending on your political opinions, this may be a laughable audit or a solid claim.

A famous French blogger made a binary comparison between the sources and the windows binaries given by Truecrypt and deduced that (unless the compiler itself adds backdoors automatically, as improbable as it is, we cannot totally dismiss that possibility nowadays) no backdoors have been hidden in the binary. So if the code is clean, the binary is clean.

Comment Re:Why all of this surprise? (Score 1) 215

I was shocked in 2008 when I read that Sarkozy and Merkel talked to each other about EU policies through SMS. Apparently, both French and German leaders do think that spying does not happen, that cell phones are secure, and are genuinely surprised by what happened.

The only thing Snowden has really revealed was the degree of incompetence of the politicians in my country (France)

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