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Bitcoin

Submission + - FBI document about Bitcoin leaked (wired.com)

An anonymous reader writes: The report titled “Bitcoin Virtual Currency: Unique Features Present Distinct Challenges for Deterring Illicit Activity,” (.pdf) was published April 24 and is marked For Official Use Only (not actually classified), but was leaked to the internet on Wednesday.

In the document, the FBI notes that because Bitcoin combines cryptography and a peer-to-peer architecture to avoid a central authority, contrary to how digital currencies such as eGold and WebMoney operated, law enforcement agencies have more difficulty identifying suspicious users and obtaining transaction records.

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FBI document about Bitcoin leaked

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In less than a century, computers will be making substantial progress on ... the overriding problem of war and peace. -- James Slagle

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