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Comment Re:Usefulness of Bitcoin? (Score 1) 464

I can't speak about amounts that large, but, I've purchased a few amazon gift cards (varying amounts $50-$100) using xmr.to (I mined monero for a bit just because) and a service like gyft. Which I've then used to buy tangible things. Of course that's not cashing thousands of dollars worth of BTC out directly into your checking account.

Submission + - U.S Studying Ways to End Use of Social Security Numbers for ID (securityweek.com)

wiredmikey writes: US officials are studying ways to end the use of social security numbers for identification following a series of data breaches compromising the data for millions of Americans, Rob Joyce, the White House cybersecurity coordinator, said Tuesday.

Joyce told a forum at the Washington Post that officials were studying ways to use "modern cryptographic identifiers" to replace social security numbers. "I feel very strongly that the social security number has outlived its usefulness," Joyce said. "It's a flawed system."

For years, social security numbers have been used by Americans to open bank accounts or establish their identity when applying for credit. But stolen social security numbers can be used by criminals to open bogus accounts or for other types of identity theft.

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