Department of Defense to study bitcoin as possible terrorist threat

The Pentagon moves to protect the banking cartel

May 5, 2014 Comments

Fox News
May 5, 2014

A division within the Department of Defense is investigating whether the digital currency bitcoin is a possible terrorist threat.

The Antana physical Bitcoin contains Bitcoin network statistics on the back side. Credit: chijs / Flickr

The Combatting Terrorism Technical Support Office is spearheading a program that will help the military understand how modern technologies could pose threats to national security, including bitcoin and other virtual currencies, the International Business Times reported.

A memo detailing some of the CTTSO projects states, “The introduction of virtual currency will likely shape threat finance by increasing the opaqueness, transactional velocity, and overall efficiencies of terrorist attacks,” as reported byBitcoin Magazine, according to IBTimes.

Full story here.

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Department of Defense to study bitcoin as possible terrorist threat

The Pentagon moves to protect the banking cartel

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