NNSquad - Network Neutrality Squad
[ NNSquad ] Give Me All Your Bitcoins - How can we stop Bitcoin scams?
Give Me All Your Bitcoins - How can we stop Bitcoin scams? http://j.mp/1kNesoC (Slate) The rise of cryptocurrencies could dramatically change which actors have the power to stop cybercriminals, even as they commit the same age-old offenses. For instance, the FBI report identifies "third-party Bitcoin services," or businesses that exchange Bitcoins for traditional currency, as important players in this new defensive landscape since they may "require customers to submit valid identification or bank information to complete transactions." But it remains to be seen how effective these services will prove at providing the security services that, for better or for worse, we have come to rely so heavily on banks and credit card companies to provide. If cryptocurrencies like Bitcoin become increasingly mainstream, for instance, and criminals have correspondingly less need to exchange them for traditional currencies, then these exchange services will lose their power to interfere with criminal activity. - - - --Lauren-- Lauren Weinstein (lauren@vortex.com): http://www.vortex.com/lauren Co-Founder: People For Internet Responsibility: http://www.pfir.org/pfir-info Founder: - Network Neutrality Squad: http://www.nnsquad.org - PRIVACY Forum: http://www.vortex.com/privacy-info Member: ACM Committee on Computers and Public Policy Lauren's Blog: http://lauren.vortex.com Google+: http://google.com/+LaurenWeinstein Twitter: http://twitter.com/laurenweinstein Tel: +1 (818) 225-2800 / Skype: vortex.com _______________________________________________ nnsquad mailing list http://lists.nnsquad.org/mailman/listinfo/nnsquad