America Leads the World in Cryptocurrency Crime: What the McAfee Institute is Doing to Help

By PR.com

The year 2018 marks the year that law enforcement in the U.S. appears to be getting serious about this, and an imminent crackdown seems to be mounting almost exactly as one pundit predicted last year would be necessary. Jason Bloomberg is a world-renowned expert on trends that cause upheaval in digital transformation and enterprise technology, and his perspective on cryptocurrency is multifaceted but perhaps best synopsized by his reference to Bitcoin as the “blood diamonds of the digital era.” He’s written about the real, unspoken reason why Bitcoin stays afloat. He wrote in Forbes in March 2017, “the underlying value of Bitcoin really has little to do with its artificial scarcity or popularity as a medium of speculation. On the contrary – the only reason Bitcoin has value to anyone is because of the underlying value as a medium of exchange for lawbreakers. If we could flip a switch and eliminate all illegal uses of Bitcoin, there would be nothing left of the cybercurrency.”

Read the entire article at https://www.pr.com/press-release/762504

SHARE THIS:

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.