Post
Topic
Board Bitcoin Discussion
Re: Is it good or bad for bitcoin users ??
by
audaciousbeing
on 27/03/2018, 12:38:19 UTC
Snowden Leak Suggests NSA Is Extensively Tracking Bitcoin Users :The U.S. National Security Agency (NSA) has been reportedly monitoring the bitcoin blockchain with an eye on identifying users on the distributed network.

Link for details news:https://www.coindesk.com/nsa-reportedly-eyes-to-scrap-bitcoins-anonymity/

It actually depends on the categories of people involved to decide whether its good news or bad news. I would add a third option which is the neutral position which I belong to and I am sure a lot of people would also fall in this category. I use bitcoin in which I have not break any known law that forbids it. For the exchange sites that I am interested in using that implements KYCs, I didn't forge any response neither have I engaged in any scam activities. Its on that basis I say the news is neither good or bad for me.

However, I cannot say the same for someone who sees bitcoin as a means to carry out their nefarious activities as they cannot be traced then this is surely bad news for them. Either any category we all belong to, it still does not change the position of NSA whether to go forward with it or not.