Quote from: audaciousbeing on March 27, 2018, 12:38:19 PM

Quote from: RAMSHIVDEEPAK on March 27, 2018, 11:04:41 AM

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.

I think this winds up being the case with a lot of things that reduce the level of privacy in bitcoin, there are those in the community who use bitcoin for things which fall on the wrong side of the law and for them their privacy is paramount, for others of us it is not the most important thing and we would like in many ways bitcoin to be less associated with such activities.