Cryptocurrencies like Bitcoin serve as viable resources for data collection, according to the CIA's Deputy Director.

The CIA Appreciates Crypto - A Tool For Tracking & Disrupting Adversaries' Activities

Times are changing, and so is the CIA's attitude towards cryptocurrencies.

In a recent interview with crypto enthusiast Anthony Pompliano, the big cheese at the CIA, Michael Ellis, admitted that Bitcoin and other digital currencies can serve as a useful tool - for both the law enforcement and intelligence community - when it comes to keeping tabs on and disrupting the activities of the CIA's adversaries[1][2].

"Crytpo is another tool in our toolbox. It's something that we can use to disrupt our adversaries' use of it and we can use these technologies to collect more intelligence, to gather more information about them. In that respect, crypto is actually very similar to other sorts of advanced technologies, and one that we have to prioritize."

Mr. Ellis also pointed out that crypto isn't a passing fad. He went on to say that while not everyone in the government is as open or progressive as he is when it comes to new technology, he and CIA Director, John Ratcliffe, are leading the charge towards embracing digital assets[3].

"Crypto is here to stay. It's here for the long haul. More and more institutions are adopting it, and that's a great trend. I think that's a trend that this administration has been leaning forward to."

And there you have it folks, a tectonic shift in the way the CIA views crypto, but it's not all rosy. The feds are just as keen on catching anyone using crypto for nefarious purposes[5].

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The CIA recognizes cryptocurrency as a tool that can aid in tracking and disrupting adversaries' activities, similar to other advanced technologies in the finance and technology sectors.
Michael Ellis, a senior official at the CIA, acknowledges that Bitcoin and other digital currencies, including altcoins, are here to stay, with more institutions adopting them.
Despite the CIA's changing attitude towards cryptocurrencies, they remain vigilant against any illicit use, as the feds are equally keen on catching anyone using crypto for nefarious purposes.
The Blockchain technology underlying cryptocurrencies, such as Ethereum, appears to decouple itself from traditional finance markets, with its own unique price action.
Over the past week, various industry announcements demonstrate the integration of cryptocurrencies and blockchain technology into diverse sectors, such as AI, sports, partnerships, and robotics.

CIA Deputy Director affirms potential usage of cryptocurrency by law enforcement and intel agencies to trace and disrupt actions of US adversaries.

CIA Deputy Director confirms potential use of cryptocurrency for tracking down and disrupting activities of American adversaries within the intelligence and law enforcement sectors.

Cryptocurrencies like Bitcoin serve as viable resources for data collection, according to the CIA's Deputy Director.