CIA Deputy Director: 'Bitcoin Can Be Effective in Investigations and Intelligence Gathering'

Michael Ellis, Deputy Director of the Central Intelligence Agency (CIA), appeared on a podcast by Anthony Pompliano, a cryptocurrency investor and entrepreneur, discussing the CIA's perspective and strategy on Bitcoin (BTC) and other cryptocurrencies.

Ellis started the conversation by expressing his excitement about the potential of Bitcoin as a tool for law enforcement. While Bitcoin is often considered attractive to criminals due to its perceived anonymity, Ellis argued that it is pseudonymous in nature. Consequently, the CIA, in cooperation with other law enforcement agencies, has been involved in numerous efforts to track illicit cryptocurrency payments made by criminals...