CIA Deputy Director: "Bitcoin is also useful for investigative and intelligence activities"

Deputy Director Michael Ellis of the US Central Intelligence Agency (CIA) appeared on cryptocurrency investor and entrepreneur Anthony Pompliano's podcast and spoke about the CIA's perspective and strategy on Bitcoin (BTC) and virtual currencies.

Ellis began by saying that he was very excited about the potential of Bitcoin as a law enforcement agency. Bitcoin is often thought to be easily used by criminals because of its anonymity, but he argues that in fact it is pseudo-anonymous. For this reason, the CIA has worked with other law enforcement agencies to do a lot of work tracking illegal virtual currency payments made by criminals...