Bitcoin Forum

Read more here http://www.cryptocoinsnews.com/bitcoin-implication-usa-claims-rightful-access-data-stored-abroad/

Scary stuff but not altogether unexpected.

This is a thing not to be get amazed of.U.S has been taking some serious steps regarding the data in the world

If the NSA would do their fuckin' job correctly by speeding up transactions on the block chain, they wouldn't did to be requesting this info, simply request what's needed from their Utah facility.

Seems like the "NSA is behind Bitcoin" rumors are still very strong  ;D

I'm guessing they've already read the emails in question, but can't use them as admissible evidence until they're obtained legally.  They wouldn't be overstepping their boundaries so much unless they already knew what was in the emails they're requesting.  Well actually, maybe they would.  Team America, world police.   ::)

I hope its not the govt's intention of fucking up BTC market  :'(

Don't the good ones only store encrypted keys and no passwords and give you ample opportunity to backup the wallet?

It might catch a few people out, but not fatal.  Such features are already selling points.

Exchanges, etc are another matter - where you actually hand over your bitcoins.  They could, in theory, be confiscated.

Not wise countries will handle US all data

http://www.mitchellteachers.org/USHistory/WestwardMigration/images/manifestdestiny/ManifestDestinyPersonified_large.jpg

Manifest Destiny

According to USA, the world belongs to USA.

Huh !!! U think Brazil, Russia, India & China will allow US to snoop into their server ? For instance, Google was kicked out of China for not allowing the authority to access their data while they were sharing those with NSA.

China and Russia seems to be the two remaining states in the world to be able to do so  :)

If the US government and courts take the position that any data held on servers of companies headquartered in the USA belongs to the USA, while data held on servers of non-US companies does not belong to the USA, then all these major corporations will simply relocate. It could be a major competitive advantage to be able to tell your customers that your data is safe from the US government (whether fully true or not). Many major companies have already moved their headquarters elsewhere for tax purposes, the same could easily be done for data privacy purposes.

As always, I'm sure the US will cut off its nose to spite its face, as it has so often done, with its immigration system, with ITAR, and with countless other regulation regimes.

There are other way around.

Big companies can just outsource their data center to an off-shore entity or just create another subsidiary off-shore company.

It's simple to get around this. Have a server setup akin to Protonmail, server has a password to login you into your encrypted account, this password is stored on server, but once signed into your account you have to decrypt it with a password which the server doesn't store neither does the company. Which means if you forget/lose your password you have to open a new account but on the otherhand if your in the US you can plead the 5th if they are coming after it.

They know no drug dealer would be dumb enough to have drug related talks using hotmail and with no encryptation. At most they will find some kids talking about Silk Road and the 420 stuff.

They want it to have a clean way to other things they can't say, at least not at the moment.

Password is easy to crack. Even encryption might have backdoor where average users do not know.

Your pc or laptop can also be monitored and watched without ever needing to decrypt the communication data.

Either way, if the US decides to try to force the issue, it will lose not only the data, but the profits of the big internet companies that they currently tax.

Not just that when they lose the faith of the citizens whom their supposed to serve and protect.  This is the 2nd thread I read about the Feds over reaching and trying to spy on their citizens.  This is a dangerous game and I suspect when the tough questions start getting asked the "shite will hit the fan" as they say.  People want to know their information is safe from prying eyes and that includes Big Brother.

Privacy is a thing of the past, and as I said in another thread, the next wars won't be about territorial conquests but on datas and informations. We are entering in an era where the metaverse is as important, if not more, as the physical world.

The governments argument is that since the parent company controls the overseas server the parent company is obligated to comply with a domestic search warrant. This is a very bad thing for the world citizens are the US is becoming less transparent as to how they handle things (especially under the Obama administration).