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Author Topic: [2016-06-29] www.cryptocoinsnews.com-Paris Politician Wants to Ban Bitcoin ...  (Read 240 times)
wintermeasures (OP)
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June 30, 2016, 10:12:00 AM
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Paris Politician Wants to Ban Bitcoin

Recently, the bureaucrat participated in a French-based survey, conducted by the magazine Current Values, where he discovered that drugs can be bought online with the cryptocurrency in just a few clicks, highlighting his concern about the rise of drug trafficking via the internet.

When questioned by the Interior Minister Bernard Cazeneuve what should be done about the situation Debré said that the cryptocurrency should be banned in Paris and that La Maison du Bitcoin (House of Bitcoin) should be shut down in the French capital.

READ MORE >>> https://www.cryptocoinsnews.com/paris-politician-wants-to-ban-bitcoin/
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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June 30, 2016, 12:26:28 PM
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That is undeniably, a disadvantage of bitcoin; it can be used for fraudulent purposes.
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