[2016-10-03]FBI’s Attack on Encryption; Economists Condemn Bitcoin

[BTCBinary]

FBI’s Attack on Encryption; Economists Condemn Bitcoin

At the Symantec Government Symposium in Washington DC, FBI Director James Corney released the agency’s strategy to “break” data encryption methods in 2017. Leading economists including Nobel-winning Joseph Stiglitz have also praised the government’s efforts of “shutting down” cryptographic networks like Bitcoin...

https://btcmanager.com/news/tech/fbis-attack-on-encryption-economists-condemn-bitcoin/

[Hannu]

FBI’s Attack on Encryption; Economists Condemn Bitcoin

At the Symantec Government Symposium in Washington DC, FBI Director James Corney released the agency’s strategy to “break” data encryption methods in 2017. Leading economists including Nobel-winning Joseph Stiglitz have also praised the government’s efforts of “shutting down” cryptographic networks like Bitcoin...

https://btcmanager.com/news/tech/fbis-attack-on-encryption-economists-condemn-bitcoin/

I have no criminal intent in terms of bitcoin, why they wanna "shut down" cryptographic networks like bitcoin?!

What happens blockchain and its use many things like food markets?? Bitcoin is world future of using money, now we lost it

[U2]

FBI’s Attack on Encryption; Economists Condemn Bitcoin

At the Symantec Government Symposium in Washington DC, FBI Director James Corney released the agency’s strategy to “break” data encryption methods in 2017. Leading economists including Nobel-winning Joseph Stiglitz have also praised the government’s efforts of “shutting down” cryptographic networks like Bitcoin...

https://btcmanager.com/news/tech/fbis-attack-on-encryption-economists-condemn-bitcoin/

Lol I would just have to say good luck that's going to be one hell of a lot of computer power they'll need. I don't see why they would waste their time/effort/money on this but I guess you need to stay busy with busy work in the FBI!

[Dassi]

I think they feel threatened by the increase in the adoption of crypto... though I do not see them winning the battle.

[Karartma1]

The feds should maybe stop watching Mr. Robot. They are mixing reality and fiction, aren't they?

If bitcoin dies there will be a new one, a then a new one etc. We have the means to do it now. And if dies once well it will spread even larger.

Good luck to whoever wishes to destroy Satoshi's invention.