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Author Topic: [2014-07-31] The Telegram> Business Internal Finance memo warns of po  (Read 724 times)
ganabb (OP)
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July 31, 2014, 03:13:45 AM
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http://www.thetelegram.com/Business/2014-07-28/article-3815701/Internal-Finance-memo-warns-of-potential-for-Bitcoin-related-crime/1

The internal memo, prepared for former finance minister Jim Flaherty, says while the degree of criminal activity involving Bitcoin is unclear, some have raised flags about its potential to fund illicit behaviour.

Bitcoin is a digital currency exchanged through computer transactions without the oversight of a central bank.

The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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July 31, 2014, 04:03:41 PM
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"the oversight"  Cheesy
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