HODL to the max.

  • LustyArgonian@lemmy.world
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    24 hours ago

    No, the Vice article fully supports what I’m saying for that point. Look who is quoted:

    CIA Director William Burns said on Monday that the intelligence agency has “a number of different projects focused on cryptocurrency” on the go.

    “This is something I inherited. My predecessor had started this, but had set in motion a number of different projects focused on cryptocurrency and trying to look at second- and third-order consequences as well and helping with our colleagues in other parts of the U.S. government to provide solid intelligence on what we’re seeing as well.”

    As I stated, the CIA is fully involved in crypto. The other article is the one that explains why people think Satoshi is CIA.

    How do you think spies get money?

      • boonhet@sopuli.xyz
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        22 hours ago

        In cash, but it was always risky. Couriers get intercepted, etc.

        That said, I don’t think BTC is the best for CIA. It’s publicly traceable and that’s always been known. Of course if they have untraceable bank accounts and used those to buy the BTC, then it’s not particularly relevant. The spies can use their own tactics to hide their income.

        • LustyArgonian@lemmy.world
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          14 hours ago

          Spies are buying vehicles, drugs, guns. They can’t carry that much cash today and large amounts must be declared at customs and can be seized via asset forfeiture laws and the person investigated as a spy. The entire point is to not be detected by the government or banks.

          So no, not cash so much these days.

          You can easily make new accounts and scramble crypto accounts and funds.

          BTC is good for spies bc it has low volatility and can blend in with normal citizens who trade it bc it is so well known. They don’t need a bank account in the country they are spying in for it, they just transfer the BTC instead of giving cash. That’s the point, no bank account.

          The spies can use their own tactics to hide their income.

          That’s literally what’s being discussed lol, those specific tactics.