Making cryptocurrency mining illegal won’t stop all mining, but it will seriously disrupt it.
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The best way to deal with this new era of big-game ransomware will involve not just securing computer systems or prosecuting criminals, but disrupting the one payment channel capable of moving millions at a time outside of money laundering laws: Bitcoin and other cryptocurrencies.
The Department of Justice announced on Aug. 13 that U.S. counterterrorism authorities dismantled a series of sophisticated online fundraising campaigns run by three separate U.S.-designated terrorist organizations.
China put its red-hot cryptocurrency market on ice last month when it shut down bitcoin exchanges and banned initial coin offerings (ICOs), an emerging tactic through which cryptocurrency ventures raise capital by selling investors a percentage of newly released coins.
Bitcoin is loosing market share. "For the last two years, rival factions have been vying for control of the Bitcoin virtual currency and its global network of computers and supporters.
Back in December 2014, Lawfare bought a Bitcoin. We did so with the idea that owning one might provide the impetus for some writing about the national security implications of blockchain technology. That plan never came to real fruition for a host of reasons. But it did make us a profit! We purchased the coin for just a little more than $300. We sold it just the other day for more than $2600.
With Stewart on vacation, the blockchain takes over the podcast! In episode 121, Jason Weinstein and Alan Cohn talk all things bitcoin, blockchain, and distributed ledger technology, and interview Jamie Smith, Global Chief Communications Officer for the BitFury Group, one of the largest full-service blockchain technology companies.
Alan Cohn and Jason Weinstein talk to Robin Weisman and Peter Van Valkenburgh from the Coin Center.
Last week, we hated on bitcoin. This week we give it some love.
This week we have Nick Weaver on the show. Nick's a regular Lawfare contributor, senior staff researcher at the International Computer Science Institute in Berkeley, California, and as you’ll see, quite the Bitcoin skeptic.