11 Jun '13, 4pm

Bitcoin won't hide you from the NSA's prying eyes

Bitcoin won't hide you from the NSA's prying eyes

Bitcoin won't hide you from the NSA's prying eyes 11 June 13 by Kadhim Shubber Tweet Shutterstock Revelations about the US government's internet surveillance programme Prism appear to have sent the price of bitcoins plummeting. Specifically, the unveiling on 9 June of 29-year-old Edward Snowden , a former National Security Agency (NSA) contractor, as the source of the leak coincided with a sudden drop in the value of bitcoins, as this CoinLab article details . Like any freely traded commodity, the change in Bitcoin price reflects the sentiments of the market, individuals buying and selling the goods. The price has since recovered slightly, but with some misguidedly suggesting Bitcoin as a Prism-proof way of conducting transactions, the sell-offs could be a sign that users are concerned about the US government's ability to track their bitcoins. Despite the popular misconcep...

Full article: http://www.wired.co.uk/news/archive/2013-06/11/bitcoin-prism

Tweets

Is PRISM Precipitating A Bitcoin Sell-Off?

techcrunch.com 11 Jun '13, 11pm

Bitcoin has experienced a fairly massive drop in value over the weekend and into this week, moving from a peak of $118 on ...

The Bitcoin believers

The Bitcoin believers

ft.com 14 Jun '13, 1pm

In recent weeks, high-profile venture capital outfits, such as Thiel’s Founders Fund and Fred Wilson’s Union Square Ventur...

Opt out of PRISM, the NSA’s global data surveil...

prism-break.org 11 Jun '13, 4am

Opt out of PRISM, the NSA’s global data surveillance program. Stop reporting your online activities to the American govern...

So this is what happened when they asked about ...

youtube.com 16 Jun '13, 3pm

Close Your browser is not supported by YouTube and it needs to be updated. Learn more . Bitcoin "farming" Wences Casares S...

Life On Bitcoin - A Documentary Film #lifeonbit...

youtube.com 10 Jun '13, 12pm

IMPORTANT NOTE: a lot of people are misunderstanding what this project is about. This is a documentary film. Beccy and I a...

Web design for beginners: a crash course in app...

sgentrepreneurs.com 11 Jun '13, 3am

.. helps you to better address the needs of your users and understand your own motivations for creating the site. I’ve see...

Is the #NSA behind #Bitcoin?

Is the #NSA behind #Bitcoin?

zengardner.com 22 Jun '13, 12am

Recently a 1996 NSA report surfaced, ‘predicting’ a crypto-cyber unit eerily close to Bitcoin. So eerily close, that, know...

Is the National Security Agency behind Bitcoin?

1. major terrorism is overwhelmingly money power created, what is left is not much of a concern 2. the NSA does not need B...

Bitcoin Weekly 2013 June 12: IRS Eyes Bitcoin Over Tax Evasion, PRISM’s Effect On BTC Prices, Israeli... #bitcoin

Bitcoin Weekly 2013 June 12: IRS Eyes Bitcoin O...

siliconangle.com 12 Jun '13, 6pm

This past week saw a huge explosion of media surrounding domestic spying and the deep puncturing of trust and privacy by U...

Where you can shop with bitcoin in Chicago via ...

chicagobusiness.com 13 Jun '13, 9am

The commenter section of Crain's Chicago Business is an opportunity for our readers to start a dialog on our content. Whil...

Fancy a pint at the Haymakers? Now you can pay ...

cambridge-news.co.uk 12 Jun '13, 5am

Rob Curtis at the Haymakers in Chesterton, which accepts payment by Bitcoin. Picture by Keith Jones Ever ‘forgotten’ your ...