Edward Snowden: “Bitcoin By Itself is Flawed” – Bitcoints

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Published on August 16th, 2015 | by bitcoin

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Edward Snowden: “Bitcoin By Itself is Flawed”

Edward Snowden: “Bitcoin By Itself is Flawed”In an interview at The Internet Engineering Task Force 93, former CIA employee and NSA contractor Edward Snowden spoke about privacy and security.

Interestingly, Snowden focused his talk on Bitcoin and its flaws and weaknesses.

The real solution is again, how do we get to a point where you don’t have to have a direct link between your identity all of the time?

Darksend mixes a pool of transactions and its addresses randomly, making the transactions completely anonymous and untraceable.

Snowden explained, “A lot of these are difficult problems particularly when we talk about the metadata context, the signalling context.

Source: Cointelegraph.com

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