The deputy director of the Central Intelligence Agency (CIA) says that the law enforcement and intelligence community can use crypto to track down US adversaries and disrupt their activities.
In an interview with crypto bull and influencer Anthony Pompliano, Michael Ellis says that Bitcoin (BTC) and other cryptocurrencies have potential uses amid views that bad actors use these assets to carry out illicit activities.
“We use technology as a tool and Bitcoin and other cryptocurrencies are another tool in the toolbox. It’s something that we can use to disrupt our adversaries’ use of it and we can use these technologies to collect more intelligence, to gather more information about them. In that respect, Bitcoin is actually very similar to other sorts of advanced technologies and one that we have to prioritize.”
Ellis also says that crypto is not a passing trend. He says that while not everyone in the government shares open or progressive views about new technologies, he and CIA Director John Ratcliffe are helping lead changes in the intelligence agency.
“Bitcoin is here to stay. Cryptocurrency is here to stay. More and more institutions are adopting it and I think that’s a great trend and one that this administration has been obviously leaning forward to.”
Follow us on X, Facebook and Telegram
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
