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.
[adinserter block="1"]“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.”
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