Ex-CIA Official to See Blockchain as a Thread

Andrew Bustamante, ex CIA officer belives that blockchain is a thread to USA national security
25 December 2018   416

Man who claims to be ex CIA officer, Andrew Bustamante, belives that distributed ledger technology is “super powerful stuff” and is a threat to America’s national security. This is reported by Cointelegraph, citing Andrew's messages from Reddit.

Andrew also claims to be an United States Air Force veteran and Fortune 10 corporate adviseor. He talked about blockchain in response to a question at Reddit.

Reddit user had asked Bustamante what he thought represents “the biggest threat to America national security in the coming years?”. Bustamante replied:

Block-chain technology [sic.] No joke. Super powerful stuff, and the first one to figure out how to hack it, manipulate it or bring it down wins.

Andrew Bustamante

Ex-CIA Officer

Another Reddit users suggested his remarks could refer to “the persistent possibility of untraceable, anonymous transactions [that] can happen” on blockchains as being one type of national security threat allegedly posed by the technology. Another pointed to the potential for “falsified” data — i.e. hijacking the blockchain for the purposes of disinformation — which would allegedly become all the more pernicious when stored in an immutable blockchain-based system.

South Koreans to Invest in Crypto Actively

In addition to the investment amounts, the share of those interested in investing in digital assets also increased
22 April 2019   84

The average amount of investments in cryptocurrency from South Korean invesetprs is $ 6,100, which is 64% more than last year, Cointelegraph reports.

According to a survey conducted by the Korean Fund for the Protection of Portfolio Investors, in addition to the investment amounts, the percentage of those interested in investing in digital assets also increased. Thus, 7.4% of the 2500 respondents have already acquired cryptocurrency (last year there were 6.4% of those). It is noteworthy that this figure has increased, despite several major break-ins of the South Korean crypto exchange, as well as tougher regulation of the industry.

Analysts connect the market with a recent bitcoin price jump and hope for a new bull rally.

Recall recently it became known that 94% of trust capital funds invest in cryptocurrency.