Summary
- CIA Deputy Director Michael Ellis emphasized that Bitcoin is a strategic area where the US must gain an advantage in the technological competition with China.
- Deputy Director Ellis stated that Bitcoin is both a means of competition and a target, and it can be used for utilization or information collection.
- He conveyed that many institutions are adopting Bitcoin and cryptocurrencies, moving in a positive direction.
Michael Ellis, Deputy Director of the US Central Intelligence Agency (CIA), emphasized that "Bitcoin (BTC) is another strategic area where the US must gain an advantage in the technological competition with China."
According to Decrypt, a cryptocurrency media outlet, Deputy Director Ellis stated in a podcast interview with the founder of Pomp Investments that "Bitcoin is both a means of competition and a target," and "we can prevent adversaries from utilizing certain technologies, while also collecting information through those technologies."
He added, "Bitcoin and cryptocurrencies will exist forever, and more and more institutions are adopting them," and "personally, I think this trend is very positive."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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