But after letting Bitcoin spend most of its 12-year rise outside the watchful eye of government, regulators from the U.S. to Europe are cracking down. Their ambition is to take away the treasured anonymity that makes Bitcoin and other cryptocurrencies a haven for hackers and other criminals. “We don’t really have an adequate framework to deal with the different issues that they pose from a regulatory perspective,” said U.S. Treasury Secretary Janet Yellen at the Wall Street Journal CEO Council Summit on May 4, calling crypto’s use in illicit activities a topic “well worth addressing.”
Not anonymity of the person but autonomy of the bot. We need data protected by honest bots that we carry around with us such that no one can get at the data unless the autonomous bot that reads their finger print and obeys the rules.
Tim Cook gets the problem, as do most techies. But Tim is the only techie that wants to stop the data theft with autonomous bots under contract. We need more support for this, Tim is tired of the whole debate and is not risking Apple to fight the issue.
Someone besides me needs to explain this issue to a few key senators.
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