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John Deaton
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Stance from 2024-09-06
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Quoted from wbur.org on 2024-09-06

He claimed crypto is not widely used for "illicit" activity because transactions are discoverable on the blockchain, which is public but uses alphanumeric keys instead of a person's identity. "What I'm saying is Hamas actually issued a directive not to use crypto because it was too traceable," he said. "The NSA, the FBI, the CIA, have all come out and said they hope that criminals use Bitcoin. It's an open, distributed ledger. You can trace every single transaction."

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