Bitcoin [BTC]: sanctions demonstrates the importance of maintaining decentralization and anonymity in the system

Andreas M Antonopolous, a well-known Bitcoin influencer and the author of Mastering Bitcoin, spoke about the government-sanctioned Bitcoin addresses and censorship resistance, in the latest Q&A session on Youtube. This topic was discussed in the wake of the U.S Treasury’s Office of Foreign Assets Control [OFAC]’s announcement pertaining to the blacklisting of two Bitcoin addresses.

Towards the end of 2018, OFAC released a statement regarding two Bitcoin addresses that belonged to Iranian nationals, Ali Khorashadizaden and Mohammad Ghorbaniyan [149w62rY42aZBox8fGcmqNsXUzSStKeq8C and 1AjZPMsnmpdK2Rv9KQNfMurTXinscVro9V]. Along with this, the statement revealed that these addresses were related to the SamSam ransomware scheme, which has affected over 200 individuals network.

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The post Bitcoin [BTC]: sanctions demonstrates the importance of maintaining decentralization and anonymity in the system appeared first on BlockBoard.

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