CIA: Bitcoin and cryptocurrencies are permanent.

The Deputy Director of the CIA, Michael Ellis, made important statements regarding Bitcoin and cryptocurrencies. In an interview with crypto entrepreneur Anthony Pompliano, Ellis stated that Bitcoin and cryptocurrencies will be permanent.

In the section where the anonymity of cryptocurrencies is discussed, Ellis stated, “People may think that Bitcoin is anonymous, but I would call it semi-anonymous. It is not fully anonymous. We have conducted numerous studies with law enforcement to track illegal cryptocurrency payments by bad actors. It is important to remember this… Whether it’s drug cartels, terrorist groups, or illegal regimes, bad actors use cryptocurrencies, but they also use dollars, cars, and even printer cartridges. This does not mean we should ban all of them. Bitcoin is permanent, cryptocurrencies are permanent. As you know, more and more institutions are adopting them, and I think this is a great trend, and that this management is also at the forefront of this issue.”

“We must break the mold”

The CIA Deputy Director also added that the U.S. must be a leader in the crypto space and should not fall behind. Noting that some are stuck in old thought patterns, Ellis stated, “We need to break these patterns. The idea that ‘crypto is only for people who have something to store’ is absolutely not true.”

Published: May 1, 2025 16:58