In brief
- Speaking on Anthony Pompliano’s podcast, Deputy Director of the CIA Michael Ellis said that Bitcoin is “another tool in the toolbox.”
- The agency’s deputy director said the U.S. must position itself against adversaries.
- A way to do that is get ahead of the game when it comes to crypto.
The deputy director of America’s Central Intelligence Agency called Bitcoin and other cryptocurrencies “another tool in the toolbox” that the U.S. can use to fight its adversaries in an interview Wednesday.
Michael Ellis, who was sworn in as deputy director of the CIA in February, said on crypto influencer Anthony Pompliano’s podcast that the agency could use them to position itself against competition like China.
“It’s another area of technological competition where we need to make sure the United States is very well positioned against China and other adversaries,” he said, adding that “Bitcoin and other cryptocurrencies are another…
