Bitcoin isn’t PRISM-proof

Thanks TiA for the post…

TECH in AMERICA (TiA)

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If you’re looking for an untraceable e-commerce platform to avoid NSA snooping, Bitcoin probably isn’t going to suffice.

by Colin Neagle (courtesy Network World)

Network World – In the aftermath of the revelation of PRISM, the NSA spying program that collects user data from nine major U.S. tech companies, many have highlighted alternate options from organizations that are not known to be cooperating with government surveillance efforts.

Among those alternatives, Bitcoin has been pegged as a more private payment option. At Prism-Break.org, which lists alternatives to all the services that fall under the PRISM umbrella, Bitcoin is the only listed alternative to online payment services, such as PayPal and Google Wallet.

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But users should know that Bitcoin is not as anonymous as it seems, and while there is no evidence that Bitcoin services are collaborating…

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