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Big brother is watching you

 The first thing is that the smart money has always known the regulators were coming. 

Here’s what President Obama had to say on the matter in 2016 when he visited SXSW and discussed encryption in a Q&A.
THE PRESIDENT: And the question we now have to ask is, if technologically, it is possible to make an impenetrable device or system where the encryption is so strong that there’s no key, there’s no door at all, then how do we apprehend the child pornographer? How do we solve or disrupt a terrorist plot? What mechanisms do we have available to even do simple things like tax enforcement? Because, if, in fact, you can’t crack that at all, government can’t get in, then everybody is walking around with a Swiss bank account in their pocket — right?

https://medium.com/humanizing-the-singularity/2018-year-in-preview-the-future-of-cryptocurrency-b99110480ff0
Originally posted at otkaznik1.dreamwidth.org

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