Amazon patents Bitcoin Tracking stream?!

in #bitcoin6 years ago

Amazon won a patent for a subscription feed that can “identify Bitcoin transaction participants” for government and law enforcement!

https://motherboard.vice.com/en_us/article/d35eax/amazon-bitcoin-patent-data-stream-identify-cryptocurrency-for-law-enforcement-government

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Jeff Bezos, Amazons CEO has been critical of Bitcoin in the past. The hope is this service will be used by law enforcement and tax authorities to identify Bitcoin users. Amazon has filed some wild patents in the past that never ended up going anywhere (like a tunnels to deliver goods) so only time will tell what they are cooking up.

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This is bad news.

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