Comments on: Roundup: for the week ending 26 May 2013 https://ict-pulse.com/2013/05/roundup-week-26-2013/?utm_source=rss&utm_medium=rss&utm_campaign=roundup-week-26-2013&utm_source=rss&utm_medium=rss&utm_campaign=roundup-week-26-2013 Discussing ICT, telecommunications and technology Issues from a Caribbean perspective Fri, 07 Apr 2017 21:54:43 +0000 hourly 1 By: mmarius https://ict-pulse.com/2013/05/roundup-week-26-2013/#comment-122282 Thu, 30 May 2013 01:35:34 +0000 http://www.ict-pulse.com/?p=20754#comment-122282 In reply to Michael.

Michael,
In my opinion, the Bitcoin scandal regarding Liberty Reserve might have been a bit inevitable. The Bitcoin was seriously challenging global financial structures, in addition to potentially/allegedly being being a haven for criminals and money laundering.

Nevertheless, I do applaud the initiative and innovation that is/was the Bitcoin, as it sought to challenge current norms and boundaries, and that it what has allowed technology to evolve as it has…

]]> By: Michael https://ict-pulse.com/2013/05/roundup-week-26-2013/#comment-121968 Wed, 29 May 2013 09:23:47 +0000 http://www.ict-pulse.com/?p=20754#comment-121968 The article “GK goes after Mobile Money” is further indicator that online/mobile currency is gaining depth. This article dovetails with another good one published earlier in the year here which highlighted the same but advanced by BitCoin.

However, the fears expressed then, still exist. Mobile currency is likely to be a perfect conduit for fraud and other cybercrimes. Just yesterday Liberty Reserve was implicated ( probably without their knowledge ) in aiding and abetting money laundering criminals.

http://www.rferl.org/content/us-money-laundering/25000186.html

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