Bitcoin is now on the U.S. Military’s radar as a possible terrorist threat, according to the International Business Times.
The Department of Defense identified the virtual currency as a threat because of an unclassified memo discovered by Bitcoin Magazine. It stated that it could increase “…the opaqueness, transactional velocity, and overall efficiencies of terrorist attacks."
The memo was discovered in January and included detailed services for CTTSO projects. The memo stated that one of the mission requirements was to create “innovative…solutions to develop and/or enhance new concepts and constructs for understanding the role of virtual currencies” in financing threats against the United States.