Michal Gromek is Co-Chair of the Digital Asset Task Force at the Global Coalition to Fight Financial Crime. He spoke with David Lin, Anchor and Producer at Kitco News, about crypto regulation, digital IDs, and how easy it is for law enforcement to track down crypto criminals.
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
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Follow Michal Gromek on Twitter: @MichalGromek (https://twitter.com/MichalGromek)
0:00 – Digital Asset Task Force
1:24 – Crypto and crime
3:46 – Can crypto be tracked?
8:36 – Hackers
11:52 – Know Your Customer and Privacy
15:13 – Educating police on crypto
17:00 – Scam projects
18:13 – CBDCs and privacy
#bitcoin #crypto #blockchain
@Kitco NEWS coverage of the @Future Blockchain Summit is sponsored by @CoinPayments Media
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38 Comments
This just let's you know EVEN FURTHER, that most "hackers" would be smart enough to NOT use cryptos. Always scrutinize when they tell you "we need these new intrusive laws because criminals use crypto" blah blah blah. It is nothing but propaganda they use to drum up support for further intrusion into your life. Patriot Act style.
most crypto idiots have not paid their taxes on their gains because they think they will not be caught
Nope. Can’t track Monero. The rest like BTC and ETH are surveillance coins tho
monero
eww this bitch works for the WEF, well continue to launder with cash thanks.
Which countries are not members??!
Like first and watch.
Fake news
Monero fixes this
They can track something until they can’t it’s that simple any crypto coin can be made like monero, guy sound like a puppet!
So we now have a face to put on the Devil.
It’s almost as if Bitcoin is a public ledger where all the transactions are transparent.
Let's talk about widgets
I dont like this guy
Bitcoin 1000k🚀🚀
Douchebag. Nobody with a soul would endeavor to establish a moral equilibrium between the aggregated criminal activity in the financial system (not counting that perpetrated by governments, of course) and the universal need for personal privacy. Criminal activity is a fraction of one percent of all activity. Privacy is a concern for one hundred percent of users. Somebody shove this reeking NPC's head in a toilet where it belongs, please!
Really? crypto is an open ledger? Im amazed.. Hmm how bout privacy coins and mimble wimble..but im gonne watch this.. And see if it has value.. I do expect it to be since it kitco.. But looking at the previous guest i might have to lower my expectations.
Pirate Chain and Monero are 100% private and transactions are not traceable. The masses just don't understand yet how important privacy really is for every one. Soon they will learn the hard way when the WEF and BIS put their claws into their wallets
"Set up by Interpol & WEF" !…
And when Quantum computing reaches GOF it is game over.
Did he say he works for the world economic forum. Screw this Schwab henchman.
I've lost him at "we can track monero".
The point of guy saying that everything is traceable is to make people afraid. Of course if he works, in anyway with the WEF, then his job is to discourage people from buying crypto. Yup…don't be fooled. It's ALL propaganda 🤷
Great, jail Do Kwon and BitBoy
So… 🤔 He says it's Not the Regulators job to detect phoney cryptos or scams… But only to Track Transactions… Doesn't seem like they are there to Help you (?)
Fed & WEF are pulling strings
<IT'S STRANGE HOW PEOPLE TALK ABOUT ALL THE PROFITS, THEY'VE BEEN MAKING THROUGH TRADING OF BITCOIN, WHILE AM HERE MAKING HUGE LOSES. PLEASE CAN SOMEONE PUT ME THROUGH ON THE RIGHT PATH OR AT LEAST ADVISE ME ON WHAT STRATEGY TO FOLLOW
So, bitcoin is a public ledger and your crimes, like being Canadian, cannot be hidden using bitcoin.
Why should we listen to this World Economic Forum buttler??? I'm pretty sure that criminals and government had use, are using and will use back door for crypto. This are something that we, normal people, see only on movies. David you are such a nice guy dont invite scumbag please
this guy is full o shiz
This guy said his organization was set up by the WEF. This isn't about tracking criminal activity. It's about tracking citizens using crypto outside of the CBDC system they plan to force on everyone.
Fk that guy
The guest just confirmed that even as an anonymous Bitcoin buyer, they can track you. That destroys the whole point of Bitcoin.
Tie together “private and public entities” for “best practices”. Yeah, this guy is here from the WEF to economically help us to own nothing.
Cant track Gold and Silver, even Cash has serial numbers
This guy is FIAT 😂. Based on nothing and fake.
Coinbase and other crypto exchanges are sharing all transactions with FEDs. They know the addresses and who owns them. As long as your keep the access code private. They can't touch it.
This dude glows.