Bitcoin's blockchain contains child abuse images, meaning the cryptocurrency's possession could be 'illegal'
"[For example], the depiction of nudity of a young woman or hundreds of links to child pornography," the RWTH Aachen University and Goethe University researchers said. Because the blockchain underpins the cryptocurrency, bitcoin users must maintain a complete local copy of the complete blockchain. This "non-financial data", too, cannot be changed.
>"As a result, it could become illegal [or even already is today] to possess the blockchain, which is required to participate in bitcoin," the researchers' paper notes.
"Although court rulings do not yet exist, legislative texts from countries such as Germany, the UK, or the USA suggest that illegal content such as child pornography can make the blockchain illegal to possess for all users."
(((SHUT IT DOWN)))
Obviously this is the action of central bankers putting a stop to this currency. The silver lining is that we can mine reddit for some serious salt in the coming days. Sell your coins ASAP if you fell for that meme too.
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