Stallman warns about Bitcoin peril

Although enthusiasm for ‘crypto-currency’ bitcoin is expanding, it is not going to save people’s privacy from US NSA spy agency data mining. A truly anonymous online currency is needed, Richard Stallman, president of the Free Software Foundation told RT.

Just as bitcoin soared above $1,200 mark, almost matching current gold prices, some 1500 proponents of the digital currency gathered in London to discuss the problems of the ‘crypto-money’ and how it could change the world.